Global Wearable Health Sensors Market (2021 to 2026) - Growth, Trends, COVID-19 Impact, and Forecasts - ResearchAndMarkets.com

Wearable devices play a major role in healthcare analytics where the data collected from the device can be used for the analysis and diagnosis of the disease.

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Thursday, February 11, 2021
Information
Tags: 
Technology, Fitness & Nutrition, Health, Consumer electronics, Distributed computing architecture, Ambient intelligence, Wearable devices, Internet of things, Human–computer interaction, Ubiquitous computing, Information science, Wearable computer, Wearable technology, Hearables
Geotags: 
FRANCE, EUROPE, WESTERN
⚠generated by AI ↴
Summary
Key Points: 
  • Wearable devices play a major role in healthcare analytics where the data collected from the device can be used for the analysis and diagnosis of the disease.
  • The significant growth in Wearable Health Sensors market of Europe is being spurred by the reducing costs of sensors and increasing adoption of Smartphones.
  • The implementation of wearables to monitor and track their well-being is creating a significant demand for wearable health sensors.
  • Healthcare accounts for a major chunk of the wearable sensors market, particularly in the developed markets, such as the United Kingdom and France.


The "Wearable Health Sensors Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The Wearable Health Sensor Market is expected to grow at a CAGR of 10.5% during the forcast period 2021-2026.

Companies Mentioned

  • TE Connectivity Ltd
  • Analog Devices Inc
  • TDK Corporation
  • Texas Instruments Incorporated
  • Maxim Integrated Products Inc
  • Infineon Technologies AG
  • STMicroelectronics Inc.
  • Arm Limited
  • Fraunhofer IIS
  • mCube Inc.

Key Market Trends

Healthcare Industry Holds a Dominant Share in Wearable Health Sensors Market

  • The increased level of awareness concerning healthcare has created an emerging need for smart sensor technologies and monitoring devices that are able to sense and provide feedback to users about their health status, for increased safety. Miniaturization of health sensors will lead to significant benefits in their application, since smaller versions of sensors are more flexible, and they can be embedded in a variety of devices to obtain real-time information.
  • Wearable devices play a major role in healthcare analytics where the data collected from the device can be used for the analysis and diagnosis of the disease. From headsets that measure brainwaves to clothes that include sensing devices, BP monitors, etc., these have taken personal health monitoring to a new level.
  • It has been clinically proven that physiological data collected from the wireless devices is a valuable contributor for managing chronic diseases and monitoring patients post-hospitalization, as a result, the growing number of medical devices are becoming wearable these days, including glucose monitors, ECG monitors, pulse oximeters and blood pressure monitors and so on.

Europe has the Highest Market Share

  • The significant growth in Wearable Health Sensors market of Europe is being spurred by the reducing costs of sensors and increasing adoption of Smartphones. The growing consciousness among consumers regarding fitness and easy availability of applications that track and monitor fitness are driving the market ahead.
  • The expansion of wireless technology in Europe has improved the communication capabilities of sensors considerably. The miniaturization, coupled with the reduction in power requirement of sensors has enabled their integration into various devices in an aesthetic manner thus generating significant buzz among the younger users who are seeking for a combination of technology and fashion.
  • The market is expected to register high growth in the Western European countries, owing to the increasing aging population. The implementation of wearables to monitor and track their well-being is creating a significant demand for wearable health sensors.
  • Healthcare accounts for a major chunk of the wearable sensors market, particularly in the developed markets, such as the United Kingdom and France. Increasing applications in the fields of Defense and Infotainment are expected to enhance the market. Development of novel applications is the major trend.

Key Topics Covered:

1 INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Assessment on Impact of COVID-19 on the market

4.3 Market Drivers

4.3.1 Increasing Need for Continuous Monitoring In Healthcare Services

4.3.2 Rising Growth toward Advanced Functions Sensors in Smart Gadgets

4.3.3 Miniaturization of Physiological Sensors

4.4 Market Restraints

4.4.1 Dearth of Common Standards and Interoperability Issues

4.5 Value Chain Analysis

4.6 Porters Five Force Analysis

4.7 Technology Snapshot

5 MARKET SEGMENTATION

5.1 Type

5.1.1 Pressure Sensor

5.1.2 Temperature Sensor

5.1.3 Position Sensor

5.1.4 Other Types

5.2 End-user Industry

5.2.1 Healthcare

5.2.2 Consumer Electronic

5.2.3 Sports/Fitness

5.2.4 Other End-user Verticals

5.3 Geography

5.3.1 North America

5.3.2 Europe

5.3.3 Asia Pacific

5.3.4 Latin America

5.3.5 Middle East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

7 INVESTMENT ANALYSIS

8 FUTURE OF THE MARKET

For more information about this report visit https://www.researchandmarkets.com/r/lauzzj

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