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By 2026, the market value of disposable medical device sensors will reach US$9.4 billion

Chicago, June 10, 2021/PRNewswire/–According to the new market research report “The disposable medical device sensor market is classified by product (biosensor, image sensor, accelerometer), type (strip sensor, intrusive sensor) , Wearable sensors), applications (diagnostic testing, treatment, patient monitoring, imaging)-global forecasts to 2026″, released by MarketsandMarkets!", it is estimated that the disposable medical device sensor market will rise from $6.5 billion in 2021 by 2026 Increased to US$9.4 billion, with a compound annual growth rate of 7.7% during the forecast period.
The market growth is mainly due to increasing concerns about hospital-acquired infections and pollution, the increasing incidence of target diseases, the increasing demand for home medical equipment, the major technological advances in the past few years, and the government’s support for research and development activities. equipment.
The biosensor sector will account for a larger share of the global disposable medical device sensor market in 2020.
According to the product, the medical device sensor market is divided into biosensors, accelerometers, temperature sensors, image sensors and other sensors. The biosensor sector will account for the largest proportion in 2020. The larger share of this sector can be attributed to the extensive use of these sensors in glucose test strips, infectious disease test strips, pregnancy test strips, drug and alcohol test strips, and continuous blood glucose monitoring.
According to the type, disposable medical device sensors are divided into strip sensors, wearable sensors, invasive sensors and ingestible sensors. In 2020, the strip sensor will have the largest share of the market. A large share of this part can be attributed to the widespread use of glucose test strips and infectious disease test strips, as well as the increasing prevalence of diabetes and other infectious diseases around the world. Because these sensors have many advantages, such as cost-effectiveness, ease of use, non-infectiousness and For faster results, the widespread adoption of these sensors in diagnostic applications also supports market growth.
Based on application, the disposable medical device sensor market is divided into patient monitoring, diagnostic testing, treatment, and imaging. In 2020, the field of diagnostic testing will account for the largest share. The larger share of this application field is mainly due to the rising incidence of lifestyle diseases worldwide. The widespread use of glucose test strips, infectious disease test strips and pregnancy test strips in homes and clinics is another factor driving market growth.
The medical device sensor market is divided into five regions, namely North America, Europe, Asia Pacific and the rest of the world. North America dominates the global market. The majority of North America¡¯s share is mainly attributable to the increasing incidence of HAI and chronic diseases in the region. In addition, due to the presence of major players in North America, the availability of technologically advanced sensor-based disposable medical devices also supports market growth.
The main players in the disposable medical device sensor market are Abbott (United States), F. Hoffmann-La Roche Ltd. (Switzerland), Medtronic (Ireland), Texas Instrument (United States), Platinum Equity Advisors LLC (United States), NXP Semiconductors ( Netherlands), General Electric Company (USA), TE Connectivity (Switzerland), STMicroelectronics (Switzerland), Honeywell International (USA), Analog Devices (USA), Smiths Group Plc (UK) and Koninklijke Philips NV (Netherlands)
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Post time: Jun-16-2021

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