enquiry@goldsteinresearch.com
We established a quick response research team to monitor the impacts of global pandemic COVID19 on this market to keep our clients informed about latest data and changing strategies. The report will incorporate these insight and data factors. | × |
---|
Understand the COVID-19 Outbreak and its impact on global & regional businesses
request free proposal
Insights on a world turned upside down : Re-imagining
The post-COVID19 Business resilience & recovery
How effective strategies and business recovery plans are winning the race
request free proposal
Goldstein Market Intelligence help you navigate through the COVID-19 crisis,
we will provide you most relevant market insights on crisis management,
recovery strategy & business continuity.
2020-09-01
769
United States
Wearables tend to be the world’s best-selling consumer electronics product after smartphones. Autonomous or smart wearables are projected to exceed 400 million units by 2030, with a compound annual growth rate of 56.1% which are well above laptops and televisions. The US wearable biosensors market is expected to grow at a CAGR of 8.5% in the given forecast period 2017-2030. The transition from basic to smart wearables opens up a slew of opportunities for vendors, app developers, and accessory makers, for instance, Android Wear, Tizen, and WatchOS are moving ahead with more advanced and improved version of user interfaces, user experiences, and applications, which in return will raise the expectations of what a smart wearable can do, and each platform is vying for best-in-class status. The Richline Group, a jewelry manufacturer owned by Berkshire Hathaway, is rolling out a customizable line of smart jewelry called Ela (Elegant Lifestyle Accessories). Ela pieces alert wearers when they are receiving a call or text from selected contacts. 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 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. Investments in new construction projects that include population health initiatives, ambulatory care, mental health, safety net clinics. Healthcare spend continues to grow in US; the forecast is that it will increase to 30% of GDP from the current 20% by 2050. Unit sales of wearable technology passes 42 million, but growth is slowing owing to new technology value is doubted and dieters not buying in as expected. . However, sales continue to grow for wearable tech and sales for specific brands have already seen some reversals of fortune, including wearable cameras from GoPro and Apple smartwatches in US.
By Technology
By Biosensor Type
By Application
Health & wellness monitoring dominated the market and accounted for the market share of 25% 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
Home diagnostics is the major end user segment and accounted for the highest market share of 27.7% in 2017 in the United States 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.
The report covers the present ground scenario and the future growth prospects of the facility management market for 2017-2030 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.
United States Wearable Biosensors Market Outlook 2017-2030, 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. “United States 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.
The report analyses and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "United States Wearable Biosensors Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Our United States Wearable Biosensors Market Report comprises of the following companies as the key players:
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.
For a full detailed overview, send us the sample request.
A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements
OR Call Us:+1-646-568-7747Global Agricultural Robots Market Outlook 2030: On the basis of products, On the basis of technology, On the basis of application With COVID-19 impact | Forecast Period 2017-2030
Global Indoor Positioning and Indoor Navigation (IPIN) Market Report 2030: On the basis of services, On the basis of solution, On the basis of technology, On the basis of application, On the basis of end-user, On the basis of region With COVID-19 impact | Forecast Period 2017-2030
Global Smart Agriculture Market Outlook: based on Components, based on Application , based on Geography & by Region With COVID-19 impact | Forecast Period 2017-2030
Global High Voltage Cables Market Outlook 2030: Market Segmentation Based on Product Type, Based on Application & by Region With COVID-19 impact | Forecast Period 2017-2030
Global Autonomous Delivery Robots Market Report 2030: By Product Type, By End-Users, By Geography With COVID-19 impact | Forecast Period 2017-2030