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Biomedical Fiber-optic Pressure Sensors Market Is Booming Worldwide | Althen, FISO, Opsens Solutions, Micron Optics (Luna Innovations), RJC Enterprises

12-28-2021 11:25 AM CET | Associations & Organizations

Press release from: Market Insights Reports

Biomedical Fiber-optic Pressure Sensors Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

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Biomedical Fiber-optic Pressure Sensors Market was valued at USD 844.25 million in 2020 and expected to reach USD 1379.35 million by 2026, and grow at a CAGR of 7.63% over the forecast period (2021 - 2026)

Markets Segmentation:

Top leading Companies Profiled in Biomedical Fiber-optic Pressure Sensors Market Report are Althen, FISO, Opsens Solutions, Micron Optics (Luna Innovations), RJC Enterprises, Halliburton, Autonics, Sylex, Honeywell, ABB, Amphenol, Panasonic, Siemens

News and Updates

May 2019 - FISO Technologies launched small innovative sensor FOP-M200, with a diameter of 200 microns and a lead-in fiber of 100 microns. This development of fiber optic sensors and signal conditioners used in medical, energy, process control, and R&D applications.

January 2019 - All Sensors Corporation announced a low-pressure transmitter, the TLAX Series. This device series offers design engineers exceptional performance on pressure ranges of 0.5 to 30 inH2O differential and gauge and 1 to 150 PSI differential and gauge. The superior dual-die technology vastly improves position sensitivity compared to single die devices.

Market Overview

Biomedical pressure sensors are used in applications that target three major respiratory disorders: asthma, chronic obstructive pulmonary disease, and sleep apnoea. They are used in both diagnostic types of equipment, for measuring the pressure of air expelled from the lungs, along with therapeutic equipment, such as, oxygen therapy equipment, nebulizers, and ventilators. 

Wearable and implantable devices or electronics have rapidly entered the area of digital health in various biomedical applications, including monitoring, tracking, and recording aiming for the improvement of fitness and wellness, which is penetrating the adoption of a different biomedical pressure sensor device.

For instance, Tajitsu et al. implemented a piezoresistive pressure sensor in a wristband for HR monitoring, which monitors the pressure variation in the radial artery that causes mechanical stress on the piezoelectric layer, resulting in potential variation across the electrodes.

Regional Analysis

The Asia-Pacific region accounted for the major share because of growth in application areas of the healthcare sector. The escalating demand in the emerging economies of China, South Korea, and India is predicted to spur the regional demand for such sensors.

Increase in government initiatives in mHealth products, rise in adoption of smartphones and other electronic devices with sensor technology, the surge in investment by public and private players to introduce sensors in mHealth, and rise in adoption of IoT and advanced technologies are the major factors driving the market.

Asia-Pacific region is expected to gain market share due to the rise in prevalence of chronic disorders and a surge in awareness about medical sensors among the people. Increased focus on the development of medical sensors in the past few years, improvement in health care infrastructure, and early detection of diseases fuel the growth of the medical sensors market in these regions.

Market Segmented By Types

Digital

Analog

Market Segmented By Applications

Diagnostic

Therapeutic

Medical Imaging

Monitoring

Fitness and Wellness

Other Applications

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Biomedical Fiber-optic Pressure Sensors Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Biomedical Fiber-optic Pressure Sensors market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Biomedical Fiber-optic Pressure Sensors market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Biomedical Fiber-optic Pressure Sensors

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In conclusion, the Biomedical Fiber-optic Pressure Sensors market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Biomedical Fiber-optic Pressure Sensors Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
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sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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