Latin America Thermometer Market 2023-2030

Latin America Thermometer Market 2023-2030



Market Outlook

Triton Market Research’s report infers the thermometer market in Latin America to register a compound annual growth rate of 8.10% during the forecast period 2023-2030. Brazil, Mexico, and Rest of Latin America are studied in the region’s market.

Mexico holds a prominent position in the medical device industry, ranking as the eighth-largest manufacturer of medical devices worldwide. With more than 2,500 specialized medical device manufacturing companies within its borders, the nation exhibits a robust presence in this sector. Notably, in 2020, the per capita healthcare expenditure in Mexico increased significantly from the previous year. This rise highlights the evolving demographic landscape, which contributes to the thermometer market’s expansion.

Argentina, the third-largest economy in Latin America, boasts a robust GDP. Health spending in the country has surged in recent years. This situates Argentina among the Latin American and Caribbean nations with one of the highest healthcare expenditure-to-GDP ratios. Additionally, the increasing aging population leads to substantial investments in healthcare, thereby widening the scope of the thermometer market.

Competitive Outlook

The major companies in the thermometer market include Medline Industries LP, Welch Allyn, 3M, Easywell Biomedicals, and A&D Medical.


1. Latin America 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. Latin America 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. Latin America Thermometer Market – By Application
4.1. Medical
4.2. Industrial
4.3. Food
4.4. Laboratory
4.5. Other Applications
5. Latin America Thermometer Market – By Country Outlook
5.1. Brazil
5.1.1. Brazil Thermometer Market Forecast & Prospects
5.2. Mexico
5.2.1. Mexico Thermometer Market Forecast & Prospects
5.3. Rest Of Latin America
5.3.1. Rest Of Latin America Thermometer Market Forecast & Prospects
6. Competitive Landscape
6.1. Medline Industries Inc
6.1.1. Overview
6.1.2. Product Portfolio
6.1.3. Key Strengths
6.1.4. Key Challenges
6.2. Welch Allyn
6.2.1. Overview
6.2.2. Product Portfolio
6.2.3. Key Strengths
6.2.4. Key Challenges
6.3. Easywell Biomedicals
6.3.1. Overview
6.3.2. Product Portfolio
6.3.3. Key Strengths
6.3.4. Key Challenges
6.4. 3m
6.4.1. Overview
6.4.2. Product Portfolio
6.4.3. Key Strengths
6.4.4. Key Challenges
6.5. Rg Medical Diagnostics
6.5.1. Overview
6.5.2. Product Portfolio
6.5.3. Key Strengths
6.5.4. Key Challenges
6.6. Microlife Corporation
6.6.1. Overview
6.6.2. Product Portfolio
6.7. A&D Medical
6.7.1. Overview
6.7.2. Product Portfolio
6.8. America Diagnostics Corporation
6.8.1. Overview
6.8.2. Product Portfolio
6.8.3. Key Strengths
6.8.4. Key Challenges
6.9. Beurer Gmbh
6.9.1. Overview
6.9.2. Product Portfolio
6.10. Exergen Corporation
6.10.1. Overview
6.10.2. Product Portfolio
6.11. Briggs Healthcare
6.11.1. Overview
6.11.2. Product Portfolio
6.12. Omron Healthcare Inc
6.12.1. Overview
6.12.2. Product Portfolio
6.12.3. Key Strengths
6.12.4. Key Challenges
6.13. Fairhaven Health
6.13.1. Overview
6.13.2. Product Portfolio
6.14. Terumo Corporation
6.14.1. Overview
6.14.2. Product Portfolio
6.14.3. Key Strengths
6.14.4. Key Challenges
7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources Of Data
7.3. Research Methodology
List Of Tables
Table 1: Latin America Thermometer Market, By Country Outlook, 2023-2030 (In $ Million)
Table 2: List Of Collaborations
Table 3: List Of Product Launches
Table 4: Latin America Thermometer Market, By Product Type, 2023-2030 (In $ Million)
Table 5: Latin America Thermometer Market, By Mercury-free Thermometer, 2023-2030 (In $ Million)
Table 6: Latin America Thermometer Market, By Application, 2023-2030 (In $ Million)
Table 7: Latin America Thermometer Market, By Country Outlook, 2023-2030 (In $ Million)
List Of Figures
Figure 1: Industry Components
Figure 2: Key Buying Impact Analysis
Figure 3: Latin America Thermometer Market, By Product Type, 2022 & 2030 (In %)
Figure 4: Latin America Thermometer Market, By Mercury-free Thermometers, 2023-2030 (In $ Million)
Figure 5: Latin America Thermometer Market, By Mercury-free Thermometers, 2022 & 2030 (In %)
Figure 6: Latin America Thermometer Market, By Digital Thermometers, 2023-2030 (In $ Million)
Figure 7: Latin America Thermometer Market, By Infrared Radiation Thermometers, 2023-2030 (In $ Million)
Figure 8: Latin America Thermometer Market, By Other Mercury-free Thermometers, 2023-2030 (In $ Million)
Figure 9: Latin America Thermometer Market, By Mercury-based Thermometers, 2023-2030 (In $ Million)
Figure 10: Latin America Thermometer Market, By Application, 2022 & 2030 (In %)
Figure 11: Latin America Thermometer Market, By Medical, 2023-2030 (In $ Million)
Figure 12: Latin America Thermometer Market, By Industrial, 2023-2030 (In $ Million)
Figure 13: Latin America Thermometer Market, By Food, 2023-2030 (In $ Million)
Figure 14: Latin America Thermometer Market, By Laboratory, 2023-2030 (In $ Million)
Figure 15: Latin America Thermometer Market, By Other Applications, 2023-2030 (In $ Million)
Figure 16: Latin America Thermometer Market, By Country Outlook, 2022 & 2030 (In %)
Figure 17: Brazil Thermometer Market 2023-2030 (In $ Million)
Figure 18: Mexico Thermometer Market 2023-2030 (In $ Million)
Figure 19: Rest Of Latin America Thermometer Market 2023-2030 (In $ Million)

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