Wearable Sensors Market perception with Key Organization Profiles - Gauge to 2020
The market Research Future Published
New Report “Wearable Sensors Market Research Report- Global Forecast To 2020”
The report gives the clear picture of current market scenario which includes
historical and projected market size in terms of value and volume,
technological advancement, macro economical and governing factors in the
market.
Wearable sensors can be used in different sports
and occasion. Wearable devices are gaining attention in research activities.
Increasing adoption of different type of wearable devices in healthcare and
fitness is one of the major driver of this market. With the miniaturization
model and falling prices, more number of sensors are expected to be in use in
the forecast period. These sensors are used in many of the different devices
like watch, smart phones, VR headsets, jewelry and many more. The key factor
for the growth of the market is small size, easy of handling and low cost.
Motion sensors are the widely used type of wearable devices. A motion sensor is
a device that can sense physical movement and used in the fitness activity. The
global wearable sensors devices market is majorly driven by increasing
prevalence of diseases like diabetes, obesity and other heart diseases.
Increasing geriatric population across the globe has led to increase the
incidents of heart disease. Additionally, advantages such as continuous
monitoring, increasing government support, and increasing healthcare
expenditure have fuelled the growth of the market during the forecast period.
Race to find the cost-effective alternatives has increases the competition
between manufacturers and is the key challenge for them. High cost of wearable
products and regulatory issues may slow the growth of the market during the
forecast period.
Wearable
Sensors Market Key Players:
InvenSense, Inc. (U.S.), Panasonic Corporation
(Japan), Robert Bosch GmbH (Germany), STMicroelectronics (Switzerland), Texas
Instruments Incorporated (U.S.), KIONIX, INC. (ROHM Co., Ltd.) (U.S.),
Measurement Specialties, Inc. (U.S.), Analog Devices, Inc. (U.S.), ZOLL Medical
Corporation (Asahi Kasei Corporation) (U.S.), Freescale Semiconductor, Inc. (U.S.),
Infineon Technologies AG (Germany). and many more.
Competitive Analysis
A number of companies are involved in the
manufacturing of the wearable sensors. The companies have adopted the organic
strategy of product launch and acquisition to gain the market. Many companies
are operating in the market, however, the major companies dominated the major
share in the market due to well-developed brand identity. Some major companies
are focusing on development of new and advanced products to gain the market
share. Whereas, some are has used the technique of acquisition and collaboration
to gain the market.
Latest Industry Updates
Being a competitive market, a number of different
manufacturer are focusing on the product launch, and acquisition for the market
development. Some of the latest development in the market are-
March 2017, Breg, Inc.,
manufactures and markets sports medicine products and services for orthopedic
patient care. The company also offers workflow management software for durable
medical equipment, prosthetics, orthotics, and supplies. The company launched
Breg Flex the first mobile health solutuion design to facilitate and improve
patients’ at-home recovery following orthopedic surgery
Oct 2014, Medtronic Inc. announced
the U.S. launch of the SEEQ Mobile Cardiac Telemetry (MCT) System, which is
used in the monitoring of the cardiac diseases. Additionally, in June 2014, the
company has completed the acquisition of Corventis Inc.
March 2017, PAREXEL
International Corporation, a leading global biopharmaceutical services
provider, announced the launch of patient sensor solution to transform clinical
trial data collection.
Regional Analysis
Regionally, the Global Wearable Sensors Devices Market is segmented into: America, Europe, Asia Pacific, and the Middle East & Africa.
Regionally, the Global Wearable Sensors Devices Market is segmented into: America, Europe, Asia Pacific, and the Middle East & Africa.
The Americas holds a significant market share of
the global market owing to the presence of huge diabetic & obese
population, and increasing prevalence of cardiovascular diseases. According to
the World Health Organization, in 2015, 9.3% of total America population is
suffering from diabetes. Additionally, during last few years there is a
significant increase in the adoption of the automation which has helped in the
growth of the market. Europe accounts for the second largest market in the
globe due to a high patient population, high healthcare expenditure and string
government support for research & development. Asia Pacific is expecting
the fastest growth for the market owing to the presence of the huge opportunity
for the growth of the market and increasing diabetic population. The Middle
East & Africa holds the least share in the market owing to the presence of
the poor economic conditions Africa. Gulf nations: Saudi Arabia and the UAE
drives the Middle East & African market due to the well-developed
healthcare sector and huge per capita income of the people.
Market Synopsis:
Wearable
Sensors Devices Market TOC:
1 Research
Scope And Methodology
1.1 Market Definition 12
1.2 Market Breakdown By Type, Application And End Users 12
1.3 Market Breakdown By Geography 13
1.4 Research Methodology And Sources 13
1.2 Market Breakdown By Type, Application And End Users 12
1.3 Market Breakdown By Geography 13
1.4 Research Methodology And Sources 13
2 Executive
Summary
2.1 Key
Findings 15
2.2 Research Summary 15
2.2 Research Summary 15
3 Market
Outlook
3.1 Introduction 17
3.2 Wearable Sensors By Type 17
3.2.1 Motion Sensors 17
3.2.2 Medical Based Sensors 18
3.2.3 Image Sensors 19
3.2.4 Position Sensors 19
3.2.5 Pressure Sensors 19
3.2.6 Inertial Sensors 20
3.2.7 Other Sensors 20
3.3 Wearable Sensors By Application 21
3.3.1 Smart Wristwear 21
3.3.2 Smart Glasses 21
3.3.3 Smart Bodywears 22
3.3.4 Smart Footwear 22
3.3.5 Other Wearable Devices 23
3.4 Wearable Sensors By End User 23
3.4.1 Consumer Applications 23
3.4.2 Healthcare Applications 24
3.4.3 Enterprise And Industrial Applications 25
3.5 Trends In The Market 25
3.5.1 Usage Of Cloud Computing In Wearables 25
3.5.2 Integration Of Sensors And Sensor Innovations 26
3.6 Opportunities In The Market 26
3.2 Wearable Sensors By Type 17
3.2.1 Motion Sensors 17
3.2.2 Medical Based Sensors 18
3.2.3 Image Sensors 19
3.2.4 Position Sensors 19
3.2.5 Pressure Sensors 19
3.2.6 Inertial Sensors 20
3.2.7 Other Sensors 20
3.3 Wearable Sensors By Application 21
3.3.1 Smart Wristwear 21
3.3.2 Smart Glasses 21
3.3.3 Smart Bodywears 22
3.3.4 Smart Footwear 22
3.3.5 Other Wearable Devices 23
3.4 Wearable Sensors By End User 23
3.4.1 Consumer Applications 23
3.4.2 Healthcare Applications 24
3.4.3 Enterprise And Industrial Applications 25
3.5 Trends In The Market 25
3.5.1 Usage Of Cloud Computing In Wearables 25
3.5.2 Integration Of Sensors And Sensor Innovations 26
3.6 Opportunities In The Market 26
4 Global
Market Size And Forecasts (2011–2020)
…Continued
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- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 5 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Market Research Future recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends.
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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