Medical Sensors Companies

The medical sensors market is valued at USD 3.06 billion in 2025 and is projected to reach USD 4.48 billion by 2030; it is expected to grow at a CAGR of 7.9% from 2025 to 2030. Increasing adoption of sensors in portable and connected medical devices, the growing elderly population and longer life expectancy, along with rising demand for wearable medical devices, are key factors driving the growth of medical sensors market.

Medical Sensors Companies

Prominent players in the medical sensors market include TE Connectivity (Ireland), Medtronics (Ireland), Analog Devices, Inc. (US), Honeywell International Inc. (US), Texas Instruments Incorporated (US), Amphenol Advanced Sensors (US), Sensirion (Switzerland), STMicroelectronics (Switzerland), ams-OSRAM AG (Austria), Excelitas Technologies Corp. (US), Tekscan, Inc. (US), NXP Semiconductors (Netherlands), Semiconductor Components Industries, LLC (US), Omnivision (US), Nihon Kohden Corporation (Japan), Innovative Sensor Technology IST AG (Switzerland), CTS Corporation (US), ROHM Co., Ltd. (Japan), Murata Manufacturing Co., Ltd. (Japan), Angst+Pfister Sensors and Power AG (Switzerland), among others. These companies adopted strategies such as product launches, expansions, agreements, partnerships, collaborations, and acquisitions to strengthen their market presence.

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In May 2025, ams OSRAM announced a collaboration with Movano Health to power the Evie Ring, a next-generation women-focused wearable device, with its advanced photoplethysmography (PPG) sensor solution. The Evie Ring is designed to monitor heart rate, heart rate variability, oxygen saturation, sleep stages, and menstrual cycles, focusing on clinically validated wellness and health insights tailored to women. The collaboration enhances the medical sensors market by advancing miniature, clinically validated wearable technologies designed for specific health needs, such as women’s wellness.

In June 2023, TE Connectivity's partnership with Tacterion integrates flexible plyon touch and force sensors into medical connectors, enhancing predictive maintenance and device reliability. This innovation supports smarter, fault-detecting medical systems, especially in surgical tools, wearables, and catheter interfaces, driving the adoption of intelligent sensors and strengthening growth in the medical sensors market. The partnership between TE Connectivity and Tacterion GmbH positively impacts the medical sensors market by enabling smart, touch-sensitive components that support predictive maintenance and real-time diagnostics in medical equipment, thereby improving device reliability and patient safety outcomes.

TE Connectivity

TE Connectivity develops and supplies high-performance medical sensors for a wide range of healthcare applications through its industrial solutions segment. It offers a robust portfolio of medical sensors designed for critical healthcare tasks such as imaging, diagnostics, surgical procedures, and patient monitoring. The company manufactures a variety of sensors, including ultrasonic, temperature, humidity, pressure, force, position, and photo-optic sensors. These sensors are integrated into medical devices like ventilators, diagnostic imaging systems, pulse oximeters, and infusion pumps to support precise monitoring and therapeutic functions. TE’s sensors are valued for their accuracy, reliability, and ability to perform in harsh medical environments. Recent developments, such as the opening of a global medical prototyping center in Galway, Ireland, highlight the company’s commitment to expediting product development and enhancing customer collaboration. TE Connectivity’s global presence and strategic acquisitions, such as Linx Technologies and a partnership with tacterion GmbH, further strengthen its innovation in medical sensing technology, making it a prominent player in the evolving healthcare industry landscape.

Medtronic

Medtronic develops and delivers advanced medical sensor technologies that drive innovation in patient monitoring, surgery, and diabetes management. The company integrates these sophisticated sensor technologies into its core portfolios, especially Medical Surgical and Diabetes. In the Medical Surgical segment, Medtronic creates Nellcor pulse oximetry and INVOS regional oximetry sensors that measure oxygen saturation, respiratory rate, and brain function in real time to enhance patient safety and surgical results. The PillCam SB 3 capsule endoscopy system, another sensor-enabled innovation, enables non-invasive visualization of the gastrointestinal tract through an ingestible capsule camera, revolutionizing diagnostic procedures for GI disorders. In diabetes care, Medtronic offers sensor-based solutions like the Guardian 4 and Simplera Sync continuous glucose monitoring (CGM) systems, which connect with insulin pumps to support automated insulin delivery and better glucose control. These technologies reduce patient burden by decreasing fingerstick tests and providing continuous real-time data. With a portfolio that exceeds 49,000 patents and strong investments in R&D, Medtronic actively advances innovation in sensor-driven healthcare. Its broad range of biophysical and biochemical sensors, combined with global reach and clinical expertise, positions the company as a leader in shaping the future of connected and personalized medicine care.

Analog Devices, Inc.

Analog Devices, Inc. is a leading high-performance analog technology company. The company designs, manufactures, tests, and markets a broad portfolio of solutions, including integrated circuits (ICs), software, and subsystems that utilize high-performance analog, mixed-signal, and digital signal processing technologies. Its product portfolio and manufacturing capabilities cover power management and processing technologies such as data converters, amplifiers, radio frequency (RF) ICs, digital signal processors (DSP), and other sensors. The company operates through four segments: industrial, automotive, consumer, and communications. Its primary product categories include converters, amplifiers, power management, references, digital signal processors, and other analog products. Signal processing products are used to convert, condition, and process real-world phenomena- such as temperature, sound, light, pressure, speed, and motion- into electrical signals. The analog technology portfolio also includes sensor and actuator products, including those based on Microelectromechanical System (MEMS) technology. The company offers healthcare products via its Industrial business segment, providing medical sensors for various applications, such as multi- parameter vital signs monitors, x- ray equipment, image- guided therapies, ultrasound systems, anesthesia equipment, blood analyzers, point- of- care diagnostic devices, and lab diagnostic tools. Analog Devices, Inc. maintains several subsidiaries worldwide, including Maxim Integrated (US), Linear Technology Corporation (US), Symeo GmbH (Germany), OtoSense, Inc. (US), Analog Devices Co., Ltd. (China), Analog Devices Ltd. (Israel), Analog Devices AB (Sweden), Analog Devices GmbH (Germany), Analog Devices GmbH (Austria), and Analog Devices India Private Limited (India). The company supplies products to over 125,000 customers through a direct sales force, third-party distributors, and independent sales representatives. It has offices, sales representatives, and/or distributors in more than 50 countries outside North America.

Semiconductor Components Industries, LLC

Semiconductor Components Industries, LLC (ON Semiconductor Corporation) provides advanced medical sensor solutions through its Intelligent Sensing Group (ISG) and delivers critical sensor technology for portable medical devices and patient monitoring systems. The company’s sensor portfolio includes CMOS and CCD image sensors, silicon photomultiplier sensors, temperature sensors, and proximity sensors. These components are essential for high-precision imaging, real-time temperature monitoring, and improved diagnostic capabilities in devices like portable monitors and imaging systems. ON Semiconductor’s custom CMOS sensors enable high-speed data output, making them suitable for dynamic imaging environments. Additionally, its silicon photomultipliers support photon-sensitive imaging with high efficiency and low-voltage operation. With a strong global presence in North America, Europe, and Asia, as well as collaborations such as its partnership with Avnet to develop IoT-based healthcare devices, the company continues to drive innovation in medical sensing. ON Semiconductor’s focus on compact, energy-efficient, and accurate sensor technologies positions it as a key player in the development of next-generation healthcare solutions and electronics.

MARKET RANKING

The ranking of companies in the medical sensors market has been determined through a market share analysis, which considers revenue from product portfolio breadth and depth, innovation, brand recognition, launches, and regional presence. Based on this analysis, the top market leaders are TE Connectivity (Ireland), Medtronic (Ireland), Analog Devices, Inc. (US), Honeywell International Inc. (US), Texas Instruments Incorporated (US), Amphenol Advanced Sensors (US), Sensirion (Switzerland), STMicroelectronics (Switzerland), and ams-OSRAM AG (Austria). TE Connectivity is known for its miniature, high-precision sensors used in biopotential, pressure, and temperature sensing in medical devices; Medtronic offers an extensive range of biophysical and biochemical sensors embedded in patient monitoring, surgical, and diabetes care devices; Analog Devices supports the market with MEMS and analog front-end technologies that enable low-power, high-resolution medical sensors, while Honeywell International supplies reliable pressure, airflow, and force sensors widely used in ventilators and infusion pumps. Sensirion plays a key role in developing high-accuracy gas flow and humidity sensors, which are essential for respiratory care devices such as ventilators, spirometers, and anesthesia machines. Its compact sensor modules, designed for single-use and sterilizable environments, gained high adoption during the COVID-19 pandemic and continue to support the growing respiratory monitoring segment. Amphenol Corporation contributes with its broad portfolio of pressure, temperature, and position sensors tailored for infusion pumps, catheters, and patient monitoring systems. Leveraging its global presence and manufacturing scale, Amphenol ensures high-reliability sensors that meet strict regulatory standards, supporting applications in both invasive and non-invasive devices. The remaining players, including regional vendors and emerging startups, target niche applications such as disease-specific sensors, wearable devices for particular conditions, or custom-designed sensors for local markets, creating opportunities for innovation, M&A activity, and new development entrants.

Related Reports:

Medical Sensors Market Size, by Sensor Type (Biopotential, Biophysical, Image), Product Type (Ingestible, External), Device Classification, Application, Connectivity, Technology, End User, & Region - Global Forecast to 2030

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