According to the latest report by IMARC Group, titled “Global Disposable Medical Sensors Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027“, the global disposable medical sensors market size reached US$ 7.31 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.9 Billion by 2027, exhibiting a CAGR of 10.0% during the forecast period (2022-2027).
Disposable medical sensors refer to the hand-held, single-use, and portable scanning devices used for diagnosis, patient monitoring, and therapeutic applications. They are generally integrated into stationary medical devices for on-site patient observation and remote monitoring. Some of the commonly used disposable medical sensors include image and biosensors, accelerometers, pressure, temperature, etc., that are placed on strips, wearable, implantable, invasive and ingestible sensors, etc. These devices detect and transmit information regarding vital signs, such as oxygen levels, heart rate, pulse rate, temperature, etc., in the form of electrical signals. Consequently, disposable medical sensors are extensively utilized for radiological, cardiological, neurological, ophthalmological, and urological procedures.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Disposable Medical Sensors Market Trends and Drivers:
The growing prevalence of chronic diseases, including cancer, asthma, diabetes, heart stroke, etc., is primarily driving the disposable medical sensors market. Additionally, the widespread adoption of point-of-care (POC) and at-home diagnostic devices for the monitoring of elderly and post-operative rehabilitation patients is further stimulating the market growth.
Besides this, the increasing instances of hospital-acquired infections (HAIs) are augmenting the utilization of single-patient disposable medical sensors, which is acting as another significant growth-inducing factor. Moreover, the introduction of carbon nanotube-based biosensors that aid in detecting E. coli and other pathogens is also positively influencing the global market.
Apart from this, the rising integration of micro-technologies, such as lab-on-a-chip, medical micro-electro-mechanical systems (MEMS), microfluidic chip systems, etc., to provide enhanced precision in diagnostics is anticipated to fuel the disposable medical sensors market over the forecasted period.
Global Disposable Medical Sensors Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Abbott Laboratories, Amphenol Corporation, Conmed Corporation, Gentag Inc., Honeywell International Inc., nuova Personaldienstleistung GmbH, Omnivision Technologies Inc., Sensirion Holding AG, Smiths Group plc, Starboard Medical Inc., TE Connectivity Ltd. and Vital Connect Inc.
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The report has segmented the market on the basis of region, product type, placement type, application and end user.
Breakup by Product Type:
- Temperature Sensors
- Pressure Sensors
- Image sensors
- Accelerometers and Patient Position Sensors
Breakup by Placement Type:
- Wearable Sensors
- Implantable Sensors
- Ingestible Sensors
- Invasive Sensors
- Strip Sensors
Breakup by Application:
- Patient Monitoring
- Continuous Blood Pressure Monitoring
- Implantable Loop Recorder
- Cardiac Monitoring Electrode
- Pulse Oximeter
- Smart Pill
- Continuous Blood Glucose Monitoring (CGM)
- Capsule Endoscopes
- HIV Test Strip Sensors
- Pregnancy Test Strip Sensors
- Drug and Alcohol Test Strip Sensors
- Blood Glucose Test Strip Sensors
- Insulin Pump Sensors
- Cardiac Therapeutic Electrode Sensors
- Cardiac Catheter Sensors
Breakup by End User:
- Home Care
- Diagnostic Laboratories
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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