Introduction
Sensors are gadgets that identify and recognise any physical, chemical or biological indications and give a path to those signs and data to be properly measured and recorded. Physical phenomenon that can be detected includepressure, temperature, vibration, level of sound, intensity of light, rate of flow of gasses and fluids, intensityof electric and magnetic fields, and concentration of numerous substances in vaporous, fluid, or solid shape.
Sensors in medical field can be used in many forms for example as a glucose sensor that resembles a watch that when placed on the skin, delivers little electric charges, to open up pores so sample can be separated to read the blood sugar readings or a sensor to distinguish pathogens by a biosensor, which utilizes incorporated optics and immunoassay methods. Changes in the emission of the laser light by the sensor show the presence of particular microscopic organisms.
Market for Medical Sensors
The global market for Interventional Cardiology and Peripheral Vascular devices was evaluated at USD 9.4 billion in 2015 and is expected to grow to USD 15.01 Billion by 2022, rising rapidly at a CAGR of 8.5% for the next five years. The market driving factors in this case are the increasing geriatric population worldwide, large number of applications in various analysis procedures and people preferring home healthcare services over treatment in hospitals due to increasing costs of medicinal services. Apart from these the market demand for sensors is fuelled due to decreasing prices, miniaturization, increasing health and fitness awareness among younger generation and the smartphone technology. On the other hand the market demand is hampered by factors such as privacy concerns, lack of safety standards and inability of some people to pay for even the cheapest of such devices.
Applications of Medical Sensors