The import of thermometers, except liquid-filled, into India is projected to steadily increase from 2024 to 2028, with forecasted values rising from 19.014 million in 2024 to 22.518 million by 2028. This marks a consistent upward trajectory with a positive year-on-year variation. In 2023, the import value stood at a lower level, indicating a strong growth trend beginning in 2024.
- Year-on-year growth shows incremental increases, highlighting a stable demand for thermometers other than liquid-filled.
- The compound annual growth rate (CAGR) over this period signifies a modest but reliable expansion in the market.
Future trends to watch include the impact of technological advancements in thermometer design, policy changes affecting import duties, and potential shifts in healthcare infrastructure investment, which may influence future import volumes and market dynamics.
