The global disposable medical sensors market was valued at USD 7 billion in 2022 and grew at a CAGR of 12% from 2023 to 2032. The market is expected to reach USD 21.74 billion by 2032. The increasing incidence of chronic illnesses will drive the growth of the global disposable medical sensors market.
A sensor is meant to identify and detect changes in vital body parameters like temperature, pressure, and oxygen saturation and relay the information to an electronic device in an understandable format. Medical sensors can be wearable, or they can be non-wearable. The primary function of a sensor is to detect changes in body vitals, meaning they are used extensively in diagnostics. There are different medical sensors used to assess different parameters. A few common examples are heart rate, body temperature, oxygen saturation, blood glucose levels, respiration rate, and diet monitoring. Pulse-oximeters, electrocardiograms, thermometers, fluid level sensors, and sphygmomanometers are popular examples of medical sensors. As the name suggests, disposable medical sensors are single-use disposable medical devices. They are inexpensive and simple to use. They are quick single-point measurements. The disposable nature offers the highest cleanliness, hygiene and patient safety standards. Individual packaging reduces cross-contamination. Easy to use nature allows its application in home care settings.
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The increasing incidence of chronic illnesses – the lifestyle changes associated with sedentary work-life, regular consumption of alcohol, cigarette smoking, processed diet and no physical exercise has contributed to the increasing incidence and prevalence of chronic diseases. The increasing obese and diabetic population also contributes to the rising patient pool. The environmental changes associated with fluctuating temperatures, pollution, and extreme weather conditions have increased the risk of diseases globally. The rising geriatric population is also driving the increasing incidence of chronic illnesses. The increasing incidence of chronic illnesses will drive the demand for disposable medical sensors to diagnose and monitor patients. The covid-19 pandemic boosted the market, as seen in the rising sales of rapid covid-19 tests. Therefore, the increasing incidence of chronic illnesses will propel the market's growth.
The concerns regarding the waste generated – disposable medical sensors, by nature, are single-use inexpensive medical devices thrown away after one use. The amount of medical waste generated is high with disposable medical sensors. They are made from inexpensive materials to lower their retail costs, adding to negative environmental impact. The lack of a policy framework governing the use, disposal, and discard of medical waste and poor implementation will lead to significant community and environmental consequences. Therefore, the concerns regarding the waste generated will hamper the market's growth.
Product innovations – the increasing incidence and prevalence of chronic diseases and the rising likelihood of future pandemics- have encouraged market players to invest in disposable medical sensors. The increasing research and development aimed towards developing more accurate, reliable, durable and flexible medical sensors will offer lucrative opportunities in the market. The favourable and enabling regulatory environment will also augment the market's growth.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest global disposable medical sensors market, with a 35% market revenue share in 2022.
The increasing incidence of chronic diseases closely associated with the rising obese, diabetic and elderly population will drive the regional market's growth. The affordable government reimbursement policies and well-established healthcare industry will augment the market's growth. Given the presence of significant market players and a well-designed network of distributors, access to products will bode well for the market.
North America Region Disposable Medical Sensors Market Share in 2022 - 35%
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The product type segment is divided into biosensors, accelerometers, image sensors, pressure sensors, temperature sensors and others. The biosensors segment dominated the market, with a market share of around 34% in 2022. a device that detects the presence of chemicals using a living biological molecule, like enzymes or antibodies, is called a biosensor. Biosensors are widely used in the pharmaceutical, healthcare, biotechnology and food industries. Pregnancy tests and glucose monitoring sensors are common examples of biosensors. Biosensors use various transduction methods, including electrochemical, optical, and auditory. Pathogens in food can be found using biosensors. They are also used to identify a disease or pathogens in biological samples. Therefore, extensively using biosensors will propel its growth in the forecast period.
The application segment is divided into diagnostic, patent monitoring, therapeutic, imaging and others. The diagnostic segment dominated the market, with a market share of around 36% in 2022. The process of identifying or diagnosing the patient to conclude a medical condition, disease or infection through presented symptoms and indicators detected by sensors is called medical diagnosis. Diagnosis is performed through imaging, EEG, BP checks etc. They form the basis of the starting point of healthcare. Diagnostic tests are used to generate a prognosis, plan a course of treatment, and monitor progress. The increasing incidence of chronic diseases will propel the segment’s growth in the forecast period.
The placement type segment is divided into strip sensors, implantable sensors, ingestible sensors, wearable sensors, and invasive sensors. The strip sensors segment dominated the market, with a market share of around 38% in 2022. Strip sensors are dependable, reliable and practical. They are also simple and cost-effective, making them popular in hospital and at-home-care settings. Furthermore, strip sensors are versatile. Therefore, their durable, simple, and reliable nature will propel their growth during the forecast period.
Report Description:
Attribute | Description |
---|---|
Market Size | Revenue (USD Billion) |
Market size value in 2022 | USD 7 Billion |
Market size value in 2032 | USD 21.74 Billion |
CAGR (2023 to 2032) | 12% |
Historical data | 2019-2021 |
Base Year | 2022 |
Forecast | 2023-2032 |
Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
Segments | Product Type, Application and Placement Type |
As per The Brainy Insights, the size of the global disposable medical sensors market was valued at USD 7 billion in 2022 to USD 21.74 billion by 2032.
Global disposable medical sensors market is growing at a CAGR of 12% during the forecast period 2023-2032.
The market's growth will be influenced by the increasing incidence of chronic illnesses.
The concerns regarding the waste generated could hamper the market growth.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Product Type
4.3.2. Market Attractiveness Analysis by Application
4.3.3. Market Attractiveness Analysis by Placement Type
4.3.4. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The increasing incidence of chronic illnesses
5.3. Restraints
5.3.1. The concerns regarding the waste generated
5.4. Opportunities
5.4.1. Product innovations
5.5. Challenges
5.5.1. The risk of inaccurate results
6. Global Disposable Medical Sensors Market Analysis and Forecast, By Product Type
6.1. Segment Overview
6.2. Biosensors
6.3. Accelerometers
6.4. Image Sensors
6.5. Pressure Sensors
6.6. Temperature Sensors
6.7. Others
7. Global Disposable Medical Sensors Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Diagnostic
7.3. Patent Monitoring
7.4. Therapeutic
7.5. Imaging
7.6. Others
8. Global Disposable Medical Sensors Market Analysis and Forecast, By Placement Type
8.1. Segment Overview
8.2. Strip Sensors
8.3. Implantable Sensors
8.4. Ingestible Sensors
8.5. Wearable Sensors
8.6. Invasive Sensors
9. Global Disposable Medical Sensors Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Disposable Medical Sensors Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Disposable Medical Sensors Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. ACE Medical Devices
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Analog Devices Inc.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. GE Healthcare
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Honeywell International, Inc.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Koninklijke Philips N.V.
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Medtronic Plc
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Sensirion AG
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Smith’s Group Plc
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. SSI Electronics
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. TE Connectivity
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
2. Global Biosensors Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
3. Global Accelerometers Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
4. Global Image Sensors Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
5. Global Pressure Sensors Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
6. Global Temperature Sensors Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
7. Global Others Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
8. Global Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
9. Global Diagnostic Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
10. Global Patent Monitoring Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
11. Global Therapeutic Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
12. Global Imaging Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
13. Global Others Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
14. Global Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
15. Global Strip Sensors Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
16. Global Implantable Sensors Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
17. Global Ingestible Sensors Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
18. Global Wearable Sensors Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
19. Global Invasive Sensors Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
20. Global Disposable Medical Sensors Market, By Region, 2019-2032 (USD Billion)
21. North America Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
22. North America Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
23. North America Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
24. U.S. Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
25. U.S. Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
26. U.S. Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
27. Canada Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
28. Canada Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
29. Canada Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
30. Mexico Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
31. Mexico Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
32. Mexico Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
33. Europe Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
34. Europe Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
35. Europe Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
36. Germany Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
37. Germany Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
38. Germany Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
39. France Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
40. France Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
41. France Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
42. U.K. Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
43. U.K. Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
44. U.K. Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
45. Italy Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
46. Italy Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
47. Italy Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
48. Spain Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
49. Spain Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
50. Spain Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
51. Asia Pacific Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
52. Asia Pacific Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
53. Asia Pacific Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
54. Japan Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
55. Japan Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
56. Japan Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
57. China Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
58. China Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
59. China Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
60. India Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
61. India Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
62. India Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
63. South America Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
64. South America Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
65. South America Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
66. Brazil Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
67. Brazil Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
68. Brazil Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
69. Middle East and Africa Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
70. Middle East and Africa Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
71. Middle East and Africa Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
72. UAE Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
73. UAE Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
74. UAE Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
75. South Africa Disposable Medical Sensors Market, By Product Type, 2019-2032 (USD Billion)
76. South Africa Disposable Medical Sensors Market, By Application, 2019-2032 (USD Billion)
77. South Africa Disposable Medical Sensors Market, By Placement Type, 2019-2032 (USD Billion)
List of Figures
1. Global Disposable Medical Sensors Market Segmentation
2. Disposable Medical Sensors Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Disposable Medical Sensors Market Attractiveness Analysis by Product Type
9. Global Disposable Medical Sensors Market Attractiveness Analysis by Application
10. Global Disposable Medical Sensors Market Attractiveness Analysis by Placement Type
11. Global Disposable Medical Sensors Market Attractiveness Analysis by Region
12. Global Disposable Medical Sensors Market: Dynamics
13. Global Disposable Medical Sensors Market Share by Product Type (2022 & 2032)
14. Global Disposable Medical Sensors Market Share by Application (2022 & 2032)
15. Global Disposable Medical Sensors Market Share by Placement Type (2022 & 2032)
16. Global Disposable Medical Sensors Market Share by Regions (2022 & 2032)
17. Global Disposable Medical Sensors Market Share by Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global disposable medical sensors market based on below mentioned segments:
Global Disposable Medical Sensors Market by Product Type:
Global Disposable Medical Sensors Market by Application:
Global Disposable Medical Sensors Market by Placement Type:
Global Disposable Medical Sensors Market by Region:
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