The 2023 data indicate that Germany leads with a significant share (59.83%), followed by Estonia (12.21%), the United Kingdom (10.93%), and Sweden (9.8%). France (4.66%) and Denmark (2.41%) hold smaller shares. Notably, Estonia showed the highest year-on-year growth (6.22%), while Denmark experienced a decrease (-6.95%). Over a five-year period, Germany, Estonia, and the United Kingdom showed stable growth patterns, whereas countries like Italy and Denmark saw declines.
Going forward, the market for electronic thermometers and pyrometers in Europe may see increased demand driven by advancements in technology and more stringent healthcare protocols. Watch for potential market shifts due to economic changes, regulatory impacts, and technological innovations, particularly in Germany and Estonia, as they continue to hold major shares in the market. Emerging markets in the EU, including Eastern European countries, could see more significant growth with appropriate investments and regulatory support.
Top countries in Sold Production of Electronic Thermometers and Pyrometers Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 59.83 | 2023 | +2.3% | +1.97% | View data |
| 2 | 2 Estonia | 12.21 | 2023 | +3.69% | +6.22% | View data |
| 3 | 3 United Kingdom | 10.93 | 2023 | +0.48% | +0.13% | View data |
| 4 | 4 Sweden | 9.8 | 2021 | +12.61% | -3.13% | View data |
| 5 | 5 France | 4.66 | 2023 | -2.87% | +4.9% | View data |
| 6 | 6 Denmark | 2.41 | 2023 | +1.88% | -6.95% | View data |
| 7 | 7 Spain | 1.74 | 2023 | +5.7% | -0.042% | View data |
| 8 | 8 Czechia | 1.46 | 2023 | |||
| 9 | 9 Italy | 0.92 | 2023 | -1.43% | -5.84% | View data |
| 10 | 10 Poland | 0.81 | 2023 | +4.57% | +5.23% | View data |
