Global Body Worn Temperature Sensor Market to grow at CAGR of 5.8% from 2021to 2027.Global Body Worn Temperature Sensor Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Body worn temperature sensor is a technology which helps in monitoring patients
remotely. It is also used for effectively monitor and measure the activities of body such as body temperature, heart rate and pulse rate. The increasing level of awareness for health care and quality of sensors along with day to day inovation has led the adoption of Body Worn Temperature Sensor across the forecast period. For instance, smartwatch unit sales increased from 5 million in 2014 to 141 million in 2018, according to the Consumer Technology Association. This growth is mainly due to the growing awareness of personal health. It has contributed to the increasing adoption of sensors in wearable devices. Besides, sales of connected wearable devices grown from 325 million devices in 2016 to 593 million devices in 2018 specifically in healthcare applications. However, slower acceptance of products impedes the growth of the market over the forecast period of 2021-2027. Also, Opportunity for new entrants with enhanced product quality is likely to increase the market growth during the forecast period.
The key regions considered for the regional analysis of global Body Worn Temperature Sensor market are Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the significant region across the world in terms of market share owing to early adoption of technology, well-established healthcare infrastructure and reduction in power requirements in sensors. Whereas, Asia-Pacific is also anticipated to exhibit highest CAGR over the forecast period 2021-2027. Factors such as increase in focus by governments on improving healthcare infrastructure, technological advancements, and presence of strong vendors would create lucrative growth prospects for the Body Worn Temperature Sensor market across Asia-Pacific region.
Major market player included in this report are:
Analog Devices, Inc.
STMicroelectronics N.V.
Texas Instruments, Inc.
Maxim Integrated Products, Inc.
Measurement Specialties, Inc.
Infineon Technologies AG
Panasonic Corporation
Thermik Corp.
B&B Instruments, Inc.
MTI Industrial Sensors
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Wearable motion sensors
Wearable pressure sensors
Wearable temperature sensors
Wearable image sensors
Wearable position sensors
Wearable medical based sensors
Wearable inertial sensors
By Care Setting:
Hospital
Home
Out patient clinic
Long-term care facility
By Patient Demographic:
0-24 months
2-16 years
17-69 years
70 and above
By Application:
Fitness and Wellness
Infotainment
Health care and medical
Clinical settings
Industrial and military
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Body Worn Temperature Sensor Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors