Wearable Health Sensor Market Size, Share, Opportunities, And Trends By End User Industry (Healthcare, Consumer Electronics, Sports/ Fitness, Others), By Type (Temperature, ECG, Motion Sensor, Blood Sensor, Others), And By Geography - Forecasts From 2025 To 2030
- Published : Nov 2024
- Report Code : KSI061610349
- Pages : 149
The wearable health sensor market is projected to grow at a CAGR of 21.39% during the forecast period.
A wearable health sensor is a device that is worn by the consumer to monitor the various biomarkers of health. The growing prevalence of various chronic diseases such as diabetes, cardiovascular diseases, and cancer, among many others, supplemented by a growing ageing population around the world, is prompting an increased need for continuous health monitoring and hence is surging the demand for devices like wearable health sensors. Furthermore, the increasing miniaturization of health sensors is another major factor anticipated to augment the growth of the wearable health sensor market during the forecast period.
The recent outbreak of the novel coronavirus disease had a positive impact on the wearable health sensor market. The pandemic upsurged the demand for wearable health sensors as they were used in the detection of COVID-19. Various companies launched wearable health sensors to fight against COVID-19. For instance, in May 2020, Phillips launched a wearable biosensor named Philips Biosensor BX100, to help monitor the confirmed and suspected COVID-19 patients in the hospital. Hence, the COVID-19 pandemic increased the demand for wearable health sensors and consequently boosted the market growth.
Rising miniaturization of health sensors
The medical device industry is utilizing the advancements in technology and integrating them with the diseases and disorders of human beings and consequently providing viable solutions for the same. With the advancements in technology, health sensors have been able to get miniaturized to an extent so that they can be wearable. Hence, various medical device companies have been taking the advantage of miniaturization and are launching new products in the market. For instance, in July 2021, Rockley Photonics launched a wearable digital health sensor system that monitors various biomarkers in the human body, such as blood pressure, glucose trends, core body temperature, alcohol level, and body hydration, among other biomarkers. In February 2019, VivaLNK announced the launch of a medical wearable sensor equipped with an Internet of Health Things (IoHT) data cloud. The device informs the wearer about its health deterioration through its analysis. The launch of such products is anticipated to further increase in the coming years with the continuous miniaturization of health sensors. This is anticipated to propel the growth of the wearable health sensor market during the forecast period.
Competitive Insights
Prominent/major key market players in the wearable health sensor market include Analog Devices Inc., Infineon Technologies AG, and Texas Instruments Incorporated, among others. The players in the wearable health sensor market are implementing various growth strategies to gain a competitive advantage over their competitors in this market. Major market players in the market have been covered along with their relative competitive strategies and the report also mentions recent deals and investments of different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the wearable health sensor market.
Segmentation
- By Type
- Position Sensor
- Temperature Sensor
- Pressure Sensor
- Others
- By End-User Industry
- Sports/Fitness
- Healthcare
- Consumer Electronics
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- UK
- Italy
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of End-Users
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Wearable Health Sensor Market Analysis, by Type
5.1. Introduction
5.2. Position Sensor
5.3. Temperature Sensor
5.4. Pressure Sensor
5.5. Others
6. Wearable Health Sensor Market Analysis, by End-User Industry
6.1. Introduction
6.2. Sports/Fitness
6.3. Healthcare
6.4. Consumer Electronics
6.5. Others
7. Wearable Health Sensor Market Analysis, by Geography
7.1. Introduction
7.2. North America
7.2.1. USA
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. Germany
7.4.2. France
7.4.3. UK
7.4.4. Italy
7.4.5. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. India
7.6.3. Japan
7.6.4. South Korea
7.6.5. Taiwan
7.6.6. Thailand
7.6.7. Indonesia
7.6.8. Others
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
9.1. NXP Semiconductors
9.2. Analog Devices Inc.
9.3. Infineon Technologies AG
9.4. Samsung
9.5. Sony Corporation
9.6. TE Connectivity
9.7. TDK Corporation
9.8. mCube Inc.
9.9. Arm Limited
9.10. Texas Instruments Incorporated
NXP Semiconductors
Analog Devices Inc.
Infineon Technologies AG
Samsung
Sony Corporation
TE Connectivity
mCube Inc.
Arm Limited
Texas Instruments Incorporated
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