Medical Sensors Market by Sensors Type (Pressure, Temperature, Blood Oxygen, Blood Glucose, Ingestible), Application (Monitoring, Diagnostic Imaging, Medical Implants), Product (Invasive, Non-Invasive), and Geography - Global Forecast to 2025
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Request NowThe medical sensors market size is estimated to be worth USD 1.2 billion in 2020 and is projected to reach USD 1.7 billion by 2025, at a CAGR of 6.8% from 2020 to 2025. The medical sensors industry is expected to witness substantial growth in the next six years, mainly due to the growing geriatric population, increasing demand for home-based medical care, technological advancements in the medical device industry, increasing adoption of IoT-based medical devices and rising expenditure on healthcare across the world.
Medical sensors market for pressure sensors is expected to hold the largest share during the forecast period.
The major factor contributing towards a large market share for pressure sensors includes are increasing adoption of these sensors in medical devices such as heart rate monitors, inhalers and ventilators, blood pressure monitors, patient monitoring systems, laparoscopic devices, and respiratory therapy devices.
Other factors fueling the growth of this market include increasing adoption of patient monitoring devices, rising adoption of IoT-based medical devices across the globe, Other factors fueling the growth of pressure sensors are growing adoption of invasive devices like peacemaker, spinal cord stimulator, gastric electric stimulator, and endoscope.
Non-invasive products are expected to hold the largest market share from 2020 to 2025.
Noninvasive products to account for the largest market size during the forecast period owing to rising demand for connected medical devices, increasing penetration of IoT-based medical devices, and advancement in medical technology. Some of the other factors propelling the growth of sensors for non-invasive product includes the rising demand for portable monitoring devices, and increasing adoption of IoT-based medical devices across the globe.
Patient monitoring application is expected to hold the largest market share from 2020 to 2025.
Increasing adoption of remote monitoring systems, mobile cardiac telemetry devices, mobile personal digital assistant (PDA) systems, ambulatory wireless EEG recorders, and ambulatory event monitors are some of the major factors attributing to the growth of this market. Factors such as the easy availability of wireless monitoring devices and the rising incidence of lifestyle and chronic diseases are further expected to drive market growth during the forecast period. The growing demand for patient monitoring devices in non-hospital settings is also expected to provide attractive growth opportunities for players in the medical sensors market. The integration of monitoring technologies in smartphones and wireless devices is a critical trend in patient care, resulting in high growth for patient monitoring applications during the forecast period.
Americas to account for the largest market share from 2020 to 2025.
The Americas is expected to hold the largest market share of the global medical sensors market between 2020 and 2025. Higher expenditure on healthcare as a percentage of total GDP in countries like the US and Canada and the presence of a large number of medical device manufacturers in this reason, are some of the major factors contributing towards the growth of the market. The market has seen robust growth in terms of technological advancements, increased healthcare expenditure as a percentage of total GDP, and integration of health information technology (IT) into primary care for this reason. The presence of a large number of medical device and medical sensors manufacturers in this region is further expected to boost the demand for market in this region. Some of the major players in this region include Johnson & Johnson (US), Medtronic (US), Texas Instrument (US), TE Connectivity (Switzerland), First Sensor (Germany), and Cardinal Health Inc. (US).
Key Market Players
The major players in medical sensors market are Texas Instrument (US), TE Connectivity (Switzerland), First Sensor (Germany), Medtronics Plc (Ireland), NXP Semiconductors (Netherlands), Tekscan Inc (US), Amphenol Advanced Sensors (US), Proteus Digital Health (US), Sensirion (Switzerland), Cirtec Medical (US), Sensirion (Switzerland), Innovative Sensor Technology (Switzerland), Keller America (US), OmniVision Technologies (US), Masimo (US), TDK Sensors (Japan), Stanley Healthcare (US), EnviteC (Germany), and Merit Medical Systems (US).
Report Scope
|
Report Metric |
Details |
|
Market size available for years |
2017-2025 |
|
Base year considered |
2019 |
|
Forecast period |
2020-2025 |
|
Forecast units |
Value (USD) |
|
Segments covered |
Sensor Type, Product, Application, End User and Geography |
|
Geographies covered |
Americas, Europe, APAC, and RoW |
|
Companies covered |
Total 20 major players covered: Texas Instrument (US), TE Connectivity (Switzerland), First Sensor (Germany), Medtronics Plc (Ireland), NXP Semiconductors (Netherlands), Tekscan Inc (US), Amphenol Advanced Sensors (US), Proteus Digital Health (US), Sensirion (Switzerland), Cirtec Medical (US), Sensirion (Switzerland), Innovative Sensor Technology (Switzerland), Keller America (US), OmniVision Technologies (US), Masimo (US), TDK Sensors (Japan), Stanley Healthcare (US), EnviteC (Germany), and Merit Medical Systems (US). |
The medical sensors market comprises technology providers such as Texas Instrument (US), TE Connectivity (Switzerland), First Sensor (Germany), Medtronics Plc (Ireland), ST Microsensors (Switzerland), NXP Semiconductors (Netherlands), Tekscan Inc (US), Amphenol Advanced Sensors (US), Sensirion (Switzerland), and Proteus Digital Health (US)
The report also describes the drivers, restraints, opportunities, and challenges for the growth of the medical sensors market. In addition to the in-depth view on market segmentation, the report includes critical market data and qualitative information for each type, along with qualitative analysis, such as value chain analysis, market ranking analysis, and competitive situations and trends. The report targets technology providers, software and service providers, system integrators, and end-user industries.
The medical sensors market has been covered in detail in this report. To provide a holistic picture, the current market demand and forecasts have also been included in the report. The market has been segmented as below:
By Application
- Patient Monitoring
- Diagnostic Imaging
- Medical Implants and Endoscopy
By Sensor Type
- Pressure Sensors
- Temprature Sensors
- Blood Oxygen Sensors
- Blood Glucose Sensors
- Touch Sensors
- Image Sensors
- Ingestible Sensors
- Motion Sensors
- ECG Sensors
- Heart Rate Sensors
By Product Type
- Non-invasive
- Invasive
By End-User
- Hospitals & Clinics
- Nursing Homes, Assisted Living Facilities, Long-Term Care Centers, and Home Care Settings
- Others
By Geography
- Americas
- Europe
- APAC
- RoW
Recent Developments
- In May 2019, TE Connectivity announced the acquisition of Alpha Technics (US). This acquisition establishes TE connectivity as a leader in the medical sensors market.
- In May 2019, Analog Devices launched a new front end sensor interface ICs that enables the next generation of intelligent electrochemical sensors for industrial and medical applications.
- In February 2019, First Sensor signed an agreement with a leading medical technology provider. This agreement is expected to boost sales volume of around USD 11 million to First Sensors.
- In May 2019, Medtronics announced the acquisition of Titan Spine (Germany), a privately held titanium spine interbody implant and surface technology company. Medtronic's acquisition of Titan Spine strengthens its position as a leading innovator in procedural solutions for spine surgery.
Critical questions the report answers:
- Where will all these developments take the industry in the mid to long term?
- What are the upcoming industry applications of medical sensors?
- Who are the important players in the market?
- What are the upcoming products and technologies in the market?
- What are the major drivers, restraints, opportunities, and challenges for the market?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 20)
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 25)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 List of Major Secondary Sources
2.1.1.2 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Data From Primary Sources
2.1.3 Secondary and Primary Research
2.1.3.1 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Obtaining Market Size Using Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Obtaining Market Size Using Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
2.4.1 Assumptions
3 Executive Summary (Page No. - 37)
4 Premium Insights (Page No. - 41)
4.1 Medical Sensors Market Growth From 2020 to 2025
4.2 Market, By Product Type
4.3 Market, By Application
4.4 Market in APAC, By Sensor Type and Country
4.5 Market, By End User
5 Market Overview (Page No. - 44)
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Increasing Incorporation of Medical Sensors in Portable Medical Devices and Connected Medical Devices
5.1.1.2 Growing Demand for Home-Based Medical Care and Ongoing Technological Advancements in Medical Devices
5.1.1.3 Escalating Demand for Portable Medical Devices and Wearable Sensors
5.1.1.4 Growing Geriatric Population to Increase Demand for Medical Sensors
5.1.1.5 Increasing Healthcare Spending of Various Countries
5.1.2 Restraints
5.1.2.1 Development of Compatible Medical Sensors
5.1.2.2 Slow Penetration Rate of Advanced Medical Systems/Smart Medical Devices in Developing Regions
5.1.3 Opportunities
5.1.3.1 Increasing Collaborations Among Key Market Players for Development of Sophisticated and Advanced Medical Sensors
5.1.3.2 Growing and Aging Population of Emerging Economies That Require New and Advanced Medical Devices
5.1.3.3 Ongoing Advancements in Sensors and Digital Technologies to Enhance Patient Care Platforms
5.1.4 Challenges
5.1.4.1 Vulnerability of Connected Medical Devices in Terms of Patient Data Leakages
5.1.4.2 Adherence to Stringent Regulatory Processes and Requirement of Undergoing Testing for Product Approvals
6 Industry Trends (Page No. - 53)
6.1 Value Chain Analysis
6.2 Key Industry Trends
6.2.1 Development of Iot-Based Medical Devices
6.2.2 Advent of Ai-Based Smart Medical Devices
7 Medical Sensors Market, By Sensors Type (Page No. - 57)
7.1 Introduction
7.2 Pressure Sensors
7.2.1 Ai-Based Pressure Sensors Used in Medical Devices Result in Enhanced Patient Care and Reduced Healthcare Costs
7.3 Temperature Sensors
7.3.1 Continuously Increasing Use of Temperature Sensors in Imaging Devices, Diagnostic Devices, Patient Monitoring Devices, and Implantable Devices Fueling Growth of Temperature Sensors Segment
7.4 Blood Glucose Sensors
7.4.1 Prevalence of Diabetes, Heart-Related Diseases, and Kidney Failures Fueling Demand for Blood Glucose Sensors
7.5 Blood Oxygen Sensors
7.5.1 Increasing Use of Blood Oxygen Sensors in Anesthesia Monitors, Respiratory Devices, and Oxygen Concentrators to Propel Demand for These Sensors
7.6 Electrocardiogram (ECG) Sensors
7.6.1 Increase in Use of Electrocardiogram (ECG) Sensors for Quick Diagnosis of Irregular Heartbeats of Patients
7.7 Image Sensors
7.7.1 Low Costs and Reduced Risks of Infections Posed By Image Sensors Lead to Their Increased Adoption Globally
7.8 Motion Sensors
7.8.1 Rise in Use of Motion Sensors for Diagnosis and Treatment of Patients
7.9 Ingestible Sensors
7.9.1 Increase in Use of Ingestible Sensors for Diagnosis of Diseases, Patient Monitoring, and Drug Delivery Applications
7.10 Touch Sensors
7.10.1 Rise in Use of Touch Sensors in Portable Medical Devices and Monitoring Devices to Fuel Growth of Touch Sensors Segment of Market
7.11 Heart Rate Sensors
7.11.1 Increase in Use of Heart Rate Sensors to Measure Heart Rate of Humans in Real-Time
8 Medical Sensors Market, By Product Type (Page No. - 80)
8.1 Introduction
8.2 Non-Invasive
8.2.1 Imaging Devices
8.2.1.1 Mri Scanners
8.2.1.1.1 Increase in Demand for Mri Scanners From Hospitals
8.2.1.2 X-Ray Scanners
8.2.1.2.1 Rise in Demand for Using Technologically-Advanced X-Ray Scanners to Achieve High-Quality Images
8.2.1.3 Ct Scanners
8.2.1.3.1 Increase in Use of Ct Scanners By Hospitals & Clinics to Promote Growth of Market
8.2.1.4 Ultrasound Scanners
8.2.1.4.1 Rise in Demand for Diagnostic Ultrasounds Or Diagnostic Medical Sonography to Contribute to Growth of Ultrasound Scanners Market
8.2.1.5 Nuclear Imaging Systems
8.2.1.5.1 Pet Scanners
8.2.1.5.1.1 Market for Pet Scanners Expected to Witness Significant Growth in Coming Years Owing to Their Rising Use in Large Hospitals
8.2.1.5.2 Spect Scanners
8.2.1.5.2.1 High Diagnostic Accuracy and Low Cost of Spect Procedures Expected to Propel Growth of Market in Coming Years
8.2.2 Monitoring Devices
8.2.2.1 Cardiac Monitors
8.2.2.1.1 ECG/Ekg Monitors
8.2.2.1.2 Heart Rate Monitors
8.2.2.2 Hemodynamic Monitors
8.2.2.2.1 Blood Pressure Monitors
8.2.2.2.2 Blood Glucose Monitors
8.2.2.2.3 Blood Gas Monitors
8.2.2.3 Respiratory Monitors
8.2.2.3.1 Pulse Oximeters
8.2.2.3.2 Continuous Positive Airway Pressure (CPAP) Devices
8.2.2.3.3 Sleep Apnea Monitors
8.2.2.3.4 Anesthesia Monitors
8.2.2.4 Multipara Monitors
8.2.2.4.1 Multipara Monitors to Witness Significant Demand Owing to Rise in Their Use for Pulse Rate and Blood Pressure Monitoring
8.2.2.5 Digital Thermometers
8.2.2.5.1 Digital Thermometers Equipped With Beep Alarms and Memory Functions to Witness Increased Demand in Coming Years
8.3 Invasive
8.3.1 Endoscopes
8.3.1.1 Technological Advancements and Recent Breakthroughs in the Field of Endoscopy Expected to Drive Growth of Market
8.3.2 Pacemakers
8.3.2.1 High Adoption Rate of Implantable Cardiac Pacemakers to Propel Growth of Market for Pacemakers
8.3.3 Implantable Cardioverter Defibrillators
8.3.3.1 Single-Chamber Implantable Cardioverter Defibrillators to Account for Substantial Share of Market From 2020 to 2025
8.3.4 Implantable Loop Recorders
8.3.4.1 Popularity of Implantable Loop Recorders for Long-Term Monitoring of Patients to Fuel Market Growth
8.3.5 Spinal Cord Stimulators
8.3.5.1 Adoption of Spinal Cord Stimulators By Patients With Chronic and Severe Neuropathic Pain to Augment Market Growth
8.3.6 Gastric Electric Stimulators
8.3.6.1 Increased Number of Patients Suffering From Gastroparesis and Diabetes to Drive Growth of Market
9 Medical Sensors Market, By Application (Page No. - 97)
9.1 Introduction
9.2 Diagnostic Imaging
9.2.1 Increasing Demand for Improving Diagnosis Processes and Employing Different Diagnostic Procedures to Lead to Growth of Market
9.3 Patient Monitoring
9.3.1 Rising Adoption of Portable Patient Monitoring Devices to Fuel Market Growth
9.4 Medical Implants & Endoscopy
9.4.1 Rising Instances of Neurological Disorders in Aging Population Leading to Growth of Market
10 Medical Sensors Market, By End User (Page No. - 105)
10.1 Introduction
10.2 Hospitals & Clinics
10.2.1 Increasing Adoption of Advanced Medical Devices Equipped With Sensors and Rising Demand for Connecting Hospitals & Clinics Through IoT Contributing to Growth of Market
10.3 Nursing Homes, Assisted Living Facilities, Long-Term Care Centers, and Home Care Settings
10.3.1 Growing Geriatric Population and Rising Number of Patients Suffering From Chronic Disorders to Propel Adoption of Medical Sensors in Assisted Living Facilities and Home Care Settings
10.4 Others
10.4.1 Surging Number of Private Imaging Centers to Fuel Growth of Others Segment of Market
11 Geographic Analysis (Page No. - 111)
11.1 Introduction
11.2 Americas
11.2.1 North America
11.2.1.1 US
11.2.1.1.1 US Spends A Large Share of Its Total GDP on Healthcare
11.2.1.2 Canada
11.2.1.2.1 Imports to Hold Substantial Share of Canadian Medical Sensors Market
11.2.1.3 Mexico
11.2.1.3.1 Government Initiatives to Boost the Growth of Medical Sensors Market in Mexico
11.2.2 South America
11.2.2.1 Brazil
11.2.2.1.1 Market in Brazil is Dominated By Imports of Medical Devices
11.2.2.2 Argentina
11.2.2.2.1 Implementation of Universal Health Coverage in Argentina to Propel Demand for Medical Sensors
11.2.2.3 Rest of South America
11.3 Europe
11.3.1 Germany
11.3.1.1 Germany to Dominate the Medical Sensors Market in Europe Between 2020 and 2025
11.3.2 France
11.3.2.1 France Spends A Large Percentage of Total GDP on Healthcare
11.3.3 UK
11.3.3.1 Government Initiatives Expected to Support Medical Sensors Market Growth in UK
11.3.4 Italy
11.3.4.1 Presence of A Large Number of Medical Device Manufacturers is Expected to Propel Growth of Medical Sensors Market in Italy
11.3.5 Spain
11.3.5.1 Presence of Small and Medium-Sized Companies Offering Medical Devices to Propel Market in Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.1.1 Increasing Demand for Portable and Wearables Devices in China to Propel Demand for Medical Sensors
11.4.2 Japan
11.4.2.1 Japan to Witness High Demand for Medical Sensors Owing to Increasing Demand for Advanced Medical Technologies to Meet Requirements of Aging Population
11.4.3 India
11.4.3.1 Medical Tourism to Boost the Growth of Medical Sensors Market in India
11.4.4 South Korea
11.4.4.1 Improving Healthcare Infrastructure in South Korea to Propel Growth of Market Between 2020 and 2025
11.4.5 Rest of APAC
11.5 Rest of the World (RoW)
11.5.1 Middle East
11.5.1.1 Rising Focus of Government on Medical Infrastructure Projects to Foster Growth of Market in Middle East
11.5.2 Africa
11.5.2.1 Government Focus on Boosting Growth of Healthcare Sector to Increase Demand for Medical Sensors in Africa
12 Competitive Landscape (Page No. - 151)
12.1 Introduction
12.2 Market Ranking Analysis for the Medical Sensors Market, 2019
12.3 Competitive Situation and Trends
12.4 Competitive Leadership Mapping, 2019
12.4.1 Visionary Leaders
12.4.2 Dynamic Differentiators
12.4.3 Innovators
12.4.4 Emerging Companies
12.5 Recent Developments
12.5.1 New Product Launches
12.5.2 Agreements, Partnerships, and Contracts
12.5.3 Mergers & Acquisitions
13 Company Profiles (Page No. - 159)
13.1 Key Players
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1.1 Texas Instruments
13.1.2 TE Connectivity
13.1.3 First Sensor
13.1.4 Medtronics
13.1.5 Tekscan Inc.
13.1.6 Stmicroelectronics
13.1.7 NXP Semiconductors
13.1.8 Sensirion AG
13.1.9 Amphenol Advanced Sensors
13.1.10 Proteus Digital Health
13.2 Other Companies
13.2.1 Envitec
13.2.2 Cirtec Medical Corp (Cactus Semiconductor)
13.2.3 Innovative Sensor Technology (IST AG)
13.2.4 Keller America (Subsidiary of Keller AG Druckmesstechnik)
13.2.5 Merit Sensor Systems (Subsidiary of Merit Medical Systems)
13.2.6 Omnivision Technologies, Inc
13.2.7 TDK Sensors
13.2.8 Infineon
13.2.9 Masimo
13.2.10 Stanley Healthcare (Part of Stanley Black & Decker )
13.3 Right to Win
*Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
14 Appendix (Page No. - 195)
14.1 Insights From Industry Experts
14.3 Knowledge Store: Marketsandmarkets Subscription Portal
14.4 Available Customization
14.5 Related Reports
14.6 Author Details
List of Tables (115 Tables)
Table 1 Medical Sensors Market, By Sensor Type, 20172025 (USD Million)
Table 2 Medical Pressure Sensors Market, By Product Type, 20172025 (USD Million)
Table 3 Medical Pressure Sensors Market, By Application, 20172025 (USD Million)
Table 4 Medical Pressure Sensors Market, By Region, 20172025 (USD Million)
Table 5 Medical Temperature Sensors Market, By Product Type, 20172025 (USD Million)
Table 6 Medical Temperature Sensors Market, By Application, 20172025 (USD Million)
Table 7 Medical Temperature Sensors Market, By Region, 20172025 (USD Million)
Table 8 Blood Glucose Sensors Market, By Product Type, 20172025 (USD Million)
Table 9 Blood Glucose Sensors Market, By Application, 20172025 (USD Million)
Table 10 Blood Glucose Sensors Market, By Region, 20172025 (USD Million)
Table 11 Blood Oxygen Sensors Market, By Product Type, 20172025 (USD Million)
Table 12 Blood Oxygen Sensors Market, By Application, 20172025 (USD Million)
Table 13 Blood Oxygen Sensors Market, By Region, 20172025 (USD Million)
Table 14 ECG Sensors Market, By Product Type, 20172025 (USD Million)
Table 15 ECG Sensors Market, By Application, 20172025 (USD Thousand)
Table 16 ECG Sensors Market, By Region, 20172025 (USD Thousand)
Table 17 Medical Image Sensors Market, By Product Type, 20172025 (USD Million)
Table 18 Medical Image Sensors Market, By Application, 20172025 (USD Million)
Table 19 Medical Image Sensors Market, By Region, 20172025 (USD Million)
Table 20 Medical Motion Sensors Market, By Product Type, 20172025 (USD Million)
Table 21 Medical Motion Sensors Market, By Application, 20172025 (USD Thousand)
Table 22 Medical Motion Sensors Market, By Region, 20172025 (USD Thousand)
Table 23 Ingestible Sensors Market, By Application, 20172025 (USD Million)
Table 24 Ingestible Sensors Market, By Region, 20172025 (USD Million)
Table 25 Medical Touch Sensors Market, By Product Type, 20172025 (USD Million)
Table 26 Medical Touch Sensors Market, By Application, 20172025 (USD Million)
Table 27 Medical Touch Sensors Market, By Region, 20172025 (USD Million)
Table 28 Heart Rate Sensors Market, By Product Type, 20172025 (USD Million)
Table 29 Heart Rate Sensors Market, By Application, 20172025 (USD Thousand)
Table 30 Heart Rate Sensors Market, By Region, 20172025 (USD Thousand)
Table 31 Market, By Product Type, 20172025 (USD Million)
Table 32 Non-Invasive Medical Sensors Market, By Sensor Type, 20172025 (USD Million)
Table 33 Non-Invasive Medical Sensors Market, By Application, 20172025 (USD Million)
Table 34 Non-Invasive Medical Sensors Market, By Region, 20172025 (USD Million)
Table 35 Invasive Medical Sensors Market, By Sensor Type, 20172025 (USD Million)
Table 36 Invasive Medical Sensors Market, By Application, 20172025 (USD Million)
Table 37 Invasive Medical Sensors Market, By Region, 20172025 (USD Million)
Table 38 Market, By Application, 20172025 (USD Million)
Table 39 Market for Diagnostic Imaging, By Sensor Type, 20172025 (USD Million)
Table 40 Market for Diagnostic Imaging, By Product Type, 20172025 (USD Million)
Table 41 Market for Patient Monitoring, By Sensor Type, 20172025 (USD Million)
Table 42 Market for Patient Monitoring, By Product Type, 20172025 (USD Million)
Table 43 Market for Medical Implants & Endoscopy, By Sensor Type, 20172025 (USD Thousand)
Table 44 Market for Medical Implants & Endoscopy, By Product Type, 20172025 (USD Million)
Table 45 Market, By End User, 20172025 (USD Million)
Table 46 Market for Hospitals & Clinics, By Region, 20172025 (USD Million)
Table 47 Market for Nursing Homes, Assisted Living Facilities, Long-Term Care Centers, and Home Care Settings, By Region, 20172025 (USD Million)
Table 48 Market for Other End Useres, By Region, 20172025 (USD Million)
Table 49 Market, By Region, 20172025 (USD Million)
Table 50 Market in Americas, By Region, 20172025 (USD Million)
Table 51 Market in North America, By Sensor Type, 20172025 (USD Million)
Table 52 Market in North America, By Product Type, 20172025 (USD Million)
Table 53 Market in North America, By Application, 20172025 (USD Million)
Table 54 Market in North America, By Country, 20172025 (USD Million)
Table 55 Market in US, By Sensor Type, 20172025 (USD Million)
Table 56 Market in US, By Product Type, 20172025 (USD Million)
Table 57 Market in US, By Application, 20172025 (USD Million)
Table 58 Market in Canada, By Sensor Type, 20172025 (USD Thousand)
Table 59 Medical Sensors Market in Canada, By Product Type, 20172025 (USD Thousand)
Table 60 Market in Canada, By Application, 20172025 (USD Thousand)
Table 61 Market in Mexico, By Sensor Type, 20172025 (USD Thousand)
Table 62 Market in Mexico, By Product Type, 20172025 (USD Thousand)
Table 63 Market in Mexico, By Application, 20172025 (USD Thousand)
Table 64 Market in South America, By Sensor Type, 20172025 (USD Million)
Table 65 Market in South America, By Product Type, 20172025 (USD Million)
Table 66 Market in South America, By Application, 20172025 (USD Million)
Table 67 Market in South America, By Country, 20172025 (USD Thousand)
Table 68 Market in Brazil, By Sensor Type, 20172025 (USD Thousand)
Table 69 Market in Brazil, By Product Type, 20172025 (USD Thousand)
Table 70 Market in Brazil, By Application, 20172025 (USD Thousand)
Table 71 Medical Sensors Market in Argentina, By Sensor Type, 20172025 (USD Thousand)
Table 72 Market in Argentina, By Product Type, 20172025 (USD Thousand)
Table 73 Market in Argentina, By Application, 20172025 (USD Thousand)
Table 74 Market in Europe, By Sensor Type, 20172025 (USD Million)
Table 75 Market in Europe, By Product Type, 20172025 (USD Million)
Table 76 Market in Europe, By Application, 20172025 (USD Million)
Table 77 Market in Europe, By Country, 20172025 (USD Million)
Table 78 Market in Germany, By Sensor Type, 20172025 (USD Thousand)
Table 79 Market in Germany, By Product Type, 20172025 (USD Million)
Table 80 Market in Germany, By Application, 20172025 (USD Thousand)
Table 81 Market in France, By Sensor Type, 20172025 (USD Thousand)
Table 82 Market in France, By Product Type, 20172025 (USD Million)
Table 83 Market in France, By Application, 20172025 (USD Thousand)
Table 84 Market in UK, By Sensor Type, 20172025 (USD Thousand)
Table 85 Market in UK, By Product Type, 20172025 (USD Million)
Table 86 Market in UK, By Application, 20172025 (USD Thousand)
Table 87 Market in Italy, By Sensor Type, 20172025 (USD Thousand)
Table 88 Market in Italy, By Product Type, 20172025 (USD Thousand)
Table 89 Market in Italy, By Application, 20172025 (USD Thousand)
Table 90 Market in Spain, By Sensor Type, 20172025 (USD Thousand)
Table 91 Market in Spain, By Product Type, 20172025 (USD Thousand)
Table 92 Market in Spain, By Application, 20172025 (USD Thousand)
Table 93 Market in Asia Pacific, By Sensor Type, 20172025 (USD Million)
Table 94 Market in Asia Pacific, By Product Type, 20172025 (USD Million)
Table 95 Market in Asia Pacific, By Application, 20172025 (USD Million)
Table 96 Market in Asia Pacific, By Country, 20172025 (USD Million)
Table 97 Market in China, By Sensor Type, 20172025 (USD Million)
Table 98 Market in China, By Product Type, 20172025 (USD Million)
Table 99 Market in China, By Application, 20172025 (USD Million)
Table 100 Market in Japan, By Sensor Type, 20172025 (USD Thousand)
Table 101 Market in Japan, By Product Type, 20172025 (USD Million)
Table 102 Market in Japan, By Application, 20172025 (USD Thousand)
Table 103 Market in India, By Sensor Type, 20172025 (USD Thousand)
Table 104 Market in India, By Product Type, 20172025 (USD Thousand)
Table 105 Market in India, By Application, 20172025 (USD Thousand)
Table 106 Market in South Korea, By Sensor Type, 20172025 (USD Thousand)
Table 107 Market in South Korea, By Product Type, 20172025 (USD Thousand)
Table 108 Market in South Korea, By Application, 20172025 (USD Thousand)
Table 109 Market in RoW, By Sensor Type, 20172025 (USD Thousand)
Table 110 Market in RoW, By Product Type, 20172025 (USD Million)
Table 111 Market in RoW, By Application, 20172025 (USD Thousand)
Table 112 Market in RoW, By Region, 20172025 (USD Million)
Table 113 Product Launches and Developments, 20182019
Table 114 Agreements, Partnerships, and Contracts, 20182019
Table 115 Merger & Acquisitions, 20182019
List of Figures (58 Figures)
Figure 1 Medical Sensors Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Market Size Estimation Methodology: Supply-Side Approach
Figure 5 Market Size Estimation Methodology: Demand-Side Approach
Figure 6 Data Triangulation
Figure 7 Market, 20172025 (USD Million)
Figure 8 Pressure Sensors Segment Accounted for Largest Share of Market in 2019
Figure 9 Patient Monitoring Segment to Hold Largest Size of Market From 2020 to 2025
Figure 10 North America Accounted for Largest Share of Medical Sensors Market in 2019
Figure 11 Increasing Adoption of IoT-Based Medical Devices to Boost Growth of Market From 2020 to 2025
Figure 12 NonInvasive Segment to Account for Large Size of Market in 2020 and 2025
Figure 13 Patient Monitoring Segment to Hold Largest Share of Market in 2020 and 2025
Figure 14 Pressure Sensors Segment and China Held Largest Shares of Market in APAC in 2019
Figure 15 Hospitals & Clinics Segment to Hold Largest Size of Market From 2020 to 2025
Figure 16 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Drivers and Their Impact on Market
Figure 18 Global IoT Medical Device Installations From 2015 to 2025 (Million Units)
Figure 19 Global Population of 60 Years of Age and Above, 20152050 (Million)
Figure 20 Restraints and Their Impact on Market
Figure 21 Opportunities and Their Impact on Market
Figure 22 Global Healthcare Expenditure as Percentage of GDP From 1995 to 2024
Figure 23 Challenges and Their Impact on Market
Figure 24 Value Chain Analysis: Maximum Value Added By Sensor Manufacturers, System Integrators, and Software Platform Providers
Figure 25 Pressure Sensors Segment to Account for Largest Size of Market From 2020 to 2025
Figure 26 Patient Monitoring Segment to Hold Largest Size of Medical Pressure Sensors Market From 2020 to 2025
Figure 27 Diagnostic Imaging Segment of Medical Temperature Sensors Market to Grow at Highest Rate From 2020 to 2025
Figure 28 Americas to Hold Largest Size of Blood Glucose Sensors Market From 2020 to 2025
Figure 29 Patient Monitoring Segment to Hold Largest Size of Blood Oxygen Sensors Market From 2020 to 2025
Figure 30 ECG Sensors Market in APAC to Grow at Highest CAGR From 2020 to 2025
Figure 31 Diagnostic Imaging Segment of Medical Image Sensors Market to Grow at Highest CAGR From 2020 to 2025
Figure 32 Patient Monitoring Segment of Medical Motion Sensors Market to Hold Largest Size From 2020 to 2025
Figure 33 Ingestible Sensors Market in APAC Projected to Grow at Highest CAGR From 2020 to 2025
Figure 34 Patient Monitoring Segment to Account for Largest Size of Medical Touch Sensors Market From 2020 to 2025
Figure 35 Americas to Account for Largest Size of Heart Rate Sensors Market From 2020 to 2025
Figure 36 Non-Invasive Segment to Account for Large Size of Market From 2020 to 2025
Figure 37 Pressure Sensors Segment Accounted for Largest Size of Non-Invasive Medical Sensors Market From 2020 to 2025
Figure 38 Patient Monitoring Segment to Account for Largest Size of Invasive Medical Sensors Market From 2020 to 2025
Figure 39 Patient Monitoring Segment to Account for Largest Size of Market From 2020 to 2025
Figure 40 Pressure Sensors Segment Estimated to Account for Largest Size of Market for Diagnostic Imaging in 2020
Figure 41 Ingestible Sensors Segment of Market for Patient Monitoring to Grow at Highest CAGR From 2020 to 2025
Figure 42 Non-Invasive Segment Estimated to Account for Large Size of Market for Medical Implants & Endoscopy in 2020
Figure 43 Hospitals & Clinics Segment to Account for Largest Size of Market From 2020 to 2025
Figure 44 Argentina to Register Highest CAGR in Market During Forecast Period
Figure 45 Snapshot of Market in North America
Figure 46 Snapshot of Market in South America
Figure 47 Snapshot of Market in Europe
Figure 48 Snapshot of Market in APAC
Figure 49 New Product Launches: Key Strategies Adopted By Major Players From January 2018 to December 2019
Figure 50 Market Ranking of the Top 5 Players in Market, 2019
Figure 51 Market Evaluation Framework
Figure 52 Market (Global) Competitive Leadership Mapping, 2019
Figure 53 Texas Instruments: Company Snapshot
Figure 54 TE Connectivity: Company Snapshot
Figure 55 First Sensor : Company Snapshot
Figure 56 Medtronics : Company Snapshot
Figure 57 ST Microelectronics: Company Snapshot
Figure 58 NXP Semiconductors NV: Company Snapshot
The study involved four major activities in estimating the size of the medical sensors market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total markets size. After that, market breakdown and data triangulation were used to determine the market sizes of segments and sub-segments.
Secondary Research
In the medical sensors market report, both top-down and bottom-up approaches have been used to estimate and validate the size of the medical sensors market, along with other dependent submarkets. The key players in the medical sensors market have been identified through secondary research, and their market rankings have been determined through primary and secondary research. This entire research methodology involved studying annual and financial reports of the top players and interviewing experts (such as CEOs, VPs, directors, and marketing executives) for key insights (both quantitative and qualitative). All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All the possible parameters that may affect the markets covered in this research study have been accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report.
Primary Research
The medical sensors market supply chain comprises several stakeholders such as medical device and equipment manufacturers, medical device component manufacturers, medical technology and solution providers, and system integrators. The demand side of this market is characterized by original medical device equipment manufacturers, hospitals, clinics, nursing homes, government, and research and laboratory labs. The supply side is characterized by medical devices component suppliers, technology and solution providers, and system integrators. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The breakdown of the primary respondents is provided below:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the medical sensors market. These methods were also extensively used to determine the sizes of various market sub-segments. The research methodology used to estimate the market sizes includes the following:
- The key players in the market were identified through extensive secondary research.
- The industrys supply chain and market size, in terms of value, were determined through primary and secondary research.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market sizeusing the market size estimation processes explained abovethe market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
The main objectives of this study are:
- To define, analyze, and forecast the medical sensors market, in terms of value and volume, by sensors type, product type, application, end-user, and geography
- To analyze opportunities in the market for various stakeholders by identifying the high-growth segments of the medical sensors market
- To forecast the medical sensors market for various segments with respect to four regionsAmericas, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To strategically profile key players and comprehensively analyze their market positions in terms of ranking and core competencies, and detail the competitive landscape for market leaders
Available Customizations:
Country-wise Information:
- Detailed analysis of various medical sensors component for each country.
- Detailed analysis of medical sensors componentsensors, batteries, MCUs/MPUs, displays, and memory devices
Company Information:
- Detailed analysis and profiling of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Medical Sensors Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Medical Sensors Market
Have you included wearable elctonics sensors in your study ? Would be interested in knowing major companies manufacturing these type of component?
Interested in knowing about sensors in medical industry like tempertaure sensors, pressure sensors, ingestible sensors, and blood monitoring sensors.
I am collecting information on medical sensor industry for a case study on the industry and not a particular company to use the info. Would be interested in receiving sample and brochure for this report.
Would like to know the trends and business opportunities world wide for various medical sensors prevailing in this industry. Also would like to know the feasibility of a start-up in the medical sensors industry.
I am looking into medical sensors that may be used for my individual project for my fourth year Product Design Engineering degree. What discount is available for student copy ?
I am interested to learn if the application segmentation in the Medical Sensors report goes one level deeper than: Diagnostics, Monitoring, Medical therapeutics, Imaging, Wellness and fitness.
I am developing a network :Wireless body area networks (WBANs) signify emerging technology with the potential to revolutionize health care by allowing unobtrusive health monitoring for extended periods of time.I need wireless sensors for :A typical WBAN consists of a number of inexpensive, lightweight, and miniature sensor platforms, each featuring one or more physiological sensors: motion sensors, EEGs, EMGs, electrocardiographs (ECGs). The sensors could be located on the body as tiny intelligent patches, integrated into clothing, or implanted below the skin or muscles. Have you covered this level of detail analysis in your project ?
Data required for the following 3 sensor types: 1)respiratory gas monitors 2)oximetry (pulse oximeters) 3)capnography (capnometry) . What level of information is available for these products?
What level of information have been provided with respect to startup operating in this market. Do you provide competitor analysis data for startups companies.
Looking for specific data for sensors for temperature, heart beat and skill conduction. Currently, researching on human emotion detection system. What level of information you can provide to us ?
Hi, we are a startup, working on different medical devices what can be used simultanious on smartphones tablets and smartwatches, with a patents filled. I would be intersting how big is the market for fever thermometers in US EU world If you could help us this would be very nice, best regards Hubertus
Consulting for small tech company interested in Pressure & Position Sensors for Monitoring and Diagnostic Market Segments (US Primary, Global secondary).