Medical Sensors Market Report Provides Detail Overview of Key Players and their Strategic Profiling in the Market, Comprehensively Analyzing their Core Competencies, and Drawing a Competitive Landscape for the Market
Medical Sensors Market Overview:
Medical Sensors play an important role in medical technology as they make medical devices even more effective, safer, and smarter. At the same time, they also simplify the operation in the healthcare industry. Market Research Future (MRFR) has published a research report about the global medical sensors market that infers maturation for this market with 7.6% CAGR between 2016 and 2022.
Analyzing the market structure, this report evaluates the future growth potential of the market. It observes the strategies of the key players in the market and follows the competitive developments such as joint ventures, new product developments, mergers and acquisitions, research and developments (R & D) in the market. The global medical sensors market is growing steadily and has a bright future. The significant technological advancement and demand for smart medical devices is the primary reason for the growth of this market.
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Medical Sensors Market Key Players:
The key players in the global medical sensors market include First Sensor AG (Germany), GE Healthcare (USA), Given Imaging Inc (Israel), Honeywell International Inc (USA), Measurement Specialties Inc. (USA), Medtronic PLC (USA), NXP Semiconductors N.V. (Netherlands), Philips Healthcare (India), Smiths Medical (USA), and STMicroelectronics (Switzerland).
Medical Sensors Market Segmentation:
The global medical sensors market has been segmented on the basis of application, sensor placement, types, and lastly region. The application based segmentation segments this market into diagnostics, fitness, imaging, medical therapeutics, monitoring, and others. Based on sensor placement, the market has been segmented into implantable sensors, ingestible sensors, invasive/non-invasive sensors, strip sensors, and wearable sensors. By types, the market has been segmented into blood glucose sensors, blood oxygen sensors, Electrocardiography (ECG) sensors, image sensors, inertial sensors, motion sensors, pressure sensors, and temperature sensors, and others.
Medical Sensors Market Latest Industry News:
Maxim Integrated Products, Inc. has launched new a new sensor called Health Sensor Platform 2.0 (HSP 2.0) which is a rapid prototyping and developmental platform, known as MAXREFDES101#. It enables a wrist-worn wearable to monitor body temperature, electrocardiogram (ECG), and heart rate, saving up to six months in development time. 28 SEP 2018
Digital health startup Bonbouton has partnered with smart-clothing company Liquid X Printed Metals to build temperature and pressure sensors directly on textiles using additive manufacturing techniques, for physiology monitoring. 5 SEP 2018.
Medical Sensors Market Regional Analysis:
The regional segmentation of the global medical sensors market segments the market into continent-based regional markets namely The Americas (North America & South America), Europe, Asia Pacific, and the Middle East & Africa (MEA). Globally The Americas is the biggest market for medical sensors. In the Americas, North America is a bigger market than South America due to advanced technology and advanced medical facilities. This factor enables North America to emerge as the largest market on its own. Many key players of this market are based in North America, most of them in the United States of America (USA), which is the biggest economy in this region. All kinds of advanced medical facilities make North America an ideal market and hence, medical devices, including sensors, are always in demand.
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