A new report forecasting the growth of the Disposable Medical Devices Sensors Market to 2018 has been issued that says that the global disposable devices sensors market is technology driven and marked by the "threat of obsolescence," wherein technologies and their adoption change very rapidly. The medical devices industry has seen a paradigm shift and is now focusing on disposable sensor-based devices, as these devices are comparatively less expensive and help in curbing hospital acquired infections.
The ingestible sensor devices segment, including smart pill sensors and capsule endoscope sensors, is the fastest growing segment in the disposable devices sensors market. In recent years, many companies have shifted their focus towards developing "smart pills" to provide continuous patient monitoring at a low cost. Capsule endoscopes are noninvasive, and are able to diagnose small pathologies, which cannot be easily detected by traditional endoscope procedures.
The strip sensors market, which includes all the major disposable devices containing biosensors, is the largest segment. The reason for this large share is the wide use of these devices in home and private clinics. Also, with rising chronic and lifestyle diseases across the globe, the market for strip sensors and biosensors is expected to grow.
In the coming years, growth of the disposable devices sensors market is likely to be centered at Taiwan, China, Japan, Singapore, and India.