The report "Disposable Medical Device Sensors Market by Product (Biosensor, Image sensor, Accelerometer), Monitoring (Smart Pill, Pulse Oximeter), Diagnostics (Capsule Endoscope, Blood Glucose Strip), Therapeutics (Insulin Pump, Dialysis) - Global Forecast to 2020", is Valued at ~USD 3,630.8 Million in 2015 and is poised to reach USD 5,936 Million by 2020, growing at a CAGR of 10.3% during the forecast period of 2015 to 2020
Browse 191 market tables and 41 figures spread through 238 pages and in-depth TOC on "Disposable Medical Device Sensors Market “
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Market growth can be attributed to the growing prevalence of diabetes and other infectious diseases across the globe, government support for research and development activities in medical sensors, various benefits such as faster analysis, low costs, ease of use, and rising needs to curtail escalating healthcare costsOn the other hand, inadequate reimbursements and clinical data requirements for various products in the market are expected to restrain the overall market growth to a certain extent during the forecast period.
The disposable medical device sensors market, by product, is segmented into biosensors, temperature sensors, pressure sensors, accelerometers, image sensors, and others. The biosensors segment accounted for the largest share of ~68% of market. However, the image sensors segment is poised to grow at the highest CAGR of 22.1% in the forecast period. Growth in this segment can be attributed be the fueled by the increasing demand for CMOS image sensors and emerging endoscopy products like camera pills and disposable endoscopes coupled with the increasing number of endoscopic procedures across the globe.
The disposable medical device sensors market, by placement of sensors is segmented into wearable sensors, implantable sensors, ingestible sensors, invasive sensors, and strip sensors. The strip sensors segment accounted for the largest share of ~49% of the global market in 2014. This segment is projected to reach USD 2,942.3 Million by 2020, growing at a CAGR of 10.3% during the forecast period. The overall growth of strip sensors market is driven by the widespread adoption of these sensors in diagnostic applications across the world owing to their varied benefits, such as cost effectiveness, ease of use, non-infectious nature, and faster results.
The disposable medical device sensors market, by application is segmented into patient monitoring devices, diagnostic testing devices, imaging devices, and therapeutic devices.
The diagnostic testing devices segment accounted for the largest share of ~49% of disposable medical device sensors market. However, the imaging devices segment is poised to grow at the highest CAGR of 22.1% in the forecast period.
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The market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, which is further analyzed at country levels. The research report discusses the key market drivers, restraints, challenges, trends, and opportunities in the global market and its submarkets.
Major players in the global disposable medical device sensors market are Medtronic plc. (Ireland), GE Healthcare (U.K.), Philips N.V. (Netherlands), Smiths Medical (U.K.), TE Connectivity (Switzerland), Freescale Semiconductors, Inc. (U.S.), Omnivision Technologies, Inc. (U.S.), STMicroelectronics (Switzerland), Analog Devices, Inc. (U.S.), and Honeywell International, Inc. (U.S.).

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