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Disposable Medical Sensors Market By Sensor Type (Biosensors, Pressure Sensors, Accelerometer Sensors, Temperature Sensors, Image Sensors, Flow Sensors), By Technology (Strip Sensors, Wearable Sensors, Implantable Sensors, Ingestible Sensors), By Application (Diagnostic, Therapeutic, Patient Monitoring) – Growth, Future Prospects & Competitive Analysis, 2018 – 2026

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Disposable medical sensors market expected to show lucrative growth during the forecast period

The global disposable medical sensors market accounted for US$ 4,461.8 Mn in 2017 and is estimated to attain US$ 8,118.7 Mn by 2026, with a CAGR of 6.81% during the period from 2018 to 2026. Biosensors contribute a larger market share, while image sensors foresaw to grow with a higher CAGR. Biosensors are primarily utilized in diagnostic applications such as glucose testing, HIV testing, pregnancy test devices, etc. The patient monitoring application is gaining larger market attraction, marked with the highest growth rate. Smart connectivity options provide remote monitoring features bridging patients, physicians, and healthcare providers together, thus, contributing to the highest CAGR of wearable sensors.

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Pricing of reusable medical sensors being on the higher end, starting from $100 and above, has led to soaring demand for low-cost disposable medical sensors. Hygiene risks associated with reusable medical sensors are minimized in the case of disposable medical sensors, thus propelling market growth. The introduction of Micro-Electro-Mechanical-Systems (MEMS) and Complementary Metal-Oxide-Semiconductor (CMOS) image sensors that are easy to integrate into devices, resistant to vibration, shock, and radiation, and cost-effective propel the market forward. North America encompassed the highest market share for disposable medical sensors in 2017, while Asia Pacific showed expedited growth during the period from 2018 to 2026. The rising prevalence of lifestyle diseases such as diabetes and obesity, among others, increases demand for disposable medical sensors, ensuring profitable market growth. However, stringent regulatory policies and a lack of reimbursements could have a negative impact on market growth.

Market Synopsis

Image sensors to exhibit a double-digit CAGR during the forecast period

Image sensors show promising growth, attaining the highest CAGR during the forecast period from 2018 to 2026. Technological advancements such as OmniVision Technologies, Inc.’s CMOS technology have led to increased use of disposable endoscopes and laparoscopes. The biosensors segment grabbed supremacy in 2017 and is expected to continue holding the largest market share in 2026 as well. Increased diagnostic products for infectious diseases, the emergence of patient monitoring devices such as continuous glucose monitors (CGM), and the increased adoption of personalized medicines have all aided the growth of biosensors. Biosensors find their application in HIV testing and pregnancy testing kits as well. Continuous monitoring of vital signs and the recent trend of point-of-care testing increase demand for biosensors. Other products contributing to the overall market growth are pressure sensors, image sensors, flow sensors, temperature sensors, and accelerometer sensors.

Strip sensors contribute the most to the overall growth of the disposable medical sensor market.

Strip sensors dominated the disposable medical sensors market in 2017 and will continue to do so throughout the forecast period from 2018 to 2026. These sensors find varied applications, ranging from infectious disease testing to glucose monitoring. The rise in diabetes is a global concern, which paves the way for the increased utilization of Accu-Chek, a blood glucose monitor owned by Roche Holding AG. Wearable sensors, followed by ingestible sensors, exhibit the highest growth rates during the period from 2018 to 2026. Wearable sensors have gained wide importance in diagnostic as well as patient monitoring applications. For instance, wearable biosensors by Phillips Healthcare and VitalConnect, Inc. aid in monitoring patients’ heart rates, detecting patient motion, and monitoring skin temperature. The advent of capsule endoscopes and smart pills has fueled the growth of ingestible sensors. Advancements in image sensor technology have made the diagnosis of the gastrointestinal tract more efficient, thus supporting the growth of ingestible sensors.

Patient monitoring is the fastest-growing segment during the forecast period.

Disposable medical sensors are utilized in diagnostic, therapeutic, and patient monitoring devices. Patient monitoring shows expedited growth, which is attributed to the latest advancements, such as Smart Connectivity Technology. For instance, smart glucose monitoring devices that help physicians monitor glucose levels remotely are gaining high market demand, and an increase in awareness related to such devices across geographies has led to the overall growth of the disposable medical sensor market. The diagnostic segment held the largest market share in 2017, and it is expected to maintain its dominance from 2018 to 2026. The emergence of disposable diagnostic devices such as disposable endoscopy, spirometry, and glucose testing and newer advancements such as capsule endoscopy and smart pills has contributed to the overall growth of the diagnostic segment.

Technological advancements in Asia-Pacific account for its fastest growth rate.

Among all the geographies studied, North America maintains dominance with the largest market share, followed by Europe and Asia Pacific. Asia Pacific is anticipated to grow at a higher CAGR, followed by Latin America, the Middle East, and Africa during the forecast period from 2018 to 2026. Diabetes has increased the adoption of medical sensors for monitoring purposes in developing economies, contributing to the overall growth of these economies. A large number of medical sensor manufacturers ensures the continuous availability of newer and more advanced technologies, thus contributing to the growth of North America. Improved healthcare infrastructure and the presence of local manufacturers ease the availability of medical sensor devices, further catalyzing the market’s growth in North America.

Partnerships and acquisitions model the competitive scenario of the disposable medical sensor market.

The disposable medical sensors market comprises an extensive competitive pool spread across geographies with the presence of market leaders such as G.E. Healthcare Ltd., Medtronic Plc., and Phillips Healthcare. Partnerships and acquisitions further make this market competitive, reducing opportunities for new, emerging players. On June 30, 2017, Roche announced its agreement on the acquisition of mySugr, involving mySugr’s diabetes monitoring system to integrate with Roche’s Accu-Chek device. However, funding from established and dominant organizations creates opportunities for emerging firms. For instance, VitalCOnnect, Inc., a provider of disposable wireless biosensors, raised around $38 million in Series C funding, which was led by MVM Life Science Partners and Baxter Ventures. This funding would enable it to launch its VitalPatch wearable biosensors in various outpatient settings and hospitals.

Periods of History and Forecast

2016 : Historic year.

2017: Base Year

2018–2026: Forecast Period

This study report includes an analysis for each segment from 2016 to 2026, with 2017 as the base year. The compound annual growth rate (CAGR) for each of the respective segments is estimated for the forecast period from 2018 to 2026.

Report Scope by Segments

The disposable medical sensors market report comprehends the current market trends and dynamics along with a quantitative analysis of the global market. Additionally, an estimated analysis of market dynamics during the forecast period from 2018 to 2026 has been incorporated. The report provides detailed information on the global disposable medical sensors market by segmenting it based on sensor type, technology, application, and geography. The prime objective of publishing this study is to guide healthcare professionals and market stakeholders in decision-making and taking strategic initiatives in the disposable medical sensor market.

Sensor Type Segment (2016-2026; millions of dollars)

  • Biosensors
  • Pressure Sensors
  • Accelerometer Sensors
  • Temperature Sensors
  • Image Sensors
  • Flow Sensors

Technology Segment (2016-2026; millions of dollars)

  • Strip Sensors
  • Wearable Sensors
  • Implantable Sensors
  • Ingestible Sensors

Application Segment (2016-2026; millions of dollars)

  • Diagnostic
  • Therapeutic
  • Patient Monitoring

Geography Segment (2016-2026; millions of dollars)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

The research report further includes qualitative market assessment factors such as key market trends, market drivers, market restraints, and market opportunities that would aid in a better understanding of the overall disposable medical sensors market. Additionally, the report includes a graphical representation of market players based on their market initiatives and strategies, product offerings, and business strengths. Key industrial players profiled in this report include Amphenol Corporation, Analog Devices, Inc., G.E. Healthcare Ltd., Medtronic Plc., NXP Semiconductor N.V., OmniVision Technologies, Inc., Philips Healthcare Informatics, Inc., Sensirion AG, Smiths Medical, Inc., SSI Electronics, Inc., STMicroelectronics, T.E. Connectivity Ltd., and VitalConnect, Inc.

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Key questions are answered in this report.

  • What are the current market trends in the disposable medical sensor market and the most valuable opportunities for industrial players?
  • How does the regulatory framework affect market dynamics?
  • Which is the most successful sensor driving the entire market, and what is its market share?
  • Which technology would dominate the future disposable medical sensor market?
  • Where would disposable medical sensors find their major application during the forecast period from 2018 to 2026?
  • Which industry player enjoyed supremacy in 2017?
  • Which region encompassed the largest market share during 2017?
  • What are the market trends and dynamics in emerging markets such as Japan, Latin America, the Middle East, and Africa during the forecast period from 2018 to 2026?

Chapter 1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase III-Expert Panel Review
1.3.4. Assumptions

Chapter 2. Executive Summary
2.1. Overview
2.1.1. Global Disposable Medical Sensors Market Portraiture
2.2. Global Disposable Medical Sensors Market, by Sensor Type, 2017 (US$ Mn)
2.3. Global Disposable Medical Sensors Market, by Technology, 2017 (US$ Mn)
2.4. Global Disposable Medical Sensors Market, by Application, 2017 (US$ Mn)
2.5. Global Disposable Medical Sensors Market Share, by Geography, 2017 (US$ Mn)

Chapter 3. Global Disposable Medical Sensors Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Higher cost-efficiency and hygiene value in comparison to reusable medical sensors
3.2.1.2. Increased partnerships
3.2.2. Challenges
3.2.2.1. Stringent regulatory policies
3.2.3. Opportunities
3.2.3.1. Increasing awareness amongst lower and middle income countries
3.3. Attractive Investment Proposition, by Geography, 2017
3.4. Competitive Landscape, by Key Players, 2017

Chapter 4. Global Disposable Medical Sensors Market Analysis, by Sensor Type, 2016-2026 (US$ Mn)
4.1. Overview
4.2. Biosensors
4.3. Pressure Sensors
4.4. Accelerometer Sensors
4.5. Temperature Sensors
4.6. Image Sensors
4.7. Flow Sensors

Chapter 5. Global Disposable Medical Sensors Market Analysis, by Technology, 2016-2026 (US$ Mn)
5.1. Overview
5.2. Strip Sensors
5.3. Wearable Sensors
5.4. Implantable Sensors
5.5. Ingestible Sensors

Chapter 6. Global Disposable Medical Sensors Market Analysis, by Application, 2016-2026 (US$ Mn)
6.1. Overview
6.2. Diagnostic
6.3. Therapeutic
6.4. Patient Monitoring

Chapter 7. Global Disposable Medical Sensors Market Analysis, by Geography, 2016-2026 (US$ Mn)
7.1. Overview
7.2. North America Disposable Medical Sensors Market Analysis, 2016-2026 (US$ Mn)
7.2.1. North America Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)
7.2.2. North America Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)
7.2.3. North America Disposable Medical Sensors Market, by Application, 2016-2026 (US$ Mn)
7.2.4. North America Disposable Medical Sensors Market, by Country, 2016-2026 (US$ Mn)
7.2.4.1. U.S.
7.2.4.2. Canada
7.3. Europe Disposable Medical Sensors Market Analysis, 2016-2026 (US$ Mn)
7.3.1. Europe Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)
7.3.2. Europe Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)
7.3.3. Europe Disposable Medical Sensors Market, by Application, 2016-2026 (US$ Mn)
7.3.4. Europe Disposable Medical Sensors Market, by Country, 2016-2026 (US$ Mn)
7.3.4.1. U.K.
7.3.4.2. Germany
7.3.4.3. Rest of Europe
7.4. Asia Pacific Disposable Medical Sensors Market Analysis, 2016-2026 (US$ Mn)
7.4.1. Asia Pacific Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)
7.4.2. Asia Pacific Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)
7.4.3. Asia Pacific Disposable Medical Sensors Market, by Application, 2016-2026 (US$ Mn)
7.4.4. Asia Pacific Disposable Medical Sensors Market, by Country, 2016-2026 (US$ Mn)
7.4.4.1. Japan
7.4.4.2. China
7.4.4.3. Rest of APAC
7.5. Latin America Disposable Medical Sensors Market Analysis, 2016-2026 (US$ Mn)
7.5.1. Latin America Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)
7.5.2. Latin America Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)
7.5.3. Latin America Disposable Medical Sensors Market, by Application, 2016-2026 (US$ Mn)
7.5.4. Latin America Disposable Medical Sensors Market, by Country, 2016-2026 (US$ Mn)
7.5.4.1. Mexico
7.5.4.2. Brazil
7.5.4.3. Rest of Latin America
7.6. Middle East & Africa (MEA) Disposable Medical Sensors Market Analysis, 2016-2026 (US$ Mn)
7.6.1. MEA Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)
7.6.2. MEA Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)
7.6.3. MEA Disposable Medical Sensors Market, by Application, 2016-2026 (US$ Mn)
7.6.4. MEA Disposable Medical Sensors Market, by Region, 2016-2026 (US$ Mn)
7.6.4.1. GCC
7.6.4.2. Rest of MEA

Chapter 8. Company Profiles
8.1. Amphenol Corporation
8.1.1. Business Description
8.1.2. Financial Information (Subject to data availability)
8.1.3. Product Portfolio
8.1.4. Key Developments
8.2. Analog Devices, Inc.
8.3. GE Healthcare Ltd.
8.4. Medtronic Plc.
8.5. NXP Semiconductor N.V.
8.6. OmniVision Technologies, Inc.
8.7. Philips Healthcare Informatics, Inc.
8.8. Sensirion AG
8.9. Smiths Medical, Inc.
8.10. SSI Electronics, Inc.
8.11. STMicroelectronics
8.12. TE Connectivity Ltd.
8.13. VitalConnect, Inc.

List of Figures

FIG. 1 Global Disposable Medical Sensors Market, by Sensor Type, 2017 (US$ Mn)
FIG. 2 Global Disposable Medical Sensors Market, by Technology, 2017 (US$ Mn)
FIG. 3 Global Disposable Medical Sensors Market, by Application, 2017 (US$ Mn)
FIG. 4 Global Disposable Medical Sensors Market , by Geography, 2017 (US$ Mn)
FIG. 5 Attractive Investment Proposition, by Geography, 2017
FIG. 6 Market Competition Landscape, by Key Players, 2017
FIG. 7 Global Biosensors Market In Disposable Medical Sensors, 2016-2026 (US$ Mn)
FIG. 8 Global Pressure Sensors Market In Disposable Medical Sensors, 2016-2026 (US$ Mn)
FIG. 9 Global Accelerometer Sensors Market In Disposable Medical Sensors, 2016-2026 (US$ Mn)
FIG. 10 Global Temperature Sensors Market in Disposable Medical Sensors, 2016-2026 (US$ Mn)
FIG. 11 Global Image Sensors Market in Disposable Medical Sensors, 2016-2026 (US$ Mn)
FIG. 12 Global Flow Sensors Market in Disposable Medical Sensors, 2016-2026 (US$ Mn)
FIG. 13 Global Strip Sensors Market in Disposable Medical Sensors, 2016-2026 (US$ Mn)
FIG. 14 Global Wearable Sensors Market in Disposable Medical Sensors, 2016-2026 (US$ Mn)
FIG. 15 Global Implantable Sensors Market in Disposable Medical Sensors, 2016-2026 (US$ Mn)
FIG. 16 Global Ingestible Sensors Market in Disposable Medical Sensors, 2016-2026 (US$ Mn)
FIG. 17 Global Diagnostic Market in Disposable Medical Sensors, 2016-2026 (US$ Mn)
FIG. 18 Global Therapeutic Market in Disposable Medical Sensors, 2016-2026 (US$ Mn)
FIG. 19 Global Patient Monitoring Market in Disposable Medical Sensors, 2016-2026 (US$ Mn)
FIG. 20 U.S. Disposable Medical Sensors Market, 2016-2026 (US$ Mn)
FIG. 21 Canada Disposable Medical Sensors Market, 2016-2026 (US$ Mn)
FIG. 22 U.K. Disposable Medical Sensors Market, 2016-2026 (US$ Mn)
FIG. 23 Germany Disposable Medical Sensors Market, 2016-2026 (US$ Mn)
FIG. 24 Rest of Europe Disposable Medical Sensors Market, 2016-2026 (US$ Mn)
FIG. 25 Japan Disposable Medical Sensors Market, 2016-2026 (US$ Mn)
FIG. 26 China Disposable Medical Sensors Market, 2016-2026 (US$ Mn)
FIG. 27 Rest of Asia Pacific Disposable Medical Sensors Market, 2016-2026 (US$ Mn)
FIG. 28 Mexico Disposable Medical Sensors Market 2016-2026 (US$ Mn)
FIG. 29 Brazil Disposable Medical Sensors Market 2016-2026 (US$ Mn)
FIG. 30 Rest of Latin America Disposable Medical Sensors Market 2016-2026 (US$ Mn)
FIG. 31 GCC Disposable Medical Sensors Market 2016-2026 (US$ Mn)
FIG. 32 Rest of MEA Disposable Medical Sensors Market 2016-2026 (US$ Mn)

List of Tables

TABLE 1 Global Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)
TABLE 2 Global Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)
TABLE 3 Global Disposable Medical Sensors Market, by Application, 2016-2026 (US$ Mn)
TABLE 4 Global Disposable Medical Sensors Market , by Geography, 2016-2026 (US$ Mn)
TABLE 5 North America Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)
TABLE 6 North America Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)
TABLE 7 North America Disposable Medical Sensors Market, by Application, 2016-2026 (US$ Mn)
TABLE 8 North America Disposable Medical Sensors Market, by Country, 2016-2026 (US$ Mn)
TABLE 9 Europe Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)
TABLE 10 Europe Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)
TABLE 11 Europe Disposable Medical Sensors Market, by Application, 2016-2026 (US$ Mn)
TABLE 12 Europe Disposable Medical Sensors Market, by Country, 2016-2026 (US$ Mn)
TABLE 13 Asia Pacific Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)
TABLE 14 Asia Pacific Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)
TABLE 15 Asia Pacific Rhythm Management Devices Market, by Application, 2016-2026 (US$ Mn)
TABLE 16 Asia Pacific Disposable Medical Sensors Market, by Country, 2016-2026 (US$ Mn)
TABLE 17 Latin America Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)
TABLE 18 Latin America Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)
TABLE 19 Latin America Disposable Medical Sensors Market, by Application, 2016-2026 (US$ Mn)
TABLE 20 Latin America Disposable Medical Sensors Market, by Country, 2016-2026 (US$ Mn)
TABLE 21 Middle East And Africa Disposable Medical Sensors Market, by Sensor Type, 2016-2026 (US$ Mn)
TABLE 22 Middle East And Africa Disposable Medical Sensors Market, by Technology, 2016-2026 (US$ Mn)
TABLE 23 Middle East And Africa Disposable Medical Sensors Market, by Application, 2016-2026 (US$ Mn)
TABLE 24 Middle East And Africa Disposable Medical Sensors Market, by Region, 2016-2026 (US$ Mn)
TABLE 25 Amphenol Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 26 Analog Devices, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 27 GE Healthcare Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 28 Medtronic Plc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 29 NXP Semiconductor N.V.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 30 OmniVision Technologies, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 31 Philips Healthcare Informatics, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 32 Sensirion AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 33 Smiths Medical, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 34 SSI Electronics, Inc. : Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 35 STMicroelectronics: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 36 TE Connectivity Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 37 VitalConnect, Inc. : Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

Frequently Asked Questions

What is the size of Disposable Medical Sensors Market?

The market for Disposable Medical Sensors Market is expected to reach US$ 8,118.7 Mn By 2026.

What is the Disposable Medical Sensors Market CAGR?

The Disposable Medical Sensors Market is expected to see significant CAGR growth over the coming years, at 6.81%.

What is the Forecast period considered for Disposable Medical Sensors Market?

The report is forecasted from 2018-2026.

What is the base year considered for Disposable Medical Sensors Market?

The base year of this report is 2017.

Who are the major players in this market?

Amphenol Corporation, Analog Devices, Inc., G.E. Healthcare Ltd., Medtronic Plc., NXP Semiconductor N.V., OmniVision Technologies, Inc., Philips Healthcare Informatics, Inc., Sensirion AG, Smiths Medical, Inc., SSI Electronics, Inc., STMicroelectronics, T.E. Connectivity Ltd., are some of the major players in the global market.

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