Market Forecast By Measurement Point Type (Ear, Forehead, Multifunctional), By Application (Medical, Veterinary), By Product Type (Handheld Infrared Thermometers, Fixed Infrared Thermometers) And Competitive Landscape
Product Code: ETC002966 | Publication Date: Jun 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Australia Infrared Thermometer Market |
Forecast period | 2024-2030 |
CAGR | 8.2% |
Growing Sector | Healthcare and Electronics |
The Australia Infrared Thermometer Market report provides a comprehensive evaluation by types, application segments, leading players, and key government initiatives. This detailed report offers stakeholders valuable insights into current and projected market trends, main drivers, high-growth segments, and key challenges, aiding in the formulation of strategic decisions and aligning market strategies with evolving industry dynamics.
The Australia Infrared Thermometer Market is currently experiencing robust growth, driven mainly by the increasing focus on health and safety, especially in medical settings and public spaces. The demand for non-contact temperature measurement devices has surged due to the COVID-19 pandemic, highlighting their importance in monitoring and controlling infectious diseases. Furthermore, technological advancements and the expansion of e-commerce platforms are contributing significantly to market growth. However, challenges such as competition from traditional thermometers and the need for periodic calibration may affect the market dynamics in the near future.
According to 6Wresearch, The Australia Infrared Thermometer Market size is expected to grow at a significant CAGR of 8.2% during the forecast period 2024-2030. The growth of the Australia Infrared Thermometer Market can be attributed to several factors. The ongoing technological advancements have led to the development of more accurate and efficient infrared thermometer models, enhancing user convenience. A shift in consumer preferences towards non-invasive and quick measurement methods further fuels this market. Additionally, supportive regulatory frameworks aimed at improving healthcare standards bolster the demand for accurate temperature-monitoring solutions in hospitals, schools, and public facilities. The rising prevalence of viral infections also highlights the need for proficient monitoring systems, driving the infrared thermometer market forward.
Despite its growth potential, the Australia Infrared Thermometer Market encounters several challenges. The primary issue is the presence of alternative fever detection methods, such as traditional thermometers, which can hinder market penetration. Regulatory hurdles and the need for compliance with safety and calibration standards pose additional challenges for new entrants. Moreover, economic factors such as fluctuating raw material prices and potential supply chain disruptions could adversely impact manufacturing costs. The market also faces competition from low-cost, low-quality import products that can dilute brand trust.
Key players in the Australia Infrared Thermometer Market include Braun, Omron Healthcare, and Fluke Corporation. These companies lead the industry by leveraging innovation and technology to develop high-precision infrared thermometers that cater to medical, veterinary, and industrial applications. Their continuous investment in research and development ensures the introduction of advanced products that meet the evolving needs of consumers and healthcare professionals alike.
The Australian government has implemented several initiatives to enhance the quality and accessibility of medical devices, including infrared thermometers. The Therapeutic Goods Administration (TGA) oversees regulatory frameworks to ensure that all infrared thermometers meet stringent safety and performance standards. Additionally, government programs aimed at improving healthcare infrastructure and promoting digital health solutions signify strong support for the growth of this market. The endorsement of various health awareness campaigns to encourage the adoption of non-contact thermometers has also enhanced market prospects.
Looking ahead, the Australia Infrared Thermometer Market is projected to flourish, supported by ongoing technological innovations and heightened awareness regarding health monitoring. The emergence of smart thermometers equipped with connectivity features and data analytics will likely open new opportunities for growth. Moreover, the increasing application of infrared thermometers in veterinary and industrial settings augments the market's potential. However, potential challenges related to market saturation and global supply chain issues may impact growth trajectories, necessitating strategic planning among key stakeholders.
According to Ravi Bhandari, Research Head, 6Wresearch, multifunctional thermometers are emerging as the fastest-growing segment. Their versatility, allowing users to measure temperature through multiple points—such as the ear and forehead—has made these devices particularly appealing in both medical and home settings. As the demand for non-invasive and quick temperature assessments rises, multifunctional models are becoming essential tools for families and healthcare providers alike.
Within the application segment, the medical field stands out as the most rapidly expanding area. The ongoing focus on health and safety, especially in light of recent global health concerns, has led to an increased reliance on infrared thermometers in hospitals, clinics, and at home for everyday health monitoring. This trend underscores a growing awareness of the importance of timely temperature checks in preventing the spread of illness.
Handheld infrared thermometers are experiencing significant growth in the Australia market. Their portability and ease of use make them ideal for both personal and professional applications, enhancing their adoption in various environments. As businesses and individuals seek reliable solutions for quick temperature readings, handheld models are positioned as frontline tools in the ongoing effort to manage public health.
The report offers a comprehensive study of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Australia Infrared Thermometer Market Overview |
3.1 Australia Infrared Thermometer Market Revenues, 2020-2030F |
3.2 Australia Infrared Thermometer Market Revenue Share, By Measurement Point Types, 2020 & 2030F |
3.3 Australia Infrared Thermometer Market Revenue Share, By Application, 2020 & 2030F |
3.4 Australia Infrared Thermometer Market Revenue Share, By Product Type, 2020 & 2030F |
3.5 Australia Infrared Thermometer Market - Industry Life Cycle |
3.6 Australia Infrared Thermometer Market - Porter’s Five Forces |
4. Australia Infrared Thermometer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Australia Infrared Thermometer Market Trends |
6. Australia Infrared Thermometer Market Overview, by Measurement Point Type |
6.1 Australia Ear Infrared Thermometer Market Revenues, 2020-2030F |
6.2 Australia Forehead Infrared Thermometer Market Revenues, 2020-2030F |
6.3 Australia Multifunctional Infrared Thermometer Market Revenues, 2020-2030F |
7. Australia Infrared Thermometer Market Overview, by Application |
7.1 Australia Infrared Thermometer Market Revenues, By Medical, 2020-2030F |
7.2 Australia Infrared Thermometer Market Revenues, By Veterinary, 2020-2030F |
8. Australia Infrared Thermometer Market Overview, by Product Type |
8.1 Australia Infrared Thermometer Market Revenues, By Handheld Infrared Thermometers, 2020-2030F |
8.2 Australia Infrared Thermometer Market Revenues, By Fixed Infrared Thermometers, 2020-2030F |
9. Australia Infrared Thermometer Market Key Performance Indicators |
10. Australia Infrared Thermometer Market Opportunity Assessment |
10.1 Australia Infrared Thermometer Market Opportunity Assessment, By Measurement Point Types, 2030F |
10.2 Australia Infrared Thermometer Market Opportunity Assessment, By Application, 2030F |
10.3 Australia Infrared Thermometer Market Opportunity Assessment, By Product Type, 2030F |
11. Australia Infrared Thermometer Market Competitive Landscape |
11.1 Australia Infrared Thermometer Market By Companies, 2023 |
11.2 Australia Infrared Thermometer Market Competitive Benchmarking, By Operating Parameters |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |