Disposable Medical Sensors Market

Disposable Medical Sensors Market Trends and Outlook
2018-2026: Top Players Medtronic Plc, Koninklijke Philips
N.V., GE Healthcare
Disposable medical sensors are referred to as portable, compact, and handheld components that
are used in various medical devices for diagnostics, patient monitoring, and therapeutics. The
integration of disposable sensors into various medical devices significantly benefits in remote
patient monitoring and on-site patient observation in healthcare settings such as hospitals,
clinics, and ambulatory surgical centers. Disposable medical sensors play a vital role in
maintaining sterility of the medical devices thereby resulting in reduction of hygiene risks and
offering safe solutions to the patients. Advancements in healthcare IT has led to sensor-based
devices that enhance performance of the medical devices. In terms of remote patient
monitoring, the disposable medical device sensors play a crucial role in measurement of vital
components that include breathing rate, heart rate, pulse rate, temperature, blood oxygenation
level, and others. These sensors are used in medical devices or various medical specialties such
as radiology, cardiology, neurology, ophthalmology, urology, and others.
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Market Dynamics
Rising incidence of chronic diseases leading to increasing need for faster and efficient
diagnostics, therapeutics, and patient monitoring is expected to drive demand for disposable
medical sensors. Chronic conditions such as cardiovascular diseases, diabetes, cancer, strokes,
chronic obstructive pulmonary diseases, and obesity are among the most commonly encountered
chronic diseases in the world. According to the World Health Organization (WHO) 2017, the
global prevalence of cancer has risen from 4.7% of the total world population in 1980 to 8.5%
in 2014, which accounted for nearly 422 million patients suffering from the disease in 2014.
Moreover, WHO also states that the Global Burden Disease Study reports a prevalence of 251
million patients suffering with chronic obstructive pulmonary diseases (COPD) in 2016. Patient
monitoring and diagnostic devices used for treatment of these patients incorporating disposable
medical sensors is thus, expected to augment the market growth. Moreover, advancements in
micro-technologies such as microfluidic chips, medical MEMS, and lab-on-a-chip technologies
are expected to support the market growth during the forecast period. For instance, according
to a research article published in MEMS Journal 2018, disposable and non-disposable medical
sensors are advantageous in miniaturizing components and systems of MEMS and also helps in
reduction of cost of the systems. However, unfavorable reimbursement policies for medical
devices integrated with disposable sensors are expected to hinder the market growth.
Report includes chapters which deeply display the following deliverable about industry :
• Disposable Medical Sensors Market Research Objective and Assumption
• Disposable Medical Sensors Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Disposable Medical Sensors Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Disposable Medical Sensors Market , By Regions
• Disposable Medical Sensors Market Competition by Manufacturers including Production,
Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Disposable Medical Sensors Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Disposable Medical Sensors Market Manufacturing Cost Analysis including Key Raw Materials
and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Disposable Medical Sensors Market Forecast including Production, Consumption, Import and
Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Regional Insights
On the basis of region, the global disposable medical sensors market is segmented into North
America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds a
dominant position in the global disposable medical sensors market and is expected to retain its
dominance over the forecast period. This is owing to development of technologically advanced
integrated medical devices and solutions as well as new entrants in the region involved in
product innovations. For instance, True Wearables, Inc., a medical device start-up based in
California, introduced Oxxiom, world’s first wireless, continuous and fully disposable single
pulse oximeter in January 2016 that measures arterial oxygen saturation, perfusion index and
pulse rates. Moreover, rising prevalence of patients suffering with chronic diseases such as
Type-1 diabetes that demand continuous monitoring of blood glucose levels are expected to
propel growth of the region in the global market. According to the American Diabetes
Association 2015, around 1.25 million children and adults in the U.S. suffered from diabetes.
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Competitive Insights
Key players operating in the global disposable medical sensors market include Medtronic Plc,
Koninklijke Philips N.V., GE Healthcare, FreeScale Semiconductors, Omnivision Technologies,
Inc., Smiths Medical, Analog Devices, Inc., Honeywell International, Inc., and others. Market
players are focused towards providing technologically advanced products to sustain their
presence in the market. For instance, in October 2014, Sensirion AG introduced a disposable
liquid flow sensor solution for medical devices that provides compact and cost-effective solution
for safer and reliable automatic drug delivery at hospitals and home based settings.
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Disposable medical sensors are referred to as portable, compact, and handheld components that are used in various medical devices for diagnostics, patient monitoring, and therapeutics.

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