Wearable sensor devices are used for collecting data of biological and physical properties of body and environment by the sensors installed in the wearable devices. The data obtained from these devices help to assess body’s output information. Using these sensors in wearable devices enables tracking of environmental factors such as weather and temperature information as well as health and fitness activity such as heart rate, body temperature, blood pressure, stress level, speed and movement. Wearable sensors can be integrated in smart-watch, body-wear, shoes, glasses, fitness watch, sleep masks, jewellery and virtual reality headsets.
Increasing technological development in sensing devices, demand for wearable sensor devices in lifestyle, healthcare, security and fitness as well as development in telecommunication, sensor production, microelectronics and data analysis are the factors expected to propel growth of the global wearable sensor market.
Similarly, innovation in wearable sensors such as integrating them into watches, garments, smartphones, and eye-glasses as well as their application in various fields such as healthcare, military, sports and entertainment are also expected to fuel growth of the global wearable sensor market. For instance, Apple watch that includes accelerometer, microphone and pulse sensor is a wearable device.
Moreover, addition of new major players in the market such as Amazon, Google, Facebook, Microsoft, Apple, the increasing cases of chronic diseases associated with heart rate and blood pressure, rise in old age population with neurological and cardiac diseases is also expected to augment growth of the global wearable sensor market.
Market players are adopting various strategies such as advancement of products, merger and acquisition, which is expected to fuel growth of the global wearable sensor market. For instance, in March 2015, Facebook announced acquisition of Basis Science that creates wearable sensor technology for wrist-watches. Furthermore, in November 2015, Fossil Groups acquired Misfit.
Factors such as lack of awareness, safety concerns regarding security data, ambiguity in health communication protocol using wearable device, interoperability problems as well as low-cost alternatives are expected to hinder growth of the global wearable sensor market.
The wearable sensor market is regionally divided into North America, Europe, Latin America, Middle East, Asia Pacific, and Africa.
Among regions, North America is expected to witness strong growth in the wearable sensor market, owing to increasing awareness among people about health and fitness, inclination towards use of new technologies and favourable FDA approvals of sensor technology.
Europe is expected to witness robust growth in the wearable device market due to increasing demand for wearable devices in the region.
Moreover, Asia Pacific is also expected to witness strong growth in the global wearable sensor market through the forecast period, owing to low-cost of advanced sensor systems and positive reimbursement policies in the region.
The wearable sensors market is divided into type, application, vertical, and geography.
Pressure And Force Sensors
Temperature And Humidity Sensors
Microphones And Micro-Speakers
Major players active in the global wearable sensor market are Panasonic Corporation, Fossil Groups, Facebook, Apple, Infineon Technologies AG, Analog Devices, Inc., Google, Freescale Semiconductor, InvenSense, Amazon, Microsoft, and ST Microelectronics.
Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Wearable Sensor Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Wearable Sensor Industry Impact
Chapter 2 Global Wearable Sensor Competition by Types, Applications, and Top Regions and Countries
2.1 Global Wearable Sensor (Volume and Value) by Type
2.3 Global Wearable Sensor (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Wearable Sensor Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Wearable Sensor Market Analysis
Chapter 6 East Asia Wearable Sensor Market Analysis
Chapter 7 Europe Wearable Sensor Market Analysis
Chapter 8 South Asia Wearable Sensor Market Analysis
Chapter 9 Southeast Asia Wearable Sensor Market Analysis
Chapter 10 Middle East Wearable Sensor Market Analysis
Chapter 11 Africa Wearable Sensor Market Analysis
Chapter 12 Oceania Wearable Sensor Market Analysis
Chapter 13 South America Wearable Sensor Market Analysis
Chapter 14 Company Profiles and Key Figures in Wearable Sensor Business
Chapter 15 Global Wearable Sensor Market Forecast (2021-2027)
Chapter 16 Conclusions
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