Press Release

Disposable Medical Sensors Market worth USD 9,740 Million by 2027 | Market Statsville Group

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The Market Statsville Group (MSG) publishes the new report on the Disposable Medical Sensors Market by Product (Biosensors, Temperature Sensors, Pressure Sensors, Image Sensors, Others), Placement Type (Wearable, Implantable, Ingestible, Invasive, Strip), Application, End User, and Region – Global Forecast to 2027″. The global disposable medical sensor market was valued at USD 6,232 million in 2020 and is projected to reach USD 9,740 million by 2027, to grow at a CAGR of 8.91% from 2021 to 2027. The rise in the adoption of biosensors, technological advancements in sensor devices, and the growing demand for disposable image and wearable sensors are the major factors that drive the growth of the disposable medical sensors market. In addition, the introduction of implantable sensors for preclinical drug research has further fueled the market growth. However, inadequate reimbursement policies and stringent government regulations form a significant restraint to the market growth. Conversely, an increase in untapped economies provides lucrative opportunities for market growth.

Browse 211 market data Tables and 63 Figures spread through 234 Pages and in-depth TOC on “Disposable Medical Sensors Market by Product (Biosensors, Temperature Sensors, Pressure Sensors, Image Sensors, Others), Placement Type (Wearable, Implantable, Ingestible, Invasive, Strip), Application, End User, and Region – Global Forecast to 2027.”

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Global Disposable Medical Sensors Market Segmentation

The report outlines the global disposable medical sensors market study based only on the product, placement type, application, end user, and region.

By Product (Revenue, USD Million, 2017 – 2027)

  • Biosensors
  • Temperature Sensors
  • Pressure Sensors
  • Image Sensors
  • Accelerometer/Patient Position Sensors
  • Others

By Placement Type (Revenue, USD Million, 2017 – 2027)

  • Wearable Sensors
  • Implantable Sensors
  • Ingestible Sensors
  • Invasive Sensors
  • Strip Sensors

By Application (Revenue, USD Million, 2017 – 2027)

  • Patient Monitoring
    • Continuous Blood Pressure Monitoring
    • Implantable Loop Recorders
    • Cardiac Monitoring Electrodes
    • Pulse Oximeters
    • Smart Pills
    • Continuous Blood Glucose Monitoring (CGM)
    • Others
  • Diagnostics
    • Capsule Endoscopes
    • HIV Test Strip Sensors
    • Pregnancy Test Strip Sensors
    • Drug and Alcohol Test Strip Sensors
    • Blood Glucose Test Strip Sensors
  • Therapeutics
    • Insulin Pump Sensors
    • Cardiac Therapeutic Electrode Sensors
    • Cardiac Catheter Sensors

By End User (Revenue, USD Million, 2017 – 2027)

  • Hospitals
  • Home Care
  • Diagnostic Laboratories
  • Clinics

By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

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Strip sensors, by placement type, are estimated to hold the largest market share during the forecast period.

Based on placement type, the global disposable medical sensors market is categorized into wearable sensors, strip sensors, invasive sensors, ingestible sensors, and implantable sensors. The strip sensor was the highest revenue contributor in 2020, which accounted for 27.35%, and is expected to maintain this trend during the forecast period. This is attributed to the growing global adoption of strip testing sensors for diabetes, pregnancy, and other tests. This is because of the increasing use of strip sensors in disease diagnostic technologies and glucose monitoring tests. Moreover, the wide usage of HIV test strips, pregnancy test strips, and drug & alcohol test strips in homecare diagnostics has led to market growth.

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North America accounts for the largest market share during the forecast period in the Disposable Medical Sensors market.

Based on the regions, the global disposable medical sensors market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. North America was the highest revenue contributor that accounted for a market share of 37.1% in 2020 and is expected to maintain its dominance throughout the forecast period. This is attributed to increasing technological advancements in disposable medical sensors and the presence of well-established HCIT (Healthcare Technology and Infrastructure) infrastructure in North America. The North American market for disposable medical sensors is expected to grow steadily due to increasing investments by the private and government organizations in the disposable medical sensors market in this region. In addition, several regional players are expanding their business in the US to suffice the increasing need for medical sensors in the country.

This research report includes a study on the development and marketing strategies and the product portfolios and winning strategy of the leading companies operating in the Disposable Medical Sensors market. It also consists of the profiles of leading companies such as Covidien Plc., Analog Devices, Inc., Measurement Specialties, Freescale Semiconductor, Inc., Given Imaging, Honeywell International, Inc., Sensirion AG, Medtronic, Smiths Medical, GE Healthcare, Philips Healthcare, and ST Microelectronics, among others. These market players have focused on acquisitions and expansion to gain a larger market share in the disposable medical sensors market.

Browse complete report: https://www.marketstatsville.com/disposable-medical-sensors-market

About Market Statsville Group

Market Statsville Group (MSG) is a business research and consulting platform of Statsville Consulting Private Limited, based in Oklahoma, USA. MSG is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in various industry verticals in market sizing, analysis, and intelligent business insights. MSG has experienced research analysts who are proficient at digging deep and providing different customizable data that help you make decisions with clarity, confidence, and impact. Furthermore, Market Statsville Group already benefited more than 1,000 companies each year for their revenue planning. It helped them take their disruptions/innovations early to the market by providing them research ahead of the curve.

MSG has an entire repository of research reports on more than 1,000 niche industries, 3,000 high-growth potentials markets, 5,000 data sets, and more than 12,000 company profiles.

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Market Statsville Group
416, East Standsberry Street, Perkins, Oklahoma 74059, USA
USA: +1-580-205-2707 | +91 702 496 8807
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Contact Us: Market Statsville Group 416, East Standsberry Street, Perkins, Oklahoma 74059, USA USA: +1-580-205-2707 | +91 702 496 8807 Email: [email protected] Web: www.marketstatsville.com

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Contact Information:

Contact Us:
Market Statsville Group
416, East Standsberry Street, Perkins, Oklahoma 74059, USA
USA: +1-580-205-2707 | +91 702 496 8807
Email: [email protected]
Web: www.marketstatsville.com

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