Medical Sensor Market: Trends, Forecast and Competitive Analysis

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The future of the medical sensor market looks promising with opportunities in diagnostics imaging, patient monitoring, and medical implants & endoscopy applications. The global medical sensor market is expected to grow with a CAGR of 6% to 8% from 2020 to 2025. The major growth drivers for this market are increasing adoption of Internet of Things (IoT)-based medical devices and rising healthcare expenditure in various countries.

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Growth in various segments of the medical sensor market are given below:

The study includes trends and forecast for the global medical sensor market by sensor type, application, product type, placement, end use industry, and region as follows

By Sensor Type [$M shipment analysis for 2014 – 2025]:

Biosensors
Temperature Sensors
Motion Sensors
Image Sensors
Flow Sensors
Pressure Sensors
Others

By Application [$M shipment analysis for 2014 – 2025]:

Diagnostics Imaging
Patient Monitoring
Medical Implants & Endoscopy

By Placement [$M shipment analysis for 2014 – 2025]:

Wearable Sensors
Wireless Sensors
Implantable Sensors

By Product Type [$M shipment analysis for 2014 – 2025]:

Invasive
Non-Invasive

By End Use Industry [$M shipment analysis for 2014 – 2025]:

Hospitals
Clinics
Home Care
Others

By Region [$M shipment analysis for 2014 – 2025]:

North America
- United States
- Canada
- Mexico
Europe
- Germany
- UK
- Italy
Asia Pacific
- China
- Japan
- India
- South Korea
Rest of the World

Some of the medical sensor manufacturers profiled in this report include, Texas Instrument, TE Connectivity, Medtronics Plc, NXP Semiconductors, Tekscan Inc, Amphenol Advanced Sensors, Proteus Digital Health, Sensirion, and Innovative Sensor Technology.

Lucintel forecasts that pressure sensor will remain largest sensor type due to increasing adoption of these sensors in medical devices such as heart rate monitors, inhalers and ventilators, blood pressure monitors, patient monitoring systems, laparoscopic devices, and respiratory therapy devices.

Within the medical sensor market, diagnostics imaging, patient monitoring, and medical implants & endoscopy are the major applications.

APAC is expected to witness the highest growth over the forecast period due to growth of the healthcare industry.

Features of the Global Medical Sensor Market

Market size estimates: Global medical sensor market size estimation in terms of value ($M) shipment.
Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by various segments and regions.
Segmentation analysis: Market size by various segments such as by sensor type, application, product type, placement, end use industry, and region.
Regional analysis: Global medical sensor market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different sensor type, application, product type, placement, end use industry and regions for global medical sensor market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of the global medical sensor market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the medical sensor market by sensor type (biosensors, temperature sensors, motion sensors, image sensors, flow sensors, pressure sensors, and others), application (diagnostics imaging, patient monitoring, and medical implants & endoscopy), placement (wearable sensors, wireless sensors, and implantable sensors), product type (invasive and non-invasive), end use industry (hospitals, clinics, home care, and others), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW))?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the medical sensor market?
Q.6 What are the emerging trends in the medical sensor market and the reasons behind them?
Q.7 What are some changing demands of customers in the medical sensor market?
Q.8 What are the new developments in the medical sensor market? Which companies are leading these developments?
Q.9 Who are the major players in the medical sensor market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the medical sensor market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities did take place in the last five years in the medical sensor market?

Report Scope

Key Features	Description
Base Year for Estimation	2019
Trend Period (Actual Estimates)	2014-2019
Forecast Period	2020-2025
Pages	150
Market Representation / Units	Revenue in US $ Million
Report Coverage	Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling
Market Segments	By Sensor Type (Biosensors, Temperature Sensors, Motion Sensors, Image Sensors, Flow Sensors, Pressure Sensors, and Others), Application (Diagnostics Imaging, Patient Monitoring, and Medical Implants & Endoscopy), Placement (Wearable Sensors, Wireless Sensors, and Implantable Sensors), Product Type (Invasive and Non-Invasive), End Use Industry (Hospitals, Clinics, Home Care, and Others)
Regional Scope	North America, Europe, Asia Pacific, and RoW

Table of Contents

1. Executive Summary

2. Market Background and Classification

2.1: Introduction, Background, and Classification

2.2: Supply Chain

2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2014 to 2025

3.1: Macroeconomic Trends and Forecast

3.2: Global Medical Sensor Market Trends and Forecast

3.3: Global Medical Sensor Market by Technology

3.3.1: Biosensors

3.3.2: Temperature Sensors

3.3.3: Motion Sensors

3.3.4: Image Sensor

3.3.5: Flow Sensors

3.3.6: Pressure Sensors

3.3.7: Others

3.4: Global Medical Sensor Market by Application

3.4.1: Diagnostics Imaging

3.4.2: Patient Monitoring

3.4.3: Medical Implants & Endoscopy

3.5: Global Medical Sensor Market by Placement

3.5.1: Wearable Sensor

3.5.2: Wireless Sensor

3.5.3: Implantable Sensor

3.6: Global Medical Sensor Market by Product Type

3.6.1: Invasive

3.6.2: Non-invasive

3.7: Global Medical Sensor Market by End Use Industry

3.7.1: Hospitals

3.7.2: Clinics

3.7.3: Home Care

3.7.4: Others

4. Market Trends and Forecast Analysis by Region

4.1: Global Medical Sensor Market by Region

4.2: North American Medical Sensor Market

4.2.1: Market by Sensor Type: Biosensors, Temperature Sensors, Motion Sensors, Image Sensors, Flow Sensors, Pressure Sensors, and Others

4.2.2: Market by Application: Diagnostics Imaging, Patient Monitoring, and Medical Implants & Endoscopy

4.2.3: Market by Placement: Wearable Sensors, Wireless Sensors, and Implantable Sensors

4.2.4: Market by Product Type: Invasive and Non-Invasive

4.2.5: Market by End Use Industry: Hospitals, Clinics, Home Care, and Others

4.2.6: United States Medical Sensor Market

4.2.7: Canadian Medical Sensor Market

4.2.8: Mexican Medical Sensor Market

4.3: European Medical Sensor Market

4.3.1: Market by Sensor Type: Biosensors, Temperature Sensors, Motion Sensors, Image Sensors, Flow Sensors, Pressure Sensors, and Others

4.3.2: Market by Application: Diagnostics Imaging, Patient Monitoring, and Medical Implants & Endoscopy

4.3.3: Market by Placement: Wearable Sensors, Wireless Sensors, and Implantable Sensors

4.3.4: Market by Product Type: Invasive and Non-Invasive

4.3.5: Market by End Use Industry: Hospitals, Clinics, Home Care, and Others

4.3.6: German Medical Sensor Market

4.3.7: UK Medical Sensor Market

4.3.8: Italian Medical Sensor Market

4.4: APAC Medical Sensor Market

4.4.1: Market by Sensor Type: Biosensors, Temperature Sensors, Motion Sensors, Image Sensors, Flow Sensors, Pressure Sensors, and Others

4.4.2: Market by Application: Diagnostics Imaging, Patient Monitoring, and Medical Implants & Endoscopy

4.4.3: Market by Placement: Wearable Sensors, Wireless Sensors, and Implantable Sensors

4.4.4: Market by Product Type: Invasive and Non-Invasive

4.4.5: Market by End Use Industry: Hospitals, Clinics, Home Care, and Others

4.4.6: Chinese Medical Sensor Market

4.4.7: Japanese Medical Sensor Market

4.4.8: South Korean Medical Sensor Market

4.4.9: Indian Medical Sensor Market

4.5: ROW Medical Sensor Market

4.5.1: Market by Sensor Type: Biosensors, Temperature Sensors, Motion Sensors, Image Sensors, Flow Sensors, Pressure Sensors, and Others

4.5.2: Market by Application: Diagnostics Imaging, Patient Monitoring, and Medical Implants & Endoscopy

4.5.3: Market by Placement: Wearable Sensors, Wireless Sensors, and Implantable Sensors

4.5.4: Market by Product Type: Invasive and Non-Invasive

4.5.5: Market by End Use Industry: Hospitals, Clinics, Home Care, and Others

5. Competitor Analysis

5.1: Product Portfolio Analysis

5.2: Market Share Analysis

5.3: Operational Integration

5.4: Geographical Reach

5.5: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

6.1: Growth Opportunity Analysis

6.1.1: Growth Opportunities for the Global Medical Sensor Market by Sensor Type

6.1.2: Growth Opportunities for the Global Medical Sensor Market by Application

6.1.3: Growth Opportunities for the Global Medical Sensor Market by Placement

6.1.4: Growth Opportunities for the Global Medical Sensor Market by Product Type

6.1.5: Growth Opportunities for the Global Medical Sensor Market by End Use Industry

6.1.6: Growth Opportunities for the Global Medical Sensor Market by Region

6.2: Emerging Trends in the Global Medical Sensor Market

6.3: Strategic Analysis

6.3.1: New Product Development

6.3.2: Capacity Expansion of the Global Medical Sensor Market

6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Medical Sensor Market

7. Company Profiles of Leading Players

7.1: TE Connectivity

7.2: Infineon

7.3: Medtronic

7.4: NXP Semiconductors

7.5: Tekscan Inc

7.6: Proteus Digital Health

7.7: Sensirion

7.8: Innovative Sensor Technology

7.9: Amphenol Advanced Sensors

7.10: Texas Instrument

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:

In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.

Below is a brief summary of the primary interviews that were conducted by job function for this report.

Medical Sensor Market: Trends, Forecast and Competitive Analysis

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