Medical Sensors Market - Demand for Sensors in Medical Application Is Growing Rapidly

Sensors in medical segment are useful for the measurement of physical property in terms optical signal. It is used in wide area of medical technology, engineering, surgical equipment and others.

 

Albany, NY -- (SBWIRE) -- 06/02/2016 -- Medical sensors is a device that measures physical property of body and responds by converting it into an electrical or optical signal. These sensors play an important role in the chronic diseases such as cancer, cardiovascular, and respiratory to measure the physical property by converting it into an electrical signal. Medical sensors market report analyzes the market in a view of different types of medical sensors i.e. pressure sensors, temperature sensors, image sensors, accelerometers, biosensors, flow sensors, SQUID sensors and others. The report comprises an elaborate executive summary, which includes a market snapshot that provides market dynamics of various segments and sub-segments that are included in the report in a precise manner. Moreover, executive summary comprises waterfall diagram, which reflects the market size of various segments in descending order.

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A detailed qualitative analysis of the factors responsible for driving and restraining the growth of the global medical sensors market and future opportunities has been provided in the market overview section. This section of the report also provides market attractiveness analysis, epidemiology study, porter's five forces analysis, supply and value chain analysis, average selling price analysis, regulatory framework and company market share analysis operating in the medical sensors market.

Based on products, the global medical sensors market has been segmented into pressure sensors, temperature sensors, image sensors, accelerometers, biosensors, flow sensors, SQUID sensors and other sensors (chemical, level and force). The market for these types of sensors has been extensively analyzed. The market size and forecast in terms of US$ million for each products has been provided for the period from 2013 to 2023. The report on the medical sensors market also provides compound annual growth rate (CAGR %) for each of the market segments mentioned above for the forecast period from 2015 to 2023, considering 2014 as the base year.

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Geographically, the medical sensors market has been categorized into North America, Europe, Asia-Pacific, Latin America and Rest of the World (RoW). In addition, Asia Pacific is categorized as China and Rest of APAC and Latin America is further segmented as Brazil and Rest of LATAM. The market size and forecast for each of these regions have been provided for the period from 2013 to 2023 along with CAGR (%) for the forecast period from 2013 to 2023. The research study also incorporates competitive scenario of major players in these regions.

A list of recommendations has been provided for new entrants to help establish a strong presence and for existing market players to increase their market shares. The medical sensors market report concludes with the profiles of major players in the medical sensors market based on various attributes such as company overview, financial overview, business strategies, product portfolio, and recent developments. Major players profiled in this report Honeywell International, Measurement Specialties, Danaher Corporation, and NXP Semiconductors.

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