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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1490004
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1490004
Medical Sensors Market, By Sensor Type, By Mode of Delivery, By Application, By End User, By Geography
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PAGES: 145 Pages
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The global medical sensors market is estimated to be valued at USD 24.59 Bn in 2024 and is expected to reach USD 49.15 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 10.4% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | US$ 24.59 Bn |
| Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
| Forecast Period 2024 to 2031 CAGR: | 10.40% | 2031 Value Projection: | US$ 49.15 Bn |
Figure. Medical Sensors Market Share (%), By Region, 2024
The global medical sensors market has been witnessing steady growth over the past few years. Medical sensors play a crucial role in patient monitoring in healthcare facilities and are growing in importance due to increasing cases of chronic diseases across the globe and rapid digitization in the healthcare sector. Key types of medical sensors include temperature sensors, blood glucose sensors, blood oxygen sensors, Electrocardiography (ECG) sensors, image sensors, motion sensors, pressure sensors, and others. Advancements in microelectronics and wireless technologies are enabling the development of miniaturized self-powered sensors that can continuously monitor various health parameters outside clinical settings. With greater focus on preventive healthcare and increasing demand for home healthcare services, the role of medical sensors are expanding beyond hospitals and clinics to remote patient monitoring applications as well.
Market Dynamics:
The global medical sensors market is primarily driven by the rising geriatric population and growing prevalence of chronic and lifestyle diseases worldwide. According to estimates, chronic diseases affect over 140 million people in the U.S. and account for around 70% of the national health expenditure. Growing focus on early detection and preventive healthcare offers lucrative opportunities for medical sensors used for remote patient monitoring solutions. However, unfavorable reimbursement policies and high cost of advanced medical devices partially inhibit the market's growth. Ongoing technological advancements in miniaturization of electronics and development of wireless, wearable, and flexible sensors present major opportunities.
Key Features of the Study:
- This report provides an in-depth analysis of the global medical sensors market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global medical sensors market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this includes Medtronic, SteadySense GmbH, Koninklijke Philips N.V. (Philips), GE Healthcare, Honeywell International Inc, F. Hoffmann-La Roche Ltd, Texas Instruments Incorporated, Analog Devices, Inc. , VitalConnect, Bardy Diagnostics, Neuralink, PreTel Health, Sensirion AG, Sensium Healthcare, Omron Healthcare, Inc., and Bontara, STAT Health.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- Global medical sensors market caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical sensors market.
Detailed Segmentation-
- By Product Type:
- Temperature Sensor
- ECG Sensor
- Blood Glucose Sensor
- Biosensor
- Motion Sensor
- Others (Pressure sensors, etc.)
- By Mode of Delivery:
- Skin-attached
- Wearable
- Implantable
- Others
- By Application:
- Remote Patient Monitoring
- Fitness Monitoring
- Chronic Disease Management
- Drug Delivery
- Others
- By End User:
- Hospitals & Clinics
- Home Healthcare
- Fitness and Wellness Centers
- Clinical and Diagnostic Laboratories
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Company Profiles:
- Medtronic
- SteadySense GmbH
- Koninklijke Philips N.V. (Philips)
- GE Healthcare
- Honeywell International Inc
- Hoffmann-La Roche Ltd
- Texas Instruments Incorporated
- Analog Devices, Inc.
- VitalConnect
- Bardy Diagnostics
- Neuralink
- PreTel Health
- Sensirion AG
- Sensium Healthcare
- Omron Healthcare, Inc.
- Bontara
- STAT Health
Product Code: CMI578
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Sensor Type
- Market Snapshot, By Mode of Delivery
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Impact Analysis
- Market Trends
- Key Developments
- Regulatory Scenario
- Manufacturer Revenue
- Adoption of Non-invasive Sensor Technologies
- Acquisitions and Partnerships Scenario
- Product Launches/Approvals
- Brand and Pricing Analysis
- Funding and Investments
- PEST Analysis
- Porter's Analysis
4. Global Medical Sensors Market - Impact of Coronavirus (COVID-19) Pandemic
- Overall Impact
- Government Initiatives
- COVID-19 Impact on the Market
5. Global Medical Sensors Market, By Sensor Type, 2019 - 2031, (USD Bn)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Temperature Sensor
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- ECG Sensor
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Blood Glucose Sensor
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Biosensor
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Motion Sensor
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others (Pressure sensors, etc.)
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Global Medical Sensors Market, By Mode of Delivery, 2019 - 2031, (USD Bn)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Skin-attached
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Wearable
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Implantable
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
7. Global Medical Sensors Market, By Application, 2019 - 2031, (USD Bn)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Remote Patient Monitoring
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Fitness Monitoring
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Chronic Disease Management
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Drug Delivery
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
8. Global Medical Sensors Market, By End User, 2019 - 2031, (USD Bn)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Hospitals & Clinics
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Home Healthcare
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Fitness and Wellness Centers
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Clinical and Diagnostic Laboratories
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
9. Global Medical Sensors Market, By Region, 2019 - 2031, (USD Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019-2031
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Sensor Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Delivery, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Sensor Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Delivery, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Sensor Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Delivery, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Sensor Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Delivery, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Sensor Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Delivery, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Sensor Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Mode of Delivery, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 - 2031, (USD Bn)
- North Africa
- Central Africa
- South Africa
10. Competitive Landscape
- Company Profiles
- Medtronic
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- SteadySense GmbH
- Koninklijke Philips N.V. (Philips)
- GE Healthcare
- Honeywell International Inc
- F. Hoffmann-La Roche Ltd
- Texas Instruments Incorporated
- Analog Devices, Inc.
- VitalConnect
- Bardy Diagnostics
- Neuralink
- PreTel Health
- Sensirion AG
- Sensium Healthcare
- Omron Healthcare, Inc.
- Bontara
- STAT Health
- Medtronic
11. Analyst View
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
12. References and Research Methodology
- References
- Research Methodology
- About us and Sales Contact
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