Latin America Mercury Thermometer Market Size & Outlook

The mercury thermometer market in Latin America is expected to reach a projected revenue of US$ 30.8 million by 2030. A compound annual growth rate of 1.2% is expected of Latin America mercury thermometer market from 2024 to 2030.
Revenue, 2023 (US$M)
$28.2
Forecast, 2030 (US$M)
$30.8
CAGR, 2024 - 2030
1.3%
Report Coverage
Latin America

Latin America mercury thermometer market highlights

  • The Latin America mercury thermometer market generated a revenue of USD 28.2 million in 2023.
  • The market is expected to grow at a CAGR of 1.2% from 2024 to 2030.
  • In terms of segment, medical was the largest revenue generating application in 2023.
  • Industrial is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 28.2 million
Market revenue in 2030USD 30.8 million
Growth rate1.2% (CAGR from 2023 to 2030)
Largest segmentMedical
Fastest growing segmentIndustrial
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMedical, Industrial, Food, Laboratory
Key market players worldwideMedline Industries, 3M Co, Welch Allyn, Thermo Fisher Scientific Inc, Medtronic PLC, Terumo Corp, Geratherm Medical AG, Heathrow Scientific, DWK Life Sciences, Microlife Corp


Other key industry trends

  • In terms of revenue, Latin America region accounted for 5.6% of the global mercury thermometer market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • North America is the fastest growing regional market and is projected to reach USD 201.3 million by 2030.

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Mercury Thermometer Market Companies

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Latin America mercury thermometer market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mercury thermometer market will help companies and investors design strategic landscapes.


Medical was the largest segment with a revenue share of 28.01% in 2023. Horizon Databook has segmented the Latin America mercury thermometer market based on medical, industrial, food, laboratory covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America mercury thermometer market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America mercury thermometer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America mercury thermometer market size, by country, 2018-2030 (US$M)

Latin America Mercury Thermometer Market Outlook Share, 2023 & 2030 (US$M)

Latin America mercury thermometer market size, by country, 2018-2030 (US$M)

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