Global Disposable Medical Sensors Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over seven years forecast period 2019-2025

Global Disposable Medical Sensors Market was Valued at US$ XX Mn in 2018, Owing to Increase in Adoption of Advanced Technologies and Biosensors and Rising Demand for Disposable Medical Sensors
Analyst Speak:

“The Global Disposable Medical Sensors Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over seven years forecast period 2019-2025” due to rise in prevalence of chronic diseases such as cancer, diabetes etc., cancer is the major driving factor for the growth of the market.

Precision Business Insights (PBI) in its report titled “Global Disposable Medical Sensors Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

Free sample of this report is available upon request @
https://precisionbusinessinsights.com/market-reports/disposable-medical-sensors-market/#ulp-4H8Z4LpNMLEuOnnx

The global disposable medical sensors market was valued at US$ XX Mn in 2018 and growing at a significant CAGR over the forecast period due to increasing demand for the better healthcare services by high quality diagnostic and monitoring devices and devices can help patients self-monitor easily at affordable cost are major driving factors of disposable medical sensors market over the forecast period. In addition, initiatives by the government to fund and encourage R&D to launch newer products fuels the growth of the market. However, stringent regulatory policies and poor reimbursement policies hampers the growth of the market

Global disposable medical sensors market segmented on the basis of product type, placement type, and end user.

Biosensors Disposable Medical Sensors accounted for higher revenue share

Based on product type, global disposable medical sensors market segmented into image sensors, biosensors, pressure sensors, temperature sensors, and others. Biosensors accounted higher revenue share in 2018 and expected to dominate over the forecast period owing to increasing demand for the rapid and accurate diagnostic kits fuels the growth of the market. In addition, launch of new products boosts the growth of the market over forecast period. For instance, in 2016, Raiing Medical launched wearable thermometer that is rechargeable and waterproof.
North America leads the Global Disposable Medical Sensors market

PBI’s global disposable medical sensors market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to regional analysis, North America holds larger revenue share in 2018 and the same trend is projected to follow over 2019-2025 owing to increasing awareness among the patients regarding the benefits of the advanced treatment procedures and rising prevalence of chronic diseases drives the growth of the market over forecast years. Asia Pacific is expected to exhibit significant growth rate over forecast period due to improving technology and rising awareness among the patient population about the therapeutic applications in the region.

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Acquisitions & Mergers and strategic alliances and Approvals for the new Products are the key strategies adopted by the market players

Global disposable medical sensors market further reveals that the key player’s increasingly adopting strategies such as acquisitions & mergers and strategic alliance and approvals and launch of new products to enhance the market revenue share and stregthen their presence across the region. For instance, In September 2016, FDA approved Medtronic plc’s Enlitesensor for use with iPro2 Professional Continuous Glucose Monitoring (CGM) system.

Key player’s profiles in the report are TE Connectivity (Switzerland), Medtronic plc. (Ireland), Freescale Semiconductors, Inc. (U.S), Abbott Laboratories (U.S), Honeywell International, Inc. (U.S), STMicroelectronics (Switzerland), Philips N.V. (Netherlands), Analog Devices, Inc. (U.S), and GE Healthcare (U.K).

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Detailed Segmentation

By Product Type
o Image Sensors
o Biosensors
o Pressure Sensors
o Temperature Sensors
o Accelerometer Sensors
o Others
By Placement Type
o Diagnostics
o Blood Glucose Test Strip Sensors
o Pregnancy Test Strip Sensors
o Drug And Alcohol Test Strip Sensors
o Immunoassay Biosensors
o Capsule Endoscopes
o HIV Test Strip Sensors
o Patient Monitoring
o Smart Pill
o Cardiac Monitoring Electrode
o Continuous Blood Pressure Monitoring
o Implantable Loop Recorder
o Pulse Oximeter
o Therapeutics
o Cardiac Therapeutic Electrode Sensors
o Cardiac Catheter Sensors
o Insulin Pump Sensors
o Dialysis Sensors
By End User
o Hospitals
o Diagnostic Laboratories
o Homecare
o Others
Geography

o North America
• U.S
• Canada
o Europe
• Germany
• France
• U.K
• Italy
• Spain
• Russia
• Poland
• Rest of Europe
o Asia-Pacific
• Japan
• China
• India
• Australia & New Zealand
• Rest of Asia-Pacific
o Rest of World
• Brazil
• South Africa
• Saudi Arabia
• Others

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