Market Research Future (MRFR) in its recently published study report asserts that the already booming Market of Body Sensors is expected to gain prominence over the forecast period. The market is forecasted to reach USD 25 Billion by the end of 2023, growing at a CAGR of 10.7 % during 2017-2023.
Body Sensors Market – Key Players
Key players in Body Sensors Market are:
- Allegro MicroSystems (US)
- Koninklijke Philips N.V. (Netherlands)
- 4B Braime Components Ltd. (UK)
- Amsys GmbH (Germany)
- Althen GmbH Mess (Germany)
- ASC GmbH (Germany)
- Balluff GmbH (Germany)
- Barksdale GmbH (Germany)
- Baumer Group (Switzerland)
Body Sensors Market – Highlights
The need for small portable mobile devices that can regularly monitor the vital statistics of individuals have fueled the growth of the Body Sensors industry. Market reports linked to the healthcare sector along with published reports on other sectors have been lately made available by Market Research Future, which has also published a report on this market.
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Due to the necessity to constantly monitor various bodily parameters, the body sensors market has developed at an increased pace. Improvements in technology and an increased level of research and developed directed towards this industry, have led to emergence of positive cues for the expansion of the market. Amplified awareness and interest for the adoption of wearable technology by individuals is predicted to clearly impact the development of the industry.
Body Sensors Market – Study Objectives
- Main objective of this research is to provide information about body sensors market, type of sensors and its application.
- To provide detailed analysis of the market structure along with forecast for the next seven years of the various segments and sub-segments of the body sensors market.
- To provide insights about factors affecting the market growth.
- To analyze the body sensors market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
Body Sensors Market – Segmentation
Global Body Sensors Market has been segmented on the basis of type of sensors which includes motion sensors, position sensors, temperature sensor, inertial sensors, pressure sensor and other sensors. On the basis of application, the market is segmented into fitness, blood pressure monitoring, temperature monitoring, heart rate monitoring, weight monitoring & other applications.
Body Sensors Market – Regional Analysis
Global body sensors market is segmented into four major regions namely America, Europe Asia Pacific and Middle East & Africa. America is the largest market whose growth is attributed to extensive use of wearable medical device for fitness concerns, concentration of major medical device companies and overall growth of medical technology industry. The U.S has large number of medical devices & sensor manufacturers. Increasing home healthcare, health consciousness and demand for smart medical devices for continuous health monitoring drive the growth of this market in North America. Europe is the second largest market because of increasing adoption of smart medical devices and strengthening healthcare infrastructure. Asia Pacific is expected to be the fastest growing market due to incidence of lifestyle diseases, lack of physical activity and demand of preventive care. Middle East and Africa show steady growth.
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Some of Major Table of Contents for Body Sensors Market Research Report – Forecast To 2023
- Report Prologue
2.2 Scope of the Study
2.2.1 Research Objective
2.3 Market Structure
2.4. Market Segmentation
- Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
- Market Dynamics
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