Biomedical Sensor Market
Biomedical Sensor Market Forecasts to 2030 - Global Analysis By Product Type (Invasive Sensors and Non-Invasive Sensors), Sensor Type (Physical Sensors, Chemical Sensors, Biological Sensors and Bioanalytic Sensors), Connectivity (Wired and Wireless), Application, End User and By Geography
According to Stratistics MRC, the Global Biomedical Sensor Market is accounted for $10.7 billion in 2024 and is expected to reach $17.8 billion by 2030, growing at a CAGR of 8.8% during the forecast period. A biomedical sensor is a device used to monitor a person's health by detecting and measuring biological signals or parameters, such as temperature, blood pressure, heart rate, or glucose levels. These sensors help with disease diagnosis, treatment monitoring, and patient care by converting physiological data into electrical signals for analysis. Wearable technology, diagnostic tools, and medical implants all use biomedical sensors to provide real-time health monitoring and enable tailored medical interventions for better results.
According to the World Health Organization (WHO), chronic diseases such as cardiovascular diseases and diabetes affected approximately 537 million adults globally in 2021.
Market Dynamics:
Driver:
Increased demand for patient monitoring
The growing prevalence of chronic diseases and an aging population have led to increased demand for patient monitoring systems. Biomedical sensors enable continuous, real-time monitoring of vital signs and other health parameters, allowing for early detection of health issues and timely interventions. This trend is driving the adoption of biomedical sensors in healthcare settings and home care environments, fueling market growth.
Restraint:
Security concerns
The integration of biomedical sensors with connected devices and networks raises concerns about data security and patient privacy. Unauthorized access to sensitive health information could lead to breaches of confidentiality and potential misuse of data. These security risks may hinder the widespread adoption of biomedical sensors, particularly in healthcare institutions and among privacy-conscious individuals, thus restraining market growth.
Opportunity:
Growing healthcare expenditure
Increasing healthcare expenditure worldwide presents a significant opportunity for the biomedical sensors market. As governments and private sectors invest more in healthcare infrastructure and advanced medical technologies, the demand for sophisticated monitoring and diagnostic tools incorporating biomedical sensors is expected to rise. This trend is particularly pronounced in emerging economies, where healthcare systems are rapidly modernizing.
Threat:
Changes in healthcare regulations
The biomedical sensors market faces potential threats from evolving healthcare regulations and standards. Stringent regulatory requirements for medical devices, including sensors, can lead to longer product development cycles and increased costs. Additionally, changes in reimbursement policies may affect the adoption of sensor-based technologies in healthcare settings. These regulatory uncertainties could pose challenges to market players and impact growth trajectories.
Covid-19 Impact:
The COVID-19 pandemic significantly impacted the biomedical sensors market. Initially, supply chain disruptions and manufacturing slowdowns caused temporary setbacks. However, the pandemic also accelerated the adoption of remote patient monitoring solutions and telehealth services, driving demand for biomedical sensors. The need for continuous monitoring of COVID-19 patients' vital signs in hospitals and home care settings further boosted market growth. Long-term effects include increased awareness of personal health monitoring and a shift towards preventive healthcare, benefiting the biomedical sensors market.
The non-invasive sensors segment is expected to be the largest during the forecast period
The non-invasive sensors segment is predicted to secure the largest market share throughout the forecast period due to their advantages in patient comfort and ease of use. These sensors can monitor various physiological parameters without breaking the skin or entering body cavities, making them ideal for continuous monitoring and home healthcare applications. Non-invasive sensors also offer reduced risk of infection and complications compared to invasive alternatives. The growing preference for minimally invasive medical procedures and the increasing adoption of wearable health devices contribute to this segment's dominance.
The bioanalytic sensors segment is expected to have the highest CAGR during the forecast period
The bioanalytic sensors segment is projected to witness substantial growth during the projection period. These sensors are designed to detect and measure specific biological or chemical substances in the body, offering high sensitivity and selectivity. The increasing focus on personalized medicine, point-of-care diagnostics, and continuous monitoring of biomarkers for various diseases drives the demand for bioanalytic sensors. Furthermore, advancements in nanotechnology and materials science are enhancing the capabilities of these sensors, enabling rapid, accurate, and cost-effective analysis of complex biological samples.
Region with largest share:
North America is expected to hold the largest share in the biomedical sensors market during the forecast period. This dominance is attributed to several factors, including advanced healthcare infrastructure, high healthcare expenditure, and early adoption of innovative medical technologies. The region's strong presence of leading medical device manufacturers and research institutions contributes to continuous innovation in sensor technologies. Additionally, the high prevalence of chronic diseases and an aging population drive the demand for advanced patient monitoring solutions incorporating biomedical sensors.
Region with highest CAGR:
The Asia Pacific region is projected to achieve the highest CAGR in the biomedical sensors market. Rapid economic growth, increasing healthcare expenditure, and improving healthcare infrastructure in countries like China and India are driving market expansion. The region's large and growing population, coupled with rising awareness of preventive healthcare, creates a substantial market for biomedical sensors. Additionally, government initiatives to modernize healthcare systems and the increasing adoption of digital health technologies further contribute to the region's high growth rate in the market.
Key players in the market
Some of the key players in Biomedical Sensor Market include GE Healthcare, Analog Devices, Inc., STMicroelectronics N.V., Medtronic PLC, NXP Semiconductor N.V., Honeywell International Inc., Texas Instruments, Nonin Medical Inc., First Sensor AG, Smiths Medical, Measurement Specialties, Inc., LumaSense Technologies, Zephyr Technology Corp., Innovative Sensor Technology USA, and Amphenol Corporation.
Key Developments:
In October 2024, Medtronic has introduced the Nellcor™ OxySoft™ SpO2 sensor, which uses silicone adhesive to protect fragile skin and improve repositionability. This sensor is designed for critical care patients and provides continuous oxygen saturation monitoring.
In April 2024, Nonin Medical has partnered with Medixine to integrate pulse oximetry devices into a digital remote patient monitoring platform. This collaboration aims to streamline overnight oxygen therapy pre-screening using Nonin’s wearable devices.
In January 2024, Amphenol has expanded its sensor portfolio through acquisitions of companies like LID (pressure sensors) and PCTEL (wireless technology). These acquisitions will enhance Amphenol’s offerings in medical sensor technologies.
Product Types Covered:
• Invasive Sensors
• Non-Invasive Sensors
Sensor Types Covered:
• Physical Sensors
• Chemical Sensors
• Biological Sensors
• Bioanalytic Sensors
Connectivity’s Covered:
• Wired
• Wireless
Applications Covered:
• Vital Signs Monitoring
• Disease Diagnostics
• Surgical Monitoring
• Medical Imaging
• Therapeutic Monitoring
• Remote Patient Monitoring
• Drug Development and Discovery
• Other Applications
End Users Covered:
• Hospitals and Clinics
• Home Healthcare
• Diagnostic Centers
• Research and Academic Institutions
• Ambulatory Care Centers
• Sports and Fitness Institutes
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Biomedical Sensor Market, By Product Type
5.1 Introduction
5.2 Invasive Sensors
5.3 Non-Invasive Sensors
6 Global Biomedical Sensor Market, By Sensor Type
6.1 Introduction
6.2 Physical Sensors
6.2.1 Mechanical
6.2.2 Hydraulic
6.2.3 Geometric
6.2.4 Electric
6.2.5 Thermal
6.2.6 Optical
6.3 Chemical Sensors
6.3.1 Gas
6.3.2 Photometric
6.3.3 Electrochemical
6.3.4 Other Chemical Sensors
6.4 Biological Sensors
6.4.1 Body Surface Biopotential Electrode
6.4.2 Intracavitary and Intratissue Electrode
6.4.3 Metal Plate
6.4.4 Microelectrode
6.5 Bioanalytic Sensors
6.5.1 Enzymes
6.5.2 Protein
6.5.3 Antigen
6.5.4 Antibody
6.5.5 Ligand
6.5.6 Cell
6.5.7 DNA
7 Global Biomedical Sensor Market, By Connectivity
7.1 Introduction
7.2 Wired
7.3 Wireless
8 Global Biomedical Sensor Market, By Application
8.1 Introduction
8.2 Vital Signs Monitoring
8.3 Disease Diagnostics
8.4 Surgical Monitoring
8.5 Medical Imaging
8.6 Therapeutic Monitoring
8.7 Remote Patient Monitoring
8.8 Drug Development and Discovery
8.9 Other Applications
9 Global Biomedical Sensor Market, By End User
9.1 Introduction
9.2 Hospitals and Clinics
9.3 Home Healthcare
9.4 Diagnostic Centers
9.5 Research and Academic Institutions
9.6 Ambulatory Care Centers
9.7 Sports and Fitness Institutes
10 Global Biomedical Sensor Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 GE Healthcare
12.2 Analog Devices, Inc.
12.3 STMicroelectronics N.V.
12.4 Medtronic PLC
12.5 NXP Semiconductor N.V.
12.6 Honeywell International Inc.
12.7 Texas Instruments
12.8 Nonin Medical Inc.
12.9 First Sensor AG
12.10 Smiths Medical
12.11 Measurement Specialties, Inc.
12.12 LumaSense Technologies
12.13 Zephyr Technology Corp.
12.14 Innovative Sensor Technology USA
12.15 Amphenol Corporation
List of Tables
1 Global Biomedical Sensor Market Outlook, By Region (2022-2030) ($MN)
2 Global Biomedical Sensor Market Outlook, By Product Type (2022-2030) ($MN)
3 Global Biomedical Sensor Market Outlook, By Invasive Sensors (2022-2030) ($MN)
4 Global Biomedical Sensor Market Outlook, By Non-Invasive Sensors (2022-2030) ($MN)
5 Global Biomedical Sensor Market Outlook, By Sensor Type (2022-2030) ($MN)
6 Global Biomedical Sensor Market Outlook, By Physical Sensors (2022-2030) ($MN)
7 Global Biomedical Sensor Market Outlook, By Mechanical (2022-2030) ($MN)
8 Global Biomedical Sensor Market Outlook, By Hydraulic (2022-2030) ($MN)
9 Global Biomedical Sensor Market Outlook, By Geometric (2022-2030) ($MN)
10 Global Biomedical Sensor Market Outlook, By Electric (2022-2030) ($MN)
11 Global Biomedical Sensor Market Outlook, By Thermal (2022-2030) ($MN)
12 Global Biomedical Sensor Market Outlook, By Optical (2022-2030) ($MN)
13 Global Biomedical Sensor Market Outlook, By Chemical Sensors (2022-2030) ($MN)
14 Global Biomedical Sensor Market Outlook, By Gas (2022-2030) ($MN)
15 Global Biomedical Sensor Market Outlook, By Photometric (2022-2030) ($MN)
16 Global Biomedical Sensor Market Outlook, By Electrochemical (2022-2030) ($MN)
17 Global Biomedical Sensor Market Outlook, By Other Chemical Sensors (2022-2030) ($MN)
18 Global Biomedical Sensor Market Outlook, By Biological Sensors (2022-2030) ($MN)
19 Global Biomedical Sensor Market Outlook, By Body Surface Biopotential Electrode (2022-2030) ($MN)
20 Global Biomedical Sensor Market Outlook, By Intracavitary and Intratissue Electrode (2022-2030) ($MN)
21 Global Biomedical Sensor Market Outlook, By Metal Plate (2022-2030) ($MN)
22 Global Biomedical Sensor Market Outlook, By Microelectrode (2022-2030) ($MN)
23 Global Biomedical Sensor Market Outlook, By Bioanalytic Sensors (2022-2030) ($MN)
24 Global Biomedical Sensor Market Outlook, By Enzymes (2022-2030) ($MN)
25 Global Biomedical Sensor Market Outlook, By Protein (2022-2030) ($MN)
26 Global Biomedical Sensor Market Outlook, By Antigen (2022-2030) ($MN)
27 Global Biomedical Sensor Market Outlook, By Antibody (2022-2030) ($MN)
28 Global Biomedical Sensor Market Outlook, By Ligand (2022-2030) ($MN)
29 Global Biomedical Sensor Market Outlook, By Cell (2022-2030) ($MN)
30 Global Biomedical Sensor Market Outlook, By DNA (2022-2030) ($MN)
31 Global Biomedical Sensor Market Outlook, By Connectivity (2022-2030) ($MN)
32 Global Biomedical Sensor Market Outlook, By Wired (2022-2030) ($MN)
33 Global Biomedical Sensor Market Outlook, By Wireless (2022-2030) ($MN)
34 Global Biomedical Sensor Market Outlook, By Application (2022-2030) ($MN)
35 Global Biomedical Sensor Market Outlook, By Vital Signs Monitoring (2022-2030) ($MN)
36 Global Biomedical Sensor Market Outlook, By Disease Diagnostics (2022-2030) ($MN)
37 Global Biomedical Sensor Market Outlook, By Surgical Monitoring (2022-2030) ($MN)
38 Global Biomedical Sensor Market Outlook, By Medical Imaging (2022-2030) ($MN)
39 Global Biomedical Sensor Market Outlook, By Therapeutic Monitoring (2022-2030) ($MN)
40 Global Biomedical Sensor Market Outlook, By Remote Patient Monitoring (2022-2030) ($MN)
41 Global Biomedical Sensor Market Outlook, By Drug Development and Discovery (2022-2030) ($MN)
42 Global Biomedical Sensor Market Outlook, By Other Applications (2022-2030) ($MN)
43 Global Biomedical Sensor Market Outlook, By End User (2022-2030) ($MN)
44 Global Biomedical Sensor Market Outlook, By Hospitals and Clinics (2022-2030) ($MN)
45 Global Biomedical Sensor Market Outlook, By Home Healthcare (2022-2030) ($MN)
46 Global Biomedical Sensor Market Outlook, By Diagnostic Centers (2022-2030) ($MN)
47 Global Biomedical Sensor Market Outlook, By Research and Academic Institutions (2022-2030) ($MN)
48 Global Biomedical Sensor Market Outlook, By Ambulatory Care Centers (2022-2030) ($MN)
49 Global Biomedical Sensor Market Outlook, By Sports and Fitness Institutes (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
