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: ETC4435646 | Publication Date: Jul 2023 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Thailand Infrared Thermometer market currently, in 2024, has witnessed an HHI of 2205, Which has decreased slightly as compared to the HHI of 3109 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Thailand Infrared Thermometer Market |
Forecast period | 2024-2030 |
CAGR | 8.5% |
Growing Sector | Healthcare |
The Thailand 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 Thailand Infrared Thermometer Market is experiencing rapid growth due to increasing health awareness and the demand for efficient temperature measuring solutions in both medical and non-medical sectors. The market is significantly driven by the demand for non-contact thermometers, which became popular during the COVID-19 pandemic. The integration of smart technologies and the pursuit of more accurate measurement devices continue to fuel market expansion. However, challenges such as product quality disparities and regulatory compliance remain pivotal in shaping market dynamics in Thailand.
According to 6Wresearch, the Thailand Infrared Thermometer Market size is expected to grow at a significant CAGR of 8.5% during the forecast period 2024-2030. Key drivers for the Thailand Infrared Thermometer Market include advancements in technology that enhance precision and ease of use. The rising focus on disease prevention and hygiene awareness, especially post-pandemic, has increased the acceptance of non-contact thermometers among consumers and healthcare providers. Additionally, regulatory mandates for temperature screening in public areas, along with the growing integration of telemedicine, further augment market demand.
Despite the growth potential, the Thailand Infrared Thermometer Market faces challenges related to the reliability of various products in the market. Variability in calibration and performance among brands can lead to mistrust among consumers. Furthermore, the high acquisition cost of quality infrared thermometers limits accessibility for smaller health institutions and households. The need for consistent regulatory standards around thermal imaging technology also poses hurdles in maintaining quality and safety.
Key companies leading the Thailand Infrared Thermometer Market include Omron Healthcare, Braun, Fluke Corporation, and local manufacturers like iHealth Labs. These players contribute significantly by offering a wide range of reliable and precise infrared thermometer products tailored to meet the needs of different consumer segments. Their dedication to innovation and adherence to quality standards enhances their market positions.
The Thai government has introduced several initiatives to promote public health and the use of infrared thermometers, particularly during health crises. Programs such as the Ministry of Public Health's guidelines for health monitoring in public places encourage the procurement and use of non-contact thermometers. Additionally, government efforts to boost healthcare infrastructure and funding for health innovations support market growth by ensuring affordable access to quality measuring devices.
The outlook for the Thailand Infrared Thermometer Market appears promising, with various growth opportunities anticipated in the coming years. Innovations in sensor technology and the integration of AI into thermometers are set to enhance user experience and measurement accuracy. The continued emphasis on preventive healthcare and the rising trend of home health monitoring are likely to sustain long-term demand. However, addressing quality assurance issues and fostering consumer trust will be crucial for market stability.
According to Ravi Bhandari, Research Head, 6Wresearch, among the measurement point types in the Thailand Infrared Thermometer Market, the forehead thermometers are experiencing the most significant growth. The demand for forehead measurement devices is largely driven by their non-invasive nature and quick reading capabilities, making them ideal for both personal and public health screenings, especially in response to infectious disease outbreaks. Additionally, the rising preference for convenient and hygiene-friendly solutions is contributing to their increasing adoption in households and medical facilities alike.
In terms of applications, the medical sector holds the fastest-growing segment within the Thailand Infrared Thermometer Market. The heightened awareness surrounding health monitoring and preventive care, particularly following the COVID-19 pandemic, has spurred demand for thermometers in hospitals, clinics, and home care settings. This growth is further supported by the ongoing efforts of healthcare providers to incorporate advanced temperature monitoring solutions into patient care protocols.
Within the product types, handheld infrared thermometers are witnessing rapid growth in the Thailand Infrared Thermometer Market. Their portability, ease of use, and immediate results make them particularly appealing for both individual consumers and healthcare professionals conducting on-the-spot temperature assessments. The versatility of handheld devices in various environments, from homes to crowded public spaces, plays a critical role in their increasing preference.
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. Thailand Infrared Thermometer Market Overview |
3.1 Thailand Infrared Thermometer Market Revenues, 2020-2030F |
3.2 Thailand Infrared Thermometer Market Revenue Share, By Measurement Point Types, 2020 & 2030F |
3.3 Thailand Infrared Thermometer Market Revenue Share, By Application, 2020 & 2030F |
3.4 Thailand Infrared Thermometer Market Revenue Share, By Product Type, 2020 & 2030F |
3.5 Thailand Infrared Thermometer Market - Industry Life Cycle |
3.6 Thailand Infrared Thermometer Market - Porter’s Five Forces |
4. Thailand Infrared Thermometer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Thailand Infrared Thermometer Market Trends |
6. Thailand Infrared Thermometer Market Overview, by Measurement Point Type |
6.1 Thailand Ear Infrared Thermometer Market Revenues, 2020-2030F |
6.2 Thailand Forehead Infrared Thermometer Market Revenues, 2020-2030F |
6.3 Germany Multifunctional Infrared Thermometer Market Revenues, 2020-2030F |
7. Thailand Infrared Thermometer Market Overview, by Application |
7.1 Thailand Infrared Thermometer Market Revenues, By Medical, 2020-2030F |
7.2 Thailand Infrared Thermometer Market Revenues, By Veterinary, 2020-2030F |
8. Thailand Infrared Thermometer Market Overview, by Product Type |
8.1 Thailand Infrared Thermometer Market Revenues, By Handheld Infrared Thermometers, 2020-2030F |
8.2 Thailand Infrared Thermometer Market Revenues, By Fixed Infrared Thermometers, 2020-2030F |
9. Thailand Infrared Thermometer Market Key Performance Indicators |
10. Thailand Infrared Thermometer Market Opportunity Assessment |
10.1 Thailand Infrared Thermometer Market Opportunity Assessment, By Measurement Point Types, 2030F |
10.2 Thailand Infrared Thermometer Market Opportunity Assessment, By Application, 2030F |
10.3 Thailand Infrared Thermometer Market Opportunity Assessment, By Product Type, 2030F |
11. Thailand Infrared Thermometer Market Competitive Landscape |
11.1 Thailand Infrared Thermometer Market By Companies, 2023 |
11.2 Thailand Infrared Thermometer Market Competitive Benchmarking, By Operating Parameters |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |