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NXP semiconductors N.V. emerges as the largest company in the medical sensors market, says TBRC report (Companies: NXP Semiconductors N.V., STMicroelectronics N.V., Analog Devices, Inc. And Others)

NXP semiconductors N.V. emerges as the largest company in the medical sensors market, says TBRC report (Companies: NXP Semiconductors N.V., STMicroelectronics N.V., Analog Devices, Inc. And Others)
Medical Sensors Market, Key Competitor Market Shares, By Percentage
The Medical Sensors Market Research Report from The Business Research Company, offers a growth analysis, size, segmentation, geographies and forecast.

The global medical sensors market was valued above $10 billion in 2018. North America was the largest region in the medical sensors market in 2018, accounting for over 43% of the global total. The USA is the largest country in terms of value in the medical sensors market.

The medical sensors market consists of manufacturers’ sales of sensors that are used in medical equipment by entities that manufacture medical sensors.

Medical sensors are electronic devices that detect and measure physiological data to aid in the monitoring, diagnosis and treatment of health conditions in humans. Physiological data includes heart rate, blood pressure and body temperature. These sensors are used in medical equipment and they convert various forms of stimuli such as biological, chemical and physical signals produced by the body into electrical signals for analysis. These sensors provide periodic assessment information on health indicators such as heart rate or calorie intake to physicians to track and monitor patients’ health issues. This reduces the number of physical check-ups of patients.

Order Sensors Market Report At

https://www.thebusinessresearchcompany.com/report/medical-sensors-market

Medical Sensors Market Size

The global medical sensors market size is expected to grow to over $20 billion in 2023 at an annual rate of about 9%. Factors such as the rapid growth of emerging markets, increasing size of geriatric population, technological advances and rising funding for research and development of medical devices globally are contributing to the growth of the medical sensors market.

NXP Semiconductors N.V. (formally KASLION Acquisition B.V.) was the largest competitor in the medical sensors market in 2017, with more than 14% share of the market., followed by STMicroelectronics N.V with over 4%, Analog Devices, Inc. with over 3%, followed by Medtronic Plc and Honeywell International, Inc. (exact figures are mentioned in report).

NXP Semiconductors is a semiconductor manufacturing company based in Eindhoven, Netherlands. The company was incorporated in 2006 and employs around 8,633 people globally.

Download Sensors Market Sample Report At

https://www.thebusinessresearchcompany.com/sample.aspx?id=2323&type=smp

Company profiles included in the medical sensors market report are NXP Semiconductors N.V., STMicroelectronics N.V., Analog Devices, Inc., Medtronic Plc, and Honeywell International, Inc.

 

About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

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