Seattle, Oct. 20, 2022 (GLOBE NEWSWIRE) -- According to Coherent Market Insights, the global medical sensors market is estimated to be valued at US$ 20,545.0 in 2022 and is expected to exhibit a CAGR of 10.1% during the forecast period (2022-2030).
Key Trends and Analysis of the Global Medical Sensors Market:
Adoption of inorganic growth strategies such as technology advancements by key market players to increase product portfolio and to strengthen their position in the market is expected to drive the market over the forecast period. For instance, in December 2021, Sony Semiconductor Solutions Corporation, a manufacturer of semiconductor and imaging sensor products, announced that they had developed the world's first 1 stacked complementary metal oxide semiconductor (CMOS) image sensor technology with 2-Layer Transistor Pixel. This new technology of image sensors widens dynamic range and elevate noise thereby improving imaging properties.
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Key Market Takeaways:
The global medical sensors market is expected to exhibit a CAGR of 10.1% during the forecast period due to the increasing inorganic growth strategies such as product launch by the key market players. For instance, in February 2020, Xiaomi Youpin, a manufacturer of healthcare electronics devices, announced that they had launched Bencom, a non-contact Infrared thermometer. Bemcom Infrared thermometer is equipped with high temperature sensor and working environment temperature compensation sensor, which can help to detect accurate temperature measurement data in various environments.
Among product type, biosensors are expected to boost the market over the forecast period. For instance, in May 2020, Koninklijke Philips N.V., a medical device company announced that they had received (510k) clearance for Biosensor BX100 from the U.S. Food and Drug Administration. This Biosensor BX100 will help to address a new approach to vital signs measurements and supports a clinical surveillance of higher acuity patients moving from intensive care units into lower acuity general care areas of a hospital.
Competitive Landscape:
Key players operating in the global surgical energy devices market include Olympus Corporation, Medtronic, Boston Scientific Corporation, Johnson & Johnson Services, Inc., CONMED, Erbe Elektromedizin GmbH., Kirwan Surgical Products, LLC, B. Braun SE, Smith & Nephew, Apyx Medical, Stryker, ELMED Incorporated, Zimmer Biomet Holdings, Inc., 3M, Integra Lifesciences Holdings Corporation, Megadyne Medical Products, Inc. Company
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Market Segmentation:
- Global Medical Sensors Market, By Product Type:
- Biosensors
- Temperature Sensors
- Image Sensors
- Accelerometers
- Pressure Sensors
- Flow (Air and Fluid) Sensors
- SQUID
- Others (Chemical, Position, Level, Force, etc.)
- Global Medical Sensors Market, By Application:
- Surgical
- Diagnostic
- Therapeutic
- Monitoring
- Global Medical Sensors Market, By End User:
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
- Global Medical Sensors Market, By Region:
- North America
- By Country
- U.S.
- Canada
- By Country
- Latin America
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Country
- Europe
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- By Country
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- By Country
- Middle East
- By Country
- GCC
- Israel
- Rest of Middle East
- By Country
- Africa
- By Region/Country
- South Africa
- Central Africa
- North Africa
- By Region/Country
- North America
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About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Mr. Shah Senior Client Partner – Business Development Coherent Market Insights Phone: US: +1-206-701-6702 UK: +44-020-8133-4027 Japan: +81-050-5539-1737 India: +91-848-285-0837 Email: sales@coherentmarketinsights.com Website: https://www.coherentmarketinsights.com
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