The global medical sensor market is projected to grow with a CAGR of 6% to 8% from 2020 to 2025. The growth of medical sensor market is driven by increasing adoption of Internet of Things (IoT)-based medical devices and rising healthcare expenditure in various countries.
Some of the Key Questions answered in
this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the medical sensor
market by sensor type (biosensors, temperature sensors, motion sensors, image
sensors, flow sensors, pressure sensors, and others), application (diagnostics
imaging, patient monitoring, and medical implants & endoscopy), placement
(wearable sensors, wireless sensors, and implantable sensors), product type
(invasive and non-invasive), end use industry (hospitals, clinics, home care,
and others), and region (North America, Europe, Asia Pacific (APAC), and Rest
of the World (ROW))?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the medical sensor market?
Q.4 What are some
changing demands of customers in the medical sensor market?
Q.5 What are the new
developments in the medical sensor market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this medical sensor area and how big of a
threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this medical sensor market?
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Market Segmentation:
Based on sensor type,
the medical sensor market is segmented into biosensors, temperature sensors,
motion sensors, image sensors, flow sensors, pressure sensors, and others. The pressure
sensor segment accounted for the largest share of the market in 2020 and is
expected to register the highest CAGR during the forecast period, due to the increasing
adoption of these sensors in medical devices such as heart rate monitors,
inhalers and ventilators, blood pressure monitors, patient monitoring systems,
laparoscopic devices, and respiratory therapy devices.
APAC is expected to
witness the highest growth over the forecast period due to growth of the
healthcare industry.
Key Players in the
medical sensor market are Texas Instrument, TE Connectivity, Medtronics Plc,
NXP Semiconductors, Tekscan Inc, Amphenol Advanced Sensors, Proteus Digital
Health, Sensirion, and Innovative Sensor Technology.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/medical-sensor-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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