The Disposable Medical Sensors by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Disposable Medical Sensors, The
disposable medical sensors market size has grown rapidly in recent years. It
will grow from $11.86 billion in 2023 to $13.93 billion in 2024 at a compound
annual growth rate (CAGR) of 17.5%.
The growth in the historic period
can be attributed to rising incidence of chronic diseases, emphasis on patient
monitoring and safety, preventive healthcare measures, government initiatives
and healthcare policies, ncreased awareness and adoption of wearable devices.
The disposable medical sensors market size is expected to see rapid growth in
the next few years. It will grow to $26.68 billion in 2028 at a compound annual
growth rate (CAGR) of 17.6%. The growth
in the forecast period can be attributed to rapid growth in remote patient
monitoring, ntegration of iot and connectivity solutions, focus on home
healthcare, advancements in sensor materials, global health pandemic
preparedness. Major trends in the forecast period include rise of wearable and
iot-enabled sensors, advancements in sensor technologies, increased emphasis on
infection prevention, integration of artificial intelligence (ai) and big data
analytics, expanding applications in chronic disease management.
The rising concerns over hospital-acquired infections and contamination are
expected to propel the growth of the disposable medical sensors market.
Healthcare-associated infections (HAIs) are infections that affect people while
they are being treated for another ailment in a healthcare facility. The
increasing use of reusable medical equipment in hospitals, such as pulse
oximetry sensors, catheters, stethoscopes, and other reusable devices, is one
of the major causes of this increased prevalence. The use of contaminated medical
equipment, particularly among newborns and other inpatients, is another factor
contributing to the rising frequency of HAIs in hospitals. Disposable medical
sensors can help avoid these infections by reducing the possibility of
patient-to-patient cross-contamination. For instance, in 2021, according to the
Centers for Disease Control and Prevention, a US-based health agency under the
Department of Health and Human Services, hospital-acquired
methicillin-resistant staphylococcus aureus (MRSA) infections increased by 14%
from 2020 to 2021. Further, there was 7% increase in central line-associated
bloodstream infection (CLABSI) between 2020 and 2021. Therefore, rising
concerns over hospital-acquired infections and contamination drive the growth
of the disposable medical sensors market.
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The disposable medical sensors market covered in this report is segmented –
1) By Product: Biosensors, Accelerometers, Pressure Sensors, Temperature
Sensors, Image Sensors, Other Sensors
2) By Application: Diagnostic Testing, Therapeutics, Patient Monitoring,
Imaging
3) By End User: Hospitals, Homecare, Diagnostic Laboratories, Clinics
Technological advancements are a key trend gaining popularity in the disposable
medical sensors market. Major players in the market are increasingly adopting
new technologies, such as miniaturization, wireless technologies and others, to
improve patient care and outcomes. For instance, in November 2022, Omnivision,
a US-based manufacturer of semiconductor solutions, including digital imaging,
analogue, and touch & display technology, introduced the OH02B image
sensor. It is a square 2-megapixel (MP) resolution (1500x1500) CMOS image
sensor for gastrointestinal, ENT, orthopaedic, surgical, dental, and
veterinarian reusable and disposable endoscopes, catheters, and guide wires. It
also comes in a 2.5x2.5mm CameraCubeChip package (OCH2B) for disposable designs.
It is equipped with the unique Omnivision AntLinx technology, which enables the
thinnest four-meter interface link between the endoscopic camera and the camera
control unit (CCU) tower.
The disposable medical sensors market report table of contents includes:
1. Executive Summary
2.
Disposable Medical Sensors Market Characteristics
3.
Disposable Medical Sensors Market Trends And Strategies
4.
Disposable Medical Sensors Market - Macro Economic Scenario
5. Global
Disposable Medical Sensors Market Size and Growth
.
31. Global Disposable Medical Sensors Market Competitive Benchmarking
32. Global
Disposable Medical Sensors Market Competitive Dashboard
33. Key
Mergers And Acquisitions In The Disposable Medical Sensors Market
34.
Disposable Medical Sensors Market Future Outlook and Potential Analysis
35.
Appendix
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