Disposable Medical Sensors Market - Analysis, Size, Growth and Demand, 2023

Disposable Medical Sensors are portable transducing devices that collects data and detect any alterations in the acquired data to provide electrical or optical output. The main function of these disposable medical sensors is to diagnosis, patient monitoring and to provide therapeutic processes. The global disposable medical sensors market is categorized on the basis of the product, placement of sensors, application, and end user. On the basis of product, the market is segmented into biosensors, instrument pressure sensors, services accelerometers, temperature sensors, image sensors, and other sensors. Biosensors holds the largest shares in the market. However, the wide use of CMOS based Image sensors coupled with the rise in endoscopic products and procedures will mark the fastest growth of Image sensors in the forecast period.

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Based on placement of sensors, the disposable medical sensors market is categorised into strip sensors, wearable sensors, implantable sensors, invasive sensors, ingestible sensors. Among these segments, the ingestible sensors are expected to be the fastest growing segment, while the strip sensors accounted for the largest share of the global market.

Over the years, there have been increasing number of cases of contamination and infections acquired from hospitals and clinics, thereby driving the growth of disposable medical sensors in home-care. The rising demand to produce low cost medical equipment is another factor driving the growth of the global disposable medical sensors market. Reciprocating this demand, government along with private firms provide support to the R&D activities, acting as major driver in the growth of global market.

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Similarly, Gentag has developed a breakthrough product in terms of incorporating near field communication (NFC) technology to monitor remote patients worldwide.

STMicroelectronics N.V., GE Healthcare, Philips Healthcare, Honeywell International, Inc., Freescale Semiconductor, Inc., Medtronic PLC, Smiths Medical, Analog Devices, Inc., TE Connectivity, Covidien PLC, Mayo Clinic, Sensirion AG, Given Imaging, Measurement Specialties and Gentag are some of the key players in the global disposable medical sensors market.

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