Medical Sensor Market is expected to reach $31.9 Billion by 2028- An exclusive market research report by Lucintel

Lucintel’s latest market report analyzed that medical sensor provides attractive opportunities in the hospital, clinic, and home care setting segments. The medical sensor market is expected to reach $31.9 billion by 2028 with a CAGR of 13.5%. In this market, biosensors is the largest segment by product, whereas hospital is largest by end use.

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Based on product, the medical sensor market is segmented into biosensors, temperature sensors, motion sensors, image sensors, flow sensors, pressure sensors, and others. The biosensors segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the growing usage for these sensors in laboratories and home care setting owing to their capabilities of real-time diagnosis and monitoring.

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The Medical Sensor Market is marked by the presence of several big and small players. Some of the prominent players offering medical sensor include GE Healthcare, STMicroelectronics, Honeywell, Omron, and TE Connectivity.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com 
Tel. 972.636.5056

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Contact Information:

Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com  Tel. 972.636.5056

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