Global Smart Sensor in Biomedical Market

A sensor with an interfacing circuit forms a smart sensor which is capable of making decision, logic function, two way communications and so on. The major benefits offered by a smart sensor are high reliability, minimal cost, high performance, and scalability. The major challenge associated with the smart sensor is, the pre-defined embedded functions have to be provided during designing of smart sensors. It measures brightness, acceleration, temperature, humidity, material property and so on. Due to the flexibility and miniaturization, smart sensors are now integrating in almost all such as automotive products, consumer electronics products, wearable devices and so on.

The smart sensor types include flow sensor, dissolved oxygen sensor, turbidity sensor, Oxidation reduction potential (ORP) sensor, pH sensor, temperature sensor, pressure sensor touch sensor and others. The pressure sensors are expected to witness a high growth rate in the coming two to three years because smartphones with smart pressure sensors can capture the market. The three major technologies incorporated are Micro-Electro-Mechanical System (MEMS) technology, Complementary Metal-Oxide-Semiconductor (CMOS) technology and optical spectroscopy. MEMS and CMOS technology form the main stream technologies. The main components which make the Smart sensor are: Analog-to-Digital Converter (ADC), Digital-to-Analog Converter (DAC), transceivers, amplifiers, microcontroller, and others. The smart sensor market for Biomedical is expected to reach $1.62 billion in 2020 from $145.1 million in 2012 at a CAGR of 29.93% from 2013 to 2020.

The report also presents the market trends which depicts the growth of the market from 2013 to 2020. It also provides major drivers, restraints and opportunities for the market. The report presents detail analysis of different segments for global smart sensor market for Biomedical which includes sensor types, technologies, components, and geography. It also profiles major players in this market with SWOT analysis of top players in the market.

Key Take Away

• The total revenue of global smart sensor market for Biomedical is expected to grow at an estimated CAGR of 29.93% from 2013 to 2020
• Detailed analysis of the mature and emerging market for sensor types, components, technology and by geography
• The key trends related to the technology and types that shape and influence markets
• Illustrative segmentation, analysis, and forecast of the major geographical markets give an overall view of the global market
• Detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and market share rankings
• Competitive intelligence from the company profiles, key player strategies, game-changing developments such as product launches, and acquisitions
• SWOT analysis of the top players of the market
• Detailed Porter's analysis to define the current scenario of the market
• Value chain analysis to illustrate how the business of the smart sensor is being carried and also the major stakeholders are being listed

Customization Options

With Market data, you can also customize MMM assessments that meet your Company’s specific needs. Customize to get comprehensive industry standard and deep dive analysis of the following parameters:

Component Analysis

• In depth trend analysis of components and various types of Smart Sensor in competitive scenario
• Component Matrix which gives a detailed comparison of Component portfolio of each company mapped in each geography (NA, LA, Europe, APAC)
• Component Matrix which gives a detailed comparison of Component portfolio for various technologies(MEMS, CMOS and Optical) in Smart Sensor market for Biomedical
• Comprehensive coverage of regulations followed in each geography (NA, LA, Europe, APAC)

Data from Manufacturing Firms

• Fast turn-around analysis of Manufacturing Firms with response to recent market events and trends
• Various firms opinion about different components and types of smart sensor from different companies
• Qualitative inputs on macro-economic indicators, mergers and acquisition in each geography (NA, LA, Europe, APAC)
• In depth analysis of the market for different technologies in Smart Sensor market for Biomedical

Shipment/ Volume Data

• Value of components shipped annually in each geography tracked
• Quantitative input of Smart Sensor type in each geography tracked

Trend analysis of Technology

• Technology Matrix which gives a detailed comparison of technology portfolio of each company mapped in each geography
• Technology Matrix which gives a detailed comparison of technology portfolio for different components and different types of Smart Sensors used in for Biomedical

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