Global Medical Sensors Market is estimated to reach a total market size of US$15.562 billion by 2021, growing at a compound annual growth rate of 9.95% over the forecast period. Rising healthcare costs and latest trend of home healthcare has become one of the major factors which are driving the demand for medical sensors. Technological advancements have led to a surge in usage of these sensors across different geographies. Healthcare professionals are also increasingly recommending these sensors for efficient patient monitoring as these sensors have become an effective way of diagnosis of cancer, respiratory disorders, and cardiovascular diseases.
The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the product specifications and a brief technological aspect of the medical sensor technology. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
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Thirdly, medical sensor market has been segmented on the basis of type, end users, placement, and applications. Under major medical sensors type Image, Pressure, Temperature, Motion, Flow and ECG sensors have been covered, while by end users medical sensor market has been segmented into hospitals, nursing homes, and physicians. Important applications of these sensors are monitoring, therapeutic, surgical and diagnosis. Market share and forecast of these applications for the next six years has also been provided.
Important regions for vendors in terms of market size are covered through detailed geographical segmentation with country level analysis. Geographical regions covered are Americas (North and South America), Europe Middle East and Africa and Asia Pacific.
Finally, competitive intelligence section deals with major players in the market, their growth strategies, products, financials, and recent investments among others. Major market players which have been profiled as part of this section are Honeywell, NXP Semiconductors, Danaher Corporation and GE.
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