Global Medical Sensors Market is Expected to Reach USD 1.7 Billion by 2025, at a CAGR of 6.8% from 2020 to 2025 - ResearchAndMarkets.com

DUBLIN--()--The "Medical Sensors Market by Sensors Type (Pressure, Temperature, Blood Oxygen, Blood Glucose, Ingestible), Application (Monitoring, Diagnostic Imaging, Medical Implants), Product (Invasive, Non-Invasive), and Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The medical sensors market is estimated to be worth USD 1.2 billion in 2020 and is expected to reach USD 1.7 billion by 2025, at a CAGR of 6.8% from 2020 to 2025.

Medical sensors market anticipated growing at CAGR of 6.8% from 2020 to 2025

The global medical sensors market exhibits a lucrative growth potential for the next several years. The major factors driving the growth of the medical sensors market are rising incidents of chronic diseases, the growing geriatric population, increasing demand for home-based medical care devices, and technological advancements in the medical device industry, increasing adoption of connected medical devices, and rising expenditure on healthcare across the world.

The market for Ingestible sensors estimated to grow at the highest CAGR during the forecast period

Medication adherence, growing healthcare expenditure, and technological advancements in medical diagnosis tools such as endoscopy are the key factors contributing to the growth of the ingestible sensors market. Ingestible sensors are mainly used for medical applications such as diagnosis, patient monitoring, and drug delivery application.

The market for medical implants and endoscopy estimated to grow at highest CAGR during the forecast period

Factors driving the demand for medical implants and endoscopy includes rising neurological disorders in the aging population, innovative technological medical advancements, increasing consumer awareness, cost-effective products, improved clinical outcomes, development of advanced implantable neurostimulation devices. Growing FDA approvals for clinical trials are further propelling the growth of the medical sensors market.

The market for invasive products estimated to grow at the highest CAGR during the forecast period

Factors accelerating the growth of sensors for an invasive product include the rising demand for implantable cardioverter defibrillators, pacemakers, implantable loop recorders, and endoscopes and an increasing number of training and awareness programs across the world to provide the benefits of invasive devices among the elderly population across the globe.

Medical sensors market in the Asia Pacific to grow at the highest CAGR between 2020 and 2025

Major factors driving the market growth in Asia pacific include increasing awareness among the elderly population regarding digital healthcare, the growing elderly population in countries like Japan and South Korea, and improving healthcare infrastructure owing to various government initiatives in developing countries like China, India, and Indonesia. Increasing aging population and strong government support to provide improved healthcare services by the government of China and India are other factors contributing to the growth of the medical sensors market in the Asia Pacific. The government in APAC countries such as Australia, China, and India have invested heavily in the healthcare infrastructure and the provision of basic health insurance for all of its citizens. Moreover, an increase in discretionary income and a population that is aging faster are the other crucial factors propelling the medical sensors market in the Asia Pacific region.

Key Benefits of Buying This Report:

  • This report includes the market statistics pertaining to component, application, product, and region.
  • An in-depth value chain analysis has been done to provide deep insight into the medical sensors market.
  • Major market drivers, restraints, challenges, and opportunities have been detailed in this report.
  • Illustrative segmentation, analyses, and forecasts for the market based on component, application, product, and region have been conducted to provide an overall view of the medical sensors market.
  • The report includes an in-depth analysis and ranking of key players.

Key Topics Covered:

1. Introduction

1.1. Objectives of the Study

1.2. Report Description

1.3. Markets Covered

1.4. Stakeholders

1.5. Market Scope

2. Research Methodology

2.1. Introduction

2.2. Research Data

2.3. Market Size Estimation

2.4. Key Industry Insights

2.5. Research Assumptions

3. Executive Summary

4. Premium Insights

5. Market Overview

5.1. Introduction

5.2. Evolution of Medical Sensors

5.3. Market Dynamics

5.3.1. Drivers

5.3.2. Restraints

5.3.3. Opportunities

5.3.4. Challenges

5.3.5. Burning Issues

5.4. Medical Sensors Structure and Regulations

6. Industry Trends

6.1. Introduction

6.2. Value Chain Analysis

6.3. Industry Trends

6.3.1. Technology Roadmap

6.3.2. IoT in Healthcare

6.3.3. Widespread adoption of wearables in healthcare

6.3.4. AI-based monitoring devices

6.3.5. Internet of Medical Things (IoMT)

6.3.6. Connected Healthcare

6.4. Pest Analysis

6.4.1. Political Factors

6.4.2. Economic Factors

6.4.3. Social Factors

6.4.4. Technological Factors

7. Medical Sensors Market, By Sensor Type

7.1. Sensors

7.1.1. Temperature Sensor

7.1.2. Pressure Sensor

7.1.3. Blood Glucose Sensor

7.1.4. Blood Oxygen Sensor

7.1.5. ECG Sensor

7.1.6. Image Sensor

7.1.7. Motion Sensor

7.1.8. Heart Rate Sensor

7.1.9. Ingestible Sensors

7.1.10. Biosensors

7.1.11. Others

8. Medical Sensors Market, By Placement Mode

8.1. Introduction

8.2. Wearable Sensors

8.3. Wireless Sensors

8.4. Implantable Sensors

8.5. Strip Sensors

8.6. Others

9. Medical Sensors Market, By Applications

9.1. Introduction

9.2. Monitoring

9.3. Diagnostics Imaging

9.4. Therapeutics

9.5. Wearables

9.6. Wellness & Fitness

9.7. Others

10. Medical Sensors Market, By Connectivity Technology (Qualitative only)

10.1. Introduction

10.2. Wi-Fi

10.3. Bluetooth Low Energy

10.4. Zigbee

10.5. Near Field Communication

10.6. Cellular

11. Medical Sensors Market, By Product Type

11.1. Invasive

11.2. Non-Invasive

12. Geographic Analysis

12.1. Introduction

12.2. North America

12.3. South America

12.4. Europe

12.5. Asia Pacific

12.6. Rest of the World

13. Competitive Landscape

13.1. Overview

13.2. Market Rank Analysis

13.3. Competitive Scenario

13.4. Medical Sensors Market (Global): Competitive Leadership Mapping, 2018

13.5. Business Strategy Analysis

13.6. Product Portfolio Analysis

14. Company Profiles

14.1. Introduction

14.2. Texas Instruments

14.3. ST Microelectronics

14.4. NXP Semiconductors

14.5. Medtronics

14.6. Tekscan, Inc.

14.7. TE Connectivity

14.8. First Sensors

14.9. Amphenol ASTG

14.10. Honeywell International

14.11. Sensirion AG

14.12. Other Company

14.12.1. Innovative Sensor Technology

14.12.2. Keller America

14.12.3. Merit Medical Systems

14.12.4. OmniVision Technologies

14.12.5. Infineon

14.12.6. TDK Electronics AG

14.12.7. AMS AG

14.12.8. GloSense

14.12.9. Dexcom

14.12.10. Isansys Ltd

14.12.11. Cardiomos

14.12.12. Senseonics

For more information about this report visit https://www.researchandmarkets.com/r/f0jwr2

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900