Wearable Health Sensors Market

Global Wearable Health Sensors Market

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Raksha Sharma

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Global Wearable Health Sensors Market Outlook 2031:

The global wearable health sensor market size was valued at USD XX Billion in 2022 and is projected to reach USD XX Billion by 2031, expanding at a CAGR of 10.5% during the forecast period 2023 - 2031The growth of market is attributed due to increasing concern about the constant monitoring of health, inclination towards enhanced functional sensors in gadgets, and improvement of battery size and performance.

Nowadays these wearable healthcare sensors such as gyroscopes, accelerometers, and other motion sensors is estimated to be incorporated with the activity monitoring devices such as golf or tennis swing analysis tools, fitness devices, pedometer, and some sport kinetic applications.

Wearable Health Sensors Market Outlook

With the wireless connectivity, enhanced applications and vast storage capabilities in smart- phone, wearable sensors are exploring new application to be incorporated with such as monitoring on a remote patients, where the patients motion data analysis can be directly transmitted to the physician reducing time, effort, and energy, thus increasing work efficiency.

Growing concern towards healthcare has created an opportunities for the smart health sensor technologies and monitoring devices segment, which is capable enough to provide feedback to the user about their health status alerting the person to be cautious, another reason for the escalation of wearable in the healthcare industry is availability of low cost MEMS technologies.

Furthermore, with the increasing urbanization, improved lifestyle, growing awareness about health and demand for consumer electronics is anticipated to stimulate the market.

Wearable Health Sensors Market Trends, Drivers, Restraints, and Opportunities

  • Increasing demand for continuous monitoring in healthcare services is expected to augment the market during the forecast period.
  • Rising investment in advanced functional sensors in wearable and smart gadgets is estimated to propel the market during projected period.
  • Growing application of wearable health sensors incorporated into activity monitors is anticipated to spur the market in the coming years.
  • R&D and technological advancement in AI and machine learning to adopt products offered to their system and operation in healthcare sector is estimated to create lucrative opportunities for the key players of the market.
  • Expansion of internet of thing (IOT), and growing demand for applications such as fitness, consumer electronic and more is estimated to stimulate the market during the projected period.
  • Stringent regulation related to data privacy and storage is anticipated to fuel the market during the forecast period.
  • High cost of wearable sensors, data integrity and privacy concerns are some of the reason possess a challenge that can hamper the growth of the market in the coming years.

Scope of the Wearable Health Sensors Market

The report on the global wearable health sensor market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Wearable Health Sensors Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Pressure Sensors, Temperature Sensors, Position Sensors, and Others), End-users (Consumer electronics, Healthcare, Sport/Fitness, and Others)

Regional Scope

North America, Europe, Latin America, Asia Pacific, Middle East and Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Texas Instruments Incorporated; TE Connectivity; Analog Devices Inc; TDK Corporation; Maxim Integrated Products Inc.

Wearable Health Sensors Market segment insights 

The temperature sensor segment is estimated to hold major share of the market

Based on types, the market is segregated into pressure sensors, temperature sensors, position sensors, and others. The temperature sensor segment is estimated to hold major share of the market in the coming years owing to the current scenarios of the COVID cases these sensor are integrated with the IOT which helps in speeding up the virus screening procedure, companies are investing in development of wearable devices with temperature sensors, allowing them to monitors the human body temperature and providing the healthcare workers information on a real time basis about the common symptoms of COVID-19, causing the process to be efficient and seamless.

Wearable Health Sensors Market Types

The healthcare segment is expected to exhibit high CAGR

On the basis of end-users, the market is categorized into consumer electronics, healthcare, sport/fitness, and others. The healthcare segment is expected to exhibit high CAGR in the coming years due to emerging need of smart sensor within the segment as these sensors are available in miniaturized form so it can be incorporated with any devices, are more flexible, and provides information on a real time basis, along with the data collected from the device can be later used for diagnosis and analysis purpose, as it plays a vital role in healthcare analytics.

Wearable Health Sensors Market End User

Europe is anticipated to dominate the market

In the terms of regions, the market is classified as North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Europe is anticipated to dominate the market during the projected period due to growing awareness regarding fitness and easy availability of applications that monitors fitness, along with the increasing geriatric population in Western Europe using wearable to track their well-being is yet another factor driving the segment.

Wearable Health Sensors Market Region

Segments

Global wearable health sensors market has been segregated on the basis of

Types

  • Pressure Sensors
  • Temperature Sensors
  • Position Sensors
  • Others

End-users

  • Consumer electronics
  • Healthcare
  • Sport/Fitness
  • Others

Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East and Africa

Key players

Competitive Landscape

Key players competing in the global wearable health sensors market include Texas Instruments Incorporated; TE Connectivity; Analog Devices Inc; TDK Corporation; Maxim Integrated Products Inc.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance

In December 2019, researcher of Korea Advanced Institute of Science and Technology (KAIST) announced a 3D printed pressure sensors, the device uses a rigid microbump array integrated with liquid metal material which is used to create soft and flexible sensors.

In September 2020, Ams, a distributor of high performance sensors solutions announced the industry’s thinnest dedicated sensors for the measurement of blood oxygen saturation (SpO2) capable to remotely monitor this critical sign to small consumer products such as earbud, oximeter, patch, and more.

Wearable Health Sensors Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wearable Health Sensors Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Wearable Health Sensors Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Wearable Health Sensors Market - Supply Chain
  4.5. Global Wearable Health Sensors Market Forecast
     4.5.1. Wearable Health Sensors Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Wearable Health Sensors Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Wearable Health Sensors Market Absolute $ Opportunity
5. Global Wearable Health Sensors Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Wearable Health Sensors Market Size and Volume Forecast by Types
     5.3.1. Pressure Sensors
     5.3.2. Temperature Sensors
     5.3.3. Position Sensors
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Wearable Health Sensors Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Wearable Health Sensors Market Size and Volume Forecast by End Users
     6.3.1. Consumer electronics
     6.3.2. Healthcare
     6.3.3. Sport/Fitness
     6.3.4. Others
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Wearable Health Sensors Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Wearable Health Sensors Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Wearable Health Sensors Demand Share Forecast, 2019-2026
8. North America Wearable Health Sensors Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Wearable Health Sensors Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Wearable Health Sensors Market Size and Volume Forecast by Types
     8.4.1. Pressure Sensors
     8.4.2. Temperature Sensors
     8.4.3. Position Sensors
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Wearable Health Sensors Market Size and Volume Forecast by End Users
     8.7.1. Consumer electronics
     8.7.2. Healthcare
     8.7.3. Sport/Fitness
     8.7.4. Others
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Wearable Health Sensors Demand Share Forecast, 2019-2026
9. Latin America Wearable Health Sensors Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Wearable Health Sensors Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Wearable Health Sensors Market Size and Volume Forecast by Types
     9.4.1. Pressure Sensors
     9.4.2. Temperature Sensors
     9.4.3. Position Sensors
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Wearable Health Sensors Market Size and Volume Forecast by End Users
     9.7.1. Consumer electronics
     9.7.2. Healthcare
     9.7.3. Sport/Fitness
     9.7.4. Others
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Wearable Health Sensors Demand Share Forecast, 2019-2026
10. Europe Wearable Health Sensors Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Wearable Health Sensors Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Wearable Health Sensors Market Size and Volume Forecast by Types
     10.4.1. Pressure Sensors
     10.4.2. Temperature Sensors
     10.4.3. Position Sensors
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Wearable Health Sensors Market Size and Volume Forecast by End Users
     10.7.1. Consumer electronics
     10.7.2. Healthcare
     10.7.3. Sport/Fitness
     10.7.4. Others
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Wearable Health Sensors Demand Share Forecast, 2019-2026
11. Asia Pacific Wearable Health Sensors Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Wearable Health Sensors Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Wearable Health Sensors Market Size and Volume Forecast by Types
     11.4.1. Pressure Sensors
     11.4.2. Temperature Sensors
     11.4.3. Position Sensors
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Wearable Health Sensors Market Size and Volume Forecast by End Users
     11.7.1. Consumer electronics
     11.7.2. Healthcare
     11.7.3. Sport/Fitness
     11.7.4. Others
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Wearable Health Sensors Demand Share Forecast, 2019-2026
12. Middle East & Africa Wearable Health Sensors Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Wearable Health Sensors Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Wearable Health Sensors Market Size and Volume Forecast by Types
     12.4.1. Pressure Sensors
     12.4.2. Temperature Sensors
     12.4.3. Position Sensors
     12.4.4. Others
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Wearable Health Sensors Market Size and Volume Forecast by End Users
     12.7.1. Consumer electronics
     12.7.2. Healthcare
     12.7.3. Sport/Fitness
     12.7.4. Others
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Wearable Health Sensors Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Wearable Health Sensors Market: Market Share Analysis
  13.2. Wearable Health Sensors Distributors and Customers
  13.3. Wearable Health Sensors Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Texas Instruments Incorporated
     13.4.2. TE Connectivity
     13.4.3. Analog Devices Inc.
     13.4.4. TDK Corporation
     13.4.5. Maxim Integrated Products Inc.

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