Sensors are a vital component of a range of industries and healthcare is just one of them. However, given the criticality of the application, the use of sensors in healthcare is extremely important. Technological advances are increasing the penetration of sensors in the healthcare
sector by being embedded in a range of devices used for medical purposes. Sensors are used in equipment for sensing, monitoring, testing, and several other services in relation to patients. Wireless sensors are fuelling the growth of remote patient monitoring capabilities.
Changing lifestyles of people around the world has also led to an increase in the occurrence of a number of chronic diseases. Such patients also need regular, and in some cases, constant monitoring and diagnosis. This is also augmenting the growth of sensors in healthcare applications
. An increasing ageing population is another sector that is adding to the growth of this market. Some people prefer to stay at home rather than be admitted in hospitals. However, such patients require to be constantly monitored by their healthcare practitioners and hence, is aiding in the growth of sensors in healthcare applications. Sensors are also being used as implants and embedded in wearable devices for monitoring purposes.
Significant amount of investments in research and development efforts are also expected to positively influence this market in the near future. The Sensors in Healthcare Applications market can be segmented as
- on the basis of type
- Temperature Sensors, Pressure Sensors, Image Sensors, Biosensors, Position Sensors, Flow Sensors, Chemical Sensors and Others
Patient monitoring accounts for the largest share of the overall market for sensors in healthcare applications.
- In terms of applications
- Diagnostics, Patient Monitoring, Therapeutic, Imaging and Others
While North America, followed by Europe, currently account for the largest share of this market, Asia Pacific is expected to exhibit the highest growth rate till the end of the forecast period considered in this report.
- By Geography
- North America, South America, APAC, Europe, Middle East and Africa
This highly competitive market has witnessed a large amount of consolidation by means of mergers and acquisitions. Following are just a few of the companies that are operating in the Sensors in Healthcare Applications market
- Honeywell International, Inc.,
- Thermofisher Scientific, Inc.,
- Abott Laboratories
- Bio-Rad Laboratories
- Texas Instruments.