Disposable Medical Sensors Market Will Reach USD 7,543.1 Million By 2020: Grand View Research, Inc.
Global disposable medical sensors
market is expected to reach USD 7,543.1 million by 2020, according to a
new study by Grand View Research, Inc. Increasing prevalence of HAIs (hospital
acquired infections) and government initiatives aimed at reducing central-line
associated bloodstream infections and surgical site infections in ward located
and ICU patients are expected to serve the market as high impact rendering
drivers. Introduction and subsequent rise in usage rates of novel technologies
such as cancer tracking sensors, Hba1c sensors and MEMS pressure sensors is
expected to boost future market growth.
Strip sensors dominated the overall product segment in terms
of revenue and were valued at USD 1,800.2 million in 2013. Increasing
prevalence of chronic diseases such as diabetes, cancer and cardiovascular
disorders and the consequent rise in demand for diabetes and cancer biomarkers
strip sensors are some factors accounting for its large share.
Browse full research report on Disposable Medical Sensors
Market: http://www.grandviewresearch.com/industry-analysis/disposable-medical-sensors-industry
Further key findings from the study suggest:
- Image
sensors are expected to be a high growth segment over the forecast period
owing to the introduction of technology advancements such as optic fiber
technology; low power miniature CMOS image sensors and ZSRL image sensors.
These sensors enable medical imaging and endoscopy systems to function
with accuracy and therefore, help in effective diagnostic and therapeutic
interventions.
- Disposable
medical sensors based diagnostic applications dominated the overall market
with revenue estimated at over 1,700.0 million in 2013. Increasing demand
for point of care diagnoses such as i-stats, biosensors for the diagnosis
and monitoring of glucose levels in emergency rooms is expected to drive
the market during the forecast period.
- North
America dominated the global market, accounting for over 35% of total
revenue in 2013 on account of the presence of sophisticated healthcare
infrastructure and growing R&D spending for the development of
miniaturized and convenient medical sensors.
- Asia
Pacific disposable medical sensors market is expected to grow at a CAGR of
over 11.0% over the next six years, which is the highest among all
regions. Increasing demand for home healthcare biosensors and improving
healthcare infrastructure in emerging countries such as China and India
are some factors contributing to its rapid growth.
- Some
key players of disposable medical sensors include Honeywell International,
Inc, Covidien Plc, STMicroelectronics, Given Imaging, Inc., GE Healthcare,
Medtronic, Freescale Semiconductor, Inc., Philips Healthcare, Analog
Devices, Smiths Medical, Measurement Specialties and Sensirion AG.
For the purpose of this study, Grand View Research has
segmented the disposable medical sensors market on the basis of product,
technology, application and region:
• Global Disposable Medical Sensors Product
Outlook (Revenue, USD Million, 2012 – 2020)
• Wearable sensors
• Implantable sensors
• Invasive sensors
• Ingestible sensors
• Strip sensors
• Global Disposable Medical Sensors Technology Outlook (Revenue, USD Million, 2012 – 2020)
• Temperature sensors
• Pressure sensors
• Image sensors
• Biosensors
• Accelerometers
• Others
• Global Disposable Medical Sensors Application Outlook (Revenue, USD Million, 2012 – 2020)
• Diagnostic
• Patient monitoring
• Therapeutic
• Disposable Medical Sensors Regional Outlook (Revenue, USD Million, 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW
• Wearable sensors
• Implantable sensors
• Invasive sensors
• Ingestible sensors
• Strip sensors
• Global Disposable Medical Sensors Technology Outlook (Revenue, USD Million, 2012 – 2020)
• Temperature sensors
• Pressure sensors
• Image sensors
• Biosensors
• Accelerometers
• Others
• Global Disposable Medical Sensors Application Outlook (Revenue, USD Million, 2012 – 2020)
• Diagnostic
• Patient monitoring
• Therapeutic
• Disposable Medical Sensors Regional Outlook (Revenue, USD Million, 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW
Access press release of this research report by Grand
View Research: http://www.grandviewresearch.com/press-release/global-disposable-medical-sensors-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports,
customized research reports, and consulting services. To help clients make
informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
For more information:
www.grandviewresearch.com
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