Biomedical Sensors Market Analysis, Trends, and Scope 2023 to 2031
Biomedical Sensors Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 9.97 Billion |
Market Size by 2031 | US$ 21.11 Billion |
Global CAGR (2023 - 2031) | 8.0% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Biomedical Sensors Market News and Recent Developments
The biomedical sensors market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the key developments in the biomedical sensors market are listed below:
- Abbott acquired Bigfoot Biomedical, a company that has expertise in developing smart insulin management systems for individuals with diabetes. The Bigfoot Unity smart insulin management system developed by Bigfoot Biomedical utilizes connected insulin pen caps, and its operations are based on integrated continuous glucose monitoring (iCGM) data and healthcare providers’ instructions. (Source: Abbott, Press Release, 2023)
- Onera Health launched its first Onera Biomedical Lab-on-Chip. The biomedical sensor system-on-chip is designed to acquire and process multiple biosignals, and it is suitable for a wide range of wearable health devices as well as applications. It offers many solutions and opportunities for innovations in the medical, wellness, and fitness industries. (Source: Onera Technologies B.V., Press Release, 2022)
Biomedical Sensors Market Report Coverage and Deliverables
The “Biomedical Sensors Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Biomedical sensors market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Biomedical sensors market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Biomedical sensors market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the biomedical sensors market
- Detailed company profiles