Asia Pacific Disposable Medical Device Sensor Market Forecast 2016-2024
Asia Pacific medical disposable sensor devices market is anticipated to expand from $897 million in 2016 to $ 2023 million in 2024, at a CAGR of 10.98%. The base year considered for medical disposable sensor devices market is 2016 and the forecast period is from 2016 to 2024. The government’s support for innovation, increase in funding the projects are the key drivers for the medical disposable sensor devices market.
The medical disposable sensor devices market segmentation is on the basis of accelerometers, biosensors, pressure sensors, image sensors and temperature sensors. The disposable medical sensors devices market by application is further segmented into patient monitoring, diagnostic testing, and therapeutics. The medical disposable sensor devices market by placement of sensors is further divided into wearable sensors, invasive sensors, strip sensors, and ingestible sensors. The key players in the market are small and medium enterprises, end users and key influencers. The disposable medical sensors devices market by region is segmented into India, China, Japan, Korea, rest of Asia pacific. Cost effective and non-invasive miniature devices backed by advancement in technology help in increasing the production of disposable medical devices.
The key players in the market are Analog devices, Covidien plc (acquired by Medtronic), GE healthcare, Honeywell, Medtronic, Olympus corporation Hmicro Inc., STMicroelectronics, LifeScan, Inc. (acquired by Johnson & Johnson), Masimo corporation, Omnivision technologies, Philips healthcare, Sensirion ag, Smiths medical, TE connectivity.