Disposable Medical Sensors are portable transducing devices that collects data and detect any alterations in the acquired data to provide electrical or optical output. The main function of these disposable medical sensors is to diagnosis, patient monitoring and to provide therapeutic processes. The global disposable medical sensors market is categorized on the basis of the product, placement of sensors, application, and end user. On the basis of product, the market is segmented into biosensors, instrument pressure sensors, services accelerometers, temperature sensors, image sensors, and other sensors. Biosensors holds the largest shares in the market. However, the wide use of CMOS based Image sensors coupled with the rise in endoscopic products and procedures will mark the fastest growth of Image sensors in the forecast period.
Based on application, the disposable medical sensors market is segmented into diagnostic testing devices, therapeutic devices, patient monitoring devices, and imaging devices. Diagnostic testing devices accounted for the largest share of the global market and imaging devices is likely to have the fastest growth, during the forecast period.
Over the years, there have been increasing number of cases of contamination and infections acquired from hospitals and clinics, thereby driving the growth of disposable medical sensors in home-care. The rising demand to produce low cost medical equipment is another factor driving the growth of the global disposable medical sensors market. Reciprocating this demand, government along with private firms provide support to the R&D activities, acting as major driver in the growth of global market.
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Recently, a number of collaborations have been announced to develop technologically advanced and user-friendly disposable medical sensors, which is expected to provide abundant opportunities to the manufacturers in the global disposable medical sensors market. Moreover, the flexible regulatory amendments, mainly for the novel ingestible sensors is expected to boost the growth of global disposable medical sensors market.
STMicroelectronics N.V., GE Healthcare, Philips Healthcare, Honeywell International, Inc., Freescale Semiconductor, Inc., Medtronic PLC, Smiths Medical, Analog Devices, Inc., TE Connectivity, Covidien PLC, Mayo Clinic, Sensirion AG, Given Imaging, Measurement Specialties and Gentag are some of the key players in the global disposable medical sensors market.
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