Health Sensors Market Size, Share & Trends Analysis Report By Product (Wearable, Ingestible/Implantable), By Application (Wellness Monitoring, Sensor Therapeutics), By Region, And Segment Forecasts, 2018 - 2025

Published: Jun, 2018 | Pages: 120 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global health sensors market size is expected to reach USD 83.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 17.0% during the forecast period. Rising geriatric population and burden of chronic diseases are the key factors positively affecting market growth.

Reduced physical activities and increased consumption of unhealthy food disturb the hormonal and cholesterol levels. Moreover, this also leads to a rise in cardiac conditions. According to the WHO, in 2012, approximately 17.5 million people in the world died because of cardiovascular diseases. Thus, demand for better monitoring and management of these disease is increasing. These sensors, are anticipated to help in the management of chronic diseases, as they can monitor, record, and transmit vital signs of the patient. These sensors can also help in therapeutics, measuring the amount of drug actually absorbed in the body.

Growing geriatric population worldwide is expected to drive the market growth during the forecast period. According to the National Institutes of Health (NIH), in 2010, the number of people aged 65 or more was around 524 million. It constituted about 8.0% of total global population and is estimated to triple and reach 1.5 billion by 2050, accounting for around 16.0% of global population. Health sensors help reduce healthcare spending by remotely monitoring disease progression and sending out medical alerts in an emergency situation.

Hospitals and other settings charge high for diagnosis and testing. To avoid this, people use home-based medical sensors such as glucose monitoring and pregnancy kits. These home-based medical sensors offer faster results. Home-based testing kits are also cost-effective and easy to operate.

Further key findings from the report suggest:

• The ingestible/implantable sensors segment is projected to ascend at a CAGR of 17.5% over the forecast period

• Chronic illness and at-risk monitoring application dominated with a global market share of over 18.0% in 2016

• The U.S. health sensors market is anticipated to exceed USD 22.0 billion by 2025

• Asian countries, especially India and China are expected to observe a remarkable growth in next five years

• The health sensors market is oligopolistic and competitive in nature due to the launch of innovative products

• Some of the key companies present in the market are Analog Devices, Inc.; Avago Technologies Ltd.; Danaher Corporation; GE Healthcare; Honeywell International, Inc.; Medtronic Plc.; Smiths Medical, Inc.; Koninklijke Philips; Proteus Digital Health; Sensirion AG; Stryker Corporation; Abbott Laboratories; Roche; Hologic; and Varian Medical System.

 Table of Contents

Chapter 1 Executive Summary
                  1.1 Health Sensor Market Snapshot

Chapter 2 Research Methodology & Scope
                  2.1 Information Procurement
                  2.2 Data Analysis
                  2.3 Region Wise Market Calculation
                      2.3.1 Region Wise Market: Base Estimates
                      2.3.2 Global Market: CAGR Calculation
                  2.4 Region Based Segment Share Calculation
                  2.5 List of Secondary Sources

Chapter 3 Health Sensors Industry Outlook
                  3.1 Market Segmentation
                  3.2 Business Segment Trends
                      3.2.1 Type Based
                      3.2.2 Region based
                  3.3 Health Sensors Market Dynamics
                      3.3.1 Market driver analysis
                          3.3.1.1 Rising prevalence of chronic diseases
                          3.3.1.2 Growing geriatric population
                          3.3.1.3 Growing demand for home healthcare monitoring
                          3.3.1.4 Increasing use of medical sensors in laboratories
                      3.3.2 Market restraint analysis
                          3.3.2.1 High cost of medical sensors
                          3.3.2.2 Risk of data breach.
                  3.4 Analyst Perspective: Market Movement Over Forecast Period
                  3.5 Health Sensors PEST Analysis
                      3.5.1 Political & Legal
                      3.5.2 Economic
                      3.5.3 Technological
                  3.6 Health Sensors Porter Analysis
                      3.6.1 Bargaining power of buyers: High
                      3.6.2 Bargaining power of suppliers: Moderate
                      3.6.3 Competitive rivalry: High
                      3.6.4 Threat of new entrants: Moderate
                      3.6.5 Threat of substitutes: Moderate
                  3.7 Prospective New Entrants
                  3.8 Regulatory and Political Forces

Chapter 4 Health Sensors Market: Application Estimates & Trend Analysis
                  4.1 Health sensors market: Application movement analysis
                  4.2 Health sensors market: product movement analysis
                  4.3 Wellness Monitoring
                      4.3.1 Wellness monitoring sensors market, 2014 - 2025 (USD Million)
                  4.4 Chronic Illness and At-risk Monitoring
                      4.4.1 Chronic illness and at-risk monitoring sensors market, 2014 - 2025 (USD Million)
                  4.5 Patient Admission Triage
                      4.5.1 Patient admission triage sensors market, 2014 - 2025 (USD Million)
                  4.6 Logistical Tracking
                      4.6.1 Logistical tracking sensors market, 2014 - 2025 (USD Million)
                  4.7 In-hospital Clinical Monitoring
                      4.7.1 In hospital clinical monitoring sensors market, 2014 - 2025 (USD Million)
                  4.8 Sensor Therapeutics
                      4.8.1 Sensor therapeutics market, 2014 - 2025 (USD Million)
                  4.9 Postacute monitoring
                      4.9.1 Postacute montoring sensors market, 2014 - 2025 (USD Million)
                          4.9.1.1 Home based postacute monitoring
                              4.9.1.1.1 Home based postacute montoring sensors market, 2014 - 2025 (USD Million)
                          4.9.1.2 Other Postacute monitoring
                              4.9.1.2.1 Other postacute montoring sensors market, 2014 - 2025 (USD Million)

Chapter 5 Health Sensors Market: Product Estimates & Trend Analysis
                  5.1 Health sensors market: Product movement analysis
                      5.1.1 Health sensors market: product movement analysis
                      5.1.2 Hand Held Diagnostic Sensors
                          5.1.2.1 Hand held diagnostics health sensors market, 2014 - 2025 (USD Million)
                      5.1.3 Wearable Sensors
                          5.1.3.1 Wearable health sensors market, 2014 - 2025 (USD Million)
                      5.1.4 Ingestible/Implantable Sensors
                          5.1.4.1 Ingestible/Implantable health sensors market, 2014 - 2025 (USD Million)

Chapter 6 Health Sensors Market : Regional Estimates & Trend Analysis, by Products and Application
                  6.1 Health sensors market share by region, 2016 & 2024
                      6.1.1 North America
                      6.1.2 North America health sensors market, 2014 - 2025 (USD Million)
                      6.1.3 U.S.
                          6.1.3.1 U.S. health sensors market, 2014 - 2025 (USD Million)
                      6.1.4 Canada
                          6.1.4.1 Canada health sensors market, 2014 - 2025 (USD Million)
                  6.2 Europe
                      6.2.1 Europe health sensors market, 2014 - 2025 (USD Million)
                      6.2.2 U.K.
                          6.2.2.1 U.K. health sensors market, 2014 - 2025 (USD Million)
                      6.2.3 Germany
                          6.2.3.1 Germany health sensors market, 2014 - 2025 (USD Million)
                  6.3 Asia Pacific
                      6.3.1 Asia Pacific health sensors market, 2014 - 2025 (USD Million)
                      6.3.2 Japan
                          6.3.2.1 Japan health sensors market, 2014 - 2025 (USD Million)
                      6.3.3 China
                          6.3.3.1 China health sensors market, 2014 - 2025 (USD Million)
                  6.4 Latin America
                      6.4.1 Latin America health sensors market, 2014 - 2025 (USD Million)
                      6.4.2 Brazil
                          6.4.2.1 Brazil health sensors market, 2014 - 2025 (USD Million)
                      6.4.3 Mexico
                          6.4.3.1 Mexico health sensors market, 2014 - 2025 (USD Million)
                  6.5 MEA
                      6.5.1 MEA health sensors market, 2014 - 2025 (USD Million)
                      6.5.2 South Africa
                          6.5.2.1 South Africa health sensors market, 2014 - 2025 (USD Million)
                      6.5.3 Saudi Arabia
                          6.5.3.1 Saudi Arabia health sensors market, 2014 - 2025 (USD Million)

Chapter 7 Competitive Landscape
                  7.1 Company Market Share
                  7.2 List of Key Companies, by product class
                  7.3 Analog Devices Inc.
                      7.3.1 Company Overview
                      7.3.2 Financial Performance
                      7.3.3 Product Benchmarking
                      7.3.4 Strategic Initiatives
                  7.4 Avago Technologies Ltd
                      7.4.1 Company Overview
                      7.4.2 Financial Performance
                      7.4.3 Product Benchmarking
                      7.4.4 Strategic Initiatives
                  7.5 Danaher Corporation
                      7.5.1 Company Overview
                      7.5.2 Financial Performance
                      7.5.3 Product Benchmarking
                      7.5.4 Strategic Initiatives
                  7.6 GE Healthcare
                      7.6.1 Company Overview
                      7.6.2 Financial Performance
                      7.6.3 Product Benchmarking
                      7.6.4 Strategic Initiatives
                  7.7 Honeywell International Inc.
                      7.7.1 Company Overview
                      7.7.2 Financial Performance
                      7.7.3 Product Benchmarking
                      7.7.4 Strategic Initiatives
                  7.8 Medtronic Plc.
                      7.8.1 Company Overview
                      7.8.2 Financial Performance
                      7.8.3 Product Benchmarking
                      7.8.4 Strategic Initiatives
                  7.9 Smiths Medical Inc.
                      7.9.1 Company Overview
                      7.9.2 Financial Performance
                      7.9.3 Product Benchmarking
                      7.9.4 Strategic Initiatives
                  7.10 Koninklijke Philips
                      7.10.1 Company Overview
                      7.10.2 Financial Performance
                      7.10.3 Product Benchmarking
                      7.10.4 Strategic Initiatives
                  7.11 Proteus Digital Health
                      7.11.1 Company Overview
                      7.11.2 Product Benchmarking
                      7.11.3 Strategic Initiatives
                  7.12 Sensirion AG
                      7.12.1 Company Overview
                      7.12.2 Financial Performance
                      7.12.3 Product Benchmarking
                      7.12.4 Strategic Initiatives
                  7.13 Stryker Corporation
                      7.13.1 Company Overview
                      7.13.2 Financial Performance
                      7.13.3 Product Benchmarking
                      7.13.4 Strategic Initiatives
                  7.14 Abbott Laboratories
                      7.14.1 Company Overview
                      7.14.2 Financial Performance
                      7.14.3 Product Benchmarking
                      7.14.4 Strategic Initiatives
                  7.15 Roche
                      7.15.1 Company Overview
                      7.15.2 Financial Performance
                      7.15.3 Product Benchmarking
                      7.15.4 Strategic Initiatives
                  7.16 Hologic
                      7.16.1 Company Overview
                      7.16.2 Financial Performance
                      7.16.3 Product Benchmarking
                  7.17 Varian Medical System
                      7.17.1 Company Overview
                      7.17.2 Financial Performance
                      7.17.3 Product Benchmarking
                      7.17.4 Strategic Initiatives

List of Tables

TABLE 1 Country share estimation
TABLE 2 North America geriatric population (Over 60 Years) (Million) (2014 - 2024)
TABLE 3 Europe geriatric population (Over 60 Years) (Million) (2014 - 2024)
TABLE 4 Asia geriatric population (Over 60 Years) (Million) (2014 - 2024)
TABLE 5 Latin America geriatric population (Over 60 Years) (Million) (2014 - 2024)
TABLE 6 Africa geriatric population (Over 60 Years) (Million) (2014 - 2024)
TABLE 7 Global health sensors market estimates & forecasts from hand-held diagnostic sensors, 2014 - 2025 (USD Million)
TABLE 8 Global health sensors market estimates & forecasts from wearable sensors, 2014 - 2025 (USD Million)
TABLE 9 Global health sensors market estimates & forecasts from implantable/ingestible sensors, 2014 - 2025 (USD Million)
TABLE 10 U.S. health sensors market estimates and forecasts, 2014 - 2025 (USD Million)
TABLE 11 U.S. health sensors market revenue, by product, 2014 - 2025 (USD Million)
TABLE 12 U.S. health sensors market revenue, by application, 2014 - 2025 (USD Million)
TABLE 13 Canada health sensors market estimates and forecasts, 2014 - 2025 (Million bbl) (USD Million)
TABLE 14 Canada health sensors market revenue, by product, 2014 - 2025 (USD Million)
TABLE 15 Canada health sensors market revenue, by application, 2014 - 2025 (USD Million)
TABLE 16 Europe health sensors market estimates and forecasts, 2014 - 2025 (Million bbl) (USD Million)
TABLE 17 Europe health sensors market revenue, by product, 2014 - 2025 (USD Million)
TABLE 18 Europe health sensors market revenue, by application, 2014 - 2025 (USD Million)
TABLE 19 U.K. health sensors market estimates and forecasts, 2014 - 2025 (Million bbl) (USD Million)
TABLE 20 U.K. health sensors market revenue, by product, 2014 - 2025 (USD Million)
TABLE 21 U.K. health sensors market revenue, by application, 2014 - 2025 (USD Million)
TABLE 22 U.K. health sensors implantable/ingestible sensorss market revenue, 2014 - 2025 (USD Million)
TABLE 23 Germany health sensors market estimates and forecasts, 2014 - 2025 (Million bbl) (USD Million)
TABLE 24 Germany health sensors market revenue, by product, 2014 - 2025 (USD Million)
TABLE 25 Germany health sensors market revenue, by application, 2014 - 2025 (USD Million)
TABLE 26 Asia Pacific health sensors market estimates and forecasts, 2014 - 2025 (USD Million)
TABLE 27 Asia Pacific health sensors market revenue, by product, 2014 - 2025 (USD Million)
TABLE 28 Asia Pacific health sensors market revenue, by application, 2014 - 2025 (USD Million)
TABLE 29 China health sensors market estimates and forecasts, 2014 - 2025 (Million bbl) (USD Million)
TABLE 30 China health sensors market revenue, by product, 2014 - 2025 (USD Million)
TABLE 31 China health sensors market revenue, by application, 2014 - 2025 (USD Million)
TABLE 32 Japan health sensors market estimates and forecasts, 2014 - 2025 (USD Million)
TABLE 33 Japan health sensors market revenue, by product, 2014 - 2025 (USD Million)
TABLE 34 Japan health sensors market revenue, by application, 2014 - 2025 (USD Million)
TABLE 35 MEA health sensors market estimates and forecasts, 2014 - 2025 (Million bbl) (USD Million)
TABLE 36 MEA health sensors market revenue, by product, 2014 - 2025 (USD Million)
TABLE 37 MEA health sensors market revenue, by application, 2014 - 2025 (USD Million)
TABLE 38 South Africa health sensors market revenue, by product, 2014 - 2025 (USD Million)
TABLE 39 South Africa health sensors market revenue, by application, 2014 - 2025 (USD Million)
TABLE 40 Saudi Arabia health sensors market revenue, by product, 2014 - 2025 (USD Million)
TABLE 41 Saudi Arabia health sensors market revenue, by application, 2014 - 2025 (USD Million)
TABLE 42 LATAM health sensors market estimates and forecasts, 2014 - 2025 (USD Million)
TABLE 43 LATAM health sensors market volume, by product, 2014 - 2025 (Million bbl)
TABLE 44 LATAM health sensors market revenue, by product, 2014 - 2025 (USD Million)
TABLE 45 LATAM health sensors market volume, by application, 2014 - 2025 (Million bbl)
TABLE 46 LATAM health sensors market revenue, by application, 2014 - 2025 (USD Million)
TABLE 47 LATAM health sensors implantable/ingestible sensorss market revenue, 2014 - 2025 (USD Million)
TABLE 48 Brazil health sensors market estimates and forecasts, 2014 - 2025 (Million bbl) (USD Million)
TABLE 49 Brazil health sensors market revenue, by product, 2014 - 2025 (USD Million)
TABLE 50 Brazil health sensors market revenue, by application, 2014 - 2025 (USD Million)
TABLE 51 Brazil health sensors market estimates and forecasts, 2014 - 2025 (Million bbl) (USD Million)
TABLE 52 Brazil health sensors market revenue, by product, 2014 - 2025 (USD Million)
TABLE 53 Brazil health sensors market revenue, by application, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Health Sensors Market Summary, (USD million) 2016
FIG. 2 Market research process
FIG. 3 Information procurement
FIG. 4 Primary research pattern
FIG. 5 Market research approaches
FIG. 6 Value chain based sizing & forecasting
FIG. 7 QFD modelling for market share assessment
FIG. 8 Health Sensors: Market Segmentation
FIG. 9 Health sensors market revenue, (USD Million), 2014-2025
FIG. 10 Health sensors: Market dynamics
FIG. 11 Market driver relevance analysis (Current & future impact)
FIG. 12 Severely obese adult population globally, 2014
FIG. 13 Global geriatric population, 2014 - 2024 (Million)
FIG. 14 Global geriatric population, 2014 - 2024 (Million)
FIG. 15 Percentage of geriatric population in European countries, 2015
FIG. 16 Percentage of geriatric population in European countries, 2015
FIG. 17 Treatment cost by healthcare settings (Average cost per day in USD)
FIG. 18 Market driver relevance analysis (Current & future impact)
FIG. 19 Key opportunities prioritized
FIG. 20 Health Sensors PEST Analysis
FIG. 21 Health sensors Porter Analysis
FIG. 22 Health sensors market: Product outlook & key takeaways
FIG. 23 Health sensors market: product movement analysis
FIG. 24 Wellness monitoring sensors market, 2014 - 2024 (USD Million)
FIG. 25 Chronic illness and at-risk monitoring sensors market, 2014 - 2024 (USD Million)
FIG. 26 Patient admission triage sensors market, 2014 - 2024 (USD Million)
FIG. 27 Logistical tracking sensors market, 2014 - 2024 (USD Million)
FIG. 28 In hospital clinical monitoring sensors market, 2014 - 2024 (USD Million)
FIG. 29 Sensor therapeutics market, 2014 - 2024 (USD Million)
FIG. 30 Postacute montoring sensors market, 2014 - 2024 (USD Million)
FIG. 31 Home based postacute montoring sensors market, 2014 - 2024 (USD Million)
FIG. 32 Other postacute montoring sensors market, 2014 - 2024 (USD Million)
FIG. 33 Health sensors market:Products outlook & key takeaways
FIG. 34 Health sensors market: product movement analysis
FIG. 35 Hand held diagnostics health sensors market, 2014 - 2025 (USD Million)
FIG. 36 Wearable health sensors market, 2014 - 2025 (USD Million)
FIG. 37 Ingestible/Implantable health sensors market, 2014 - 2025 (USD Million)
FIG. 38 Regional market place: Key takeaways
FIG. 39 Regional outlook, 2016 & 2025
FIG. 40 North America heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 41 U.S. heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 42 Canada heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 43 Europe heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 44 U.K. heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 45 Germany heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 46 Asia Pacific heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 47 Japan heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 48 China heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 49 Latin America heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 50 Brazil heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 51 Mexico heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 52 MEA heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 53 South Africa heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 54 Saudi Arabia heatlh sensors market, 2014 - 2025 (USD Million)
FIG. 55 Company Market share, (%) 2016