Market Overview:
The global disposable medical device sensors market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for disposable medical devices and sensors due to the rising incidence of chronic diseases, technological advancements, and growing awareness about preventive healthcare. Based on type, the global disposable medical device sensors market is segmented into strip sensors, invasive sensors, ingestible sensors, implantable Sensors and wearable Sensors. Strip Sensors are expected to account for the largest share of this market in 2018 owing to their low cost and easy availability. Ingestible Sensors are projected to grow at the highest CAGR during the forecast period as they offer several advantages over other types of disposable medical device sensors such as ease-of-use and non-invasiveness. Based on application, hospitals accounted for majority share of this market in 2017 followed by ambulatory surgical centers (ASC) and diagnostic centers respectively. Hospitals are expected witness highest growth rate during forecast period due high prevalence chronic diseases which leads increase demand for disposables devices ans sensor .
Product Definition:
A disposable medical device sensor is a device that is intended to be used once and then discarded. These devices are often used to monitor various aspects of a patient's health, such as heart rate, blood pressure, or blood sugar levels. The use of disposable medical device sensors helps to reduce the risk of infection or other adverse events.
Strip Sensors:
Strip sensors are thin film transducers that convert analog signals into digital signals and back again. They are used in disposable medical devices to measure blood pressure, temperature, pH levels of the skin and other parameters. The major advantage of using strip sensors is that it reduces the size of the device which makes it more comfortable for patient usage.
Invasive Sensors:
Invasive sensors are medical devices that are used to obtain real-time information about the internal body functions. These devices have high accuracy and reliability which is expected to drive their demand over the forecast period. In addition, these devices can be used for continuous monitoring of vital signs such as temperature, blood pressure, and heart rate which is expected to increase its usage in disposable medical device sensors market over the forecast period.
Application Insights:
The hospitals application segment dominated the global disposable medical device sensors market in 2017. The hospital segment is expected to maintain its dominance over the forecast period owing to factors such as increasing healthcare spending, growing aging population, and favorable government policies. For instance, according to a study published by the World Health Organization (WHO) in 2016, it was estimated that an average of USD 250 billion is spent annually by governments on healthcare in China and India alone. This amount of money would otherwise be spent at hotels or restaurants which amounts to around USD 150 billion annually if spent at hotels only. Thus, increasing disposable income coupled with rising health awareness among people from developing countries such as China and India will boost industry growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and increasing demand for minimally invasive surgeries are some factors driving the regional growth. In addition, rising prevalence of chronic diseases such as diabetes is expected to boost the product demand in this region. According to a recent study published by Diabetes UK, around 9 million people were diagnosed with diabetes in 2015; it was estimated that around 6 million people had been living with diabetes before being diagnosed and 1 million new cases were reported each year from 2010 to 2014.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising investments by governments & private organizations towards improving healthcare facilities & infrastructure along with growing target population base especially in countries such as India.
Growth Factors:
- Increasing demand for disposable medical devices and sensors due to rising incidence of chronic diseases and growing awareness about the benefits of using disposable medical devices.
- Rising demand for minimally invasive surgeries, which is driving the use of disposable medical devices and sensors.
- Technological advancements in disposable medical device sensors that are making them smaller, smarter, and more efficient, thus increasing their adoption rates across various applications.
- Growing number of private-sector players in the market who are offering innovative products at competitive prices, thereby helping to expand the market size rapidly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Disposable Medical Device Sensors Market Research Report
By Type
Strip Sensors, Invasive Sensors, Ingestible Sensors, Implantable Sensors, Wearable Sensors
By Application
Hospitals, Ambulatory Surgical Centers, Diagnostic Centers
By Companies
Sensirion, STMicroelectronics, Smiths, Koninklijke Philips, Medtronic, Measurement Specialties, Johnson & Johnson, Jant Pharmacal, Honeywell International, Given Imaging, Gentag, GE Healthcare, Freescale Semiconductor, Analog Devices
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Disposable Medical Device Sensors Market Report Segments:
The global Disposable Medical Device Sensors market is segmented on the basis of:
Types
Strip Sensors, Invasive Sensors, Ingestible Sensors, Implantable Sensors, Wearable Sensors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Centers, Diagnostic Centers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sensirion
- STMicroelectronics
- Smiths
- Koninklijke Philips
- Medtronic
- Measurement Specialties
- Johnson & Johnson
- Jant Pharmacal
- Honeywell International
- Given Imaging
- Gentag
- GE Healthcare
- Freescale Semiconductor
- Analog Devices
Highlights of The Disposable Medical Device Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Strip Sensors
- Invasive Sensors
- Ingestible Sensors
- Implantable Sensors
- Wearable Sensors
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Diagnostic Centers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Disposable Medical Device Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Disposable medical device sensors are small, low-cost devices that can be used to monitor a patient's vital signs. These sensors are inserted into the body and send real-time data to a monitoring station, which can then help doctors diagnose and treat patients.
Some of the major companies in the disposable medical device sensors market are Sensirion, STMicroelectronics, Smiths, Koninklijke Philips, Medtronic, Measurement Specialties, Johnson & Johnson, Jant Pharmacal, Honeywell International, Given Imaging, Gentag, GE Healthcare, Freescale Semiconductor, Analog Devices.
The disposable medical device sensors market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Disposable Medical Device Sensors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Disposable Medical Device Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Disposable Medical Device Sensors Market - Supply Chain
4.5. Global Disposable Medical Device Sensors Market Forecast
4.5.1. Disposable Medical Device Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Disposable Medical Device Sensors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Disposable Medical Device Sensors Market Absolute $ Opportunity
5. Global Disposable Medical Device Sensors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Disposable Medical Device Sensors Market Size and Volume Forecast by Type
5.3.1. Strip Sensors
5.3.2. Invasive Sensors
5.3.3. Ingestible Sensors
5.3.4. Implantable Sensors
5.3.5. Wearable Sensors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Disposable Medical Device Sensors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Disposable Medical Device Sensors Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Ambulatory Surgical Centers
6.3.3. Diagnostic Centers
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Disposable Medical Device Sensors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Disposable Medical Device Sensors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Disposable Medical Device Sensors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Disposable Medical Device Sensors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Disposable Medical Device Sensors Demand Share Forecast, 2019-2026
9. North America Disposable Medical Device Sensors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Disposable Medical Device Sensors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Disposable Medical Device Sensors Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Ambulatory Surgical Centers
9.4.3. Diagnostic Centers
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Disposable Medical Device Sensors Market Size and Volume Forecast by Type
9.7.1. Strip Sensors
9.7.2. Invasive Sensors
9.7.3. Ingestible Sensors
9.7.4. Implantable Sensors
9.7.5. Wearable Sensors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Disposable Medical Device Sensors Demand Share Forecast, 2019-2026
10. Latin America Disposable Medical Device Sensors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Disposable Medical Device Sensors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Disposable Medical Device Sensors Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Ambulatory Surgical Centers
10.4.3. Diagnostic Centers
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Disposable Medical Device Sensors Market Size and Volume Forecast by Type
10.7.1. Strip Sensors
10.7.2. Invasive Sensors
10.7.3. Ingestible Sensors
10.7.4. Implantable Sensors
10.7.5. Wearable Sensors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Disposable Medical Device Sensors Demand Share Forecast, 2019-2026
11. Europe Disposable Medical Device Sensors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Disposable Medical Device Sensors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Disposable Medical Device Sensors Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Ambulatory Surgical Centers
11.4.3. Diagnostic Centers
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Disposable Medical Device Sensors Market Size and Volume Forecast by Type
11.7.1. Strip Sensors
11.7.2. Invasive Sensors
11.7.3. Ingestible Sensors
11.7.4. Implantable Sensors
11.7.5. Wearable Sensors
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Disposable Medical Device Sensors Demand Share, 2019-2026
12. Asia Pacific Disposable Medical Device Sensors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Disposable Medical Device Sensors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Disposable Medical Device Sensors Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Ambulatory Surgical Centers
12.4.3. Diagnostic Centers
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Disposable Medical Device Sensors Market Size and Volume Forecast by Type
12.7.1. Strip Sensors
12.7.2. Invasive Sensors
12.7.3. Ingestible Sensors
12.7.4. Implantable Sensors
12.7.5. Wearable Sensors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Disposable Medical Device Sensors Demand Share, 2019-2026
13. Middle East & Africa Disposable Medical Device Sensors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Disposable Medical Device Sensors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Disposable Medical Device Sensors Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Ambulatory Surgical Centers
13.4.3. Diagnostic Centers
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Disposable Medical Device Sensors Market Size and Volume Forecast by Type
13.7.1. Strip Sensors
13.7.2. Invasive Sensors
13.7.3. Ingestible Sensors
13.7.4. Implantable Sensors
13.7.5. Wearable Sensors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Disposable Medical Device Sensors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Disposable Medical Device Sensors Market: Market Share Analysis
14.2. Disposable Medical Device Sensors Distributors and Customers
14.3. Disposable Medical Device Sensors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sensirion
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. STMicroelectronics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Smiths
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Koninklijke Philips
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Medtronic
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Measurement Specialties
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Johnson & Johnson
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jant Pharmacal
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Honeywell International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Given Imaging
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Gentag
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GE Healthcare
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Freescale Semiconductor
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Analog Devices
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
