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Smart Thermometer Market By Usage (Medical, Food industry, Cooking Smart Thermometers, Meat Smart Thermometers, Oven Smart Thermometers, Food Probe Smart Thermometers, Fridge Freezer Smart Thermometers, Pocket Smart Thermometers, Industrial, Laboratory, Others) By Distribution Channel (Online Store, Offline Store) and Region - Global Forecast 2016 to 2024.
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Global Smart Thermometer Market Outlook: Industry Insights & Opportunity Evaluation, 2017-2024 Copyright © ResearchNester
Global Smart Thermometer Market Overview Smart Thermometer Market By Usage (Medical, Food industry, Cooking Smart Thermometers, Meat Smart Thermometers, Oven Smart Thermometers, Food Probe Smart Thermometers, Fridge Freezer Thermometers, Industrial, Laboratory, Others) By Distribution Channel (Online Store, Offline Store) and Region - Global Forecast 2016 to 2024. Smart Thermometers, Pocket Smart Smart thermometer is referred to a device which measures the temperature of the body, food and other things. Smart thermometer records the temperature of the person and it also helps the person to remind when to take the medicine. Smart thermometers are widely used by different sectors such as healthcare, food industry and others. Market Size and Forecast Global Smart Thermometer Market is expected to grow at a robust growth over the forecast period i.e. 2017-2024. Further, the factors propelling the growth of smart thermometer market include increasing healthcare concerns among the population and growing diseases such as chronic fever, malaria, swine flu and other diseases which can be diagnosed by observing body temperature. Moreover, the medical sector by usage is anticipated to witness highest market share in overall smart thermometer market. Rising adoption of advanced healthcare technology by medical sector is believed to foster the growth of smart thermometer market by the end of 2024. Regionally, North America is the leading market for smart thermometer in terms of revenue. Further, the region is anticipated to continue its dominance over the forecast period owing to the increasing demand for smart thermometer from healthcare sector. The U.S. holds the largest market for smart thermometer in North America region. Moreover, advancement technology related to measuring temperature is also expected to flourish the growth of smart thermometer market. Copyright © ResearchNester
Europe region grabbed the second largest market of smart thermometer owing to growing adoption of quick and safer healthcare devices. Further, rising demand for smart thermometer can be witnessed from food and beverage industry in Europe region by the end of 2024. Moreover, Europe smart thermometer market is led by U.K. and France owing to growing awareness towards high body temperature diseases. Asia-Pacific region is projected to witness a robust growth by the end 2024 owing to the growing economies such as China and India. Further, rising disposable income and rapid urbanization are expected to bolster the growth of smart thermometer market in Asia-Pacific region. Market Segmentation Our in-depth analysis segmented the global smart thermometer market in the following segments: By Usage • Medical • Food industry • Cooking Smart Thermometers • Meat Smart Thermometers • Oven Smart Thermometers • Food Probe Smart Thermometers • Fridge Freezer Smart Thermometers • Pocket Smart Thermometers • Industrial • Laboratory • Others Copyright © ResearchNester
By Distribution Channel Online Store Offline Store By Region • Global smart thermometer market is further classified on the basis of region as follows: • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, South Korea &Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis • Middle East and Africa (GCC, South Africa, North Africa) Market size, Y-O-Y growth & Opportunity Analysis Growth Drivers and Challenges Rising number of medical conditions requiring accurate measurement and growing adoption of smart thermometers by clinics, hospitals and others for quick and safer test results are anticipated to be the dynamic factor behind the rapid growth of smart thermometer market. Further, increasing demand for smart thermometer from food industry is also projected to foster the growth of smart thermometer market by the end of 2024. Moreover, undercooking of foods such as toxicity, digestion problems, loss of nutrients and others is substantially raising the demand for smart food thermometer in various food industries and restaurants. increasing awareness about the effects of overcooking and Copyright © ResearchNester
Furthermore, the market is growing on the back of rising demand for smart thermometers from chemicals, pharmaceuticals and others owing for the maintenance of an environment of specific temperature. Apart from this, rising e- commerce channel expansion and increasing preferences for online purchases is likely to expand the market size of the smart thermometer market. However, high cost of smart thermometers is the major restraining factor for the growth of this market. Moreover, lack of awareness is also envisioned to hamper the growth of smart thermometer market across the globe. Key players The major key players for smart thermometer market are as follows • Electronic Temperature Instruments Ltd. • Company Overview • Key Product Offerings • Business Strategy • SWOT Analysis • Financials • Kinsa • Smarttemp • Nokia • Vicks • Swaive • Testo • Williams Sonoma • Zeraph • ThermoWorks Scope and Context Overview of the Parent Market Analyst View Copyright © ResearchNester
Segmentation The global smart thermometer market is segmented as follows: • By Usage Market Size & Y-O-Y Growth Analysis • By Distribution Channel Market Size & Y-O-Y Growth Analysis • By Region Market Size & Y-O-Y Growth Analysis Market Dynamics • Supply & Demand Risk • Competitive Landscape • Porter’s Five Force Model • Geographical Economic Activity Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio Recent Trends and Developments Industry Growth Drivers and Challenges Key Information for Players to establish themselves in current dynamic environment Copyright © ResearchNester Copyright © ResearchNester
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