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Global Disposable Medical Device Sensor Market, By Product, Monitoring, Application, By Region; Trend Analysis, Competitive Market Share & Forecast, 2020-2026

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  • 180 Pages
  • December 2020
  • Region: Global
  • Blueweave Consulting & Research Pvt Ltd
  • ID: 5235689
Global Disposable Medical Device Sensor Market is forecast to Touch USD by 2026, growing at a CAGR of from 2020 to 2026

According to the author, Disposable medical device sensors are handheld or portable scanning devices used for diagnostics or therapeutics and patient monitoring. These devices are used to display basic vital signs. One of the extensively used sensor devices is Scanadu, which is a small hand-held sensor and is located on the patient's forehead to measure heart rate, pulse transmit time, breathing rates, blood oxygenation levels, and temperatures. Market growth can be credited to the rising prevalence of diabetes and other communicable diseases across the globe, government support for research and development actions in medical sensors, various benefits such as faster analysis, low costs, ease of use, and increasing needs to limit rising healthcare costs. On the other hand, insufficient repayments, and clinical data requirements for various products in the market are expected to restrain the complete market development to a certain degree during the prediction period.

Growing Healthcare Industry is contributing to the development of Global Disposable Medical Devices Market

The rise in partnership between government and profit organizations for the development of technical, financial, and operational aspects of the healthcare industry such as the delivery of better health care services to wider areas and up-gradation of medical supplies and gear. The rise in technological up-gradation in the healthcare sector including the rise of new monitoring techniques and digital innovation also influences the market. The increasing request for these sensors for homes and clinics due to their portability and efficiency and the rise in the rate of chronic disease cases across the world such as cancer, circulatory diseases, kidney illnesses, and hospital-acquired infections hasten the market growth.

Patient Monitoring is expected to show rapid growth over the Forecast Period

Patient monitoring is one of the constantly growing markets and disposable sensors are majorly being used for patient monitoring. In the rural as well as urban areas of the emerging countries, there is a rising demand for in-home patient checking. This increasing demand is permitting the companies to utilize medical device sensors majorly for patient monitoring.

The use of sensors is getting popular as they avoid scope for human mistakes, which can prove fatal for some reasons. The medical institutions use a sophisticated set of sensors to create a monitoring system and have a greater significant value.

Therefore, the use of sensors is not limited to patient care as it is also used in monitoring the movement of pharmaceutical and other test materials about patients. This will support the market to a very high growth rate in the future.

Image sensors occupy the largest share of the Disposable Medical Device Sensor Market

The disposable medical device sensors market, by product, is divided into pressure sensors, accelerometers, biosensors, temperature sensors, image sensors, and others. The image sensors section is poised to cultivate at the uppermost CAGR in the forecast period. Development in this section can be credited to the fueled by the growing demand for CMOS image sensors and developing endoscopy products like camera pills and disposable endoscopes coupled with the growing number of endoscopic measures crosswise the globe.

North America is expected to witness significant growth in the market during the forecast period

North America is expected to control the market, the main factors credited to the growth of the market in the region are a technical advancement in inventive sensors development, and a high acceptance rate of sensors based devices in the region. The United States holds the largest market share due to the occurrence of key players in the market studied. The Asia Pacific is likely to register a high growth rate during the prediction period, due to government initiative in setting up of new hospitals and rising demand for sensor-based devices in-home care settings.

The leading players in the Global Disposable Medical Device Sensor Market includes, Koninklijke Philips N.V., Medtronic, NXP Semiconductors., Honeywell International Inc, Smiths Medical, GENERAL ELECTRIC COMPANY, Analog Devices, Inc., TE Connectivity., Sensirion AG, STMicroelectronics, OmniVision Technologies, Inc., MEMSIC Semiconductor (Tianjin) Co., Ltd., Olympus Corporation, Texas Instruments Incorporated., Renesas Electronics Corporation., Qualcomm Technologies, Inc., NovoSci, KATECHO, LLC., GENTAG, Inc., SSI Electronics and other prominent players are expanding their presence in the market by implementing various business strategies.

Don’t miss the business opportunity of the Global Disposable Medical Device Sensor Market. Consult our analysts, gain crucial insights, and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the Global Disposable Medical Device Sensor Market size & forecast. The report promises to provide recent technology trends of the Global Disposable Medical Device Sensor Market and industry insights that help decision-makers to make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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Table of Contents

1. Research Framework
1.1. Research objective
1.2. Product overview
1.3. Market Segmentation
2. Research Methodology
2.1. Qualitative Research
2.1.1. Primary & Secondary Sources
2.2. Quantitative Research
2.2.1. Primary & Secondary Sources
2.3. Breakdown of Primary Research Respondents, By Region
2.3.1. Secondary Research
2.3.2. Primary Research
2.4. Breakdown f Primary Research Respondents, By Industry Participants
2.5. Market Size Estimation
2.6. Assumption of the Study
2.7. Market Breakdown & Data Triangulating
3. Executive Summary
4. Global Disposable Medical Device Sensors Market - Industry Insights
4.1. DRC Analysis
4.1.1. Growth Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Recent Development
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Intensity of Rivalry
4.4. Impact of Covid-19 on Disposable Medical Device Sensors Industry
5. Global Disposable Medical Device Sensors Market overview
5.1. Market Size & Forecast, 2016-2026
5.1.1. By Value (USD Million)
5.1.2. By Volume (Million Unit)
5.2. Market Share & Forecast
5.2.1. By Product Biosensor Image sensor Accelerometer
5.2.2. By Monitoring Smart Pill Pulse oximeter
5.2.3. By Application Patient monitoring devices Constant blood pressure monitors Pulse oximeters Cardiac monitors Continuous glucose monitoring devices Implantable loop recorders Smart pills Others Diagnostic testing devices HIV test kits Pregnancy test kits Drug and alcohol test kits Blood glucose test strips Imaging devices Capsule endoscopes Disposable endoscopes Therapeutic devices Cardiac therapy devices Insulin pump sensors Dialysis device sensors Cardiac catheter sensors
5.2.4. By Region North America Europe Asia Pacific Latin America Middle East & Africa
6. North America Disposable Medical Device Sensors Market
6.1. Market Size & Forecast By Value, 2016-2026
6.1.1. By Value (USD Million)
6.1.2. By Volume (Million Units)
6.2. Market Share & Forecast
6.2.1. By Product
6.2.2. By Monitoring
6.2.3. By Application
6.2.4. By Country United States Canada
7. Europe Disposable Medical Device Sensors Market
7.1. Market Size & Forecast By Value, 2016-2026
7.1.1. By Value (USD Million)
7.1.2. By Volume (Million Units)
7.2. Market Share & Forecast
7.2.1. By Product
7.2.2. By Monitoring
7.2.3. By Application
7.2.4. By Country Germany United Kingdom France Spain Italy Rest of Europe
8. Asia Pacific Disposable Medical Device Sensors Market
8.1. Market Size & Forecast By Value, 2016-2026
8.1.1. By Value (USD Million)
8.1.2. By Volume (Million Units)
8.2. Market Share & Forecast
8.2.1. By Product
8.2.2. By Monitoring
8.2.3. By Application
8.2.4. By Country China India Japan South Korea Rest of APAC
9. Latin America Disposable Medical Device Sensors Market
9.1. Market Size & Forecast By Value, 2016-2026
9.1.1. By Value (USD Million)
9.1.2. By Volume (Million Units)
9.2. Market Share & Forecast
9.2.1. By Product
9.2.2. By Monitoring
9.2.3. By Application
9.2.4. By Country Brazil Mexico Argentina Rest of Latin America
10. Middle East & Africa Disposable Medical Device Sensors Market
10.1. Market Size & Forecast By Value, 2016-2026
10.1.1. By Value (USD Million)
10.1.2. By Volume (Million Units)
10.2. Market Share & Forecast
10.2.1. By Product
10.2.2. By Monitoring
10.2.3. By Application
10.2.4. By Country Saudi Arabia UAE South Africa Rest of MEA
11. Company Profile (Company overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic outlook) *
11.1. Koninklijke Philips N.V., Medtronic
11.2. NXP Semiconductors.
11.3. Honeywell International Inc
11.4. Smiths Medical
11.6. Analog Devices, Inc.
11.7. TE Connectivity.
11.8. Sensirion AG
11.9. STMicroelectronics
11.10. Omni Vision Technologies, Inc.
11.11. MEMSIC Semiconductor (Tianjin) Co., Ltd.
11.12. Olympus Corporation
11.13. Texas Instruments Incorporated.
11.14. Renesas Electronics Corporation.
11.15. Qualcomm Technologies, Inc.
11.16. NovoSci
11.17. KATECHO, LLC.
11.18. GENTAG, Inc.
11.19. SSI Electronics
11.20. Other Prominent Players

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Koninklijke Philips N.V.
  • Medtronic
  • NXP Semiconductors.
  • Honeywell International Inc
  • Smiths Medical
  • Analog Devices Inc.
  • TE Connectivity.
  • Sensirion AG
  • STMicroelectronics
  • OmniVision Technologies Inc.
  • MEMSIC Semiconductor (Tianjin) Co. Ltd.
  • Olympus Corporation
  • Texas Instruments Incorporated.
  • Renesas Electronics Corporation.
  • Qualcomm Technologies Inc.
  • NovoSci
  • GENTAG Inc.
  • SSI Electronic