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Asia Pacific Thermometer Market Size study, by Product (Mercury-based Thermometers, Mercury-free Thermometers) by Application (Medical, Industrial, Food, Laboratory, Others) and Country Forecasts 2022-2032

June 2024 | 200 pages | ID: A48E9BC5B54BEN
Bizwit Research & Consulting LLP

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Asia Pacific Thermometer Market is valued at approximately USD 340 million in 2023 and is anticipated to grow with a healthy growth rate of more than 11.42% over the forecast period 2024-2032. The thermometer is a device used to measure temperature, consisting of two key components: a temperature sensor that reacts to temperature fluctuations, and a mechanism that converts these changes into numerical readings. Thermometers are essential tools utilized across multiple fields. The key trend of the Thermometer Market in Asia Pacific is growing investment in healthcare infrastructure. The expansion of healthcare infrastructure in countries like China, India, and Japan is stipulating the demand for medical devices, including thermometers. Governments and private sectors are investing heavily in healthcare facilities, which is boosting the market growth across the region.

Furthermore, there is a growing emphasis on personal health and wellness among consumers in the Asia Pacific region. This factor has led to increased adoption of digital and smart thermometers for home use, as population become more proactive about monitoring their health. Also, the aging population in many Asia Pacific countries is driving the demand for medical devices, including thermometers, as older individuals require more frequent health monitoring. The need for reliable and easy-to-use thermometers is particularly important for this demographic. Additionally, advances in thermometer technology, such as the development of digital, infrared, and smart thermometers, are making these devices more accurate, user-friendly, and accessible. Innovations in connectivity, allowing thermometers to sync with smartphones and other devices, are also gaining high traction among tech-savvy consumers. However, competition from alternatives and high product costs is likely to limit Thermometer market growth over the forecast period 2024-2032.

The key Countries considered for the Asia Pacific Thermometer market study include China, India, Japan, South Korea, Australia and Rest of Asia Pacific. In 2023, China was the largest regional market in terms of revenue. China's healthcare sector has been expanding rapidly, fueled by government investments and a growing middle class with higher disposable incomes. This expansion includes the development of hospitals, clinics, and other healthcare facilities that require thermometers and other medical devices. Also, there is a rising awareness among the Chinese population about health and wellness. Population are more conscious of monitoring their health parameters, including body temperature, leading to higher demand for thermometers for home use. Moreover, India is expected to grow with the highest CAGR during the forecast period of 2024-2032.

Major market players included in this report are:
Terumo Corporation
Omron Corporation
Andon Health Co., Ltd
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:

By Product
Mercury-based Thermometers
Mercury-free Thermometers

By Application
Medical
Industrial
Food
Laboratory
Others
By Region:
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032

Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market
CHAPTER 1. ASIA PACIFIC THERMOMETER MARKET DEFINITION AND RESEARCH ASSUMPTIONS

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
  1.3.1. Inclusion & Exclusion
  1.3.2. Limitations
  1.3.3. Supply Side Analysis
    1.3.3.1. Availability
    1.3.3.2. Infrastructure
    1.3.3.3. Regulatory Environment
    1.3.3.4. Market Competition
    1.3.3.5. Economic Viability (Consumer’s Perspective)
  1.3.4. Demand Side Analysis
    1.3.4.1. Regulatory frameworks
    1.3.4.2. Technological Advancements
    1.3.4.3. Environmental Considerations
    1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Asia Pacific Thermometer Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
  2.3.1. By Product
  2.3.2. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

CHAPTER 3. ASIA PACIFIC THERMOMETER MARKET DYNAMICS

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

CHAPTER 4. ASIA PACIFIC THERMOMETER MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. ASIA PACIFIC THERMOMETER MARKET SIZE & FORECASTS BY PRODUCT 2022-2032

5.1. Mercury-based Thermometers
5.2. Mercury-free Thermometers

CHAPTER 6. ASIA PACIFIC THERMOMETER MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

6.1. Medical
6.2. Industrial
6.3. Food
6.4. Laboratory
6.5. Others

CHAPTER 7. ASIA PACIFIC THERMOMETER MARKET SIZE & FORECASTS BY COUNTRY 2022-2032

7.1. China Thermometer Market
  7.1.1. Product breakdown size & forecasts, 2022-2032
  7.1.2. Application breakdown size & forecasts, 2022-2032
7.2. India Thermometer Market
7.3. Japan Thermometer Market
7.4. Australia Thermometer Market
7.5. South Korea Thermometer Market
7.6. Rest of Asia Pacific Thermometer Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Company
  8.1.2. Company
  8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Terumo Corporation
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Market Strategies
  8.3.2. Omron Corporation
  8.3.3. Andon Health Co., Ltd
  8.3.4. Company
  8.3.5. Company
  8.3.6. Company
  8.3.7. Company
  8.3.8. Company
  8.3.9. Company
  8.3.10. Company

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1. Asia Pacific Thermometer market, report scope
TABLE 2. Asia Pacific Thermometer market estimates & forecasts by Country 2022-2032 (USD Million)
TABLE 3. Asia Pacific Thermometer market estimates & forecasts by Product 2022-2032 (USD Million)
TABLE 4. Asia Pacific Thermometer market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 5. Asia Pacific Thermometer market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. Asia Pacific Thermometer market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. Asia Pacific Thermometer market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Asia Pacific Thermometer market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Asia Pacific Thermometer market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Asia Pacific Thermometer market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Asia Pacific Thermometer market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Asia Pacific Thermometer market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Asia Pacific Thermometer market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. Asia Pacific Thermometer market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. China Thermometer market estimates & forecasts, 2022-2032 (USD Million)
TABLE 16. China Thermometer market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 17. China Thermometer market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18. India Thermometer market estimates & forecasts, 2022-2032 (USD Million)
TABLE 19. India Thermometer market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 20. India Thermometer market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. Japan Thermometer market estimates & forecasts, 2022-2032 (USD Million)
TABLE 22. Japan Thermometer market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 23. Japan Thermometer market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24. Australia Thermometer market estimates & forecasts, 2022-2032 (USD Million)
TABLE 25. Australia Thermometer market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 26. Australia Thermometer market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27. South Korea Thermometer market estimates & forecasts, 2022-2032 (USD Million)
TABLE 28. South Korea Thermometer market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 29. South Korea Thermometer market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30.
TABLE 31. RoAPAC Thermometer market estimates & forecasts, 2022-2032 (USD Million)
TABLE 32. RoAPAC Thermometer market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 33. RoAPAC Thermometer market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 34. List of secondary sources, used in the study of Asia Pacific Thermometer Market.
TABLE 35. List of primary sources, used in the study of Asia Pacific Thermometer Market.
TABLE 36. Years considered for the study.
TABLE 37. Exchange rates considered

LIST OF FIGURES

FIG 1. Asia Pacific Thermometer market, research methodology
FIG 2. Asia Pacific Thermometer market, market estimation techniques
FIG 3. Asia Pacific market size estimates & forecast methods.
FIG 4. Asia Pacific Thermometer market, key trends 2023
FIG 5. Asia Pacific Thermometer market, growth prospects 2022-2032
FIG 6. Asia Pacific Thermometer market, porters 5 force model
FIG 7. Asia Pacific Thermometer market, pestel analysis
FIG 8. Asia Pacific Thermometer market, value chain analysis
FIG 9. Asia Pacific Thermometer market by segment, 2022 & 2032 (USD Million)
FIG 10. Asia Pacific Thermometer market by segment, 2022 & 2032 (USD Million)
FIG 11. Asia Pacific Thermometer market by segment, 2022 & 2032 (USD Million)
FIG 12. Asia Pacific Thermometer market by segment, 2022 & 2032 (USD Million)
FIG 13. Asia Pacific Thermometer market by segment, 2022 & 2032 (USD Million)
FIG 14. Asia Pacific Thermometer market, Country snapshot 2022 & 2032
FIG 15. Asia pacific Thermometer market 2022 & 2032 (USD Million)
FIG 16. Asia Pacific Thermometer market, company market share analysis (2023)


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