Disposable Medical Device Sensors Market Size Worth USD 12.29 Billion in 2030

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Disposable Medical Device Sensors Market Size
Worth USD 12.29 Billion in 2030
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Market Size USD 6.54 Billion in 2021, Market
Growth at a CAGR of 7.2, Market Trends
Increasing technological advancement in medical
sensors
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Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
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Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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Industries We Cater to
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Market Summary
The global disposable medical device sensors
market size was USD 6.54 Billion in 2021 and is
expected to register a rapid revenue CAGR of 7.2
during the forecast period, according to latest
analysis by Emergen Research. Increasing
prevalence of chronic disorders is a key factor
driving market revenue growth. According to
Centers for Disease Control and Prevention (CDC),
prevalence of diabetes in the U.S. was 41.9.
Majority of individuals in the U.S. do not eat
a healthy diet and consume excessive levels of
salt, saturated fat, and sugar, which increases
their risk of acquiring chronic diseases.
Carbohydrates from foods of lower nutritional
value, such as refined grains and cereals, added
sugars, and potatoes, account for 42 of calories
consumed in the U.S. Only 9 of calories come
from higher-nutritional-value carbs such as whole
grains, fruits, legumes, and non-starchy
vegetables. In addition, rising incidence of
hospital-acquired infection is another key factor
driving market revenue growth. According to World
Health Organization (WHO), seven patients in
high-income countries and 15 patients in low- and
middle-income countries will get at least one
Healthcare-Associated Infection (HAI) during
their hospital stay for every 100 patients in
acute-care hospitals. On an average, one out of
every ten afflicted individuals would die as a
result of HAI. Patients and babies in Intensive
Care Units (ICU) are especially vulnerable.
Healthcare-associated infections and antibiotic
resistance have a huge impact on people's lives.
Every year, over 24 of patients with
health-care-associated sepsis and 52.3 of those
treated in an intensive care unit die. .
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Market Summary
The biosensors segment accounted for a
significant revenue share in 2021. Biosensors can
detect the smallest physiological changes in
human body through accurate process monitoring
and high sensitivity, which may be utilized to
improve quality of life. Recent improvements in
biological approaches incorporating fluorescent
tags on nanomaterials have raised sensitivity
limit of biosensors. Metal nanoparticles,
nanowires, and graphene have been combined with
affinity biosensors, making them an excellent
tool for COVID-19 detection while also improving
analytical performance. For example, GRIP
Molecular Technologies, is developing
graphene-based electronic biosensor technology
that will allow for simultaneous, quick, and
accurate detection of infectious illnesses such
as COVID-19. The strip sensors segment accounted
for a significant revenue share in 2021. Strip
sensors are commonly used in blood glucose
monitoring, disease diagnostics, and magnetic
nanoparticle detection. In addition, strip
sensors are widely utilized because they are
affordable and simple to use. Another advantage
of employing strip sensors is that the findings
are acquired more rapid. Furthermore, the
industry is being fueled by demand for
self-diagnosis and home-based medical
equipment. The North America market accounted for
largest revenue share in 2021 owing to increasing
prevalence of chronic disorders in this region.
In addition, presence of key players is also
driving revenue growth of the market. For
instance, in May 2020, BioIntelliSense, Inc., a
continuous health monitoring and clinical
intelligence firm, announced the release of
BioButton device, which expands its medical-grade
biosensor product line and Data-as-a-Service
(DaaS) platform. Some major companies in the
global market report include Medtronic plc,
Honeywell International Inc., Koninklijke Philips
N.V., General Electric Company, Sensirion AG,
Gentag, Inc., Starboard Medical, Inc., Nuova
GmbH, TE Connectivity, and NXP Semiconductors. . R
equest Free Sample Copy_at_ https//www.emergenresear
ch.com/request-sample/1539
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Market Summary
Emergen Research has segmented the global
disposable medical device sensors market based on
product, type, application, and region Product
Outlook (Revenue, USD Billion 2019-2030) Biosenso
rs Pressure Sensors Accelerometers Temperature
Sensors Image Sensors Others Type Outlook
(Revenue, USD Billion 2019-2030) Strip
Sensors Wearable Sensors Invasive
Sensors Ingestible Sensors Implantable
Sensors Application Outlook (Revenue, USD
Billion 2019-2030) Diagnostics Patient
Monitoring Therapeutics Read More_at_
https//www.emergenresearch.com/industry-report/di
sposable-medical-device-sensors-market
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Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2027
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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About Us
At Emergen Research, we believe in advancing with
technology. We are a growing market research and
strategy consulting company with an exhaustive
knowledge base of cutting-edge and potentially
market-disrupting technologies that are predicted
to become more prevalent in the coming
decade. Our expertise umbrellas the
technological environment of all major
industries, and our services help you map your
actions to ensure optimal yield. Our analysts
utilize their market proficiency to offer
actionable insights that help our clients
implement profitable strategies and optimize
their return on investment. Our services are
wide-ranging, right from technological
environment analysis to technological profiling
that highlights the existing opportunities in the
market you can capitalize on to stay ahead of
your competitors.
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