Disposable Medical Sensors Market Size, Market Share, Application
Analysis, Regional Outlook, Growth Trends, Key Players, Competitive
Strategies and Forecasts, 2018 To 2026” report has been added
to ResearchAndMarkets.com’s offering.
The disposable medical sensors market was valued at US$ 4,461.8 Mn in
2017 and expected to reach US$ 8,118.7 Mn by 2026, expanding at a CAGR
of 6.81 % from 2018 to 2026.
Low cost and reduced sanitization risks associated with disposable
medical sensors in comparison to reusable medical sensors has
contributed to the increased adoption of disposable medical sensors
during the forecast period from 2016 to 2026. Increased prevalence of
chronic diseases such as diabetes, cancer, and autoimmune diseases
predominantly drive this market.
For instance, the soaring consumer adoption of continuous glucose
monitoring devices wherein disposable medical sensors are utilized.
Additionally, rise in adoption and awareness related to availability of
low cost disposable medical sensors among consumers and increased R&D
activities have catalyzed the growth of this market.
The advent of newer technologies such as
Micro-Electro-Mechanical-Systems (MEMS) and Complementary
Metal-Oxide-Semiconductor (CMOS) has contributed to the growth of image
sensors making it the fastest growing segment attaining maximum CAGR
during the forecast period from 2018 to 2026.
Among various sensors available namely biosensors, pressure,
accelerometer, temperature, image and flow sensors, biosensors maintain
supremacy and expected grabbing largest market share during the period
from 2016 to 2026. Biosensors finds wide application in diagnostic and
patient monitoring devices. The advent of glucose testing & monitoring
devices and other newer technologies has propelled the growth of
disposable biosensors. For instance, the emergence of wireless
biosensors by Philips Healthcare has gained major market attraction
amongst hospitals and outpatient settings. This wireless biosensor helps
in monitoring patient’s vital signs and motility changes.
North America expected to maintain supremacy in the global disposable
medical sensors market during the period from 2016 to 2026. Availability
& accessibility of newer disposable medical sensors, increased
prevalence of chronic diseases, presence of major industrial players and
increased disposable income amongst people drives the North America
disposable medical sensors market.
Government initiatives and increased awareness of the availability of
newer advanced medical devices drive the growth of disposable medical
sensors in low and middle-income economies. Presence of market players
namely, Medtronic International Ltd., GE Healthcare Ltd., Sensirion AG
and many more further catalyzes the market growth in Asia Pacific.
Disposable medical sensors market reaches out across geographies
rendering the market highly competitive. Partnerships and acquisitions
by major player’s increases market threats for emerging players with
respect to long-term existence. However, funding by leading players to
smaller firms could create opportunities for market penetration and
Key Market Movements:
Key Topics Covered:
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Global Disposable Medical Sensors Market: Dynamics and Future
Chapter 4. Global Disposable Medical Sensors Market Analysis, by Sensor
Type, 2016-2026 (US$ Mn)
Chapter 5. Global Disposable Medical Sensors Market Analysis, by
Technology, 2016-2026 (US$ Mn)
Chapter 6. Global Disposable Medical Sensors Market Analysis, by
Application, 2016-2026 (US$ Mn)
Chapter 7. Global Disposable Medical Sensors Market Analysis, by
Geography, 2016-2026 (US$ Mn)
Chapter 8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/9frf9x/global_disposable?w=4
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