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Medical Sensors Market Share
- Report ID: GMI7279
- Published Date: Nov 2023
- Report Format: PDF
Medical Sensors Market Share
The medical sensors industry is highly competitive owing to the presence of key players such as:
- Amphenol Corporation
- Analog Devices
- Honeywell Inc.
- STMicroelectronics
- TE Connectivity
- Texas Instruments
Significant investments in R&D to gain technological competitiveness and aggressive business strategies including technological launches, collaborations & long-term agreements with clients to capture market share are positively impacting market growth.
Frequently Asked Questions (FAQ) :
The market size for medical sensors was valued at over USD 15 billion in 2022 and is estimated to record more than 10% CAGR between 2023 and 2032.
The bio sensor segment share was over 24% in 2022 and is estimated to register about 11% CAGR from 2023 to 2032 as these sensors play a crucial role in healthcare and medical research by providing real-time data on various health-related parameters.
North America market size for medical sensors was over 33% in 2022 and is expected to grow through 2032 owing to the high prevalence of inadequate inhalers for asthma attacks, well-developed infrastructure, favorable reimbursement regulations, and rapid adoption of advanced medical technologies across the region.
Amphenol Corporation, Analog Devices, Honeywell Inc., STMicroelectronics, TE Connectivity, and Texas Instruments.
Medical Sensors Market Scope
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