Wearable Sensors Market Analysis Overview by Top Companies Analysis, Upcoming Trends, Emerging Growth, Segments and Forecast to 2025
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.
Market Segmentation
The global market for wearable sensors is subdivided into type, application, and end-user.
The market is segmented by type into motion sensors, medical sensors, image sensors, position sensors, pressure sensors, inertial sensors, and other sensors.
Based on the applications, the market is divided into smart bracelets, smart glasses, smart body clothes, smart shoes, and other wearable devices. The smart bracelet segment acquired a considerable wearable sensors market share of $436.3 million in 2018.
On the basis of end-user, the global market is bifurcated into consumer applications, healthcare applications, and commercial and industrial applications.
Industry Players
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 @
https://www.marketresearchfuture.com/reports/wearable-sensors-market-955
Industry Updates
- Researchers at Caltech, Peking University in China, University of Santa Clara and University of California Los Angeles have developed a new wearable sensor that can detect sweating caused by gout. The device features new laser-etched chemical sensors to detect compounds that cause gout, such as uric acid and tyrosine, at concentrations well below previously possible concentrations.
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