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Health Sensors Market Share, Size, Trends, Industry Analysis Report, By Product; By Application; By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa); Segment Forecast, 2022 - 2030

Health Sensors Market Share, Size, Trends, Industry Analysis Report, By...

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Health Sensors Market Share, Size, Trends, Industry Analysis Report, By Product; By Application; By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa); Segment Forecast, 2022 - 2030
Health Sensors Market Share, Size,...
Report Code
RO14/128/2592

Publish Date
29/Sep/2022

Pages
200
PRICE
$ 4904/-
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The global health sensors market size was US$ 40 billion in 2021. The global health sensors market is expected to grow to US$ 175.1 billion by 2030 by registering a compound annual growth rate (CAGR) of 19.1% during the forecast period from 2022 to 2030.

Factors Influencing the Market
The growth of the global health sensors market is sustained by the growing technological improvements and increasing demand for round-the-clock monitoring, tracking of medical data, and the growing prevalence of chronic diseases. Further, various industry players have unveiled health sensor devices in order to easily test heart rate, pulse rate, blood oxygen, and many more. The growing trend of wearable devices will contribute to the growth of the market during the analysis period. In March 2021, researchers at IMEC announced the development of a millimeter-scale transceiver that efficiently enhances ingestible sensors.
The rising use of mobile apps in order to track daily calorie intake and distance travel will drive market growth. Additionally, the growing trend of miniaturization of physiological sensors and the rising trend of remote healthcare will all contribute to the industry's expansion.

COVID-19 Impact Analysis
The COVID-19 pandemic upsurged the adoption of health sensors as the demand for patient monitoring devices increased. Tracking the heart rate became one of the essential activities in order to track the health condition of the COVID-19 disease-affected patients. People across the globe increased the adoption of devices to collect data such as blood pressure, ECG, body temperature, blood oxygen saturation levels, and heart rate. Additionally, the growth in the trend of remote healthcare further upsurged the adoption of devices in the residential setting. As a result, the pandemic boosted the growth of the global health sensors market.

Regional Analysis
In 2021, North America garnered the highest revenue share in the global health sensors market and is expected to grow at the highest growth rate due to the factors like the region's well-established medical infrastructure, growing healthcare spending, the presence of various industry giants like Abbott Laboratories (US), Analog Devices Inc. (US), etc.
The region's expansion is predicted to be fueled by the quick uptake of patient monitoring and homecare devices for regular, continuous, and long-term patient monitoring. Additional causes that are projected to spur the markets expansion include the prevalence of accidents, sports-related injuries, and growing cases of health problems.

Competitors in the Market
Abbott Laboratories
Analog Devices Inc.
Avago Technologies Ltd
Danaher Corp
GE Healthcare
Honeywell International Inc.
Koninklijke Philips
International Inc.
Medtronic Plc
Maxim Integrated Product Inc.
Smiths Medical Inc.
Sensirion AG
Stryker Corp
Robert Bosch GmbH
Roche
TDK Corporation
TE Connectivity Ltd
Texas Instruments Incorporated
Varian Medical System
Other Prominent Players

Market Segmentation
The global health sensors market segmentation focuses on Product, Application, and Region.
By Product
Hand Held Diagnostic Sensors
o Chronic illness & At Risk monitoring
o Patient Admission Triage
o Logistical Tracking
o Inhousing clinical Monitoring
o PostAcute Care Monitoring
Wearable Sensors
o Disposable Wearable
o Non-disposable Wearable
o Wellness Monitoring
o Chronic Illness & At Risk-monitoring
o Patient Admission Triage
o Logistical Tracking
o In-hospital Clinical Monitoring
o Sensor Therapeutics
o Post-acute Care Monitoring
Ingestible /Implantable Sensors
o Wellness Monitoring
o Chronic Illness & At Risk-monitoring
o Patient Admission Triage
o In-hospital Clinical Monitoring
o Sensor Therapeutics
o Post-acute Care Monitoring
By Application
Chronic illness & At Risk Monitoring
Wellness Monitoring
Logistic Tracking
In Hospital Clinical Monitoring
Post-Acute Care Monitoring
o Home Based
o Others
Sensor Therapeutics
Others
By Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

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