South and Central America Biomedical Sensors Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type ; Sensor Type ; Product ; Application

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The South and Central America biomedical sensors market is expected to reach US$ 878.3 million by 2027 from US$ 533.4 million in 2019. The market is estimated to grow at a CAGR of 6.5% during 2020-2027.

The growth of the South and Central America biomedical sensors market is attributed to the key driving factors such as the rising incidence of lifestyle-based diseases (CVD) and an increasing adoption of biomedical sensors. However, the security concerns regarding the use of biomedical sensors restrain the market growth.

Factors such as antimicrobial resistance, adoption of unhealthy lifestyles, consumption of alcohol, and smoking contribute to the rising prevalence of lifestyle-based diseases such as diabetes. As per the International Diabetes Federation, in 2019, ~463 million adults had diabetes, and this number is expected to reach 700 million by 2045. Therefore, the demand for biomedical sensors is increasing for regular health monitoring. Moreover, cardiovascular diseases (CVD) pose a significant threat to human health and lead to a tremendous burden on developed and developing economies worldwide. According to the World Health Organization (WHO), CVD accounted for nearly 17.9 million deaths in 2018. This poses the need for patient monitoring devices to mitigate the death rate caused due to lifestyle-based diseases.

Additionally, rising number of geriatric population and increasing cases of obesity are the factors promoting the healthcare awareness among population. Various established players in the medical device industry have been investing a significant amount in R&D activities to develop better and advanced solutions to cater to the needs of their customers. With the regulations laid down by the government bodies, it is possible to obtain better and reliable health management solutions, ensuring quality care, patient safety, and disease management. For instance, the Centers for Disease Control and Prevention (CDC) leads efforts to control communicable and infectious disease outbreaks and promote immunization to the people. The federal government also aids states with funding and guidance for work such as emergency preparedness. Thus, the above factors drive the growth of the South and Central America biomedical sensors market.

South and Central America is witnessing a growing number of COVID-19 positive cases. With the second wave of COVID-19 outbreak, the number of cases in Latin American countries is increasing. Currently, Brazil is rapidly increasing its clinical programs to fight against the novel coronavirus. Therefore, the focus on COVID-19 detection tests is rising. For instance, more than 5 million SD biosensor test were imported to Peru, according to import records compiled by one of the nation's leading diagnostic companies. Such initiatives would bring significant growth opportunities for the South and Central America biomedical sensors market in long run.

Based on type, the South and Central America biomedical sensors market is bifurcated into wired and wireless. The wireless segment held a larger market share in 2019, also the same segment is anticipated to register a higher CAGR in the market during the forecast period.

Based on sensor type, the South and Central America biomedical sensors market is segmented into temperature, pressure, image sensors, biochemical, inertial sensors, motion sensors, electrocardiogram (ECG), and other sensor types. The temperature segment held the largest market share in 2019, whereas the motion sensors segment is anticipated to register the highest CAGR in the market during 2020-2027.

The South and Central America biomedical sensors market, by product, is bifurcated into invasive sensors and non-invasive sensors. The non-invasive sensors segment held a larger market share in 2019, also the same segment is anticipated to register a higher CAGR in the market during the forecast period.

Based on application, the South and Central America biomedical sensors market is segmented into medical diagnostics, clinical therapy, imaging, and personal healthcare. The medical diagnostics segment held the largest market share in 2019, whereas the personal healthcare segment is anticipated to register the highest CAGR in the market during 2020-2027.

A few of the primary and secondary sources referred to while preparing the report on the South and Central America biomedical sensors market are the World Health Organization (WHO) and Ministry of Health in Argentina (ANMAT).

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Product Code: TIPRE00022138

1. Introduction

1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 Biomedical Sensors Market - By Type
- 1.3.2 Biomedical Sensors Market - By Sensor Type
- 1.3.3 Biomedical Sensors Market - By Product
- 1.3.4 Biomedical Sensors Market - By Application
- 1.3.5 South and Central America Biomedical sensors Market - By Country

2. South and Central America Biomedical Sensors Market - Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. South and Central America Biomedical Sensors Market - Market Landscape

4.1 Overview
4.2 PEST Analysis
- 4.2.1 Biomedical Sensors Market- South and Central America PEST Analysis
4.3 Expert Opinion

5. South and Central America Biomedical Sensors Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Rising Incidence of Lifestyle Based Diseases
- 5.1.2 Increasing Adoption of Biomedical Sensors
5.2 Market Restraints
- 5.2.1 Security Concerns Regarding the Use of Biomedical Sensors
5.3 Market Opportunities
- 5.3.1 Technological Advancements in Biomedical Sensors
5.4 Future Trends
- 5.4.1 Innovations in Biomedical Sensors
5.5 Impact Analysis

6. Biomedical Sensors Market - South and Central America Analysis

6.1 South and Central America Biomedical Sensors Market Revenue Forecasts and Analysis

7. South and Central America Biomedical Sensors Market Analysis and Forecasts To 2027 - By Type

7.1 Overview
7.2 Biomedical Sensors Market Revenue Share, by Type (2019 and 2027)
7.3 Wired Sensor
- 7.3.1 Overview
- 7.3.2 Wired Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Wireless Sensor
- 7.4.1 Overview
- 7.4.2 Wireless Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)

8. South and Central America Biomedical Sensors Market Analysis and Forecasts to 2027- By Sensor Type

8.1 Overview
8.2 Biomedical Sensors Market Revenue Share, by Sensor Type (2019 and 2027)
8.3 Temperature Sensor
- 8.3.1 Overview
- 8.3.2 Temperature Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Pressure Sensor
- 8.4.1 Overview
- 8.4.2 Pressure Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
8.5 Image Sensor
- 8.5.1 Overview
- 8.5.2 Image Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
8.6 Biochemical Sensor
- 8.6.1 Overview
- 8.6.2 Biochemical Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
8.7 Inertial Sensor
- 8.7.1 Overview
- 8.7.2 Inertial Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
8.8 Motion Sensor
- 8.8.1 Overview
- 8.8.2 Motion Sensor: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
8.9 Electrocardiogram (ECG)
- 8.9.1 Overview
- 8.9.2 Electrocardiogram : Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
8.10 Other Sensor Types
- 8.10.1 Overview
- 8.10.2 Other Sensor Type : Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)

9. South and Central America Biomedical Sensors Market Analysis and Forecasts to 2027- By Product

9.1 Overview
9.2 Biomedical Sensors Market Share, by Product, 2019 and 2027, (%)
9.3 Invasive Sensors
- 9.3.1 Overview
- 9.3.2 Invasive Sensors: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
9.4 Non-Invasive Sensors
- 9.4.1 Overview
- 9.4.2 Non-Invasive Sensors: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)

10. South and Central America Biomedical Sensors Market Analysis and Forecasts to 2027- By Application

10.1 Overview
10.2 Biomedical Sensors Market Share, by Application, 2019 and 2027, (%)
10.3 Medical Diagnostic
- 10.3.1 Overview
- 10.3.2 Medical Diagnostic: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
10.4 Clinical Therapy
- 10.4.1 Overview
- 10.4.2 Clinical Therapy: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
10.5 Imaging
- 10.5.1 Overview
- 10.5.2 Imaging: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)
10.6 Personal Healthcare
- 10.6.1 Overview
- 10.6.2 Personal Healthcare: Biomedical Sensors Market - Revenue and Forecast to 2027 (US$ Million)

11. Biomedical Sensors Market Revenue and Forecasts to 2027 - Geographical Analysis

11.1 South and Central America: Biomedical Sensors Market
- 11.1.1 Overview
- 11.1.2 South and Central America: Biomedical Sensors Market, by Country, 2019 & 2027 (%)
- 11.1.3 Brazil: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
  - 11.1.3.1 Brazil: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
  - 11.1.3.2 Brazil Biomedical Sensors Market, by Type - Revenue and Forecast to 2027 (USD Million)
  - 11.1.3.3 Brazil Biomedical Sensors Market, by Sensor Type - Revenue and Forecast to 2027 (USD Million)
  - 11.1.3.4 Brazil Biomedical Sensors Market, by Product - Revenue and Forecast to 2027 (USD Million)
  - 11.1.3.5 Brazil Biomedical Sensors Market, by Application - Revenue and Forecast to 2027 (USD Million)
- 11.1.4 Argentina: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
  - 11.1.4.1 Argentina: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
  - 11.1.4.2 Argentina Biomedical Sensors Market, by Type - Revenue and Forecast to 2027 (USD Million)
  - 11.1.4.3 Argentina Biomedical Sensors Market, by Sensor Type - Revenue and Forecast to 2027 (USD Million)
  - 11.1.4.4 Argentina Biomedical Sensors Market, by Product- Revenue and Forecast to 2027 (USD Million)
  - 11.1.4.5 Argentina Biomedical Sensors Market, by Application - Revenue and Forecast to 2027 (USD Million)
- 11.1.5 Rest of South & Central America: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
  - 11.1.5.1 Rest of South & Central America: Biomedical Sensors Market - Revenue and Forecast to 2027 (USD Million)
  - 11.1.5.2 Rest of South & Central America Biomedical Sensors Market, by Type - Revenue and Forecast to 2027 (USD Million)
  - 11.1.5.3 Rest of South & Central America Biomedical Sensors Market, by Sensor Type - Revenue and Forecast to 2027 (USD Million)
  - 11.1.5.4 Rest of South & Central America Biomedical Sensors Market, by Product - Revenue and Forecast to 2027 (USD Million)
  - 11.1.5.5 Rest of South & Central America Biomedical Sensors Market, by Application - Revenue and Forecast to 2027 (USD Million)

12. Impact Of COVID-19 Pandemic on South and Central America Biomedical Sensors Market

12.1 South and Central America: Impact Assessment of COVID-19 Pandemic

13. Industry Landscape

13.1 Overview
13.3 Organic Developments
- 13.3.1 Overview
13.4 Inorganic Developments
- 13.4.1 Overview

14. COMPANY PROFILES

14.1 Analog Devices, Inc.
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 Honeywell International Inc.
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 Medtronic
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 NXP SEMICONDUCTORS N.V.
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 Sensirion AG
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 TE Connectivity Ltd.
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Texas Instruments Incorporated
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 General Electric Company
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments

15. Appendix

15.1 About the Insight Partners
15.2 Glossary of Terms