0
2017
Disposable Medical Sensors Market

Disposable Medical Sensors Market

by Product Type [Biosensors, Temperature Sensors, Pressure Sensors, Image Sensors, Accelerometers/Patient Position Sensors, Others], Placement Type [Wearable Sensors, Implantable Sensors, Ingestible Sensors, Invasive Sensors, Strip Sensors], Application [Patient Monitoring, Diagnostics, Therapeutics], and End User [Hospitals, Home Care, Diagnostic Laboratories, and Clinics] - Global Opportunity Analysis and Industry Forecast, 2017-2023
Update Available On-Demand

Report Code: A01968
Pages: 190
May 2017 | 14054 Views
Author(s) : Garima Chandra & Divya Srivastava
Tables: 98
Charts: 66
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Disposable Medical Sensors Market

Request Now !

Disposable Medical Sensors Market Overview:

The Global Disposable Medical Sensors Market was valued at $4,823 million in 2016, and is expected to reach at $9,700 million by 2023, registering a CAGR of 10.2% from 2017 to 2023. Disposable medical sensors are used in healthcare sector as pressure detectors, temperature sensors, image sensors, and others. These sensors aid in accurate monitoring, treatment, and diagnosis of a disease. Furthermore, they sensors play a significant role in making a medical device more safe and effective, while simplifying their operation.

The advent of disposable sensors and biosensors has played a vital role in the evolution of sensors in healthcare. Hence, the disposable medical sensors are a preferred option among patients and healthcare professionals for easy detection of diseases. In this regard, many key players develop and commercialize novel sensors. For instance, in September 2016, Abbott received approval for its FreeStyle Libre Pro system, a continuous glucose monitoring (CGM) system.

Disposable Medical Sensors Market

The global disposable medical sensors market is segmented based on product type, placement type, application, and end user. Based on product type the market is segmented into biosensor, temperature sensor, pressure sensor, humidity sensor, force sensor, image sensor, and others. By placement type, the market is divided into wearable sensors, invasive sensors, implantable sensors, ingestible sensors, and strip sensors. Based on application, the market is categorized into patient monitoring, diagnostics, and therapeutics.

Patient monitoring is further segmented into continuous blood pressure monitoring, implantable loop recorder, cardiac monitoring electrode, pulse oximeters, smart pills, continuous blood glucose monitoring (CGM), and others. Diagnostics application is further classified to capsule endoscopes, HIV test strip sensors, pregnancy test strip sensors, drug and alcohol test strip sensors, and blood glucose test strip sensors. The therapeutics application is segmented into insulin pump sensors, cardiac therapeutic electrode sensors, and cardiac catheter sensors. Based on end user, the market is divided into hospitals, clinics, diagnostic laboratories, and home care. Among product type, biosensor segment occupied dominant share of three sevenths of the total market in 2016, and is expected maintain this trend during the forecast period, owing to its high adoption globally. In the placement type segment, the ingestible sensor is expected to grow with highest CAGR of 11.0% during the forecast period.

Global Disposable Medical Sensors Market Segmentation

Global Disposable Medical Sensors Market Segmentation

Drivers, Restraints, and Opportunities

Factors that accelerate the demand of disposable medical sensors are rise in adoption of biosensors, technological advancements in sensors such as capsule endoscopes and ultrasonic imaging systems, and introduction of implantable sensors for preclinical drug research. However, factors such as inadequate reimbursement policies hamper the market growth. The growth in prevalence of diabetes is anticipated to provide lucrative growth opportunities for the disposable medical sensors market growth.

Impact Analysis: Drivers & Restraints

Impact Analysis: Drivers & Restraints

Global Disposable Medical Sensors Market: Key Product Segment

The biosensor segment accounted for a significant share in the global disposable medical sensors market, and this trend is expected to continue during the forecast period.

Disposable Medical Sensors Market, by Indication, 2016 (%)

Disposable Medical Sensors Market, By Indication, 2016 (%)

India Disposable Medical Sensors Market

The rise in adoption of modern and novel sensor drives the disposable medical sensors market growth in India. Moreover, increase in number of players in the country and expansion of medical electronics sector further fuels the market growth. In addition, robust government initiative toward improvement of healthcare facilities through insurance schemes is anticipated to provide lucrative growth opportunities in the country. The market in India is expected to exhibit the highest CAGR of 12.1% from 2017 to 2023.

India Disposable Medical Sensors Market, 2016-2023 ($Million)

India Disposable Medical Sensors Market, 20162023 ($Million)

The key players in the global disposable medical sensors market include Philips Healthcare, Sensirion AG Medtronic plc, Honeywell International, Inc., Smiths Group plc (Smiths Medical), STMicroelectronics, Omnivision Technologies, Inc., TE Connectivity (TE), First Sensor, and Ambu A/S. The other prominent players in the value chain include MEMSIC, Inc., Universal Biosensors, Inc., Biosensors International Group, and GeekWire, LLC.

Key Benefits

  • The study provides an in-depth analysis of the global disposable medical sensors market, with current trends and future estimations to elucidate the imminent investment pockets.
  • A quantitative analysis from 2016 to 2023 is discussed to enable the stakeholders to capitalize on the prevailing market opportunities.
  • Key market players are profiled and their strategies are analyzed thoroughly, which help understand the competitive outlook of the market.
  • Porters Five Forces model is expected to interpret the bargaining power of suppliers & buyers, threat of new entrants & substitutes, and competition among the key players.

Disposable Medical Sensors Market Key Segments:

By Product Type

  • Biosensors
  • Temperature Sensors
  • Pressure sensors
  • Image sensors
  • Accelerometers/Patient Position Sensors
  • Others

By Placement Type

  • Wearable Sensors
  • Implantable Sensors
  • Ingestible Sensors
  • Invasive Sensors
  • Strip Sensors

By Application

  • Patient Monitoring
    • Continuous Blood Pressure Monitoring
    • Implantable Loop Recorder
    • Cardiac Monitoring Electrode
    • Pulse Oximeter
    • Smart Pill
    • Continuous Blood Glucose Monitoring (CGM)
    • Others
  • Diagnostics
    • Capsule Endoscopes
    • HIV Test Strip Sensors
    • Pregnancy Test Strip Sensors
    • Drug and Alcohol Test Strip Sensors
    • Blood Glucose Test Strip Sensors
  • Therapeutics
    • Insulin Pump Sensors
    • Cardiac Therapeutic Electrode Sensors
    • Cardiac Catheter Sensors

By End User

  • Hospitals
  • Home Care
  • Diagnostic Laboratories
  • Clinics

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • Thailand
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Turkey
    • Saudi Arabia
    • Republic of South Africa
    • Rest of LAMEA
 

Loading Table Of Content...


 
 

In current scenario, the pace of change in medical sensor technology is on an increase at an exponential rate. This is because key players of the disposable medical sensor market continuously invest in the R&D of disposable medical sensors. Moreover, the rise in adoption of biosensor technology is emerging in healthcare space. This has led to the development of point-of-care biosensors for drug monitoring. In addition, the introduction of implantable sensors has led to the evolution of preclinical drug research on animals.

Emerging powerful and cost-effective disposable sensors drive the disposable medical sensor market. Over the years, the market has witnessed tremendous development in the sensor-based devices. These devices have evolved in terms of both performance and characteristics. Furthermore, advent of microsystem technologies such as MEMS, SI-based sensors, has revolutionized the medical and pharmaceutical electronics sector. Hence, now various effective sensors with greater accuracy, advanced control, and low power consumption are easily available.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Free Sample

OR

Purchase Full Report of
Disposable Medical Sensors Market

Start reading instantly.
This Report and over 18,833+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,565
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (May 2018 - May 2019)
  • Data Pack
  • $3,961
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2018 - May 2019)
  • Single User
  • $5,540
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2018 - May 2019)
  • Five Users
  • $6,654
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2018 - May 2019)
  • Enterprise
    License/PDF

  • $10,280
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2018 - May 2019)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers