Challenges facing health care systems across the globe differ wildly, yet common themes of unsustainable cost increases, growing and aging demographics, and insufficient access to physicians and medical technology are emerging. Governments are realizing that health care systems need to be overhauled if they are to support a growing population with changing needs and demands. In the upcoming years, health care will move increasingly into a more preventive mode, with screening and very early diagnostics replacing the currently pervasive reactive approach to health care, epitomized by later-stage diagnostics and aggressive therapeutics. The medical devices industry is responding to these changes by developing new technologies and modifying existing ones to address these global challenges. Lately, medical sensors, and in particular sensing electrodes and microfluidics-based solutions, have emerged as key enablers for this shift towards decentralized health care. Here, we examine the drivers and barriers for growth in these emerging markets, and project the global market size for microfluidics-based sensors and sensing electrodes from 2012 to 2022.
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