Market Forecast By Product (Mercury-Based, Mercury-Free, Others), By Application (Medical, Industrial, Food, Laboratory, Others) And Competitive Landscape
Product Code: ETC024596 | Publication Date: Oct 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Nepal Thermometers market is expected to gain momentum during the upcoming period. Nepal is a landlocked country in South Asia, bordered by India to the south and west, China to the north, and Bhutan to the east. It has a population of approximately 27 million people. Nepal is mountainous, with eight of the world's ten tallest mountains, including Mount Everest, the highest point on Earth.
According to 6Wresearch, the Nepal Thermometers Market is expected to grow during 2022-2028. The Nepalese government has identified the thermometer market as a potential area for growth. In 2015, the government launched a program to promote the use of thermometers in Nepal. The program includes providing training to doctors and nurses on how to use thermometers, as well as distributing thermometers to health facilities across the country. Nepal has a continental climate, with four distinct seasons: spring, summer, autumn, and winter. The average temperatures range from 20°C (68°F) in the spring and summer to 10°C (50°F) in the autumn and winter.
The majority of thermometers are mercury-based, although digital thermometers are becoming increasingly popular. There is a growing demand for thermometers in Nepal,
The market is driven by the factors such as easy availability of low cost labour and raw materials, government initiatives to develop the healthcare infrastructure and growing medical tourism.
Some of the key trends and developments in the market are:
However, the lack of skilled personnel and the high cost of thermometers are some of the factors restraining the market growth.
The emergence of new technology is having a significant impact on the thermometers market in Nepal. One of the most important changes is the introduction of digital thermometers. Digital thermometers are more accurate than traditional analog thermometers, and they are also easier to use. This is making them increasingly popular with consumers.
Another change that is taking place is the increasing use of infrared thermometers. Infrared thermometers are used to measure the temperature of an object without having to come into contact with it. This makes them ideal for measuring the temperature of a person without having to touch them. This is especially important in the current climate, as it can help to prevent the spread of disease.
Overall, the emergence of new technology is having a major impact on the thermometers market in Nepal. Digital and infrared thermometers are becoming increasingly popular, due to their accuracy and ease of use. This is likely to continue in the future, as new technologies are developed.
The major players in the market are Honeywell International, Ltd., Johnson & Johnson, 3M Company, Braeburn Pharmaceuticals, Inc., Welch Allyn, Inc., and Omron Healthcare, Inc. These players have adopted various strategies to gain a competitive edge in the market.
The Nepal thermometers market is highly competitive due to the presence of a large number of players. Key players are focused on introducing new products and expanding their geographical presence to gain a competitive edge in the market.
The outburst of the pandemic has boosted the demand for healthcare equipment. The rising fear among people due to the spread of deadly virus has surged the demand for thermometers. Moreover, rising occupancy of patients in hospital is driving the demand for thermometers at home. The temperature was being monitored continuously in order to avoid the emergency situation.
In terms of product, digital thermometers held the largest market share and are expected to witness the highest CAGR over the forecast period. The growing preference for digital thermometers can be attributed to their accuracy and easy to use features.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nepal Thermometers Market Overview |
3.1 Nepal Country Macro Economic Indicators |
3.2 Nepal Thermometers Market Revenues & Volume, 2021 & 2028F |
3.3 Nepal Thermometers Market - Industry Life Cycle |
3.4 Nepal Thermometers Market - Porter's Five Forces |
3.5 Nepal Thermometers Market Revenues & Volume Share, By Product, 2021 & 2028F |
3.6 Nepal Thermometers Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 Nepal Thermometers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nepal Thermometers Market Trends |
6 Nepal Thermometers Market, By Types |
6.1 Nepal Thermometers Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Nepal Thermometers Market Revenues & Volume, By Product, 2018 - 2028F |
6.1.3 Nepal Thermometers Market Revenues & Volume, By Mercury-Based, 2018 - 2028F |
6.1.4 Nepal Thermometers Market Revenues & Volume, By Mercury-Free, 2018 - 2028F |
6.1.5 Nepal Thermometers Market Revenues & Volume, By Others, 2018 - 2028F |
6.2 Nepal Thermometers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nepal Thermometers Market Revenues & Volume, By Medical, 2018 - 2028F |
6.2.3 Nepal Thermometers Market Revenues & Volume, By Industrial, 2018 - 2028F |
6.2.4 Nepal Thermometers Market Revenues & Volume, By Food, 2018 - 2028F |
6.2.5 Nepal Thermometers Market Revenues & Volume, By Laboratory, 2018 - 2028F |
6.2.6 Nepal Thermometers Market Revenues & Volume, By Others, 2018 - 2028F |
7 Nepal Thermometers Market Import-Export Trade Statistics |
7.1 Nepal Thermometers Market Export to Major Countries |
7.2 Nepal Thermometers Market Imports from Major Countries |
8 Nepal Thermometers Market Key Performance Indicators |
9 Nepal Thermometers Market - Opportunity Assessment |
9.1 Nepal Thermometers Market Opportunity Assessment, By Product, 2021 & 2028F |
9.2 Nepal Thermometers Market Opportunity Assessment, By Application, 2021 & 2028F |
10 Nepal Thermometers Market - Competitive Landscape |
10.1 Nepal Thermometers Market Revenue Share, By Companies, 2021 |
10.2 Nepal Thermometers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |