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Sensor Market in Consumer Healthcare - Forecasted Double-Digit Growth Rate Through 2024

Zion Market Research, the market research group announced the analysis report titled "Sensor Market in Consumer Healthcare: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"


Sarasota, FL -- (SBWIRE) -- 09/27/2017 -- Global Sensor Market in Consumer Healthcare: Overview

The sensor is an electronic device that detects actions or changes in its environment and sends appropriate information to the computer in order to provide the corresponding output. It converts real-world analog data to digital data that a computer can understand by using analog to digital converter. The sensor technology is playing the significant role in the consumer healthcare sector. The integration of various sensors with medical devices is useful in measuring and controlling the vital parameters of the body such as blood pressure, temperature, and others with accuracy and reliability. Consumer healthcare devices based on sensors have started penetration in various applications including handheld and homecare devices, continuous patient monitoring, wellness, and fitness products. The sensor technology is helpful in capturing the healthcare data, managing the electronics records of patients, and providing the latest information to the users.

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Global Sensor Market in Consumer Healthcare: Growth Factors

With developments in micromachinery and easy-to-use microcontroller platforms, the uses of sensors have expanded to the consumer healthcare devices as well. The sensor market in consumer healthcare application is driven by the widespread diseases, rising health care costs, and aging population. The awareness and focus on early diagnostics, patient-centric health care, and preventative approaches are the driving factors for growth in the global sensor market in consumer healthcare.

Increasing need for precision, portable and disposable diagnostic equipment, and the reliable data are major market drivers.

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Global Sensor Market in Consumer Healthcare: Segmentation

The global sensor market in consumer healthcare has been broadly segmented by sensor type and application. The sensor type segment is further sub-segmented into pressure sensor, motion sensor, temperature sensor, heat rate sensor, an image sensor, blood oxygen sensor, and lactate sensor. The application segment is further sub-segmented into patient monitoring, imaging systems, therapeutic devices, fitness and wellness devices, handheld and home care equipment.

Global Sensor Market in Consumer Healthcare: Regional Analysis

North America is the largest market for the sensor market in consumer healthcare in terms of revenue. Europe and Asia Pacific are favorable for the global sensor market in consumer healthcare. Rising income and awareness for health in China, India, and the Middle East have spurred the growth of the global sensor market in consumer healthcare.

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Global Sensor Market in Consumer Healthcare: Competitive Players

The key players in the global sensor market for consumer healthcare are EPCOS AG, GE Measurement & Control Solutions, Freescale Semiconductor Inc., Measurement Specialties Inc., Aptina Imaging Corp., Infineon Technologies AG and Koninklijke Philips N.V. Other major player in sensor market in consumer healthcare are Analog Devices Inc., Fujitsu Corporation, and InvenSense Inc.

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