Middle East And Africa Thermometer Market 2023-2030
Market Outlook
According to Triton’s report, the thermometer market in the Middle East and Africa is likely to advance with a growth rate of 7.28% during the years 2023-2030. The UAE, Turkey, South Africa, Egypt, Saudi Arabia, and Rest of Middle East & Africa are examined in the region.
The United Arab Emirates boasts a thriving industrial sector that significantly contributes to its GDP, with manufacturing as the second-largest contributor. The nation has set ambitious goals to increase industrial manufacturing’s GDP contribution, driven by initiatives such as the Dubai Industrial Strategy 2030. In terms of healthcare, the nation has established a well-developed healthcare infrastructure marked by substantial investments. This dynamic economic landscape and the nation’s healthcare priorities provide promising opportunities for the thermometer market.
Saudi Arabia is strategically positioned to foster growth in the medical devices and consumables sector due to substantial investments in healthcare. In 2020, the country allocated a significant amount for healthcare expenditure. A noteworthy demographic shift is underway in Saudi Arabia, with the population of individuals aged 60 and older expected to grow significantly by 2050. These factors are expected to fuel the thermometer market’s progression.
Competitive Outlook
Some of the companies listed in the thermometer market are Microlife Corporation, Exergen Corporation, Omron Healthcare Inc, Briggs Healthcare, A&D Medical, and 3M.
1. Middle East And Africa 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. Middle East And Africa 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. Middle East And Africa Thermometer Market – By Application
4.1. Medical
4.2. Industrial
4.3. Food
4.4. Laboratory
4.5. Other Applications
5. Middle East And Africa Thermometer Market – By Country Outlook
5.1. United Arab Emirates
5.1.1. United Arab Emirates Thermometer Market Forecast & Prospects