Pharmaceutical solvents Market to Reach US$ 4.1 Bn in Revenues by 202 Disposable Medical Device Sensors

Disposable medical device sensors are portable scanning devices, which are mainly used for patient
monitoring and diagnosis of diseases. These sensors are used to measure breathing rates, heart rates,
and body temperature. Moreover, disposable medical device sensors play a vital role in the
identification of disease causing microbes such as virus, bacteria, and fungi.
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The global disposable medical device sensors market is categorized based on various types of
sensors, sensor technologies, and applications. Based on products, the report covers strip sensors,
invasive sensors, ingestible sensors, implantable sensors, and wearable sensors. Strip sensors hold
the largest market share in the global disposable medical device sensors market. This is due to the
increasing usage of strip sensors in glucose monitoring tests and disease diagnostic technologies.
However, ingestible medical sensors are the fastest growing sub-segment in the global disposable
medical device sensors market.
Based on sensor technologies, the report covers biosensor technology, image sensor technology,
pressure sensor technology, accelerometer sensor technology, and temperature sensor technology.
On the basis of medical applications, the report covers patient monitoring, and diagnostic and
therapeutic applications of medical sensors.
In terms of geography, North America dominates the global disposable medical device sensors
market. This is due to the improved health care infrastructure and increasing demand for medical
sensors in the region. In addition, technological advancements in medical device sensor technology
have propelled the growth of the market in North America. The U.S. represents the largest market
for disposable medical device sensors in North America, followed by Canada. In Europe, Germany,
France, and the U.K. account for a major share of the disposable medical device sensors market.
The disposable medical device sensors market in Asia is also expected to witness a high growth rate
in the next five years. This is due to the innovative applications of medical device sensors and rising
awareness about therapeutic applications of medical sensors in the region. Rising demographics and
economies in the developing countries, such as India and China, are expected to lead to the growth
of the human disposable medical device sensors market in Asia. Besides, India, China, and Japan,
are expected to be the fastest growing markets for disposable medical device sensors in the region.
Increasing incidences of Hospital Acquired Infections (HAIs) and rising awareness about
therapeutic applications of medical sensors are some of the major driving factors for the global
disposable medical device sensors market. Also, technological advancements in sensor technologies
and increasing government support in the form of funding for the development of sensor based
medical devices have propelled the growth of the global disposable medical device sensors market.
In addition, increasing prevalence of chronic diseases and rising demand for medical sensors in
home treatment has further fueled the growth of the market.
Stringent regulations for the approval of sensor based medical devices and inadequate
reimbursement policies for sensor devices are some of the major restraints for the global disposable
medical device sensors market. Rapid product launches and increasing numbers of mergers and
acquisitions between medical device manufacturing companies are some of the major trends
observed in the global human disposable medical device sensors market.
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The major companies operating in this market are Sensirion AG, STMicroelectronics N.V., Smiths
Group plc, Koninklijke Philips N.V., Medtronic plc, Measurement Specialties, Inc, Johnson &