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Innovative Technologies Drive Growth in Medical Sensors Market

The ability to provide constant monitoring of diseases through wearables is leading to new opportunities.

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By: Anthony Locicero

Copy editor, New York Post

The medical sensors market is growing rapidly at the moment, driven by the need to reduce healthcare costs by improving treatments, particularly of chronic illnesses among the elderly. The world’s aging population will increase by 56% to 1.4 billion by 2030 accounting for 16% of the total, Nadia Tsao, senior technology analyst, IDTechEx, told a conference in September at Cambridge, England, organized by the UK-based business intelligence consultancy. The global biosensor market will be expandi...

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