Ad Header

PharmaLive

Slogan

The Pulse of the Pharmaceutical Industry

Point-of-Care Medical Sensor Adoption Driven by Cancer, Infectious Diseases

Written by: | no-reply@marketwire.com | Dated: Tuesday, May 5th, 2015

Innovation Will Be Important, but Regulators and Insurers Will Play Vital Roles in Driving Use of Diagnostics and Monitoring Outside Hospitals, Lux Research Says

BOSTON, MA–(Marketwired – May 5, 2015) – Sensor-based point-of-care medical devices that can be used outside hospitals will first make an impact in cancer care and infectious diseases as rapid innovation, coupled with regulatory and insurer enthusiasm, drives adoption, according to Lux Research.

Three major sensing technologies — imaging, optical molecular and electrochemical — will be ready for strong adoption in oncology by 2030, while the more challenging infectious diseases will see similar adoption but mainly of electrochemical sensors.

“Decisions on which sensors to develop depend heavily on market dynamics and requirements, as needs differ from one indication space to another,” said Milos Todorovic, Lux Research Analyst and lead author of the report titled, “Sensing (Is) the Future of Health Care: Technology Roadmapping Helps Find the Way.”

“The time to get into point-of-care medical diagnostics is now, given the long product development cycles in the highly regulated medical devices industry, because today’s decisions will impact market performance beyond 2020,” he added.

Lux Research analysts evaluated key point-of-care sensing technology families to predict likely adoption curves in key clinical indication spaces. Among their findings:

  • Imaging systems will dominate cancer care technology. Over the next decade, optical coherence tomography (OCT) will emerge as the dominant imaging technology in cancer care as novel imaging modalities start disrupting large legacy systems such as MRI, CT and PET.
  • Challenges abound in infectious diseases. Infectious diseases pose a big challenge for medical sensors, mainly on account of the sheer number of pathogens. Most approaches focus on in-vitro diagnostics (IVD), with electrochemical sensors seeing the largest adoption due to high stability.
  • Neurology has long-term potential. Sensors for neurology are less mature than those for infectious diseases and cancer, but potentially represent the largest opportunity in the long run due to demographic and epidemiological trends. Electrodes and imaging will lead the pack for neurological uses.

The report, titled “Sensing (Is) the Future of Health Care: Technology Roadmapping Helps Find the Way,” is part of the Lux Research BioElectronics Intelligence service.

About Lux Research

Lux Research provides strategic advice and ongoing intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients. Visit www.luxresearchinc.com for more information.

Source: Marketwired Biotech

Leave a Reply

Be the First to Comment!


 

Ad Right Top

MedAdNews

Extensive pharmaceutical business June15coverand marketing intelligence. If you would like to purchase a back issue, please contact our customer service department at MDAD@kmpsgroup.com, or call 800-869-6882.

June 2015 Focus: Top 100 Biotech & DTC

Subscribe

Ad Right Bottom

Marketing Communications Directory

Marketing Communications Directory

Healthcare Communications Agencies & Marketing Services Directory

Contract Research Directory

Contract Research Directory

Qualified Clinical Research Organizations Directory

Main Navigation
Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.