Disposable Medical Devices Sensors Market worth $6,212.7 Million by 2018

DALLAS, October 11, 2013 /PRNewswire/ --

The "Disposable Medical Devices Sensors Market - By Type (Biosensor, Image sensor, Accelerometer) Monitoring (Smart Pill, Pulse Oximeter) Diagnostic (Capsule Endoscope, Blood Glucose Strip) Therapeutic (Insulin pump, Dialysis) - Global Forecast to 2018", analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and Rest of the World.

Browse 75 Market Data Tables and 57 Figuresspread through 261 Pagesand in-depth TOC on "Disposable Medical Devices Sensors Market - By Type(Biosensor, Image sensor, Accelerometer)Monitoring(Smart Pill, Pulse Oximeter)Diagnostic(Capsule Endoscope, Blood Glucose Strip) Therapeutic(Insulin pump, Dialysis) -Global Forecast to 2018".
http://www.marketsandmarkets.com/Market-Reports/disposable-medical-devices-sensors-market-1259.html
Early buyers will receive 10% customization in this report.

This report studies the global Disposable Medical Devices Sensors Market over the forecast period of 2013-2018. The market is valued at an estimated $3,831.6 million in 2013 and is poised to grow at a CAGR of 10.1% from 2013 to 2018, to reach $6,212.7 million by 2018.

Based on product type, the strip sensors market holds the largest share of 49.6% in 2013.  This large share is attributed to the extensive use of these sensors in homes as well as in clinics, for diagnostic purposes. However, the ingestible sensors market is poised to grow at the highest CAGR. Recently, the FDA lowered the regulatory bars for the launch of ingestible sensors and this is a major reason for the high growth of this market. Based on sensor type, image sensors are slated to witness the highest growth. This growth is likely to be driven by technological advancements, due to which products with superior technologies are being launched in the market. The launch of the CMOS chip-on-tip technology is one such example. Moreover, the cost effectiveness of capsule endoscopes as compared to the traditional process is another reason driving the growth of this market.

Based on application, the patient monitoring market is expected to witness the highest CAGR of 11.9%. The reason for this high growth is the rising elderly population across the globe.

The global Disposable Medical Devices Sensors Market is dominated by North America, followed by Europe, Asia, and Rest of the World (RoW). The large share of North America is attributed to the colossal pool of HAI patients in this region. Rising healthcare costs and increasing government and venture capitalist investments are likely to drive the North American market further.   

The major players in the Disposable Medical Devices Sensors Market include Analog Devices, Inc. (U.S.), Covidien Plc (Ireland), Freescale Semiconductor, Inc. (U.S.), GE Healthcare (U.K.), Given Imaging (Israel), Honeywell International, Inc. (U.S.), Measurement Specialties (U.S.), Medtronic (U.S.), Philips Healthcare (The Netherlands), Smiths Medical (U.S.), ST Microelectronics (Switzerland), and Sensirion AG (Switzerland), among others.

Browse Related Reports

Sensors Market [(Temperature, Pressure, Speed, Level/Position, Oxygen, Nox) For Automotive Applications (Power Train, Body Electronics, Vehicle Security, Safety and Controls, Alternative Fuel Vehicles and Telematics)] 2012 - 2022

http://www.marketsandmarkets.com/Market-Reports/automotive-sensors-market-426.html

Image Sensors Market Analysis and Forecast (2013 - 2018): By Applications (Healthcare (Endoscopy, Radiology, Ophthalmology), Surveillance, Automobile, Consumer, Defense, Industrial)); Technology (CCD, CMOS, Contact IS, Infrared, X-ray) and Geography

http://www.marketsandmarkets.com/Market-Reports/Image-Sensor-Semiconductor-Market-601.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, healthcare IT, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog http://www.marketsandmarketsblog.com/market-reports/healthcare/medical-devices
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets