Asia-Pacific Biomedical Sensors Market Size & Share | 2022-27

 

Market Overview

The Asia-Pacific biomedical sensor market is expected to register a CAGR of 7.8% over the forecast period. This growth is primarily attributed to the growing need for robust patient monitoring solutions. Besides, the COVID-19 pandemic also significantly contributed to the market expansion as more medical devices witnessed a sudden surge in demand for monitoring the patient's health.

• The use of sensors is increasing rapidly in day-to-day applications to enhance the quality of life by delivering information on medical diagnostics for healthcare. Among various emerging sensing technologies, physical sensors electronic devices have been used successfully in biomedical applications, owing to their excellent operation capability. These physical sensors are used in various biomedical applications, blood pressure, muscle displacement, blood flow, core/external body temperature, bone growth, and cerebrospinal fluid pressure measurements. Among most physical sensors, optical sensors are used in biomedical applications.
• Biomedical sensors' growth is driven by their increased demand in hazardous environments, utilization in situations resulting from natural disasters, increased demand in the healthcare sector for diabetic and heart patients, and embedded monitoring of the patients.
• In the field of biomedical, biosensors are one of the most primarily funded areas of research. This is because of their capability to lead to the early detection of various diseases. Cancer detection is one of them, and there are many. Biosensors can also be used to detect specific types of DNA.
• Regular health monitoring also employs biomedical sensors. According to the World Health Organization (WHO), about 17.9 million people die each year as a result of cardiovascular illnesses, accounting for 31% of all fatalities globally. The demand for point-of-care monitoring sensors is increasing as the frequency of cardiac arrest, high blood pressure, and strokes rise. Furthermore, governmental groups have created a slew of public awareness campaigns to combat and prevent disease.
• Due to low sales and supply chain disruptions, the impact of COVID-19 has put numerous biomedical sensor firms under strain. It has, however, had a favorable impact on the medical device sector, enhancing R&D activity and, as a result, increasing medical device assistance for COVID-19 detection.

Scope of the Report

Biomedical sensors are electronic devices that can transduce biomedical signals into measurable electric signals. Biomedical sensors are the critical component in various medical diagnostic instruments and equipment. These sensors can come in wired or wireless forms. Moreover, various types of sensors are available today, including temperate sensors, pressure sensors, biochemical sensors, image sensors, motion sensors, and electrocardiogram (ECG), among others. Read Full Report