A research study titled, “Disposable Medical Device Sensors Market by product, technology, and application – global industry analysis and forecast to 2025” published by crystal market research.
Disposable medical device sensors are emerging as powerful, cost-effective tools for diagnosing diseases, monitoring vital human parameters, and for various therapeutic applications. Over the years, sensor-based devices have evolved in terms of characteristics, performance, and features due to the continuous improvements in sophistication of electronics in medical and pharmaceutical applications.
Industry Outlook and Trend Analysis
The disposable medical device sensors market is expected to be around $8 billion by 2025. These devices are used for monitoring basic vital signs such as heart rate, blood oxygen levels, breathing rate, and temperature. Rising demand for sensors in homecare settings as well as in clinics for diagnostic and monitoring purposes is expected to drive this market over the forecast period. With the introduction of technologically advanced monitoring devices (such as cancer tracking sensors), the market is expected to exhibit robust growth over the forecast period. Additionally, the demand for miniature disposable medical sensors is also on a rise, as these sensors can be easily accommodated in portable and handheld devices. However, stringent regulatory approval procedures can hinder the growth of this market.
Research Report Description with Detailed TOC of Disposable Medical Device Sensors Market @:
Some of the key players in the global market are Honeywell International, Inc., STMicroelectronics, Covidien Plc., and Given Imaging, Inc., Freescale Semiconductor, Inc., Medtronic, Philips Healthcare, Smiths Medical, Sensirion AG and Measurement Specialties.
North America held a major share of the global market in 2016, due to high technological competencies of the healthcare industry in the region along with increasing demand for medical sensors. Europe is expected to be the second largest market for global disposable medical device sensors during the forecast period, due to the high usage of patient monitoring and diagnostic sensor devices in the region.
Asia-Pacific market will grow at the highest CAGR during the forecast period owing to increased healthcare expenditure and rising demand for home healthcare biosensors. Also, research and development initiatives by private institutions will further accelerate the growth of this market. For instance, in April 2016, scientists at the Tokyo University in Japan developed an ultrathin, flexible e-skin sensor which can display blood oxygen level on an OLED display.
Market Segmentation- Disposable Medical Device Sensors Market
Disposable Medical Device Sensors Market, By Product, Estimates and Forecast, 2016-2025 ($Million)
Disposable Medical Device Sensors Market, By Technology, Estimates and Forecast, 2016-2025 ($Million)
Disposable Medical Device Sensors Market, By Application, Estimates and Forecast, 2016-2025 ($Million)
Disposable Medical Device Sensors Market, By Region, Estimates and Forecast, 2016-2025 ($Million)
Rest of Europe
Rest of Asia Pacific
Rest of the World
United Arab Emirates
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Application Outlook and Trend Analysis
Diagnostic segment dominated the overall market in 2016, due to rising need for frequent monitoring in cases of geriatric population suffering from chronic diseases such as cancer and cardiovascular diseases. Patient monitoring segment is expected to achieve a fastest growth rate during the forecast period due to increasing demand for portable medical devices to be used in homecare settings.
Technology Outlook and Trend Analysis
Biosensors segment held a major share of the global market in 2016. This large share can be attributed to the various applications of biosensors in drug development, study of biomolecules and their interactions and medical diagnosis. Image sensors segment is projected to witness robust growth over the forecast period, due to the rising demand for CMOS image sensors and optical fiber technology.
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Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
4. Market Analysis by Regions
….CONTINUED FOR TOC
List of Tables
Table 1.Global Disposable Medical Device Sensors Market, By Product ($Million), 2016-2025
Table 2.Wearable sensorsMarket, By Region ($Million), 2016-2025
Table 3.Implantable sensorsMarket, By Region ($Million), 2016-2025
Table 4.Invasive sensors Market, By Application ($Million), 2016-2025
Table 5.Ingestible sensors Market, By Region ($Million), 2016-2025
Table 6.Strip sensors Market, By Region ($Million), 2016-2025
Table 7.Disposable Medical Device Sensors Market, By Technology ($Million), 2016-2025
Table 8.Temperature sensors Market, By Region ($Million), 2016-2025
Table 9.Pressure sensors Market, By Region ($Million), 2016-2025
Table 10.Image sensors Market, By Region ($Million), 2016-2025
Table 11.Biosensors Market, By Region ($Million), 2016-2025
About Crystal Market Research:
Crystal Offers One Stop Solution For Market Research, Business Intelligence, And Consulting Services To Help Clients Make More Informed Decisions. It Provides Both Syndicated As Well As Customized Research Studies For Its Customers Spread Across The Globe. The Company Offers Market Intelligence Reports Across A Broad Range Of Industries Including Healthcare, Chemicals & Materials, Technology, Automotive, And Energy.
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