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Published Date: 2013-12-05Number of Pages: 87

Medical Sensors Market (Biosensors, Pressure, Image, SQUID, Temperature and Flow Sensors, Accelerometers, Surgical, Diagnostic, Monitoring and Therapeutic Applications) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Sensors are meant to detect changes in the environment and offer a corresponding output. A sensor is a transducer that provides output in various forms, typically optical or electrical signals. Some of the main types of sensors used worldwide are pressure sensors, gas sensors, acceleration sensors, color sensors, ultrasonic sensors, and humidity sensors. Over the past few years, there has been a rise in the demand for medical sensors across the globe. 

The number of people aged 65 years and above is predicted to increase from 605 million in 2000 to 2 billion by 2050. The increasing aging population is expected to drive the global healthcare market in the years to come. With this, the home healthcare market is expected to rise at a fast pace. These factors are predicted to propel the global medical sensors market in the next few years. The global medical sensors market is segmented on the basis of geography, application, and product type. By geography, the global medical sensors market is divided into Asia Pacific, North America, Europe, and Rest of the World.  

The global medical sensors market report highlights key drivers, all leading players, current trends, possible growth opportunities, and key market restraints. With Porter’s five forces model, the feasibility of new projects is studied in the report. SWOT analysis, an industry-standard tool, is used by the report analysts to study the strengths, weaknesses, opportunities, and threats of the global medical sensors market.  

Overview of the Global Medical Sensors Market

The global medical sensors market is expected to expand at a 6.30% CAGR during the period from 2013 to 2019, and is expected to rise from US$10.1 bn in 2012 to US$15.5 bn by 2019. The global medical sensors market is expected to be propelled by factors such as the rising incidence of chronic diseases, the rapidly rising aging population, and the rising shift in preference from hospital healthcare to home healthcare. The rising demand for lab automation for high efficiency and advancements in medical devices are two of the other factors expected to contribute towards the growth of the global medical sensors market in the years to come.

Factors such as stringent regulatory procedures and inadequate reimbursement policies for new technologies are predicted to hamper the growth of the global medical sensors market in the next few years. However, the increasing use of IT in healthcare facilities and the presence of high unmet needs for healthcare diagnosis and treatment are predicted to benefit the global market for medical sensors.     

North America dominated the global medical sensors market in 2012 and is expected to maintain its dominance throughout the forecast period. By product type, the global medical sensors market is classified into pressure sensors, temperature sensors, image sensors, accelerometers, flow sensors, and SQUID sensors. The SQUID sensors segment is expected to expand at a 7.90% CAGR from 2013 to 2019. By application, the global medical sensors market is classified into surgical, monitoring, therapeutic, and diagnosis applications. In 2012, the surgical application segment accounted for 30% of the global medical sensors market. 

Companies mentioned in the research report

The global medical sensors market is expected to be highly competitive in the years to come due to the entry of new companies. Analog Devices Inc., Avago Technologies, Micro-Epsilon Messtechnik, OmniVision Technologies Inc., Sensirion AG, Freescale Semiconductor Inc., Danaher Corp., Honeywell Int. Inc., and Measurement Specialties are some of the prominent players in the global medical sensors market.

Key segments of the Global Medical Sensors Market

Medical Sensors Market, by Product Types

  • Biosensors
  • Temperature sensors
  • Image sensors
  • Accelerometers
  • Pressure sensors
  • Flow (air and fluid) sensors
  • SQUID
  • Others (chemical, position, level, force)

Medical Sensors Market, by Applications

  • Surgical Applications
  • Diagnostic
  • Therapeutic Applications
  • Monitoring Applications

Major regions analyzed under this research report are:

  • Europe
  • North America
  • Asia Pacific
  • Rest of the World

This report gives you access to decisive data such as:

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

Key highlights of this report

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments

 

Chapter 1 Preface

1.1 Report Description

1.2 Research Methodology

1.3 Market Segmentation

 

Chapter 2 Executive Summary

 

Chapter 3 Market Overview

3.1 Market Dynamics

      3.1.1 Market Drivers

               3.1.1.1 Increasing incidences of chronic diseases creating demand for better and improved care

               3.1.1.2 Rapidly rising global geriatric population base

               3.1.1.3 Escalated lab automation demand for increased efficiency

               3.1.1.4 Rise in trend of shift from hospital to home healthcare devices

               3.1.1.5 Impact Analysis of the Market Drivers

      3.1.2 Market Restraints

               3.1.2.1 Stringent regulatory procedures delay approval

               3.1.2.2 Inadequate re-imbursement for new technologies

               3.1.2.3 Impact Analysis of the Market Restraints

      3.1.3 Market Opportunities

               3.1.3.1 High unmet needs for medical diagnosis and treatment in emerging economies

               3.1.3.2 Development of IT (information technology) in healthcare facilitating new medical applications for sensors

3.2 Porter’s Five Forces Analysis for the Global Medical Sensors Market

       3.2.1 Bargaining Power of Suppliers

       3.2.2 Bargaining Power of Buyers

       3.2.3 Threat of New Entrants

       3.2.4 Threat of Substitutes

       3.2.5 Competitive Rivalry

3.3 Market Attractiveness Analysis of the Global Medical Sensors Market, by Geography

3.4 Global Medical Sensors Market, 2011 – 2019 (USD Million)

 

Chapter 4 Global Medical Sensors Market, by Product Types

4.1 Overview

4.2 Global Pressure Sensors Market

       4.2.1 Global Pressure Sensors Market, 2011 – 2019 (USD Million)

4.3 Global Temperature Sensors Market

       4.3.1 Global Temperature Sensors Market, 2011 – 2019 (USD Million)

4.4 Global Image Sensors Market

       4.4.1 Global Image Sensors Market, 2011 – 2019 (USD Million)

4.5 Global Accelerometers Market

       4.5.1 Global Accelerometers Market, 2011 – 2019 (USD Million)

4.6 Global Biosensors Market

       4.6.1 Global Biosensors Market, 2011 – 2019 (USD Million)

4.7 Global Flow Sensors Market

       4.7.1 Global Flow Sensors Market, 2011 – 2019 (USD Million)

4.8 Global SQUID Sensors Market

       4.8.1 Global SQUID Sensors Market, 2011 – 2019 (USD Million)

4.9 Global Market for Other sensors

       4.9.1 Global Market for Other Sensors, 2011 – 2019 (USD Million)

 

Chapter 5 Global Medical Sensors Market, by Applications

5.1 Overview

5.2 Surgical Applications

       5.2.1 Global Surgical Application Market, 2011 – 2019 (USD Million)

5.3 Diagnostic Applications

       5.3.1 Global Diagnostic Application Market, 2011 – 2019 (USD Million)

5.4 Therapeutic Applications

       5.4.1 Global Therapeutic Application Market, 2011 – 2019 (USD Million)

5.5 Monitoring Application

       5.5.1 Global Monitoring Application Market, 2011 – 2019 (USD Million)

 

Chapter 6 Global Medical Sensors Market, by Geography

6.1 Overview

       6.1.1 Comparative Analysis of the Global Medical Sensors Market, by Geography, 2012 & 2019 (%)

6.2 North America

       6.2.1 North America Medical Sensors Market, 2011 - 2019 (USD Million)

6.3 Europe

       6.3.1 Europe Medical Sensors Market, 2011 - 2019 (USD Million)

6.4 Asia-Pacific

       6.4.1 Asia-Pacific Medical Sensors Market, 2011 - 2019 (USD Million)

6.5 Rest of the World

       6.5.1 Rest of the World Medical Sensors Market, 2011 - 2019 (USD Million)

 

Chapter 7 Recommendations

7.1 Market Strategy for Success

       7.1.1 Product Innovation and Technological Advancement

       7.1.2 Investing in Emerging Economies

       7.1.3 Extensive Collaborations

 

Chapter 8 Competitive Landscape

8.1 Global Medical Sensors Market Share, by Key Players, 2012 (%)

 

Chapter 9 Company Profiles

9.1 Analog Devices Inc.

       9.1.1 Company Overview

       9.1.2 Financial Overview

       9.1.3 Product Portfolio

       9.1.4 Business Strategies

       9.1.5 Recent Developments

9.2 Avago Technologies Limited

       9.2.1 Company Overview

       9.2.2 Financial Overview

       9.2.3 Product Portfolio

       9.2.4 Business Strategy

       9.2.5 Recent Developments

9.3 Danaher Corporation       

       9.3.1 Company Overview

       9.3.2 Product Portfolio

       9.3.3 Financial Overview

       9.3.4 Business Strategies

9.4 Honeywell International Inc.

       9.4.1 Company Overview

       9.4.2 Financial Overview

       9.4.3 Product Portfolio

       9.4.4 Business Strategies

9.5 Measurement Specialties

       9.5.1 Company Overview

       9.5.2 Financial Overview

       9.5.3 Product Portfolio

       9.5.4 Business Strategies

9.6 Micro-Epsilon Messtechnik

       9.6.1 Company Overview

       9.6.2 Product Portfolio

       9.6.3 Business Strategies

9.7 OmniVision Technologies Inc.

       9.7.1 Company Overview

       9.7.2 Financial Overview

       9.7.3 Product Portfolio

       9.7.4 Business Strategies

9.8 Sensirion AG

       9.8.1 Company Overview

       9.8.2 Product Portfolio

       9.8.3 Business Strategies

9.9 Stellar Technology Inc.

       9.9.1 Company Overview

       9.9.2 Product Portfolio

       9.9.3 Business Strategy

9.10 Freescale Semiconductor Inc.

       9.10.1 Company Overview

       9.10.2 Financial Overview

       9.10.3 Product Portfolio

       9.10.4 Business Strategies

       9.10.5 Recent Developments

9.11 GE Measurement & Control

       9.11.1 Company Overview

       9.11.2 Financial Overview

       9.11.3 Product Portfolio

       9.11.4 Business Strategy

       9.11.5 Recent Developments

List of Figures 

 

FIG. 1 Market Segmentation for the Medical Sensors Market

FIG. 2 Global Medical Sensors Market, by Products and Applications, 2012 (USD Million)

FIG. 3 Global Population, by Age-Group, 2000 & 2050 (%)

FIG. 4 Porter’s Five Forces Analysis for the Global Medical Sensors Market

FIG. 5 Market Attractiveness Analysis of the Global Medical Sensors Market, by Geography

FIG. 6 Global Medical Sensors Market, 2011 – 2019 (USD Million)

FIG. 7 Comparative Analysis of the Global Medical Sensors Market, by Products, 2012 & 2019 (%)

FIG. 8 Global Pressure Sensors Market, 2011 – 2019 (USD Million)

FIG. 9 Global Temperature Sensors Market, 2011 – 2019 (USD Million)

FIG. 10 Global Image Sensors Market, 2011 – 2019 (USD Million)

FIG. 11 Global Accelerometers Market, 2011 – 2019 (USD Million)

FIG. 12 Global Biosensors Market, 2011 – 2019 (USD Million)

FIG. 13 Global Flow Sensors Market, 2011 – 2019 (USD Million)

FIG. 14 Global SQUIDs Market, 2011 – 2019 (USD Million)

FIG. 15 Global Market for Other Sensors, 2011 – 2019 (USD Million)

FIG. 16 Comparative Analysis: Global Medical Sensors Market, by Applications, 2012 & 2019 (%)

FIG. 17 Global Surgical Application Market, 2011 – 2019 (USD Million)

FIG. 18 Global Diagnostic Application Market, 2011 – 2019 (USD Million)

FIG. 19 Global Therapeutic Application Market, 2011 – 2019 (USD Million)

FIG. 20 Global Monitoring Application Market, 2011 – 2019 (USD Million)

FIG. 21 Comparative Analysis of the Global Medical Sensors Market, by Geography, 2012 & 2019 (%)

FIG. 22 North America Medical Sensors Market, 2011 - 2019 (USD Million)

FIG. 23 Europe Medical Sensors Market, 2011 - 2019 (USD Million)

FIG. 24 Asia-Pacific Medical Sensors Market, 2011 - 2019 (USD Million)

FIG. 25 Rest of the World Medical Sensors Market, 2011 - 2019 (USD Million)

FIG. 26 Heat Map Analysis for Key Market Players of Global Medical Sensors Market

FIG. 27 Analog Devices Inc.: Annual revenue, USD million, 2010 – 2012

FIG. 28 Avago Technologies Limited.: Annual revenue, 2010 – 2012 (USD Million)

FIG. 29 Danaher Corporation: Annual revenue, USD million, 2010 – 2012

FIG. 30 Honeywell International Inc.: Annual Revenue, 2010 - 2012 (USD Million)

FIG. 31 Measurement Specialties: Annual revenue, 2010 - 2012 (USD Million)

FIG. 32 OmniVision Technologies Inc.: Annual revenue, 2011 - 2013 (USD Million)

FIG. 33 Freescale Semiconductor Inc.: Annual revenue, 2010 - 2012 (USD Million)

FIG. 34 GE Oil &Gas Company: Annual revenue, 2010 – 2012 (USD Million)

List of Tables

 

TABLE 1 Market Snapshot: Global Medical Sensors Market

TABLE 2 Impact Analysis of the Market Drivers for the Global Medical Sensors Market

TABLE 3 Impact Analysis of the Market Restraints for the Global Medical Sensors Market

TABLE 4 Global Medical Sensors Market, by Applications, 2011 - 2019 (USD Million)

TABLE 5 Global Medical Sensors Market, by Geography, 2011 - 2019 (USD Million)

The global medical sensors market on the basis of product typesis segmented into eight major categories namely biosensor, temperature, pressure, image, flow, SQUID, accelerometer and others.

 

Biosensors held majority of the market share in 2012 on account of following factors:

  • Increasing global demand for monitoring and diagnostic devices such as cardiac pacemakers, blood glucose level and other implantable medical devices
  • According to American Diabetes Association, the total prevalence rate of diabetes in the U.S. was 8.3% in 2010. High prevalence rate globally, drives the demand for biosensor in diabetes care
  • Increasing applications in drug development and delivery, research and detection of biological agents with development of new technologies

The global market for SQUID sensors is expected to be the fastest growing product segment due to increasing applications in the medical imaging and diagnostic devices such as the MCG, MEG, MRI and magnetogastrography.

 

On basis of applications the global medical sensors market is segmented into four categories namely surgical, diagnostic, therapeutic and monitoring application. The surgical application market held the major market share in 2012 and is expected to maintain its position in the market till 2019. This is due to rising applications of sensors in surgical equipment to enable smooth and efficient surgeries with minimal discomfort to the patients.However, the monitoring application market is expected to grow at a highest CAGR on account of the rising need and demand for continuous monitoring of health in the emerging economies.

 

Geographically this market is segmented into four regions namely North America, Europe, Asia-Pacific and rest of the world (RoW). The North American medical sensors market held the majority of global market share in 2012 because of the presence of sophisticated healthcare infrastructure that compliments the new sensing technologies well and the adequate penetration of sensors in the market.However, the Asia-Pacific region is expected to grow at a faster CAGR due to the presence of high unmet healthcare needs in emerging economies such as China, India and the South-East Asia region.

 

global-medical-sensors-market-by-product-types-2011-2019


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