The "Implantable Sensor Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type; Application; End User, and Geography" report has been added to ResearchAndMarkets.com's offering.
According to this report the implantable sensor market was valued at US$ 4,912.00 million in 2019 and it is projected to reach US$ 11,415.62 million by 2027; it is expected to grow at a CAGR of 11.1% during 2020-2027. The report highlights trends prevailing in the global implantable sensor market, and the factors driving and restraining the market growth.
Based on type, the global implantable sensor market is segmented into glucose sensor, temperature sensor, oxygen sensor, pressure sensor, and others. In 2019, the glucose sensor segment accounted for the highest share of the market. The growth for this segment is attributed to growing cases of diabetes coupled with increasing adoption of continuous glucose monitoring (CGM) devices.
The growth of the implantable sensor market is driven by increasing prevalence of chronic diseases and growing adoption of mobile healthcare technologies. However, low rate of adoption in emerging countries is the major factors hindering the market growth.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the implantable sensor market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the global implantable sensor market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Growing Adoption of Mobile Healthcare Technologies
Increasing Prevalence of Chronic Diseases
Lack of Adoption in Emerging Countries
Rising Government Support to Medical Technologies
Technological Advancements in Implantable Sensors
Analog Devices, Inc.
Honeywell International Inc.
NXP SEMICONDUCTORS N.V.
Pinnacle Technology Inc.
Texas Instruments Incorporated
For more information about this report visit https://www.researchandmarkets.com/r/ag4ljp
View source version on businesswire.com: https://www.businesswire.com/news/home/20210415005514/en/
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