The medical sensor market size is estimated to be worth $1.2 billion in 2020 and is expected to grow at an annual average of 6% from 2020 to 2027, reaching $1.7 billion by 2025. The medical sensor industry is expected to see significant growth over the next six years. It is primarily due to the growing elderly population, increasing demand for home-based healthcare, technological advances in the medical device industry, increasing adoption of IoT-based medical devices, and increasing spending on healthcare worldwide.
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Medical Sensors Market Segments:
By Application
• Patient Monitoring
• Diagnostic Imaging
• Medical Implants and Endoscopy
By Sensor Type
• Pressure Sensors
• Temprature Sensors
• Blood Oxygen Sensors
• Blood Glucose Sensors
• Touch Sensors
• Image Sensors
• Ingestible Sensors
• Motion Sensors
• ECG Sensors
• Heart Rate Sensors
By Product Type
• Non-invasive
• Invasive
By End-User
• Hospitals & Clinics
• Nursing Homes, Assisted Living Facilities, Long-Term Care Centers, and Home Care Settings
• Others
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