LAMEA Digital Thermometer Market Size, Share & Industry Trends Analysis Report By End Use (Healthcare, Industrial, Residential, Commercial), By Product Type, By Interface (Contact Free and Contact), By Sensor Type, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Digital Thermometer Market would witness market growth of 8.9% CAGR during the forecast period (2022-2028).
Everyone agrees that preventing sickness is preferable to treating it once it occurs. Preventive and wellness care are geared toward two broad categories of health consumers to achieve that goal: those who are generally in good health and those who are at risk for particular chronic diseases such as patients with prediabetes. These regions have a major focus on at-home and portable medical technology.
So-called wearables, such as heart monitors, smart pedometers, and other measurement tools like digital scales and thermometers, have made up the majority of IoT-enabled gadgets so far. These gadgets typically feature some sort of data-based service, like a smartphone app, to track outcomes. The information gathered is therefore unknown to physicians unless their patients tell them or bring it with them to the doctor's office, even though it is helpful to the user.
When it comes to the Value Loop, there is a bottleneck in the information flow at the collecting stage. To fully utilize the possibilities of IoT-enabled devices and enhance healthcare and health, this bottleneck must be broken and preventative and wellness monitoring must be integrated with current EHR systems. The DS 1820 from Dallas Semiconductor, which features a digital thermometer, is one of the more peculiar temperature management ICs.
It is estimated that the UAE's Gross Domestic Product (GDP) will grow by 3.5 percent in 2019, up from 2.8 percent in 2018, due to a $13.6 billion stimulus package presented by Abu Dhabi in June 2018 and a range of other efforts to simplify business throughout the country. As a result of the UAE government's priority to build high-quality healthcare infrastructure, the sector has seen significant growth and expansion in recent years. One-third of UAE adults are obese, and one in five people there have diabetes, according to the World Health Organization.
The Brazil market dominated the LAMEA Digital Thermometer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $20.7 million by 2028. The Argentina market is experiencing a CAGR of 9.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 8.6% during (2022 - 2028).
Based on End Use, the market is segmented into Healthcare, Industrial, Residential, Commercial, and Others. Based on Product Type, the market is segmented into Forehead Thermometer, App-based Thermometer, Digital Ear Thermometer, Oral Thermometer, and Others. Based on Interface, the market is segmented into Contact Free and Contact. Based on Sensor Type, the market is segmented into Resistance Temperature Detector, Thermistor, and Thermocouple. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Spectris PLC (Omega Engineering, Inc.), Ametek, Inc., Omron Corporation, Terumo Corporation, Fairhaven Health, LLC, Teledyne FLIR LLC (Teledyne Technologies Incorporated), A&D Engineering, Inc., PCE Holding GmbH., and RG Medical Diagnostics.
Scope of the Study
Market Segments Covered in the Report:
By End Use
By Product Type
- Forehead Thermometer
- App-based Thermometer
- Digital Ear Thermometer
- Oral Thermometer
- Contact Free
By Sensor Type
- Resistance Temperature Detector
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Spectris PLC (Omega Engineering, Inc.)
- Ametek, Inc.
- Omron Corporation
- Terumo Corporation
- Fairhaven Health, LLC
- Teledyne FLIR LLC (Teledyne Technologies Incorporated)
- A&D Engineering, Inc.
- PCE Holding GmbH.
- RG Medical Diagnostics
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