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Pulished Date April, 2021
ID: 3945
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North America Disposable Medical Devices Sensors Market Research Report - Segmented By Type, Placement of Sensors, Application, Therapeutics, Patient Monitoring, Imaging Devices, End-User & By Country (the United States, Canada & Rest of North America) - Industry Analysis on Size, Share, Growth, Trends, Forecast (2021 to 2026)

Pulished: April, 2021
ID: 3945
Pages: 145

North America Disposable Medical Devices Sensors Market Size (2021 to 2026)

The size of the North America Disposable Medical Devices Sensors Market is valued at USD 3.36 billion in 2021. This value is estimated to be growing at a CAGR of 10.58% to reach USD 5.56 billion by 2026.

Improved healthcare infrastructure and growing demand for medical sensors in the region. Additionally, technological advancements in medical device sensor technology have fueled market growth in North America. Besides, the increasing prevalence of chronic diseases and the rising demand for medical sensors in-home treatment have further fueled the development of the market. Huge R&D expenses are an essential factor in this market. Also, several trade policies such as NAFTA (North American Free Trade Agreement) between Mexico, Canada, and the United States of America should promote trade between them, thus enabling the North American market's expansion. The United States is currently the largest market in the North American region. It is not only the largest producer but also the largest consumer of medical devices in the world.

Reimbursement policies and the international regulatory environment vary from region to region, affecting medical device manufacturers in the North American market from a global perspective. Another major challenge facing this market includes strict provisions for the approval of medical devices by the FDA.

This research report on the North American Disposable Medical Device Sensors Market has been segmented and sub-segmented into the following categories:

  • By Type: Biosensors, Accelerometers, Image Sensors, Pressure Sensors, Temperature Sensors.
  • By Placement of Sensors: Invasive Sensors, Wearable Sensors, Implantable Sensors, Strip Sensors, Ingestible Sensors.
  • By Application: Diagnostics, Blood Glucose Test Strips, Pregnancy Test Strip Sensors, Drug and Alcohol Test Strip Sensors, HIV Test Strip Sensors.
  • By Therapeutics: Dialysis Device Sensors, Cardiac Therapy Devices, Cardiac Catheter Sensors, Insulin Pump Sensors.
  • By Patient Monitoring: Continuous Blood Pressure Monitors, Pulse Oximeters, Cardiac Monitors, Continuous Glucose Monitoring (CGM) Devices, Implantable Loop Recorders, Smart Pills.
  • By Imaging Devices: Capsule Endoscope Sensors, Disposable Endoscope Sensors.
  • By End User: Hospitals, Laboratories, Home-based.
  • By Country: the United States, Canada & Rest of North America.

Regional Analysis:

North America is leading the North America disposable medical device sensors market due to the improved healthcare infrastructure, technological advancements, and innovative applications in medical device sensors and increasing demand.

North America dominates the global market for disposable sensors for medical devices. The United States is the largest disposable medical device sensor market in North America, followed by Canada. The increased demand for medical services and healthcare facilities in North America is estimated to significantly impact the growth of the North American market for disposable medical device sensors in the region between 2020 and 2025. Besides, the increased population spending in countries like the United States, the United States, and Canada are leading this industry's growth. Per capita purchasing power parity (PPP) -based health expenditure in the United States has increased significantly from USD 10,164.71 in 2018 to USD 11,377.52 in 2020, while it increased from USD 5,139.71 in 2018 to USD 6,012.41 in 2020 in Canada, according to the World Health Organization. Spending on personal health care in the United States, as reported by the Centers for Disease Control and Prevention, is expected to increase by a 5.1% annual percentage change in percentage between 2010 and 2020, with total spending of USD 1,971 billion in 2010, which rose to USD 2,975 billion in 2020. It can be attributed to the significant demand for new medical and healthcare technologies in North America.

Key Players dominating the North America Disposable Medical Device Sensors Market Profiled in the Report 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 United States                           

                6.3 Canada                        

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    

    7.2.4 Threat of Substitute Products and Services             

    7.2.5 Competitive Rivalry within the Industry    

8. Market Leaders' Analysis

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

  1. North America Disposable Medical Device Sensors Market, By Type, From 2021 to 2026 (USD Million)
  2. North America Biosensors Market, By Region, From 2021 to 2026 (USD Million)
  3. North America Accelerometers Market, By Region, From 2021 to 2026 (USD Million)
  4. North America Image sensors Market, By Region, From 2021 to 2026 (USD Million)
  5. North America Pressure sensors Market, By Region, From 2021 to 2026 (USD Million)
  6. North America Temperature sensors  Market, By Region, From 2021 to 2026 (USD Million)
  7. North America Others Market, By Region, From 2021 to 2026 (USD Million)
  8. North America Disposable Medical Device Sensors Market, By Placement of Sensors , From 2021 to 2026 (USD Million)
  9. North America Invasive sensors Market, By Region, From 2021 to 2026 (USD Million)
  10. North America Wearable Sensors Market, By Region, From 2021 to 2026 (USD Million)
  11. North America Implantable sensors Market, By Region, From 2021 to 2026 (USD Million)
  12. North America Strip sensors Market, By Region, From 2021 to 2026 (USD Million)
  13. North America Ingestible sensors Market, By Region, From 2021 to 2026 (USD Million)
  14. North America Disposable Medical Device Sensors Market, By Application, From 2021 to 2026 (USD Million)
  15. North America Diagnostics Market, By Region, From 2021 to 2026 (USD Million)
  16. North America Therapeutics Market, By Region, From 2021 to 2026 (USD Million)
  17. North America Patient Monitoring Market, By Region, From 2021 to 2026 (USD Million)
  18. North America Imaging devices Market, By Region, From 2021 to 2026 (USD Million)
  19. North America Disposable Medical Device Sensors Market, By End-User , From 2021 to 2026 (USD Million)
  20. North America Hospitals Market, By Region, From 2021 to 2026 (USD Million)
  21. North America Laboratories Market, By Region, From 2021 to 2026 (USD Million)
  22. North America Home based Market, By Region, From 2021 to 2026 (USD Million)
  23. United States Disposable Medical Device Sensors Market, By Type, From 2021 to 2026 (USD Million)
  24. United States Disposable Medical Device Sensors Market, By Placement of Sensors , From 2021 to 2026 (USD Million)
  25. United States Disposable Medical Device Sensors Market, By Application, From 2021 to 2026 (USD Million)
  26. United States Disposable Medical Device Sensors Market, By End-User , From 2021 to 2026 (USD Million)
  27. Canada Disposable Medical Device Sensors Market, By Type, From 2021 to 2026 (USD Million)
  28. Canada Disposable Medical Device Sensors Market, By Placement of Sensors, From 2021 to 2026 (USD Million)
  29. Canada Disposable Medical Device Sensors Market, By Application, From 2021 to 2026 (USD Million)
  30. Canada Disposable Medical Device Sensors Market, By End-User, From 2021 to 2026 (USD Million)

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