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Market Research Report

Global Wearable Biosensors Market Report: Size, Trends, Share, Key Players, Competitor Strategies, Growth Drivers & Restraints, Regional Segmentation, & Forecast 2017-2025

Published On : 2018-05-22 Report Page : 320 Category: Hardware and ICT

Global Wearable Biosensors Market Outlook 2017-2025

Market Overview

With rising geriatric population, monitoring older adults passively in their own living settings through placing sensors in their living environments or the objects they use is of utmost importance. In-home monitoring technology add on the benefit of measuring individualized health status and reporting it to the care provider and caregivers alike, allowing timely and targeted preventive interventions, even in home and community based settings The wearable biosensors market is expected to exceed more than USD 26.4 billion by 2025 at a CAGR of 8.12% in the given forecast period. The automobile industry has undergone a revolution in the recent past and cars are practically higher end microprocessors on wheels and so on In-car health and wellness monitoring will become the key differentiator, for instance, Tata Elxsi’s proven expertise in biomedical instrumentation ably supported by industrial design and car diagnostics can offer excellent solutions for the challenges posed by the in-car wellness/ health monitoring applications. However, lack of versatility, smaller size and less penetration among the population tends to hamper the wearable biosensor market. Further, the major challenge for the global wearable technology is to tackle with the security and privacy issues. As the wearable are connected over internet, it can be hacked in its application and the data stored can be stolen, posing high risk to the citizens as well as to the nation.

Global Wearable Biosensors Market Segmentation

By Technology

  • Accelerometers & Motion Sensors
  • Biochemical Sensors
  • Photoplethysmographic Sensors

By Biosensor Type

  • Calorimetric Biosensors
  • Potentiometric Biosensors
  • Acoustic Wave Biosensors
  • Amperometric Biosensors
  • Optical Biosensors

By Application

  • Health & Wellness Monitoring
  • Safety Monitoring
  • Home Rehabilitation
  • Disorder Detection
  • Environment Monitoring
  • Assessment of Treatment Efficacy
  • Others (Biodefense, Point of Care Testing)

Health & wellness monitoring dominated the market and accounted for the market share of 27.35% in 2017. Monitoring and timely intervention are extremely important in the continuous management of health and wellness among all segments of the population, but particularly among those with mild dementia.

By End User

  • Hospitals
  • Home Diagnostics
  • Point of Care Testing
  • Biodefense and Security
  • Research Laboratories
  • Food & Beverages Industry
  • Manufacturing Industry
  • Energy & Utility Sector

Home diagnostics is the major end user segment and accounted for the highest market share of 30% in 2017 in the global wearable biosensors market followed by point of care testing and hospitals owing to wearable biosensor advances in data analysis and artificial intelligence techniques which are responsible for paradigm shift in remote management and monitoring of chronic disease.

By Geography

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion)} Wearable Biosensors Market
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)} Wearable Biosensors Market
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)} Wearable Biosensors Market
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)} Wearable Biosensors Market
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)} Wearable Biosensors Market
  • Rest of the World {Market Share (%), Market Size (USD Billion))} Wearable Biosensors Market

On the basis of region, North America dominated the wearable biosensors market on the back of available advanced technological infrastructure, thus major manufacturers are present in this region and increased spending on wearable technology in healthcare, fitness and security. Europe & APAC are the fastest growing region due to increase in demand of automated wearables that can keep daily track and consumer awareness regarding benefits of wearable biosensors. Latin America and Middle East & Africa tends to grow at substantial rate owing to increase in demand of fitness devices with low cost and increased benefits.

Covered In This Global Wearable Biosensors Market Report

The report covers the present ground scenario and the future growth prospects of the facility management market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players worldwide. Wearable Biosensors market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

Global Wearable Biosensors Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Wearable Biosensors market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Wearable Biosensors Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Our Global Wearable Biosensors Market Report comprises of the following companies as the key players: Google Inc., Microsoft, SAMSUNG, Apple Inc., VitalConnect, Huawei Technologies Co., Ltd., Withings SA, Robert Bosch GmbH, Broadcom, Infineon Technologies AG, mCube, Inc., Knowles Electronics, LLC., Panasonic Corporation, TE Connectivity Ltd., Asahi Kasei Corporation, NXP Semiconductors, Invensense, Inc., Texas Instruments Inc, ARM Holdings PLC, Vancive medical technologies, Jaw bone, Tactio health group, and Zephyr.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Global Wearable Biosensors Market Report

  • What is the total market size by 2025 and what would be the expected growth rate of market?
  • What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

Reasons to buy this market study

  • Facilitate decision-making based on strong historic and forecast data for Wearable Biosensors Market
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  • Position yourself to gain the maximum advantage of the wearables growth potential
  • Identify key partners and business development avenues across the globe
  • Respond to your competitors’ business structure, strategy and prospects
  • Strategically analyze micro-markets with respect to individual growth trends, future prospects, and their contribution to the market
  • Analyze competitive developments such as expansions, investments, mergers & acquisitions, new product developments, and research & developments in the wearable biosensors market
  • Analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders
  • To strategically profile key players and comprehensively analyze their market shares and core competencies

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Global Wearable Biosensors Market Report: Size, Trends, Share, Key Players, Competitor Strategies, Growth Drivers & Restraints, Regional Segmentation, & Forecast 2017-2025

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