The Asia-Pacific home-use infrared thermometer market was close to USD 550 Mn in 2023 and is expected to grow at a CAGR of 8.1% through 2032. The growth in this sector is mainly driven by a rise in health awareness, the increasing adoption of home healthcare devices, and a growing demand for non-contact thermometers, particularly in the post-pandemic period. Technological advancements, such as faster reading capabilities and Bluetooth connectivity, are also boosting consumer interest and encouraging the adoption of these products in the region.
Asia-Pacific home-use infrared thermometer market is segmented into Measurement Points, Sales Channels, and Countries. The Asia-Pacific market is estimated to grow 1.60 times between 2024 and 2032, creating an absolute dollar opportunity of more than USD 500 million. In 2023-2024, the Asia-Pacific home-use infrared thermometer market is expected to grow at a rate of 6.4% Y-o-Y, compared to 6.0% Y-o-Y in 2022.
The study provides market insights and analysis of the Home-Use Infrared Thermometer Market, highlighting the market technological trends, adoption rate, industry dynamics, and competitive analysis of major players in the industry. The industry landscape comprises of list of key market leaders operating in the market, Porter’s five force analysis, PESTAL analysis and the key industry dynamics in the Asia-Pacific Home-Use Infrared Thermometer Market. Industry dynamics include the factors driving the market, prevailing deterrent, potential opportunities as well as future trends specific to regional and country level.
The study offers detailed profiles of the key companies operating in the Asia-Pacific Home-Use Infrared Thermometer Market. The companies have been profiled on the basis of their key facts, business description, key executives’ detail, products and services offered, financial overview, and SWOT analysis.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.