Market Overview:
The global sensors in healthcare market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for advanced sensors in various applications such as diagnostics, patient monitoring, therapeutics, and imaging. In addition, the growing awareness about preventive healthcare is also propelling the growth of this market. On the basis of type, temperature sensors are expected to account for the largest share of the global sensors in healthcare market during 2018-2030. This can be attributed to their wide range of applications across different industries such as automotive, food & beverage, and pharmaceuticals.
Product Definition:
In the healthcare industry, sensors are used to detect various physical and environmental conditions. This information is then used to make decisions about how to best treat patients. For example, sensors can be used to monitor a patient's vital signs, such as heart rate and blood pressure. Sensors can also be used to track environmental conditions in hospitals, such as temperature and humidity levels. By monitoring these conditions, hospitals can ensure that they are providing a safe and healthy environment for patients.
Temperature Sensors:
Temperature sensors are used in various applications such as medical, industrial, automotive and consumer electronics. The growth factor for temperature sensors market is increasing demand from the consumer electronics segment due to technological advancements and miniaturization of components.
The other factors that are driving the market include growing prevalence of chronic diseases requiring continuous monitoring of body temperature such as diabetes mellitus and high geriatric population base which also need a sensor implantation for proper management of health conditions.
Pressure Sensors:
A pressure sensor is a device that measures the force, or pressure, applied to it. They are used in various applications such as medical equipment and processes. Pressure sensors are also known as manometer sensors or barometric sensors.
The global market for pressure sensors is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries such as healthcare & automotive.
Application Insights:
The patient monitoring segment dominated the global sensors in healthcare market, accounting for a revenue share of over 40.0% in 2017. The high share is attributable to an increase in the prevalence of chronic diseases such as diabetes and cardiovascular diseases which require continuous monitoring and precise dosage adjustment for effective treatment. Furthermore, an increase in hospital admissions due to emergencies or accidents also boosts the demand for these devices across various regions worldwide.
Diagnostics is expected to be one of the fastest-growing segments during the forecast period owing to factors such as increasing investments by governments and private players towards developing advanced diagnostic technologies that can detect even minuscule amounts of substances with higher accuracy levels than ever before possible.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major players and increased adoption of advanced technologies. The region is expected to maintain its dominance over the forecast period due to increasing geriatric population prone to various diseases, rising healthcare expenditure, and growing adoption of sensor-based medical devices.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing with rapid economic development coupled with increasing government initiatives for improving healthcare infrastructure in emerging countries such as China & India. Moreover, an increase in disposable income levels will boost demand for consumer health products such as disposable temperature sensors that can be used at home or while traveling outstation.
Growth Factors:
- Increasing demand for minimally invasive surgeries: Sensors are increasingly being used in minimally invasive surgeries to provide surgeons with real-time information on the surgical environment. This is helping to improve the accuracy and safety of these procedures.
- Growing use of sensors in home healthcare: Sensors are being increasingly used in home healthcare settings to monitor patients' health and detect early signs of illness or deterioration. This is helping to improve patient outcomes and reduce costs associated with hospitalization.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as diabetes, heart disease, and cancer is increasing worldwide, leading to a greater demand for sensors that can help manage these conditions effectively.
- Advances in sensor technology: Sensor technology is evolving rapidly, with new sensors being developed that can detect a wider range of physiological parameters more accurately than ever before. This is helping to expand the application scope of sensors into new areas such as precision medicine diagnostics .
Scope Of The Report
Report Attributes
Report Details
Report Title
Sensors in Healthcare Market Research Report
By Type
Temperature Sensors, Pressure Sensors, Chemical Sensors, Flow Sensors, Position Sensors, Level Sensors, Biosensors, Others
By Application
Diagnostics, Patient Monitoring, Therapeutics, Imaging, Others
By Companies
Abott Laboratories, Analog Devices, Inc., Biovision Technologies Ltd., Freescale Semiconductor, Inc., Honeywell International, Inc., Johnson & Johnson, Medtronic, Inc., Thermofisher Scientific Inc., First Sensor AG, Smiths Medical, Texas Instruments, NXP Semiconductor N.V., Beckman Coutler, Inc., Bio-Rad Laboratories, Inc.
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Sensors in Healthcare Market Report Segments:
The global Sensors in Healthcare market is segmented on the basis of:
Types
Temperature Sensors, Pressure Sensors, Chemical Sensors, Flow Sensors, Position Sensors, Level Sensors, Biosensors, Others
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
Diagnostics, Patient Monitoring, Therapeutics, Imaging, Others
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:
- Abott Laboratories
- Analog Devices, Inc.
- Biovision Technologies Ltd.
- Freescale Semiconductor, Inc.
- Honeywell International, Inc.
- Johnson & Johnson
- Medtronic, Inc.
- Thermofisher Scientific Inc.
- First Sensor AG
- Smiths Medical
- Texas Instruments
- NXP Semiconductor N.V.
- Beckman Coutler, Inc.
- Bio-Rad Laboratories, Inc.
Highlights of The Sensors in Healthcare 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:
- Temperature Sensors
- Pressure Sensors
- Chemical Sensors
- Flow Sensors
- Position Sensors
- Level Sensors
- Biosensors
- Others
- By Application:
- Diagnostics
- Patient Monitoring
- Therapeutics
- Imaging
- Others
- 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 Sensors in Healthcare 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?
Sensors are devices that can be used to measure or detect physical or chemical properties of the environment. They are often used in medical and industrial applications, such as monitoring blood pressure, temperature, and pH levels.
Some of the major players in the sensors in healthcare market are Abott Laboratories, Analog Devices, Inc., Biovision Technologies Ltd., Freescale Semiconductor, Inc., Honeywell International, Inc., Johnson & Johnson, Medtronic, Inc., Thermofisher Scientific Inc., First Sensor AG, Smiths Medical, Texas Instruments, NXP Semiconductor N.V., Beckman Coutler, Inc., Bio-Rad Laboratories, Inc..
The sensors in healthcare market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sensors in Healthcare Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sensors in Healthcare Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sensors in Healthcare Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sensors in Healthcare Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sensors in Healthcare Market Size & Forecast, 2018-2028
4.5.1 Sensors in Healthcare Market Size and Y-o-Y Growth
4.5.2 Sensors in Healthcare Market Absolute $ Opportunity
Chapter 5 Global Sensors in Healthcare Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Sensors in Healthcare Market Size Forecast by Type
5.2.1 Temperature Sensors
5.2.2 Pressure Sensors
5.2.3 Chemical Sensors
5.2.4 Flow Sensors
5.2.5 Position Sensors
5.2.6 Level Sensors
5.2.7 Biosensors
5.2.8 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sensors in Healthcare Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Sensors in Healthcare Market Size Forecast by Applications
6.2.1 Diagnostics
6.2.2 Patient Monitoring
6.2.3 Therapeutics
6.2.4 Imaging
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sensors in Healthcare Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sensors in Healthcare Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Sensors in Healthcare Analysis and Forecast
9.1 Introduction
9.2 North America Sensors in Healthcare Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Sensors in Healthcare Market Size Forecast by Type
9.6.1 Temperature Sensors
9.6.2 Pressure Sensors
9.6.3 Chemical Sensors
9.6.4 Flow Sensors
9.6.5 Position Sensors
9.6.6 Level Sensors
9.6.7 Biosensors
9.6.8 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Sensors in Healthcare Market Size Forecast by Applications
9.10.1 Diagnostics
9.10.2 Patient Monitoring
9.10.3 Therapeutics
9.10.4 Imaging
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Sensors in Healthcare Analysis and Forecast
10.1 Introduction
10.2 Europe Sensors in Healthcare Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Sensors in Healthcare Market Size Forecast by Type
10.6.1 Temperature Sensors
10.6.2 Pressure Sensors
10.6.3 Chemical Sensors
10.6.4 Flow Sensors
10.6.5 Position Sensors
10.6.6 Level Sensors
10.6.7 Biosensors
10.6.8 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Sensors in Healthcare Market Size Forecast by Applications
10.10.1 Diagnostics
10.10.2 Patient Monitoring
10.10.3 Therapeutics
10.10.4 Imaging
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Sensors in Healthcare Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sensors in Healthcare Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Sensors in Healthcare Market Size Forecast by Type
11.6.1 Temperature Sensors
11.6.2 Pressure Sensors
11.6.3 Chemical Sensors
11.6.4 Flow Sensors
11.6.5 Position Sensors
11.6.6 Level Sensors
11.6.7 Biosensors
11.6.8 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Sensors in Healthcare Market Size Forecast by Applications
11.10.1 Diagnostics
11.10.2 Patient Monitoring
11.10.3 Therapeutics
11.10.4 Imaging
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Sensors in Healthcare Analysis and Forecast
12.1 Introduction
12.2 Latin America Sensors in Healthcare Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Sensors in Healthcare Market Size Forecast by Type
12.6.1 Temperature Sensors
12.6.2 Pressure Sensors
12.6.3 Chemical Sensors
12.6.4 Flow Sensors
12.6.5 Position Sensors
12.6.6 Level Sensors
12.6.7 Biosensors
12.6.8 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Sensors in Healthcare Market Size Forecast by Applications
12.10.1 Diagnostics
12.10.2 Patient Monitoring
12.10.3 Therapeutics
12.10.4 Imaging
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Sensors in Healthcare Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sensors in Healthcare Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Sensors in Healthcare Market Size Forecast by Type
13.6.1 Temperature Sensors
13.6.2 Pressure Sensors
13.6.3 Chemical Sensors
13.6.4 Flow Sensors
13.6.5 Position Sensors
13.6.6 Level Sensors
13.6.7 Biosensors
13.6.8 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Sensors in Healthcare Market Size Forecast by Applications
13.10.1 Diagnostics
13.10.2 Patient Monitoring
13.10.3 Therapeutics
13.10.4 Imaging
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sensors in Healthcare Market: Competitive Dashboard
14.2 Global Sensors in Healthcare Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abott Laboratories
14.3.2 Analog Devices, Inc.
14.3.3 Biovision Technologies Ltd.
14.3.4 Freescale Semiconductor, Inc.
14.3.5 Honeywell International, Inc.
14.3.6 Johnson & Johnson
14.3.7 Medtronic, Inc.
14.3.8 Thermofisher Scientific Inc.
14.3.9 First Sensor AG
14.3.10 Smiths Medical
14.3.11 Texas Instruments
14.3.12 NXP Semiconductor N.V.
14.3.13 Beckman Coutler, Inc.
14.3.14 Bio-Rad Laboratories, Inc.
