Asia Pacific Health Sensors Market Size & Outlook
Asia Pacific health sensors market, 2018-2030 (US$M)
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Asia Pacific health sensors market highlights
- The Asia Pacific health sensors market generated a revenue of USD 11,071.9 million in 2021.
- The market is expected to grow at a CAGR of 16.3% from 2022 to 2030.
- In terms of segment, wearable sensors was the largest revenue generating product in 2021.
- Implantable/ingestible sensors is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Australia is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 11,071.9 million |
| Market revenue in 2030 | USD 43,075.7 million |
| Growth rate | 16.3% (CAGR from 2021 to 2030) |
| Largest segment | Wearable sensors |
| Fastest growing segment | Implantable/ingestible sensors |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hand held diagnostic sensors, Wearable sensors, Implantable/ingestible sensors |
| Key market players worldwide | Analog Devices Inc, Danaher Corp, GE HealthCare Technologies Inc Common Stock, Honeywell International Inc, Medtronic PLC, Smiths Group PLC, Koninklijke Philips NV, Stryker Corp, Abbott Laboratories, Roche Holding AG ADR, Hologic Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.9% of the global health sensors market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 43,075.7 million by 2030.
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Health Sensors Market Scope
Health Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific health sensors market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to health sensors market will help companies and investors design strategic landscapes.
Wearable sensors was the largest segment with a revenue share of 40.95% in 2021. Horizon Databook has segmented the Asia Pacific health sensors market based on hand held diagnostic sensors, wearable sensors, implantable/ingestible sensors covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia-Pacific is expected to register the fastest growth in the global healthcare sensors market during the forecast period. The rising prevalence of cardiac diseases has created a demand for healthcare sensors equipment in APAC countries.
According to the British Medical Journal, the incidence rate of diabetes and cardiovascular disease would likely reach 20% by 2025. As a result, the region is seeing an increase in demand for home-based remote monitoring systems, which is opening up new market opportunities.
Reasons to subscribe to Asia Pacific health sensors market databook:
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Target buyers of Asia Pacific health sensors market databook
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Our clientele includes a mix of health sensors market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific health sensors market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific health sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific health sensors market size, by country, 2018-2030 (US$M)
Asia Pacific Health Sensors Market Outlook Share, 2021 & 2030 (US$M)
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