Exclusive special offer and discount title banner vector image

INDIA THERMOMETER MARKET FORECAST 2023-2030

SCOPE OF THE REPORT

India Thermometer Market by Product Type (Mercury-free Thermometers (Digital Thermometer, Infrared Radiation Thermometer, Other Mercury-free Thermometers), Mercury-based Thermometers) Market by Application (Medical, Industrial, Food, Laboratory, Other Applications)

REQUEST CUSTOMIZATION

MARKET OVERVIEW

The India thermometer market growth is anticipated to progress at a CAGR of 9.90% during the forecast period, 2023-2030, and is predicted to garner a revenue of $108.93 million by 2030.

The medical devices sector in India, often characterized as a burgeoning industry, is currently undergoing rapid expansion, thereby contributing to the growth of the thermometer market. Notably, India ranks as the fourth-largest medical devices market in Asia, trailing only behind Japan, China, and South Korea, and it also secures a position among the top 20 global markets for medical devices.

Further, the onset of COVID-19 spurred substantial advancements in healthcare technology, including the introduction of innovative thermometer solutions. In May 2020, domestic brands such as Segun Life and Detel collaborated to launch infrared thermometers designed to support pandemic-related initiatives in India. Additionally, in June 2020, well-established brands like Hicks introduced advanced digital thermometers featuring functionalities such as memory storage, audible alerts, and automatic shutdown capabilities in response to the evolving healthcare requirements of the Indian populace.

India Thermometer Market

To Know More About This Report, Request a Free Sample Copy

The India thermometer market segmentation includes application and product type. The product type segment includes mercury-free thermometers and mercury-based thermometers. The mercury-free thermometers segment further includes infrared radiation thermometer, digital thermometer, and other mercury-free thermometers.

Historically recognized for their precision and reliability, thermometers utilizing mercury have functioned by employing a glass tube containing mercury that expands or contracts in response to temperature variations, facilitating the measurement of temperature. However, this particular segment within the global thermometer market has experienced a significant decline in recent years. This decline can primarily be attributed to mounting environmental and safety concerns associated with the use of mercury. Even the smallest releases of mercury into the environment can result in substantial ecological and health risks. Consequently, numerous countries and regions have implemented stringent regulations and outright bans on the incorporation of mercury in thermometers.

As part of a broader initiative aimed at reducing mercury usage in various products, the Environmental Protection Agency (EPA) collaborates with stakeholders to reduce the use of mercury-containing non-fever thermometers in industrial and commercial settings. Furthermore, Health Care Without Harm and the World Health Organization have jointly led a global effort to phase out the majority of mercury-based thermometers and sphygmomanometers by 2020. Their efforts include advocating for safe, accurate, and economically viable alternatives to mercury-based medical devices.

In the years ahead, more stringent regulations governing the use of mercury-based thermometers across various sectors are expected. These regulatory measures are designed to protect both the environment and public health from the harmful consequences of mercury waste, especially in situations involving breakages and spills during the collection, recycling, and disposal of products containing mercury. In essence, the declining prevalence of mercury-based thermometers underscores the global commitment to mitigating the hazards associated with mercury, thereby safeguarding the environment and well-being.

Some of the key companies in the India thermometer market are OMRON Healthcare Inc, Hicks Thermometers (India) Ltd, IndoSurgicals Private Limited, etc.

OMRON Healthcare Inc provides medical equipment for health monitoring and therapy. It offers electric toothbrushes, inhalers, body composition monitors, nebulizers, pedometers, digital thermometers, and blood pressure monitors. Also, it provides health promotion services and develops & sells health management software. The company has its headquarters in Muko, Kyoto, Japan and offers products in Asia-Pacific, Europe, and the United States.

One of its key products, the No-Touch Digital Infrared Forehead Thermometer, facilitates easy and swift temperature readings.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2023-2030
Base Year2022
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million)
Segments Analyzed
Product Type and Application
Countries AnalyzedIndia
Companies Analyzed3M, Hicks Thermometers (India) Ltd, IndoSurgicals Private Limited, OMRON Healthcare Inc, RAJ THERMOMETERS

TABLE OF CONTENT

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. COUNTRY SNAPSHOT
    3. COUNTRY ANALYSIS 
    4. SCOPE OF STUDY
    5. CRISIS SCENARIO ANALYSIS
    6. MAJOR MARKET FINDINGS
      1. INDUSTRIAL SEGMENT IS POISED FOR THE FASTEST GROWTH
      2. GROWING HEALTH CONSCIOUSNESS AND HEALTHCARE COSTS BOOST MARKET GROWTH
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. GROWING PREVALENCE OF INFECTIOUS DISEASES
      2. RISING AWARENESS ABOUT BODY TEMPERATURE MONITORING’S IMPORTANCE
      3. TECHNOLOGICAL ADVANCEMENTS
    2. KEY RESTRAINTS
      1. STRINGENT REGULATIONS
      2. INACCURATE READINGS REPORTED BY THERMOMETER
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
    2. PESTLE ANALYSIS
      1. POLITICAL
      2. ECONOMICAL
      3. SOCIAL
      4. TECHNOLOGICAL
      5. LEGAL
      6. ENVIRONMENTAL
    3. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    4. MARKET CONCENTRATION ANALYSIS
    5. VALUE CHAIN ANALYSIS
      1. RAW MATERIALS
      2. MANUFACTURERS
      3. DISTRIBUTORS
      4. RETAILERS
      5. SALES
    6. KEY BUYING CRITERIA
      1. ACCURACY
      2. EASE OF USE
      3. RELIABILITY AND DURABILITY
      4. SPEED
      5. TYPE OF THERMOMETER
  5. MARKET BY PRODUCT TYPE
    1. MERCURY-FREE THERMOMETERS
      1. DIGITAL THERMOMETER
      2. INFRARED RADIATION THERMOMETER
      3. OTHER MERCURY-FREE THERMOMETERS
    2. MERCURY-BASED THERMOMETERS
  6. MARKET BY APPLICATION
    1. MEDICAL
    2. INDUSTRIAL
    3. FOOD
    4. LABORATORY
    5. OTHER APPLICATIONS
  7. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. PRODUCT LAUNCHES & DEVELOPMENTS
      2. PARTNERSHIPS & AGREEMENTS
    2. COMPANY PROFILES
      1. 3M
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      2. HICKS THERMOMETERS (INDIA) LTD
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      3. INDOSURGICALS PRIVATE LIMITED
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      4. OMRON HEALTHCARE INC
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES
      5. RAJ THERMOMETERS
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – THERMOMETER

TABLE 2: INDIA THERMOMETER MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: INDIA THERMOMETER MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 4: INDIA THERMOMETER MARKET, BY MERCURY-FREE THERMOMETER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION) 

TABLE 5: INDIA THERMOMETER MARKET, BY MERCURY-FREE THERMOMETER, FORECAST YEARS, 2023-2030 (IN $ MILLION) 

TABLE 6: INDIA THERMOMETER MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: INDIA THERMOMETER MARKET, BY APPLICATION, FORECAST YEARS, 2023-2030 (IN $ MILLION)

TABLE 8: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 9: LIST OF PARTNERSHIPS & AGREEMENTS

LIST OF FIGURES 

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: MARKET CONCENTRATION ANALYSIS

FIGURE 4: VALUE CHAIN ANALYSIS

FIGURE 5: KEY BUYING CRITERIA

FIGURE 6: INDIA THERMOMETER MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2022

FIGURE 7: INDIA THERMOMETER MARKET, BY MERCURY-FREE THERMOMETERS, 2023-2030 (IN $ MILLION)

FIGURE 8: INDIA THERMOMETER MARKET, GROWTH POTENTIAL, BY MERCURY-FREE THERMOMETERS, IN 2022 

FIGURE 9: INDIA THERMOMETER MARKET, BY DIGITAL THERMOMETER, 2023-2030 (IN $ MILLION)

FIGURE 10: INDIA THERMOMETER MARKET, BY INFRARED RADIATION THERMOMETER, 2023-2030 (IN $ MILLION)

FIGURE 11: INDIA THERMOMETER MARKET, BY OTHER MERCURY-FREE THERMOMETER, 2023-2030 (IN $ MILLION)

FIGURE 12: INDIA THERMOMETER MARKET, BY MERCURY-BASED THERMOMETERS, 2023-2030 (IN $ MILLION)

FIGURE 13: INDIA THERMOMETER MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022

FIGURE 14: INDIA THERMOMETER MARKET, BY MEDICAL, 2023-2030 (IN $ MILLION)

FIGURE 15: INDIA THERMOMETER MARKET, BY INDUSTRIAL, 2023-2030 (IN $ MILLION)

FIGURE 16: INDIA THERMOMETER MARKET, BY FOOD, 2023-2030 (IN $ MILLION)

FIGURE 17: INDIA THERMOMETER MARKET, BY LABORATORY, 2023-2030 (IN $ MILLION)

FIGURE 18: INDIA THERMOMETER MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)

FAQ’s

Request Customization
Request Customization
Request free sample