Implantable Sensors Market
Global Implantable Sensors Market Size, Share & Trends Analysis Report by Application (Medical Diagnostic, Monitoring, Imaging), By End-User (Hospitals, Clinics, Diagnostic Center, and Homecare), By Types (Glucose Sensor, Temperature Sensor, Oxygen Sensor, Pressure Sensor, ECG Sensor, Image Sensor) Forecast Period 2021-2027 Update Available - Forecast 2024-2030
The global implantable sensors market is growing at a considerable CAGR of 8.6% during the forecast period (2021-2027). The implantable sensors play a critical role in medical applications such as monitoring and diagnosis. The major factor that is augmenting the growth of the market includes the high demand for self-monitoring systems for early problem identification. The technology enables to transfer of patients' real-time health data to their mobile phones as the transferring of the same is done through wireless connectivity. Furthermore, the rise in the geriatric population and the increase in the prevalence of chronic diseases such as diabetes and heart problems among others are other factors that are estimated to fuel the growth of the market in the forecast period. In addition to this, to counter the high cost of medical treatments in the healthcare center, there has been a spike in the adoption of home care settings which in turn is contributing to the growth of market share for implantable sensors.
However, certain factors are affecting the growth of the market. There are certain invasive procedures that patients have to undergo to implant the sensors which may give rise to certain risk factors. Conversely, innovation in technologies is expected to overcome the constraints and diagnose the patient in a more effective manner leading to more and more minimal surgeries to reduce risk as well as pain. Additionally, the ongoing pandemic, COVID-19, is estimated to create demand for these devices for remote monitoring of patients. The rise in patients across the globe has reduced the number of beds available at hospitals. Such implantable sensors will help to make patients keener towards their health and taking precautions at the initial stages will not lead to serious damage to the patients especially the diabetic population.
Segmental Outlook
The market is segmented based on application, end-user, and types. By application, the market is segmented into medical diagnostic, monitoring, and imaging. Based on the end-user segment, the market is segmented into hospitals, clinics, diagnostic centers, and home care. Further based on the type segment, the market is segmented into a glucose sensor, temperature sensor, oxygen sensor, pressure sensor, ECG sensor, and image sensor
Global Implantable Sensors Market Share by End User, 2020 (%)
The hospital segment held a considerable market share in 2020 based on end-user. The market growth is driven by the increasing availability of multi-purpose sensors in hospitals. Several lab-on-a-chip technologies are estimated to grow the market share of implantable sensors. Pressure sensors are widely used in anesthesia delivery machines, kidney dialysis machines, and ventilators. The major market players operating in this segment include Honeywell International Inc., Sanofi S.A., Philips Healthcare, and Medtronic plc. The use of implantable sensors may set up a system of telemetric measuring of vital signs, which could help prevent hospital misuse and overcrowding and that can be impactful in the COVID-19 crises.
Regional Outlooks
The global implantable sensors market is analyzed based on the geographical regions that are contributing significantly towards the growth of the market. Based on the geography, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. In 2020, North America is estimated to hold a considerable share in the global implantable sensors market and is expected to continue its dominance during the forecast period. The availability of a large number of market players and technological advancement in the region are the factors for the growth of the market in this region.
Global Implantable Sensors Market Growth, by Region 2021-2027
Asia-Pacific to Exhibit Considerable Growth During the Forecast Period, 2021-2027
Asia-Pacific is anticipated to exhibit a considerable share in the implantable sensor market during the forecast period (2021-2027). of the growing prevalence of chronic diseases, growing healthcare expenditure, and increase in awareness among the people related to such devices in emerging economies of the region such as China and India are the factors to drive the growth of the regional market.
Market Players Outlook
Key players of the Implantable Sensors market are Smiths Group plc, Abbott Laboratories Inc., Medtronic Plc, Dexcom Inc., Honeywell International Inc., First Sensor AG, and Sanofi S.A. To survive in the market these players adopt different marketing strategies such as a merger, acquisitions, product launch, and geographical expansion so on. For Instance, in August 2018, Dexcom Inc. acquired TypeZero Technologies, Inc. to enhance its diabetes management system.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global implantable sensors market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Regulations
3. Competitive Landscape
3.1. Key Strategy Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Implantable Sensors Market by Application
5.1.1. Medical Diagnostic
5.1.2. Monitoring
5.1.3. Imaging
5.2. Global Implantable Sensors Market by End-User
5.2.1. Hospitals
5.2.2. Clinics
5.2.3. Diagnostic Center
5.2.4. Homecare
5.3. Global Implantable Sensors Market, By Types
5.3.1. Glucose Sensor
5.3.2. Temperature Sensor
5.3.3. Oxygen Sensor
5.3.4. Pressure Sensor
5.3.5. ECG Sensor
5.3.6. Image Sensor
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Abbott Laboratories Inc.
7.2. Analog Devices Inc.
7.3. Cardiomo Care, Inc.
7.4. D&P Bioinnovations
7.5. Dexcom, Inc.
7.6. First Sensor AG
7.7. GE Healthcare
7.8. Glusense Ltd.
7.9. Honeywell International Inc.
7.10. Medtronic Plc
7.11. Metamaterial Inc.
7.12. NXP Semiconductors N.V.
7.13. Orthosensor Inc.
7.14. Pepex Biomedical, Inc.
7.15. Sanofi S.A.
7.16. Senseonics Holdings, Inc.
7.17. Sensirion AG
7.18. Smiths Groups plc
7.19. Texas Instruments Incorporated.
1. GLOBAL IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($MILLION)
2. GLOBAL MEDICAL DIAGNOSTIC IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS, 2020-2027 ($MILLION)
3. GLOBAL MONITORING IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS, 2020-2027 ($MILLION)
4. GLOBAL IMAGING IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS, 2020-2027 ($MILLION)
5. GLOBAL IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($MILLION)
6. GLOBAL HOSPITALS MARKET RESEARCH AND ANALYSIS, 2020-2027 ($MILLION)
7. GLOBAL CLINICS MARKET RESEARCH AND ANALYSIS, 2020-2027 ($MILLION)
8. GLOBAL DIAGNOSTIC CENTERS MARKET RESEARCH AND ANALYSIS, 2020-2027 ($MILLION)
9. GLOBAL HOMECARE MARKET RESEARCH AND ANALYSIS, 2020-2027 ($MILLION)
10. GLOBAL IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($MILLION)
11. GLOBAL GLUCOSE SENSOR MARKET RESEARCH AND ANALYSIS, 2020-2027 ($MILLION)
12. GLOBAL TEMPERATURE SENSOR MARKET RESEARCH AND ANALYSIS 2020-2027 ($MILLION)
13. GLOBAL OXYGEN SENSOR MARKET RESEARCH AND ANALYSIS, 2020-2027 ($MILLION)
14. GLOBAL PRESSURE SENSOR MARKET RESEARCH AND ANALYSIS, 2020-2027 ($MILLION)
15. GLOBAL ECG SENSOR MARKET RESEARCH AND ANALYSIS, 2020-2027 ($MILLION)
16. GLOBAL IMAGE SENSOR MARKET RESEARCH AND ANALYSIS, 2020-2027 ($MILLION)
17. NORTH AMERICA IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($MILLION)
18. NORTH AMERICA IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($MILLION)
19. NORTH AMERICA IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($MILLION)
20. EUROPEAN IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($MILLION)
21. EUROPEAN IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($MILLION)
22. EUROPEAN IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($MILLION)
23. ASIA PACIFIC IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($MILLION)
24. ASIA PACIFIC IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($MILLION)
25. ASIA PACIFIC IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($MILLION)
26. REST OF THE WORLD IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($MILLION)
27. REST OF THE WORLD IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($MILLION)
REST OF THE WORLD IMPLANTABLE SENSORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($MILLION)
1. GLOBAL IMPLANTABLE SENSORS MARKET SHARE BY APPLICATION, 2020 VS 2027 (IN %)
2. GLOBAL IMPLANTABLE SENSORS MARKET SHARE BY END-USER, 2020 VS 2027 (IN %)
3. GLOBAL IMPLANTABLE SENSORS MARKET SHARE BY TYPE, 2020 VS 2027 (IN %)
4. GLOBAL MEDICAL DIAGNOSTIC IMPLANTABLE SENSORS MARKET SIZE, 2020-2027 ($MILLION)
5. GLOBAL MONITORING IMPLANTABLE SENSORS MARKET SIZE, 2020-2027 ($MILLION)
6. GLOBAL IMAGING IMPLANTABLE SENSORS MARKET SIZE, 2020-2027 ($MILLION)
7. GLOBAL HOSPITALS MARKET SIZE, 2020-2027 ($MILLION)
8. GLOBAL CLINICS MARKET SIZE, 2020-2027 ($MILLION)
9. GLOBAL DIAGNOSTIC CENTERS MARKET SIZE, 2020-2027 ($MILLION)
10. GLOBAL HOMECARE MARKET SIZE, 2020-2027 ($MILLION)
11. GLOBAL GLUCOSE SENSOR MARKET SIZE, 2020-2027 ($MILLION)
12. GLOBAL TEMPERATURE SENSOR MARKET SIZE, 2020-2027 ($MILLION)
13. GLOBAL OXYGEN SENSOR MARKET SIZE, 2020-2027 ($MILLION)
14. GLOBAL PRESSURE SENSOR MARKET SIZE, 2020-2027 ($MILLION)
15. GLOBAL ECG SENSOR MARKET SIZE, 2020-2027 ($MILLION)
16. GLOBAL IMAGE SENSOR MARKET SIZE, 2020-2027 ($MILLION)
17. US IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
18. CANADA IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
19. REST OF NORTH-AMERICA IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
20. IMPLANTABLE SENSORS UK IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
21. FRANCE IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
22. GERMANY IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
23. ITALY IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
24. SPAIN IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
25. ROE IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
26. ASIA-PACIFIC IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
27. CHINA IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
28. INDIA IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
29. JAPAN IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
30. REST OF ASIA-PACIFIC IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
31. REST OF THE WORLD IMPLANTABLE SENSORS MARKET SIZE 2020-2027 ($MILLION)
