Medical Sensors Market Size to Reach Revenues of 2.31 Billion by 2026 – Arizton

The global medical sensors market was valued at USD 2.17 billion in 2020 and is expected to reach USD 2.31 billion by 2026, growing at a CAGR of 1.04%.

The increased incorporation of sensors into healthcare devices, high demand for wearable sensors, and rise in advancements of IoT-based healthcare have contributed to the growth of the medical sensors industry. By geography, North America dominated with the highest share of 37.78% in the global medical sensors industry in 2020. The outbreak of COVID-19 has increased the demand for respiratory devices and remote monitoring wearables incorporated with different types of medical sensors. In 2020, force sensors accounted for a share of 23.12% in the global medical sensors market. Most of the therapeutic and drug delivery devices require a change in force to function. This change in force is either made automatically by the device or manually by the patient. Therefore, incorporating force-sensing technology into drug-delivery and therapeutic devices can go a long way in addressing patient needs.

The following factors are likely to contribute to the growth of the global medical sensors market during the forecast period:
• Rise in advanced wearable devices and home healthcare services
• Novel materials used in medical sensors
• Growing number of start-ups promoting medical sensors
• AI based medical sensors for clinical sensors
• Growing usage of biomedical sensors
The study considers a detailed scenario of the present global medical sensors market and its market dynamics for the period 2021−2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

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Medical Sensors Market – Vendor Landscape

Key Vendors
• TE Connectivity
• STMicroelectronics
• Sensirion AG
• ON Semiconductor Corporation
• Tekscan
• NXP Semiconductors
• Amphenol Corporation

Other Prominent Vendors
• All Sensors Corporation
• ams AG
• Analog Devices
• Biometrics
• Celera Motion
• Cubic Sensor and Instrument Co.
• GE Healthcare
• Gems Sensors
• Golden Valley Products
• Honeywell International
• Innovative Sensor Technology IST AG
• Introtek International
• Jiangsu Bairun Medical Technology
• Maxim Integrated
• Medtronic
• OmniVision
• Orantech
• Koninklijke Philips N.V.
• PreSens
• Sensing Systems Corporation
• Sensor Solutions
• Servoflo Corporation
• Smiths Medical
• SST Sensing
• Strain Measurement Devices
• Thought Technology
• Viomedex

Medical Sensors Market - Segmentation

Segmentation by Product Type
• Force sensors
• Airflow sensors
• Pressure sensors
• Temperature sensors
• Humidity sensors
• Others
Segmentation by Mechanism
• Physical
• Biomedical
• Chemical
Segmentation by Application
• Diagnostics & imaging
• Patient monitoring
• Medical implants & endoscopy
• Others
Segmentation by Geography
• North America
• US
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• APAC
• China
• Japan
• India
• South Korea
• Australia
• Latin America
• Brazil
• Mexico
• Argentina
• Middle East and Africa
• South Africa
• Saudi Arabia
• Turkey

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Medical Sensors Market – Table of Contents

1 Research Methodology
2 Research Objectives
3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope of the Study
4.3.1 Market Segmentation by Product Type
4.3.2 Market Segmentation by Mechanism
4.3.3 Market Segmentation by Application
4.3.4 Market Segmentation by Geography

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance

7 Introduction
7.1 Overview
7.1.1 Applications of Medical Sensors
7.1.2 Different Types of Medical Sensors
7.1.3 Evolution of Smart Medical Sensors

8 Market Opportunities & Trends
8.1 Rising Use of Advanced Wearable Devices & Home Healthcare Services
8.2 Novel Materials Used in Medical Sensors
8.3 Growing Number of Startups Promoting Medical Sensors
8.4 AI-Based Medical Sensors for Clinical Decisions

9 Market Growth Enablers
9.1 Increased Miniaturization of Sensors into Medical Devices
9.2 Growing Use of Biomedical Sensors
9.3 Increasing Use of Wearable Sensors in Healthcare
9.4 Use of IoT-Based Applications in Healthcare Devices

10 Market Growth Restraints
10.1 Security Issues with Wireless Medical Sensor Networks
10.2 Strict Regulations & Longer Product Approvals
10.3 Challenges in Designing Medical Sensors

11 Market Landscape
11.1 Market Overview
11.2 Market Size & Forecast
11.3 COVID-19 Impact on Medical Sensors
11.4 Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry

12 Product Type
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Force Sensors
12.3.1 Market Overview
12.3.2 Market Size & Forecast
12.3.3 Force Sensors: Geography Segmentation
12.4 Airflow Sensors
12.4.1 Market Overview
12.4.2 Market Size & Forecast
12.4.3 Airflow Sensors: Geography Segmentation
12.5 Pressure Sensors
12.5.1 Market Overview
12.5.2 Market Size & Forecast
12.5.3 Pressure Sensors: Geography Segmentation
12.6 Temperature Sensors
12.6.1 Market Overview
12.6.2 Market Size & Forecast
12.6.3 Temperature Sensors: Geography Segmentation
12.7 Humidity Sensors
12.7.1 Market Overview
12.7.2 Market Size & Forecast
12.7.3 Humidity Sensors: Geography Segmentation
12.8 Others
12.8.1 Market Overview
12.8.2 Market Size & Forecast
12.8.3 Others: Geography Segmentation

13 Mechanism
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Physical
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.3.3 Physical: Geography Segmentation
13.4 Biomedical
13.4.1 Market Overview
13.4.2 Market Size & Forecast
13.4.3 Biomedical: Geography Segmentation
13.5 Chemical
13.5.1 Market Overview
13.5.2 Market Size & Forecast
13.5.3 Chemical: Geography Segmentation

14 Application
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Diagnostics & Imaging
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.3.3 Diagnostics & Imaging: Geography Segmentation
14.4 Patient Monitoring
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.4.3 Patient Monitoring: Geography Segmentation
14.5 Medical Implants & Endoscopy
14.5.1 Market Overview
14.5.2 Market Size & Forecast
14.5.3 Medical Implants & Endoscopy: Geography Segmentation
14.6 Others
14.6.1 Market Overview
14.6.2 Market Size & Forecast
14.6.3 Others: Geography Segmentation

15 Geography
15.1 Market Snapshot & Growth Engine
15.2 Geographic Overview

16 North America
16.1 Market Overview
16.2 Market Size & Forecast
16.2.1 North America: Product Type
16.2.2 North America: Mechanism
16.2.3 North America: Application
16.3 Key Countries
16.3.1 US: Market Size & Forecast
16.3.2 Canada: Market Size & Forecast

17 Europe
17.1 Market Overview
17.2 Market Size & Forecast
17.2.1 Europe: Product Type
17.2.2 Europe: Mechanism
17.2.3 Europe: Application
17.3 Key Countries
17.3.1 Germany: Market Size & Forecast
17.3.2 UK: Market Size & Forecast
17.3.3 France: Market Size & Forecast
17.3.4 Italy: Market Size & Forecast
17.3.5 Spain: Market Size & Forecast

18 APAC
18.1 Market Overview
18.2 Market Size & Forecast
18.2.1 APAC: Product Type
18.2.2 APAC: Mechanism
18.2.3 APAC: Application
18.3 Key Countries
18.3.1 China: Market Size & Forecast
18.3.2 Japan: Market Size & Forecast
18.3.3 India: Market Size & Forecast
18.3.4 South Korea: Market Size & Forecast
18.3.5 Australia: Market Size & Forecast

19 Latin America
19.1 Market Overview
19.2 Market Size & Forecast
19.2.1 Latin America: Product Type
19.2.2 Latin America: Mechanism
19.2.3 Latin America: Application
19.3 Key Countries
19.3.1 Brazil: Market Size & Forecast
19.3.2 Mexico: Market Size & Forecast
19.3.3 Argentina: Market Size & Forecast

20 Middle East & Africa
20.1 Market Overview
20.2 Market Size & Forecast
20.2.1 Middle East & Africa: Product Type
20.2.2 Middle East & Africa: Mechanism
20.2.3 Middle East & Africa: Application
20.3 Key Countries
20.3.1 South Africa: Market Size & Forecast
20.3.2 Saudi Arabia: Market Size & Forecast
20.3.3 Turkey: Market Size & Forecast

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