The global Wearable Sweat Sensors market is forecast to reach USD 13.41 Billion by 2027, according to a new report by Reports and Data. The key factors propelling the growth of the market are an increase in disposable income, and consumers' inclination towards wearable devices for diagnosis is driving the market growth. The growing drift of the internet of things (IoT), development in the automotive industry, rising use in smartphones, and enhancement in sensors will encourage market growth.
High incidences of diabetes and other diseases, especially among the elderly, is creating a need to monitor the patient continuously for irregularities. Consumers are more inclined to wearable devices for monitoring in the healthcare sector. A rise in the adoption of portable and wireless devices is another factor supporting market growth. More parents are adopting diagnostic sensors for infants, which will also encourage market growth.
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Further key findings from the report suggest
- Bodywear patches can be used for different healthcare and fitness applications. The bodywear devices such as smart patches and chest straps are worn on the arms and chest for monitoring fitness. These wearable sensors are very small and can be integrated into smart patches to help the users monitor health conditions and achieve daily fitness goals.
- The wearable Wearable Sweat Sensorses stores the individual's data and regularly sends it to the mobile application for display to help them monitor or keep track of how they are doing, their activity, and rest patterns. Monitor segment held the largest market share of 42.6% in the year 2019.
- The Wearable Sweat Sensors in the fitness and sports sector is expected to witness high growth as it is becoming popular among athletes to transform training, performing, and recovering from injuries. The increase in the average life expectancy of the population across the globe is further augmenting market demand.
- Diabetes is among the most widespread disease, and according to CDC, 79,535 die every year due to the disease. The blood glucose Wearable Sweat Sensors witnesses a high adoption rate as these patients are expected to monitor blood glucose on a regular basis. This is crucial as any sudden increase in the level of glucose can lead to hypoglycemia, thereby leading to several severe complications.
- North America held for the major market share, and the region is anticipated to maintain dominance during the forecast period. The presence of key market players and an increase in the research and development activities for the development of advanced monitoring devices will further foster market growth.
Key Players covered in this report are
Abbott Laboratories, Irhythm Technologies, Inc., Dexcom, Inc., Medtronic PLC, Texas Instruments Incorporated, Gentag, Inc., Proteus Digital Health, Inc., Kenzen Inc., Preventice Solutions, Inc., and Vitalconnect, Inc., among others.
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Technology Outlook (Revenue, USD Million; 2017-2027)
- Conductometric
- Amperometric
- Potentiometric
Product Type Outlook (Revenue, USD Million; 2017-2027)
- Temperature Wearable Sweat Sensors
- Blood Glucose Wearable Sweat Sensors
- Blood Pressure/Flow Wearable Sweat Sensors
- Heart Rate Wearable Sweat Sensors
- ECG Wearable Sweat Sensors
- Blood Oxygen Wearable Sweat Sensors
- Others
Wearable Type Outlook (Revenue, USD Million; 2017-2027)
- Wristwear
- Footwear
- Neckwear
- Bodywear
Application Outlook (Revenue, USD Million; 2017-2027)
- Monitoring
- Diagnostics
- Medical Therapeutics
End Users Outlook (Revenue, USD Million; 2017-2027)
- Healthcare
- Fitness And Sports
Key Regional Markets Covered in the Report:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Major Points covered in this report are as below:
• The Wearable Sweat Sensors industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
• The Wearable Sweat Sensors Market report provides key statistics on the market status of the Wearable Sweat Sensors manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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