Disposable Medical Sensors Market – Comprehensive Evaluation Of The Market Via In-Depth Qualitative Insights and future forecast till 2026
Disposable
medical sensors are referred to as portable, compact, and
handheld components that are used in various medical devices for
diagnostics, patient monitoring, and therapeutics. The integration of
disposable sensors into various medical devices significantly
benefits in remote patient monitoring and on-site patient observation
in healthcare settings such as hospitals, clinics, and ambulatory
surgical centers. Disposable medical sensors play a vital role in
maintaining sterility of the medical devices thereby resulting in
reduction of hygiene risks and offering safe solutions to the
patients.
Advancements in
healthcare IT has led to sensor-based devices that enhance
performance of the medical devices. In terms of remote patient
monitoring, the disposable medical device sensors play a crucial role
in measurement of vital components that include breathing rate, heart
rate, pulse rate, temperature, blood oxygenation level, and others.
These sensors are used in medical devices or various medical
specialties such as radiology, cardiology, neurology, ophthalmology,
urology, and others. Moreover, these sensors are also used in
diagnostic devices and disposable test strips that perform
identification of certain microbial strains such as bacteria, fungi,
and virus used in the detection and confirmation of infectious
diseases.
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Regional Insights
On the basis of
region, the global disposable medical sensors market is segmented
into North America, Latin America, Europe, Asia Pacific, Middle East,
and Africa. North America holds a dominant position in the global
disposable medical sensors market and is expected to retain its
dominance over the forecast period. This is owing to development of
technologically advanced integrated medical devices and solutions as
well as new entrants in the region involved in product innovations.
For instance, True Wearables, Inc., a medical device start-up based
in California, introduced Oxxiom, world’s first wireless,
continuous and fully disposable single pulse oximeter in January 2016
that measures arterial oxygen saturation, perfusion index and pulse
rates. Moreover, rising prevalence of patients suffering with chronic
diseases such as Type-1 diabetes that demand continuous monitoring of
blood glucose levels are expected to propel growth of the region in
the global market. According to the American Diabetes Association
2015, around 1.25 million children and adults in the U.S. suffered
from diabetes.
Furthermore, Asia
Pacific is expected to witness a significant growth in the market,
owing to developments in healthcare infrastructure, increasing
patient awareness, and increasing incidence of chronic diseases. For
instance, National Health Survey conducted by Australian Government
Department of Health, in 2015, suggested that nearly 23% of
Australians aged above 60 years suffer from one or more chronic
diseases.
Competitive Insights
Key players operating
in the global disposable medical sensors market include Medtronic
Plc, Koninklijke Philips N.V., GE Healthcare, FreeScale
Semiconductors, Omnivision Technologies, Inc., Smiths Medical, Analog
Devices, Inc., Honeywell International, Inc., and others.
Market Taxonomy
On the basis of sensor
type, the global disposable medical sensors market is segmented into:
• Biosensors
• Pressure
Sensors
• Accelerometer
Sensors
• Temperature
Sensors
• Image Sensors
• Others
On the basis of
placement type, the global disposable medical sensors market is
segmented into:
• Strip Sensors
• Wearable
Sensors
• Implantable
Sensors
• Invasive
Sensors
• Ingestible
Sensors
On the basis of
application, the global disposable medical sensors market is
segmented into:
• Diagnostics
• Therapeutics
• Patient
Monitoring
On the basis of
geography, the global disposable medical sensors market is segmented
into:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa
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