[250 Pages Report] The disposable medical sensors market is expected to grow at a CAGR of 8.1% over the forecast period, from USD 6.5 billion in 2021 to USD 15.31 billion in 2032.
Rising concerns about hospital-acquired infections and contamination, the rising incidence of target conditions, the growing demand for home-based medical care devices, significant technological advancements in the last few years, and government support for R&D activities for these devices are all driving the growth of demand for disposable medical sensors and sales of disposable medical sensors in the disposable medical sensors market.
Players in the disposable medical sensors market could expect development possibilities of sales of disposable medical sensors in growing markets in underdeveloped nations.
| Attributes | Details |
|---|---|
| Disposable Medical Sensors Market (CAGR) | 8.1% |
| Disposable Medical Sensors Market (2021) | US$ 6.5 billion |
| Disposable Medical Sensors Market (2032) | US$ 15.31 billion |
The demand for disposable medical sensors has increased due to the COVID-19 outbreak. This is mostly due to increased infection control measures in hospital settings due to the high virulence of the COVID-19 virus. In addition, people's increased knowledge of simple and quick solutions to obtain speedier test results also contributes to the rising demand for disposable medical sensors.
Consumer preferences and priorities have altered due to the COVID-19 epidemic, with a focus now on the use of technology and contact-free treatment. As a result, consumers are increasingly choosing remote healthcare services from the convenience and security of their own homes.
In addition, researchers throughout the world have been rushing to develop reliable and efficient innovative biosensor-based techniques for the early detection of SARS-CoV-2 during the current pandemic due to the rise in demand for disposable medical sensors.
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The disposable medical sensors market is projected to grow rapidly due to the increasing incidence of chronic diseases such as cancer, acute myocardial infarction, and diabetes mellitus, particularly in the geriatric population and an increasing number of postoperative rehabilitation patients across the globe.
Major drivers for the disposable medical sensors market regarding escalation in sales of disposable medical sensors are technological advancements and increasing innovations in the development of point of care medical sensors for diagnosis and monitoring outside hospitals.
At the same time, increasing the need for remote patient monitoring and demand for disposable medical device sensors such as painless diabetes monitors, wearable wristwatches, etc., are other opportunities to manufacturers. In addition, large numbers of regulatory approvals for biodegradable sensors are booming the disposable medical sensors market.
However, the lack of adequate reimbursement policies for novel technologies and stringent regulatory procedures are the major factors that can hamper theb and the growth of disposable medical sensors over the forecast period.
The United States represents the largest disposable medical sensors market in North America, Canada. Europe is expected to be the second-largest region in the disposable medical sensors market.
Germany, France, and the U.K. are estimated to account for a major share in the Europe disposable medical sensors market share over the forecast period.
The Asia Pacific is anticipated to represent a high growth rate of demand for disposable medical sensors in the next five years.
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By application type, monitoring devices, particularly cardiac pacemakers and blood glucose monitors for the disposable medical sensors market, are the dominant segments across the globe due to high incidences of diabetes and cardiac diseases resulting in skyrocketing demand for disposable medical sensors and the sales of disposable medical sensors.
The diagnostic strips for HIV, pregnancy, blood glucose, and immunological tests are anticipated to hold a high collective share in the disposable medical dical sensors market share.
By end use, the hospitals and home care segments are projected to account for around 50% of the disposable medical sensors market share. The trend is forecast to continue through the forecast period.
By placement of sensors type, wearable sensors and strip sensors are estimated to register above-average CAGR over the forecast period due to its affordable price due to the miniaturization of equipment.
Key players of Disposable Medical Sensors Market are Mayo Clinic and Gentag, Sensirion AG, Measurement Specialities, Smiths Medical, ST Microelectronics, Philips Healthcare, Medtronic, Freescale Semiconductor, Inc., GE Healthcare, Analog Devices, Inc., Given Imaging, Honeywell International, Inc. and Covidien, plc.
For instance, Gentag Company extended the near field communication (NFC) technology to accomplish remote patient monitoring worldwide. In addition, Freescale Semiconductor, Inc is developing lower-cost, semiconductor-based sensors with high sensitivity to increase sales of disposable medical sensors.
The Measurement Specialities is developing customized products to satisfy patient needs and surge disposable medical sensors sales. Analog Devices, Inc. collaborates with customers to accelerate the pace of innovation and produce breakthrough solutions for impossible conditions.
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| Report Attributes | Details |
|---|---|
| Growth rate | CAGR of 8.1% from 2022 to 2030 |
| Base year for estimation | 2021 |
| Historical data | 2015 to 2020 |
| Forecast period | 2022 to 2032 |
| Quantitative units | Revenue in US$ Million, volume in kilotons, and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments covered | Product, type, application, region |
| Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
| Country scope | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa |
| Key companies profiled |
Mayo Clinic and Gentag; Sensirion AG; ;Measurement Specialities; Smiths Medical; ST Microelectronics; Philips Healthcare; Medtronic; Freescale Semiconductor, Inc.; GE Healthcare; Analog Devices, Inc.; Given Imaging; Honeywell International, Inc.; Covidien, plc; |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
Due to its widespread usage, the biosensor sector commanded a leading disposable medical sensors market share of three-sevenths of the entire disposable medical sensors market. This trend is likely to continue during the projection period for the demand for disposable medical sensors and sales of disposable medical sensors.
The ingestible sensor is predicted to expand at the fastest CAGR of 11.0 % in the placement type category, with the high demand for disposable medical sensors during the forecast period.
North America is predicted to lead the demand for disposable medical sensors, accounting for about 40.0% of the disposable medical sensors market.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. Value Chain Analysis 3.5.1. Profit Margin Analysis 3.5.2. Service Providers 3.6. PESTLE and Porter’s Analysis 3.7. Regulatory Landscape 3.7.1. By Key Regions 3.7.2. By Key Countries 3.8. Regional Parent Market Outlook 4. Global Market Analysis 2017-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021 4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Product Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) Analysis By Product Type, 2017-2021 5.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Product Type, 2022-2032 5.3.1. Biosensors 5.3.2. Accelerometers 5.3.3. Image Sensors 5.3.4. Pressure Sensors 5.3.5. Temperature Sensors 5.3.6. MR Position Sensors 5.3.7. Force Sensors 5.3.8. Humidity Sensors 5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017-2021 5.5. Absolute $ Opportunity Analysis By Product Type, 2022-2032 Deep-dive segmentation will be available in the sample on request 6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) Analysis By Application, 2017-2021 6.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Application, 2022-2032 6.3.1. Patient Monitoring 6.3.2. Diagnostics 6.3.3. Therapeutics 6.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021 6.5. Absolute $ Opportunity Analysis By Application, 2022-2032 Deep-dive segmentation will be available in the sample on request 7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Placement Type 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Mn) Analysis By Placement Type, 2017-2021 7.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Placement Type, 2022-2032 7.3.1. Implantable Sensors 7.3.2. Invasive Sensors 7.3.3. Ingestible Sensors 7.3.4. Strip Sensors 7.3.5. Wearable Sensors 7.4. Y-o-Y Growth Trend Analysis By Placement Type, 2017-2021 7.5. Absolute $ Opportunity Analysis By Placement Type, 2022-2032 Deep-dive segmentation will be available in the sample on request 8. Global Market Analysis 2017-2021 and Forecast 2022-2032, By End User 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Mn) Analysis By End User, 2017-2021 8.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By End User, 2022-2032 8.3.1. Hospitals 8.3.2. Home Care 8.3.3. Diagnostic Laboratories 8.3.4. Clinics 8.4. Y-o-Y Growth Trend Analysis By End User, 2017-2021 8.5. Absolute $ Opportunity Analysis By End User, 2022-2032 Deep-dive segmentation will be available in the sample on request 9. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region 9.1. Introduction 9.2. Historical Market Size Value (US$ Mn) Analysis By Region, 2017-2021 9.3. Current Market Size Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 9.3.1. North America 9.3.2. Latin America 9.3.3. Europe 9.3.4. East Asia 9.3.5. South Asia & Pacific 9.3.6. MEA 9.4. Market Attractiveness Analysis By Region 10. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 10.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. U.S. 10.2.1.2. Canada 10.2.2. By Product Type 10.2.3. By Application 10.2.4. By Placement Type 10.2.5. By End User 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Product Type 10.3.3. By Application 10.3.4. By Placement Type 10.3.5. By End User 10.4. Key Takeaways 11. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 11.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. Mexico 11.2.1.2. Brazil 11.2.1.3. Rest of Latin America 11.2.2. By Product Type 11.2.3. By Application 11.2.4. By Placement Type 11.2.5. By End User 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Product Type 11.3.3. By Application 11.3.4. By Placement Type 11.3.5. By End User 11.4. Key Takeaways 12. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country 12.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 12.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. Germany 12.2.1.2. Italy 12.2.1.3. France 12.2.1.4. U.K. 12.2.1.5. Spain 12.2.1.6. BENELUX 12.2.1.7. Russia 12.2.1.8. Rest of Europe 12.2.2. By Product Type 12.2.3. By Application 12.2.4. By Placement Type 12.2.5. By End User 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Product Type 12.3.3. By Application 12.3.4. By Placement Type 12.3.5. By End User 12.4. Key Takeaways 13. East Asia Market Analysis 2017-2021 and Forecast 2022-2032, By Country 13.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 13.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. China 13.2.1.2. Japan 13.2.1.3. South Korea 13.2.2. By Product Type 13.2.3. By Application 13.2.4. By Placement Type 13.2.5. By End User 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Product Type 13.3.3. By Application 13.3.4. By Placement Type 13.3.5. By End User 13.4. Key Takeaways 14. South Asia & Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country 14.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 14.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 14.2.1. By Country 14.2.1.1. India 14.2.1.2. ASEAN 14.2.1.3. Australia and New Zealand 14.2.1.4. Rest of South Asia & Pacific 14.2.2. By Product Type 14.2.3. By Application 14.2.4. By Placement Type 14.2.5. By End User 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Product Type 14.3.3. By Application 14.3.4. By Placement Type 14.3.5. By End User 14.4. Key Takeaways 15. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country 15.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 15.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. Turkey 15.2.1.3. South Africa 15.2.1.4. Rest of MEA 15.2.2. By Product Type 15.2.3. By Application 15.2.4. By Placement Type 15.2.5. By End User 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Product Type 15.3.3. By Application 15.3.4. By Placement Type 15.3.5. By End User 15.4. Key Takeaways 16. Key Countries Market Analysis 16.1. U.S. 16.1.1. Pricing Analysis 16.1.2. Market Share Analysis, 2021 16.1.2.1. By Product Type 16.1.2.2. By Application 16.1.2.3. By Placement Type 16.1.2.4. By End User 16.2. Canada 16.2.1. Pricing Analysis 16.2.2. Market Share Analysis, 2021 16.2.2.1. By Product Type 16.2.2.2. By Application 16.2.2.3. By Placement Type 16.2.2.4. By End User 16.3. Mexico 16.3.1. Pricing Analysis 16.3.2. Market Share Analysis, 2021 16.3.2.1. By Product Type 16.3.2.2. By Application 16.3.2.3. By Placement Type 16.3.2.4. By End User 16.4. Brazil 16.4.1. Pricing Analysis 16.4.2. Market Share Analysis, 2021 16.4.2.1. By Product Type 16.4.2.2. By Application 16.4.2.3. By Placement Type 16.4.2.4. By End User 16.5. Germany 16.5.1. Pricing Analysis 16.5.2. Market Share Analysis, 2021 16.5.2.1. By Product Type 16.5.2.2. By Application 16.5.2.3. By Placement Type 16.5.2.4. By End User 16.6. Italy 16.6.1. Pricing Analysis 16.6.2. Market Share Analysis, 2021 16.6.2.1. By Product Type 16.6.2.2. By Application 16.6.2.3. By Placement Type 16.6.2.4. By End User 16.7. France 16.7.1. Pricing Analysis 16.7.2. Market Share Analysis, 2021 16.7.2.1. By Product Type 16.7.2.2. By Application 16.7.2.3. By Placement Type 16.7.2.4. By End User 16.8. U.K. 16.8.1. Pricing Analysis 16.8.2. Market Share Analysis, 2021 16.8.2.1. By Product Type 16.8.2.2. By Application 16.8.2.3. By Placement Type 16.8.2.4. By End User 16.9. Spain 16.9.1. Pricing Analysis 16.9.2. Market Share Analysis, 2021 16.9.2.1. By Product Type 16.9.2.2. By Application 16.9.2.3. By Placement Type 16.9.2.4. By End User 16.10. BENELUX 16.10.1. Pricing Analysis 16.10.2. Market Share Analysis, 2021 16.10.2.1. By Product Type 16.10.2.2. By Application 16.10.2.3. By Placement Type 16.10.2.4. By End User 16.11. Russia 16.11.1. Pricing Analysis 16.11.2. Market Share Analysis, 2021 16.11.2.1. By Product Type 16.11.2.2. By Application 16.11.2.3. By Placement Type 16.11.2.4. By End User 16.12. China 16.12.1. Pricing Analysis 16.12.2. Market Share Analysis, 2021 16.12.2.1. By Product Type 16.12.2.2. By Application 16.12.2.3. By Placement Type 16.12.2.4. By End User 16.13. Japan 16.13.1. Pricing Analysis 16.13.2. Market Share Analysis, 2021 16.13.2.1. By Product Type 16.13.2.2. By Application 16.13.2.3. By Placement Type 16.13.2.4. By End User 16.14. South Korea 16.14.1. Pricing Analysis 16.14.2. Market Share Analysis, 2021 16.14.2.1. By Product Type 16.14.2.2. By Application 16.14.2.3. By Placement Type 16.14.2.4. By End User 16.15. India 16.15.1. Pricing Analysis 16.15.2. Market Share Analysis, 2021 16.15.2.1. By Product Type 16.15.2.2. By Application 16.15.2.3. By Placement Type 16.15.2.4. By End User 16.16. ASEAN 16.16.1. Pricing Analysis 16.16.2. Market Share Analysis, 2021 16.16.2.1. By Product Type 16.16.2.2. By Application 16.16.2.3. By Placement Type 16.16.2.4. By End User 16.17. Australia and New Zealand 16.17.1. Pricing Analysis 16.17.2. Market Share Analysis, 2021 16.17.2.1. By Product Type 16.17.2.2. By Application 16.17.2.3. By Placement Type 16.17.2.4. By End User 16.18. GCC Countries 16.18.1. Pricing Analysis 16.18.2. Market Share Analysis, 2021 16.18.2.1. By Product Type 16.18.2.2. By Application 16.18.2.3. By Placement Type 16.18.2.4. By End User 16.19. Turkey 16.19.1. Pricing Analysis 16.19.2. Market Share Analysis, 2021 16.19.2.1. By Product Type 16.19.2.2. By Application 16.19.2.3. By Placement Type 16.19.2.4. By End User 16.20. South Africa 16.20.1. Pricing Analysis 16.20.2. Market Share Analysis, 2021 16.20.2.1. By Product Type 16.20.2.2. By Application 16.20.2.3. By Placement Type 16.20.2.4. By End User 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By Product Type 17.3.3. By Application 17.3.4. By Placement Type 17.3.5. By End User 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Sensirion AG 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. TE Connectivity 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. Smiths Group plc 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. Gentag Inc. 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. ST Microelectronics 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 18.1.6. Philips Healthcare 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.6.5.2. Product Strategy 18.1.6.5.3. Channel Strategy 18.1.7. Medtronic, Inc. 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.7.5.2. Product Strategy 18.1.7.5.3. Channel Strategy 18.1.8. Freescale Semiconductor, Inc. 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.8.5.2. Product Strategy 18.1.8.5.3. Channel Strategy 18.1.9. GE Healthcare 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.9.5.2. Product Strategy 18.1.9.5.3. Channel Strategy 18.1.10. Analog Devices, Inc. 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.10.5.2. Product Strategy 18.1.10.5.3. Channel Strategy 18.1.11. Honeywell International, Inc. 18.1.11.1. Overview 18.1.11.2. Product Portfolio 18.1.11.3. Profitability by Market Segments 18.1.11.4. Sales Footprint 18.1.11.5. Strategy Overview 18.1.11.5.1. Marketing Strategy 18.1.11.5.2. Product Strategy 18.1.11.5.3. Channel Strategy 19. Assumptions & Acronyms Used 20. Research Methodology
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Disposable Medical Sensors Market
