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Body worn sensors market which is USD 88.84 million in 2022, is expected to reach USD 512.82 million by 2030, at a CAGR of 24.5% during the forecast period 2023 to 2030.

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Market Definition

Body-worn temperature sensors continuously monitor infants, the elderly, and patients' health parameters such as body temperature, heart rate, and pulse rate. Temperature sensors are embedded in wearable devices to monitor body temperature and activity. Because of the low level of human intervention required to operate these sensors, the demand for body-worn temperature sensors is increasing in the hospital sector. Furthermore, body-worn temperature sensors automatically record bodily activities at regular intervals.

Body Worn Sensors Market Dynamics

Drivers

• Rising demand of physiological monitoring

Physiological monitoring aids in diagnosing and evaluating ongoing treatment for a wide range of people suffering from neurological, cardiovascular, and pulmonary disorders. Furthermore, home-based motion solutions promote individual independence, a major factor driving the demand for body-worn temperature. Other factors driving the market include increasing health-consciousness among informed individuals of all ages. Furthermore, rising demand across a wide range of applications such as mechanical, clinical, and infotainment is expected to drive the global market significantly during the forecast period.

• Technological advancements

Technological advancements in body-worn sensors are expected to produce "hearables," which will allow notifications and data to be heard rather than read. The body worn temperature sensors market serves industries such as information technology, fitness and wellness, clinical settings, healthcare and medical, industrial, and military. Over the forecast period, the global body-worn temperature sensors market is expected to be driven by rising demand in the aforementioned application areas. Ambulatory/surgical, PACU, inpatient, ED, LTC, dialysis, and continuous glucose, temperature, and blood pressure monitoring may be in high demand in the medical industry. However, the high cost of sensors and the slow acceptance of these products are the major factors impeding global market growth.

Opportunities

• Rising healthcare expenditure

According to the Centers for Medicare & Medicaid Services (CMS), the estimated average annual percent change in National Health Expenditures (NHE) in the United States was 5.2% in 2020, compared to 4.5% in 2019. Furthermore, national health expenditures are expected to reach USD 6,192.5 billion in 2028, with per capita spending reaching USD 17,611 in the same year. These are significant indicators that are expected to generate lucrative business opportunities in the coming years.

The report provides insights on the following pointers:

• Market Penetration: Comprehensive information on the product portfolios of the top players in the Body worn sensors Market.

• Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

• Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Body worn sensors Market.

Global Body Worn Sensors Market Scope

The body worn sensors market is segmented on the basis of sensor types, type, application, care setting, device placement and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

• Fitness and Wellness

• Infotainment

• Healthcare and Medical

• Clinical Setting

• Industrial and Military

Body Worn Sensors Market Regional Analysis/Insights

The body worn sensors market is analyzed and market size insights and trends are provided by country, sensor types, type, application, care setting, device placement and end user as referenced above.

The countries covered in the body worn sensors market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the body worn sensors market because of the early adoption of new technology. Furthermore, the continued dominance of smart watches, fitness bands, and wearable medical monitoring devices will drive the growth of the body worn sensors market during the forecast period.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 due to the expansion of healthcare infrastructure. Furthermore, rising per capita income is expected to drive the growth of the body worn sensors market in the region in the coming years.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Body worn sensors Market Landscape

Part 04: Global Body worn sensors Market Sizing

Part 05: Global Body worn sensors Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

This study answers to the below key questions:

1. What are the key factors driving the Body worn sensors Market?

2. What are the challenges to market growth?

3. Who are the key players in the Body worn sensors Market?

4. What are the market opportunities and threats faced by the key players?

Some of the major players operating in the body worn sensors market are:

• Siemens (Germany)

• General Electric (U.S.)

• Sensirion AG (Switzerland)

• Heimann Sensor GmbH (Germany)

• Dexter Research Center (U.S.)

• CARRE TECHNOLOGIES INC (Canada)

• Isansys Ltd. (India)

• Maxim Integrated (U.S.)

• MBIENTLAB INC (U.S.)

• Adidas AG (Germany)

• Analog Devices, Inc. (U.S.)

• TDK Corporation (Japan)

• ZOLL Medical Corporation (U.S.)

• Allegro MicroSystems, Inc. (U.S.)

• Koninklijke Philips N.V. (Netherlands)

By Sensor Types (Pressure Sensors, Motion Sensors, Temperature Sensors, Image Sensors, Position Sensors, Medical Based Sensor, Others), Application (Fitness and Wellness, Infotainment, Healthcare and Medical, Clinical Setting, Industrial and Military), Care Setting (Hospital, Home, Outpatient Clinic, Long-Term Care Facility), Type (Biosensors, Smart Watches, Wearable Patches, Hand Worn Terminals, Smart Clothing, and Others), Device Placement (Body Wear, Eye Wear, Foot Wear, Wrist Wear, Others), End-User (Manufacturing, Retail, Trade and Transportation, Government and Public Utilities, Healthcare, Media and Entertainment, Banking and Financial Services, Telecommunication, Information Technology, Others)

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