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World Disposable Medical Devices Sensors Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773473
Disposable medical devices sensors are handheld or portable scanning devices used for patient monitoring, diagnostics or therapeutics. These devices are used to monitor basic vital signs. One of the widely used sensor device is Scanadu, which is a small hand-held sensor and is positioned on the patients forehead to measure heart rate, breathing rates, blood oxygenation levels, pulse transmit time and temperatures. Scanadu has electrodes for measurements and works in combination with a mobile app. QuantuMDx Group; is developing a handheld DNA lab to analyse malarial symptoms. Ibis Biosciences, has developed a machine that can accurately identify upto~1,000 of the most common disease-causing bacteria, fungi and viruses within a few hours of collecting a patient’s blood sample. The measurements are carried out by comparing the genetic fingerprints of pathogens against a reference database.

Over the past few years, the disposable medical devices sensors market has gained traction; the market has witnessed vertical growth over the past few decades and this trend is expected to continue during the forecast period. Various factors such as the increasing incidences of hospital acquired infections, increasing healthcare expense, enhanced investments by venture capital firms to develop novel disposable medical devices sensors and government provisions for R&D activities are responsible for growth of this market. However, this growth may be hindered by factors such as stringent regulatory approval procedures accompanied by insufficient and irregular reimbursement for these medical devices.

Smart Pill Technology Sensors, will provide lucrative growth opportunities for companies as several key market players are collaborating and investing to launch novel products in the smart pill technology sensors market. Similarly, emerging economies such as the Asia-Pacific will present significant opportunities for various market players. Availability of skilled labor and technological advancements are two of the prime factors, which drive the growth of this market in the Asia-Pacific region.

The disposable medical devices sensors market, is a significantly fragmented market, as various market segments feature various leaders that function on expertise and different/exclusive product offerings. For example, the capsule endoscopes market is mainly dominated by Given Imaging, followed by Olympus Corporation. The major players in the disposable medical devices sensors market include Covidien Plc., Analog Devices, Inc., Freescale Semiconductor, Inc., Measurement Specialties, Given Imaging, Sensirion AG, Honeywell International, Inc., Medtronic, Smiths Medical, Philips Healthcare, GE Healthcare and ST Microelectronics, among others.

KEY BENEFITS

The analysis helps in understanding the strategies adopted by various companies for gaining a market share in the Disposable Medical Devices Sensors Market.
The report provides the quantitative analysis of the current market and estimations through 2014-2021 that assists in identifying the prevailing market opportunities to capitalize on
The report provides a comprehensive analysis of factors that drive and restrict the growth of the Disposable Medical Devices Sensors Market.
Detailed study of the strategies of key leaders, partnerships and acquisitions in the global transdermal drug delivery systems market would be informative for professionals in the corporate sector
Porter’s Five Forces analysis examines the competitive structure of the global transdermal drug delivery systems market and should assist market strategists in decision making.
Pin-point analysis of geographic segments, helps to identify opportunities for growth within the global Disposable Medical Devices Sensors Market
Identification of key investment pockets for Disposable Medical Devices Sensors Market provides strategic assistance to decision makers
An analysis for the market potential is conducted for various product seg

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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