Increasing Demand for Medical Sensors and Use of Sensors in Covid-19 Tracking to Augment Growth of Medical Sensors Market

Medical sensors are becoming an integral part of medical facilities throughout the world. They enable facilities to monitor all aspects of patient care, from room temperature to vital signs, from pulse rates to oxygen levels, and more. This is a new frontier in patient care that has the potential to dramatically save money and reduce staff fatigue.

Development of new technologies by researchers is expected to drive the global medical sensors market during the forecast period.

Various researchers are focused on development of new technologies, which is expected to drive the global medicalsensors market over the forecast period. For instance, in July 2020, researchers at University of Minnesota announced that they had developed a new technique that allows the 3D printing of hydrogel-based sensors directly on to organs such as the lungs.

Market Dynamics

Increasing demand for medical sensors is expected to propel growth of the global medical sensors market. For instance, 2020, OSI Systems, Inc. announced that its Optoelectronics division received an order to provide optical sensors for use in medical devices from a leading healthcare original equipment manufacturer. Moreover, high prevalence of chronic diseases is also expected to aid in growth of the market.

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