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Technology driven medical devices market

Manufacturing Group | January 6, 2014

Now available is the ‘Global Disposable Medical Devices Sensors Market - Forecast to 2018’ market report.

Research and Markets announces the addition of the "Global Disposable Medical Devices Sensors Market – Forecast to 2018" report to their offering.

The global disposable devices sensors market is technology driven and is marked by the Threat of Obsolescence,' wherein technologies as well as their adoption by medical device manufacturing companies, patients, and clinicians change very rapidly. The medical devices industry has seen a paradigm shift and is now focusing on disposable sensor-based devices, as these devices are comparatively less expensive and help in curbing hospital acquired infections (HAIs).

The ingestible sensor devices segment, including smart pill sensors and capsule endoscope sensors, is the fastest growing segment in the disposable devices sensors market. In recent years, many companies have shifted their focus towards developing smart pills, as these pills provide continuous patient monitoring at a low cost. Capsule endoscopes are non-invasive and are patient friendly, which is a major reason for their high growth.

In addition, these capsules are able to diagnose small pathologies, which cannot be easily detected by traditional endoscope procedures. The strip sensors market, which includes all the major disposable devices containing biosensors, is the largest segment. The reason for this large share is the wide use of these devices in home and private clinics. Also, with rising chronic and lifestyle diseases across the globe, the market for strip sensors and biosensors is expected to grow.

Source: ResearchandMarkets

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