Medical Sensors Market worth $3.6 billion by 2029 - Exclusive Report by MarketsandMarkets™

Browse in-depth TOC on "Medical Sensors Market" 
160 – Tables
70 – Figures
230 – Pages

Medical Sensors Market Report Scope:

The medical sensors market for hospitals & clinics in Asia Pacific is expected to grow at the highest CAGR during the forecast period.

The medical sensors market for hospitals & clinics in Asia Pacific is expected to grow at the highest CAGR during the forecast period. The rising elderly population in countries such as Japan and China have led to the increased adoption of advanced medical devices. The rise in the elderly population has led to an increased number of people suffering from multiple chronic diseases such as diabetes and cardiovascular diseases. Hence, hospitals and clinics in such countries are extensively using advanced medical equipment integrated with sensors for improved patient monitoring and treatment. The increasing number of initiatives taken by the governments in developing countries, such as India and China, to support the manufacturing of advanced medical devices is also expected to drive the growth of the medical sensors market for hospitals & clinics in Asia Pacific.

Americas held the largest share of the medical sensors market for minimally invasive procedures in 2023.

The Americas held the largest share of the medical sensors market for minimally invasive procedures in 2023. The increasing elderly population, rapidly evolving healthcare infrastructure, and growing expenditure on healthcare are the major factors driving the market growth in the Americas. However, the market in Asia Pacific is expected to register the highest growth during the forecast period due to the increasing number of reforms to enhance the healthcare ecosystem in developing countries such as India and China.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=372

Europe holds the second-largest market share in medical sensors market in 2023.

Europe holds the second-largest market share in the medical sensors industry in 2023 and is expected to have a nominal growth during the forecast period. The market growth in Europe can be attributed to the increasing population of elderly people and the subsequent increase in the number of people suffering from chronic diseases in this region. According to Eurostat, in 2024, 21.3% of the EU population was aged 65 and over on January 1, 2023. This means that more than one-fifth of the EU's population was aged 65 and over. Increasing healthcare expenditures, the high adoption of advanced medical devices, increasing investments in healthcare, and the growing demand for user-friendly patient monitoring devices for diabetes and chronic diseases are expected to drive the market growth in Europe during the forecast period. Europe also comprises several key medical sensors market players such as TE Connectivity (Switzerland), Medtronic (Ireland), and STMicroelectronics (Switzerland).

Key Players

Some of the leading companies operating in the medical sensors companies are TE Connectivity (Switzerland), Medtronic (Ireland), Analog Devices, Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), Tekscan, Inc. (US), NXP Semiconductors (Netherlands), Sensirion AG (Switzerland), ON Semiconductor Corporation (US), and Amphenol Corporation (US) are the key players in the medical sensors market. Koninklijke Philips N.V. (Netherlands), ams-OSRAM AG (Austria), among others.

Get 10% Free Customization on this Report:
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=372

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

IoT Sensors Market by Sensor Type (Pressure, Temperature, Humidity, Image, Inertial, Gyroscope, Touch), Network Technology (Wired and Wireless), Vertical (Commercial IoT and Industrial IoT) and Region - Global Forecast to 2029

Current Sensor Market Size, Share, Statistics and Industry Growth Analysis Report by Current Sensing Methods (Direct, Indirect), Loop Type (Closed Loop, Open Loop), Technology (Isolated, Non-Isolated), Output Type (Analog, Digital), End User (Automotive, Industrial) and Region – Global Forecast to 2028

Electronic Sensors Market For Consumer Industry by Type (Image, Motion, Pressure, Temperature, Fingerprint, Proximity, & Others), Application (Communication & IT, Entertainment, Home Appliances, & Wearable Devices), and Geography - Global Forecast to 2022

Biosensors Market Size, Share, Industry Growth Analysis Report by Type, Product (Wearable, Non-wearable), Technology, Application (POC, Home Diagnostics, Research Lab, Environmental Monitoring, Food & Beverages, Biodefense) Global Growth Driver and Industry Forecast to 2026

Cryocooler Market with COVID-19 Impact and Analysis by Type (GM, PT, JT, Stirling, Brayton), Offering (Hardware, Services), Heat Exchanger (Recuperative, Regenerative) Operating Cycle (Open,Closed loop), Application, and Geography - Global Forecast to 2025

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/sensors-market-healthcare-applications.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/world-sensors-healthcare-applications.asp

View original content:https://www.prnewswire.co.uk/news-releases/medical-sensors-market-worth-3-6-billion-by-2029---exclusive-report-by-marketsandmarkets-302131660.html