According to the Market Research Future, the Wearable Sensors Market Research Report - Global Forecast till 2025 is estimated to attain a CAGR of 46.73%, reaching the highest valuation of $11,076.90 million, during the evaluation period.
Wearable Sensors Market Analysis
Technologies like smartphones and connected devices are constantly evolving, and therefore affiliated products for the same are set to launch or will be developed soon at a high rate. Among them, the market experienced the hottest trend, namely the future development of flexible and printed electronics while designing wearable products. A large number of technology-based entities around the globe are rigorously trying to develop these components, which would make it easier for the product designer. This wearable sensors market trend is estimated to flourish, led by various manufacturers with escalating demand.
Global Wearable Sensors Market: Segmental Analysis
The global wearable sensors market has been segmented on the basis of type, application, and end-users.
By mode of type, the global wearable sensors market has been segmented into medical based sensors, motion sensors, position sensors, image sensors, inertial sensors, pressure sensors, and others.
By mode of application, the global wearable sensors market has been segmented into smart glasses, smart wristwear, smart footwear, smart body wears, and others. Among these, the smart wristwear segment occupied the major share across the globe. The growth is ascribed to the increased popularity of fitness and health devices among the consumers. New entrants are offering advanced technologies in smart wristwear at lower prices than smartwatches, which is likely to encourage the growth of the segment. These wristwear offer dynamic analysis of the user activities like heart rate variation, step tracking, sleep quality analysis, and calories count which further add to its functionality.
By mode of end-users, the global wearable sensors market has been segmented into healthcare, consumer, industrial and enterprise, and others. Among these, the consumer segment is likely to gain prominence. The demand for sensor-fused devices are triggering with the increased awareness regarding remote monitoring of fitness and wellness is gaining prominence among the users.
The key players in the wearable sensor industry supporting the growth of the global wearable sensors market include some of the industrial giants such as Wearable Technologies Service GmbH, STMicroelectronics, Rackspace Hosting Inc., InvenSense, Inc., Google Inc., and Xsens Technologies.
Get Global Wearable Sensors Market: Information by Type (Motion Sensors, Medical-Based Sensors, Image Sensors, Position Sensors, Pressure Sensors, Inertial Sensors and Other Sensors), Application (Smart Wristwear, Smart Glasses, Smart Bodywears, Smart Footwear and other Wearable Devices), End User (Consumer Applications, Healthcare Applications and Enterprise and Industrial Applications) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Forecast till 2025 @
April 02, 2019: A team of researchers at the Binghamton University, State University of New York have recently developed skin-inspired electronics to conform to the skin, which allows high-performance, long-term, and real-time wound monitoring in the users.
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