Global Body-Worn Temperature Sensors Market to Reach $2 Billion by 2030
The global market for Body-Worn Temperature Sensors estimated at US$188 Million in the year 2023, is expected to reach US$2 Billion by 2030, growing at a CAGR of 40.4% over the analysis period 2023-2030. Wearable Motion Sensors, one of the segments analyzed in the report, is expected to record a 40.2% CAGR and reach US$377.2 Million by the end of the analysis period. Growth in the Wearable Pressure Sensors segment is estimated at 34.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $63.1 Million, While China is Forecast to Grow at 37.7% CAGR
The Body-Worn Temperature Sensors market in the U.S. is estimated at US$63.1 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$302.6 Million by the year 2030 trailing a CAGR of 37.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 35.9% and 33.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 26.2% CAGR.
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