According to the Market Statsville Group (MSG), the global bioimpedance sensor market size is expected to grow from USD 10,173.2 million in 2022 to USD 12,521.6 million by 2033, growing at a CAGR of 7.2% from 2023 to 2033. The rising frequency of metabolic illnesses, expanding government programmers to encourage healthy lifestyles, and developing technical developments are all driving market expansion. Diabetes, Gaucher's disease, glucose-galactose malabsorption, hereditary hemochromatosis, maple syrup urine disease (MSUD), phenylketonuria (PKU), and other metabolic diseases are projected to be important factors driving demand for bioimpedance sensors, hence enhancing market growth. On the other hand, less availability of miniaturized instrumentation, novel models, and algorithms has hindered the market growth over the forecasting period.
In additional, advances in electronics and instrumentation technology and novel textile materials and textile-electronic integration techniques have encouraged the development and implementation of sensorized garments for wearable biomedical monitoring systems. This has created a lot of opportunities in the market over the forecasting period.
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Definition of the Global Bioimpedance Sensor Market
Population aging and the consequent increase in chronic patients are driving research and development of multiple biomedical sensor technologies. These enable more accurate monitoring and diagnosis of people's health, paving the way for more personalised, preventive, and proactive treatment. Bioimpedance technology provides important insights into tissue/cell physiology and disease. Bioimpedance sensors are forming the foundation for innovative and noninvasive medical diagnostic technologies in this approach. Bioimpedance measurements are used to characterise biological media and organic tissues and have been used to detect edema, diagnose skin diseases, detect cancerous tissues, monitor ischemia during the transplant process, and even estimate blood pressure and blood glucose levels in a noninvasive and nonobstructive manner. Bioimpedance techniques are also the foundation of various laboratory instruments for cell culture monitoring and cell mechanical properties research (population, motility, viability, and others).
Scope of the Global Bioimpedance Sensor Market
The study categorizes the bioimpedance sensor market based on type, and application area at the regional and global levels.
By Type Outlook (Sales, USD Million, 2019-2033)
- Contact Type
- Non-contact Type
By Application Outlook (Sales, USD Million, 2019-2033)
- Personal Fitness Tracking
- Medical Use
- Others
By Region Outlook (Sales, USD Million, 2019-2033)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Italy
- France
- UK
- Spain
- Poland
- Russia
- The Netherlands
- Norway
- Czech Republic
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Malaysia
- Thailand
- Singapore
- Australia & New Zealand
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Colombia
- Rest of South America
- The Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Northern Africa
- Rest of MEA
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North America is expected to witness the largest market share by Region
Based on the regions, the global bioimpedance sensor market has been segmented across Europe, North America, the Middle East & Africa, Asia-Pacific, and South America. North America is projected to account for the highest market share in 2022. The rising prevalence of metabolic illnesses is likely to enhance demand for bioimpedance analyzers due to the effective management of the disorders, fueling market expansion in this area. Furthermore, increased government measures to encourage a healthy lifestyle and achieve a healthy weight with better well-being are likely to drive market expansion during the forecast period. According to the America Health Ranking 2022 study, there were more than 55.6 million individuals aged 65 and over in the United States in 2021, with that number predicted to rise to 73.1 million by 2030. Furthermore, according to statistics released in the National Library of Medicine in December 2021, hereditary hemochromatosis is the most common autosomal recessive disorder among Americans, with an annual incidence of 1 in 300 to 500 persons.
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Competitive Landscape: Global Bioimpedance Sensor Market
The bioimpedance sensor market is a significant competitor, and extremely cutthroat in the sector are using strategies including product launches, partnerships, acquisitions, agreements, and growth to enhance their market positions. Most sector businesses focus on increasing their operations worldwide and cultivating long-lasting partnerships.
Major key players in the global bioimpedance sensor market are:
- Omron Corporate
- Maxim Integrated
- Texas Instruments Incorporated
- Analog Devices, Inc
- Baxter International Inc
- Company 6
- Company 7
- Company 8
- Company 9
- Company 10
- Company 11
- Company 12
- Company 13
- Company 14
- Company 15
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Medical Use segment accounts for the largest market share by application
Based on the application, the market is divided into personal fitness tracking, medical use, and others. The medical use segment is expected to dominate the market share in 2022 in the global bioimpedance sensor market. The medical use segment currently dominates the market share in the bioimpedance sensor market. Owing to the rapid advancements in the field of tissue engineering, the deployment of real-time, non-invasive, and non-destructive monitoring technologies for assessing the viability and properties of cell cultures. The bioimpedance techniques help access the electrical properties of living tissues and provide a non-invasive, label-free, and real-time solution for monitoring tissue-created structures. The principles of bioimpedance, as well as the electrical properties of biological tissues, different types of cell culture constructions, and possible electrode configuration set ups for performing bioimpedance measurements on the cell culture engineering.
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