Biomedical Pressure Sensors Report: Trends, Forecast and Competitive Analysis to 2030

Biomedical Pressure Sensors Trends and Forecast

The future of the global biomedical pressure sensors market looks promising with opportunities in the fitness & wellness, monitoring, diagnostic, medical imaging, and therapeutic markets. The global biomedical pressure sensors market is expected to reach an estimated $1308.6 billion by 2030 with a CAGR of 6.9% from 2024 to 2030. The major drivers for this market are increasing need for reliable, high-performance, and affordable sensors, growing funding for the development of medical devices and the need for improved patient care, and rising rates of chronic illnesses.

A more than 150-page report is developed to help in your business decisions.

Biomedical Pressure Sensors by Segment

The study includes a forecast for the global biomedical pressure sensors by technologies, applications, and region

Biomedical Pressure Sensors Market by Technologies [Shipment Analysis by Value from 2018 to 2030]:

• Piezoresistive
• Self-calibrating
• Wireless Passive
• Fiber-optic
• Capacitive
• Telemetric

Biomedical Pressure Sensors Market by Applications [Shipment Analysis by Value from 2018 to 2030]:

• Fitness & Wellness
• Monitoring
• Diagnostic
• Medical Imaging
• Therapeutic
• Others

Biomedical Pressure Sensors Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Biomedical Pressure Sensors Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies biomedical pressure sensors companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the biomedical pressure sensors companies profiled in this report include-

• Merit Medical System
• Opsens
• RJC Enterprises
• Sensirion Holding
• Fiso Technologies
• All Sensors

Biomedical Pressure Sensors Market Insights

Lucintel forecast that fiber-optic pressure sensors is expected to witness highest growth over the forecast period due to immunity to electromagnetic interference, biocompatibility, small size, and high sensitivity.

Within this market, diagnostic will remain the largest segment.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Biomedical Pressure Sensors Market

Market Size Estimates: Biomedical pressure sensors market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Biomedical pressure sensors market size by technologies, applications, and region in terms of value ($B).

Regional Analysis: Biomedical pressure sensors market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technologies, applications, and regions for the biomedical pressure sensors market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the biomedical pressure sensors market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the biomedical pressure sensors market size?

Answer: The global biomedical pressure sensors market is expected to reach an estimated $1308.6 million by 2030.

Q.2 What is the growth forecast for biomedical pressure sensors market?

Answer: The global biomedical pressure sensors market is expected to grow with a CAGR of 6.9% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the biomedical pressure sensors market?

Answer: TThe major drivers for this market are increasing need for reliable, high-performance, and affordable sensors, growing funding for the development of medical devices and the need for improved patient care, and rising rates of chronic illnesses.

Q4. What are the major segments for biomedical pressure sensors market?

Answer: The future of the biomedical pressure sensors market looks promising with opportunities in the fitness & wellness, monitoring, diagnostic, medical imaging, and therapeutic markets.

Q5. Who are the key biomedical pressure sensors market companies?

Answer: Some of the key biomedical pressure sensors companies are as follows.

• Merit Medical system
• Opsens
• RJC Enterprises
• Sensirion Holding
• FISO Technologies
• All Sensors

Q6. Which biomedical pressure sensors market segment will be the largest in future?

Answer: Lucintel forecast that fiber-optic pressure sensors is expected to witness highest growth over the forecast period due to immunity to electromagnetic interference, biocompatibility, small size, and high sensitivity

Q7. In biomedical pressure sensors market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the biomedical pressure sensors market by technologies (piezoresistive, self-calibrating, wireless passive,fiber-optic, capacitive, and telemetric), applications (fitness & wellness, monitoring, diagnostic, medical imaging, therapeutic, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?