(MENAFN- Zion Market Research) Zion Market Research has published a new report titled 'Medical Sensors Market By Type (Biosensors, Temperature Sensors, Motion Sensors, Image Sensors, Flow Sensors, and Pressure Sensors), By Placement (Wearable Sensors, Wireless Sensors, and Implantable Sensors), By End-User (Hospitals, Clinics, Rehabilitation Centers, Home Care Settings, and Others), and By Application (Diagnostics, Monitoring, Therapeutics, and Wellness and Fitness): Global Industry Perspective, Comprehensive Analysis, and Forecast, 20182025. According to the report, the globalmedical sensors marketwas valued at around USD 11.7 billion in 2018 and is expected to reach approximately USD 19.77 billion by 2025, at a CAGR of around 7.80% between 2019 and 2025.
Medical sensors are sensors used in the biomedical electronics sector to measure liquid-level, flow, pressure, etc. These sensors supporting different medical devices, such as anesthetic devices, respiratory systems, dialysis machines, spirometers, and video scopes. Medical sensors play a significant role in medical technology as they make medical equipment and devices more efficient, safer, and effective with simplified operations. The rapid developments witnessed in the medical equipment and devices industry and the increasing number of government initiatives are estimated to drive the global medical sensors market. The globally rising geriatric population requires additional medical care and assistance with advanced technologies and healthcare programs. This, in turn, is estimated to boost the global medical sensors market in the future.
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Browse the full 'Medical Sensors Market By Type (Biosensors, Temperature Sensors, Motion Sensors, Image Sensors, Flow Sensors, and Pressure Sensors), By Placement (Wearable Sensors, Wireless Sensors, and Implantable Sensors), By End-User (Hospitals, Clinics, Rehabilitation Centers, Home Care Settings, and Others), and By Application (Diagnostics, Monitoring, Therapeutics, and Wellness and Fitness): Global Industry Perspective, Comprehensive Analysis, and Forecast, 20182025 Report at https://www.zionmarketresearch.com/report/medical-sensors-market
Based on type, the global medical sensors market includes image sensors, biosensors, motion sensors, temperature sensors, pressure sensors, and flow sensors. The growing use of pressure sensors in manufacturing respiratory and ventilator products is projected to drive the pressure sensors segment in the future. The rising trend of body-worn sensors in remote patient monitoring is anticipated to increase the demand for temperature medical sensors in the years ahead. Based on placement, the market includes wearable sensors, wireless sensors, and implantable sensors. The growing adoption of implantable and wearable sensors to improve patient health and healthcare outcomes through advanced healthcare management and tracking will fuel the implantable sensors segment growth. Based on end-user, the market includes hospitals, rehabilitation centers, home care settings, clinics, and others (diagnostic centers and ambulatory surgical centers). Increasing investments in advanced technologies for hospitals and clinics and rising consumer spending on improved healthcare facilities are estimated to drive this segment over the forecast time period. Based on application, the global medical sensors market includes diagnostics, monitoring, therapeutics, and wellness and fitness. The rising number of diagnostic centers and growing consumer inclination toward wellness and fitness programs across the globe are projected to boost this segment's growth in the upcoming years.
By region, North America is estimated to register a considerable CAGR in the future in medical sensors market globally, owing to the increasing investments made in the medical sector. The Asia Pacific medical sensors market is projected to register substantial growth over the forecasted time period due to the increasing demand from end-user segments and high emphasis on technological advancements. The growing population in developing economies demands the establishment of an increased number of medical facilities like clinics and hospitals, which is anticipated to drive the Latin American market. In the Middle East and Africa, the increasing number of clinics and hospitals and rising development activities are projected to boost the medical sensors market in the years ahead.
Some major players operating in the global medical sensors market are Texas Instruments, Denso Corporation, Sensata Technologies, Infineon Technologies, Bosch, Maxim Integrated, Delphi Automotive, STMicroelectronics N.V., CTS Corporation, Analog Devices, and Freescale.
This report segments the global medical sensors market as follows:
Global Medical Sensors Market: Type Analysis
- Biosensors
- Temperature Sensors
- Motion Sensors
- Image Sensors
- Flow Sensors
- Pressure Sensors
Global Medical Sensors Market: Placement Analysis
- Wearable Sensors
- Wireless Sensors
- Implantable Sensors
Global Medical Sensors Market: Application Analysis
- Diagnostics
- Monitoring
- Therapeutics
- Wellness And Fitness
Global Medical Sensors Market: End-User Analysis
- Hospitals
- Clinics
- Rehabilitation Centers
- Home Care Settings
- Others (Diagnostic Centers And Ambulatory Surgical Centers)
Global Medical Sensors Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East and Africa
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