Global Disposable Medical Sensors Size, Share, Report, Analysis, Trends & Forecast to 2026
According to Stratistics MRC, the Global Disposable medical sensors market is accounted for $6073.62 million in 2017 and is expected to reach $21892.59 million by 2026 growing at a CAGR of 11.7%.
Gaithersburg, Maryland,, US – March 8, 2018 /MarketersMedia/ —
Factors such as increasing number of chronic diseases, growing demand Low-Cost Medical Devices, rising government support in advancing Research & Development activities and technological advancements are favouring the market. However, lack of reimbursement, strict government policies are some of the factors hampering the market. In addition, advantage of using Medical Sensor-Based Devices in Home Care Settings is one of the major opportunities during the forecast period.
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Disposable medical sensors are small scanning devices which are useful in healthcare industry as temperature sensors, pressure detectors and image sensors. These types of sensors are useful in monitoring of patient, treatment of diagnosing diseases and therapeutic processes. Medical sensors are intended to identify and provide information in the form of electrical signals. For example, Abbott Company has received approval for its FreeStyle Libre Pro system, a continuous glucose monitoring (CGM) system.
By product, the demand for biosensors is rising rapidly due to the growing number of infectious diseases, need for point of care testing where biosensors are used. Rising incidence of chronic diseases, demand for invasive diagnostic testing is fuelling the growth of Ingestible sensors. On the other hand, patient monitoring has acquired largest market share as the demand for medical sensors and monitoring devices are growing. Asia Pacific is anticipated to be one of the fastest growing regions for disposable medical sensors owing to the large number of geriatric population, growing healthcare expenditure. North America is dominating the market with innovations of new products and also due to the existence of huge number of industry players in this market.
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Some of the key players in global Disposable medical sensors market include Koninklijke Philips N.V., GE Healthcare, Medtronic Plc, Philips Helathcare, Gentag, Inc, Honeywell International Inc. NXP Semiconductors N.V., Sensirion AG, General Electric Company, Smiths Group plc, TE Connectivity Ltd, STMicroelectronics N.V., Omnivision Technologies, First Sensor and Ambu A/S.
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Sensor Types Covered:
• Accelerometer/Patient Position Sensors
• Biosensors
• Pressure Sensors
• Image Sensors
• Temperature Sensors
• Force Sensors
• Humidity Sensors
• MR Position Sensors
Placement of Sensors Covered:
• Implantable Sensor
• Ingestible Sensors
• Strip Sensors
• Invasive Sensors
• Wearable Sensors
Applications Covered:
• Therapeutic Devices
• Patient Monitoring Devices
• Imaging Devices
• Diagnostic Testing Devices
End Users Covered:
• Home Care
• Clinics
• Hospitals
• Diagnostic Laboratories
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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Source: MarketersMedia
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