Global Wearable Health Sensors Market 2024-2028
Wearable Health Sensors Market 2024-2028
The wearable health sensors market is forecasted to grow by USD 524.2 mn during 2023-2028, accelerating at a CAGR of 10.7% during the forecast period. The report on the wearable health sensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing awareness and preference for home healthcare, increasing prevalence of chronic diseases, and high demand for wearable lifestyle devices.
Technavio's wearable health sensors market is segmented as below:
By Type
- Heart rate sensors
- Pedometers
- Pressure and temperature sensors
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the increasing adoption of self-monitoring of vital organs as one of the prime reasons driving the wearable health sensors market growth during the next few years. Also, growing adoption of mobile platforms and increasing adoption of artificial intelligence (AI) and 5g will lead to sizable demand in the market.
The report on the wearable health sensors market covers the following areas:
- Wearable Health Sensors Market sizing
- Wearable Health Sensors Market forecast
- Wearable Health Sensors Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wearable health sensors market vendors that include Alphabet Inc., Analog Devices Inc., Apple Inc., Arm Ltd., Cerca Magnetics Ltd., Garmin Ltd., greenTEG AG, Infineon Technologies AG, Intel Corp., Maxim Integrated Products Inc., NXP Semiconductors NV, Omron Healthcare Inc., Panasonic Holdings Corp., Robert Bosch GmbH, Sensirion AG, STMicroelectronics International NV, TDK Corp., TE Connectivity Ltd., Texas Instruments Inc., and VivaLNK Inc.. Also, the wearable health sensors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.