The image sensor is anticipated to grow at a highest rate during the analysis period

The global disposable medical sensor market was valued at $4,823 million in 2016, and is projected to reach $9,700 million by 2023, growing at a CAGR of 10.2% from 2017 to 2023. The biosensor segment accounted for nearly three sevenths share of the total market in 2016.

Key Findings of the Disposable Medical Sensor Market:

• The image sensor is anticipated to grow at a highest rate during the analysis period.
• The U.S. was the major shareholder in the North America disposable medical sensor market, and accounted for the highest share in 2016.
• The pressure sensor occupied about one-eighth share of the total disposable medical sensor market in 2016 and is expected to grow at a CAGR of 10.9% from 2017-2023.
• China occupied two-ninth share of the total Asia-Pacific disposable medical sensor market in 2016, registering a high CAGR of 13.1% from 2017 to 2023.
• The strip sensor segment dominated the market in 2016, growing at a CAGR of 9.6% from 2017 to 2023.
• The home care segment accounted for the two-fifth share in end user market for disposable medical sensors in 2016.

Disposable medical sensors are portable and cost-effective scanning devices used to diagnose and monitor various diseases. These devices function by measuring vital human parameters such as body temperature, breathing, and heart rates. Over the years, the disposable medical sensors have evolved in terms of features, performance, and characteristics. This is due to the continuous improvements in R&D of electronics in pharmaceutical and medical field. Furthermore, the advent of micro-electronics (MEMS) and high adoption of biosensors has played a significant role in the evolution of sensors in healthcare.

Leading market players:-

Leading market players analyzed in the research include Philips Healthcare, Sensirion AG Medtronic plc, Honeywell International, Inc., Smiths Group plc (Smiths Medical), STMicroelectronics, Omnivision Technologies, Inc., TE Connectivity (TE), First Sensor, and Ambu A/S.

Disposable Medical Sensors Market Segmentation:

The research offers a detailed segmentation of the global Disposable Medical Sensors market. Key segments analyzed in the research include by Product Type [Biosensors, Temperature Sensors, Pressure Sensors, Image Sensors, Accelerometers/Patient Position Sensors, Others], Placement Type [Wearable Sensors, Implantable Sensors, Ingestible Sensors, Invasive Sensors, Strip Sensors], Application [Patient Monitoring, Diagnostics, Therapeutics], and End User [Hospitals, Home Care, Diagnostic Laboratories, and Clinics] and geography. Extensive analysis of sales, revenue, growth rate, and market share of each FF and GG for the historic period and the forecast period is offered with the help of tables.

Source: https://www.openpr.com/news/2177486/disposable-medical-sensors-market-is-expected-to-reach-at-9-700