A new report on the Wearable Sensors Market, published by Market Research Future (MRFR), with Major Drivers, Mega Trends, Regional Overview during the forecast period (2017-2027). Considering the phenomenal growth, the market is witnessing currently; Market Research Future (MRFR) in its recently published study report asserts that global wearable sensors market will aggrandize exponentially by 2020 registering a massive CAGR of 46.6%
The thriving wearable sensors market is expected to register significant accruals throughout the forecast period. Factors predominantly supporting the growth of the market include the growing demand for smart and connected devices that have increased the market penetration of wearable devices making them a mainstream commodity in today’s tech landscape.
Developments in the wearable technology have proven to be a block-building factor for the market growth of these sensors. Moreover, the integration of IoT with the evolving sensor technology is escalating the market on the global platform.
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Leading Market Key Players
- InvenSense, Inc
- NXP Semiconductors
- Panasonic Corporation
- Robert Bosch GmbH
- Texas Instruments Incorporated
- KIONIX, INC. (ROHM Co., Ltd.)
- Measurement SpecialtiesInc
- Analog Devices, Inc
- ZOLL Medical Corporation
- Freescale Semiconductor, Inc
- Infineon Technologies AG and others.
Global Wearable Sensors Market – Segments
For ease of understanding, the market is segmented into four key dynamics: –
- By Types: Motion Sensors, Medical-based Sensors, Pressure Sensors, Position Sensors, Image Sensors, and Inertial Sensors among others.
- By Application: Smart Glasses, Smart Wristwear, Smart Bodywear’s, Smart Footwear, and other wearable devices.
- By End-User: Healthcare, Consumers, Enterprises, and Industrial among others.
- By Regions: North America, Asia Pacific, Europe, and the Rest-of-the-World.
Geographically, the wearable sensors market span across regions namely, Europe, North America, Asia Pacific, and the Rest-of-the-World (RoW).
Considering the global scenario, the North American region is poised to occupy the most significant share as the region offers room to the most prominent players and is in a position to adopt technological advancements at its earliest. The high adoption of digital technology in the U.S. has further intensified the growth of the market in this region. With the booming healthcare infrastructure, the market is estimated to flourish.
The European region occupies the second spot and is anticipated to evolve at a significant pace in the foreseeable future. With advancing technology and purchasing power required for the market growth, the region is anticipated to gain an impetus. Moreover, the conscious awakening regarding a healthy lifestyle is considered a major factor propelling the market growth in the long run.
The Asia Pacific region is estimated to expand at the fastest rate as the strong economic growth has infused healthy purchasing power which is estimated to encourage the proliferation of wearable sensors in the coming years.
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- Medical device manufacturers and distributors
- Government research organizations
- Hospitals and clinics
- Regulatory agencies
- Pharmaceutical companies
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Table Of Content
1 Research Scope and Methodology
1.1 Market Definition
1.2 Market Breakdown By Type, Application And End Users
1.3 Market Breakdown By Geography
1.4 Research Methodology And Sources
2 Executive Summary
2.1 Key Findings
2.2 Research Summary
3 Market Outlook
3.2 Wearable Sensors By Type
3.2.1 Motion Sensors
3.2.2 Medical Based Sensors
3.2.3 Image Sensors
3.2.4 Position Sensors
3.2.5 Pressure Sensors
3.2.6 Inertial Sensors
3.2.7 Other Sensors
3.3 Wearable Sensors By Application
3.3.1 Smart Wristwear
3.3.2 Smart Glasses
3.3.3 Smart Bodywears
3.3.4 Smart Footwear
3.3.5 Other Wearable Devices
3.4 Wearable Sensors By End User
3.4.1 Consumer Applications
3.4.2 Healthcare Applications
3.4.3 Enterprise And Industrial Applications
3.5 Trends In The Market
3.5.1 Usage Of Cloud Computing In Wearables
3.5.2 Integration Of Sensors And Sensor Innovations
3.6 Opportunities In The Market
3.6.1 Introduction Of Smart Textile In Wearable Electronics
3.6.2 Wearable Systems In Physiological Monitoring
3.7 Factors Driving The Market And Its Impact On Market Forecast
3.7.1 Rise In Wearable Sensors For Infants
3.7.2 Rise In Home And Remote Patient Monitoring
3.7.3 Rapid Innovations In Sensor Technology
3.7.4 Impact Analysis Of Drivers On Market Forecast
3.8 Factors Hindering The Market And Its Impact On Market Forecast
3.8.1 Privacy And Security Concerns
3.8.2 Higher Power Consumption
3.8.3 Thermal Considerations And Device Protection
3.8.4 Technical Difficulties (Hardware And Software Issues)
3.8.5 Impact Analysis Of Restraints On Market Forecast
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