According to a new market report by Lucintel, the future of the disposable medical device sensor market looks promising with opportunities in the patient monitoring, diagnostics, therapeutics, and imaging applications. The disposable medical device sensor market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are rising concerns on contamination and hospital-acquired infections, increasing need to curtail healthcare costs through low-cost medical devices, government support to boost research and development, and investments by venture capitalist firms.
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In this market, biosensor, temperature sensor, pressure sensor, accelerometers, and image sensor, are the major sensor used to gather the clinical information which helps to make a clinical decision and treat them. Image sensor is the largest segment.
Within the disposable medical device sensor market, patient monitoring, diagnostic, and therapeutic are the major applications. Diagnostic application is the largest segment due to growing cases of respiratory ailments such as asthma, lung cancer, etc. in the increasing ageing population.
North America is the largest region over the forecast period due to technological advancements in the region.
Medtronic, ST Micro Electronics, Honeywell International, TE Connectivity, Smiths Medical, GE Healthcare, Philips Healthcare, Freescale Semiconductor, Analog Devices, and Omnivision Technologies are among the major manufacturers of the disposable medical device sensor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the disposable medical device sensor market by sensor type, placement of sensor, application, end use, and region. Lucintel has prepared a comprehensive research report titled "Disposable Medical Device Sensor Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the disposable medical device sensor market by sensor type, placement of sensor, application, end use, and region as follows:
By Sensor Type [$M shipment analysis for 2013 – 2024]:
Biosensor
Accelerometers
Pressure Sensor
Temperature Sensor
Image sensor
Others
By Placement of Sensor [$M shipment analysis for 2013 – 2024]:
Wearable sensor
Implantable sensor
Invasive sensor
Ingestible sensor
By Application [$M shipment analysis for 2013 – 2024]:
Patient Monitoring
Diagnostics
Therapeutics
Imaging Devices
By End Use [$M shipment analysis for 2013 – 2024]:
Hospitals
Home Care
Laboratories
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
United kingdom
Germany
France
Italy
Spain
Asia-Pacific
Rest of the World (ROW)
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/disposable-medical-device-sensor-market.aspx or helpdesk@lucintel.com.
About Lucintel
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