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What is the future of the disposable medical sensors market?
Disposable Medical Sensors Market Expected To Reach US$ 8,118.7 Mn By 2026The latest market report published by Credence Research, Inc. “Disposable Medical Sensors Market Growth, Future Prospects, and Competitive Analysis, 2018 -2026” the disposable medical sensors market was valued at US$ 4,461.8 Mn in 2017 and expected to reach US$ 8,118.7 Mn by 2026, expanding at a CAGR of 6.81 % from 2018 to 2026.Market InsightsLow cost and reduced sanitization risks associated with disposable medical sensors in comparison to reusable medical sensors has contributed to the increased adoption of disposable medical sensors during the forecast period from 2016 to 2026. Increased prevalence of chronic diseases such as diabetes, cancer, autoimmune diseases predominantly drives this market. For instance, the soaring consumer adoption of continuous glucose monitoring devices wherein disposable medical sensors are utilized.Additionally, rise in adoption and awareness related to availability of low cost disposable medical sensors among consumers and increased R&D activities have catalyzed the growth of this market. The advent of newer technologies such as Micro-Electro-Mechanical-Systems (MEMS) and Complementary Metal-Oxide-Semiconductor (CMOS) has contributed to the growth of image sensors making it the fastest growing segment attaining maximum CAGR during the forecast period from 2018 to 2026.Download Free brochure of research report with TOC and Figures @ https://www.credenceresearch.com/sample-request/58999Among various sensors available namely biosensors, pressure, accelerometer, temperature, image and flow sensors, biosensors maintain supremacy and expected grabbing largest market share during the period from 2016 to 2026. Biosensors finds wide application in diagnostic and patient monitoring devices. The advent of glucose testing & monitoring devices and other newer technologies has propelled the growth of disposable biosensors. For instance, the emergence of wireless biosensors by Philips Healthcare has gained major market attraction amongst hospitals and outpatient settings. This wireless biosensor helps in monitoring patient’s vital signs and motility changes.North America expected to maintain supremacy in the global disposable medical sensors market during the period from 2016 to 2026. Availability & accessibility of newer disposable medical sensors, increased prevalence of chronic diseases, presence of major industrial players and increased disposable income amongst people drives the North America disposable medical sensors market. Government initiatives and increased awareness of the availability of newer advanced medical devices drive the growth of disposable medical sensors in low and middle-income economies. Presence of market players namely, Medtronic International Ltd., GE Healthcare Ltd., Sensirion AG and many more further catalyzes the market growth in Asia Pacific.Market Competition Assessment:Disposable medical sensors market reaches out across geographies rendering the market highly competitive. Partnerships and acquisitions by major player’s increases market threats for emerging players with respect to long-term existence. However, funding by leading players to smaller firms could create opportunities for market penetration and growth. For instance, VitalConnect, Inc. raised money in series C funding, which was led by MVM Life science Partners and Baxter Ventures, enabling it to launch its product VitalPatch a wearable biosensor. The key industrial players of disposable medical sensors market are Amphenol Corporation, Analog Devices, Inc., GE Healthcare Ltd., Medtronic Plc., NXP Semiconductor N.V., OmniVision Technologies, Inc., Philips Healthcare Informatics, Inc., Sensirion AG, Smiths Medical, Inc., SSI Electronics, Inc., STMicroelectronics and TE Connectivity Ltd.Key Market Movements:Globally disposable medical sensors market witnesses a lucrative growth with a CAGR of 6.18% for the forecast period from 2018 to 2026Cost effectiveness and reduction in hygiene risks drive the rising adoption of disposable medical sensors marketAmong all sensor types, biosensors expected to attain largest market share during the period from 2016 to 2026The introduction of smart connectivity options enables remote monitoring of patients thus catalyzing the growth of patient monitoring devicesTOC:Chapter 4. Global Disposable Medical Sensors Market Analysis, by Sensor Type, 2016-2026 (US$ Mn)4.1. Overview4.2. Biosensors4.3. Pressure Sensors4.4. Accelerometer Sensors4.5. Temperature Sensors4.6. Image Sensors4.7. Flow SensorsChapter 5. Global Disposable Medical Sensors Market Analysis, by Technology, 2016-2026 (US$ Mn)5.1. Overview5.2. Strip Sensors5.3. Wearable Sensors5.4. Implantable Sensors5.5. Ingestible SensorsChapter 6. Global Disposable Medical Sensors Market Analysis, by Application, 2016-2026 (US$ Mn)6.1. Overview6.2. Diagnostic6.3. Therapeutic6.4. Patient MonitoringChapter 7. Global Disposable Medical Sensors Market Analysis, by Geography, 2016-2026 (US$ Mn)7.1. Overview7.2. North America Disposable Medical Sensors Market Analysis, 2016-2026 (US$ Mn)7.2.1. North America Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)7.2.2. North America Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)7.2.3. North America Disposable Medical Sensors Market, by Application, 2016-2026 (US$ Mn)7.2.4. North America Disposable Medical Sensors Market, by Country, 2016-2026 (US$ Mn)7.2.4.1. U.S.7.2.4.2. Canada7.3. Europe Disposable Medical Sensors Market Analysis, 2016-2026 (US$ Mn)7.3.1. Europe Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)7.3.2. Europe Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)7.3.3. Europe Disposable Medical Sensors Market, by Application, 2016-2026 (US$ Mn)7.3.4. Europe Disposable Medical Sensors Market, by Country, 2016-2026 (US$ Mn)7.3.4.1. U.K.7.3.4.2. Germany7.3.4.3. Rest of Europe...Chapter 8. Company Profiles8.1. Amphenol Corporation8.1.1. Business Description8.1.2. Financial Information (Subject to data availability)8.1.3. Product Portfolio8.1.4. Key Developments8.2. Analog Devices, Inc.8.3. GE Healthcare Ltd.8.4. Medtronic Plc.8.5. NXP Semiconductor N.V.8.6. OmniVision Technologies, Inc.8.7. Philips Healthcare Informatics, Inc.8.8. Sensirion AGDownload Free brochure of research report with TOC and Figures @ https://www.credenceresearch.com/sample-request/58999
What will be the upcoming trends of the disposable medical sensors market?
Disposable Medical Sensors Market Expected To Reach US$ 8,118.7 Mn By 2026The latest market report published by Credence Research, Inc. “Disposable Medical Sensors Market Growth, Future Prospects, and Competitive Analysis, 2018 -2026” the disposable medical sensors market was valued at US$ 4,461.8 Mn in 2017 and expected to reach US$ 8,118.7 Mn by 2026, expanding at a CAGR of 6.81 % from 2018 to 2026.Download Free brochure of research report with TOC and Figures @ https://www.credenceresearch.com/sample-request/58999Market InsightsLow cost and reduced sanitization risks associated with disposable medical sensors in comparison to reusable medical sensors has contributed to the increased adoption of disposable medical sensors during the forecast period from 2016 to 2026. Increased prevalence of chronic diseases such as diabetes, cancer, autoimmune diseases predominantly drives this market. For instance, the soaring consumer adoption of continuous glucose monitoring devices wherein disposable medical sensors are utilized.Additionally, rise in adoption and awareness related to availability of low cost disposable medical sensors among consumers and increased R&D activities have catalyzed the growth of this market. The advent of newer technologies such as Micro-Electro-Mechanical-Systems (MEMS) and Complementary Metal-Oxide-Semiconductor (CMOS) has contributed to the growth of image sensors making it the fastest growing segment attaining maximum CAGR during the forecast period from 2018 to 2026.Among various sensors available namely biosensors, pressure, accelerometer, temperature, image and flow sensors, biosensors maintain supremacy and expected grabbing largest market share during the period from 2016 to 2026. Biosensors finds wide application in diagnostic and patient monitoring devices. The advent of glucose testing & monitoring devices and other newer technologies has propelled the growth of disposable biosensors. For instance, the emergence of wireless biosensors by Philips Healthcare has gained major market attraction amongst hospitals and outpatient settings. This wireless biosensor helps in monitoring patient’s vital signs and motility changes.North America expected to maintain supremacy in the global disposable medical sensors market during the period from 2016 to 2026. Availability & accessibility of newer disposable medical sensors, increased prevalence of chronic diseases, presence of major industrial players and increased disposable income amongst people drives the North America disposable medical sensors market. Government initiatives and increased awareness of the availability of newer advanced medical devices drive the growth of disposable medical sensors in low and middle-income economies. Presence of market players namely, Medtronic International Ltd., GE Healthcare Ltd., Sensirion AG and many more further catalyzes the market growth in Asia Pacific.Market Competition Assessment:Disposable medical sensors market reaches out across geographies rendering the market highly competitive. Partnerships and acquisitions by major player’s increases market threats for emerging players with respect to long-term existence. However, funding by leading players to smaller firms could create opportunities for market penetration and growth. For instance, VitalConnect, Inc. raised money in series C funding, which was led by MVM Life science Partners and Baxter Ventures, enabling it to launch its product VitalPatch a wearable biosensor. The key industrial players of disposable medical sensors market are Amphenol Corporation, Analog Devices, Inc., GE Healthcare Ltd., Medtronic Plc., NXP Semiconductor N.V., OmniVision Technologies, Inc., Philips Healthcare Informatics, Inc., Sensirion AG, Smiths Medical, Inc., SSI Electronics, Inc., STMicroelectronics and TE Connectivity Ltd.Key Market Movements:Globally disposable medical sensors market witnesses a lucrative growth with a CAGR of 6.18% for the forecast period from 2018 to 2026Cost effectiveness and reduction in hygiene risks drive the rising adoption of disposable medical sensors marketAmong all sensor types, biosensors expected to attain largest market share during the period from 2016 to 2026The introduction of smart connectivity options enables remote monitoring of patients thus catalyzing the growth of patient monitoring devicesTOC:Download Free brochure of research report with TOC and Figures @ https://www.credenceresearch.com/sample-request/58999Chapter 4. Global Disposable Medical Sensors Market Analysis, by Sensor Type, 2016-2026 (US$ Mn)4.1. Overview4.2. Biosensors4.3. Pressure Sensors4.4. Accelerometer Sensors4.5. Temperature Sensors4.6. Image Sensors4.7. Flow SensorsChapter 5. Global Disposable Medical Sensors Market Analysis, by Technology, 2016-2026 (US$ Mn)5.1. Overview5.2. Strip Sensors5.3. Wearable Sensors5.4. Implantable Sensors5.5. Ingestible SensorsChapter 6. Global Disposable Medical Sensors Market Analysis, by Application, 2016-2026 (US$ Mn)6.1. Overview6.2. Diagnostic6.3. Therapeutic6.4. Patient MonitoringChapter 7. Global Disposable Medical Sensors Market Analysis, by Geography, 2016-2026 (US$ Mn)7.1. Overview7.2. North America Disposable Medical Sensors Market Analysis, 2016-2026 (US$ Mn)7.2.1. North America Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)7.2.2. North America Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)7.2.3. North America Disposable Medical Sensors Market, by Application, 2016-2026 (US$ Mn)7.2.4. North America Disposable Medical Sensors Market, by Country, 2016-2026 (US$ Mn)7.2.4.1. U.S.7.2.4.2. Canada7.3. Europe Disposable Medical Sensors Market Analysis, 2016-2026 (US$ Mn)7.3.1. Europe Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)7.3.2. Europe Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)7.3.3. Europe Disposable Medical Sensors Market, by Application, 2016-2026 (US$ Mn)7.3.4. Europe Disposable Medical Sensors Market, by Country, 2016-2026 (US$ Mn)7.3.4.1. U.K.7.3.4.2. Germany7.3.4.3. Rest of Europe...Chapter 8. Company Profiles8.1. Amphenol Corporation8.1.1. Business Description8.1.2. Financial Information (Subject to data availability)8.1.3. Product Portfolio8.1.4. Key Developments8.2. Analog Devices, Inc.8.3. GE Healthcare Ltd.8.4. Medtronic Plc.8.5. NXP Semiconductor N.V.8.6. OmniVision Technologies, Inc.8.7. Philips Healthcare Informatics, Inc.8.8. Sensirion AG ...
What will be the industry sensor market growth from 2017 to 2025?
The industrial sensors market is expected to be valued at USD 16.0 billion in 2018 and is likely to reach USD 21.6 billion by 2023, at a CAGR of 6.16% during the forecast period.APAC is expected to hold the largest share of the industrial sensors market in 2018. China and Japan are the key countries contributing to the growth of the industrial sensors market in APAC. APAC is the largest market for industrial sensors because of the presence of China in this region. China’s manufacturing output is the largest in the world. It is one of the major manufacturers of consumer electronics, automobiles, etc.North America is expected to account for the second-largest share of the industrial sensors market throughout the forecast period. The US currently accounts for the largest share of the industrial sensors market in North America, followed by Canada and Mexico.A few major players operating in the industrial sensors market are Rockwell Automation (US), Honeywell (US), Amphenol Corporation (US), Texas Instruments (US), Panasonic (Japan), STMicroelectronics (Switzerland), First Sensor (Germany), and Siemens (Germany).
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