DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Wearable Sensors Market by Product Type and Application - Global Opportunities Analysis & Industry Forecast, 2014-2022" report to their offering.
The global wearable sensor market was valued at $123 million in 2015, and is projected to reach $2,258 million by 2022, growing at a CAGR of 52.9% from 2016 to 2022. The wrist wear segment accounted for more than 45% share of the global market in 2015.
Medical implants equipped with wearable sensors are used in diagnostic and monitoring applications. In the healthcare sector, wearable sensors are mostly used in remote monitoring systems, which collect physiological and movement data for monitoring the health of patients.
The global wearable market is driven by factors such as introduction of new wearable sensors integrated in products such as smart shirt, eyewear, smart ring, and others through technological advancements, growing popularity of Internet of things (IOT) trend, and increasing use of smart consumer electronic devices such as smartphones and tablets. However, privacy & security concerns and high cost of wearable sensors are expected to hamper the market growth.
Wrist wear product segment is expected to maintain its dominant position in the global market until 2022 owing to technology advancements by prominent manufacturers, such as Samsung, Apple, and Fitbit, which facilitate easy integration of smart sensors in smartphones & tablets.
- Adidas AG
- Analog Devices
- Google Inc.
- Infineon Technologies AG.
- Intel Inc.
- InvenSense Inc.
- Panasonic Corporation
- Texas Instruments Incorporated
- ZOLL Medical Corporation (Asahi Kasei Corporation)
Key Topics Covered:
Chapter 1. Introduction
Chapter 2. Executive Summary
Chapter 3. Market Overview
Chapter 4. World Wearable Sensor Market By Product Type
Chapter 5. World Wearable Sensor Market By Application
Chapter 6. World Wearable Sensor Market By Geography
Chapter 7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/z35bq2/global_wearable