The key players operating in the market include First Sensor AG, TE Connectivity., Medtronic Plc., NXP Semiconductors., Honeywell International Inc., Smiths Group Plc., General Electric Company, Analog Devices, Inc., and Texas Instruments Incorporated.
2. Noninvasive medical sensors are devices that do not require bio-fluids obtained by penetrating
the body, as by incision or injection. These devices use noninvasive techniques where the body
is not cut open as during surgical investigations or therapeutic surgery.
Noninvasive medical sensors are categorized into a wide range of wearable biosensors and
electrochemical sensors, which are designed to monitor metabolites and electrolytes in saliva,
tears, or sweat as indicators of a wearer's health status in a noninvasive way.
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3. The growth of the global noninvasive medical sensor market is majorly driven by
increase in adoption of home-based healthcare services, as they allow medical
monitoring of the patients at home that reduces the inconvenience of mobility in
patients with chronic disorders.
Moreover, these medical devices improve disease treatment by early diagnosis at
lower costs and are user-friendly, which lead to their higher adoption, thereby
propelling the growth of the market.
However, certain factors that impede the market growth include limited
reimbursements and slower rate of penetration of advanced medical systems in the
developing regions. Conversely, extensive use of information technology to develop
wireless and multimedia devices is anticipated to serve as lucrative opportunity for the
growth of the market.
4. The global noninvasive medical sensor market is segmented on the basis of sensor
type, application, and region. By sensor type, the market is classified into temperature
sensors, blood glucose sensors, blood oxygen sensors, image sensors, motion sensors,
inertial sensors, and pressure sensors.
Based on application, it is categorized into diagnostics, monitoring, medical
therapeutics, imaging, and wellness & fitness. Region wise, it is analyzed across North
America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Spain, Italy, and
rest of Europe), Asia-Pacific (Japan, China, Singapore, India, South Korea, and rest of
Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
5. Key Benefits
The report provides a quantitative analysis of the current market and estimation
through 2017‐2025 that assists to identify the current market opportunities.
The report contains a thorough analysis of the factors that drive and restrict the
growth of the global noninvasive medical sensor market.
The projections in the report are made by analyzing the current and future
market trends for a period of 2017‐2025.
Comprehensive analysis of the geographical regions is provided, which helps in
better understanding the region wise growth.
Key players within the market are profiled to understand the competitive
scenario.
6. The key players operating in the market include First Sensor AG, TE Connectivity.,
Medtronic Plc., NXP Semiconductors., Honeywell International Inc., Smiths Group Plc.,
General Electric Company, Analog Devices, Inc., and Texas Instruments Incorporated.