KEY FINDINGS The Global disposable device sensor market stood at $ 5836.4 million in 2017. Over the forecast years of 2018-2026, the market is expected to be driven by factors like government backing and technological advancements, thus rising at a 10.31% CAGR and generating a net total of $14115.0 million.
MARKET INSIGHTS The global disposable device sensor market is segmented on the basis of its products, placement sensors and applications.The product segment of the market includes biosensor, accelerometer, pressure sensor, temperature sensor and image sensors.
The placement sensor segment includes wearable sensors, invasive sensors, ingestible sensors and strip sensors. The market finds its applications in patient monitoring, diagnostics and therapeutics.
REGIONAL INSIGHTS The regional segmentation of the market is done into North America, Europe, Asia-Pacific and rest of world.The North American market is expected to capture the highest revenue share by 2026, driven by heavy investments and government support.
The Asia-Pacific market is predicted to exhibit the fastest growth over the forecast period, supported by the growing healthcare sector in the region.
COMPETITIVE INSIGHTS Analog Devices, Hmicro Inc, Ge Healthcare, Honeywell, Masimo Corporation, Lifescan Inc (Acquired by Johnson & Johnson), Medtronic, OmniVision Technologies, Olympus Corporation, Philips Healthcare, Smiths Medical, Sensirion Ag, STMicroelectronics, and TE Connectivity are some of the noted market players in the global disposable device sensors market.
Companies mentioned 1. ANALOG DEVICES 2. GE HEALTHCARE 3. HMICRO INC. 4. HONEYWELL 5. LIFESCAN, INC (ACQUIRED BY JOHNSON & JOHNSON) 6. MASIMO CORPORATION 7. MEDTRONIC 8. OLYMPUS CORPORATION 9. OMNIVISION TECHNOLOGIES 10. PHILIPS HEALTHCARE 11. SENSIRION AG 12. SMITHS MEDICAL 13. STMICROELECTRONICS 14. TE CONNECTIVITY
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