The global medical sensors market size is projected to reach USD$ 28.9 billion by 2030, experiencing a CAGR of 10.02% during the forecast period 2022-2030 The medical sensor industry is anticipated to witness significant growth due to the growing geriatric population, the increase in demand for home healthcare devices such as pregnancy kits and glucose monitoring kits, technological development in the medical device industry, increase usage of IoT-based medical devices, and rising expenditure on the medical sector will propel the growth of the medical sensor market.
Medical sensors have helped human beings to survive in the COVID-19 outburst. IoT sensors, wearable sensors, temperature sensors, etc. have played a major role in remote diagnosis as well as providing treatment to patients. IoT has played an important role in monitoring patients who are virus-infected via devices ad intertwined networks. The development of smart thermometers by Kinsa, remote IoT monitoring for elderly patients’ chronic diseases, and the use of IoT robots for disinfecting devices, cleaning hospitals, and delivering medicines are some of the factors that drive the demand for the medical sensors market.
Browse 63 market data Tables and 40 Figures spread through 130 Pages and in-depth TOC on " Medical Sensors Market by Application (Diagnostics, Monitoring, Drug Delivery, Imaging, Therapeutics, and Wellness and Fitness), by Sensor Type (Pressure Sensors, Temperature Sensors, Blood Oxygen Sensors, Blood Glucose Sensors, Touch Sensors, Image Sensors, Ingestible Sensors, Motion Sensors, ECG Sensors, and Heart Rate Sensors), by Placement (Strip Sensors, Wearable Sensors, Implantable Sensors, Ingestible Sensors, and Invasive/Non-Invasive Sensors), by End-User (Hospitals, Clinics, Ambulatory Surgical Centers, Community Healthcare, and Homecare Setting), and Region - Global Forecast to 2030"
Pressure Sensors play an important role in effective performance in respiratory breathing circuits (nebulizers, spirometers), flow/ pressure controls (therapeutic hospital beds), gas collection (hospital gas supply, oxygen concentrators), and gas flow (blood test, gas chromatography, analytical instrument sampling systems). The increase in usage of pressure sensors in medical devices such as heart rate monitors, inhalers and ventilators, blood pressure monitors, patient monitoring systems, laparoscopic devices, and respiratory therapy devices are the factors that dominate the pressure sensor segment.
Global Medical Sensor Market Segmentation Analysis
Segment |
Categorization |
Leading Category |
Application |
Diagnostics, Monitoring, Drug Delivery, Imaging, Therapeutics, and Wellness and Fitness |
Monitoring (Largest) Therapeutics (High Growth) |
Sensor Type |
Pressure Sensors, Temperature Sensors, Blood Oxygen Sensors, Blood Glucose Sensors, Touch Sensors, Image Sensors, Ingestible Sensors, Motion Sensors, ECG Sensors, and Heart Rate Sensors |
Pressure Sensors (Largest) |
Placement |
Strip Sensors, Wearable Sensors, Implantable Sensors, Ingestible Sensors, and Invasive/Non-Invasive Sensors |
Non-Invasive Sensors (Largest) Implantable Sensors (Emerging Segment) |
End-User |
Hospitals, Clinics, Ambulatory Surgical Centers, Community Healthcare, and Homecare Setting |
Hospital (Largest) |
Region |
North America, Europe, Asia-Pacific, and Rest of the World |
North America (Largest)
|
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“America to account for the largest market share from 2022 to 2030”
North America will dominate the medical sensors market because of the rise in investment in the healthcare sector and flourishing end-use industries in the region. Technological development, rise in healthcare expenditure as a percentage of total GDP, and integration of health information technology (IT) are the factors that will boost the market growth of the medical sensor market during the forecast period 2022-2030
Some of the major players in the global medical sensor market include Texas Instruments Incorporated, TE Connectivity, First Sensor AG, Medtronic, NXP Semiconductors, Sensirion AG Switzerland, OmniVision Technologies, Inc., STM icroelectronics, Honeywell International Inc., and Koninklijke Philips N.V.
Scope of the Report
Report Metric |
Details |
Market Size Available for the Years in the Study |
2018–2030 |
Historical Period |
2018–2022 |
Base Year |
2022 |
Forecast Period |
2022–2030 |
Segments Covered in the Study |
Application, Sensor Type, Placement, End-User, and Region |
Geographies Covered in the Study |
North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.) |
Companies Covered in the Study |
Texas Instruments Incorporated, TE Connectivity, First Sensor AG, Medtronic, NXP Semiconductors, Sensirion AG Switzerland, OmniVision Technologies, Inc., STM icroelectronics, Honeywell International Inc., and Koninklijke Philips N.V. |
Global Medical Sensors Market Coverage
Application Insight and Forecast 2018-2030
Sensor Type Insight and Forecast 2018-2030
Placement Insight and Forecast 2018-2030
End-User Type Insight and Forecast 2018-2030
Geographical Segmentation
Medical Sensors Market by Region
North America
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)