Trade Resources Industry Views The Market for Sensor Is Estimated to Reach $47.40 Billion by 2020

The Market for Sensor Is Estimated to Reach $47.40 Billion by 2020

The market for sensor in consumer healthcare applications is estimated to reach $47.40 billion by 2020 with a CAGR of 5.56% from 2014 to 2020

Sensing devices are in high demand due to their functional capabilities such as processing, data fusion, communication, integration, and control in various applications. The concepts such as home diagnostics and home and remote monitoring are being commercialized with the development in the healthcare equipment such as portability, reduced size, and low-cost architecture facilitating disposable equipment.

The report profiles all major companies active in the sensor market for consumer healthcare. This report also provides the competitive landscape of key players that indicates the growth strategy of the overall sensor market in consumer healthcare. The report also covers the entire value chain for the market from the raw material supplier to the end user. Along with a value chain, this report also provides an in-depth view on the types, applications, roadmap, and the drivers and restraints for the industry.

Source: http://www.capacitorindustry.com/market-for-healthcare-sensors-estimated-to-grow-at-5-56-cagr
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Market for Healthcare Sensors Estimated to Grow at 5.56% CAGR