Sunday, April 21, 2019

Global Medical Sensors Market Will Grow at a CAGR of 9% During 2019-2023 Technavio

BWW News Desk
April 15, 2019

Technavio has announced the release of their research report on the global medical sensors market for the forecast period 20192023 This global medical sensors market analysis report segments the market by enduser hospitals clinics and home care settings and geography Asia Europe North America and ROW pblockquotep idpullquotepblockquote p Global medical sensors market size will grow by almost USD 622 billion during 20192023 at a CAGR of 9 The demand for digital medicine and sensorenabled pills has been growing substantially Sensorenabled pills transmit information from the patients body to a mobile application Patients can also share such information with their caregivers and physicians through a webbased patient monitoring applications Such pills are gaining popularity as they can track the effects of medicines in real time and reduce the cost of treatments This growing trend will increase the adoption of medical sensors and will positively impact the growth of the global medical sensors market over the forecast period p p a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwtechnaviocom2Ftalktous3Freport3DGlobal2520Medical2520Sensors2520Market25202019202326type3Dsample26src3Dreport26utmsource3Dt9sample26utmmedium3Dbwwk1626utmcampaign3Dbusinesswireampesheet51969361ampnewsitemid20190415005616amplanenUSampanchorRequestforafreesampleampindex1ampmd577d433c140c1d7c0844a47f6eb15c407 relnofollowibRequest for a free samplebiaib and get illustrations table of contents list of exhibits and example pages from this reportbi p p span classbwulinebRising demand for medical sensors in home care settingsbspan p p Patients are increasingly adopting home healthcare services due to the increasing treatment costs in hospitals and clinics Portable medical devices such as blood pressure monitors and blood glucose monitors are increasingly being adopted in home care settings due to the increased need for remote patient monitoring This eliminates the patients frequent hospital visits and reduces the burden of traveling and waiting time especially for geriatric patients The increasing demand for medical sensors in home care settings is expected to drive the global medical sensors market p p iNorth America will be the largest contributor to the global medical sensors market The presence of many medical sensor vendors in the US will drive the growth of the market in the region In terms of growth rate the Asian region will witness the fastest growth during the forecast period The increasing prevalence of chronic disorders and the increased focus toward healthcare will increase the demand for medical sensors Emerging economies such as Southeast Asia and India will further drive the demand for medical sensorsi says an analyst at Technavio p p a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwtechnaviocom2Freport2Fglobalmedicalsensorsmarketindustryanalysis3Futmsource3Dt926utmmedium3Dbwwk1626utmcampaign3Dbusinesswireampesheet51969361ampnewsitemid20190415005616amplanenUSampanchorViewsnapshotofthereportampindex2ampmd5a75cbe635e61b3bd06fc02d632e638f0 relnofollowibView snapshot of the reportbia for a more detailed overview of the market and the segmentation covered in this report p p This global medical sensors industry research report provides an indepth analysis of the major drivers upcoming trends and challenges that will impact market growth over the forecast period The report analyzes the competitive landscape and offers details on several medical sensor manufacturers including p ul li classbwlistitemmargb First Sensor AG li li classbwlistitemmargb HONEYWELL INTERNATIONAL INC li li classbwlistitemmargb Medtronic li li classbwlistitemmargb NXP Semiconductors li li classbwlistitemmargb Smiths Group plc li ul p bSome of the key topics covered in the report includeb p p bMarket Landscapeb p ul li classbwlistitemmargb Market ecosystem li li classbwlistitemmargb Market characteristics li li classbwlistitemmargb Market segmentation analysis li ul p bMarket Sizingb p ul li classbwlistitemmargb Market definition li li classbwlistitemmargb Market size and forecast li ul p bFive Forces Analysisb p p bMarket Segmentationb p p bGeographical Segmentationb p ul li classbwlistitemmargb Regional comparison li li classbwlistitemmargb Key leading countries li ul p bMarket Driversb p p bMarket Challengesb p p bMarket Trendsb p p bVendor Landscapeb p ul li classbwlistitemmargb Vendors covered li li classbwlistitemmargb Vendor classification li li classbwlistitemmargb Market positioning of vendors li li classbwlistitemmargb Competitive scenario li ul p bAbout Technaviob p p a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwtechnaviocom2F3Futmsource3Dt926utmmedium3Dbwwk1426utmcampaign3Dbusinesswireampesheet51969361ampnewsitemid20190415005616amplanenUSampanchorTechnavioampindex3ampmd597ec1270ef8e3aeacc54048822b036da relnofollowbTechnavioba is a leading global technology research and advisory company Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions Technavios report library consists of more than 10000 reports covering 800 technologies spanning across 50 countries Their client base consists of enterprises of all sizes including more than 100 Fortune 500 companies p p Please contact our media team at a referrerpolicyunsafeurl targetblank hrefmailtomediatechnaviocom relnofollowbmediatechnaviocombab bforb bmore information p p p pimg referrerpolicyunsafeurl alt srchttpsctsbusinesswirecomctCTidbwnewsampsty20190415005616r1ampsidweb01ampdistronxamplangen stylewidth0height0span classbwct31415p

SOURCE: BUSINESS WIRE. ©2015 Business Wire


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