Disposable Medical Device Sensors Market - Trends Forecast Till 2028

Disposable Medical Device Sensors Market, By Product (Biosensor, Image sensor, Accelerometer), Type (Strip Sensors, Invasive Sensors, Wearable Sensors), Application (Diagnostic Testing, Therapeutics, Patient Monitoring, Imaging) and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa and South America)

Published Date: June, 2021

Base Year Estimate: 2020

Report ID: D-HC-DMDSM-191

Format:  

Number of Pages: 341

Domain: Healthcare

Disposable Medical Device Sensors Market – Trends Forecast Till 2028

The global Disposable Medical Device Sensors market is anticipated to reach USD 6.6 billion in 2021 growing at a CAGR of 7.8% during the forecasting period, 2021-2028.

Medical device sensors are devices that are used to detect several pathological and diseased conditions. These devices are used to collect and analyze the data from physiological observations such as temperature, blood glucose level, blood oxygenation, heart rate, breathing rate, etc. Sensors increase the intelligence of the devices and help the devices to function more autonomously as they can regulate the function based on the current physiology of the patient.

Advancements in technology and raising concerns over infections from hospitals and also the surge in requirements of home-based medical devices are some of the factors that have supported long-term expansion for the Disposable Medical Device Sensors industry.

Disposable Medical Device Sensors Market Report

The global Disposable Medical Device Sensors market is segmented into Product, Type, Application, and geography.

The product segment is segmented into Biosensor, Image sensor, Accelerometer

Application segment is segmented into Diagnostic Testing, Therapeutics, Patient Monitoring, and Imaging

The type segment is segmented into Strip Sensors, Invasive Sensors, and Wearable Sensors

Geographically, the global Disposable Medical Device Sensors market is sub-segmented into North America, Europe, Asia-Pacific, Middle East, and Africa and South America, and insights are provided for each region and major countries within the regions

Key players in the global Disposable Medical Device Sensors market are Abbott (US), F. Hoffmann-La Roche Ltd. (Switzerland), Medtronic (Ireland), Texas Instrument (US), Platinum Equity Advisors LLC (US), NXP Semiconductors (Netherlands), General Electric Company (US), TE Connectivity (Switzerland), STMicroelectronics (Switzerland), Honeywell International Inc. (US), Analog Devices, Inc. (the US), Smiths Group Plc (UK), Koninklijke Philips N.V. (Netherlands), Sensirion AG (Switzerland), Endress+Hauser Group Services AG (Switzerland), VitalConnect (US), Amphenol Corporation (US), CONMED Corporation (US), Will Semiconductor Co., Ltd. (China), Medical Sensors India Pvt. Ltd. (India), Shenzhen Med-Link Electronics Tech Co., Ltd. (China), Starboard Medical, Inc. (the US), LifeSignals (US), Nuova GmbH (Germany), and Gentag, Inc. (the US) among others.

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Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, a conference like Jefferies conference)—to identify and collect information useful for this study of the Disposable Medical Device Sensors market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial studies of the global Disposable Medical Device Sensors market. Through secondary, the market is classified and segmented as per of industry trend, development, regional market. Product and technology development.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess prospects. The following figure depicts the market research methodology used in drafting this report on the Disposable Medical Device Sensors market.

The primary Respondent breakdown is given below:

Disposable Medical Device Sensors Market Primary Respondents

 

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validate the total revenue of the Disposable Medical Device Sensors market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data we contact the primary respondent to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
  • Gain authentic and granular data access for the Disposable Medical Device Sensors market to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 6.6 billion

Growth Rate

CAGR of 7.8% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

Product, Type, Application, and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and the Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Abbott (US), F. Hoffmann-La Roche Ltd. (Switzerland), Medtronic (Ireland), Texas Instrument (US), Platinum Equity Advisors LLC (US), NXP Semiconductors (Netherlands), General Electric Company (US), TE Connectivity (Switzerland), STMicroelectronics (Switzerland), Honeywell International Inc. (US), Analog Devices, Inc. (the US), Smiths Group Plc (UK), Koninklijke Philips N.V. (Netherlands), Sensirion AG (Switzerland), Endress+Hauser Group Services AG (Switzerland), VitalConnect (US), Amphenol Corporation (US), CONMED Corporation (US), Will Semiconductor Co., Ltd. (China), Medical Sensors India Pvt. Ltd. (India), Shenzhen Med-Link Electronics Tech Co., Ltd. (China), Starboard Medical, Inc. (the US), LifeSignals (US), Nuova GmbH (Germany), and Gentag, Inc. (the US)

Available Customization

In addition to the market data for the Disposable Medical Device Sensors market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.

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