Global Wearable Biosensors Market (2016-2024)- Research Nester
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<strong>Global</strong> <strong>Wearable</strong> <strong>Biosensors</strong> <strong>Market</strong>: Industry<br />
Insights & Opportunity Evaluation, <strong>2016</strong>-<br />
<strong>2024</strong><br />
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<strong>Global</strong> <strong>Wearable</strong> <strong>Biosensors</strong> <strong>Market</strong><br />
Overview<br />
A wearable biosensor is an analytical device which is used to monitor<br />
vital signs of an individual person. It consists of three major<br />
components including bioreactor system, transducer and output<br />
devices. <strong>Biosensors</strong> are used to monitor, record transmit physiological<br />
signals in order to offer a better healthcare experience to the global<br />
population. Further, wearable biosensors are perfect solution in those<br />
professions where workers are exposed directly to dangerous<br />
conditions. Implementation of wearable biosensors in these<br />
professions can protect worker’s health as well as their lives.<br />
Furthermore, wearable biosensors have a number of applications in<br />
medical sector including health diagnostic and health monitoring.<br />
Further, they are capable of sensing of biochemical, physiological and<br />
motions of the consumers.<br />
<strong>Market</strong> Size & Forecast<br />
<strong>Global</strong> market of wearable sensors is anticipated to flourish at a<br />
robust pace during the forecast period i.e. 2017-<strong>2024</strong>. Further,<br />
growing adoption rate of health monitoring devices amongst the<br />
consumers conjugated with growing expenditure on health care are<br />
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some major factors which are envisioned to fuel the growth of <strong>Global</strong><br />
<strong>Wearable</strong> <strong>Biosensors</strong> <strong>Market</strong> during the forecast period.<br />
Furthermore, global wearable biosensors market is expected to be<br />
dominated by North America & Europe region during the forecast<br />
period. Further, North America region is anticipated to witness an<br />
adequate growth during the forecast period. Various factors such as<br />
rapid enhancement of healthcare infrastructure, high adoption rate of<br />
advanced technologies and high spending of consumers on wearable<br />
devices are projected to bolster the growth market of wearable<br />
biosensors in North America region.<br />
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Additionally, Europe is one of the leading markets of wearable<br />
biosensors and is envisioned to expand at a satisfactory pace during<br />
forecast period. Rising awareness amongst population regarding<br />
advantages of using biosensors is major factor which is likely to<br />
foster the growth of wearable biosensors market in this region.<br />
However, Asia Pacific region is anticipated to be the fastest growing<br />
market of wearable biosensors over the forecast period. This growth<br />
in Asia Pacific region can be attributed to factors such as blooming<br />
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population, growing number of patients suffering from diabetes and<br />
rising awareness towards healthcare in this region.<br />
<strong>Market</strong> Segmentation<br />
Our-in depth analysis of the global wearable biosensors market<br />
includes the following segments:<br />
By Technology<br />
• Accelerometers & Motion Sensors<br />
o Accelerometer with ECG Necklace<br />
o Accelerometer & Wireless Heart Rate Monitor<br />
o Motion Sensors<br />
• Biochemical Sensors<br />
• Photoplethysmographic Sensors<br />
o Photoplethysmographic Ring Sensor<br />
o Photoplethysmographic <strong>Biosensors</strong> with Smartphones<br />
o Photoplethysmographic ECG Magnetic Earring and Wireless<br />
Earpiece<br />
o Photoplethysmographic <strong>Biosensors</strong> with Galvanic Skin Response<br />
By Application<br />
• Health & Wellness Monitoring<br />
• Safety Monitoring<br />
• Home Rehabilitation<br />
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• Disorder Detection<br />
• Environment Monitoring<br />
• Assessment of Treatment Efficacy<br />
• Others (Biodefense, Point of Care Testing)<br />
By End User<br />
• Hospitals<br />
• Homes<br />
• Manufacturing Industries<br />
• Food & Beverage Industries<br />
• Others<br />
By Biosensor Type<br />
• Calorimetric <strong>Biosensors</strong><br />
• Potentiometric <strong>Biosensors</strong><br />
• Acoustic Wave <strong>Biosensors</strong><br />
• Amperometric <strong>Biosensors</strong><br />
• Optical <strong>Biosensors</strong><br />
By Region<br />
<strong>Global</strong> wearable biosensors market is further classified on the basis of<br />
region as follows:<br />
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• North America (U.S. & Canada) <strong>Market</strong> size, Y-O-Y growth &<br />
Opportunity Analysis<br />
• Latin America (Brazil, Mexico, Rest of Latin America) <strong>Market</strong> size,<br />
Y-O-Y growth & Opportunity Analysis<br />
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium,<br />
Netherlands & Luxembourg, Rest of Europe) <strong>Market</strong> size, Y-O-Y<br />
growth & Opportunity Analysis<br />
• Asia-Pacific (China, India, Japan, Singapore, Australia, New<br />
Zealand, Rest of Asia) <strong>Market</strong> size, Y-O-Y growth & Opportunity<br />
Analysis.<br />
• Middle East and Africa (GCC, North Africa, South Africa, Rest of<br />
Middle East and Africa) <strong>Market</strong> size, Y-O-Y growth & Opportunity<br />
Analysis<br />
Growth Drivers & Challenges<br />
<strong>Global</strong> wearable biosensors market is primarily driven by various<br />
factors including increased healthcare spending, growing chronic<br />
diseases, rising global population. Further, increasing adoption of<br />
smart wearable devices amongst the consumers coupled with rising<br />
penetration of wearable technology in healthcare sector are identified<br />
as major factors which are driving the growth of global wearable<br />
biosensors market.<br />
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Furthermore, technological advancements with sensors and there<br />
growing use in consumers daily life are also likely to propel the<br />
growth of the market. Additional benefits of wearable sensors in<br />
manufacturing industries and energy & Utility sector in order to<br />
provide safety to the workers are also anticipated to bolster the<br />
growth of global wearable biosensors market.<br />
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Additionally, various features of wearable sensors such as assess<br />
ability to real time information and early disorder detection are also<br />
envisioned to escalate the demand for wearable sensors in near future.<br />
Limited monitoring of physiological parameters and high<br />
implementation cost of wearable biosensors are some major challenge<br />
to the growth of global wearable biosensor market. Moreover, lack of<br />
technological maturity is hampering the growth of global wearable<br />
sensors market.<br />
Key Players<br />
• Google Inc.<br />
o Company Overview<br />
o Key Product Offerings<br />
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o Business Strategy<br />
o SWOT Analysis<br />
o Financials<br />
• Microsoft<br />
• SAMSUNG<br />
• Apple Inc.<br />
• VitalConnect<br />
• Huwai Technologies Co. Ltd.<br />
• Withings SA<br />
• Robert Bosch GmBh<br />
• Broadcom<br />
• Infineon Technologies AG<br />
Scope & Context<br />
Overview of the Parent <strong>Market</strong><br />
Analyst View<br />
Segmentation<br />
The global wearable biosensors market is segmented as follows:<br />
• By Technology <strong>Market</strong> Size & Y-O-Y Growth Analysis<br />
• By Application <strong>Market</strong> Size & Y-O-Y Growth Analysis<br />
• By End User <strong>Market</strong> Size & Y-O-Y Growth Analysis<br />
• By Biosensor Type <strong>Market</strong> Size & Y-O-Y Growth Analysis<br />
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• By Region <strong>Market</strong> Size & Y-O-Y Growth Analysis<br />
<strong>Market</strong> Dynamics<br />
Supply & Demand Risk<br />
Competitive Landscape<br />
Geographical Economic Activity<br />
Key Players (respective SWOT Analysis) and their Strategies and<br />
Product Portfolio<br />
Recent Trends and Developments<br />
Industry Growth Drivers and Challenges<br />
Key Information for Players to establish themselves in current<br />
dynamic environment<br />
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market-global-historical-growth-2012-<strong>2016</strong>-future-outlook-2017-<br />
<strong>2024</strong>-demand-analysis-opportunity-evaluation/490<br />
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