The global medical sensors market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for minimally invasive surgeries and rising prevalence of chronic diseases such as diabetes and obesity.
The global medical sensors market is segmented on the basis of type, application, and region. On the basis of type, it can be divided into band sensor, wearable sensors, implantable sensor, invasive/no-invasive sensors and uptake sensor. Band sensor accounted for a major share in 2018 owing to its low cost and easy availability in various sizes which makes it suitable for various applications such as monitoring heart rate or blood pressure levels. Wearable sensors are used in fitness trackers which are worn on the wrist or clipped onto clothes while performing physical activities like running or cycling; these devices measure heart rate variability (HRV) which helps in assessing stress levels among athletes during training sessions or competitions. Implantable sensor is used for continuous monitoring of vital signs such as blood pressure level without any need to wear any device externally; these devices are implanted under skin with wires that connect them with external monitors that display readings periodically throughout day/night cycles. Invasive/no-invasive sensors are used when there is no other option available due to high risk factors involved with surgery; they provide accurate readings without causing any discomfort to patients who have undergone surgery while invasive ones require surgical intervention whereas no-invasive ones do not require surgical intervention but may cause discomfort due to their size being larger than other types mentioned above. Uptake sensor measures how much medication has been taken by patients after being prescribed by doctors; this type also includes smart inhalers that measure how much medication has been inhaled by patients using inhalers prescribed by doctors.
Some Of The Growth Factors Of This Market:
- Technological advancements in sensor technology are also fueling the growth of this market as they enable more accurate and faster diagnosis of diseases and conditions than ever before possible with traditional methods such as blood tests or X-rays.
- The growing adoption of wearable devices that can monitor health parameters such as heart rate, blood pressure, temperature, etc, is also expected to fuel the growth of this market over the next few years due to their convenience and ease-of-use for patients who are not able or willing to go through traditional diagnostic procedures like blood tests or X-rays on a regular basis but still want access to their health data on an ongoing basis without having to make an appointment with their doctor every time they want it checked out.
Industry Growth Insights published a new data on “Medical Sensors Market”. The research report is titled “Medical Sensors Market research by Types (Band Sensor, Wearable Sensors, Implantable Sensor, Invasive/Non-Invasive Sensors, Uptake Sensor), By Applications (Diagnosis, Treatment, Monitoring, Fitness), By Players/Companies GE Healthcare, Honeywell International, Stmicroelectronics, Measurement Specialties, Analog Devices, Medtronic, First Sensor, Smiths Medical, Texas Instruments, NXP Semiconductor”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Sensors Market Research Report
By Type
Band Sensor, Wearable Sensors, Implantable Sensor, Invasive/Non-Invasive Sensors, Uptake Sensor
By Application
Diagnosis, Treatment, Monitoring, Fitness
By Companies
GE Healthcare, Honeywell International, Stmicroelectronics, Measurement Specialties, Analog Devices, Medtronic, First Sensor, Smiths Medical, Texas Instruments, NXP Semiconductor
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Medical Sensors Market Report Segments:
The global Medical Sensors market is segmented on the basis of:
Types
Band Sensor, Wearable Sensors, Implantable Sensor, Invasive/Non-Invasive Sensors, Uptake Sensor
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
Diagnosis, Treatment, Monitoring, Fitness
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:
- GE Healthcare
- Honeywell International
- Stmicroelectronics
- Measurement Specialties
- Analog Devices
- Medtronic
- First Sensor
- Smiths Medical
- Texas Instruments
- NXP Semiconductor
Highlights of The Medical 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:
- Band Sensor
- Wearable Sensors
- Implantable Sensor
- Invasive/Non-Invasive Sensors
- Uptake Sensor
- By Application:
- Diagnosis
- Treatment
- Monitoring
- Fitness
- 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 Medical 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Medical sensors are devices that can be implanted in the body to monitor and track health information. They can be used to measure heart rate, blood pressure, temperature, and other vital signs.
Some of the major companies in the medical sensors market are GE Healthcare, Honeywell International, Stmicroelectronics, Measurement Specialties, Analog Devices, Medtronic, First Sensor, Smiths Medical, Texas Instruments, NXP Semiconductor.
The medical sensors market is expected to grow at a compound annual growth rate of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical 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. Medical Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Sensors Market - Supply Chain
4.5. Global Medical Sensors Market Forecast
4.5.1. Medical Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Sensors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Sensors Market Absolute $ Opportunity
5. Global Medical 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. Medical Sensors Market Size and Volume Forecast by Type
5.3.1. Band Sensor
5.3.2. Wearable Sensors
5.3.3. Implantable Sensor
5.3.4. Invasive/Non-Invasive Sensors
5.3.5. Uptake Sensor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical 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. Medical Sensors Market Size and Volume Forecast by Application
6.3.1. Diagnosis
6.3.2. Treatment
6.3.3. Monitoring
6.3.4. Fitness
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical 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. Medical 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 Medical 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. Medical 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 Medical Sensors Demand Share Forecast, 2019-2026
9. North America Medical 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 Medical 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 Medical Sensors Market Size and Volume Forecast by Application
9.4.1. Diagnosis
9.4.2. Treatment
9.4.3. Monitoring
9.4.4. Fitness
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Sensors Market Size and Volume Forecast by Type
9.7.1. Band Sensor
9.7.2. Wearable Sensors
9.7.3. Implantable Sensor
9.7.4. Invasive/Non-Invasive Sensors
9.7.5. Uptake Sensor
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 Medical Sensors Demand Share Forecast, 2019-2026
10. Latin America Medical 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 Medical 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 Medical Sensors Market Size and Volume Forecast by Application
10.4.1. Diagnosis
10.4.2. Treatment
10.4.3. Monitoring
10.4.4. Fitness
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Sensors Market Size and Volume Forecast by Type
10.7.1. Band Sensor
10.7.2. Wearable Sensors
10.7.3. Implantable Sensor
10.7.4. Invasive/Non-Invasive Sensors
10.7.5. Uptake Sensor
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 Medical Sensors Demand Share Forecast, 2019-2026
11. Europe Medical 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 Medical 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 Medical Sensors Market Size and Volume Forecast by Application
11.4.1. Diagnosis
11.4.2. Treatment
11.4.3. Monitoring
11.4.4. Fitness
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Sensors Market Size and Volume Forecast by Type
11.7.1. Band Sensor
11.7.2. Wearable Sensors
11.7.3. Implantable Sensor
11.7.4. Invasive/Non-Invasive Sensors
11.7.5. Uptake Sensor
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 Medical Sensors Demand Share, 2019-2026
12. Asia Pacific Medical 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 Medical 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 Medical Sensors Market Size and Volume Forecast by Application
12.4.1. Diagnosis
12.4.2. Treatment
12.4.3. Monitoring
12.4.4. Fitness
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Sensors Market Size and Volume Forecast by Type
12.7.1. Band Sensor
12.7.2. Wearable Sensors
12.7.3. Implantable Sensor
12.7.4. Invasive/Non-Invasive Sensors
12.7.5. Uptake Sensor
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 Medical Sensors Demand Share, 2019-2026
13. Middle East & Africa Medical 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 Medical 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 Medical Sensors Market Size and Volume Forecast by Application
13.4.1. Diagnosis
13.4.2. Treatment
13.4.3. Monitoring
13.4.4. Fitness
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Sensors Market Size and Volume Forecast by Type
13.7.1. Band Sensor
13.7.2. Wearable Sensors
13.7.3. Implantable Sensor
13.7.4. Invasive/Non-Invasive Sensors
13.7.5. Uptake Sensor
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 Medical Sensors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Sensors Market: Market Share Analysis
14.2. Medical Sensors Distributors and Customers
14.3. Medical Sensors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE Healthcare
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell International
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Stmicroelectronics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Measurement Specialties
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Analog Devices
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Medtronic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. First Sensor
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Smiths Medical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Texas Instruments
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NXP Semiconductor
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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
