Biomedical Temperature Sensor Market

Biomedical Temperature Sensors Market by Types (Thermistors, Thermocouples, Resistance Temperature Detectors (RTDs), Fiber Optic Sensors, Infrared Sensors, and Liquid Crystal Temperature Sensors) and Regions (Europe, Asia Pacific, North America, and Rest of the World) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-3599
  • Author: Growth Market Reports
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  • No. Of Pages: 175
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The global biomedical temperature sensors market size was valued at USD 6.17 billion in 2020, and is expected to grow at a substantial CAGR during the forecast period, 2021-2028. The growth of market is attributed to growing usage of temperature sensors in several different applications in biomedical sector.

Biomedical Temperature Sensors Market Key Takeaways

Over the past few years the government investment increased towards healthcare sectors to provide safe and reliable healthcare facilities and infrastructure along with the growing application biomedical temperature sensors are factors expected to drive the market in the near future.

In healthcare industry temperature sensors plays a very vital role as they are used in anesthesia-driven surgeries, dialysis when kidney failure, analysis of blood, oxygen measured for ventilators, life supporting machines, organ transplant, temperature measurement digitally, and many more surgeries.

Not only for measuring temperatures but the sensors are also used for number of other physical parameters. Frequently they are used for calorimetric flow sensors which are used for monitoring respiratory and blood airflow.

In the areas of research and treatment in biology and medicines fiber optic temperature sensors is been stated as a valuable form of application. Such as tissues monitoring while performing electromagnetic heating during cancer therapy, microwave bio-hazard studies, and patients monitoring during magnetic resonance imaging (MRI).

Moreover the incidences of lifestyle-based diseases, increasing arte of elderly population are one of the major factors boosting the biomedical sensor market. Conversely the elongated product development and security related issue are some of the factors that can hinder the growth of the market in the coming years.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising incidence of lifestyle based diseases and emergence of new forms of diseases is estimated to drive the market in coming years.
  • Growing proportion of geriatric population is expected to propel the market during the forecast period.
  • Increasing demand for patients monitoring applications is anticipated to boost the market during projected period.
  • R&D and technological advancement towards MEMS design with low cost involvement and high-performance sensors with user friendly methods create a lucrative opportunities for the key players of the market.
  • Growing government initiatives and investment towards development of healthcare sector is expected to fuel the market in the coming years.
  • Security concern related to the biomedical sensors, long product development procedures, and strict government policies are some of the factors expected to hamper the market growth during the projected period.
  • Ultra-low power consumption, patients safety and comfort due to strong electro- magnetic field, and transferring energy from external to internal with extensive efficiency and with high data rates posses major challenges that hinder the market expansion in the coming years.

Scope of the market

The report on the global biomedical temperature sensor market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Biomedical Temperature Sensor Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Thermistors, Thermocouples, Resistance Temperature Detectors (RTDs), Fiber Optic Sensors, Infrared Sensors, and Liquid Crystal Temperature Sensors)

Regional Scope

Europe, Asia Pacific, North America, Rest of the World.

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

TE Connectivity Ltd; Smiths Medical Inc.; Minco Products Inc.; Amphenol Advanced Sensors; Texas Instruments Incorporated.

Market segment insights

The fiber optic sensors segment is expected to exhibit high CAGR

Based on the types, the market is segregated into thermistors, thermocouples, resistance temperature detectors (RTDS), fiber optic sensors, infrared sensors, and liquid crystal temperature sensors. The fiber optic sensors segment is expected to exhibit high CAGR during the projected period due to rapid adoption of IoT in healthcare industries act as advantage for the fiber optic sensor segment, also sensors are highly used in measuring the variety of physiological parameters such as, blood pressure, body temperature, and muscle displacement. Furthermore enhanced technological system used for patients to record and monitor their physiological measurements augments fiber optic sensors market.

North America is estimated to dominate the market

In the terms of regions, the market is categorized into Europe, Asia Pacific, North America, and Rest of the world. North America is estimated to dominate the market during the forecast period owing to increasing demand for medical services in the United States. With the flourishing healthcare sector, strict government policies, and technological advancement across the healthcare segment within the region which offers easy integration of sensors with other products are contributing majorly in the markets growth.

Biomedical Temperature Sensors Market By Regions

Segments

Segments Covered in the Report
Global biomedical treatment sensors market has been segregated on the basis of

Types
  • Thermistors
  • Thermocouples
  • Resistance Temperature Detectors (RTDs)
  • Fiber Optic Sensors
  • Infrared Sensors
  • Liquid Crystal Temperature Sensors
Regions
  • Europe
  • Asia Pacific
  • North America
  • Rest of the World
Key Players
  • TE Connectivity Ltd
  • Smiths Medical Inc.
  • Minco Products Inc.
  • Amphenol Advanced Sensors
  • Texas Instruments Incorporated.

Competitive Landscape

Key players competing in the global biomedical temperature sensor market include TE Connectivity Ltd; Smiths Medical Inc.; Minco Products Inc.; Amphenol Advanced Sensors; Texas Instruments Incorporated.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance

In September 2018, TE Connectivity Ltd launched the online TE Store which allows the option for their customers to purchase featured products direct via TE.com through selected distributors, along with access to product pricing, and flexible and delivery options.

Biomedical Temperature Sensors Market By Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Biomedical Temperature Sensor Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Biomedical Temperature Sensor Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Biomedical Temperature Sensor Market - Supply Chain
  4.5. Global Biomedical Temperature Sensor Market Forecast
     4.5.1. Biomedical Temperature Sensor Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Biomedical Temperature Sensor Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Biomedical Temperature Sensor Market Absolute $ Opportunity
5. Global Biomedical Temperature Sensor Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Biomedical Temperature Sensor Market Size and Volume Forecast by Types
     5.3.1. Thermistors Thermocouples Resistance Temperature Detectors (RTDs) Fiber Optic Sensors Infrared Sensors Liquid Crystal Temperature Sensors
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Biomedical Temperature Sensor Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Biomedical Temperature Sensor Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Biomedical Temperature Sensor Demand Share Forecast, 2019-2026
7. North America Biomedical Temperature Sensor Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Biomedical Temperature Sensor Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Biomedical Temperature Sensor Market Size and Volume Forecast by Types
     7.4.1. Thermistors Thermocouples Resistance Temperature Detectors (RTDs) Fiber Optic Sensors Infrared Sensors Liquid Crystal Temperature Sensors
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Biomedical Temperature Sensor Demand Share Forecast, 2019-2026
8. Latin America Biomedical Temperature Sensor Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Biomedical Temperature Sensor Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Biomedical Temperature Sensor Market Size and Volume Forecast by Types
     8.4.1. Thermistors Thermocouples Resistance Temperature Detectors (RTDs) Fiber Optic Sensors Infrared Sensors Liquid Crystal Temperature Sensors
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Biomedical Temperature Sensor Demand Share Forecast, 2019-2026
9. Europe Biomedical Temperature Sensor Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Biomedical Temperature Sensor Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Biomedical Temperature Sensor Market Size and Volume Forecast by Types
     9.4.1. Thermistors Thermocouples Resistance Temperature Detectors (RTDs) Fiber Optic Sensors Infrared Sensors Liquid Crystal Temperature Sensors
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Biomedical Temperature Sensor Demand Share Forecast, 2019-2026
10. Asia Pacific Biomedical Temperature Sensor Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Biomedical Temperature Sensor Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Biomedical Temperature Sensor Market Size and Volume Forecast by Types
     10.4.1. Thermistors Thermocouples Resistance Temperature Detectors (RTDs) Fiber Optic Sensors Infrared Sensors Liquid Crystal Temperature Sensors
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Biomedical Temperature Sensor Demand Share Forecast, 2019-2026
11. Middle East & Africa Biomedical Temperature Sensor Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Biomedical Temperature Sensor Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Biomedical Temperature Sensor Market Size and Volume Forecast by Types
     11.4.1. Thermistors Thermocouples Resistance Temperature Detectors (RTDs) Fiber Optic Sensors Infrared Sensors Liquid Crystal Temperature Sensors
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Biomedical Temperature Sensor Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Biomedical Temperature Sensor Market: Market Share Analysis
  12.2. Biomedical Temperature Sensor Distributors and Customers
  12.3. Biomedical Temperature Sensor Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. TE Connectivity Ltd Smiths Medical Inc. Minco Products Inc. Amphenol Advanced Sensors Texas Instruments Incorporated.
Segments Covered in the Report
Global biomedical treatment sensors market has been segregated on the basis of

Types
  • Thermistors
  • Thermocouples
  • Resistance Temperature Detectors (RTDs)
  • Fiber Optic Sensors
  • Infrared Sensors
  • Liquid Crystal Temperature Sensors
Regions
  • Europe
  • Asia Pacific
  • North America
  • Rest of the World
Key Players
  • TE Connectivity Ltd
  • Smiths Medical Inc.
  • Minco Products Inc.
  • Amphenol Advanced Sensors
  • Texas Instruments Incorporated.

Key players competing in the global biomedical temperature sensor market include TE Connectivity Ltd; Smiths Medical Inc.; Minco Products Inc.; Amphenol Advanced Sensors; Texas Instruments Incorporated.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance

In September 2018, TE Connectivity Ltd launched the online TE Store which allows the option for their customers to purchase featured products direct via TE.com through selected distributors, along with access to product pricing, and flexible and delivery options.

Biomedical Temperature Sensors Market By Key Players

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