Global Disposable Medical Devices Sensors Market By Product Type (Biosensors, Temperature Sensors, Pressure Sensors, Accelerometers, Image Sensors, Consumables), Application (Patient monitoring, Diagnostics, and Therapeutics), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Disposable Medical Devices Sensors Market
The disposable medical devices sensors market accounted to USD 41.5billion in 2018 to an estimated value of USD 89 billion by 2026 growing at a CAGR of 10% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
Market Definition: Global Disposable Medical Devices Sensors Market
Global disposable medical device sensors is a study of detailed evaluation of the industry that effectively covers all the aspects related to vertical like the status of this industry over the projected timeframe and the primary development trends of the market, overestimated duration. These devices are used for scanning diagnosis, therapeutics, and monitoring of patients suffering from diseases. These sensors are used for the identification of disease causing microbes such as virus, bacteria, and fungi.
- Increasing prevalence of diabetes and other infectious diseases
- Rising healthcare costs
- Government initiatives for research and development
- Technological developments
- Rising awareness about therapeutic applications of medical sensors
- Low reimbursement policies
Segmentation: Global Disposable Medical Devices Sensors Market
By Product Type
- Temperature Sensors
- Pressure Sensors
- Image Sensors
- Catheter tube
- Guide wires
- Contrast media injectors
- Vascular closure devices
- Patient monitoring
- Smart Pill
- Pulse Oximeter
- Capsule endoscope
- Blood glucose strip
- Insulin Pump
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
Key Developments in the Market:
- In March, 2018 Smiths Medical announced the U.S. commercial launch of Delta Med SpA’s DeltaVen Closed System Catheter and the Food and Drug Administration (FDA) clearance. The DeltaVen will be available immediately to patients in a wide variety of sizes and configurations, including the only 26 gauge safety catheter in the U.S. market.
- In May 2013, 5 million disposable, through mobile medical sensors. Bluetooth Smart will be the primary mode of connectivity for wearable sensors in general, disposable sensors will instead use a mix of Near Field Communications and proprietary technology. Sensors aren't actually disposable a reusable sensor fits into a disposable peel-and-stick patch.
Competitive Analysis: Global Disposable Medical Devices Sensors Market
Global disposable medical devices sensors market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of disposable medical devices sensors market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Disposable Medical Devices Sensors Market
Some of the major players in disposable medical devices sensors devices market are Medtronic plc., GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., Smiths Medical, TE Connectivity, Freescale Semiconductors, Inc., Omnivision Technologies, Inc., STMicroelectronics, Analog Devices, Inc., and Honeywell International, Inc., GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., SSI Electronic,INC., NovoSci, Conroe, TX, KATECHO, LLC among others.
Research Methodology: Global Disposable Medical Devices Sensors Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
- Current and future of global disposable medical devices sensors market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved