Global Medical Pressure Sensors Market Growth 2019-2024

A pressure sensor is a device that senses pressure and converts it into an electric signal where the amount depends upon the pressure applied. Medical pressure sensors monitor a patient’s condition by providing accurate and reliable diagnostics in a broad range of conditions.

Typically, medical pressure sensors are used to measure gage or differential pressures. Measurement of these pressures can then be used to calculate volumetric flow rates as well as fluid, gas or air volumes.

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At present, in the foreign industrial developed countries the medical pressure sensors industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in USA and Europe. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, the technical level is in a leading position. The key consumption markets locate at developed countries. North America and Europe takes the market share of over 60%.But foreign companies’ manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost has competitive disadvantage, as the Chinese medical pressure sensors production technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase . But the production technology is relatively laggard, it can only produce some low-end product, although the new production lines is increasing, the high-end product is still relying on import.

By end user, the global pressure sensors market is segmented into Respiratory Devices, Patient Monitors Devices, Diagnostics/Analytical Equipment, Surgical instruments etc. In 2015, the Respiratory Devices application include Anesthesia Delivery Machines, Oxygen Concentrators, Sleep Apnea Machines (CPAP machines) and Ventilators held the largest share in the global market and accounted for a market share of 41.74%.

According to this study, over the next five years the Medical Pressure Sensors market will register a 7.7% CAGR in terms of revenue, the global market size will reach US$ 930 million by 2024, from US$ 600 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Medical Pressure Sensors business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Pressure Sensors market by product type, application, key manufacturers and key regions and countries.

This study considers the Medical Pressure Sensors value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
MEMS Based Medical Pressure Sensors
Pressure Transduce for Medical
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Respiratory Devices
Patient Monitors Devices
Diagnostics/Analystical Equipment
Surgical Instruments
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
TE Connectivity (Measurement Specialties)
Honeywell
NXP+ Freescale
Amphenol
Infineon
First Sensor AG
TDK EPCOS
Edwards Lifesciences
Smiths Medical
Argon
ICU Medical
Merit Medical Systems
Biosenor International

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives
To study and analyze the global Medical Pressure Sensors consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Medical Pressure Sensors market by identifying its various subsegments.
Focuses on the key global Medical Pressure Sensors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Medical Pressure Sensors with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Medical Pressure Sensors submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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