Disposable Medical Sensors Market Demand, Latest Trend, Sales, Production, Supply, Key Manufacturers

The disposable medical sensors market size is projected to reach $8.9 billion by 2023, growing at a CAGR of 10.4% during 2017-2023. The market is growing mainly due to the increasing prevalence of health care-associated infections (HAIs), growing demand for low cost medical equipment, increasing R&D investments, and rising prevalence of diabetes and cardiovascular diseases. Download Free Sample Copy of Report: http://bit.ly/Disposable-Medical-Sensors The disposable medical sensors find application in diagnostic devices, therapeutic devices, patient monitoring devices, and imaging devices. The increase in prevalence of diabetes, led to the adoption of diagnostic devices for blood glucose monitoring, resulting into its largest contribution in the global disposable medical sensors market. Increasing use of CMOS image sensors that provides higher resolution, 3D imaging and precision manipulation, will act as key factors leading to the fastest growth in demand of disposable sensors for imaging devices, at a CAGR of 23.5% during the forecast period. The European market for disposable medical sensors is expected to reach $2.3 billion in 2023, growing at a CAGR of 9.8% between 2017-2023. Europe offers significant opportunities for the growth of disposable medical sensors market. These opportunities are characterized by the increasing adoption of clinically advanced and development of sensor technologies by pharmaceutical companies operating in the region. Over the Access Report Overview: https://www.psmarketresearch.com/market-analysis/disposable-medical-sensors-market Additionally, increase in rate of prevalence of chronic diseases such as diabetes and CVD are severely impacting the European population. According to the European Cardiovascular Disease Statistics (2017) published by the European Heart Network (EHN), CVD causes 3.9 million deaths in the Europe and more than 1.8 million deaths in the European Union (EU), every year. Increasing usage of sensors for diagnostic and prognostic application of various chronic diseases escalates the European disposable medical sensors market.