As per Triton’s report, the Europe thermometer market is set to display a compound annual growth rate of 7.24% during 2023-2030. Germany, Italy, the United Kingdom, Spain, France, and the Rest of Europe are considered in the region.
The thermometer market in Italy is experiencing steady growth, driven by a growing concern for health. Italy boasts the fourth-largest medical equipment and supplies market in Europe, comprising a diverse landscape of around 3,957 companies encompassing distributors, manufacturers, and service providers. Notably, there is a rise in thermometers, primarily from public hospitals, which account for over 75% of medical device procurement.
Spain’s strong manufacturing sector positions the country as a significant global economic contributor. This, in turn, plays a crucial role in the growth of the thermometer market. Furthermore, the nation’s automotive industry, ranking as the second-largest in Europe, fosters innovation and quality in the production of diverse components, including industrial thermometers used in manufacturing processes.
Competitive Outlook
The companies in the thermometer market consist of Exergen Corporation, Briggs Healthcare, Omron Healthcare Inc, Microlife Corporation, and Welch Allyn.
1. Europe Thermometer Market - Summary
2. Industry Outlook
2.1. Parent Market Analysis
2.2. Impact Analysis On The Thermometer Market
2.2.1. Covid-19 Impact
2.2.2. Ukraine-russia War Impact
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Industry Components
2.4.1. Raw Materials
2.4.2. Manufacturers
2.4.3. Distributors
2.4.4. Retailers
2.4.5. Sales
2.5. Key Buying Impact Analysis
2.5.1. Accuracy
2.5.2. Ease Of Use
2.5.3. Reliability And Durability
2.5.4. Speed
2.5.5. Type Of Thermometer
2.6. Key Market Strategies
2.6.1. Collaborations
2.6.2. Product Launches
2.7. Market Drivers
2.7.1. Growing Importance Of Body Temperature Monitoring
2.7.2. High Incidence Of Infectious Diseases
2.7.3. Evolving Technological Landscape
2.8. Market Challenges
2.8.1. Incorrect Temperature Readings From Thermometers
2.8.2. Stringent Regulatory Framework
2.9. Market Opportunities
2.9.1. Soaring Popularity Of Non-contact Thermometers
2.9.2. Increasing Use Of Digital Thermometers
2.10. Analyst Perspective
3. Europe Thermometer Market– By Product Type
3.1. Mercury-free Thermometers
3.1.1. Digital Thermometers
3.1.2. Infrared Radiation Thermometers
3.1.3. Other Mercury-free Thermometers
3.2. Mercury-based Thermometers
4. Europe Thermometer Market – By Application
4.1. Medical
4.2. Industrial
4.3. Food
4.4. Laboratory
4.5. Other Applications
5. Europe Thermometer Market – By Country Outlook
5.1. United Kingdom
5.1.1. United Kingdom Thermometer Market Forecast & Prospects