Market Overview:
The global wearable biosensors market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for wearable biosensors from various application segments such as sports and fitness, remote patient monitoring, and military personnel. In addition, the growing trend of using portable devices is also contributing to the growth of this market.
Product Definition:
A wearable biosensor is a sensor that can be worn on the body to measure various physiological or environmental parameters such as heart rate, blood pressure, oxygen saturation, and activity level. The importance of wearable biosensors lies in their ability to provide real-time feedback on an individual's health status. This information can then be used to help people make informed decisions about their health and lifestyle. Additionally, wearable biosensors have the potential to improve our understanding of how different factors (such as physical activity or sleep) impact human health.
Single Use:
Single-use is a technology that has gained significant traction in the wearable biosensors market. It is also known as one-time use or one-use technology, which refers to the practice of producing and using disposable sensors for measurement or detection purposes. The major advantage of single-use over reusable ones is that only one set of materials needs to be used for multiple measurements, simplifying sensor design and reducing cost.
Repeated Use:
A wearable biosensor is a device that is used to measure some biological or chemical variable and it's typically worn by the patient for real-time monitoring of the data. The most common types of biosensors are implantable, noninvasive, and portable. They are used in applications such as blood glucose monitoring, drug discovery & development testing, clinical trials & medical diagnosis among others.
The market for repeated use.
Application Insights:
On the basis of application, the global wearable biosensors market is segmented into sports and fitness, remote patient monitoring, military personnel and others. The sports and fitness segment dominated the overall market in terms of revenue share in 2017. This is attributed to rising number of individuals engaging in outdoor activities such as hiking, biking and camping due to increasing disposable income levels coupled with improved standard of living across various regions globally. Moreover, an increase in participation level for games like rugby sevens among both male & female participants has also positively influenced product demand worldwide since 2009.
The remote patient monitoring application is expected to witness significant growth over the forecast period owing to its wide range applications including diabetes mellitus type 1 & 2 care along with other chronic diseases such as cardiovascular disorders hypertension which requires constant blood glucose testing at regular intervals throughout day or night hours respectively.
Regional Analysis:
North America dominated the global wearables biosensors market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced medical devices and increasing government initiatives to promote healthy lifestyles are some factors responsible for its large share. Moreover, the U.S.-based companies have been developing innovative products with latest technology which is also expected to drive regional growth over the forecast period.
Asia Pacific region is anticipated to witness lucrative growth over the forecast period owing to rising disposable income and improving healthcare infrastructure in countries like China and India as a result of which many multinational players are investing heavily in this region for tapping opportunities arising from population boom coupled with rapid economic development in these countries. In addition, growing awareness regarding remote patient monitoring systems among patients is further expected fuel regional demand during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for wearable biosensors from the healthcare sector for early diagnosis and treatment of diseases.
- Rising awareness about the benefits of wearable biosensors among consumers, which is driving their adoption in various applications such as fitness and wellness, medical diagnostics, and others.
- Proliferation of smart devices and increasing demand for mobile health (mHealth) services are providing a major impetus to the growth of the global wearable biosensors market.
- Growing investments by key players in research and development activities to develop innovative products is propelling the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wearable Biosensors Market Research Report
By Type
Single Use, Repeated Use
By Application
Sports & Fitness, Remote Patient Monitoring, Military Personnels
By Companies
Abbott, Dexcom, Medtronic, Eversense, VitalConnect, Philips, Butler Technologies, NeuroSky, Pkvitality
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Wearable Biosensors Market Report Segments:
The global Wearable Biosensors market is segmented on the basis of:
Types
Single Use, Repeated Use
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sports & Fitness, Remote Patient Monitoring, Military Personnels
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abbott
- Dexcom
- Medtronic
- Eversense
- VitalConnect
- Philips
- Butler Technologies
- NeuroSky
- Pkvitality
Highlights of The Wearable Biosensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Use
- Repeated Use
- By Application:
- Sports & Fitness
- Remote Patient Monitoring
- Military Personnels
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wearable Biosensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wearable biosensors are devices that can be worn on the body to measure physiological or environmental data. They are often small, lightweight, and portable, making them easy to use and carry. Wearable biosensors can be used for a variety of purposes, including monitoring health conditions such as heart rate or blood pressure; tracking physical activity levels; detecting environmental pollutants; and measuring temperature or humidity levels.
Some of the major companies in the wearable biosensors market are Abbott, Dexcom, Medtronic, Eversense, VitalConnect, Philips, Butler Technologies, NeuroSky, Pkvitality.
The wearable biosensors market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wearable Biosensors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wearable Biosensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wearable Biosensors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wearable Biosensors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wearable Biosensors Market Size & Forecast, 2020-2028
4.5.1 Wearable Biosensors Market Size and Y-o-Y Growth
4.5.2 Wearable Biosensors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Use
5.2.2 Repeated Use
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Sports & Fitness
6.2.2 Remote Patient Monitoring
6.2.3 Military Personnels
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wearable Biosensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wearable Biosensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Use
9.6.2 Repeated Use
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Sports & Fitness
9.10.2 Remote Patient Monitoring
9.10.3 Military Personnels
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Use
10.6.2 Repeated Use
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Sports & Fitness
10.10.2 Remote Patient Monitoring
10.10.3 Military Personnels
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Use
11.6.2 Repeated Use
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Sports & Fitness
11.10.2 Remote Patient Monitoring
11.10.3 Military Personnels
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Use
12.6.2 Repeated Use
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Sports & Fitness
12.10.2 Remote Patient Monitoring
12.10.3 Military Personnels
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Use
13.6.2 Repeated Use
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Sports & Fitness
13.10.2 Remote Patient Monitoring
13.10.3 Military Personnels
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wearable Biosensors Market: Competitive Dashboard
14.2 Global Wearable Biosensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott
14.3.2 Dexcom
14.3.3 Medtronic
14.3.4 Eversense
14.3.5 VitalConnect
14.3.6 Philips
14.3.7 Butler Technologies
14.3.8 NeuroSky
14.3.9 Pkvitality
