Invasive Sensors Market
Global Invasive Sensors Market Size, Share & Trends Analysis Report by Product Type (Biosensor, Image Sensor, Temperature Sensor, and Pressure Sensor), by Application (Imaging, Surgical, and Monitoring), and by End-User (Hospitals and Diagnostic Centers, Ambulatory Surgical Centers, and Research Laboratories) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global invasive sensors market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. A minimally invasive medical procedure is carried out by entering the sensor into the body through the skin, cavity, or anatomical opening, with the smallest damage possible to the body. The global invasive sensors market is growing due to the factors such as technological improvement and the increasing prevalence of chronic diseases. According to the Center for Chronic Disease (CCD), 6 in 10 adults in the US have a chronic disease. In addition, 4 in 10 adults in the US have two or more chronic diseases.
Impact of COVID-19 Pandemic on Global Invasive Sensors Market
The COVID-19 pandemic led to severe health crises across the world and several casualties. Due to the COVID-19 pandemic, there was a sudden rise in demand for ventilators, oxygen concentrators, and respiratory devices, as these devices are used to assist COVID-19 patients suffering from breathing problems and reduced blood oxygen levels. The high demand for these devices such as ventilators, and imaging systems was the major reason for the recovery of the market over the forecast period.
Segmental Outlook
The global invasive sensors market is segmented based on product type, application, and end-user. Based on the product type, the market is segmented into a biosensor, image sensors, temperature pressure, and pressure sensor. Based on the application, the market is sub-segmented into imaging, surgical, and monitoring. Based on the end-user, the market is augmented into hospitals and diagnostic centers, ambulatory surgical centers, and research laboratories. The above-mentioned segments can be customized as per the requirements. Among the application, the imaging segment is expected to grow at a substantial growth rate over the forecast period. The companies are developing a minimally invasive sensor for imaging that easily implants into the brain. For instance, in November 2018, Researchers at the Massachusetts Institute of Technology in Cambridge, Massachusetts (US) developed an invasive sensor that can be implanted in the brain without requiring power or a wired connection into the brain.
Global Invasive Sensors Market Share by Product Type, 2021 (%)
The Temperature Sensor Segment is Expected to Hold a Significant Share in the Global Invasive Sensors Market
Among the product type, the temperature segment is expected to hold a significant share in the market over the forecast period. There have been several technological advancements owing to COVID-19. Many players offer temperature sensors which are driving the market growth. Furthermore, the rising adoption of temperature sensors in portable devices, and technological advancements in sensors are a few of the major driving factors for the growth of the market.
Regional Outlooks
The global invasive sensors market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Europe region is expected to hold a considerable market share due to the rising investment in research and development. The growing prevalence of chronic diseases in the region is also a key factor propelling the growth of the market over the forecast period.
Global Invasive Sensors Market Growth, by Region 2022-2028
The North America Region is Expected to hold the Considerable Share in the Global Invasive Sensors Market
Among all regions, the North American region is expected to hold a considerable share in the global invasive sensors market due to the high technological advancement in the region. Moreover, the high healthcare spending along with awareness among people is another key factor fueling the market growth over the forecast period. for instance, according to Health Tracker System, Health spending per person in the U.S. was $11,945 in 2020, which was over $4,000 more expensive than any other high-income nation. The average amount spent on health per person in comparable countries ($5,736) is roughly half that of the U.S.
Market Players Outlook
The major companies serving the global invasive sensors market include Abbott Laboratories, Inc., GE Healthcare, Koninklijke Philips N.V., Medtronic PLC, Medical Device Business Services, Inc., NXP Semiconductor N.V., Sanofi S.A., Siemens AG, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2022, Graphene biosensors will drive innovations in brain-controlled robotics. Brain-machine interfaces provide a bridge between the human brain and external software or hardware.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global invasive 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
- Current Industry Analysis and Growth Potential Outlook
- Impact of COVID-19 on the Global Invasive Sensors Market
- Recovery Scenario of Global Invasive Sensors Market
1.1.Research Methods and Tools
1.2.Market Breakdown
1.2.1.By Segments
1.2.2.By Region
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
3.Competitive Landscape
3.1.Key Company 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
3.3.Impact of COVID-19 on Key Players
4.Market Segmentation
4.1.Global Invasive Sensors Market by Product Type
4.1.1.Biosensor
4.1.2.Image Sensor
4.1.3.Temperature Sensor
4.1.4.Pressure Sensor
4.2.Global Invasive Sensors Market by Application
4.2.1.Imaging
4.2.2.Surgical
4.2.3.Monitoring
4.3.Global Invasive Sensors Market by End-User
4.3.1.Hospitals and Diagnostic Centre
4.3.2.Ambulatory Surgical Centers
4.3.3.Research Laboratories
5.Regional Analysis
5.1.North America
5.1.1.United States
5.1.2.Canada
5.2.Europe
5.2.1.UK
5.2.2.Germany
5.2.3.Italy
5.2.4.Spain
5.2.5.France
5.2.6.Rest of Europe
5.3.Asia-Pacific
5.3.1.China
5.3.2.India
5.3.3.Japan
5.3.4.South Korea
5.3.5.Rest of Asia-Pacific
5.4.Rest of the World
6.Company Profiles
6.1.Abbott Laboratories, Inc.
6.2.Analog Devices, Inc.
6.3.Bayer AG
6.4.Danaher Corp.
6.5.DexCom, Inc.
6.6.First Sensor AG
6.7.GE Healthcare
6.8.GLUSENSE Ltd.
6.9.Honeywell International, Inc.
6.10.Koninklijke Philips N.V.
6.11.Medtronic PLC
6.12.Medical Device Business Services, Inc.
6.13.NXP Semiconductor N.V.
6.14.OmniVision Technologies, Inc.
6.15.Orthosensor, Inc.
6.16.Pinnacle Technology
6.17.Sanofi S.A.
6.18.Siemens AG
6.19.Smiths Medical Group Ltd.
1.GLOBAL INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
2.GLOBAL INVASIVE BIOSENSORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3.GLOBAL INVASIVE IMAGE SENSORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4.GLOBAL INVASIVE TEMPERATURE SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5.GLOBAL INVASIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6.GLOBAL INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
7.GLOBAL INVASIVE SENSORS FOR IMAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8.GLOBAL INVASIVE SENSORS FOR SURGICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9.GLOBAL INVASIVE SENSORS FOR MONITORING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10.GLOBAL INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
11.GLOBAL INVASIVE SENSORS FOR HOSPITALS AND DIAGNOSTIC CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12.GLOBAL INVASIVE SENSORS FOR AMBULATORY SURGICAL CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13.GLOBAL INVASIVE SENSORS FOR RESEARCH LABORATORIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14.GLOBAL INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
15.NORTH AMERICAN INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16.NORTH AMERICAN INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
17.NORTH AMERICAN INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
18.NORTH AMERICAN INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
19.EUROPEAN INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20.EUROPEAN INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
21.EUROPEAN INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22.EUROPEAN INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
23.ASIA-PACIFIC INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24.ASIA-PACIFIC INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
25.ASIA-PACIFIC INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26.ASIA-PACIFIC INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
27.REST OF THE WORLD INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28.REST OF THE WORLD INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
29.REST OF THE WORLD INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
30.REST OF THE WORLD INVASIVE SENSORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1.IMPACT OF COVID-19 ON GLOBAL INVASIVE SENSORS MARKET, 2021-2028 ($ MILLION)
2.IMPACT OF COVID-19 ON GLOBAL INVASIVE SENSORS MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3.RECOVERY OF GLOBAL INVASIVE SENSORS MARKET, 2021-2028 (%)
4.GLOBAL INVASIVE SENSORS MARKET SHARE BY PRODUCT TYPE, 2021 VS 2028 (%)
5.GLOBAL INVASIVE BIOSENSOR MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6.GLOBAL INVASIVE IMAGE SENSOR MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7.GLOBAL INVASIVE TEMPERATURE SENSOR MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8.GLOBAL INVASIVE PRESSURE SENSOR MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9.GLOBAL INVASIVE SENSORS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
10.GLOBAL INVASIVE SENSORS FOR IMAGING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11.GLOBAL INVASIVE SENSORS FOR SURGICAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12.GLOBAL INVASIVE SENSORS OR MONITORING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13.GLOBAL INVASIVE SENSORS MARKET SHARE BY END-USER, 2021 VS 2028 (%)
14.GLOBAL INVASIVE SENSORS FOR HOSPITALS AND DIAGNOSTIC CENTERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15.GLOBAL INVASIVE SENSORS FOR AMBULATORY SURGICAL CENTERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16.GLOBAL INVASIVE SENSORS FOR RESEARCH LABORATORIES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17.GLOBAL INVASIVE SENSORS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18.US INVASIVE SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
19.CANADA INVASIVE SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
20.UK INVASIVE SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
21.FRANCE INVASIVE SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
22.GERMANY INVASIVE SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
23.ITALY INVASIVE SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
24.SPAIN INVASIVE SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
25.REST OF EUROPE INVASIVE SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
26.INDIA INVASIVE SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
27.CHINA INVASIVE SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
28.JAPAN INVASIVE SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
29.SOUTH KOREA INVASIVE SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
30.REST OF ASIA-PACIFIC INVASIVE SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
31.REST OF THE WORLD INVASIVE SENSORS MARKET SIZE, 2021-2028 ($ MILLION)
