ICT & Electronics Global Smart Thermometer Market Outlook Industry | Page 2

Increasing Prevalence Of Chronic Diseases
Along
With
Growing
Healthcare
Infrastructure Is Anticipated To Flourish The
Growth Of Smart Thermometer Market In
Near Future
“Smart
Thermometer
Market:
Global
Demand
Analysis & Opportunity Outlook 2024”
The global smart thermometer market is segmented into usage such as medical,
food industry, industrial, laboratory and others. Among these segments, medical
segment is expected to occupy the top position in the market. Additionally, the
growth of this segment is attributed to growing adoption of innovative healthcare
products for accurate measurements. In addition to this, industrial segment is
believed to expand at a remarkable pace over the forecast period i.e. 2017-2024
owing to high demand for temperature measurement devices. Likely, industries
require specific temperature maintenance during the process of product
development which is also fostering the demand of smart thermometer.
Global smart thermometer market is expected to register a noteworthy CAGR
over the forecast period. Moreover, the global smart thermometer market is
projected to gain substantial revenue during the forecast period i.e. 2017-2024.
The market for smart thermometer is expanding on the back of rising number of
medical conditions which requires accurate measurement.
In terms of regional platform, North America grabbed the largest market of smart
thermometer in terms of revenue in 2016. Further, U.S. is the biggest contributor
in the market of smart thermometer in this region owing to increasing