Market Overview

$17.14 Bn Medical Sensors Market - Forecasts from 2018 to 2023 -


The "Medical
Sensors Market - Forecasts from 2018 to 2023"
report has been
added to's offering.

Medical sensors market is estimated to reach a total market size of
US$17.148 billion by 2023 from US$9.396 billion in 2017, growing at a
compound annual growth rate of 10.55% over the forecast period.

Rising healthcare costs and latest trend of home healthcare are the
major factors driving the demand for medical sensors. Advancement in
technology has led to a surge in usage of these sensors across different
geographies. Healthcare professionals are also increasingly recommending
these sensors for efficient patient monitoring as these have become an
effective way of diagnosis of cancer, respiratory disorders, and
cardiovascular diseases, and thereby providing a significant boost to
the medical sensors market growth. Asia Pacific region is expected to
grow at an impressive rate over the forecast period owing to increasing
incidences of respiratory diseases and aging population.

This research study examines the current market trends related to the
demand, supply, and sales, in addition to the recent developments. Major
drivers, restraints, and opportunities have been covered to provide an
exhaustive picture of the market.

Major market players which have been profiled as part of this report are
Honeywell, NXP Semiconductors, and GE. Other players include MiTAC
Europe Ltd., Analog Devices, TE Connectivity, Smiths Medical, and


By Type

  • Image Sensors
  • Pressure Sensors
  • Temperature Sensors
  • Motion Sensors
  • Flow Sensors
  • ECG Sensors
  • Others

By Application

  • Monitoring
  • Therapeutic
  • Surgical
  • Diagnostics

By End User

  • Hospitals
  • Nursing Homes
  • Physicians
  • Others

By Placement

  • Wearable
  • Invasive and Non- Invasive
  • Implantable

Companies Mentioned

  • Honeywell
  • NXP Semiconductors
  • MiTAC Europe Ltd.
  • GE
  • Analog Devices
  • TE Connectivity
  • Smiths Medical
  • STMicroelectronics

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