Global Medical Sensors Market 2021-2025

Global Medical Sensors Market 2021-2025

Technavio has been monitoring the medical sensors market and it is poised to grow by $ 7.84 bn during 2021-2025 progressing at a CAGR of 10% during the forecast period. Our report on medical sensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing prevalence of chronic diseases, rising demand for medical sensors in home care settings and increasing adoption of medical sensor technology. In addition, increasing prevalence of chronic diseases is anticipated to boost the growth of the market as well.

The medical sensors market analysis includes end-user segment and geographical landscapes.

Technavio's medical sensors market is segmented as below:

  • By End-user
  • Hospitals
  • Clinics
  • Home care settings
  • By Geography
  • North America
  • Europe
  • Asia
  • ROW
This study identifies the increasing applications of wireless sensors and wearable detecting devices as one of the prime reasons driving the medical sensors market growth during the next few years. Also, growing demand for digital medicine and sensor-enabled pills and increasing industry developments will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on medical sensors market covers the following areas
  • Medical sensors market sizing
  • Medical sensors market forecast
  • Medical sensors market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical sensors market vendors that include First Sensor AG, Honeywell International Inc., Medtronic Plc, Merit Medical Systems Inc., NXP Semiconductors NV, Sensirion AG, Smiths Group Plc, STMicroelectronics NV, Tekscan Inc., and Texas Instruments Inc.. Also, the medical sensors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
    • Market Overview
      • Table Key Finding
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain: Life sciences tools and services
      • Research and development:
      • Inputs:
      • Production:
      • Distribution:
      • Marketing and sales:
      • Post-sales and services:
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025
      • Table Global - Market size and forecast 2020 - 2025 ($ million)
      • Table Global market: Year-over-year growth 2020 - 2025 (%)
  • Five Forces Analysis
    • Five Forces Summary
      • Table Five forces analysis 2020 & 2025
    • 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 2020
  • Market Segmentation by End-user
    • Market segments
      • Table En-user - Market share 2020-2025 (%)
    • Comparison by End-user
      • Table Comparison by End-user
    • Hospitals - Market size and forecast 2020-2025
      • Table Hospitals - Market size and forecast 2020-2025 ($ million)
      • Table Hospitals - Year-over-year growth 2020-2025 (%)
    • Clinics - Market size and forecast 2020-2025
      • Table Clinics - Market size and forecast 2020-2025 ($ million)
      • Table Clinics - Year-over-year growth 2020-2025 (%)
    • Home care settings - Market size and forecast 2020-2025
      • Table Home care settings - Market size and forecast 2020-2025 ($ million)
      • Table Home care settings - Year-over-year growth 2020-2025 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user
  • Customer landscape
    • Overview
      • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2020-2025 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2020- 2025
      • Table North America - Market size and forecast 2020-2025 ($ million)
      • Table North America - Year-over-year growth 2020-2025 (%)
    • Europe - Market size and forecast 2020-2025
      • Table Europe - Market size and forecast 2020-2025 ($ million)
      • Table Europe - Year-over-year growth 2020-2025 (%)
    • Asia - Market size and forecast 2020-2025
      • Table Asia - Market size and forecast 2020-2025 ($ million)
      • Table Asia - Year-over-year growth 2020-2025 (%)
    • ROW - Market size and forecast 2020-2025
      • Table ROW - Market size and forecast 2020-2025 ($ million)
      • Table ROW - Year-over-year growth 2020-2025 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Volume drivers - Demand led growth
      • Increasing prevalence of chronic diseases
        • Table Number of cancer cases, excluding non-melanoma skin cancer, in European countries 2018
      • Rising demand for medical sensors in home care settings
      • Increasing adoption of medical sensor technology
    • Market challenges
      • Lack of accuracy of medical sensors
      • Lack of reimbursement policies
      • Stringent government regulations
        • 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
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • First Sensor AG
      • Table First Sensor AG - Overview
      • Table First Sensor AG - Product and service
      • Table First Sensor AG - Key offerings
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Key news
      • Table Honeywell International Inc. - Key offerings
      • Table Honeywell International Inc. - Segment focus
    • Medtronic Plc
      • Table Medtronic Plc - Overview
      • Table Medtronic Plc - Business segments
      • Table Medtronic Plc - Key news
      • Table Medtronic Plc - Key offerings
      • Table Medtronic Plc - Segment focus
    • Merit Medical Systems Inc.
      • Table Merit Medical Systems Inc. - Overview
      • Table Merit Medical Systems Inc. - Business segments
      • Table Merit Medical Systems Inc. - Key news
      • Table Merit Medical Systems Inc. - Key offerings
      • Table Merit Medical Systems Inc. - Segment focus
    • NXP Semiconductors NV
      • Table NXP Semiconductors NV - Overview
      • Table NXP Semiconductors NV - Business segments
      • Table NXP Semiconductors NV - Key news
      • Table NXP Semiconductors NV - Key offerings
    • Sensirion AG
      • Table Sensirion AG - Overview
      • Table Sensirion AG - Business segments
      • Table Sensirion AG - Key offerings
    • Smiths Group Plc
      • Table Smiths Group Plc - Overview
      • Table Smiths Group Plc - Business segments
      • Table Smiths Group Plc - Key news
      • Table Smiths Group Plc - Key offerings
      • Table Smiths Group Plc - Segment focus
    • STMicroelectronics NV
      • Table STMicroelectronics NV - Overview
      • Table STMicroelectronics NV - Business segments
      • Table STMicroelectronics NV - Key news
      • Table STMicroelectronics NV - Key offerings
      • Table STMicroelectronics NV - Segment focus
    • Tekscan Inc.
      • Table Tekscan Inc. - Overview
      • Table Tekscan Inc. - Product and service
      • Table Tekscan Inc. - Key news
      • Table Tekscan Inc. - Key offerings
    • Texas Instruments Inc.
      • Table Texas Instruments Inc. - Overview
      • Table Texas Instruments Inc. - Business segments
      • Table Texas Instruments Inc. - Key news
      • Table Texas Instruments Inc. - Key offerings
      • Table Texas Instruments Inc. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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