The global population will increase from 7.7 billion currently to 9.7 billion by 2050, says the United Nations Department for Economic and Social Affairs (UNDESA), in its latest World Population Prospects report. With this, the hold of various chronic and acute diseases on the world is rising, as is of all other issues that can take someone to a doctor. With the growing demand for medical services, the number of hospitals and other healthcare settings is increasing. This is resulting in the surging requirement of various devices, instruments, and systems used at such places, as well as the individual components which make up such stuff, including sensors.
Access Report Summary - Disposable Medical Sensors Market Growth
Therefore, with the rising demand for healthcare, the disposable medical sensors market is advancing around the world. Accelerometers, biosensors, temperature sensors, pressure sensors, image sensors, and several other kinds of sensors are used in medical settings. Among these, the usage of image sensors is expected to increase the fastest in the years to come, because of the burgeoning adoption of complementary metal-oxide semiconductor (CMOS) image sensors with integrated functionality and high-performance attributes.
Due to their wide usage in such diagnostic devices, strip sensors witness the highest demand among all types of sensors, which also include wearable, implantable, invasive, and ingestible sensors. The major reason behind the usage of strip sensors for diagnostic applications is that they carry almost no chance of infections, offer fast results, and are extremely easy to use. Even the elderly can use them on their own, for instance, to test their blood sugar level, for calculating the units of insulin required. In the coming years, the demand for ingestible sensors will witness the sharpest rise, owing to the increasing preference for remote diagnostic imaging and patient monitoring services.
Across the globe, North America procures disposable medical sensors in the highest number, due to the growing investments on research and development (R&D) and rising geriatric population. Additionally, the incidence of HAIs is quite high here, with the Centers for Disease Control and Prevention (CDC) saying that every day, of every 31 hospital patients, one suffers from an HAI. In years to come, the disposable medical sensors market will grow the fastest in Asia-Pacific (APAC), with the rising chronic disease prevalence and geriatric population, R&D funding, and government initiatives.
Hence, as more medical settings are constructed to cater to the mushrooming patient pool, the same of disposable medical sensors will increase too.