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Global Medical Sensors Market 2019-2023 - Product Image

Global Medical Sensors Market 2019-2023

  • ID: 4761581
  • Report
  • March 2019
  • Region: Global
  • 118 pages
  • TechNavio
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FEATURED COMPANIES

  • First Sensor AG
  • Medtronic
  • NXP Semiconductors
  • Smiths Group plc.
  • MORE
The rising demand for medical sensors in home care settings will trigger the growth of the market in the forthcoming years. The demand for medical sensors is further boosted by the increasing adoption of medical sensors among end-users such as home care settings. In addition, due to the rise in medical treatments in hospitals and clinics, patients are shifting from treatment in hospitals to home healthcare services. Furthermore, portable medical devices are further being adopted by the end-users because of the growing need for remote patient monitoring. As a result, the demand for medical sensors continues to grow as it eliminates the need for patients to frequently visit hospitals for checkups. The analysts have predicted that the medical sensors market will register a CAGR of 9% by 2023.

Market Overview

Increasing adoption of medical sensor technology

One of the growth drivers of the global medical sensors market is the increasing adoption of medical sensor technology. The increase in R&D activities, coupled with product innovations, has led to driving the global medical sensors market during the forecast period.

Lack of reimbursement policies

One of the challenges in the growth of the global medical sensors market is the lack of reimbursement policies. The lack of reimbursement policies provided by health insurance companies is leading to the low adoption of medical technologies such as medical sensors, thereby hindering the growth of the market.

For the detailed list of factors that will drive and challenge the growth of the medical sensors market during 2019-2023, view this report.

Competitive Landscape

The market appears to be moderately concentrated with the presence of a few market players. Vendors in the market are increasingly focusing on improving their distribution networks and ensuring the availability of medical sensors to end-users such as hospitals and clinics. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • First Sensor AG
  • Medtronic
  • NXP Semiconductors
  • Smiths Group plc.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY END-USER
  • Market segmentation by end-user
  • Comparison by end-user
  • Hospitals - Market size and forecast 2018-2023
  • Clinics - Market size and forecast 2018-2023
  • Home care settings - Market size and forecast 2018-2023
  • Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • Asia - Market size and forecast 2018-2023
  • ROW - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Increasing applications of wireless sensors and wearable detecting devices
  • Growing demand for digital medicine and sensor-enabled pills
  • Increasing industry developments
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • First Sensor AG
  • HONEYWELL INTERNATIONAL INC.
  • Medtronic
  • NXP Semiconductors
  • Smiths Group plc.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Global healthcare market
Exhibit 02: Segments of global healthcare market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: End-user - Market share 2018-2023 (%)
Exhibit 18: Comparison by end-user
Exhibit 19: Hospitals - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Hospitals - Year-over-year growth 2019-2023 (%)
Exhibit 21: Clinics - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Clinics - Year-over-year growth 2019-2023 (%)
Exhibit 23: Home care settings - Market size and forecast 2018-2023 ($ millions)
Exhibit 24: Home care settings - Year-over-year growth 2019-2023 (%)
Exhibit 25: Market opportunity by end-user
Exhibit 26: Customer landscape
Exhibit 27: Market share by geography 2018-2023 (%)
Exhibit 28: Geographic comparison
Exhibit 29: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: North America - Year-over-year growth 2019-2023 (%)
Exhibit 31: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 33: Asia - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: Asia - Year-over-year growth 2019-2023 (%)
Exhibit 35: ROW - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: ROW - Year-over-year growth 2019-2023 (%)
Exhibit 37: Key leading countries
Exhibit 38: Market opportunity
Exhibit 39: Impact of drivers and challenges
Exhibit 40: Vendor landscape
Exhibit 41: Landscape disruption
Exhibit 42: Vendors covered
Exhibit 43: Vendor classification
Exhibit 44: Market positioning of vendors
Exhibit 45: First Sensor AG - Vendor overview
Exhibit 46: First Sensor AG - Business segments
Exhibit 47: First Sensor AG - Organizational developments
Exhibit 48: First Sensor AG - Geographic focus
Exhibit 49: First Sensor AG - Segment focus
Exhibit 50: First Sensor AG - Key offerings
Exhibit 51: HONEYWELL INTERNATIONAL INC. - Vendor overview
Exhibit 52: HONEYWELL INTERNATIONAL INC. - Business segments
Exhibit 53: HONEYWELL INTERNATIONAL INC. - Organizational developments
Exhibit 54: HONEYWELL INTERNATIONAL INC. - Geographic focus
Exhibit 55: HONEYWELL INTERNATIONAL INC. - Segment focus
Exhibit 56: HONEYWELL INTERNATIONAL INC. - Key offerings
Exhibit 57: Medtronic - Vendor overview
Exhibit 58: Medtronic - Business segments
Exhibit 59: Medtronic - Organizational developments
Exhibit 60: Medtronic - Geographic focus
Exhibit 61: Medtronic - Segment focus
Exhibit 62: Medtronic - Key offerings
Exhibit 63: NXP Semiconductors - Vendor overview
Exhibit 64: NXP Semiconductors - Business segments
Exhibit 65: NXP Semiconductors - Organizational developments
Exhibit 66: NXP Semiconductors - Geographic focus
Exhibit 67: NXP Semiconductors - Segment focus
Exhibit 68: NXP Semiconductors - Key offerings
Exhibit 69: Smiths Group plc. - Vendor overview
Exhibit 70: Smiths Group plc. - Business segments
Exhibit 71: Smiths Group plc. - Organizational developments
Exhibit 72: Smiths Group plc. - Geographic focus
Exhibit 73: Smiths Group plc. - Segment focus
Exhibit 74: Smiths Group plc. - Key offerings
Exhibit 75: Validation techniques employed for market sizing
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • First Sensor AG
  • Medtronic
  • NXP Semiconductors
  • Smiths Group plc.
  • MORE
Global Medical Sensors Market 2019-2023

The analyst recognizes the following companies as the key players in the global medical sensors market: First Sensor AG, HONEYWELL INTERNATIONAL INC., Medtronic, NXP Semiconductors, and Smiths Group plc.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing applications of wireless sensors and wearable detecting devices.”

According to the report, one of the major drivers for this market is the increasing adoption of medical sensor technology.

Further, the report states that one of the major factors hindering the growth of this market is the lack of accuracy of medical sensors.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • First Sensor AG
  • HONEYWELL INTERNATIONAL INC.
  • Medtronic
  • NXP Semiconductors
  • Smiths Group plc.
Note: Product cover images may vary from those shown
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