Research and Markets (http://www.researchandmarkets.com/research/zncmxz/disposable) has announced the addition of the "Disposable Medical Device Sensors Market Global Forecast to 2020" report to their offering.
The global market is estimated to reach USD 5,936 Million by 2020, growing at a CAGR of 10.3% during the forecast period.
The disposable medical device sensors market is primarily driven by the continuously increasing healthcare expenditure, increasing incidence of healthcare acquired infections, high prevalence of diabetes and other cardiovascular diseases and growing pressure on healthcare organizations to curtail healthcare costs with the rising incidences of chronic disorders and increasing geriatric population. In addition the increasing demand for point of diagnostics and self-health management devices is also expected to contribute to the growth of the global disposable market in the coming years.
North America is the largest regional segment of the global disposable medical device sensors market; it accounted for the largest share of 40.8% of the market in 2014, followed by Europe, Asia-Pacific, Latin America, and the Middle East Africa. The large share of this region can be attributed to the increasing incidence of HAIs, the need to curtail rising healthcare costs, and the wide use of sensor-based disposable medical devices and hospitals in North America.
China, India, and Brazil are expected to offer significant growth opportunities for market players in the forecast period owing to the rising geriatric population, growing per capita income, changing lifestyles, increasing investments in the healthcare industry by key market players, rising demand for advanced technologies, and expansion of private-sector hospitals to rural areas in these countries.
Companies Profiled:
- Analog Devices, Inc.
- Freescale Semiconductor, Inc.
- GE Healthcare
- Honeywell International, Inc.
- Medtronic PLC
- Omnivision Technologies Inc.
- Philips Healthcare
- Smiths Medical
- Stmicroelectronics N.V.
- TE Connectivity
Report Structure:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Global Disposable Medical Device Sensors Market, By Product
8 Global Disposable Medical Device Sensors Market, By Placement of Sensors
9 Global Disposable Medical Device Sensors Market, By Application
10 Global Disposable Medical Device Sensors Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information visit http://www.researchandmarkets.com/research/zncmxz/disposable
View source version on businesswire.com: http://www.businesswire.com/news/home/20160309005869/en/
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Sector: Diagnostics, Hospital Disposables