The global disposable medical sensors market accounted for USD 11.29 billion in 2023 and is expected to reach at USD 72.78 billion by 2034 with a CAGR of 18.46% during the forecast period 2024-2034. Rising advancements in technology, increasing need for tracking health data, growing demand for affordable medical devices, surge in prevalence of chronic diseases, escalating healthcare costs, rising demand for diagnostic devices, increasing healthcare expenditure, growing demand for wearable & portable disposable medical sensor devices, surge in aging population, rising introduction of advanced devices, and increasing regulatory approvals for disposable medical sensor devices are some of the key factors boosting the market growth.
Increasing regulatory approval of disposable medical sensor devices is predicted to boost the market growth during the forecast period. Disposable medical sensors serve various purposes in the healthcare sector, functioning as pressure detectors, image sensors, temperature sensors, and more. These sensors contribute to precise disease monitoring, treatment, and diagnosis. Additionally, they enhance the safety and effectiveness of medical devices while simplifying their use. The emergence of disposable sensors and biosensors has significantly influenced the development of healthcare sensors. As a result, disposable medical sensors are favored by both patients and healthcare professionals for their ease of disease detection. For instance, in September 2023, Medtronic plc, a leading healthcare technology firm, has obtained CE (Conformité Européenne) Mark approval for its newest disposable Simplera continuous glucose monitor (CGM), featuring a simple two-step insertion process.
By product, biosensors was the highest revenue-grossing segment in the global disposable medical sensors market in 2023 owing to the increasing need for swift & precise diagnostic kits and rising trend in continuous patient monitoring. Biosensors, specialized sensors for detecting analytes, gather biological components through a physiochemical detector. These sensors detect and measure signals from the analyte, typically linking with electronics to display the received signals on the device. Additionally, image sensors is predicted to grow at the fastest CAGR during the forecast period owing to the rising uptake of X-ray imaging, endoscopy, minimally invasive surgery, & ocular surgery, surge in technological advancements, increasing demand for higher resolution, and growing introduction of advanced products. For instance, in November 2022, OmniVision, a developer of digital imaging solutions, has introduced its OH02B image sensor with a square resolution of two megapixels (1,500MP x 1,500MP) designed for both disposable and reusable endoscopes.
By type, strip sensors was the highest revenue-grossing segment in the global disposable medical sensors market in 2023 owing to the increasing use of strip sensors in blood glucose monitoring, disease testing, & magnetic nanoparticles, and growing demand for self-diagnosis and home-based medical devices. One additional advantage of strip sensors is their ability to provide faster results. Additionally, ingestible sensors is predicted to grow at the fastest CAGR during the forecast period owing to the rising prevalence of chronic diseases, increased demand for invasive diagnostic testing, growing investments in research & development, and surg in collaborations between companies. For instance, in April 2022, AARDEX Group, headquartered in Belgium, has revealed a strategic alliance with etectRx, Inc. This partnership integrates etectRx's smart pill, known as the ID-Cap System, with AARDEX Group's MEMS Adherence Software (MEMS AS) to monitor medication adherence behaviors. Together, they offer a comprehensive, accurate, and objective approach to measuring and overseeing adherence to solid dosage medications.
By application, diagnostic was the highest revenue-grossing segment in the global disposable medical sensors market in 2023 owing to the advancements in sensor technology, characterized by high speed & low cost, are facilitating quicker & more precise outcomes, heightened demand for wireless communication coupled with integrated biosensors within the diagnostic realm, increasing incidence of chronic diseases. Additionally, patient monitoring is predicted to grow at the fastest CAGR during the forecast period owing to the surge in technological advancements, growing demand for improved monitoring devices, rise in new product introductions, increasing adoption of medical sensors in patient monitoring devices such as blood pressure monitors & pulse oximeters, escalating investments in research & development, and increase in collaborative efforts between companies. For instance, in March 2022, Rockley Photonics Holdings Limited, a prominent player in photonics-based health monitoring and communications solutions, has announced a development partnership with Medtronic, a leading healthcare technology company. The partnership seeks to incorporate Rockley's recently unveiled Bioptx biomarker sensing platform into Medtronic's offerings for a range of healthcare uses.
By end-user, home care was the highest revenue-grossing segment in the global disposable medical sensors market in 2023 owing to the growing trend towards remote patient monitoring, as home-based care reduces the risk of hospital-acquired infections (HAIs) by utilizing single-patient disposable medical sensors. Additionally, hospitals is predicted to grow at the fastest CAGR during the forecast period owing to the rise in lifestyle-related disorders, heightened demand for efficient emergency treatment, and increasing introduction of innovative devices. For instance, in April 2022, Variohm EuroSensor has created a specialized NTC thermistor tailored for medical equipment applications, specifically targeting the detection of subtle temperature variations in both body and ambient medical environments.
North America region is anticipated for the highest revenue share during the forecast period owing to the significant healthcare expenditure, swift adoption of patient monitoring & homecare devices for continuous patient monitoring, aiming to reduce hospital visits, increasing utilization of mobile surgery centers, growing demand for efficient emergency care, and surge in advanced device launches. For instance, in February 2022, EnSilica has introduced the ENS62020, an ultra-low-power sensor interface integrated circuit (IC) designed for monitoring vital signs in wearable healthcare and medical devices. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the growing incidence of cardiac disorders, a higher demand for disposable medical sensors used at home, rapid adoption of advanced technologies and the emergence of innovative devices. For instance, in April 2023, Scientists have created an innovative wireless wearable resonator with PT-symmetric properties, capable of detecting tear glucose and blood lactate levels in the micromolar range. This resonator consists of an inductance-capacitance-resistance (LCR) reader and sensor, equipped with an enzyme-based chemiresistor. With a high quality (Q) factor, the setup exhibits remarkable sensitivity.
This comprehensive research report focuses on the global and regional market size and forecasts from 2023 to 2034.
Increasing regulatory approval of disposable medical sensor devices is predicted to boost the market growth during the forecast period. Disposable medical sensors serve various purposes in the healthcare sector, functioning as pressure detectors, image sensors, temperature sensors, and more. These sensors contribute to precise disease monitoring, treatment, and diagnosis. Additionally, they enhance the safety and effectiveness of medical devices while simplifying their use. The emergence of disposable sensors and biosensors has significantly influenced the development of healthcare sensors. As a result, disposable medical sensors are favored by both patients and healthcare professionals for their ease of disease detection. For instance, in September 2023, Medtronic plc, a leading healthcare technology firm, has obtained CE (Conformité Européenne) Mark approval for its newest disposable Simplera continuous glucose monitor (CGM), featuring a simple two-step insertion process.
By product, biosensors was the highest revenue-grossing segment in the global disposable medical sensors market in 2023 owing to the increasing need for swift & precise diagnostic kits and rising trend in continuous patient monitoring. Biosensors, specialized sensors for detecting analytes, gather biological components through a physiochemical detector. These sensors detect and measure signals from the analyte, typically linking with electronics to display the received signals on the device. Additionally, image sensors is predicted to grow at the fastest CAGR during the forecast period owing to the rising uptake of X-ray imaging, endoscopy, minimally invasive surgery, & ocular surgery, surge in technological advancements, increasing demand for higher resolution, and growing introduction of advanced products. For instance, in November 2022, OmniVision, a developer of digital imaging solutions, has introduced its OH02B image sensor with a square resolution of two megapixels (1,500MP x 1,500MP) designed for both disposable and reusable endoscopes.
By type, strip sensors was the highest revenue-grossing segment in the global disposable medical sensors market in 2023 owing to the increasing use of strip sensors in blood glucose monitoring, disease testing, & magnetic nanoparticles, and growing demand for self-diagnosis and home-based medical devices. One additional advantage of strip sensors is their ability to provide faster results. Additionally, ingestible sensors is predicted to grow at the fastest CAGR during the forecast period owing to the rising prevalence of chronic diseases, increased demand for invasive diagnostic testing, growing investments in research & development, and surg in collaborations between companies. For instance, in April 2022, AARDEX Group, headquartered in Belgium, has revealed a strategic alliance with etectRx, Inc. This partnership integrates etectRx's smart pill, known as the ID-Cap System, with AARDEX Group's MEMS Adherence Software (MEMS AS) to monitor medication adherence behaviors. Together, they offer a comprehensive, accurate, and objective approach to measuring and overseeing adherence to solid dosage medications.
By application, diagnostic was the highest revenue-grossing segment in the global disposable medical sensors market in 2023 owing to the advancements in sensor technology, characterized by high speed & low cost, are facilitating quicker & more precise outcomes, heightened demand for wireless communication coupled with integrated biosensors within the diagnostic realm, increasing incidence of chronic diseases. Additionally, patient monitoring is predicted to grow at the fastest CAGR during the forecast period owing to the surge in technological advancements, growing demand for improved monitoring devices, rise in new product introductions, increasing adoption of medical sensors in patient monitoring devices such as blood pressure monitors & pulse oximeters, escalating investments in research & development, and increase in collaborative efforts between companies. For instance, in March 2022, Rockley Photonics Holdings Limited, a prominent player in photonics-based health monitoring and communications solutions, has announced a development partnership with Medtronic, a leading healthcare technology company. The partnership seeks to incorporate Rockley's recently unveiled Bioptx biomarker sensing platform into Medtronic's offerings for a range of healthcare uses.
By end-user, home care was the highest revenue-grossing segment in the global disposable medical sensors market in 2023 owing to the growing trend towards remote patient monitoring, as home-based care reduces the risk of hospital-acquired infections (HAIs) by utilizing single-patient disposable medical sensors. Additionally, hospitals is predicted to grow at the fastest CAGR during the forecast period owing to the rise in lifestyle-related disorders, heightened demand for efficient emergency treatment, and increasing introduction of innovative devices. For instance, in April 2022, Variohm EuroSensor has created a specialized NTC thermistor tailored for medical equipment applications, specifically targeting the detection of subtle temperature variations in both body and ambient medical environments.
North America region is anticipated for the highest revenue share during the forecast period owing to the significant healthcare expenditure, swift adoption of patient monitoring & homecare devices for continuous patient monitoring, aiming to reduce hospital visits, increasing utilization of mobile surgery centers, growing demand for efficient emergency care, and surge in advanced device launches. For instance, in February 2022, EnSilica has introduced the ENS62020, an ultra-low-power sensor interface integrated circuit (IC) designed for monitoring vital signs in wearable healthcare and medical devices. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the growing incidence of cardiac disorders, a higher demand for disposable medical sensors used at home, rapid adoption of advanced technologies and the emergence of innovative devices. For instance, in April 2023, Scientists have created an innovative wireless wearable resonator with PT-symmetric properties, capable of detecting tear glucose and blood lactate levels in the micromolar range. This resonator consists of an inductance-capacitance-resistance (LCR) reader and sensor, equipped with an enzyme-based chemiresistor. With a high quality (Q) factor, the setup exhibits remarkable sensitivity.
This comprehensive research report focuses on the global and regional market size and forecasts from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Product, Type, Application, and End-user
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of Top 10+ Major Market Players
Segmentation: Disposable Medical Sensors Market Report 2023 - 2034
Disposable Medical Sensors Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Bn)
- Temperature Sensors
- Pressure Sensors
- Accelerometers
- Image Sensors
- Biosensors
- Others
Disposable Medical Sensors Market Analysis & Forecast by Type 2023 - 2034 (Revenue USD Bn)
- Implantable Sensors
- Ingestible Sensors
- Wearable Sensors
- Invasive Sensors
- Strip Sensors
Disposable Medical Sensors Market Analysis & Forecast by Application 2023 - 2034 (Revenue USD Bn)
- Therapeutics
- Cardiac Therapeutic Electrode Sensors
- Cardiac Catheter Sensors
- Insulin Pump Sensors
- Diagnostics
- Drug and Alcohol Test Strip Sensors
- Blood Glucose Test Strip Sensors
- Pregnancy Test Strip Sensors
- HIV Test Strip Sensors
- Capsule Endoscopes
- Patient Monitoring
- Continuous Blood Glucose Monitoring (CGM)
- Continuous Blood Pressure Monitoring
- Cardiac Monitoring Electrode
- Implantable Loop Recorder
- Pulse Oximeter
- Smart Pill
- Others
Disposable Medical Sensors Market Analysis & Forecast by End-user 2023 - 2034 (Revenue USD Bn)
- Diagnostic Laboratories
- Hospitals
- Home Care
- Clinics
Disposable Medical Sensors Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Disposable Medical Sensors Market: Product Estimates & Trend Analysis
8. Disposable Medical Sensors Market: Type Estimates & Trend Analysis
9. Disposable Medical Sensors Market: Application Estimates & Trend Analysis
10. Disposable Medical Sensors Market: End-user Estimates & Trend Analysis
11. Regional Market Analysis
12. North America Disposable Medical Sensors Market
13. Europe Global Disposable Medical Sensors Market
14. Asia Pacific Global Disposable Medical Sensors Market
15. Latin America Global Disposable Medical Sensors Market
16. MEA Global Disposable Medical Sensors Market
17. Competitor Analysis
18. Company Profiles
Companies Mentioned
- Sensirion AG Switzerland
- Honeywell International Inc
- ACE Medical Devices
- Koninklijke Philips N.V.
- NXP Semiconductor
- Analog Devices Inc.
- Smith’s Medical
- TE Connectivity
- SSI Electronics
- GE Healthcare
- Medtronic
