Navigation Links
Printed and Flexible Sensors Market Growth Accelerating

DRAPER, Utah, Nov. 28, 2012 /PRNewswire/ -- Flexpoint Sensor Systems, Inc. (OTCBB:FLXT) today discussed a recent market research report that details strong expected growth rates in flexible printed and flexible sensor markets.

The compound annual growth rate (CAGR) of printed and flexible sensors is expected to be 22.1% over the next ten years, nearly double the growth percentage over the past ten years. Printed and flexible sensors are creating new markets using their unique advantages of flexibility, small size and functionality. By reducing mechanical bulk, Flexpoint's single layer sensor offers cost savings over many conventional sensors, as well as competitors in the flexible sensor industry. These cost savings, made possible by Bend Sensor® technology, have attracted interest from leading companies. This report also details current and emerging markets, providing detailed ten-year forecasts for biomedical, temperature, gas, strain, pressure, imaging and other types of sensors.

Printed and flexible sensors represent the latest in the development of devices that extend and augment primary human senses, and provide novel insight into those dimensions of sensation we wish to identify, quantify, qualify and explore. It is a technology that is only just emerging to meet underserved demand in fast growing markets. These sensors are rarely standalone devices, but rather integral parts of the "New Electronics", or "Smart Technology" revolution that will enhance our safety, comfort, health, and convenience, while making our products and systems more efficient, smarter, more dependable and more accurate.

Printed and flexible sensors offer distinct advantages over non-printed sensors with their incredible versatility and cost savings. Sensors can meet the demand for everything from thin, disposable applications, to products that require low-profile, contoured designs, as well as larger applications that require sensors to function over a large area. Flexible thin film technology can be combined with a variety of substrates and tailored to meet the unique demands of diverse applications. They are making complex healthcare examinations faster and cheaper to perform, adding intelligence to packaging, toys, industrial processes and much more. They will create new markets, going where conventional sensors cannot go.

Another report suggests Global demand for light vehicle OEM automotive sensors will advance 11.8 percent annually through 2014. North America will be the fastest growing region, far outpacing the Asia/Pacific and other regions based on a rebounding US market and higher per-vehicle sensor revenues.

"We are pleased that the media and analysts are arriving at the same conclusion we already knew.   While the markets have taken some time to develop as electronics and electrical components advanced to the stage where much of the functionality and advantages of flexible, thinking sensors could be properly utilized, the future for our industry and our market niches has never looked brighter.  We are confident that we will be able to achieve sizeable growth as the marketplace continues to expand," stated Flexpoint CEO Clark Mower.

About Flexpoint:

Flexpoint Sensor Systems (OTCBB:FLXT) is an innovative technology firm specializing in developing products that feature the Company's patented Bend Sensor® and related technology. The Bend Sensor® is a groundbreaking sensing solution that is revolutionizing applications in the automotive, safety, medical and industrial industries. The Bend Sensor's single-layer, thin film construction cuts costs and mechanical bulk while introducing a range of functions and stylistic design possibilities that have never before been available in sensing technology. Flexpoint's technology and expertise have been recognized by the world's elite business and academic innovators for over 17 years. The company is setting a new standard for sensing solutions in the "smart" age of technology.              

Forward-Looking Statements

This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.


Flexpoint Sensor Systems – PR Contact
Chris Mumford

Brokers and Analysts:
Chesapeake Group

SOURCE Flexpoint Sensor Systems, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. NanoMarkets Releases New Report on Thin-Film and Printed Batteries
2. Hitachi Aloka Medical Releases Noblus, Advanced Versatile Ultrasound with Flexible Style
3. FUJIFILM Introduces Flexible DR Room Offering
4. Middle East and Africa Endoscopy Devices Market Outlook to 2017 - Flexible Endoscopes, Rigid Endoscopes, Endoscopy Visualization Systems, Capsule Endoscope Systems and Others
5. Kimberly-Clark Health Care Receives FDA Clearance For KIMGUARD ONE-STEP Sterilization Wrap Portfolio With One-Year Maintenance Of Package Integrity And Amsco V-PRO maX (Flexible Cycle)
6. Middle East and Africa Endoscopy Devices Market Outlook to 2017 - Flexible Endoscopes, Rigid Endoscopes, Endoscopy Visualization Systems, Capsule Endoscope Systems and Others
7. Biosensors Reports Strong Sales and Profitability in the First Quarter of Fiscal Year 2013
8. PendoTECH Single Use Process Sensors Reduce The Environmental Impact Of Critical Bioprocess Operations
9. C8 MediSensors Closes $19 million Preferred Stock Financing
10. Masimo Announces New Low-Profile Infant and Neonatal Pulse Oximetry Sensors
11. Global Bioinformatics Market is Expected to Reach USD 9.1 Billion in 2018: Transparency Market Research
Post Your Comments:
(Date:11/26/2015)... DUBLIN , November 26, 2015 ... has announced the addition of the  ... in the Global Cell Surface Testing ... Opportunities" report to their offering.  ... the addition of the  "2016 Future ...
(Date:11/26/2015)... November 26, 2015 ... addition of the  "2016 Future Horizons ... Therapeutic Drug Monitoring (TDM) Market: Supplier ... Emerging Opportunities"  report to their offering.  ... announced the addition of the  "2016 ...
(Date:11/26/2015)... 26, 2015 ... "Radioimmunoassay Market by Type (Reagents & ... Academics, Clinical Diagnostic Labs), Application (Research, Clinical ... 2020" report to their offering. ... addition of the "Radioimmunoassay Market by ...
Breaking Medicine Technology:
(Date:11/27/2015)... Raleigh, NC (PRWEB) , ... November 27, 2015 , ... ... most effective ways to treat it. Surviving Mesothelioma has just posted the findings ... Researchers at University Hospital Zurich analyzed the cases of 136 mesothelioma patients who were ...
(Date:11/27/2015)... ... November 27, 2015 , ... Lizzie’s Lice Pickers just announced a ... customers 10% off of their purchase of lice treatment product. In addition, customers will ... to a company spokesperson. “Finding lice is a sure way to ruin the holidays, ...
(Date:11/27/2015)... ... ... the No.1 Herpes-only dating community in the world, revealed that over 50% of its members ... billion people under the age of 50 – or 67% of the population - are ... of HSV-1 infection . , "The data shocks us highly!" said Michelle Li, Co-Founder ...
(Date:11/27/2015)... ... 27, 2015 , ... A simply groundbreaking television series, "Voices in America", which ... into an array of issues that are presently affecting Americans. Dedicated to providing the ... show is changing the subjects consumers focus on, one episode at a time. ...
(Date:11/27/2015)... Angeles, CA (PRWEB) , ... November 27, 2015 , ... ... Commission on Accreditation of Allied Health Education Programs (CAAHEP) awarded accreditation to its Diagnostic ... list of CAAHEP accredited colleges, as only one of twelve colleges and universities in ...
Breaking Medicine News(10 mins):