Europe Biomedical Sensors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Europe Biomedical Sensors Industry Overview

The Europe biomedical sensors market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. These major players with a prominent share in the market are focusing on expanding their customer base across foreign countries. Rising disposable income, rising awareness about devices with sensors, and a growing customer base across the world have led to vast growth opportunities for players in this market. These players are leveraging on strategic collaborative initiatives to increase their market share and increase their profitability.

• July 2020 - Sensirion announced that TDK used its humidity and temperature sensor SHTC3 in its smart multi-sensor wireless module SmartBug. The module is designed for several IoT (Internet of Things) applications and enables quick and easy access to smart and reliable sensor data. TDK's SmartBug is a multi-sensor wireless module that leverages TDK's MEMS sensors and algorithms for a wide range of IoT applications.