Disposable Medical Sensors Market Present Scenario And The Growth Prospects 2030
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.
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.
Diagnostic, imaging, therapeutic, and patient monitoring devices make use of disposable sensors. Among these, diagnostic devices themselves include blood glucose, human immunodeficiency virus (HIV), pregnancy, and drug and alcohol test trips. Due to the increasing incidence of diabetes, disposable sensors are integrated in the highest numbers in blood glucose monitors. According to the WHO, between 1980 and 2014, the number of diabetes patients increased from 108 million to 422 million. An important aspect of diabetes management is tracking the blood sugar levels, which is why blood glucose test strips are in high demand.
Get More Insights: Disposable Medical Sensors Market Revenue Estimation and Growth Forecast Report
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.
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