The global medical sensors market is anticipated to grow at a considerable CAGR of 5% during the forecast period. The companies are expanding their offerings by developing and launching new products in the market, which is positively supporting the market growth. For instance, in March 2022, Baybot launched the ‘Motion Alert’ smart motion sensor. Motion Alert is a wireless motion sensor designed to detect movements accurately and send instant notifications on your smartphone.
- For instance, in April 2022, the company stated that it will launch a new glucose monitoring system in May 2022. DexCom ONE, a wearable sensor, and transmitter, puts people firmly in control of their diabetes. By continuously monitoring glucose levels and sending real-time values wirelessly to a compatible smart device via the DexCom ONE mobile app, the technology eliminates the need for painful fingerpicks.
- For instance, in February 2022, Peloton released a new Bluetooth heart rate monitor that's worn around the forearm and designed to be used with the company's suite of connected fitness equipment. The armband uses optical sensors to detect heart rate and features five LED lights to show the heart rate zone, Bluetooth connectivity status, and battery charge.
- For instance, in June 2021, Vivalink, a provider of connected healthcare solutions known for its medical wearable sensor data platform launched a newly enhanced temperature and cardiac electrocardiogram (ECG) monitor. The new temperature monitor now has an onboard cache that can store up to 20 hours of continuous data even in the event of network disconnections commonly found in remote and ambulatory environments.
- For instance, in April 2021, the Smartphone-based tool MFine Pulse can monitor blood oxygen using just a finger and a flash. The SpO2 tool uses a signal called the photoplethysmogram (PPG) – information, in the form of reflected light that is collected from a user’s fingertip or wrist. It uses light from camera flashes to produce an optical image using light sensors that are built into smartphone cameras.
Browse the full report of "Global Medical Sensors Market Size, Share & Trends Analysis Report by Application (Patient Monitoring, Diagnostic Monitoring, and Medical Implants & Endoscopy), by Sensor Type (Pressure Sensor, Temperature Sensor, Blood Oxygen Sensors, Blood Glucose Sensors, Touch Sensors, Image Sensors, Ingestible Sensors, Motion Sensors, ECG Sensors, and Heart Rate Sensors), and by Product Type (Non-Invasive and Invasive) Forecast Period (2022-2028)" at https://www.omrglobal.com/industry-reports/medical-sensors-market
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
Segment Covered-
- By Application
- By Sensor Type
- By Product Type
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including Abbott Laboratories Inc., DexCom Inc., GE Healthcare, Honeywell International Inc., Medtronic Plc, NXP Semiconductors N.V., Philips Healthcare, Siemens Ag, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
oDeviation from the pre-COVID-19 forecast
oMost affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Medical Sensors Market Report Segment
By Application
- Patient Monitoring
- Diagnostic Imaging
- Medical Implants and Endoscopy
By Sensor Type
- Pressure Sensors
- Temperature Sensors
- Blood Oxygen Sensors
- Blood Glucose Sensors
- Touch Sensors
- Image Sensors
- Ingestible Sensors
- Motion Sensors
- ECG Sensors
- Heart Rate Sensors
By Product Type
Global Medical Sensors Market Report Segment by Region
North America
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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