Global Medical Sensors Market Growth 2023-2029

Global Medical Sensors Market Growth 2023-2029

Medical sensors including pressure, force, airflow, oxygen, pulse oximetry, temperature, and barcode sensing etc. Sensors embedded in medical devices can improve patient care, comfort, enhance healthcare professionals’ performance and reduce healthcare costs. Therefore they are widely used in medical devices within intensive care units, hospital wards, GP offices, lab equipment, dental practices, and in-home care products，as well as used in medical devices used to assist with the diagnosis, prevention, monitoring, and treatment of a disease or injury.

LPI (LP Information)' newest research report, the “Medical Sensors Industry Forecast” looks at past sales and reviews total world Medical Sensors sales in 2022, providing a comprehensive analysis by region and market sector of projected Medical Sensors sales for 2023 through 2029. With Medical Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Sensors industry.

This Insight Report provides a comprehensive analysis of the global Medical Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Medical Sensors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Sensors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Sensors.

The global Medical Sensors market size is projected to grow from US$ 1076.7 million in 2022 to US$ 1868.8 million in 2029; it is expected to grow at a CAGR of 1868.8 from 2023 to 2029.

Global core medical sensors players include TE Connectivity, Medtronic and Texas Instruments etc. The top 3 companies hold a share about 30%. North America is the largest market, with a share about 30%, followed by Europe and Japan with the share about 30% and 15%.

In terms of product, blood glucose sensor is the largest segment, with a share about 30%, followed by oxygen sensor, with a share about 25%. And in terms of application, the largest application is hospital, with a share about 50%, followed by clinic and household (home care products).

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Sensors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Pressure Sensor
Temperature Sensor
Humidity Sensor
Blood Glucose Sensor
Oxygen Sensor
Airflow Sensor
Others

Segmentation by application
Hospital
Clinic
Household (Home Care Products)
Laboratory
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
TE Connectivity
Medtronic
Texas Instruments
STMicroelectronics
Analog Devices
OmniVision Technologies
Honeywell
Sensirion
Amphenol
ROHM
NXP
Hamilton Medical
Tekscan
Angst+Pfister
Cubic Sensor and Instrument Co
Zhengzhou Winsen
MinebeaMitsumi
Desin International
Shenzhen Amydi-med

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medical Sensors market?

What factors are driving Medical Sensors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Medical Sensors market opportunities vary by end market size?

How does Medical Sensors break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.