The global invasive sensors market is expected to grow significantly during the forecast period (2018-2023). A minimally invasive medical procedure is carried out by entering the sensor to the body through skin, cavity or anatomical opening, with the smallest damage possible to the body. There are various types of invasive sensors such as image sensor, temperature sensor, pressure sensor, and biosensor. The global invasive sensors market is growing due to various factors which include technological improvement and increasing prevalence of chronic diseases. Transformation of healthcare infrastructure is also driving the growth of the market in emerging countries during the forecast period.
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Technological advancement in healthcare leads to the introduction of innovative monitoring devices in the field of invasive sensors. Factors such as investment in research and development and increasing demand for portable and wearable medical devices is also expected to drive market growth in the near future. However, there are various major factors which act as the barrier in the market which such as high cost of the sensors and inadequate reimbursement policies.
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Considering the geographical outlook, the market is divided into North America, Europe, Asia-Pacific and Rest of the world. North America dominates the global invasive sensors market due to technological advancement, high healthcare spending, and awareness among people. Europe covers considerable market share with rising investment in research and development and growing chronic diseases. Asia-Pacific is the fastest growing region owing to growing geriatric population, developing technology and increasing transformation in healthcare infrastructure. The companies contributing to the global invasive sensors market include Abbott Laboratories, Inc., Sanofi S.A., Koninklijke Philips N.V., GE healthcare, Medtronic PLC, Pinnacle Technology, Inc., and Analog Devices, Inc. The companies are offering innovative products and better equipment.
Global Invasive Sensor Market Segmentation
By Product Type
- Image Sensor
- Temperature Sensor
- Pressure Sensor
- Hospitals and Diagnostic Centre
- Ambulatory Surgical Centers
- Research Laboratories
- United States
- United Kingdom
- Rest of Europe
- Rest of Asia-Pacific
Rest of the World
- Abbott Laboratories, Inc.
- Analog Devices, Inc.
- Bayer AG
- Danaher Corp.
- DePuy Synthes Products, Inc.
- Dexcom, Inc.
- First Sensor AG
- GE Healthcare
- GLUSENSE Ltd.
- Honeywell International, Inc.
- Koninklijke Philips N.V.
- Medtronic PLC
- NXP Semiconductor N.V.
- Omnivision Technologies, Inc.
- Orthosensor, Inc.
- Pinnacle Technology, Inc.
- Proteus Digital Health, Inc.
- Sanofi S.A.
- Siemens AG
- Smiths Medical, Inc.
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