Disposable Medical Sensors Market is Booming Across the Globe by Share, Size, Growth, Segments and Forecast 2021-2027

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Disposable Medical Sensors
Disposable Medical Sensors

Disposable medical sensors have been identified as cost-effective and powerful tools for monitoring and diagnosing diseases as well as vital human parameters, as well as for a wide range of therapeutic applications. Sensor-based devices have improved and expanded over time in terms of functionality and applications. Patient monitoring and diagnostic devices that incorporate disposable medical sensors for treatment of these patients are expected to drive market growth. 

Furthermore, advances in micro-technologies such as microfluidic chips, medical MEMS, and lab-on-a-chip technologies are expected to drive Disposable Medical Sensors Market growth over the forecast period. According to a study published in the MEMS Journal in 2018, disposable and non-disposable medical sensors are beneficial in miniaturising MEMS components and systems, as well as lowering the cost of the systems. Unfavorable reimbursement policies for medical devices with disposable sensors, on the other hand, are expected to stifle market growth.

Market Trends

Demand for Disposable Medical Sensors Market is expected to rise as the incidence of chronic diseases rises, resulting in a greater need for faster and more efficient diagnostics, therapeutics, and patient monitoring. Cardiovascular diseases, diabetes, cancer, strokes, chronic obstructive pulmonary disease, and obesity are just a few of the most common chronic diseases around the world. According to the World Health Organization (WHO), the global prevalence of cancer has increased from 4.7 percent of the total global population in 1980 to 8.5 percent in 2014, resulting in nearly 422 million cancer patients. Furthermore, according to the World Health Organization, the Global Burden Disease Study estimates that 251 million people worldwide suffer from chronic obstructive pulmonary disease (COPD) in 2016.

One of the key factors driving the Disposable Medical Sensors Market growth is the rising prevalence of chronic medical conditions such as cancer, diabetes, asthma, and stroke. Furthermore, widespread adoption of at-home and point-of-care (PoC) diagnostic devices for elderly and post-operative rehabilitation patients is propelling the market forward. Medical sensors that are disposable are very cost-effective, easy to use, and provide quick and accurate results. In line with this, an increase in the number of hospital-acquired infections (HAIs), which can be avoided by using single-patient disposable medical sensors, is fueling market growth.

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