The global disposable medical sensors market is projected to witness a considerable growth rate by exhibiting a significant CAGR of 10.1%, during the forecast period. There are various key factors that are contributing to market growth, such as technological advancement in medical industry, increasing demand for remote patient monitoring devices, and rising geriatric population. Moreover, the increasing incidences of chronic diseases across the globe, such as acute myocardial infarction and diabetes mellitus in geriatric population, along with an increasing number of postoperative rehabilitation patients are some other factors augmenting the global market growth.
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Increasing innovations in the development of point of care devices are rising the adoption rate of medical sensors in diagnosis and monitoring devices for homecare facilities, is further propelling the growth of the global disposable medical sensors market. Increasing demand for remote patient monitoring devices is augmenting the growth of next-generation disposable medical sensors, such as wearable wristwatches, painless diabetes monitors, which is anticipated to propel the growth of the global disposable medical sensors market in the near future. However, the stringent regulatory procedures and lack of adequate reimbursement policies for novel technologies are the major factors that act as a barrier in the growth of the global market.
Market Segmentation
Global Disposable Medical Sensor Market by Type
- Biosensors
- Image Sensors
- Pressure Sensors
- Temperature Sensors
- Accelerometers
- Others (MR Position Sensors and Force Sensors)
Global Disposable Medical Sensor Market by Placement Type
- Implantable Sensors
- Invasive Sensors
- Ingestible Sensors
- Strip Sensors
- Wearable Sensors
Global Disposable Medical Sensor Market by Application
- Diagnostics
- Therapeutics
- Patient Monitoring
Global Disposable Medical Sensor Market by End-User
- Hospitals and Clinics
- Diagnostic Laboratories
- Home Care
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