+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Medical Sensors Market by Sensor Type (Pressure, Temperature, ECG, Image, Touch, Blood Oxygen, Blood Glucose Sensor), End-Use Product, Medical Procedure (Invasive, Noninvasive), Device Classification, Medical Facility & Region - Forecast to 2029

  • PDF Icon

    Report

  • 240 Pages
  • May 2024
  • Region: Global
  • Markets and Markets
  • ID: 5401623
The medical sensors market is valued at USD 2.4 billion in 2024 and is projected to reach USD 3.6 billion by 2029; it is expected to grow at a CAGR of 8.1% from 2024 to 2029. Growth outlook of healthcare industry, and advancements in sensors and digital technologies provide lucrative opportunities to the medical sensors market.

Ingestible sensors segment to register highest growth rate during the forecast period.

The medical sensor market is expected to see the highest growth rate in ingestible sensors during the forecast period. Ingestible sensors offer a way to monitor internal physiological processes with minimal invasion which aligns with the growing trend toward minimally invasive medical procedures. Advancements in miniaturization, biocompatibility, sensor technology, and wireless data transmission have made ingestible sensors more reliable, efficient, and user-friendly. Ingestible sensors can provide real-time data and access hard-to-reach areas within the digestive tract, potentially leading to improved diagnosis and treatment of various medical conditions.

Diagnostic Imaging Devices in Asia Pacific is expected to register highest growth rate during the forecast period.

The medical sensors market for diagnostic imaging devices in Asia Pacific is expected to grow at the highest growth during the forecast period. The increasing elderly population in countries such as Japan and China has led to the increased adoption of advanced medical devices due to the increasing number of people suffering from various cardiological, neurological, and musculoskeletal disorders. Hence, medical facilities in such countries are extensively using advanced medical imaging devices for improved diagnosis. The increasing number of initiatives taken by the governments in developing countries such as India and China to support the manufacturing of advanced medical devices is also expected to drive the growth of the medical sensors market for diagnostic imaging devices in Asia Pacific.

Brazil in South America is expected to hold the largest market share during the forecast period.

Brazil held the largest share of the medical sensors market in South America in 2023. Rising investments in healthcare and the increased awareness and adoption of advanced medical devices are expected the drive the growth of the medical sensors market in Brazil. Factors such as technological advancements and the rising number of people suffering from chronic diseases are also expected to drive the market growth in Brazil. However, the improvement of the healthcare ecosystem and private healthcare systems and the growing demand for advanced medical devices are driving the market growth in Argentina. Argentina is projected to register the highest growth during the forecast period.

Following is the breakup of the profiles of the primary participants for the report.

  • By Company Type: Tier 1 - 45 %, Tier 2 - 35%, and Tier 3 - 20%
  • By Designation: C-Level Executives - 32%, Directors - 40%, and Others - 28%
  • By Region: Americas - 37%, Europe - 15%, Asia Pacific - 40%, and RoW - 8%
The report profiles key medical sensors market players and analyzes their market shares. Players profiled in this report are TE Connectivity (Switzerland), Medtronic (Ireland), Analog Devices, Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), etc.

Research Coverage

The report defines, describes, and forecasts the medical sensors market based on Sensor Type, End-use Product, Medical Procedure, Medical Facility, Medical Device Classification, and Region. It provides detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the medical sensors market. It also analyses competitive developments such as product launches, acquisitions, expansions, contracts, partnerships, and actions conducted by the key players to grow in the market.

Reasons to Buy This Report

The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall medical sensors and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Increasing adoption of sensors in portable and connected medical devices, growing elderly population and increasing life expectancy, rising demand for wearable medical devices, surging adoption of IoT-based medical devices, and burgeoning expenditure on healthcare), restraints (Low penetration of medical devices in developing countries, and complexity in designing compatible medical sensors), opportunities (Advancements in sensors and digital technologies, growth outlook of healthcare industry, and increased adoption of surgical robots), and challenges (Stringent regulatory environment and requirement of product approvals, and data leakages associated with connected medical devices) influencing the growth of the medical sensors market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the medical sensors market
  • Market Development: Comprehensive information about lucrative markets - the report analyses the medical sensors market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the medical sensors market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like TE Connectivity (Switzerland), Medtronic (Ireland), Analog Devices, Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), Tekscan, Inc. (US), NXP Semiconductors (Netherlands), Sensirion AG (Switzerland), ON Semiconductor Corporation (US), and Amphenol Corporation (US) are the key players in the medical sensors market. Koninklijke Philips N.V. (Netherlands), ams-OSRAM AG (Austria), Abbott (US), Honeywell International Inc. (US), Cirtec (US), Innovative Sensor Technology IST AG (Switzerland), among others in the medical sensors market strategies. The report also helps stakeholders understand the pulse of the medical sensors market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Inclusions and Exclusions
1.3.2 Markets Covered
Figure 1 Medical Sensors Market Segmentation
1.3.3 Regional Scope
1.3.4 Years Considered
1.4 Currency Considered
1.5 Units Considered
1.6 Stakeholders
1.7 Summary of Changes
1.8 Recession Impact
2 Research Methodology
2.1 Research Data
Figure 2 Medical Sensors Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Participants in Primary Interviews
2.1.2.2 Key Data from Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown of Primaries
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
Figure 3 Research Flow for Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Estimating Market Size by Bottom-Up Analysis (Demand Side)
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
2.2.2 Top-Down Approach
2.2.2.1 Approach for Estimating Market Size by Top-Down Analysis (Supply Side)
Figure 5 Approach for Market Size Estimation from Supply Side
Figure 6 Market Size Estimation Methodology: Top-Down Approach
2.3 Market Breakdown and Data Triangulation
Figure 7 Data Triangulation: Medical Sensors Market
2.4 Research Assumptions
2.5 Parameters for Analyzing Recession Impact on Medical Sensors Market
2.6 Risk Assessment
2.7 Research Limitations
3 Executive Summary
Figure 8 Temperature Sensors to Account for Largest Share of Medical Sensors Market During Forecast Period
Figure 9 Patient Monitoring Devices to Account for Largest Share of Medical Sensors Market During Forecast Period
Figure 10 Noninvasive Medical Procedure to Hold Largest Share of Medical Sensors Market During Forecast Period
Figure 11 Class II Devices Segment to Register Highest Growth During Forecast Period
Figure 12 Hospitals & Clinics Segment to Account for Largest Share of Medical Sensors Market During Forecast Period
Figure 13 Asia-Pacific Medical Sensors Market to Exhibit Highest Growth During Forecast Period
4 Premium Insights
4.1 Major Opportunities for Players in Medical Sensors Market
Figure 14 Increasing Adoption of IoT-based Medical Devices to Drive Growth of Medical Sensors Market
4.2 Medical Sensors Market, by Medical Procedure
Figure 15 Noninvasive Medical Procedure to Account for Largest Share of Medical Sensors Market During Forecast Period
4.3 Medical Sensors Market, by Medical Device Classification
Figure 16 Class II Medical Devices to Dominate Medical Sensors Market During Forecast Period
4.4 Medical Sensors Market, by Medical Facility
Figure 17 Hospitals & Clinics to Account for Largest Share of Medical Sensors Market During Forecast Period
4.5 Medical Sensors Market, by Sensor Type
Figure 18 Temperature Sensors to Account for Largest Share of Medical Sensors Market During Forecast Period
4.6 Medical Sensors Market in Asia-Pacific, by End-use Product and Country
Figure 19 China to Account for Largest Share of Medical Sensors Market in Asia-Pacific
4.7 Medical Sensors Market, by End-use Product
Figure 20 Patient Monitoring Devices Segment to Dominate Medical Sensors Market
4.8 Medical Sensors Market, by Country
Figure 21 India to Register Highest CAGR During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 22 Medical Sensors Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Increasing Adoption of Sensors in Portable and Connected Medical Devices
5.2.1.2 Growing Elderly Population and Increasing Life Expectancy
5.2.1.3 Rising Demand for Wearable Medical Devices
5.2.1.4 Surging Adoption of IoT-based Medical Devices
5.2.1.5 Burgeoning Expenditure on Healthcare
Figure 23 Healthcare Expenditure as a Percentage of GDP for 1995, 2005, 2014, and 2024
Figure 24 Impact of Drivers on Medical Sensors Market
5.2.2 Restraints
5.2.2.1 Low Penetration of Medical Devices in Developing Countries
5.2.2.2 Complexity in Designing Compatible Medical Sensors
Figure 25 Impact of Restraints on Medical Sensors Market
5.2.3 Opportunities
5.2.3.1 Advancements in Sensors and Digital Technologies
5.2.3.2 Growth Outlook of Healthcare Industry
5.2.3.3 Increased Adoption of Surgical Robots
Figure 26 Impact of Opportunities on Medical Sensors Market
5.2.4 Challenges
5.2.4.1 Stringent Regulatory Environment and Requirement of Product Approvals
5.2.4.2 Data Leakages Associated with Connected Medical Devices
Figure 27 Impact of Challenges on Medical Sensors Market
5.3 Trends/Disruptions Impacting Customer Business
Figure 28 Trends Influencing Medical Sensor Business Owners
5.4 Pricing Analysis
Figure 29 Average Selling Price (ASP) of Medical Sensors, by Sensor Type, 2020-2029 (USD)
Table 1 Average Selling Price (ASP) of Medical Sensors, by Sensor Type, 2020-2029 (USD)
Table 2 Average Selling Price of Medical Sensors, by Sensor Type, 2024
5.5 Value Chain Analysis
Figure 30 Medical Sensors Market: Value Chain Analysis
5.6 Ecosystem Analysis
Figure 31 Medical Sensors Market: Ecosystem Analysis
Table 3 Medical Sensors Market: Role of Players in Ecosystem
5.7 Investment and Funding Scenario
Figure 32 Funds Acquired by Companies in Medical Sensors Market
5.8 Technology Trends
5.8.1 Surgical Robots
5.8.2 IoT-based Medical Devices
5.8.3 AI-based Medical Devices
5.9 Case Study Analysis
5.9.1 Zoll Medical Developed Palm-Sized Cpr Device Using Motion Sensors by Analog Devices
5.9.2 Peak Sensors Offered Error-Free Temperature Sensors to an International Medical Company
5.9.3 Promet Optics Developed Flexible Optical Sensing Solution for an International Corporation
5.10 Patent Analysis
Figure 33 Samsung Electronics Registered Maximum Patent Applications in Last 10 Years
Table 4 Top 20 Patent Owners in Last 10 Years (US)
Figure 34 Number of Patents Granted, 2013-2023
5.10.1 Key Patents
Table 5 Major Patents in Medical Sensors Market
5.11 Trade Analysis
5.11.1 Import Scenario
Figure 35 Import Data for Products Covered Under HS Code 901813, by Country, 2018-2022 (USD Million)
5.11.2 Export Scenario
Figure 36 Export Data for Products Covered Under HS Code 901813, by Country, 2018-2022 (USD Million)
5.12 Tariff and Regulatory Landscape
5.12.1 Tariff Analysis
Table 6 Mfn Tariffs for HS Code 901813-Compliant Products Exported by US
Table 7 Mfn Tariffs for HS Code 901813-Compliant Products Exported by Japan
Table 8 Mfn Tariffs for HS Code 901813-Compliant Products Exported by Germany
Table 9 Mfn Tariffs for HS Code 901813-Compliant Products Exported by China
5.12.2 Regulatory Landscape
5.12.2.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Middle East & Africa: Regulatory Bodies, Government Agencies, and Other Organizations
5.13 Key Conferences and Events
Table 14 Medical Sensors Market: Conferences and Events, 2024-2025
5.14 Porter's Five Forces Analysis
Table 15 Impact of Porter's Five Forces on Medical Sensors Market
Figure 37 Medical Sensors Market: Porter's Five Forces Analysis
5.14.1 Threat of New Entrants
5.14.2 Threat of Substitutes
5.14.3 Bargaining Power of Suppliers
5.14.4 Bargaining Power of Buyers
5.14.5 Intensity of Competitive Rivalry
5.15 Key Stakeholders and Buying Criteria
5.15.1 Key Stakeholders in Buying Process
Figure 38 Influence of Stakeholders on Buying Process for Top Three End-use Products
Table 16 Influence of Stakeholders on Buying Process for Top Three End-use Products
5.15.2 Buying Criteria
Figure 39 Key Buying Criteria for Top Three End-use Products
Table 17 Key Buying Criteria for Top Three End-use Products
6 Medical Sensors Market, by End-use Product
6.1 Introduction
Figure 40 Medical Sensors Market, by End-use Product
Figure 41 Patient Monitoring Devices to Account for Largest Share of Medical Sensors Market During Forecast Period
Table 18 Medical Sensors Market, by End-use Products, 2020-2023 (USD Million)
Table 19 Medical Sensors Market, by End-use Products, 2024-2029 (USD Million)
6.2 Diagnostic Imaging Devices
6.2.1 Rising Demand for Improved Diagnosis to Drive Market
Table 20 Medical Sensors Market for Diagnostic Imaging Devices, by Region, 2020-2023 (USD Million)
Table 21 Medical Sensors Market for Diagnostic Imaging Devices, by Region, 2024-2029 (USD Million)
6.3 Patient Monitoring Devices
6.3.1 Increasing Demand for Portable Medical Devices to Boost Market
Table 22 Medical Sensors Market for Patient Monitoring Devices, by Region, 2020-2023 (USD Million)
Table 23 Medical Sensors Market for Patient Monitoring Devices, by Region, 2024-2029 (USD Million)
6.4 Medical Implantable Devices
6.4.1 Increasing Cases of Cardiac and Neurological Disorders to Drive Market
Table 24 Medical Sensors Market for Implantable Devices, by Region, 2020-2023 (USD Million)
Table 25 Medical Sensors Market for Implantable Devices, by Region, 2024-2029 (USD Million)
6.5 Other End-use Products
Table 26 Medical Sensors Market for Other End-use Products, by Region, 2020-2023 (USD Million)
Table 27 Medical Sensors Market for Other End-use Products, by Region, 2024-2029 (USD Million)
7 Medical Sensors Market, by Medical Device Classification
7.1 Introduction
Figure 42 Medical Sensors Market, by Medical Device Classification
Figure 43 Medical Sensors Market for Class II Devices to Register Highest Growth During Forecast Period
Table 28 Medical Sensors Market, by Medical Device Classification, 2020-2023 (USD Million)
Table 29 Medical Sensors Market, by Medical Device Classification, 2024-2029 (USD Million)
Table 30 Distribution of Sensors in Class I, Class II, and Class III Medical Devices According to Fda Guidelines for Classification of Medical Devices
7.2 Class I
7.3 Class II
7.4 Class III
8 Medical Sensors Market, by Medical Facility
8.1 Introduction
Figure 44 Medical Sensors Market, by Medical Facility
Figure 45 Hospitals & Clinics Segment to Hold Largest Share of Medical Sensors Market During Forecast Period
Table 31 Medical Sensors Market, by Medical Facility, 2020-2023 (USD Million)
Table 32 Medical Sensors Market, by Medical Facility, 2024-2029 (USD Million)
8.2 Hospitals & Clinics
8.2.1 Need to Integrate Devices with Information Systems and Handle Large Amounts of Patient Data to Drive Market
Table 33 Medical Sensors Market for Hospitals & Clinics, by Region, 2020-2023 (USD Million)
Table 34 Medical Sensors Market for Hospitals & Clinics, by Region, 2024-2029 (USD Million)
8.3 Nursing Homes, Assisted Living Facilities, Long-Term Care Centers, and Home Care Settings
8.3.1 Rising Number of People Suffering from Chronic Diseases to Drive Market
Table 35 Medical Sensors Market for Nursing Homes, Assisted Living Facilities, Long-Term Care Centers, and Home Care Settings, by Region, 2020-2023 (USD Million)
Table 36 Medical Sensors Market for Nursing Homes, Assisted Living Facilities, Long-Term Care Centers, and Home Care Settings, by Region, 2024-2029 (USD Million)
8.4 Other Medical Facilities
Table 37 Medical Sensors Market for Other Medical Facilities, by Region, 2020-2023 (USD Million)
Table 38 Medical Sensors Market for Other Medical Facilities, by Region, 2024-2029 (USD Million)
9 Medical Sensors Market, by Medical Procedure
9.1 Introduction
Figure 46 Medical Sensors Market, by Medical Procedure
Figure 47 Medical Sensors Market for Noninvasive Procedure to Account for Largest Share During Forecast Period
Table 39 Medical Sensors Market, by Medical Procedure, 2020-2023 (USD Million)
Table 40 Medical Sensors Market, by Medical Procedure, 2024-2029 (USD Million)
9.2 Noninvasive Medical Procedures
9.2.1 Increasing Adoption of Advanced Patient Monitoring Devices to Drive Market
Table 41 Medical Sensors Market for Noninvasive Medical Procedures, by Region, 2020-2023 (USD Million)
Table 42 Medical Sensors Market for Noninvasive Medical Procedures, by Region, 2024-2029 (USD Million)
9.3 Minimally Invasive Medical Procedures
9.3.1 Increasing Healthcare Expenditure to Drive Market
Table 43 Medical Sensors Market for Minimally Invasive Medical Procedures, by Region, 2020-2023 (USD Million)
Table 44 Medical Sensors Market for Minimally Invasive Medical Procedures, by Region, 2024-2029 (USD Million)
9.4 Invasive Medical Procedures
9.4.1 Increased Adoption of Implantable Devices and Advent of Iomt to Boost Market
Table 45 Medical Sensors Market for Invasive Medical Procedures, by Region, 2020-2023 (USD Million)
Table 46 Medical Sensors Market for Invasive Medical Procedures, by Region, 2024-2029 (USD Million)
10 Medical Sensors Market, by Sensor Type
10.1 Introduction
Figure 48 Temperature Sensors to Account for Largest Share of Medical Sensors Market During Forecast Period
Table 47 Medical Sensors Market, by Sensor Type, 2020-2023 (USD Million)
Table 48 Medical Sensors Market, by Sensor Type, 2024-2029 (USD Million)
Table 49 Medical Sensors Market, by Sensor Type, 2020-2023 (Million Unit)
Table 50 Medical Sensors Market, by Sensor Type, 2024-2029 (Million Unit)
10.2 Temperature Sensors
10.2.1 Increased Adoption in Imaging Devices, Patient Monitoring Devices, and Medical Implantable Devices to Drive Growth
Table 51 Temperature Sensors Market, by Region, 2020-2023 (USD Million)
Table 52 Temperature Sensors Market, by Region, 2024-2029 (USD Million)
10.3 Pressure Sensors
10.3.1 Enhanced Patient Care and Reduced Costs to Drive Market
Table 53 Pressure Sensors Market, by Region, 2020-2023 (USD Million)
Table 54 Pressure Sensors Market, by Region, 2024-2029 (USD Million)
10.4 Blood Glucose Sensors
10.4.1 Increasing Patients of Diabetes, Heart, and Kidney Problems to Drive Growth
Table 55 Blood Glucose Sensors Market, by Region, 2020-2023 (USD Million)
Table 56 Blood Glucose Sensors Market, by Region, 2024-2029 (USD Million)
10.5 Blood Oxygen Sensors
10.5.1 Increasing Demand for Blood Oxygen Sensors on Hemodynamic Monitors to Drive Market
Table 57 Blood Oxygen Sensors Market, by Region, 2020-2023 (USD Million)
Table 58 Blood Oxygen Sensors Market, by Region, 2024-2029 (USD Million)
10.6 Electrocardiogram (ECG) Sensors
10.6.1 Development of Advanced Products for Monitoring Cardiac Activity to Drive Market
Table 59 ECG Sensors Market, by Region, 2020-2023 (USD Million)
Table 60 ECG Sensors Market, by Region, 2024-2029 (USD Million)
10.7 Image Sensors
10.7.1 Increasing Demand for Imaging Devices to Drive Growth
Table 61 Image Sensors Market, by Region, 2020-2023 (USD Million)
Table 62 Image Sensors Market, by Region, 2024-2029 (USD Million)
10.8 Motion Sensors
10.8.1 Increased Adoption of Mems Sensors for Surgical Navigation Systems to Drive Growth
Table 63 Motion Sensors Market, by Region, 2020-2023 (USD Million)
Table 64 Motion Sensors Market, by Region, 2024-2029 (USD Million)
10.9 Heart Rate Sensors
10.9.1 Rising Adoption of Heart Rate Sensors in Personal Activity Monitors to Drive Market
Table 65 Heart Rate Sensors Market, by Region, 2020-2023 (USD Million)
Table 66 Heart Rate Sensors Market, by Region, 2024-2029 (USD Million)
10.10 Flow Sensors
10.10.1 Surging Demand for Ventilators and Respiratory Devices to Drive Growth
Table 67 Flow Sensors Market, by Region, 2020-2023 (USD Million)
Table 68 Flow Sensors Market, by Region, 2024-2029 (USD Million)
Table 69 Flow Sensors Market, by Sensor Type, 2020-2023 (USD Million)
Table 70 Flow Sensors Market, by Sensor Type, 2024-2029 (USD Million)
Table 71 Ventilator Sensors Market, by Sensor Type, 2020-2023 (USD Million)
Table 72 Ventilator Sensors Market, by Sensor Type, 2024-2029 (USD Million)
10.11 Ingestible Sensors
10.11.1 Emergence of Advanced Diagnostic Imaging Technologies to Drive Growth
Table 73 Ingestible Sensors Market, by Region, 2020-2023 (USD Million)
Table 74 Ingestible Sensors Market, by Region, 2024-2029 (USD Million)
10.12 Touch Sensors
10.12.1 Rising Demand for Devices Equipped with Touchscreen Technology to Drive Market
Table 75 Touch Sensors Market, by Region, 2020-2023 (USD Million)
Table 76 Touch Sensors Market, by Region, 2024-2029 (USD Million)
10.13 Piezo Film Sensors
10.13.1 Rising Number of Sleep Apnea Cases to Drive Market
Table 77 Piezo Film Sensors Market, by Region, 2020-2023 (USD Million)
Table 78 Piezo Film Sensors Market, by Region, 2024-2029 (USD Million)
10.14 Position Sensors
10.14.1 Rising Demand for Imaging Devices to Drive Market
Table 79 Position Sensors Market, by Region, 2020-2023 (USD Million)
Table 80 Position Sensors Market, by Region, 2024-2029 (USD Million)
11 Medical Sensors Market, by Region
11.1 Introduction
Figure 49 Medical Sensors Market Segmentation, by Region
Figure 50 Asia-Pacific Market to Record Highest CAGR During Forecast Period
Table 81 Medical Sensors Market, by Region, 2020-2023 (USD Million)
Table 82 Medical Sensors Market, by Region, 2024-2029 (USD Million)
11.2 Americas
Table 83 Medical Sensors Market in Americas, by Region, 2020-2023 (USD Million)
Table 84 Medical Sensors Market in Americas, by Region, 2024-2029 (USD Million)
Table 85 Medical Sensors Market in Americas, by Sensor Type, 2020-2023 (USD Million)
Table 86 Medical Sensors Market in Americas, by Sensor Type, 2024-2029 (USD Million)
Table 87 Medical Sensors Market in Americas, by End-use Product, 2020-2023 (USD Million)
Table 88 Medical Sensors Market in Americas, by End-use Product, 2024-2029 (USD Million)
Table 89 Medical Sensors Market in Americas, by Medical Facility, 2020-2023 (USD Million)
Table 90 Medical Sensors Market in Americas, by Medical Facility, 2024-2029 (USD Million)
11.2.1 Americas: Impact of Recession
Figure 51 Analysis of Medical Sensors Market in Americas: Pre- and Post-Recession Scenarios
11.2.2 North America
Figure 52 North America: Medical Sensors Market Snapshot
Table 91 Medical Sensors Market in North America, by Country, 2020-2023 (USD Million)
Table 92 Medical Sensors Market in North America, by Country, 2024-2029 (USD Million)
Table 93 Medical Sensors Market in North America, by End-use Product, 2020-2023 (USD Million)
Table 94 Medical Sensors Market in North America, by End-use Product, 2024-2029 (USD Million)
Table 95 Medical Sensors Market in North America, by Medical Facility, 2020-2023 (USD Million)
Table 96 Medical Sensors Market in North America, by Medical Facility, 2024-2029 (USD Million)
11.2.2.1 US
11.2.2.1.1 Growing Elderly Population and Rising Adoption of Advanced Medical Devices to Drive Market Growth
11.2.2.2 Canada
11.2.2.2.1 Imports Accounting for Significant Share of Medical Sensors Market in Canada
11.2.2.3 Mexico
11.2.2.3.1 Government Initiatives on Healthcare to Drive Growth
11.2.3 South America
Figure 53 South America: Medical Sensors Market Snapshot
Table 97 Medical Sensors Market in South America, by Country, 2020-2023 (USD Million)
Table 98 Medical Sensors Market in South America, by Country, 2024-2029 (USD Million)
Table 99 Medical Sensors Market in South America, by End-use Product, 2020-2023 (USD Million)
Table 100 Medical Sensors Market in South America, by End-use Product, 2024-2029 (USD Million)
Table 101 Medical Sensors Market in South America, by Medical Facility, 2020-2023 (USD Million)
Table 102 Medical Sensors Market in South America, by Medical Facility, 2024-2029 (USD Million)
11.2.3.1 Brazil
11.2.3.1.1 Healthcare Initiatives Driving Market Growth in Brazil
11.2.3.2 Argentina
11.2.3.2.1 Increased Healthcare Expenditure to Drive Market
11.2.3.3 Rest of South America
11.3 Europe
Figure 54 Europe: Medical Sensors Market Snapshot
Table 103 Medical Sensors Market in Europe, by Country, 2020-2023 (USD Million)
Table 104 Medical Sensors Market in Europe, by Country, 2024-2029 (USD Million)
Table 105 Medical Sensors Market in Europe, by Sensor Type, 2020-2023 (USD Million)
Table 106 Medical Sensors Market in Europe, by Sensor Type, 2024-2029 (USD Million)
Table 107 Medical Sensors Market in Europe, by End-use Product, 2020-2023 (USD Million)
Table 108 Medical Sensors Market in Europe, by End-use Product, 2024-2029 (USD Million)
Table 109 Medical Sensors Market in Europe, by Medical Facility, 2020-2023 (USD Million)
Table 110 Medical Sensors Market in Europe, by Medical Facility, 2024-2029 (USD Million)
11.3.1 Europe: Impact of Recession
Figure 55 Analysis of Medical Sensors Market in Europe: Pre- and Post-Recession Scenarios
11.3.2 Germany
11.3.2.1 Digitization, Improved Connectivity, and Healthcare Funding to Drive Demand
11.3.3 Uk
11.3.3.1 Increasing Per Capita Expenditure on Healthcare to Boost Market Growth
11.3.4 France
11.3.4.1 Growing Expenditure on Healthcare to Drive Market in France
11.3.5 Italy
11.3.5.1 Presence of Several Local Manufacturers to Boost Market Growth
11.3.6 Spain
11.3.6.1 Presence of Small and Medium-Sized Companies to Support Market
11.3.7 Rest of Europe
11.4 Asia-Pacific
Figure 56 Asia-Pacific: Medical Sensors Market Snapshot
Table 111 Medical Sensors Market in Asia-Pacific, by Country, 2020-2023 (USD Million)
Table 112 Medical Sensors Market in Asia-Pacific, by Country, 2024-2029 (USD Million)
Table 113 Medical Sensors Market in Asia-Pacific, by Sensor Type, 2020-2023 (USD Million)
Table 114 Medical Sensors Market in Asia-Pacific, by Sensor Type, 2024-2029 (USD Million)
Table 115 Medical Sensors Market in Asia-Pacific, by End-use Product, 2020-2023 (USD Million)
Table 116 Medical Sensors Market in Asia-Pacific, by End-use Product, 2024-2029 (USD Million)
Table 117 Medical Sensors Market in Asia-Pacific, by Medical Facility, 2020-2023 (USD Million)
Table 118 Medical Sensors Market in Asia-Pacific, by Medical Facility, 2024-2029 (USD Million)
11.4.1 Asia-Pacific: Impact of Recession
Figure 57 Analysis of Medical Sensors Market in Asia-Pacific: Pre- and Post-Recession Scenarios
11.4.2 China
11.4.2.1 Surging Adoption of Advanced Technologies in Healthcare to Drive Market Growth
11.4.3 Japan
11.4.3.1 Rapidly Growing Elderly Population to Boost Market in Japan
11.4.4 South Korea
11.4.4.1 Imports to Account for Major Share of Market in South Korea
11.4.5 India
11.4.5.1 Growth in Medical Tourism to Support Market Growth
11.4.6 Rest of Asia-Pacific
11.5 Middle East & Africa
Table 119 Medical Sensors Market in Middle East & Africa, by Region, 2020-2023 (USD Million)
Table 120 Medical Sensors Market in Middle East & Africa, by Region, 2024-2029 (USD Million)
Table 121 Medical Sensors Market in Middle East & Africa, by Sensor Type, 2020-2023 (USD Million)
Table 122 Medical Sensors Market in Middle East & Africa, by Sensor Type, 2024-2029 (USD Million)
Table 123 Medical Sensors Market in Middle East & Africa, by End-use Product, 2020-2023 (USD Million)
Table 124 Medical Sensors Market in Middle East & Africa, by End-use Product, 2024-2029 (USD Million)
Table 125 Medical Sensors Market in Middle East & Africa, by Medical Facility, 2020-2023 (USD Million)
Table 126 Medical Sensors Market in Middle East & Africa, by Medical Facility, 2024-2029 (USD Million)
11.5.1 Middle East & Africa: Impact of Recession
Figure 58 Analysis of Medical Sensors Market in Middle East & Africa: Pre- and Post-Recession Scenarios
11.5.2 Gcc Countries
11.5.2.1 Promotion of Domestic Electronics Manufacturing to Support Market
11.5.3 Rest of Middle East & Africa
11.5.3.1 Focus on Improving Medical Infrastructure to Drive Demand
12 Competitive Landscape
12.1 Overview
12.1.1 Introduction
12.2 Strategies Adopted by Key Players
Table 127 Overview of Strategies Adopted by Key Players in Medical Sensors Market
12.3 Revenue Analysis of Top Five Players
Figure 59 Three-Year Revenue Analysis of Top Market Players, 2021-2023
12.4 Market Share Analysis
Table 128 Medical Sensors Market: Degree of Competition
Table 129 Medical Sensors Market: Ranking of Key Players
Figure 60 Market Share Analysis of Key Players, 2023
12.5 Company Valuation and Financial Metrics
12.5.1 Valuation and Financial Metrics of Key Players in Medical Sensors Market
12.5.2 EV/Ebitda of Key Players
12.6 Brand/Product Comparison
12.6.1 Medical Sensors Market: Top Trending Brand/Products
12.7 Company Evaluation Matrix
12.7.1 Stars
12.7.2 Emerging Leaders
12.7.3 Pervasive Players
12.7.4 Participants
Figure 61 Medical Sensors Market: Company Evaluation Matrix, 2023
12.7.5 Company Footprint
Table 130 Company Sensor Type Footprint
Table 131 Company Medical Procedure Footprint
Table 132 Company Medical Device Classification Footprint
Table 133 Company End-use Product Footprint
Table 134 Company Region Footprint
Figure 62 Company Overall Footprint
12.8 Start-Up/SME Evaluation Matrix
12.8.1 Progressive Companies
12.8.2 Responsive Companies
12.8.3 Dynamic Companies
12.8.4 Starting Blocks
Figure 63 Medical Sensors Market: Start-Up/SME Evaluation Matrix, 2023
12.8.5 Competitive Benchmarking
Table 135 Medical Sensors Market: Key Start-Ups/SMEs
12.8.6 Start-Up/SME Footprint
Table 136 Start-Up/SME Sensor Type Footprint (7 Companies)
Table 137 Start-Up/SME Medical Procedure Footprint (7 Companies)
Table 138 Start-Up/SME Medical Device Classification Footprint (7 Companies)
Table 139 Start-Up/SME Company End-use Product Footprint (7 Companies)
Table 140 Start-Up/SME Company Region Footprint (7 Companies)
Figure 64 Start-Up/SME Overall Footprint
12.9 Competitive Scenario and Trends
12.9.1 Product Launches/Developments
Table 141 Medical Sensors Market: Product Launches/Developments, January 2021-November 2023
12.9.2 Deals
Table 142 Medical Sensors Market: Deals, January 2021-November 2023
13 Company Profiles
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, Weakness/Competitive Threats)*
13.1 Introduction
13.2 Key Players
13.2.1 Te Connectivity
Table 143 Te Connectivity: Business Overview
Figure 65 Te Connectivity: Company Snapshot
Table 144 Te Connectivity: Products/Solution/Services Offered
Table 145 Te Connectivity: Others, January 2021-November 2023
13.2.2 Medtronic
Table 146 Medtronic: Business Overview
Figure 66 Medtronic: Company Snapshot
Table 147 Medtronic: Products/Solution/Services Offered
Table 148 Medtronic: Product Launches, January 2021-November 2023
Table 149 Medtronic: Deals, January 2021-November 2023
13.2.3 Analog Devices, Inc.
Table 150 Analog Devices, Inc.: Company Overview
Figure 67 Analog Devices, Inc.: Company Snapshot
Table 151 Analog Devices, Inc.: Products/Solution/Services Offered
Table 152 Analog Devices, Inc.: Deals, January 2021-November 2023
Table 153 Analog Devices, Inc.: Others, January 2021-November 2023
13.2.4 Texas Instruments Incorporated
Table 154 Texas Instruments Incorporated: Company Overview
Figure 68 Texas Instruments Incorporated: Company Snapshot
Table 155 Texas Instruments Incorporated: Products/Solution/Services Offered
13.2.5 Stmicroelectronics
Table 156 Stmicroelectronics: Company Overview
Figure 69 Stmicroelectronics: Company Snapshot
Table 157 Stmicroelectronics: Products/Solution/Services Offered
Table 158 Stmicroelectronics: Deals, January 2021-November 2023
Table 159 Stmicroelectronics: Others, January 2021-November 2023
13.2.6 Tekscan, Inc.
Table 160 Tekscan, Inc.: Company Overview
Table 161 Tekscan, Inc.: Products/Solution/Services Offered
Table 162 Tekscan, Inc.: Product Launches, January 2021-November 2023
Table 163 Tekscan, Inc.: Deals, January 2021-November 2023
13.2.7 Nxp Semiconductors
Table 164 Nxp Semiconductors: Business Overview
Figure 70 Nxp Semiconductors: Company Snapshot
Table 165 Nxp Semiconductors: Products/Solution/Services Offered
Table 166 Nxp Semiconductors: Product Launches, January 2021-November 2023
Table 167 Nxp Semiconductors: Deals, January 2021-November 2023
13.2.8 Sensirion AG
Table 168 Sensirion AG: Company Overview
Figure 71 Sensirion AG: Company Snapshot
Table 169 Sensirion AG: Products/Solution/Services Offered
Table 170 Sensirion AG: Product Launches, January 2021-November 2023
Table 171 Sensirion AG: Deals, January 2021-November 2023
13.2.9 On Semiconductor Corporation
Table 172 On Semiconductor Corporation: Business Overview
Figure 72 On Semiconductor Corporation: Company Snapshot
Table 173 On Semiconductor Corporation: Products/Solution/Services Offered
Table 174 On Semiconductor Corporation: Deals, January 2021-November 2023
13.2.10 Amphenol Corporation
Table 175 Amphenol Corporation: Company Overview
Figure 73 Amphenol Corporation: Company Snapshot
Table 176 Amphenol Corporation: Products/Solution/Services Offered
Table 177 Amphenol Corporation: Product Launches, January 2021-November 2023
13.3 Other Players
13.3.1 Koninklijke Philips N.V.
13.3.2 Ams-Osram AG
13.3.3 Abbott
13.3.4 Honeywell International Inc.
13.3.5 Cirtec
13.3.6 Innovative Sensor Technology Ist AG
13.3.7 Keller Druckmesstechnik AG
13.3.8 Omnivision
13.3.9 Merit Medical Systems, Inc.
13.3.10 Infineon Technologies AG
13.3.11 Masimo
13.3.12 Vivalnk, Inc.
13.3.13 Microchip Technology Inc.
13.3.14 Siemens Healthineers AG
13.3.15 Renesas Electronics Corporation
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, Weakness/Competitive Threats)* Might Not be Captured in Case of Unlisted Companies
14 Appendix
14.1 Discussion Guide
14.2 Knowledgestore: The Subscription Portal
14.3 Customization Options

Companies Mentioned

  • Te Connectivity
  • Medtronic
  • Analog Devices, Inc.
  • Texas Instruments Incorporated
  • Stmicroelectronics
  • Tekscan, Inc.
  • Nxp Semiconductors
  • Sensirion AG
  • On Semiconductor Corporation
  • Amphenol Corporation
  • Koninklijke Philips N.V.
  • Ams-Osram AG
  • Abbott
  • Honeywell International Inc.
  • Cirtec
  • Innovative Sensor Technology Ist AG
  • Keller Druckmesstechnik AG
  • Omnivision
  • Merit Medical Systems, Inc.
  • Infineon Technologies AG
  • Masimo
  • Vivalnk, Inc.
  • Microchip Technology Inc.
  • Siemens Healthineers AG
  • Renesas Electronics Corporation

Methodology

Loading
LOADING...

Table Information