Report Highlights
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BCC Research estimates that technological improvements and changes in health care cost control will cause the demand for medical device sensors to increase at a compound annual growth rate (CAGR) of 3.1% between 2009 and 2014, when it will approach $9 billion.
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Semiconductor/MEMS sensors will experience a 5% compound annual growth rate (CAGR), from $5 billion in 2009 to an estimated $6.5 billion in 2014.
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Passive medical device sensors were valued at $1.4 billion in 2009 and are expected to decline in value to $1.3 billion in 2014, a -2% compound annual growth rate (CAGR).
INTRODUCTION
- The medical and regulatory communities, who see sensors as providing a means of improving the safety and efficacy of medical devices
- Device manufacturers, who see devices as a means of making their products more useful and, equally important, more cost-effective
- Sensor manufacturers for whom products designed for medical devices are both a reliable profit center and a flagship product for showcasing their technological expertise
- Anesthesiology and respiratory therapy
- Cardiology
- Clinical chemistry
- Ear, nose, and throat practices
- Gastroenterology–urology
- General hospital
- General, orthopedic, and plastic surgery
- Hematology and pathology
- Neurology
- Obstetrics and gynecology
- Ophthalmology
- Orthopedics
- Radiology
- Passive sensors
- Active sensors
- Electromechanical sensors
- Semiconductor/MEMS sensors
- Analytical laboratory instrument manufacturers
- Electromedical and electrotherapeutic apparatus manufacturers
- Irradiation apparatus manufacturers
- Laboratory apparatus and furniture manufacturers
- Ophthalmic goods manufacturers
- Optical instrument and lens manufacturers
- Surgical and medical instrument manufacturers
- Surgical appliance and supplies manufacturersSCOPE of report (Continued)
- A U.S. dollar value for each of the four basic sensor technologies: passive, active, electromagnetic, and semiconductor/MEMS
- Historic sensor requirements for 2007 and 2008
- Forecast requirements for 2009 and 2014
- 2009 to 2014 compound annual growth rate (CAGR) calculation
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