Uploaded on Feb 2, 2021
Medical sensors market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 10.94 billion by 2027 growing at a CAGR of 8.85% in the above-mentioned forecast period. The improvement of wearable and disease diagnosing kits will help in driving the growth of the medical sensors market.
COVID-19 Economic Impact on Medical Sensors Market - Trends, Challenges and Outlook to 2027
COVID-19 Economic Impact on Medical Sensors
Market - Trends, Challenges and Outlook to 2027
Medical Sensors Market, By Product Type (Pressure Sensor, Accelerator (Inertial)
Sensors, Motion Sensor, Image Sensor, Electrocardiogram Sensor, Temperature Sensor,
Blood Glucose, Blood Oxygen Sensor), Placement Type (Strip Sensors, Wearable
Sensors, Implantable Sensors, Non-Invasive and Invasive Sensors, Ingestible Sensors),
Application (Diagnostic, Therapeutics, Monitoring, Imaging, Fitness and Wellness,
Others), End Users (Hospitals, Ambulatory Centers, Clinics, Community Healthcare),
Distribution Channel (Retail, Direct Tenders), Country (U.S., Canada, Mexico, Germany,
Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of
Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand,
Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America,
South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry
Trends and Forecast to 2027
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Report Description
Medical sensors market is expected to gain market growth in the forecast period of 2020
to 2027. Data Bridge Market Research analyses the market to account to USD 10.94
billion by 2027 growing at a CAGR of 8.85% in the above-mentioned forecast period. The
improvement of wearable and disease diagnosing kits will help in driving the growth of
the medical sensors market.
Growing usages of sensors in the clinics and home applications, growing awareness
among the patients for monitoring and diagnosing of the disease, huge investment in
research and development of devices based on sensors will likely to accelerate the
growth of the medical sensors market in the forecast period of 2020-2027. On the other
hand, collaboration among key market players for development of advanced and
sophisticated medical sensors is further going to boost various opportunities that will
lead to the growth of the medical sensors market in the above mentioned forecast
period.
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Major Key Players
Some of the major players operating in this market are :
• Koninklijke Philips N.V.
• Sensirion AG Switzerland
• Honeywell International Inc
• Smiths Group plc
• STMicroelectronics
• OmniVision Technologies, Inc.
• MEMSIC, Inc
• Universal Biosensors
• Biosensors International Group, Ltd.
• GeekWire, LLC,
• GENERAL ELECTRIC COMPANY, Medtronic
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Market Segmentation
• By Product Type (Pressure Sensor, Accelerator (Inertial) Sensors, Motion
Sensor, Image Sensor, Electrocardiogram Sensor, Temperature Sensor,
Blood Glucose, Blood Oxygen Sensor)
• By Placement Type (Strip Sensors, Wearable Sensors, Implantable Sensors,
Non-Invasive and Invasive Sensors, Ingestible Sensors)
• By Application (Diagnostic, Therapeutics, Monitoring, Imaging, Fitness and
Wellness, Others)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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About Data Bridge Market
Research
An absolute way to forecast what future holds is to comprehend the trend
today!
Data Bridge Market Research set forth itself as an unconventional and
neoteric Market research and consulting firm with unparalleled level of
resilience and integrated approaches. We are determined to unearth the best
market opportunities and foster efficient information for your business to
thrive in the market. Data Bridge endeavors to provide appropriate solutions
to the complex business challenges and initiates an effortless decision-making
process.
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