Rise in number of applications including food preparation, manufacturing, medical & scientific testing & procedures and increase in demand for mercury-free thermometers drive the growth of the global digital thermometer market. Asia-Pacific is contributed to the highest share in terms of revenue in 2021. The outbreak of the COVID-19 pandemic led to have a positive impact on the growth of the global digital thermometer market.
According to the report published by Allied Market Research, the global digital thermometer market generated $757.8 million in 2021, and is projected to reach $1.3 billion by 2031, witnessing a CAGR of 5.6% from 2022 to 2031. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
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Based on region, Asia-Pacific is contributed to the highest share in terms of revenue in 2021, holding more than one-third of the total market share, and is estimated to continue its dominant share by 2031. Moreover, the same region is projected to manifest the fastest CAGR of 5.9% during the forecast period. The research also analyzes regions including North America, Europe, and LAMEA.
Leading players of the global digital thermometer market analyzed in the research include A&D Medical (A&D Company, Limited), Actherm Inc. (FORTECHGRP CO., LTD.), AMETEK Land (Land Instruments International Ltd), EXTECH (Teledyne FLIR), Fairhaven Health, Omega Engineering Inc. (Spectris plc), OMRON Healthcare Inc., PCE Holding GmbH, RG Medical Diagnostics and Terumo Corporation.
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