According to the report by Allied Market Research, titled, "Disposable Medical Sensors Market by Product Type [Biosensors, Temperature Sensors, Pressure Sensors, Image Sensors, Accelerometers/Patient Position Sensors, Others], Placement Type [Wearable Sensors, Implantable Sensors, Ingestible Sensors, Invasive Sensors, Strip Sensors], Application [Patient Monitoring, Diagnostics, Therapeutics], and End User [Hospitals, Home Care, Diagnostic Laboratories, and Clinics] - Global Opportunity Analysis and Industry Forecast, 2022-2030". The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
Disposable medical sensors are portable and cost-effective scanning devices used to diagnose and monitor various diseases. These devices function by measuring vital human parameters such as body temperature, breathing, and heart rates. Over the years, the disposable medical sensors have evolved in terms of features, performance, and characteristics. This is due to the continuous improvements in R&D of electronics in pharmaceutical and medical field. Furthermore, the advent of micro-electronics (MEMS) and high adoption of biosensors has played a significant role in the evolution of sensors in healthcare.
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Advancements in sensor technologies and an advent of disposables and microelectronic in healthcare sector has led to the sizeable market growth. Hence, key players are nursing their next generation disposable medical sensor products, thereby expanding & evolving, generating a momentum to drive the growth of this market.
Key Findings of the Disposable Medical Sensor Market:
- The image sensor is anticipated to grow at a highest rate during the analysis period.
- The U.S. was the major shareholder in the North America disposable medical sensor market, and accounted for the highest share in 2021.
- China occupied two-ninth share of the total Asia-Pacific disposable medical sensor market in 2016, registering a high CAGR of 13.1% from 2021 to 2030.
- The home care segment accounted for the two-fifth share in end user market for disposable medical sensors in 2021.
The key players in the global disposable medical sensors market include Philips Healthcare, Sensirion AG Medtronic plc, Honeywell International, Inc., Smiths Group plc (Smiths Medical), STMicroelectronics, Omnivision Technologies, Inc., TE Connectivity (TE), First Sensor, and Ambu A/S. The other prominent players in the value chain include MEMSIC, Inc., Universal Biosensors, Inc., Biosensors International Group, and GeekWire, LLC.
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