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Disposable Medical Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

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The medical devices manufacturing companies are in a nonstop process of improving medical devices in terms of convenience, safety and most prominently, sterility. This sterility factor significantly led to the manufacturing of the disposable medical devices. The new sensor technology that senses as well as records changes in any electrical properties aided the creation of disposable medical sensors. The use of these sensors in medical sector strongly depends on the type of application. The various types of disposable medical sensors includes ingestible sensor, implantable sensors, and invasive sensors.An ingestible digital sensor isswallowed in a pill for tracking health data from inside the human body. Implantable sensors are mainly used in medical research for measuring force, temperature, and pressure inside the human body.Invasive sensors are used for detection of physical as well as chemical parameters by inserting a probe inside a human body. 

In medical diagnostics, sensors are necessary in digital thermometers, digital blood pressure meters, breath analyzers, peak flow meters, spirometers, sleep apnea monitoring devices and respiration pulse oximeters. The therapeutic equipment such asheart-lung machines, respiration equipment and anesthetic equipment in intensive care, as well as infusion and transfusion pumps use these disposable sensors. Therapeutic sleep apnea devices and dialysis systems are the further examples of therapeutic equipment which in turn rises the sensors demand. 

On the basis of technologies, the disposable medical sensors are categorized into temperature, pressure, image, acoustic, gas, and flow sensors. Disposable blood pressure sensors are used for continuous patient’s blood pressure monitoring during the surgery.They are plugged in to a monitor which then shows the patients’ vital information. Pressure sensors are also used in intensive-care units (ICU), however must be replaced in every 24 hours. The image sensors along with camerascan be used for optical, X-ray and ultrasonic purposes in hospitals and clinics.

The global demand of wireless wearable,and disposable medical sensors continues to increase in a significant manner. In May 2012, the Federal Communications Commission (FCC)eliminated the protected broadband spectrum in the wireless medical sensor devices called medical body area networks (MBANs). These sensors monitor as well as read vital signs of a patient wirelessly. This decision was taken at the suggestion of Philips Healthcare, and GE Healthcare. FCC has also allocated 40 MHz of spectrum for MBAN devices to use on a shared and secondary basis. 
The growing demand for sensors in clinics and in homes for treatment or diagnosis purpose is the major factor that is driving the global disposable medical sensors market. The increasing prevalence of chronic long term diseases such as cancer andkidney disorders along with rising incidences of infections in hospitals are propelling the need for global disposable medical sensors in medical sector. Also, thegrowing number of patients worldwide has significantly increased the adoption of disposable medical sensors among end-users. In addition, the rising government provisions, huge investments in healthcare sector and technological developmentssuch as wearable wrist watch devices as well asdisease detectiondevices are further expected to fuel the growth of global disposable medical sensors market.

Companies in disposable medical sensors market are coming up with various product launches along with innovations in order to tailor with rising and varying demand among end-users. For instance, in July 2015, MEMSIC, Inc. launched MFC2030 Bi-Directional Flow Sensor for medical applications such as anesthesia, analytical instruments, and process control. In October 2014, Sensirion AG launched disposable liquid flow sensors for medical devices. They are intelligent, compact as well as cost-effective disposable flow sensors. These sensors provide liquid flow measurement capability inside a medical tubing, such as catheter or infusion set on a real time basis. 

Some of the key players in disposable medical sensors market are Sensirion AG, MEMSIC, Inc., Measurement Specialties, ST Microelectronics, Smiths Medical, Philips Healthcare, Freescale Semiconductor, Inc., Medtronic, GE Healthcare, Analog Devices, Inc., Honeywell International, Inc. Given Imaging Ltd., and Coividien, plc.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

  • North America 
  • Asia Pacific 
  • Europe
  • Middle East and Africa
  • Latin America

This report provides comprehensive analysis of 

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

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  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.

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