Global Biomedical Sensors Market - By Type (Temperature, Pressure, Image Sensors, Biochemical, Inertial Sensors, Motion Sensors, EG), Industry, Application, Geography, Trends, Forecast - (2017 - 2022)

Published - Jan 2017 | Category - Electronics & Semiconductor | No. of Pages - 145 | Published By - Mordor Intelligence

Report Highlights

The global biomedical sensors market was valued at USD 12.96 billion in 2016 and is expected to reach a value of USD 18.44 billion by the end of 2022, growing at a projected CAGR of 6.05% during the forecast period of 2017 - 2022. Technological advancements in the field of biomedical sensors using microtechnology and nanotechnology will bring tiny, robust, smart and cost-effective sensors that are adaptable to the individual genetic formulation. These sensors can be set to trigger alerts when they enlist unpredictable readings, screen the existence of toxic agents in the blood, or empower drug directly into the circulatory system. Investments in developing sensors with such capabilities will act as a major factor for the growth of the market and eventually these products will find huge demand in the healthcare industry.

Utility in the hazardous environments and geographical locations which are susceptible to natural disasters will drive the biomedical sensors market. Increased demand from the healthcare industry to monitor patients with diabetic and heart conditions will further boost the growth of the market. Early detection of irregularities in the health status of the patients along with necessary medical attention will contribute to the better quality of life.

Even though biomedical sensors are playing a major role in life-saving situations, the market faces certain challenges such as patient's safety and comfort due to strong electromagnetic fields, transferring energy from external to internal parts with high efficiency and high data rates, limited computation and data storage, and ultra-low power consumption.

The global biomedical sensors market is segmented on the basis of type, application and geography. North America accounts for the largest market share, followed by Asia Pacific and Europe. France leads the market in the European region. While China and Japan lead the Asia Pacific market, India will record the highest growth. This report describes a detailed study of the Porter's five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies and competition analysis.

The report also considers key trends that will impact the industry. Some of the key players mentioned in the report are

Zephyr Technology Corp

Entra Health Systems

FISO Technologies Inc

Lumasense Technologies

Neoptix

What the report offers

Market definition for the global biomedical sensors market along with identification of key drivers and restraints for the market.

Market analysis for the global biomedical sensors market, with region specific assessments and competition analysis on a global and regional scale.

Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies which can influence the market on a regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.

Identification and analysis of the macro and micro factors that affect the global biomedical sensors market on a global and regional scale.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
 

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