Global medical sensors market is hit to reach $19.07 Billion by 2025 Top Players Philips NV, Sensirion AG, Medtronic


Posted August 21, 2019 by onkarDbmr08

Medical sensors are tools helpful in monitoring, diagnosis of the disease, and important human parameters for therapeutic applications.

 
Definition:
Medical sensors are tools helpful in monitoring, diagnosis of the disease, and important human parameters for therapeutic applications. Pregnancy strips, HIV Test, blood glucose and immunological test strips have a major role in the share of the medical sensors market.

Analysis of Global medical sensors report:
The Global medical sensors market is expected to reach USD 19.07 Billion by 2025, from USD 10.07 Billion in 2017 growing at a CAGR of 8.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Major Market Drivers and Restraints:
• Improvement of wearable and disease diagnosing kits.
• Increase in the use of sensors in the clinics and home applications
• Increase in the awareness among the patients for monitoring and diagnosing of the disease.
• Increased investment in research and development of devices based on sensors.
• Downward pricing pressure owing to its commodity nature
• Increase in patient population of chronic and long term disease.

Leading Key players profiled in this report are:
Some of the major players operating in the global medical sensor market are Philips NV, Sensirion AG, Medtronic, Honeywell International Inc, Smiths Group plc, STMicroelectronics, OmniVision Technologies Inc, Memsic Inc, Universal Biosensors, Biosensors International Group, GeekWire LLC, GE Healthcare, Medtronic, First Sensor AG, STMicroelectronics, NXP Semiconductors, Danaher Corp, among others.

Global medical sensors Market Segmentation:
• The global medical sensors market is segmented on the basis of product type, placement type, application, end users, and geography.
• Based on product type, the global medical sensors market is segmented into pressure sensor, accelerator (inertial) sensors, motion sensor, Image sensor, Electrocardiogram sensor, temperature sensor, blood glucose, blood oxygen sensor. Pressure sensors is further sub segmented into Patients monitor sensors, respiratory devices sensors, future solution sensors
• Based on placement, the global medical sensors market is segmented into strip sensors, wearable sensors, implantable sensors, non-invasive and invasive sensors and ingestible sensors. Wearable sensors are further sub-segmented into wearable sensors used in patient monitoring and sensors for diagnosis of non-infectious disease.
• Based on the application, the global medical sensors market is segmented into diagnostic, therapeutics, monitoring, imaging, fitness and wellness and others. The diagnostic is further sub-segmented into blood glucose test strip sensors, HIV-test strip sensors, pregnancy test strip sensor and drug and alcohol test strip sensors. Therapeutics is further sub-segmented into cardiac therapeutic devices, cardiac catheter sensors, and insulin pump sensors. Monitoring is further sub-segmented into continuous blood pressure monitors, cardiac monitors, smart pills, implantable loop recorder, pulse oximeters, continuous glucose monitoring devices. Imaging devices is further sub-segmented into capsule endoscope sensors. Fitness and wellness is further sub-segmented into electronic pedometer, wearable injectors, and continuous glucose meter. Others type is further sub segmented hearing-aids sensor, treadmill sensor, electronic weighing scale, automated external defibrillator.
• On the basis of end users, the global medical sensors market is segmented into hospitals, ambulatory centers, clinics, community healthcare. Based on distribution channel the market is segmented into retail, and direct tenders.
• Based on geography the global medical sensors market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.

Competitive Analysis: Global Medical Sensors Market
The global medical sensors market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical sensors market for global, Europe, North America, Asia Pacific and South America.

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The Global medical sensors market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global medical sensors market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.

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Categories Health
Tags global medical sensors market , global medical sensors market applications , global medical sensors market growth , global medical sensors market overview , global medical sensors market share , global medical sensors market size , global medical sensors market trends
Last Updated August 21, 2019