Disposable Medical Sensors Market, By Sensor Type (Biosensors, Pressure Sensors, Accelerometer Sensors, Temperature Sensors, Image Sensors and Other), By Placement Type (Strip Sensors, Wearable Sensors, Implantable Sensors, Invasive Sensors, and Ingestible Sensors), By Application (Diagnostics, Therapeutics, and Patient Monitoring) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034.

Report Code: PMI3018 | Publish Date: April 2024 | No. of Pages: 180

Global Disposable Medical Sensors Market Overview

Introduction:

Disposable Medical Sensors Market was valued at US$ 12.8 billion in 2024 and is projected to grow at a CAGR of 18.7 % to reach US$ 60.8 billion by 2034.
 
A sensor is a device that monitors and evaluates several physiological factors using an electronic device in a comprehensible manner. These parameters include blood glucose levels, body temperatures, heart rates, and oxygen saturation, etc. Medical sensors can be worn, implanted, invasive, or in the form of strips which are widely employed in diagnostic procedures. Disposable Medical Sensors are simple, inexpensive, disposable and perfect for rapid or one-time diagnostics. They convert environmental variations like, physical, chemical, or biological into an analytical signal.

The demand for disposable sensors has shown rapid growth internationally due to the growing need for Point-of-care testing, and outside of central laboratories (for instance, in resource-constrained settings, where accessibility, usability of resources and cost are the most important factors). Anyone, anywhere, at any time, can collect vital analytical data using this class of low-cost sensors without having to worry about contamination or recalibration.  This is especially relevant for food industries, environmental monitoring, and medical diagnostics.

Numerous disposable sensing devices have already become part of our everyday routines, such as wearable blood glucose meters, at-home pregnancy tests, and pulse-oximeters. Being of disposable nature, medical sensors give an added advantage of cleanliness, hygiene and reduced chances of cross contamination. The continuous technological advancements in medical sensors, the increasing demand for medical sensors in-home medical care, and the increasing prevalence of chronic diseases are anticipated to be the driving forces for Disposable Medical Sensors Market over the forecast period.

 

Introduction - Disposable Medical Sensors Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Disposable Medical Sensors Market Dynamics

Disposable Medical Sensors Market Key Drivers:

  • Increasing cases of chronic disorders

Increasing obese and diabetic population is continuously rising due to lifestyle changes, processed diet, alcohol consumption, no physical activity etc., contributing majorly to the rising patient pool. Worldwide disease risk has increased due to environmental shifts brought on by adverse weather conditions, pollution, and temperature fluctuations. The prevalence of chronic illnesses is also being driven by the aging population. This increase in incidence of chronic disorders will impact in the surge in demand of disposable medical biosensors.

Also, rise in COVID-19 cases skyrocketed the market, as the increasing sales of COVID-19 test kit sales were seen. Therefore, chronic illnesses play a vital role in the medical sensors market’s growth.

  • Technological advancement

Technological advancement in medical sensor has become major factor in Disposable Medical Sensors Market growth. Variety of biosensors used for diagnostics, monitoring, and implantable biosensors has driven the market growth.

Disposable Medical Sensors Market Restrains:

  • Concerns related to waste generated

The Disposable Medical Sensors as the word suggest by nature, along with being affordable, single-use medical devices, create a lot of waste. And due to that, the waste is generated in large numbers. These waste products like strips, swabs etc., induce a negative impact on the environment. Due to untimely governing of the waste and management of waste and poor implementation of waste management, market’s growth will be affected highly.

Global Disposable Medical Sensors Market Segmentation

Disposable Medical Sensors Market is segmented based on Product, Placement Type, Applications and Region.

Product Insight

On the basis of Product, Disposable Medical Sensors Market is segmented into Biosensors, Pressure Sensors, Accelerometer Sensors, Temperature Sensors, Image Sensors and other sensors. The sector dominating the market is of the biosensors as the demand for point-of-care testing and the rapid diagnosis of infectious diseases is continuously growing.

Also, market for image sensors is expected to grow at the highest CAGR in the coming years due to their technological advancements and the need for better resolution of results.

Placement Type Insights

On the basis of Type, Disposable Medical Sensors Market is segmented into Wearable Sensor, Strip Sensor, Implantable Sensor, Invasive Sensor, and Ingestible Sensor. Strip sensor has dominated the market due to the rising demands of strip based products in different diagnostics applications like glucose monitoring and testing of various different diseases.

Also, ingestible sensors are set to expand at the highest CAGR in the upcoming years due the rise in the demand of invasive diagnostic testing’s, and increase in chronic illnesses.

Application Insights

On the basis of Application, Disposable Medical Sensors Market is segmented into Diagnostic Testing, Therapeutics, and Patient Monitoring. Diagnostic testing has dominated the target market growth due to the increased usage of diagnostic devices like endoscopy, surgical tools, medical imaging devices, and spirometry. The technological advances in the biosensors like rapid results at low cost is the major reason for diagnostics to dominate.

Patient monitoring is expected to grow at the highest CAGR in the upcoming years, as many patient monitoring devices like blood pressure monitors, oximeter, Glucometer, etc., are entering in demand due increasing prevalence of diseases.

Regional Insights:

Regional Insights - Disposable Medical Sensor Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Disposable Medical Sensors Market Regional Insights:

On region the Disposable Medical Sensors Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America market is estimated to witness a significantly high revenue share over the forecast period, owing to, considerate expenditure on healthcare, exclusive market players, a stable healthcare infrastructure, and the rapid adoption of emerging technologies, rapid growth in patient monitoring devices.

Asia Pacific market is estimated to witness fastest revenue share due to growing demand for Disposable Medical Sensors for diabetes and cardiac disorders and established global market for biosensors.

Report Scope:

Attribute

Details

Base year for estimation

2024

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product - Biosensor, Image sensor, Accelerometer, Pressure Sensors, Temperature Sensors, Image Sensors, Other Sensors

By Placement Type - Strip Sensors, Invasive Sensors, Implantable sensors, Wearable Sensors, Ingestible sensors

By Application - Diagnostic Testing, Therapeutics, Patient Monitoring.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Disposable Medical Sensors Market report based on Product, Placement Type, Application and Region.

Disposable Medical Sensors Market, By Product:

  • Biosensor
  • Image sensor
  • Accelerometer
  • Pressure Sensors
  • Temperature Sensors
  • Image Sensors
  • Other Sensors

Disposable Medical Sensors Market, By Placement Type:

  • Strip Sensors
  • Invasive Sensors
  • Implantable Sensors
  • Wearable Sensors
  • Ingestible sensors

Disposable Medical Sensors Market, By Application:

  • Diagnostic Testing
  • Therapeutics
  • Patient Monitoring

Disposable Medical Sensors Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Disposable Medical Sensors Market Key Players

Key players operating in the disposable medical device sensors market include Medtronic Plc, Koninklijke Philips N.V., GE Healthcare, FreeScale Semiconductors, OmniVision Technologies, Inc., Smiths Medical, Analog Devices, Inc., and Honeywell International, Inc.

Global Disposable Medical Sensors Market Company Profile

  • Medtronic Plc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Koninklijke Philips N.V.
  • GE Healthcare
  • reeScale Semiconductors
  • OmniVision Technologies, Inc.
  • Smiths Medical
  • Analog Devices, Inc.
  • Honeywell International, Inc.

“*” marked represents similar segmentation in other categories in the respective section

Recent Development:

  • In November 2020, A Swedish start-up company called Prismatic Sensors AB, which specializes in photon counting detectors, was purchased by GE Healthcare. GE expanded its presence in the biomedical sensor industry by investing in photon counting computed tomography (PCCT).
  • In February 2022, EnSilica launched the ENS62020 which is an ultra-low-power healthcare sensor interface IC, that helped the users monitor vital functions in wearable healthcare devices, fitness trackers and oximeters. Utilizing an adaptable IC architecture, the ENS62020 substantially speeds up time to market, allows customization while offering a product-optimized ASIC.
  • In April 2022, Variohm EuroSensor developed a new NTC thermistor to sense minute temperature changes in the body and to assess the temperature changes in the surrounding medical area.
  • In August 2022, SkyWater Technology and NanoDx launched the first Nano biosensor with a protein response which was made commercial in the market. The launching of this product has projected to boost the market growth in the upcoming years.
  • In October 2022, A study on ZnO-based nanowires manufactured into degradable, high-performance UV photodetectors was reported in the Opt-Electronic Advances article. These helped to meet the hygienic needs for health monitoring. As clothes are washed with embedded sensors, the device breaks down inertly in water by precisely monitoring the UV light intensity and delivering chitosan (the substrate) and ZnO nanowires (the sensing). When used as a substrate, chitosan offers superior elasticity, excellent chemical stability, optical clarity, and good biodegradability.
  • In November 2022, OmniVision revealed the CameraCubeChip package (OH02B) image sensor, it is the first square 2-megapixel, 1500x1500 resolution CMOS image sensor that can be used in disposable endoscope, catheters and guide wires. The disposable endoscope market relies upon CMOS image sensors owing to its excellent resolution, compact size, minimal heat generation at the scope tip, and low cost for single use.

Global Disposable Medical Sensors Market Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Sensor Type
    • Market Snippet, By Placement Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Market Segmentation, By Sensor Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Biosensors
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Pressure Sensors
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Image Sensors
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Placement Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Strip Sensors
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Wearable Sensors
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Implantable Sensors
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Invasive Sensors
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Ingestible Sensors
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Diagnostics
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Therapeutics
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Patient Monitoring
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Sensor Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Placement Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Sensor Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Placement Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Sensor Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Placement Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Sensor Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Placement Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America

 

  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Sensor Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Placement Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Medtronic Plc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Koninklijke Philips N.V.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • GE Healthcare
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • FreeScale Semiconductors
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Omnivision Technologies
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Smiths Medical
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
    • Analog Devices, Inc. Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Honeywell International, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Global Disposable Medical Sensors Market is segmented, By Sensor Type (Biosensors, Pressure Sensors, Accelerometer Sensors, Temperature Sensors, Image Sensors and Other), By Placement Type (Strip Sensors, Wearable Sensors, Implantable Sensors, Invasive Sensors, and Ingestible Sensors), and By Application(Diagnostics, Therapeutics, and Patient Monitoring).

Increasing prevalence of chronic disease such as cancer, COPD, diabetes and cardiovascular disease is a major factor driving the Global Disposable Medical Sensors Market.

Key players operating in the global disposable medical device sensors market include Medtronic Plc, Koninklijke Philips N.V., GE Healthcare, FreeScale Semiconductors, Omnivision Technologies, Inc., Smiths Medical, Analog Devices, Inc., and Honeywell International, Inc.