Implantable Sensor Market is expected to reach US$ 11,415.62 Mn by 2027

The implantable sensor market size is expected to reach US$ 11,415.62 million by 2027 and registering at a CAGR of 11.1% during 2020–2027, according to a new research study conducted by The Insight Partners.

Glucose Sensor Segment to Register Highest CAGR 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.

Global Implantable Sensor Market, by Region, 2019 (%)

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Implantable Sensor Market Size, Share, Global Forecast 2027

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Implantable Sensor Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type (Glucose Sensor, Temperature Sensor, Oxygen Sensor, Pressure Sensor, Others); Application (Medical Diagnostic, Clinical Therapy, Personal Healthcare, Imaging); End User (Hospitals, Clinics, Diagnostic Center), and Geography

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. Analog Devices, Inc.; DEXCOM, INC.; Glusense Ltd.; Honeywell International Inc.; Medtronic; NXP SEMICONDUCTORS N.V.; Pinnacle Technology Inc.; Sensirion AG; TE Connectivity; and Texas Instruments Incorporated are among the major companies operating in the market.

The report segments global implantable sensor market as follows:

By Type

• Glucose Sensor
• Temperature Sensor
• Oxygen Sensor
• Pressure Sensor
• Others

By Application

• Medical Diagnostic
• Clinical Therapy
• Personal Healthcare
• Imaging

By End User

• Hospitals
• Clinics
• Diagnostic Center

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific (APAC)
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Middle East & Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa
• South and Central America (SCAM)
  • Brazil
  • Argentina
  • Rest of South and Central America

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