Global Disposable Medical Sensors Market to 2026: A $21.9 Billion Opportunity - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 30, 2018--The “Disposable Medical Sensors - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the Global Disposable medical sensors market accounted for $6,073.62 million in 2017 and is expected to reach $21,892.59 million by 2026 growing at a CAGR of 11.7%.
Factors such as increasing number of chronic diseases, growing demand Low-Cost Medical Devices, rising government support in advancing Research & Development activities and technological advancements are favouring the market. However, lack of reimbursement, strict government policies are some of the factors hampering the market. In addition, advantage of using Medical Sensor-Based Devices in Home Care Settings is one of the major opportunities during the forecast period.
By product, the demand for biosensors is rising rapidly due the growing number of infectious diseases, need for point of care testing where biosensors are used. Rising incidence of chronic diseases, demand for invasive diagnostic testing is fueling the growth of Ingestible sensors. On the other hand, patient Monitoring has acquired largest market share as the demand for medical sensors and Monitoring devices are growing.
Asia Pacific is anticipated to be one of the fastest growing regions for disposable medical sensors owing the large number of geriatric population, growing healthcare expenditure. North America is dominating the market with innovations of new products and also due the existence of huge number of industry players in this market.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porter’s Five Forces Analysis
5 Global Disposable Medical Sensors Market, By Sensor Type
6 Global Disposable Medical Sensors Market, By Placement of Sensors
7 Global Disposable Medical Sensors Market, By Application
8 Global Disposable Medical Sensors Market, By End User
9 Global Disposable Medical Sensors Market, By Geography
10 Key Developments
11 Company ProfilingKoninklijke Philips N.V. GE Healthcare Medtronic Plc Philips Helathcare Gentag Inc. Honeywell International Inc. NXP Semiconductors N.V. Sensirion AG General Electric Company Smiths Group plc TE Connectivity Ltd. STMicroelectronics N.V. Omnivision Technologies First Sensor Ambu A/S
For more information about this report visit https://www.researchandmarkets.com/research/mqp429/global_disposable?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180830005346/en/
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Related Topics:Medical Devices,Hospital Disposables
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
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PUB: 08/30/2018 06:22 AM/DISC: 08/30/2018 06:22 AM