The growing demand for low-cost medical equipment and rising prevalence of healthcare-associated infections (HAIs) are the major factors positively influencing the growth of the disposable medical sensors market.
The key factor driving the disposable medical sensors market is the increasing prevalence of HAIs. These infections are also known as nosocomial infections, meaning that their symptoms weren’t present in the patient at the time of hospital admission. As reported by the World Health Organization, at any given time, the prevalence of HAIs in developed countries varies between 3.5%–12.0%. The prevalence of these infections in low and middle-income countries is higher (5.7%–19.1%) than developed nations, which is leading to the popularity of homecare alternatives.
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The disposable medical sensors market is segmented by geography, product, application, and placement of sensor. Ingestible, strip, invasive, wearable, and implantable sensors are the categories of the placement of sensor segment. The ingestible sensors category is expected to grow the fastest, at a 22.1% CAGR, during the forecast period. This can be attributed to the increasing focus on wireless diagnostic imaging and patient monitoring systems.
The application segment of the disposable medical sensors market is classified into imaging, diagnostic, patient monitoring, and therapeutic devices. During the historical period, the diagnostic devices classification led the market and would do so during the forecast period too. But during the forecast period, the imaging devices classification is projected to grow the fastest, owing to the increasing use of complementary metal-on silicon oxide semiconductor (CMOS) image sensors that provide 3D imaging, precision manipulation, and higher resolution.
Therefore, the market for disposable medical sensors is expected to prosper during the forecast period owing to the increasing prevalence of various diseases and popularity of homecare facilities.
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This post was originally published on Raleigh Recorder