Triton Market Research’s report estimates the thermometer market in North America to register a compound annual growth rate of 6.99% over the forecast phase from 2023 to 2030. Canada and the United States are studied in the given region.
The thermometer market in Canada is experiencing substantial growth, boosted by healthcare trends in the country. Additionally, the market’s growth is prompted by the strong healthcare sector, marked by substantial investments and a rising number of hospital admissions. Projections indicate a significant increase in Canada’s total healthcare expenditure in the coming years, thereby opening avenues for the thermometer market.
In the United States, the thermometer market is witnessing substantial growth due to a combination of factors, including stringent healthcare regulations, a large patient population, and a well-established healthcare sector. These factors have further accelerated the demand for precise temperature measurement devices, widening the scope of the thermometer market.
Competitive Outlook
The renowned companies in the thermometer market consist of Medline Industries LP, 3M, Welch Allyn, Easywell Biomedicals, and RG Medical Diagnostics.
1. North 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. North 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. North America Thermometer Market – By Application
4.1. Medical
4.2. Industrial
4.3. Food
4.4. Laboratory
4.5. Other Applications
5. North America Thermometer Market – Country Outlook
5.1. United States
5.1.1. United States Thermometer Market Forecast & Prospects