The market for biomedical sensors is expected to grow at a CAGR of around 6.9% from 2020 to 2027 and expected to reach the market value of around US$ 18.1 Bn by 2027.
Biomedical Sensors are the tools that detect & monitor specific biological, chemical, or physical properties. Biomedical Sensors are often used to monitor the safety of medicines, food, environmental conditions, and other substances. These are for biomedical and clinical applications by using photosensitive polyurethane encapsulant formulations microstructured by photolithography. These are special types of sensors that provide the necessary interface between the electronics systems and the biological environment. The operations carried out under strict requirements of high compatibility with the hosting environment, lightweight, high reliability, long-expected lifetime, and adorability.
Market Dynamics
The technological advancements in the field of biomedical sensors along with the help of microtechnology and nanotechnology that can bring tiny, robust, smart, and cost-effective sensors are supporting the market growth. The technological innovations in MEMS is enabling the design & development of low-cost, high-performance sensors that can easily integrate into other applications as well as increasing demand for patient monitoring applications is further boosting the market value over the forecast period. Moreover, the development of innovative non-invasive sensor-based medical applications is projected to create potential opportunities over the forecast timeframe from 2020 to 2027.
On the other side, security concerns associated with the use of biomedical sensors, long product development cycles, and the requirement of stringent regulatory procedures for operations are anticipated to hamper the growth to an extent over the estimated period.
North America is leading the biomedical sensors market with maximum revenue share
In 2019, the region is a major contributor to the biomedical sensors market value. The presence of a big number of vendors of medical sensors in the region, particularly in the US is supporting the regional market growth. For instance, Medtronic, Inc.’s Coronary & Structural Heart division has acquired Twelve Inc. in 2015, a US-based medical device company that develops transcatheter mitral valve replacement devices. The increasing geriatric population coupled with the increasing numbers of patients with chronic diseases is accelerating the regional market value. The high demand for home healthcare is additionally contributing to the regional market value.
Asia Pacific is estimated to experience fastest growth with major CAGR (%) throughout the forecast timeframe from 2020 to 2027
The developing economies of Asia Pacific region and their developing healthcare sector are supporting the regional market growth. The increasing disposable income of emerging economies is boosting the investment in the healthcare sector which is driving the regional market value. The rising emphasis on the development of wearable medical devices and the advancement in nanotechnology and microtechnology in the region is further bolstering the regional market value. The increasing investment by the major players in the region in order to take advantage of available opportunities is further bolstering the regional market value.
The players profiled in the report include Analog Devices, Inc., First Sensor AG, GE Healthcare, Honeywell International Inc., Innovative Sensor Technology USA, LumaSense Technologies, Measurement Specialties, Inc., Medtronic PLC, Nonin Medical Inc., NXP Semiconductor N.V., Smiths Medical, STMicroelectronics N.V., Texas Instruments, and Zephyr Technology Corp. The major biomedical sensors players were involved in strategic developments for escalating the profit share in regional as well as the global market. For instance, Proteus Digital Health signed an agreement with Otsuka Pharmaceutical Co. Ltd. in 2012, to develop new medicines based on Proteus Health’s FDA-approved sensor-based technologies. The major investments were announced in the biomedical sensors market for technological advancements in the field.
Market Segmentation
Market By Type
Wired
Wireless
Market By Sensor Type
Temperature
Pressure
Image Sensors
Biochemical
Inertial Sensors
Motion Sensors
Electrocardiogram (ECG)
Other Sensor Types
Market By End User
Hospitals & Clinics
Research Labs
Diagnostic Labs
Ambulatory Care
Market By Application
Diagnostic
Medical Imaging
Monitoring
Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Chapter 1. Industry Overview of Biomedical Sensors
1.1 Definition and Scope
1.1.1 Definition of Biomedical Sensors
1.1.2 Market Segmentation
1.1.3 Years Considered for the Study
1.1.4 Assumptions and Acronyms Used
1.1.4.1 Market Assumptions and Market Forecast
1.1.4.2 Acronyms Used In Global Biomedical Sensors Market
1.2 Summary
1.2.1 Executive Summery
1.2.2 Biomedical Sensors Market By Type
1.2.3 Global Biomedical Sensors Market By Sensor Type
1.2.4 Global Biomedical Sensors Market By End User
1.2.5 Global Biomedical Sensors Market By Application
1.2.6 Global Biomedical Sensors Market by Regions
Chapter 2. Research Approach
2.1 Methodology
2.1.1 Research Programs/By End User
2.1.2 Market Size Estimation
2.1.3 Market Breakdown and Data Triangulation
2.2 Data Source
2.2.1 Secondary Sources
2.2.2 Primary Sources
Chapter 3. Market Dynamics and Competition Analysis
3.1 Market Drivers
3.1.1 Driver 1
3.1.2 Driver 2
3.2 Restraints and Challenges
3.2.1 Restraint 1
3.2.2 Restraint 2
3.3 Growth Opportunities
3.3.1 Opportunity 1
3.3.2 Opportunity 2
3.4 Porter’s Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threat of Substitute
3.4.4 Threat of New Entrants
3.4.5 Degree of Competition
3.5 Market Concentration Ratio And Market Maturity Analysis of Biomedical Sensors Market
3.5.1 Go To Market Strategy
3.5.1.1 Introduction
3.5.1.2 Growth
3.5.1.3 Maturity
3.5.1.4 Saturation
3.5.1.5 Possible Development
3.6 Technological Roadmap for Biomedical Sensors Market
3.7 Value Chain Analysis
3.7.1 List of Key Manufacturers
3.7.2 List of Customers
3.7.3 Level of Integration
3.8 Cost Structure Analysis
3.8.1 Price Trend of Key Raw Materials
3.8.2 Raw Material and Suppliers
3.8.3 Proportion of Manufacturing Cost Structure
3.8.3.1 Raw Material
3.8.3.2 Labor Cost
3.8.3.3 Manufacturing Expense
3.9 Regulatory Compliance
3.10 Competitive Landscape, 2019
3.10.1 Player Positioning Analysis
3.10.2 Key Strategies Adopted By Leading Players
Chapter 4. Manufacturing Plant Analysis
4.1 Manufacturing Plant Location and Establish Date of Global Biomedical Sensors Major Manufacturers in 2019
4.2 R&D Status and By Sensor Type Source of Global Biomedical Sensors Major Manufacturers in 2019
Chapter 5. Biomedical Sensors Market By Type
5.1 Introduction
5.2 Global Biomedical Sensors Revenue (US$ Mn) by Type
5.2.1 Global Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 – 2027
5.2.2 Wired
5.2.2.1 Wired Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.3 Wireless
5.2.3.1 Wireless Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.3 Market Attractive Analysis By Type 2019
Chapter 6. Biomedical Sensors Market By Sensor Type
6.1 Introduction
6.2 Global Biomedical Sensors Revenue (US$ Mn) by Sensor Type
6.2.1 Global Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 – 2027
6.2.2 Temperature
6.2.2.1 Temperature Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
6.2.3 Pressure
6.2.3.1 Pressure Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
6.2.4 Image Sensors
6.2.4.1 Image Sensors Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.4 Biochemical
5.2.4.1 Biochemical Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.5 Inertial Sensors
5.2.5.1 Inertial Sensors Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
6.2.4 Motion Sensors
6.2.4.1 Motion Sensors Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.4 Electrocardiogram (ECG)
5.2.4.1 Electrocardiogram (ECG) Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
5.2.5 Other Sensor Types
5.2.5.1 Other Sensor Types Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
6.3 Market Attractive Analysis By Sensor Type 2019
Chapter 7. Biomedical Sensors Market By End User
7.1 Introduction
7.2 Global Biomedical Sensors Revenue (US$ Mn) by End User
7.2.1 Global Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 – 2027
7.2.2 Hospitals & Clinics
7.2.2.1 Hospitals & Clinics Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
7.2.3 Research Labs
7.2.3.1 Research Labs Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
7.2.4 Diagnostic Labs
7.2.4.1 Diagnostic Labs Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
7.2.5 Ambulatory Care
7.2.6 Ambulatory Care Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
7.3 Market Attractive Analysis By End User 2019
Chapter 8. Biomedical Sensors Market By Application
8.1 Introduction
8.2 Global Biomedical Sensors Revenue (US$ Mn) by Application
8.2.1 Global Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 – 2027
8.2.2 Diagnostic
8.2.2.1 Diagnostic Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
8.2.3 Medical Imaging
8.2.3.1 Medical Imaging Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
8.2.3 Monitoring
8.2.3.1 Monitoring Market Revenue (US$ Mn) and Growth Rate (%), 2016 - 2027
8.3 Market Attractive Analysis By Application 2019
Chapter 9. North America Biomedical Sensors Market By Country
9.1 North America Biomedical Sensors Market Overview
9.2 U.S.
9.2.1 U.S. Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
9.2.2 U.S. Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
9.2.3 U.S. Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
9.2.4 U.S. Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
9.3 Canada
9.3.1 Canada Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
9.3.2 Canada Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
9.3.3 Canada Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
9.3.4 Canada Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
9.4 North America PEST Analysis
Chapter 10. Europe Biomedical Sensors Market By Country
10.1 Europe Biomedical Sensors Market Key Overview
10.2 UK
10.2.1 UK Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
10.2.2 UK Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
10.2.3 UK Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
10.2.4 UK Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.3 Germany
10.3.1 Germany Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
10.3.2 Germany Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
10.3.3 Germany Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
10.3.4 Germany Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.4 France
10.4.1 France Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
10.4.2 France Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
10.4.3 France Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
10.4.4 France Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.5 Spain
10.5.1 Spain Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
10.5.2 Spain Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
10.5.3 Spain Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
10.5.4 Spain Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.6 Rest of Europe
10.6.1 Rest of Europe Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
10.6.2 Rest of Europe Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
10.6.3 Rest of Europe Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
10.6.4 Rest of Europe Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.7 Europe PEST Analysis
Chapter 11. Asia-Pacific Biomedical Sensors Market By Country
11.1 Asia Pacific Biomedical Sensors Market Overview
11.2 China
11.2.1 China Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
11.2.2 China Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
11.2.3 China Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
11.2.4 China Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.3 Japan
11.3.1 Japan Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
11.3.2 Japan Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
11.3.3 Japan Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
11.3.4 Japan Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.4 India
11.4.1 India Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
11.4.2 India Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
11.4.3 India Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
11.4.4 India Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.5 Australia
11.5.1 Australia Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
11.5.2 Australia Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
11.5.3 Australia Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
11.5.4 Australia Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.6 South Korea
11.6.1 South Korea Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
11.6.2 South Korea Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
11.6.3 South Korea Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
11.6.4 South Korea Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.7 Rest of Asia-Pacific
11.7.1 Rest of Asia Pacific Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
11.7.2 Rest of Asia Pacific Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
11.7.3 Rest of Asia Pacific Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
11.7.4 Rest of Asia Pacific Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.8 Asia Pacific PEST Analysis
Chapter 12. Latin America Biomedical Sensors Market By Country
12.1 Latin America Biomedical Sensors Market Overview
12.2 Brazil
12.2.1 Brazil Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
12.2.2 Brazil Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
12.2.3 Brazil Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
12.2.4 Brazil Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.3 Mexico
12.3.1 Mexico Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
12.3.2 Mexico Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
12.3.3 Mexico Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
12.3.4 Mexico Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.4 Rest of Latin America
12.4.1 Rest of Latin America Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
12.4.2 Rest of Latin America Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
12.4.3 Rest of Latin America Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
12.4.4 Rest of Latin America Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.5 Latin America PEST Analysis
Chapter 13. Middle East & Africa Biomedical Sensors Market By Country
13.1 Middle East & Africa Biomedical Sensors Market Overview
13.2 Saudi Arabia
13.2.1 Saudi Arabia Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
13.2.2 Saudi Arabia Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
13.2.3 Saudi Arabia Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
13.2.4 Saudi Arabia Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
13.3 UAE
13.3.1 UAE Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
13.3.2 UAE Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
13.3.3 UAE Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
13.3.4 UAE Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
13.4 Rest of Middle East & Africa
13.4.1 Rest of Middle East & Africa Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Type, 2016 - 2027
13.4.2 Rest of Middle East & Africa Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Sensor Type, 2016 - 2027
13.4.3 Rest of Middle East & Africa Biomedical Sensors Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
13.4.4 Rest of Middle East & Africa Biomedical Sensors Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
13.5 South Africa PEST Analysis
Chapter 14. Player Analysis of Biomedical Sensors
14.1 Global Biomedical Sensors Market Company Share Analysis
14.2 Competition Matrix
14.2.1 Competitive Benchmarking of key players by price, presence, market share, and R&D investment
14.2.2 New Product Launches and Product Enhancements
14.2.3 Mergers And Acquisition In Global Biomedical Sensors Market
14.2.4 Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
Chapter 15. Company Profile
15.1 Analog Devices, Inc.
15.1.1 Company Snapshot
15.1.2 Business Overview
15.1.3 Financial Overview
15.1.3.1 Revenue (US$ Mn), 2019
15.1.3.2 Analog Devices, Inc. 2019 Biomedical Sensors Business Regional Distribution
15.1.4 Product/Service and Specifications
15.1.5 Recent Development & Business Strategy
15.1.6 Manufacturing Plant Footprint Analysis
15.2 First Sensor AG
15.3 GE Healthcare
15.4 Honeywell International Inc.
15.5 Innovative Sensor Technology USA
15.6 LumaSense Technologies
15.7 Measurement Specialties, Inc.
15.8 Medtronic PLC
15.9 Nonin Medical Inc.
15.10 NXP Semiconductor N.V.
15.11 Smiths Medical
15.11 STMicroelectronics N.V.
15.11 Zephyr Technology Corp.
15.11 Texas Instruments
15.12 Others
