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Global Electronic Underwear Market (2016-2024)- Research Nester

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<strong>Global</strong> <strong>Electronic</strong> <strong>Underwear</strong> <strong>Market</strong>:<br />

Industry Insights & Opportunity Evaluation,<br />

<strong>2016</strong>-<strong>2024</strong><br />

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Launch & Viability of Product<br />

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Real Estate<br />

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<strong>Global</strong> <strong>Electronic</strong> <strong>Underwear</strong> <strong>Market</strong><br />

Overview<br />

<strong>Electronic</strong> <strong>Underwear</strong> <strong>Market</strong> By Demography (Men, Women) By<br />

Distribution Channel (Online Store, Offline Store) and Region - <strong>Global</strong><br />

Forecast <strong>2016</strong> to <strong>2024</strong><br />

<strong>Electronic</strong> underwear or smart e-pants is defined as an electronic<br />

garment which helps to prevent bedsores. Smart e-pants help to reduce<br />

the risk of pressure ulcers in the sacrum (base of spine). This<br />

technology improves the care of individuals confined to beds or<br />

wheelchairs. <strong>Electronic</strong> underwear uses electrical stimulations to<br />

produce brief contractions in muscles that are compressed for prolonged<br />

period of time. These electrical stimulations are repeated every few<br />

minutes which in turn helps the patients to prevent bedsores.<br />

<strong>Market</strong> Size and Forecast<br />

<strong>Global</strong> <strong>Electronic</strong> <strong>Underwear</strong> <strong>Market</strong> is expected to grow at a robust<br />

growth over the forecast period i.e. 2017-<strong>2024</strong>. Smart e-pants market is<br />

driven by various factors such as rising health awareness among the<br />

patients regarding smart e-pants and rising disposable income of the<br />

consumers.<br />

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In terms of geography, North America region is expected to dominate<br />

the market during the forecast period aided by the U.S. Further, wide use<br />

of these clothing technologies in the treatment of bedsores and rapid<br />

urbanization are believed to flourish the growth of electronic<br />

underwear/smart e-pants market in the region. Moreover, major<br />

healthcare companies are projected to enter into the North Americas<br />

electronic underwear market which is further likely to boost the growth<br />

of electronic underwear/smart e-pants market in the region over the<br />

forecast period.<br />

Europe region is anticipated to hold the second largest market in<br />

electronic underwear/smart e-pants by the end of <strong>2024</strong>. Further, the<br />

major countries to witness the augment demand for electronic<br />

underwear/smart e-pants in Europe include Germany, France, U.K. and<br />

others countries. Additionally, increased adoption of technological<br />

advanced products and a greater demand for smart healthcare devices<br />

are envisioned to foster the growth of electronic underwear/smart e-<br />

pants market in the Europe region. Asia-Pacific region is also projected<br />

to show a tremendous growth over the forecast period i.e. 2017-<strong>2024</strong>.<br />

The growth in this region is credited to the rise of middle class and<br />

purchasing power of the population. Furthermore, Japan and China are<br />

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envisioned to lead the market for electronic underwear in this region<br />

owing to rising demand for smart e-pants from old age population.<br />

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<strong>Market</strong> Segmentation<br />

Our in-depth analysis segmented the global electronic underwear/smart<br />

e-pants market in the following segments:<br />

By Demography<br />

Men<br />

Women<br />

By Distribution Channel<br />

Online Store<br />

Offline Store<br />

By Region<br />

<strong>Global</strong> electronic underwear/smart e-pants market is further classified on<br />

the basis of region as follows:<br />

North America (U.S. & Canada) <strong>Market</strong> size, Y-O-Y growth &<br />

Opportunity Analysis<br />

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Latin America (Brazil, Mexico, Rest of Latin America) <strong>Market</strong> size, Y-<br />

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 Zealand,<br />

South Korea &Rest of Asia-Pacific) <strong>Market</strong> size, Y-O-Y growth &<br />

Opportunity Analysis<br />

Middle East and Africa (GCC, South Africa, North Africa and Rest of<br />

Middle East and Africa) <strong>Market</strong> size, Y-O-Y growth & Opportunity<br />

Analysis<br />

Growth Drivers and Challenges<br />

Factors such as rising adoption of wearable electronics and growing<br />

demand for smart e-pants from healthcare sector for the prevention of<br />

bedsores or pressure ulcer are believed to be the dynamic factor behind<br />

the rapid growth of electronic underwear/smart e-pants market across the<br />

globe. Further, rising old age population and increased number of<br />

patients affected with pressure ulcer disease are envisioned to bolster the<br />

growth of electronic underwear/smart e-pants market by the end of <strong>2024</strong>.<br />

Moreover, positive growth in IT industry across the globe which in turn<br />

further increase their research & development activities to develop<br />

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advanced and latest technology products and swelled disposable income<br />

of the population across the globe supported by the positive GDP figures<br />

in growing nations supporting the penetration of smart consumer<br />

electronics which are projected to boost the demand for electronic<br />

underwear/smart e-pants.<br />

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However, high cost associated with the electronic underwear and lack of<br />

awareness regarding electronic underwear/smart e-pants are anticipated<br />

to hinder the growth of electronic underwear/smart e-pants market over<br />

the forecast period.<br />

Key players<br />

The major key players for electronic underwear/smart e-pants market are<br />

as follows<br />

GlideWear<br />

Company Overview<br />

Key Product Offerings<br />

Business Strategy<br />

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SWOT Analysis<br />

Financials<br />

Key potential companies that may enter into manufacturing of electronic<br />

underwear/smart e-pants are mentioned below:<br />

Rober limited<br />

EHOB<br />

Hill-Rom<br />

Stryker<br />

Apex<br />

iHealthcare<br />

Proma Reha<br />

Besco<br />

Graham Field<br />

Invacare<br />

ARDO<br />

Scope and Context<br />

Overview of the Parent <strong>Market</strong><br />

Analyst View<br />

Segmentation<br />

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The global electronic underwear/smart e-pants market is segmented as<br />

follows:<br />

By Demography <strong>Market</strong> Size & Y-O-Y Growth Analysis<br />

By Distribution Channel <strong>Market</strong> Size & Y-O-Y Growth Analysis<br />

By Region <strong>Market</strong> Size & Y-O-Y Growth Analysis<br />

<strong>Market</strong> Dynamics<br />

Supply & Demand Risk<br />

Competitive Landscape<br />

Porter’s Five Force Model<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 dynamic<br />

environment<br />

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http://www.researchnester.com/reports/electronicunderwear-market-global-demand-analysis-opportunityoutlook-<strong>2024</strong>/408<br />

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