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| Global Medical Sensors Market |
Medical
sensors that measure the physical functions of the body
and convert it into an electrical or optical signal. These devices
play a major role in the monitoring of chronic diseases such as
cancer, cardiovascular and respiratory diseases to measure the
physical function and convert it into the electrical signal. The
market is majorly directed by the increased demand for medical
sensors in diagnostic and therapeutic segments. The medical sensor
monitor adds value to the healthcare professional to alert critical
deviations, which are recorded in vital signs. This ultimately
improves the quality of care given to the patient by avoiding
undesirable complications. Moreover, the demand for medical sensors
is raised because of its wide range of applications such as
monitoring of temperature, pressure, vibration, inclusive of various
diagnostic parameters and analysis. As increase in chronic disorders
and geriatric population globally has continuously raised the demand
for these equipment. Furthermore, chronically ill patients and
geriatric population are the target area for sensor-based devices,
for instance as per National Institute of Aging, there are around 617
million people above the age of 65 years in 2016 and it will cross
1.6 billion by 2050.
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Improved
Technology And Accuracy Fuels The Growth Of Medical Sensors Market
Medical
sensors have become a universal segment of the technologically
advanced and digital medical devices. There is a significant increase
in the development of implantable and wearable medical devices, which
facilitate the awareness about medical devices this leads to the
increased use of sensors. It is expected that rise in geriatric
population, increase in chronic diseases such as chronic obstructive
pulmonary disease (COPD), cardiovascular disease, kidney disease and
respiratory disease and rise in intensive care for critical patients
are the responsible factors supports the growth of medical sensors
market. As per Centers for Disease Control and Prevention, there are
around 15.7 million people in the U.S. diagnosed with COPD in 2014.
Furthermore, there is a wide range of benefits of the use of medical
sensors in medical devices, which increased the accuracy in disease
management through notifications alerts, and real time patient data
communication. Which expected to support the growth of medical
sensors market.
Key
Players Of The Medical Sensors Market:
There
are various players present across the globe and running into the
competition. The rise in awareness about devices and increase in per
capita income of individuals expected to create more opportunities
for industry players in global medical sensors market. Some key
players are
•
Analog Devices Inc.
•
Broadcom Limited
•
Danaher
•
LORD Corporation
•
Honeywell International Inc.
•
OmniVision Technologies Inc.
•
GE Measurement & Control
Medical
Sensors Market Taxonomy:
By
Product Type:
•
Pressure
•
Temperature
•
Image
•
Accelerometers
•
Biosensors
•
Flow
•
Superconducting Quantum
By
Application:
•
Surgical
•
Diagnostic
•
Therapeutic
•
Monitoring
By
End User:
•
Hospitals
•
Clinics
•
Ambulatory Surgical Centers
•
Others (Nursing Homes, Home Healthcare Facilities)
By
Sensors Placement Type:
•
Strip Sensors
•
Wearable Sensors
•
Ingestible Sensors
•
Implantable Sensors
•
Invasive/ Non-Invasive Sensors
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