Wearable Sensor Market

Wearable Sensor Market Insights, Size, Share,
Opportunity Analysis, & Industry Forecast,
2018-2026
Wearable sensors are the devices that collect information about biological and physical
properties of body and environment by the sensors present in wearable devices. This
information is utilized further to measure the output information of body. Sensors are
implemented in wearable devices to track environmental activities, such as temperature and
weather information and to track fitness and health activities, such as body temperature, heart
rate, stress level, heart pressure, blood pressure, movements, speed, and local temperature.
Wearable sensors are used in devices, such as a smart-watch, smart shoes, body-wear, fitness
watch, glasses, virtual reality headsets, sleep masks, and jewelry.
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Technological advancement in sensing devices and introduction of key players into the market is
expected to boost the growth of Wearable Sensors Market
The sensors device processes according to the surrounding environment and it is implemented
on the wearable device to monitor body activities, which include, heart rate, body temperature,
and blood pressure. Wearable sensors market is expected to show a significant growth over the
forecast period, owing to the demand for wearable sensor devices in various applications such
as healthcare, lifestyle, fitness, and security. Moreover, recent advancements in
telecommunication, data analysis, sensor manufacturing, and microelectronics are providing
opportunities for adoption of wearable sensors in the digital health environment. Additionally,
in the healthcare industry, wearable sensors are used for monitoring patient’s conditions. These
devices are also used in sports, military, and entertainment. For instance, Apple watch is a
wearable device, which includes microphone, accelerometer, and a pulse sensor. Wearable
sensors are integrated into garments, watches, eye-glasses, and smartphones, which is fueling
the growth of the wearable sensor market.
Report includes chapters which deeply display the following deliverable about industry :
• Wearable Sensor Market Research Objective and Assumption
• Wearable Sensor Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Wearable Sensor Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Wearable Sensor Market, By Regions
• Wearable Sensor Market Competition by Manufacturers including Production, Share, Revenue,
Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Wearable Sensor Market Manufacturers Profiles/Analysis including Company Basic Information,
Manufacturing Base and Its Competitors.
• Wearable Sensor Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Wearable Sensor Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Strong competition between manufacturers and safety concerns restrict the market growth
However, low consumer awareness and safety concerns for security data is a major restraint for
growth of wearable sensor market. Moreover, lack of clarity for health communication protocol
using wearable device and interoperability issues is expected to hinder the growth of market.
Due to low-cost alternatives, intense competition is faced by key manufacturers, which is
another factor hindering the growth of global wearable sensors market growth.
Strategies of merger-acquisition by key players to expand the market growth
The major key players operating global wearable sensor market include Google, Panasonic
Corporation, Freescale Semiconductor, Fossil Groups, InvenSense, Facebook, Amazon, Apple,
Microsoft, Infineon Technologies AG, ST Microelectronics, and Analog Devices, Inc. These
players are focused on developing business through strategies of merging-acquisition and
product development to enhance the global growth. For instance, Facebook acquired Basis
Science in March 2015, which specializes wearable sensor technology in wrist-watches.
Moreover, Fossil Groups acquired Misfit in November 2015, to enhance their growth in global
market.
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Wearable sensors are the devices that collect information about biological and physical properties of body and environment by the sensors present in wearable devices.