Disposable Medical Device Sensors Market to Rear Excessive Growth during 2016 – 2025 | STMicroelectronics, Given Imaging, Inc., Honeywell International, Inc., Covidien Plc., Medtronic, Freescale Semiconductor

A research study titled, “Disposable Medical Device Sensors Market by Product, Technology, and Application - Global Industry Analysis and Forecast to 2025” published by Crystal Market Research, states that the disposable medical device sensors market is projected to be around $8 billion by 2025.

Top Key Vendors:
Some of the major players competing in the global disposable medical device sensors market are STMicroelectronics, Given Imaging, Inc., Honeywell International, Inc., Covidien Plc., Medtronic, Freescale Semiconductor, Inc., Smiths Medical, Philips Healthcare, Measurement Specialties and Sensirion AG.

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Disposable Medical Device Sensors Market Opportunities:
New product development and product innovation holds the key to competitive advantage in this market. With rising geriatric population, which is more prone to chronic disorders such as diabetes, cancer and cardiovascular diseases, demand for disposable and miniature medical sensors is bound to rise globally.

Disposable Medical Device Sensors Market Segmentation:
By Product:
Implantable Sensors
Invasive Sensors
Wearable Sensors
Ingestible Sensors
Strip Sensors

By Technology:
Image Sensors
Pressure Sensors
Biosensors
Accelerometers
Temperature Sensors
Others

By Application:
Patient Monitoring
Diagnostic
Therapeutic

Industry Outlook and Trend Analysis:
Disposable medical sensors are portable or handheld devices used for therapeutics, diagnostics and patient monitoring. CMOS image sensors are used for capsule endoscopy applications. With constant decrease in the size of electronic devices, a camera can be fitted in a swallowable capsule. Creating such devices has been possible because of CMOS image sensors. These sensors aid in high resolution 3D imaging. Moreover, CMOS technology assists in manufacturing of radiation resistant devices that are much sturdier as compared to CCD-image sensors. Implantable sensors are used in medical research to measure parameters such as pressure, force, torque and temperature inside human body. With advancements in micro-fabrication and nano-fabrication technologies, these implantable sensors can be incorporated into implants providing unique and personalized data for each patient which can be used to optimize the diagnosis process.During the past few years disposable medical sensors market has been growing rapidly and is expected to grow consistently during the forecast period.

Strip sensors market dominated the global disposable medical sensors market in 2016, owing to their rising usage in disease diagnostic processes and glucose monitoring tests. However, ingestible sensors market is anticipated to grow with the fastest rate over the forecast period due to increasing demand for capsule endoscopes and smart pills.

Image sensors market is expected to grow at the fastest rate during the forecast period due to their primary applications in capsule endoscopy procedures. Biosensors market held the largest share of the overall market in 2016 owing to the rising demand for these sensors in drug development processes.

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Regional Insights:
U.S. dominated the North American disposable medical device sensors market in 2016 followed by Canada. This can be attributed to the large scale adoption of sensor oriented medical devices for diagnostic and therapeutic procedures. Europe is the second largest market for disposable medical device sensors, due to rising adoption of technologically advanced medical devices coupled with high purchasing power in the region.

Major Table of Contents:
1. Introduction
2. Executive Summary
3. Market Overview
4. Disposable Medical Device Sensors Market, By Product
5. Disposable Medical Device Sensors Market, By Technology
6. Disposable Medical Device Sensors Market, By Application
7. Disposable Medical Device Sensors Market, By Region
8. Company Profiles
...

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Key Findings of the Research Study:
Strip sensors segment accounted for almost half of the overall market in 2016.This large share can be attributed to their benefits such as ease of use, cost effectiveness and non-infectious nature.

Biosensors segment accounted for nearly two-third share of the global market in 2016 owing their large scale adoption in study of bio-molecules and their interactions as well as in drug development processes.

Ingestible sensors market is expected to grow at a double digit CAGR during the forecast period owing to their increasing applications in capsule endoscopes and smart pills.

North America held nearly two-fifth share of the global market in 2016 followed by Europe. This large market share can be attributed to the large scale usage of sensor-based disposable medical devices in hospitals.

Asia-Pacific market will grow at the highest CAGR over the forecast period owing to the growing per capita income, rise in geriatric population and increasing demand for advanced healthcare technologies.

What our Disposable Medical Device Sensors Market Report offers:
Disposable Medical Device Sensors Market share assessments for the regional and country level segments.

Disposable Medical Device Sensors Market share analysis of the top industry players.

Strategic recommendations for the new entrants.

Competitive landscaping mapping the key common trends.

Supply chain trends mapping the latest technological advancements.

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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customised research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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