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Showing posts with the label sensors in healthcare applications market price

Sensors in Healthcare Applications Market - Forecast(2022 - 2027)

 The United Nations (UN) has estimated that, in 2050, the population of people beyond 60 years will be two times of that in 2015, and it was already 962 million in 2017[1].  Apparently, a lot of geriatric conditions and chronic diseases are associated with aging, which is stirring the home healthcare sector where the application of the sensors is imperative in order to monitor the treatment and results. This is one of the segments in the healthcare sector which is creating opportunities in the sensors market in healthcare applications for the vendors; and according to the findings by IndustryARC’s market analyst, the global market size was $18 billion to $20 billion in 2018. Furthermore, the analyst estimates the medical imaging application segment of the sensors market in the healthcare sector to grow with a global CAGR of 8% to 10% during the forecast period of 2019 to 2025. The technology of motion sensors in APAC is on the perpetual rise. This is coupled with respiratory d...