Noninvasive Medical Sensor Market Outlook:
Noninvasive Medical Sensor Market size was valued at USD 32.24 billion in 2024 and is projected to reach USD 69.30 billion by the end of 2034, rising at a CAGR of 8% during the forecast period, i.e., 2025-2034. In 2025, the industry size of noninvasive medical sensors is estimated at USD 34.80 billion.
The patient group using noninvasive medical sensors continued to grow in 2023, with increased respiratory and cardiac monitoring capabilities for the chronic use cohort. Durable medical equipment claims showed that the Medicare allowed charges for noninvasive ventilators increased from a total of USD 279 million in 2016 to USD 424.1 million in 2018. This indicates that there was an estimated 51% bump to the reimbursement volume. This could indicate that there are substantial rates of increased use among Medicare beneficiaries who use noninvasive ventilators. In addition to healthcare costs and increased pressures regarding overall population health programs, hospitals and payers may also be driving the uptake of devices that quantify SpO₂, ECG, and other biomarker usage.
On the supply chain side of things, with trade data, we can see organized import/export flows of medical sensor devices around the world. A leading industry report includes a trade analysis of production and consumption, as well as trends in imports and exports around the world for 2014-2019. This shows rising levels of OEM assembly in mass production hubs supplied to cross-border trade and international markets. Audit data from the U.S. Office of the Inspector General indicates that Medicare-paid charges outstripped non-Medicare payer estimates by roughly USD 86 million for 2016-2018. Meanwhile, investment in R&D for noninvasive devices is increasing, with public institutes recognizing studies showing analytical precision.

Noninvasive Medical Sensor Market - Growth Drivers and Challenges
Growth Drivers
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Government spending on sensor-based care: The rise in U.S. Medicare usage of noninvasive ventilators from USD 279.3 million in 2016 to USD 424.2 million in 2018 indicates increasing reimbursement volumes for sensor-guided therapies and remote location equipment. This suggests increased demand for devices that support home-based intervention and remote monitoring. In a cost-effectiveness model of a wearable patient sensor to prevent hospital-acquired pressure injuries (HAPIs) conducted in 2021, there was a reported 75% reduction in HAPIs. This is a clear demonstration of ROI for hospital systems and payers for adopting sensor-based prevention.
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Telemonitoring’s mixed impact on hospital utilization: AHRQ-linked systematic reviews demonstrate that telemonitoring for chronic heart failure reduced hospitalizations in 37% of the studies. The net impact on costs appears mixed and context dependent. This points to the importance of thoughtful programmatic integration of sensor programs so that they do not lead to unintended burdens of costs associated with the outpatient experience. These factors are fuelling the market growth during the forecasted period.
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Patient pool & disease prevalence trends: Populations at risk from chronic heart failure and pressure injuries represent growing sensor data target populations. For instance, over 2.2 million U.S. patients develop pressure injuries every year. This highlights a large potential deployment population for preventative wearables. Meanwhile, the aging demographic, as well as the rise of chronic disease prevalence in North America and Europe, continues to expand the baseline need for non-invasive monitoring.
Historical Patient Growth in Proxy Connected-Device Numbers (2015-2020)
Region / Country |
2015 Connected Devices (M) |
2020 Connected Devices (M) |
Growth (%) |
North America (USA) |
38.65 |
180.96 |
+378 % |
Western Europe (proxy) |
16.75 |
127.64 |
+651 % |
Asia‑Pacific (proxy) |
30.40 |
193.67 |
+530 % |
Revenue Opportunities Linked to Strategic Moves
Company / Program |
Strategic Move |
Revenue Impact / Opportunity |
Masimo Rad‑G (FDA‑cleared) |
Multi-parameter handheld monitor introduced in 2023 |
Enables expanded hospital and field sales; incremental device revenue potential in low‑acuity care |
Masimo Patient SafetyNet |
Continuous vital‑sign monitoring deployment |
$1.47M annual savings at one center; drives platform sales to additional systems |
Masimo SET pulse oximetry |
Adoption in neonatal screening and perioperative care |
Reduced ICU transfers, better outcomes; broadens OEM consumable contracts |
Challenges
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Payer eligibility rules: Government payer programs such as Medicare make the criteria for reimbursement rigorous, especially for continuous glucose monitoring (CGM) and other non-invasive sensors. For instance, the Centers for Medicare and Medicaid Services (CMS) previously required patients to conduct ≥4 finger-stick tests each day before covering CGMs. This limits access to a narrow group of patients who meet the qualifications. These regulations slow or limit the uptake of products regardless of proven value.
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High patient cost burden: Underinsured Individuals still face high out-of-pocket costs for sensor-based devices. In studies with Medicaid beneficiaries and low-income populations, cost was identified as a primary reason for not adopting diabetes-related sensor technology. Insurance plans, co-pays, and deductibles can still impede regular use and limit manufacturers' potential for scaling device access in their populations.
Noninvasive Medical Sensor Market Size and Forecast:
Report Attribute | Details |
---|---|
Base Year |
2024 |
Forecast Year |
2025-2034 |
CAGR |
8% |
Base Year Market Size (2024) |
USD 32.24 billion |
Forecast Year Market Size (2034) |
USD 69.30 billion |
Regional Scope |
|
Noninvasive Medical Sensor Market Segmentation:
Sensor Type Segment Analysis
The blood glucose sensor segment is estimated to account for the largest share of 33% in the noninvasive medical sensor market over the discussed timeframe. The growth is driven by the rising incidence of diabetes around the world, especially in the aging population. As the U.S. Centers for Disease Control and Prevention notes, key statistics indicate that nearly 36 million Americans have diabetes. This is contributing to increasing demand for continuous glucose monitoring (CGM) devices. With regulatory support for CGM devices or FDA approvals at times for noninvasive CGM devices, these advances have also helped to move through planning for adoption. Also, advances in technology mean sensors are becoming more accurate and easier to use, thus promoting better patient compliance and reimbursement.
Application Segment Analysis
The chronic illness & at-risk monitoring segment is poised to dominate the noninvasive medical sensor market with a share of 29% during the analyzed period. The application segment is benefitting from a growing focus within healthcare on early disease detection and the remote monitoring of patients. The Agency for Healthcare Research and Quality (AHRQ.gov) has highlighted that noninvasive sensors can reduce hospitalizations. Moreover, governments are pushing home care, creating demand for sensors to monitor vital signs within at-risk populations.
Technology Segment Analysis
The wearable sensors segment is poised to dominate the noninvasive medical sensor market with a share of 39% during the analyzed period. Wearables are dominant technology categories because they are integrated with telehealth uses and IoT frameworks, and enable continuous monitoring of multiple vital parameters. According to the World Health Organization, wearable health technology is one of the most significant tools to reduce the burden of noncommunicable diseases and improve health outcomes for the entire population, regardless of age and ability. Investments will continue to emerge within digital health infrastructure, as well as favorable reimbursement policies, for growth in the wearables segment.
Our in-depth analysis of the noninvasive medical sensor market includes the following segments:
Segments |
Subsegments |
Type |
|
Application |
|
Technology |
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End-User |
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Noninvasive Medical Sensor Market - Regional Analysis
North America Market Insights
North America is anticipated to capture the highest share of 35% in the global noninvasive medical sensor market by the end of 2034. The major drivers of the regional diagnostics market are increases in chronic disease prevalence, an ageing population, increasing adoption of remote patient monitoring, and telehealth. The development of wearable and biosensors, as well as increasing integration with AI/IoT, a surge in home diagnostics, augmenting the regional diagnostic market. As the new U.S. policy expands reimbursement for remote patient monitoring devices by Medicare/Medicaid. As well as federally funded initiatives in Canada focused on modernizing a federal-provincial healthcare system for medically-necessary services, and the potential for digitally enabled infrastructure, growth potential is clearly being developed.
The noninvasive medical sensor market demand in the U.S. continues to increase dramatically as a result of the ailing chronic illness rate, remote monitoring, telehealth, and other public health surveillance increases. The CDC's total core discretionary funding for FY 2023 was about USD 9 billion, with additional mandatory funding from the Prevention and Public Health Fund. Non-invasive wearable monitoring grants maintain funding under a cooperative agreement with the CDC. Medicaid reimbursements, under the CMS, for remote physiologic monitoring and non-invasive sensor devices have included uncomplicated. Spending on these types of devices by Medicare increased between perhaps 11% and 15% per year from 2020 to 2024. Industry groups advocate for more sensor-based diagnostics to be included in wide healthcare practices. In conclusion, U.S. federal funding and Medicare/medicaid coverage changes, and the demand of patients in an aging population, provide a very robust noninvasive medical sensor market opportunity for non-invasive sensors.
The growth in noninvasive medical sensor market in Canada can be attributed to an aging population, prevalence of chronic disease, and a broader focus on at-home care and telemonitoring. Growing funding of medical sensors as part of the digital health infrastructure and remote diagnostics through Health Canada and the Canadian Institute for Health Information (CIHI) implies expanding efforts for health care monitoring at scale. Provincial health ministries like Ontario, BC, and Alberta are expanding funding support for telehealth and remote monitoring equipment in chronic disease management and elderly care. Canada is modernizing its regulatory procedures to sequentially approve sensor technology, allowing more devices to be adopted into noninvasive medical sensor market practice.
APAC Market Insights
Asia Pacific is poised to exhibit a notable CAGR in the global noninvasive medical sensor market throughout the discussed period. The market growth is being fueled by aging populations, increased demand for remote, home-based care, and governmental shifts to digital health infrastructure. The Ministry of Health, Labour and Welfare (MHLW) and the Japan Agency for Medical Research and Development (AMED) in Japan are actively modernizing regulations by increasing conditional approvals. India and Malaysia are seeing demand domestically, augmented by national digital health policies and privatized pilot programs. South Korea is further developing very specific reimbursement mechanisms and public subsidies through its National Health Insurance Service (NHIS).
In 2024, the NMPA in China approved 64 innovative medical devices. Again, many of the approved devices involved cardiovascular and remote monitoring technologies. National insurance reimbursement has hit the market for wearable health monitoring and is based on the foundation of its reimbursement principles, based on NHSA's latest paperwork on a balance between offline and online services, in areas like Jiangsu and Shenzhen. The public health non-invasive sensor spending has expanded by an average of ??% in India noninvasive medical sensor market. By comparison, Malaysia's payer's patient base requiring sensor archive-based monitoring during the range of 2013-2023 grew by approximately two times, as funding support rose by 18% over the coverage range, and approximately 40% before the pandemic. In South Korea noninvasive medical sensor market, the National Health Insurance Service (NHIS) now reimburses for at least continuous monitoring devices related to chronic disease, and is requested, promising to be reviewed as a matter of public service. Real-world deployment statistics on the size of three of these countries represent the new standard of public and private sector partnerships in the context of sensor-based chronic and ageing care.
Investments/market size estimates in noninvasive medical sensor market across key Asia‑Pacific countries
Country |
2024 Estimated Market Size (USD million) |
Approximate Share of APAC |
China |
9,282 M |
52% |
Japan |
2,106 M |
11% |
India |
1053 M |
5% |
Europe Market Insights
The Europe noninvasive medical sensor market is estimated to garner a notable industry value from 2025 to 2034. Growth in this area is being driven by the European Union (EU) digital health strategy, which is supported by programs such as EU4Health. This promotes sensor-based diagnostics and remote monitoring systems. The arrangements, combined with EU-funded research grants for Horizon 2020 and Horizon Europe projects, have utilized tens of millions of EU funding for innovations in wearable and AI-powered biosensors, in diabetes, cardiac, and aging care. Each Member state with digital health strategies is investing in digital health infrastructure that enables the integration of non-invasive sensor data into service delivery and public health surveillance platforms. The rise in chronic disease is driving additional demand. The trend toward regulatory clarity supports accelerated entry into the market and expansion in the leading European market.
Reports from the European Medicines Agency and European Commission health portals suggest that the UK noninvasive medical sensor market was spending approximately 9% of the NHS budget on digital health and non-invasive sensor-based diagnostics in 2023. The volume of demand for adoption between 2021-2023 increased by nearly 15% annually. The Association of the British Pharmaceutical Industry (ABPI) has recently called for sensor-based diagnostics to be more fully integrated into the NHS. EU Horizon projects involving UK institutions have also assisted national uptake. Overall, there is a healthy demand with pre-existing public reimbursement and systematic innovation funding support from the NHS and ABPI.
German noninvasive medical sensor market federal health reports reveal that spending on medical sensors, which are non-invasive, neared €3 billion in 2024. The Federal Ministry of Health, BMG, has added intermittent, wearable, and remote monitoring devices to the guidelines for care and treatment with the GKV covering continuous monitoring for chronic conditions, which include heart failure, diabetes, and hypertension. The German Medical Association, BÄK, recently noted that more than 4 million patients used sensor solutions at home in December 2023. In general, Germany's healthcare system and the high per capita usage of medical devices have created the space for one of the largest non-invasive sensors markets in Europe.
Investment in non-invasive medical sensors across major European countries
Country |
2024 Market Size (USD million) |
Approximate Investment Share (% of Europe total) |
Germany |
1 54 |
~8 % of global; largest in Europe |
France |
760 |
~4 % of global; 2nd in Europe |
Italy |
584 |
~3 % of global; 3rd in Europe |
Spain |
~500 |
~2 % of global; 4th in Europe |

Key Noninvasive Medical Sensor Market Players:
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The noninvasive medical sensor market is highly competitive and features a number of American and European companies that emphasize technologies for wearable and remote patient monitoring. In addition to Medtronic, Abbott, and Siemens, many firms have long product development pipelines and have acquired other firms to diversify their sensor product lines. Many manufacturers from Japan, South Korea, and India are growing quickly due to strong regional demand and favorable regulatory environments. Manufacturers are leaning into high-demand areas, including artificial intelligence, miniaturization, and interoperability, to assume a greater share of the noninvasive medical sensor market. Common strategies for the industry have been partnerships with potential end-users as providers.
Here is the list of prominent companies in the noninvasive medical sensor market:
Company Name |
Country |
Market Share |
Medtronic plc |
USA |
~11% |
Abbott Laboratories |
USA |
~10% |
Siemens Healthineers AG |
Germany |
~9% |
Philips Healthcare |
Netherlands |
~7% |
Omron Healthcare Co., Ltd. |
Japan |
~6% |
Dexcom, Inc. |
USA |
xx% |
Fujifilm Holdings Corporation |
Japan |
xx% |
ResMed Inc. |
USA |
xx% |
Nipro Corporation |
Japan |
xx% |
Samsung Electronics |
South Korea |
xx% |
Honeywell International Inc. |
USA |
xx% |
BioTelemetry, Inc. (now part of Philips) |
USA |
xx% |
Smiths Medical |
UK |
xx% |
GE Healthcare |
USA |
xx% |
B. Braun Melsungen AG |
Germany |
xx% |
3M Health Care |
USA |
xx% |
Drägerwerk AG & Co. KGaA |
Germany |
xx% |
Biocon Ltd. |
India |
xx% |
Resonance Health |
Australia |
xx% |
DexaMed (Malaysia) |
Malaysia |
xx% |
Below are the areas covered for each company in the noninvasive medical sensor market:
Recent Developments
- In January 2024, Abbott Laboratories launched a new FreeStyle Libre 3 continuous glucose monitoring system. As part of this iteration, it included real-time glucose reading with a smaller sensor that has increased accuracy. In Abbott's Q2 2024 earnings report, Abbott stated that the addition of their new monitoring system leads to increased utilization and offers a 14% increase in global market share within continuous glucose monitors and over 3 million active users by mid-2024.
- In April 2024, Medtronic launched its upgraded Guardian Connect system with the AI-powered Sugar.IQ app in Q2 2024, enhancing predictive glucose alerts and customizing insights for each patient. The data collected post-launch showed a 12% increase in devices sold and put to use in North America after six months.
- Report ID: 7977
- Published Date: Jul 31, 2025
- Report Format: PDF, PPT
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Noninvasive Medical Sensor Market Report Scope
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