(PRWEB) March 02, 2014
The “Disposable Medical Devices Sensors Market - By Type [Biosensor, Image sensor, Accelerometer] Monitoring[Smart Pill, Pulse Oximeter] Diagnostic [Capsule Endoscope, Blood Glucose Strip] Therapeutic[Insulin pump, Dialysis] - Global Forecast to 2018” analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and Rest of the World.
Browse 75 market data tables and 57 figures spread through 261 pages and in-depth TOC on “Disposable Medical Devices Sensors Market":
Early buyers will receive 10% customization on this report.
The market is valued at an estimated $3,831.6 million in 2013 and is poised to grow at a CAGR of 10.1% from 2013 to 2018, to reach $6,212.7 million by 2018.
Inquiry Beofre Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1259
Based on application, the patient monitoring market is expected to witness the highest CAGR of 11.9%. The reason for this high growth is the rising elderly population across the globe.
Based on product type, the strip sensors market holds the largest share of 49.6% in 2013. This large share is attributed to the extensive use of these sensors in homes as well as in clinics, for diagnostic purposes. However, the ingestible sensors market is poised to grow at the highest CAGR. Recently, the FDA lowered the regulatory bars for the launch of ingestible sensors and this is a major reason for the high growth of this market. Based on sensor type, image sensors are slated to witness the highest growth. This growth is likely to be driven by technological advancements, due to which products with superior technologies are being launched in the market. The launch of the CMOS chip-on-tip technology is one such example. Moreover, the cost effectiveness of capsule endoscopes as compared to the traditional process is another reason driving the growth of this market.
The global market is dominated by North America, followed by Europe, Asia, and Rest of the World (RoW). The large share of North America is attributed to the colossal pool of HAI patients in this region. Rising healthcare costs and increasing government and venture capitalist investments are likely to drive the North American market further.
The major players in the market include Analog Devices, Inc. (U.S.), Covidien Plc (Ireland), Freescale Semiconductor, Inc. (U.S.), GE Healthcare (U.K.), Given Imaging (Israel), Honeywell International, Inc. (U.S.), Measurement Specialties (U.S.), Medtronic (U.S.), Philips Healthcare (The Netherlands), Smiths Medical (U.S.), ST Microelectronics (Switzerland), and Sensirion AG (Switzerland), among others.
Browse Related Reports:
Smart Pills Technologies Market (2012 – 2017) (Diagnostic Imaging, Patient Monitoring, Drug Delivery)
Endoscopy Equipment Market by Endoscopes (Rigid, Flexible, Capsule), by Visualization Systems (HD, 3D Camera, Wireless Display & Monitor), Others (Endoscopic Ultrasound, Carts), by Application (Colonoscopy, GI Endoscopy) - Global Forecasts to 2018
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog@ http://mnmblog.org/market-research/healthcare/medical-devices.
Connect with us on LinkedIn@ http://www.linkedin.com/company/marketsandmarkets.