Global Medical Sensors Market 2019-2023

Global Medical Sensors Market 2019-2023

About this market

The rising demand for medical sensors in home care settings will trigger the growth of the market in the forthcoming years. The demand for medical sensors is further boosted by the increasing adoption of medical sensors among end-users such as home care settings. In addition, due to the rise in medical treatments in hospitals and clinics, patients are shifting from treatment in hospitals to home healthcare services. Furthermore, portable medical devices are further being adopted by the end-users because of the growing need for remote patient monitoring. As a result, the demand for medical sensors continues to grow as it eliminates the need for patients to frequently visit hospitals for checkups. Technavio’s analysts have predicted that the medical sensors market will register a CAGR of 9% by 2023.

Market Overview

Increasing adoption of medical sensor technology

One of the growth drivers of the global medical sensors market is the increasing adoption of medical sensor technology. The increase in R&D activities, coupled with product innovations, has led to driving the global medical sensors market during the forecast period.

Lack of reimbursement policies

One of the challenges in the growth of the global medical sensors market is the lack of reimbursement policies. The lack of reimbursement policies provided by health insurance companies is leading to the low adoption of medical technologies such as medical sensors, thereby hindering the growth of the market.

For the detailed list of factors that will drive and challenge the growth of the medical sensors market during 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately concentrated with the presence of a few market players. Vendors in the market are increasingly focusing on improving their distribution networks and ensuring the availability of medical sensors to end-users such as hospitals and clinics. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global healthcare market
      • Table Segments of global healthcare market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Hospitals - Market size and forecast 2018-2023
      • Table Hospitals - Market size and forecast 2018-2023 ($ millions)
      • Table Hospitals - Year-over-year growth 2019-2023 (%)
    • Clinics - Market size and forecast 2018-2023
      • Table Clinics - Market size and forecast 2018-2023 ($ millions)
      • Table Clinics - Year-over-year growth 2019-2023 (%)
    • Home care settings - Market size and forecast 2018-2023
      • Table Home care settings - Market size and forecast 2018-2023 ($ millions)
      • Table Home care settings - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • Asia - Market size and forecast 2018-2023
      • Table Asia - Market size and forecast 2018-2023 ($ millions)
      • Table Asia - Year-over-year growth 2019-2023 (%)
    • ROW - Market size and forecast 2018-2023
      • Table ROW - Market size and forecast 2018-2023 ($ millions)
      • Table ROW - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
    • Increasing applications of wireless sensors and wearable detecting devices
    • Growing demand for digital medicine and sensor-enabled pills
    • Increasing industry developments
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • First Sensor AG
      • Table First Sensor AG - Vendor overview
      • Table First Sensor AG - Business segments
      • Table First Sensor AG - Organizational developments
      • Table First Sensor AG - Geographic focus
      • Table First Sensor AG - Segment focus
      • Table First Sensor AG - Key offerings
    • HONEYWELL INTERNATIONAL INC.
      • Table HONEYWELL INTERNATIONAL INC. - Vendor overview
      • Table HONEYWELL INTERNATIONAL INC. - Business segments
      • Table HONEYWELL INTERNATIONAL INC. - Organizational developments
      • Table HONEYWELL INTERNATIONAL INC. - Geographic focus
      • Table HONEYWELL INTERNATIONAL INC. - Segment focus
      • Table HONEYWELL INTERNATIONAL INC. - Key offerings
    • Medtronic
      • Table Medtronic - Vendor overview
      • Table Medtronic - Business segments
      • Table Medtronic - Organizational developments
      • Table Medtronic - Geographic focus
      • Table Medtronic - Segment focus
      • Table Medtronic - Key offerings
    • NXP Semiconductors
      • Table NXP Semiconductors - Vendor overview
      • Table NXP Semiconductors - Business segments
      • Table NXP Semiconductors - Organizational developments
      • Table NXP Semiconductors - Geographic focus
      • Table NXP Semiconductors - Segment focus
      • Table NXP Semiconductors - Key offerings
    • Smiths Group plc.
      • Table Smiths Group plc. - Vendor overview
      • Table Smiths Group plc. - Business segments
      • Table Smiths Group plc. - Organizational developments
      • Table Smiths Group plc. - Geographic focus
      • Table Smiths Group plc. - Segment focus
      • Table Smiths Group plc. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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