The global Disposable Medical Device Sensors market was valued at US$ 4407.6 million in 2020 and is expected to reach US$ 6757.9 million by the end of 2027, growing at a CAGR of 5.8% during 2021-2027.
Disposable medical device sensors are portable scanning devices, which are mainly used for patient monitoring and diagnosis of diseases. These sensors are used to measure breathing rates, heart rates, and body temperature. Moreover, disposable medical device sensors play a vital role in the identification of disease causing microbes such as virus, bacteria, and fungi.
In terms of geography, North America dominates the global disposable medical device sensors market. This is due to the improved health care infrastructure and increasing demand for medical sensors in the region. In addition, technological advancements in medical device sensor technology have propelled the growth of the market in North America. The U.S. represents the largest market for disposable medical device sensors in North America, followed by Canada. In Europe, Germany, France, and the U.K. account for a major share of the disposable medical device sensors market. The disposable medical device sensors market in Asia is also expected to witness a high growth rate in the next five years. This is due to the innovative applications of medical device sensors and rising awareness about therapeutic applications of medical sensors in the region. Rising demographics and economies in the developing countries, such as India and China, are expected to lead to the growth of the human disposable medical device sensors market in Asia. Besides, India, China, and Japan, are expected to be the fastest growing markets for disposable medical device sensors in the region.
Global Disposable Medical Device Sensors Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Disposable Medical Device Sensors Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Sensirion, STMicroelectronics, Smiths, Koninklijke Philips, Medtronic, Measurement Specialties, Johnson & Johnson, Jant Pharmacal, Honeywell International, Given Imaging, Gentag, GE Healthcare, Freescale Semiconductor, Analog Devices and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Strip Sensors
- Invasive Sensors
- Ingestible Sensors
- Implantable Sensors
- Wearable Sensors
Segment by Application
- Ambulatory Surgical Centers
- Diagnostic Centers
Table of Content:
1 Disposable Medical Device Sensors Market Overview
2 Disposable Medical Device Sensors Market Competition by Manufacturers
3 Disposable Medical Device Sensors Retrospective Market Scenario by Region
4 Global Disposable Medical Device Sensors Historic Market Analysis by Type
5 Global Disposable Medical Device Sensors Historic Market Analysis by Application
6 Key Companies Profiled
7 Disposable Medical Device Sensors Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Disposable Medical Device Sensors Market Dynamics
10 Global Disposable Medical Device Sensors Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.