openPR Logo
Press release

Biomedical Sensors Market Overwhelming Revenue Growth of US$ 15,338.57 million to Hit of 7.4% CAGR by 2027

07-13-2022 02:31 PM CET | Health & Medicine

Press release from: The Insight Partners

Biomedical Sensors Market

Biomedical Sensors Market

According to our new market research study on "Biomedical Sensors Market to 2027 - COVID-19 Impact and Global Analysis - by Type, Sensor Type, Product, and Application," the market is expected to reach US$ 15,338.57 million in 2027 from US$ 8,688.63 million in 2019. The market is estimated to grow at a CAGR of 7.4% from 2020 to 2027. The growth of the market is attributed to factors such as increase in geriatric population, rise in demand for home-based medical care, technological advancements in the medical device industry, rise in adoption of IoT-based medical devices, and increase in healthcare expenditure worldwide.

The growth of the market is attributed to factors such as increase in geriatric population, rise in demand for home-based medical care, technological advancements in the medical device industry, rise in adoption of IoT-based medical devices, and increase in healthcare expenditure worldwide.

List of Companies operating in this report are:
Analog Devices, Inc.; GE Healthcare; STMicroelectronics; Honeywell International; Medtronic; NXP Semiconductors N.V.; Pinnacle Technology Inc.; Sensirion AG; TE Connectivity; and Texas Instruments Incorporated are among the leading companies in the biomedical sensors market.

Get Sample PDF Copy of Biomedical Sensors Market at:

Factors such as antimicrobial resistance, adoption of unhealthy lifestyles, alcohol consumption, and smoking contribute to rising prevalence of lifestyle-based diseases, such as diabetes. As per the International Diabetes Federation, in 2019, ~463 million adults had diabetes, and this number is expected to reach 700 million by 2045. Therefore, the demand for biomedical sensors is increasing for regular health monitoring.

Additionally, rising number of geriatric population and increasing cases of obesity are the factors promoting the health awareness among population. Various established players in the medical device industry have been investing a significant amount in R&D activities to develop better and advanced solutions to cater to the needs of their customers. With the regulations laid down by the government bodies, it is possible to obtain better and reliable health management solutions, ensuring quality care, patient safety, and disease management.

Biomedical Sensors Market - by Type
• Wired
• Wireless
Biomedical Sensors Market - by Sensor Type
• Temperature
• Pressure
• Image Sensor
• Biochemical
• Inertial Sensor
• Motion Sensor
• Electrocardiogram (ECG)
• Other Sensor Types
Biomedical Sensors Market - by Product
• Invasive Sensors
• Non-Invasive Sensors
Biomedical Sensors Market - by Application
• Medical Diagnostics
• Clinical Therapy
• Imaging
• Personal Healthcare

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Biomedical Sensors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Have Question? Speak to Analyst at:

Essential points covered in Biomedical Sensors market report are:-
1 What will the market size and the growth rate be in 2027?
2 What are the key growth stimulants of Biomedical Sensors market?
3 What are the key market trends impacting Biomedical Sensors market valuation?
4 What are the challenges to market proliferation?
5 Who are the key vendors in the Biomedical Sensors market?
6 Which are the leading companies contributing to Biomedical Sensors market valuation?
7 What was the market share held by each region in 2027?
8 What is the estimated growth rate and valuation of Biomedical Sensors market in 2027?

Several market forces such as drivers and restraints and political, social, economic and technological advancements help shape up the industry in specific manner. All such forces are studied in detail to arrive at a market forecast which can help build the investment strategies in Biomedical Sensors market.

Furthermore, the market is segmented based on type, application, and region in order to study it exhaustively and provide the data in a systematic manner. Speaking of competitive landscape, the study includes a list of leading companies along with their product and service offerings, strategic decisions, SWOT analysis, latest developments, market share captured, growth rate, and valuation. The challenges faced by these companies are analyzed and solutions for them are given as well.

Order a Copy of the Biomedical Sensors Market Share, Strategies and Forecasts 2021-2028 Research Report at:

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Biomedical Sensors Market Overwhelming Revenue Growth of US$ 15,338.57 million to Hit of 7.4% CAGR by 2027 here

News-ID: 2679063 • Views: 186

More Releases from The Insight Partners

Health Information Exchange Market Trends, Opportunities, Key Players, Growth, A …
An off-the-shelf report on Health Information Exchange Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade
Master Patient Index Software Market Size by Top Global Leading Players, Opportu …
The market research report helps analyze the Master Patient Index Software Market on a global basis and also offers forecast and statistics in terms of revenue for the anticipated forecast period 2022 to 2028. This research study offers a detailed overview of the market dynamics that are expected to affect the overall industry in the coming few years. In addition, the study explains the impact of the key factors on
Healthcare Satellite Connectivity Market 2022 Industry Outlook, Comprehensive In …
The Insight Partners reports titled "Healthcare Satellite Connectivity Market" and forecast to 2028 gives a detailed analysis of the market with key company profiles. The Healthcare Satellite Connectivity market is evaluated based on two segments i.e., by type and application and covers essential statistics and details for current and future market scenarios. The report actively includes informative aspects relating to product developments, launches, and trends, to assist market players, shareholders,
Laboratory Information Management System Market Demand, Recent Trends and Develo …
The market study also includes the key drivers expected to boost the market growth and restraining factors along with future opportunities during the forecast. The Laboratory Information Management System Market is likely to showcase symbolic growth opportunities owing to growing demands for across the globe. The market report highlights top ten companies' operation strategy in the market through a descriptive SWOT analysis of each company, business overview, products and services,

All 5 Releases

More Releases for Sensor

Wheel Speed Sensor Market Growing Up By Sensor Type: Passive Sensor, Active Sens …
Acumen Research and Consulting has announced the addition of the "Wheel Speed Sensor Market” report to their offering. The Wheel Speed Sensor Market Report 2018 is an in depth study analyzing the current state of the Wheel Speed Sensor Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Wheel Speed Sensor Market provides analysis of China market covering
Smart Sensor Market - Transportation System Infrastructure & Aerospace Industrie …
Smart sensor market is expected to reach $15,840 million in 2023 from $4,805 million in 2016, growing at a CAGR of 18.4% from 2017 to 2023. Smart sensor have become an integral part of the aerospace and transportation industry. The robust growth in automobile sector, inclination of society towards IoT, development of smart cities, and surge in security threats are some of the major factors that drive the demand for
Global Body Sensor Market - By Type (EEG Sensor, Visual Sensor, Respiration Sens …
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Global Body Sensor Market - Assessment Covering Growth Factors and Upcoming Trends by 2022 End”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2022. The report also targets important facets such as market drivers, challenges, latest trends,
Smart Wearable Fitness Devices Sensors Market to 2025 Temperature Sensor, Pressu …
The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Smart Wearable Fitness Devices Sensors by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report. This research report is equipped with the information categorizing Smart Wearable Fitness Devices
Sensor Market to Reach $ 190.95 Billion By 2022: Optical sensor, Image Sensor, T …
Industry Trend Analysis: Sensor Market is expected to experience significant growth in coming years between 2014 and 2022. The market is expected to reach $190.95 billion by 2022 at a growing CAGR of 9.14%. Increasing application in automotive application, collision prevention, healthcare monitoring and oil platforms will enhance the growth of sensor market in the upcoming years. In addition, growing application of sensors in military and surveillance, transportation and logistics will
Motion Sensor Market Revenue Forecast 2015 - 2023 Microwave Sensor, Infrared Mot …
Research report on "Motion Sensor Market (By Types - MEMS Magnetometer, MEMS Accelerometer, MEMS Gyroscope and Sensor Combos By Technology Types - Microwave Sensor, Infrared Motion Sensor, Tomographic Sensor, Ultrasonic Sensor and Others By Application Type - Industrial Application, Consumer electronics, Automotive Application, Fitness and Wellness, Healthcare, Aerospace and Defense and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023" Motion sensor is a device that