Biomedical Sensors Market - Forecasts from 2018 to 2023

  • ID: 4542586
  • Report
  • 98 pages
  • Knowledge Sourcing Intelligence LLP
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FEATURED COMPANIES

  • Analog Devices, Inc.
  • First Sensor AG
  • Medtronic
  • Nonin Medical, Inc.
  • NXP Semiconductors
  • Smiths Group plc.
  • MORE
The global biomedical sensor market was valued at US$9.554 billion in 2017 and is projected to expand at a CAGR of 3.75% over the forecast period to reach US$11.912 billion by 2023. Biomedical sensors are tools that detect specific biological, chemical or physical processes and then transmit or report this data. They are often used to monitor the safety of medicines, food, environmental conditions and other substances we may encounter. Biomedical sensors have become ubiquitous in this new-age digitalized medical device. Rising emphasis on the development of wearable medical devices has propelled the medical market in the recent years. Breakthrough in the medical technology has enabled the commercial realization of a number of medical devices that were merely prototypes in the recent past. This has necessitated the increase use of sensors in this new age of medical devices. The advancement in Nanotechnology and micro technology has also played a significant role in building biomedical sensors which are tiny, robust, smart and cost-effective. However, there are certain challenges such as patient safety, discomfort caused due to electromagnetic fields, Ultraviolet rays, transfer energy from external to internal parts with high efficiency etc. which this market has to face and overcome in order to grow in the upcoming years.

By Type:

With repect to type, the global bimedical sensor market has been segmented as physical and chemical. Physical biomedical sensors hold the major share of the market.

By End User:

With respect to end users, the global market has been segmented as Hospitals & Clinics, Research labs, Diagnostic labs and Ambulatory care. The increasing usage of sensor-based medical devices in various hospitals and clinics, path labs and diagnostic labs have augmented the growth of medical devices which in turn have augmented the growth of biomedical sensor market.

By Application:

With respect to end applications, the global market has been segmented as Diagnostic, Medical Imaging and Monitoring. Usage of advanced medical devices in diagnostic and medical imaging to get accurate results have actuated the growth of biomedical sensor market.

By Geography:

Geographically, the Global Biomedical Sensor market is segmented as North America, Europe, Middle East & Africa, Asia-Pacific and South America. North America dominates the market in terms of value. High consumer awareness, high numbers of minimally- invasive surgeries every year and encouraging health care reimbursements are the major reasons that have resulted in the growth of biomedical sensor market in this region. Asia-Pacific is expected to expand at a steady pace over the forecast period owing to increasing numbers of patients of diabeties, respiratory and cardiovascular diseases. Rising disposable income across emerging economies like China, India are also fueling the demand for advanced medical devices with sensors.

Competitive Intelligence:

The global market for biomedical sensor is highly fragmented and highly competetive. Rising disposable income, Increasing awareness about devices with sensors and Increasing customer base across the world have led to vast growth opportunities for players in this market.

The global key players are Honeywell International, Inc., Stmicroelectronics N.V, First sensor AG, Medtronic, Smiths Group plc., Inc., Analog Devices, Inc., Texas Instruments, NXPSemiconductors., Lumasense Technologies, Inc., and Nonin Medical, Inc.

Segmentation:

The Global Biomedical Sensor market has been analyzed through following segments:

By Type:
Physical
Chemical

By End User:
Hospitals & Clinics
Research Labs
Diagnostic Labs
Ambulatory Care

By Application:
Diagnostic
Medical Imaging
Monitoring

By Geography:
North America
United States
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
Germany
France
Italy
United Kingdom
Others
Middle East and Africa
Israel
Saudi Arabia
UAE
Others
Asia Pacific
Japan
China
India
Australia
South Korea
Others
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Analog Devices, Inc.
  • First Sensor AG
  • Medtronic
  • Nonin Medical, Inc.
  • NXP Semiconductors
  • Smiths Group plc.
  • MORE
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. GLOBAL BIOMEDICAL SENSOR MARKET BY TYPE
5.1. Physical
5.2. Chemical

6. GLOBAL BIOMEDICAL SENSOR MARKET BY END USER
6.1. Hospitals & Clinics
6.2. Research Labs
6.3. Diagnostic Labs
6.4. Ambulatory Care

7. GLOBAL BIOMEDICAL SENSOR MARKET BY APPLICATION
7.1. Diagnostic
7.2. Medical Imaging
7.3. Monitoring

8. GLOBAL BIOMEDICAL SENSOR MARKET BY GEOGRAPHY
8.1. North America
8.1.1. United States
8.1.2. Canada
8.1.3. Mexico
8.1.4. Others
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. Italy
8.3.4. United Kingdom
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Israel
8.4.2. Saudi Arabia
8.4.3. UAE
8.4.4. Others
8.5. Asia Pacific
8.5.1. Japan
8.5.2. China
8.5.3. India
8.5.4. Australia
8.5.5. South Korea
8.5.6. Others

9. COMPETITIVE INTELLIGENCE
9.1. Recent Deals and Investment
9.2. Strategies of Key Players
9.3. Investment Analysis

10. COMPANY PROFILES
10.1. Honeywell International Inc.
10.1.1. Company Overview
10.1.2. Financials
10.1.3. Products and Services
10.1.4. SWOT Analysis
10.2. Stmelectronics N.V
10.2.1. Company Overview
10.2.2. Financials
10.2.3. Products and Services
10.2.4. SWOT Analysis
10.3. First Sensor AG
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products and Services
10.3.4. SWOT Analysis
10.4. Medtronic
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products and Services
10.4.4. SWOT Analysis
10.5. Smiths Group plc.
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Products and Services
10.5.4. SWOT Analysis
10.6. Analog Devices, Inc.
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Products and Services
10.6.4. SWOT Analysis
10.7. Texas Instruments
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Products and Services
10.7.4. SWOT Analysis
10.8. NXP Semiconductors
10.8.1. Company Overview
10.8.2. Financials
10.8.3. Products and Services
10.8.4. SWOT Analysis
10.9. LumaSense Technologies, Inc.
10.9.1. Company Overview
10.9.2. Financials
10.9.3. Products and Services
10.9.4. SWOT Analysis
10.10 Nonin Medical, Inc.
10.9.5. Company Overview
10.9.6. Financials
10.9.7. Products and Services
10.9.8. SWOT Analysis

LIST OF FIGURES
LIST OF TABLES
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  • Honeywell International Inc.
  • Stmelectronics N.V
  • First Sensor AG
  • Medtronic
  • Smiths Group plc.
  • Analog Devices, Inc.
  • Texas Instruments
  • NXP Semiconductors
  • LumaSense Technologies, Inc.
  • Nonin Medical, Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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