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Disposable Medical Device Sensor Market: Current Analysis and Forecast (2021-2027)

Region:Global

Author(s):

Product Code:UMHE21314

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Published on

July 2021

Total pages

127

Table of Content

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About the Report

About the Report

The Market growth is largely driven by rising concerns over hospital-acquired infections and contamination, the increasing incidence of target conditions, the growing demand for home-based medical care devices, significant technological advancements in the last few years, and government support for R&D activities for these devices. The advent of newer technologies such as Micro-Electro-Mechanical-Systems (MEMS) and Complementary Metal-Oxide-Semiconductor (CMOS) has contributed to the growth of image sensors making it the fastest growing segment attaining maximum CAGR during the forecast period.

In 2020, Abbott held the leading position in the disposable medical device sensors market. The company offer biosensors which are widely used by people across globe for diagnostic testing and patient monitoring. F. Hoffmann-La Roche Ltd. held the second position in the disposable medical device sensors market in 2020.
 
Based on product type, disposable medical device sensors are segmented into strip sensors, Implantable sensors, invasive sensors, and ingestible sensors. The strip sensors segment accounted for the largest share of the market in 2020. The large share of this segment can be attributed to the extensive usage of glucose test strips and infectious disease test strips and the increasing prevalence of diabetes and other infectious diseases across the globe. The widespread adoption of these sensors in diagnostic applications due to their varied benefits, such as cost-effectiveness, ease of use, non-infectious nature, and faster results, also supports market growth.
 
Based on sensor type, the medical device sensors market is segmented into biosensors, accelerometers, temperature sensors, Pressure sensors. The biosensors segment accounted for the largest share in 2020. The large share of this segment can be attributed to the wide usage of these sensors in glucose test strips, infectious disease test strips, pregnancy test strips, drug and alcohol test strips, and continuous blood glucose monitoring.
 
Based on application, the disposable medical device sensors market is segmented into patient monitoring, diagnostic testing, therapeutics, and imaging. The diagnostic testing segment accounted for the largest share in 2020. The large share of this application segment can primarily be attributed to the rising incidence of lifestyle diseases across the globe. The widespread usage of glucose test strips, infectious disease test strips, and pregnancy test strips in homes as well as in clinics is another factor driving the market growth.
 
For a better understanding of the market penetration of the Disposable Medical Device Sensors market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, Australia and Rest of APAC), and Rest of World. North America constitutes a major market for disposable medical device sensor and generated revenue of USD XX million in 2020 owing to the presence of well-established players in the region, emerging investment in healthcare R&D by players etc., However, the Asia Pacific region would grow at the highest CAGR during the forecast period.
 
Some of the major players operating in the disposable medical device sensors market are Abbott (US), F. Hoffmann-La Roche Ltd., Medtronic, Texas Instrument, Platinum Equity Advisors LLC, NXP Semiconductors, General Electric Company, TE Connectivity, STMicroelectronics (Switzerland), Honeywell International Inc., Analog Devices, Inc., Smiths Group Plc, and Koninklijke Philips N.V.
 
The disposable medical device sensors market is projected to reach USD XX billion by 2026 from USD XX billion in 2021, at a CAGR of XX% during the forecast period. Market growth is largely driven by rising concerns over hospital-acquired infections and contamination, the increasing incidence of target conditions, the growing demand for home-based medical care devices, significant technological advancements in the last few years, and government support for R&D activities for these devices. The emerging markets in developing countries are also expected to provide growth opportunities for players in the disposable medical device sensors market.

Products


Companies

Abbott (US), F. Hoffmann-La Roche Ltd., Medtronic, Texas Instrument, Platinum Equity Advisors LLC, NXP Semiconductors, General Electric Company, TE Connectivity, STMicroelectronics (Switzerland), Honeywell International Inc., Analog Devices, Inc., Smiths Group Plc, and Koninklijke Philips N.V.

Table of Contents

Table of Contents

1 MARKET INTRODUCTION

1.1 Market Definitions

1.2 Objective of the Study

1.3 Limitation

1.4 Stake Holders

1.5 Currency Used in Report

1.6 Scope of the Global Disposable Medical Device Sensor Market Study

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1 Research Methodology for the Global Disposable Medical Device sensor Market

2.1.1 Main Objective of the Global Disposable Medical Device Sensors Market

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 COVID-19 IMPACT

6 GLOBAL DISPOSABLE MEDICAL DEVICE SENSOR MARKET REVENUE

7 MARKET INSIGHTS BY PRODUCT TYPE

7.1 Ingestible Sensor

7.2 Implantable Sensor

7.3 Strip Sensor

7.4 Invasive Sensor

8 MARKET INSIGHTS BY SENSOR TYPE

8.1 Biosensor

8.2 Image Sensor

8.3 Pressure Sensor

8.4 Temperature Sensor

8.5 Accelerometers

9 MARKET INSIGHTS BY APPLICATION

9.1 Patient Monitoring

9.2 Diagnostics

9.3 Therapeutics

10 MARKET INSIGHTS BY REGION

10.1 NORTH AMERICA DISPOSABLE MEDICAL DEVICE SENSOR MARKET

10.1.1 United States

10.1.2 Canada

10.1.3 Rest of North America

10.2 EUROPE DISPOSABLE MEDICAL DEVICE SENSOR MARKET

10.2.1 Germany

10.2.2 France

10.2.3 United Kingdom K

10.2.4 Spain

10.2.5 Italy

10.2.6 Rest of Europe

10.3 ASIA PACIFIC DISPOSABLE MEDICAL DEVICE SENSOR MARKET

10.3.1 China

10.3.2 Japan

10.3.3 India

10.3.4 Australia

10.3.5 Rest of Asia Pacific

10.4 REST OF THE WORLD DISPOSABLE MEDICAL DEVICE SENSOR MARKET

11 DISPOSABLE MEDICAL DEVICE SENSOR MARKET DYNAMICS

11.1 Market Drivers

11.2 Market Challenges

11.3 Impact Analysis

12 LEGAL & REGULATORY FRAMEWORK

13 DEMAND AND SUPPLY SIDE ANALYSIS

13.1 Demand Side Analysis

13.2 Supply Side Analysis

13.2.1 Top Product Launches

13.2.2 Top Business Partnerships

13.2.3 Top Merger & Acquisitions

14 VALUE CHAIN ANALYSIS

15 DISPOSABLE MEDICAL DEVICE SENSORS MARKET OPPORTUNITIES

16 DISPOSABLE MEDICAL DEVICE SENSORS MARKET TRENDS & INSIGHTS

17 COMPETITIVE SCENARIO

17.1 Porter's Five forces analysis

17.1.1 Bargaining power of Supplier

17.1.2 Bargaining power of Buyer

17.1.3 Industry Rivalry

17.1.4 Availability of Substitute

17.1.5 Threat of new Entrants

18 COMPANY PROFILED

18.1 Abbott

18.2 F Hoffmann-La Roche Ltd

18.3 Koninklijke Philips

18.4 Texas Instrument

18.5 NXP Semiconductors

18.6 General Electric Company

18.7 TE Connectivity

18.8 STMicroelectronics

18.10 Honeywell International Inc.

18.11 Analog Devices, Inc.

18.12 Smiths Group Plc.

18.13 Sensirion AG

18.14 Amphenol Corporation

18.15 Medical Sensors India Pvt Ltd

18.16 Starboard Medical, Inc.

18.17 Life Signals

18.18 Nuova GmbH

19 Disclaimer

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