Medical Sensors Market - Forecasts from 2018 to 2023
Medical sensors market is estimated to reach a total market size of US$17.148 billion by 2023 from US$9.396 billion in 2017, growing at a compound annual growth rate of 10.55% over the forecast period. Rising healthcare costs and latest trend of home healthcare are the major factors driving the demand for medical sensors. Advancement in technology has led to a surge in usage of these sensors across different geographies. Healthcare professionals are also increasingly recommending these sensors for efficient patient monitoring as these have become an effective way of diagnosis of cancer, respiratory disorders, and cardiovascular diseases, and thereby providing a significant boost to the medical sensors market growth. Asia Pacific region is expected to grow at an impressive rate over the forecast period owing to increasing incidences of respiratory diseases and aging population.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the medical sensors value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
Major market players which have been profiled as part of this report are Honeywell, NXP Semiconductors, and GE. Other players include MiTAC Europe Ltd., Analog Devices, TE Connectivity, Smiths Medical, and STMicroelectronics.
Segmentation
The medical sensor market has been segmented by type, applications, end users, placement and geography as below:
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the medical sensors value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
Major market players which have been profiled as part of this report are Honeywell, NXP Semiconductors, and GE. Other players include MiTAC Europe Ltd., Analog Devices, TE Connectivity, Smiths Medical, and STMicroelectronics.
Segmentation
The medical sensor market has been segmented by type, applications, end users, placement and geography as below:
- By Type
- Image Sensors
- Pressure Sensors
- Temperature Sensors
- Motion Sensors
- Flow Sensors
- ECG Sensors
- Others
- By Applications
- Monitoring
- Therapeutic
- Surgical
- Diagnostics
- By End Users
- Hospitals
- Nursing Homes
- Physicians
- Others
- By Placement
- Wearable
- Invasive and Non- Invasive
- Implantable
- By Geography
- North America
- U.S.
- Canada
- Mexico
- Others
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia-Pacific
- Japan
- China
- India
- Australia
- Others
1. INTRODUCTION
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s 5 Forces Analysis
4.8. Industry Value Chain Analysis
4.9. Industry Regulations
4.10. Technology
5. MEDICAL SENSORS MARKET FORECAST BY TYPE
5.1. Image Sensors
5.2. Pressure Sensors
5.3. Temperature Sensors
5.4. Motion Sensors
5.5. Flow Sensors
5.6. ECG Sensors
5.7. Others
6. MEDICAL SENSORS MARKET FORECAST BY APPLICATIONS
6.1. Monitoring
6.2. Therapeutic
6.3. Surgical
6.4. Diagnostics
7. MEDICAL SENSORS MARKET FORECAST BY END USERS
7.1. Hospitals
7.2. Nursing Homes
7.3. Physicians
7.4. Others
8. MEDICAL SENSORS MARKET FORECAST BY PLACEMENT
8.1. Wearable
8.2. Invasive and Non-Invasive
8.3. Implantable
9. MEDICAL SENSORS MARKET FORECAST BY GEOGRAPHY
9.1. North America
9.1.1. U.S.
9.1.2. Canada
9.1.3. Mexico
9.1.4. Others
9.2. South America
9.2.1. Brazil
9.2.2. Argentina
9.2.3. Others
9.3. Europe
9.3.1. UK
9.3.2. Germany
9.3.3. France
9.3.4. Italy
9.3.5. Spain
9.3.6. Others
9.4. Middle East and Africa
9.4.1. Saudi Arabia
9.4.2. UAE
9.4.3. Israel
9.4.4. Others
9.5. Asia Pacific
9.5.1. Japan
9.5.2. China
9.5.3. India
9.5.4. Australia
9.5.5. Others
10. COMPETITIVE INTELLIGENCE
10.1. Investment Analysis
10.2. Recent Deals
10.3. Strategies of Key Players
11. COMPANY PROFILES
11.1. Honeywell
11.2. NXP Semiconductors
11.3. MiTAC Europe Ltd.
11.4. GE
11.5. Analog Devices
11.6. TE Connectivity
11.7. Smiths Medical
11.8. STMicroelectronics
List of Tables
List of Figures
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s 5 Forces Analysis
4.8. Industry Value Chain Analysis
4.9. Industry Regulations
4.10. Technology
5. MEDICAL SENSORS MARKET FORECAST BY TYPE
5.1. Image Sensors
5.2. Pressure Sensors
5.3. Temperature Sensors
5.4. Motion Sensors
5.5. Flow Sensors
5.6. ECG Sensors
5.7. Others
6. MEDICAL SENSORS MARKET FORECAST BY APPLICATIONS
6.1. Monitoring
6.2. Therapeutic
6.3. Surgical
6.4. Diagnostics
7. MEDICAL SENSORS MARKET FORECAST BY END USERS
7.1. Hospitals
7.2. Nursing Homes
7.3. Physicians
7.4. Others
8. MEDICAL SENSORS MARKET FORECAST BY PLACEMENT
8.1. Wearable
8.2. Invasive and Non-Invasive
8.3. Implantable
9. MEDICAL SENSORS MARKET FORECAST BY GEOGRAPHY
9.1. North America
9.1.1. U.S.
9.1.2. Canada
9.1.3. Mexico
9.1.4. Others
9.2. South America
9.2.1. Brazil
9.2.2. Argentina
9.2.3. Others
9.3. Europe
9.3.1. UK
9.3.2. Germany
9.3.3. France
9.3.4. Italy
9.3.5. Spain
9.3.6. Others
9.4. Middle East and Africa
9.4.1. Saudi Arabia
9.4.2. UAE
9.4.3. Israel
9.4.4. Others
9.5. Asia Pacific
9.5.1. Japan
9.5.2. China
9.5.3. India
9.5.4. Australia
9.5.5. Others
10. COMPETITIVE INTELLIGENCE
10.1. Investment Analysis
10.2. Recent Deals
10.3. Strategies of Key Players
11. COMPANY PROFILES
11.1. Honeywell
11.2. NXP Semiconductors
11.3. MiTAC Europe Ltd.
11.4. GE
11.5. Analog Devices
11.6. TE Connectivity
11.7. Smiths Medical
11.8. STMicroelectronics
List of Tables
List of Figures
