Wearable sensors play a
crucial role in patient monitoring for the healthcare industry. These sensors
help to collect patient data and personalize the treatment patterns
accordingly. In 2018, wearable sensors market attained a global value of $1.34
billion. The global wearable sensors market demand is anticipated to rise at a
profitable CAGR of 28.65% during 2019-2025. As per the report of IndustryARC, wearable
sensors market is one of the fastest growing market when compared to the other
computer and communication devices market.
The report is titled:
“Wearable Sensors Market: By Type (Motion, Pressure, Temperature, Medical &
Others); By Application (Wristwear, Eyewear, Footwear, Bodywear); By Industry
Verticals (Consumer, Healthcare, Enterprise) & By Region - Forecast(2019 -
2025).” The report offers an in-depth assessment of the competitive landscape,
market drivers, operation analysis, market trends, future prospects,
application analysis, product types, associated trends, industry verticals,
implementation patterns, technological developments, mergers and acquisitions,
market life cycle analysis, supply and demand analysis of the global wearable sensors
market.
Wearable Sensors Market:
Leading Segments
Smart watch and fitness
band are the leading applications in the global wearable sensors market. The
demand for these applications is attributed to the continuous innovations
trending in the wearable technologies combined with wireless communication
devices that attract the consumers. As a result, the demand for smart watch and
fitness band applications in the global wearable sensors market is projected to
rise at a CAGR of 35.64% during the aforesaid forecast period. Also, with the
developments in the healthcare industry and rising awareness for fitness, the
smart watch and fitness band of application segment of the market is growing.
North America is leading
the wearable sensors market and held a regional share of 29.87% in 2018.
Increased cases of diabetes and obesity are leading to the innovations in smart
wearable devices in this region, especially in the U.S. As per Centers for
Disease Control and Prevention (CDC), about 30.3 million people have diabetes
which accounts for 9.4% of the U.S. population [1].
These cases within North America are increasing the awareness of health and
fitness among the population; thereby, growing the usage of wearable sensors
systems embedded in the health and fitness related wearable devices.
Wearable Sensors Market:
Disruptive Trends
· Smart fabrics
consist of embedded sensors that communicate with the surroundings. The
potential for this smart fabrics market is huge. The end-user applications such
as health, fitness, medical, military, and fashion are leading to the growth of
these smart textile market. Also, smart textile market is attracting
investments from sports industry and benefitting from the interest in Internet
of Things sensors.
· Smart
glasses are gaining traction since the launch of Google Glass. Though the
former is undergoing several improvements, there are other smart eyewear that
are blended with sensors and different technologies in the wearable smart
eyewear market. Countries such as China, Japan, and the U.S are developing
smart glasses which combine Augmented Reality, Bluetooth technology, optic
sensors, activity-tracking sensors, motion-detecting sensors, and other
relevant technologies to serve unique purposes in identifying fraud, virtual
assistance, and reading assistance.
Wearable Sensors Market:
Competitive Landscape
Currently, the key players
operating with a major share in the global wearable sensors market are
STMicroelectronics, Texas Instruments Incorporated Inc., Analog Devices Inc.,
Infineon Technologies AG., InvenSense Inc., ON Semiconductor Inc., Panasonic
Corporation., NXP Semiconductors N.V., and Knowles Electronics Broadcom.
Talk to one of our sales
representative about the full report by providing your details in the link
below:
https://www.industryarc.com/support.php?id=16340
Related Reports:
A. Wearable Medical
Devices Market
https://www.industryarc.com/Report/205/Wearable-medical-devices-Market-Analysis-Report.html
B. Wrist Wearable
Devices Market
https://www.industryarc.com/Report/167/wrist-wearable-devices-market-analysis-and-forecast.html
What can you expect from
the report?
The wearable sensors
market is prepared with the main agenda to cover the following 20 points:
1. Market Size by
Product Categories &
Application
11. Demand Analysis (Revenue & Volume)
2. Market trends &
Relevant Market
Data
12. Country level
Analysis
3. Manufacturer
Landscape
13. Competitor
Analysis
4. Distributor Landscape
14. Market
Shares Analysis
5. Pricing Analysis
15. Value
Chain Analysis
6. Top 10 End user
Analysis
16. Supply
Chain Analysis
7. Product Benchmarking
17. Strategic
Analysis
8. Product Developments
18. Current
& Future Market Landscape Analysis
9. Mergers &
Acquisition Analysis
19. Opportunity
Analysis
10. Patent Analysis
20.
Revenue and Volume Analysis
Frequently
Asked Questions:
Q. Does IndustryARC
provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by
extracting data from our database of reports and annual subscription databases.
We can provide the following free customization:
1. Increase the level of
data in application or end user industry.
2. Increase the number
of countries in geography chapter.
3. Find out market
shares for other smaller companies or companies which are of interest to you.
4. Company profiles can
be requested based on your interest.
5. Patent analysis,
pricing, product analysis, product benchmarking, value and supply chain
analysis can be requested for a country or end use segment.
Any other custom
requirements can be discussed with our team, drop an e-mail to [email protected] to discuss
more about our consulting services.
To request for a
proposal, provide your details in the below link:
https://www.industryarc.com/reports/request-quote?id=16340
Media Contact:
Mr. Venkat Reddy
Sales
Manager
Email 1:
[email protected]
Or Email 2:
[email protected]
Contact Sales:
+1-614-588-8538 (Ext-101)
About IndustryARC: IndustryARC is a Research and Consulting
Firm that publishes more than 500 reports annually, in various industries such
as Agriculture, Automotive, Automation & Instrumentation, Chemicals and
Materials, Energy and Power, Electronics, Food and Beverages, Information Technology,
and Life sciences and Healthcare.
Reference:
[1] https://www.cdc.gov