Europe Disposable Medical Devices Sensors Market was worth USD 2.09 billion in 2018 and estimated to be growing at a CAGR of 10.8% to reach USD 3.49 billion by 2023. Disposable medical devices are used to detect particular data for patient monitoring or diagnosis of diseases. They are portable scanning devices used to measure heart rate, breathing rate and body temperature. They are emerging as powerful, cost-effective tools for identification of disease caused by virus, bacteria, and fungi.
Sensor-based devices have enhanced in terms of characteristics, technology, and performance due to the continuous improvements of electronics in medical and pharmaceutical applications. With the advancement of IT and wireless sensor technology, disposable sensors and biosensors are playing a significant role in the healthcare. Furthermore, the increase in technology of microsystems such as MEMS, SI-based sensors, and microfluidic chips has become a benchmark in the healthcare sector with great accuracy and characteristics.
Increasing incidence of chronic diseases such as cancer, diabetes and other infectious diseases particularly in geriatric population and increasing innovations in the development of medical sensors for diagnosis are the primary factors augmenting the disposable medical sensors. Moreover, factors like huge investment by private players, increasing the need for remote patient monitoring and next-generation disposable medical sensors, government support towards R&D in the field of sensors, the requirement of cost-effective devices and accessories and raising awareness about medical sensors are also driving the disposable medical sensors. However, factors like stringent regulatory approval procedures, lack of reimbursement policies and a limited number of skilled professionals are hindering the growth of the market.
The Europe Disposable Medical Devices Sensors Market is segmented on the basis of type, placement of sensors, application and end-user. Based on the type, the market is segmented into biosensors, temperature sensors, pressure sensors, accelerometers, image sensors, and others. In 2018, the biosensors segment accounted for the largest share due to the wide use of pregnancy test strips, HIV test strips, drug and alcohol test strips, and glucose test strips. On the basis of placement of sensors, the market is segmented into invasive sensors, wearable sensors, implantable sensors, ingestible sensors, and strip sensors. The strip sensors segment accounted for the largest share of the market in 2018 due to the cost-effectiveness, increasing usage of strip sensors in glucose monitoring tests, ease of use and faster results and ingestible medical sensors are the fastest growing sub-segment. Applications segment is categorized into patient monitoring, diagnostics, therapeutics and imaging devices of medical sensors. On the basis of end-user, the market is segmented into Hospitals, Home based and Laboratories. The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. In Europe, Germany leads the Disposable medical device sensors market, followed by France and U.K. The market in this region is projected to grow strongly during the forecast period due to various factors such as growing awareness about sensor technology, financial strength to procure expensive tools and favorable reimbursement policies.
Key players dominating the Disposable medical device sensors market are Medtronic plc., Philips healthcare, Analog Devices, Inc., GE Healthcare, Smiths Medical, Honeywell International, STMicroelectronics, Freescale Semiconductors, Inc., Omnivision Technologies, Inc., and Sensirion AG.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Biosensors
5.1.3 Accelerometers
5.1.4 Image sensors
5.1.5 Pressure sensors
5.1.6 Temperature sensors
5.1.7 Others
5.1.8 Y-o-Y Growth Analysis, By Type
5.1.9 Market Attractiveness Analysis, By Type
5.1.10 Market Share Analysis, By Type
5.2 Placement of Sensors
5.2.1 Introduction
5.2.2 Invasive sensors
5.2.3 Wearable Sensors
5.2.4 Implantable sensors
5.2.5 Strip sensors
5.2.6 Ingestible sensors
5.2.7 Y-o-Y Growth Analysis, By Placement of Sensors
5.2.8 Market Attractiveness Analysis, By Placement of Sensors
5.2.9 Market Share Analysis, By Placement of Sensors
5.3 Application
5.3.1 Introduction
5.3.2 Diagnostics
5.3.2.1 Blood Glucose Test Strips
5.3.2.2 Pregnancy Test Strip Sensors
5.3.2.3 Drug and Alcohol Test Strip Sensors
5.3.2.4 HIV Test Strip Sensors
5.3.3 Therapeutics
5.3.3.1 Dialysis Device Sensors
5.3.3.2 Cardiac Therapy Devices
5.3.3.3 Cardiac Catheter Sensors
5.3.3.4 Insulin Pump Sensors
5.3.4 Patient Monitoring
5.3.4.1 Continuous Blood Pressure Monitors
5.3.4.2 Pulse Oximeters
5.3.4.3 Cardiac Monitors
5.3.4.4 Continuous Glucose Monitoring (CGM) Devices
5.3.4.5 Implantable Loop Recorders
5.3.4.6 Smart Pills
5.3.4.7 Others
5.3.5 Imaging devices
5.3.5.1 Capsule Endoscope Sensors
5.3.5.2 Disposable Endoscope Sensors
5.3.6 Y-o-Y Growth Analysis, By Application
5.3.7 Market Attractiveness Analysis, By Application
5.3.8 Market Share Analysis, By Application
5.4 End-user
5.4.1 Introduction
5.4.2 Hospitals
5.4.3 Laboratories
5.4.4 Home based
5.4.5 Y-o-Y Growth Analysis, By End-user
5.4.6 Market Attractiveness Analysis, By End-user
5.4.7 Market Share Analysis, By End-user
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Placement of Sensors
6.1.3.4 By Application
6.1.3.5 By End-user
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Placement of Sensors
6.1.4.4 By Application
6.1.4.5 By End-user
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Placement of Sensors
6.1.5.4 By Application
6.1.5.5 By End-user
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
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