Printed Sensors Market Worth 10.46 Billion USD by 2022

PUNE, India, July 27, 2016 /PRNewswire/ --

According to the new market research report "Printed Sensors Market by Type (Biosensor, Touch Sensor, Image Sensor, Temperature Sensor), Printing Technology (Ink-Jet Printing, Screen Printing, Flexographic Printing), Application, and Geography - Global Trend and Forecast to 2022", published by MarketsandMarkets, the market is expected to reach USD 10.46 Billion by 2022, at a CAGR of 7.0% between 2016 and 2022.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 65 market data Tables and 76 Figures spread through 190 Pages and in-depth TOC on "Printed Sensors Market"

http://www.marketsandmarkets.com/Market-Reports/printed-flexible-sensor-market-100918633.html
Early buyers will receive 10% customization on this report.

The major drivers for the printed sensors market are the growing integration of printed sensors in medical wearable devices and smart packaging as well as the benefits of printed sensors over conventional sensing technology.

Printed biosensors expected to lead the market 

The large market share of printed biosensors is attributed to the high demand for glucose test strips which are used for diabetes monitoring and are the most matured type of printed sensors. Moreover, the rapid technological advancements, growing demand for glucose monitoring in diabetic patients, and rising demand for home-based point-of-care devices are the significant growth drivers for the printed biosensors market. In addition to this, the growing integration of biosensors in consumer electronics and environmental monitoring applications also contributes to the large market share of the printed biosensors market.

Smart packaging application is expected to grow at a high rate 

Printed sensors Market play a major role in smart packaging as they help manufacturers to keep track of their inventories. They are also used to monitor temperature, humidity, and gas for sensitive products, especially food and beverages. Moreover, given the rise in the adoption of smart packaging across the globe to increase the visibility, hygiene, quality, and safety of the product, there is a demand for printed sensors.