Abstract
A sensor is an instrument that converts a physical, chemical, and/or biological stimulus into an electrical output via several transducer elements. Sensors are increasingly utilized in biomedical or environmental applications in the literature and industry. A life-cycle approach that includes several steps ranging from conception to commercialize to develop a sensor from idea to product is needed. In a sensor development concept, developers, and potential investors should be consider the market requirements, design possibilities, feasibility, financial return, and risk assessments. It is crucial to provide a well-defined regulatory pathway for bringing new innovation to the market with low cost and time. According to market research, microelectromechanical systems (MEMS) have a huge percentage of the market but nanoelectromechanical systems are expected to be the fastest growers, even if MEMS technology is the leader for now. Experts anticipate that the healthcare sensors will be a top growing field with the aid of artificial intelligence-based digital health applications. This chapter summarizes how to balance basic-science innovation with the reach commercialization and global market of sensors.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
