The global disposable medical sensor market was US$ 6,710 million in 2021. The global disposable medical sensor market is forecast to grow to US$ 12,740 million by 2030 by growing at a compound annual growth rate (CAGR) of 8.1% during the forecast period from 2022 to 2030.

Disposable medical sensors are used to measure body temperature, heart rate, breathing, etc. They are cost-effective scanning devices that are efficient in diagnosing and monitoring various diseases.

Factors Influencing the Market

The growing deployment of biosensors and the increasing use of implantable sensors for technological advancements will fuel the growth of the global disposable medical sensor market. On the contrary, stringent government regulations may limit the growth of the global disposable medical sensor market during the study period.

The availability of precise, cost-effective, and handy solutions is forecast to surge the growth of the market. In addition, they offer ease of treatment and accurate monitoring outcomes. Such benefits are forecast to boost the growth of the global disposable medical sensor market during the forecast period.

New technological breakthroughs are likely to benefit the global disposable medical sensor market. In addition, the growing prevalence of diseases and increasing demand for novel technology will offer ample growth opportunities for the market.

COVID-19 Impact Analysis

The COVID-19 pandemic has had a negative impact on the global disposable medical sensor market. It is due to manufacturing disruptions and a shortage of raw materials. In addition, import-export restrictions further challenged the global disposable medical sensor market.

Regional Analysis

North America is forecast to hold the highest share in the global disposable medical sensor market. The growth of the region is attributed to the contributions of prominent industry players present in the region. In addition, increasing advancements and the presence of well-established healthcare infrastructure are likely to contribute to the market growth. Asia-Pacific is forecast to emerge as the fastest-growing disposable medical sensor market. It is due to rising medical tourism and increasing health awareness among the population.

Competitors in the Market

Medtronic plc
General Electric Company (GE Healthcare)
Danaher Corporation
Honeywell International, Inc.
Smiths Group plc (Smiths Medical)
STMicroelectronics
Omnivision Technologies, Inc.
TE Connectivity (TE)
First Sensor
Koninklijke Philips N.V.
MEMSIC, Inc.
Universal Biosensors, Inc.
Biosensors International Group
Ambu A/S
GeekWire, LLC.
Other Prominent Players
Market Segmentation

The global disposable medical sensor market segmentation focuses on Product, Placement, Application, End-User, and Region.

By Product

Biosensors
Temperature Sensors
Pressure Sensors
Image Sensors
Accelerometer/Patient Position Sensors
Others
By Placement Type

Wearable Sensors
Implantable Sensors
Ingestible Sensors
Invasive Sensors
Strip Sensors
By Application

Patient Monitoring
Continuous Blood Pressure Monitoring
Implantable Loop Recorders
Cardiac Monitoring Electrodes
Pulse Oximeters
Smart Pills
Continuous Blood Glucose Monitoring (CGM)
Others
Diagnostics
Capsule Endoscopes
HIV Test Strip Sensors
Pregnancy Test Strip Sensors
Drug and Alcohol Test Strip Sensors
Blood Glucose Test Strip Sensors
Therapeutics
Insulin Pump Sensors
Cardiac Therapeutic Electrode Sensors
Cardiac Catheter Sensors
By End-User

Hospitals
Home Care
Diagnostic Laboratories
Clinics
By Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America