Disposable Medical Sensors Market Trends and Outlook
2018-2026: Top Players Medtronic Plc, Koninklijke Philips
N.V., GE Healthcare
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.
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Market Dynamics
Rising incidence of chronic diseases leading to increasing need for faster and efficient
diagnostics, therapeutics, and patient monitoring is expected to drive demand for disposable
medical sensors. Chronic conditions such as cardiovascular diseases, diabetes, cancer, strokes,
chronic obstructive pulmonary diseases, and obesity are among the most commonly encountered
chronic diseases in the world. According to the World Health Organization (WHO) 2017, the
global prevalence of cancer has risen from 4.7% of the total world population in 1980 to 8.5%
in 2014, which accounted for nearly 422 million patients suffering from the disease in 2014.
Moreover, WHO also states that the Global Burden Disease Study reports a prevalence of 251
million patients suffering with chronic obstructive pulmonary diseases (COPD) in 2016. Patient
monitoring and diagnostic devices used for treatment of these patients incorporating disposable
medical sensors is thus, expected to augment the market growth. Moreover, advancements in