Disposable Medical Sensors Market Size is Expected To Reach at US$ 12.9 Billion by 2027, Globally Growth Rate (CAGR) 10.0%
IMARC Group has recently released a new research study titled "Disposable Medical Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global disposable medical sensors market size reached US$ 7.31 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.9 Billion by 2027, exhibiting a CAGR of 10.0% during the forecast period (2022-2027).
Disposable medical sensors are hand-held, single-use portable scanning devices employed for therapeutic applications, diagnosing, and monitoring patients. Some commonly used disposable medical sensors are accelerometers, pressure, image, temperature, and biosensors, which are placed on wearable, implantable, strips, invasive and ingestible sensors. They are convenient and economical, prevent infections, and continuously detect, and transmit information regarding vital signs, such as blood pressure, oxygen levels, heart rate, pulse rate, and temperature, in the form of electrical signals. Nowadays, disposable medical sensors are widely adopted in several neurological, cardiological, radiological, ophthalmological, and urological procedures.
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Disposable Medical Sensors Market Trends and Drivers:
The market is primarily driven by rising awareness regarding health data tracking sensors, low-cost medical devices, and the adoption of disposable medical sensors due to their cost-effectiveness and convenience while offering prompt and accurate results. In addition, the increasing incidences of chronic medical ailments, such as cancer, chronic obstructive pulmonary disease (COPD), stroke, diabetes, and asthma, are contributing to market growth.
Moreover, various technological advancements, such as the introduction of carbon nanotube-based biosensors used for the detection of E. coli and pathogens, represent another major growth-inducing factor. Besides this, the growing prevalence of hospital-acquired infections (HAIs), which can be prevented by using single-patient disposable medical sensors, is providing a positive thrust to the market growth.
Furthermore, the rising disposable incomes, the extensive improvements in healthcare infrastructure, and the widespread adoption of at-home and point-of-care (PoC) diagnostic devices for monitoring post-operative rehabilitation are also creating a favorable market outlook.
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Global Disposable Medical Sensors Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Abbott Laboratories, Amphenol Corporation, Conmed Corporation, Gentag Inc., Honeywell International Inc., nuova Personaldienstleistung GmbH, Omnivision Technologies Inc., Sensirion Holding AG, Smiths Group plc, Starboard Medical Inc., TE Connectivity Ltd. and Vital Connect Inc.
The report has segmented the market on the basis of region, product type, placement type, application and end user.
Breakup by Product Type:
• Biosensors
• Temperature Sensors
• Pressure Sensors
• Image sensors
• Accelerometers and Patient Position Sensors
• Others
Breakup by Placement Type:
• Wearable Sensors
• Implantable Sensors
• Ingestible Sensors
• Invasive Sensors
• Strip Sensors
Breakup by Application:
• Patient Monitoring
o Continuous Blood Pressure Monitoring
o Implantable Loop Recorder
o Cardiac Monitoring Electrode
o Pulse Oximeter
o Smart Pill
o Continuous Blood Glucose Monitoring (CGM)
o Others
• Diagnostics
o Capsule Endoscopes
o HIV Test Strip Sensors
o Pregnancy Test Strip Sensors
o Drug and Alcohol Test Strip Sensors
o Blood Glucose Test Strip Sensors
• Therapeutics
o Insulin Pump Sensors
o Cardiac Therapeutic Electrode Sensors
o Cardiac Catheter Sensors
Breakup by End User:
• Hospitals
• Home Care
• Clinics
• Diagnostic Laboratories
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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