Body-Worn Temperature Sensors Market
Body-Worn Temperature Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
Press Release :
Body Worn Temperature Sensors Market: Overview
Owing to technological advancements and innovations in design, the body worn temperature sensors are gaining popularity among consumers. It provides reliability and security solutions across various sectors. The technology facilitates remote patient monitoring. Hence, it has gained wide traction in healthcare sector.
Moreover, factors such as effective measurement and monitoring of bodily activities such as pulse rate, heart rate and body temperatures are likely to drive growth of the global body-worn temperature sensors market.
In addition, physiological monitoring aids to diagnose and monitor ongoing treatment of various patients suffering from cardiovascular, pulmonary, and neurological disorders. Also, home-based motion solution allows independence to patients and save on time to visit healthcare center. This is one of the key factor likely to boost the adoption rate of body-worn temperature sensors.
Further, growing awareness regarding health among individuals belonging to different age groups is anticipated drive the demand rate of the sensors. Also, the global body worn temperature sensors market is witnessing demand from various verticals such as clinical, mechanical, and infotainment. The demand rate is attributed to diverse application range of the sensor.
The upcoming proximity and displacement sensor market analysis report provides insight about the upcoming trends and restraining factors likely to shape growth of the market during forecast period (2019-2029). The report also provides a comprehensive analysis of the key companies of the market and offers details about the capacities and competencies of these companies. The market report also focusses on the market’s competitive landscape and provides detail of the product portfolio of various companies.
Body Worn Temperature Sensors Market: Notable Developments
The global market already has body-worn sensors such as Nike’s Fuel+ and Jawbone UP wrist band. Moving forward, technological advancements in body-worn sensors are expected to result in “hearables”. These sensor-based devices will allow users to listen notifications and data instead of reading them.
Body worn temperature sensors market is witnessing demand from fitness & wellness, infotainment, healthcare and medical, clinical setting, and military. Upsurge in demand from aforementioned verticals is likely to drive the global-body worn temperature sensors market during the forecast period.
Among all the sectors, medical sector has got substantial application space. It is widely implemented in inpatient, dialysis, ambulatory/surgical, PACU, ED, BP monitoring, LTC, continuous glucose, and temperature monitoring.
On the other hand, high price of the body worn temperature sensors is a key factor likely to limit the growth of the market.
Some of the key players operating in the global body worn temperature sensors market are-
- Maxim Integrated Products Inc.
- Texas Instruments, Inc.
- STMicroelectronics N.V.
- Analog Devices
- Measurement Specialties
Body Worn Temperature Sensors Market: Key Trend
Rising awareness regarding health and growing concern pertaining to chronic diseases are accelerating demand for health centric sensor-based wearable devices. These devices enable the users to track vital information related to body such as heart rate, blood pressure, sleep cycle, and body temperature among others. This factor is aiding body worn temperature sensor to penetrate in the global health market.
Further, body worn temperature sensors market has significant growth opportunities in fitness and wellness sector. This would trigger demand rate of the device.
Body Worn Temperature Sensors Market: Regional Analysis
North America market is likely to exhibit significant growth rate, followed by Europe. Prominence of these regions is attributed to rapid adoption of new technology by the consumers.
Meanwhile, North America is expected to be prominent share holder in the global body worn temperature sensors market. This is due to presence of health conscious population. As a result, adoption rate of fitness bands, wearable medical monitoring devices, and smart watches is quite high.
On the other hand, Asia Pacific is also expected to show a progressive growth rate during the tenure of the forecast period. The growth rate is attributed to development of healthcare infrastructure and growing per capita income.
The report offers strategic analysis of the global body-worn temperature sensors market. The global body-worn temperature sensors market has been segmented on the basis of types, care setting, patient demographic, applications and end-user industries. Cross sectional analysis of the global body-worn temperature sensors market across four major geographical segments have also been covered under the scope of the report. Increasing health awareness among all age groups ranging from infants to the elderly population is primarily driving the growth of the market. Body-worn temperature sensors effectively monitor and measure bodily activities such as body temperature, heart rate and pulse rate among others.
Furthermore, increasing applications of body-worn temperature sensors in different sectors such as healthcare, fitness and wellness and manufacturing is also fuelling the growth of the global body-worn temperature sensors market. Due to increased demand for wearable technology along with further technological development of the sensors the application areas of body-worn sensors are anticipated to grow during the forecast period. Another factor driving the growth of the body-worn temperature sensors market is the compactness and portability of body-worn temperature sensors. Increasing concern about chronic diseases coupled with the rising market penetration of body-worn temperature sensors used in the healthcare segment are accounting for the rapid growth of this market. Considering these factors, the global body-worn temperature sensors market is expected to rise during the forecast period from 2014-2020.
With advancements in technology and design, wearable temperature sensors are providing reliability and security across different sectors, ranging from fitness tracking to health monitoring. There lies an enormous opportunity for the smaller players to emerge in the global body-worn temperature sensors market in the near future. The price of wearable temperature sensors is expected to decrease with an increase in the number of players competing among themselves. The new entrants are expected to come up with technologically advanced substitute products at a lower price. However, high price of temperature-based wearable sensors and slower acceptance of these products are the major factors inhibiting the growth of this market.
The competitive profiling of the major players in the market and their market share across the four geographic segments namely, North America, Europe, Asia Pacific and Rest of the World have been incorporated under the scope of the report. In addition, the distinct business strategies that have been adopted by the key players are covered under the purview of this report. To provide an insight into the market dynamics, the market attractiveness analysis and Porter’s five have been included in the report.
Detailed analysis of the market dynamics, i.e., the market drivers, restraints and opportunities has been also included in the report. The market dynamics are the factors which impact the growth of the market and these factors help to understand the ongoing trends in the market. Thus, the report offers a comprehensive analysis of the global body-worn temperature sensors market and also provides the forecast from 2014 to 2020.
Some of the leading players in the body-worn temperature sensors market are, Analog Devices Inc (Norwood, USA), STMicroelectronics N.V.(Switzerland), Texas Instruments Inc (Texas, USA), Maxim Integrated Products Inc (San Jose, USA) and Measurement Specialties Inc (Hampton, USA) among others.
The global body-worn temperature sensors market has been segmented into:
Body-Worn Temperature Sensors market, by Types:
- Motion Sensors
- Pressure Sensors
- Temperature Sensors
- Position Sensors
- Inertial Sensors
- Medical Based Sensors
- Image Sensors
Body-Worn Temperature Sensors market, by Care Setting
- Outpatient Clinic
- Long-Term Care Facility
Body-Worn Temperature Sensors market, by Patient Demographic
- 0 – 24 months
- 2 – 16 years
- 17 – 69 years
- 70 and above
Body-Worn Temperature Sensors market, by Application
- Fitness and Wellness
- Smart Clothing and Smart Sports Glasses
- Activity Monitors
- Sleep Sensors
- Smart Watches
- Augmented Reality Head-Sets
- Smart Glasses
- Healthcare and Medical
- Continuous Glucose Monitor
- Drug Delivery
- Wearable Patches
- Clinical Setting
- Industrial and Military
- Hand Worn Terminals
- Augmented Reality Headsets
Body-Worn Temperature Sensors market, by End Use
- Trade and transportation
- Government and public utilities
- Media and entertainment
- Banking and financial services
- Information technology
Body-Worn Temperature Sensors market, by geography: The market is broadly segmented on the basis of geography into:
- North America (the United States, Canada, Others)
- Europe (United Kingdom, Germany, Others)
- Asia Pacific (China, India, Others)
- Rest of the World (UAE, Brazil, Others)