Sensors to hold largest market share during forecast period in the medical electronics market

Sensors accounted for the largest market size for different components in the medical electronics market. The reduction in the size of sensors and the adoption of MEMS technology have opened new application areas for sensors, thereby surging the demand for these sensors. The market for flow sensors is projected to grow at the significant rate during the forecast period owing to the rising demand for ventilators, respiratory systems, and other life support systems due to COVID-19.

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