Implantable Sensor Market Analysis, Scope, and Growth by 2031
Implantable Sensor Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 4.19 billion |
Market Size by 2031 | US$ 17.32 billion |
Global CAGR (2023 - 2031) | 11.1% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Implantable Sensor Market News and Recent Developments
The Implantable Sensor Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for implantable sensors and strategies:
- In December 2023, Medstar became the first company in the world to implant Cordella sensor implant for advanced heart failure. The sensor remotely sends the patient’s pulmonary artery pressure via a wireless microelectromechanical sensor to the team of doctors. With this real-time data, doctors can proactively adjust medications and therapies with the goal of reducing HF hospitalizations. (Source: MedStar Health, Press Release, 2024)
- In Feb 2022, Ascensia Diabetes Care, a global diabetes care company, announced that its partner Senseonics Holdings, Inc. has received approval from the US Food and Drug Administration (FDA) for the next-generation Eversense® E3 Continuous Glucose Monitoring (CGM) System. Ascensia plans to make the Eversense E3 sensor, which can be used for up to 6 months, available to patients in the US (Source: Ascensia Diabetes Care Holdings AG., Senseonics, Inc. Press Release/Company Website/Newsletter, 2024)
Implantable Sensor Market Report Coverage and Deliverables
The “Implantable Sensor Market Size and Forecast (2024–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles