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Disposable Medical Sensors Market Analysis of Business Strategies of The Top Players


The disposable medical sensors domain is growing due to the rising prevalence of hospital-acquired infections (HAI) and the growing need for low-cost medical equipment. The requirement for monitoring devices is also increasing due to the menace of cardiovascular diseases and diabetes, ultimately adding to the domain’s growth. Owing to the increasing HAI incidence and healthcare costs, home healthcare services have become a trend. Technological advancements have led to improvements in the diagnostics field, thereby paving the way for point-of-care diagnosis. In addition to being easily transportable, these devices use sensors to detect specified parameters and offer immediate results. – PowerPoint PPT presentation

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Title: Disposable Medical Sensors Market Analysis of Business Strategies of The Top Players

Disposable Medical Sensors Market to Reach 8.9
Billion by 2023
Disposable Medical Sensors Market
Global disposable medical sensors market is
forecasted to attain a value of 8.9 billion by
2023, growing at a CAGR of 10.4 during
2017-2023. The growth in the market will be led
by the increasing prevalence of health
care-associated infections (HAIs), growing demand
for low cost medical equipment, increasing RD
investments, and rising prevalence of diabetes
and cardiovascular diseases. Access Report
Summary with Detailed TOC on "Disposable Medical
Sensors Market by Product (Biosensors,
Accelerometers, Pressure Sensors, Temperature
Sensors, Image Sensors), by Placement of Sensor
(Strip, Wearable, Implantable, Invasive,
Ingestible), by Application (Diagnostic (Blood
Glucose, Pregnancy, Drug and Alcohol, HIV),
Therapeutic (Dialysis, Cardiac Therapy, Cardiac
Catheter, Insulin Pump), Patient Monitoring
(Cardiac Monitors, Pulse Oximeters, cBP Monitors,
CGM Devices, Smart Pills, ILRs), Imaging (Capsule
Endoscope, Disposable Endoscope)), by Geography
(U.S., Canada, Germany, France, U.K., Italy,
Spain, Japan, China, India, Brazil, Mexico,
Argentina, Saudi Arabia, South Africa, Egypt)
Global Market Size, Share, Development, Growth
and Demand Forecast, 2013-2023"
at https//www.psmarketresearch.com/market-analys
Disposable Medical Sensors Market
The disposable medical sensors market has been
categorized as biosensors, accelerometers,
pressure sensors, temperature sensors, image
sensors, and others, based on product. Image
sensors are expected to witness fastest growth in
demand during the forecast period, due to the
increasing adoption for complementary metal-on
silicon oxide semiconductors (CMOS) image sensors
with high performance and integration
functionality. The category is expected to
register a CAGR of 19.2 during the forecast
period. Strip sensors generated highest revenue,
based on placement of sensor, in the disposable
medical sensors industry in 2016, due to their
ease of usage, faster results, non-infectious
nature, and wide applications in diagnostic
devices. Based on application the industry is
classified into diagnostic, therapeutic, patient
monitoring, and imaging devices. Among these
applications, the disposable medical sensors
market is predicted to be led by imaging devices
during the forecast period. The growth in the
category is primarily attributed to the
increasing use of CMOS image sensors that
provides higher resolution, 3D imaging, and
precision manipulation.
Disposable Medical Sensors Market
Globally, the key providers in the disposable
medical sensors industry are launching new
products to gain a larger market share. For
instance, in February 2017, Sensirion AG,
announced the launch of its new proximal flow
sensor SFM3400, at the MDM West trade fair in in
Anaheim, California. The SFM3400 is a fully
bi-directionally calibrated digital flow sensor
with fast signal processing time. It measures
flow rates of up to 33 slm with respiratory
applications used in neonatology and paediatrics.
The sensor is available as both single use
(SFM3400-D) and reusable (SFM3400-AW) solution.
Disposable Medical Sensors Market
Some of the other key players operating in the
disposable medical sensors market include
Medtronic Plc, General Electric Company,
Koninklijke Philips N.V., TE Connectivity Ltd.,
Smiths Group plc, NXP Semiconductors N.V.,
Honeywell International Inc., STMicroelectronics
N.V., and Gentag, Inc.
Disposable Medical Sensors Market
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