ALBANY, New York, September 11, 2018 /PRNewswire/ --
Transparency Market Research (TMR) observes that the globalwearable sensor market has fragmented landscape. Some of the key players operating in the wearable sensors market are NXP Semiconductors N.V., Infineon Technologies AG, InvenSense, Inc., Freescale Semiconductor Inc., and Panasonic Corporation. These
(Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg )
According to a report by Transparency Market Research (TMR), the global wearable sensor market stood at US$70 mn in 2014 and expected to expand with impressive CAGR of 45.20% over the forecast period from 2014 to 2020. Based on application, in 2013, wrist wear segment accounted for the majority of the share in terms of revenue and is expected to continue its dominance over the forecast period. Based on region, in 2014, North America dominated the global market for wearable sensor and is expected to continue its dominance over the forecast period. This growth is attributable to the increasing adoption of sensors in the smart wearable devices mainly to track various health parameters.
Request a Brochure for Research Insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4197
Wide Applications of Wearable Sensors in Healthcare to Emerge as Key Growth Driver
Wearable sensors are used in the wearable devices which are worn by the individuals mainly for tracking information related to fitness and health factors. The sensors can be integrated to the clothes or other fashion accessories and can be contacted by the wired or wireless connections for monitoring the basic sings of the body such as heart rate, metabolic components, and their activity, and blood pressure. Furthermore, these are used in the diagnosis and observation of various treatments for diseases such as asthma, hypertension, and others. Rising awareness about health and fitness is augmenting adoption of the smart wearable devices. The aforementioned factors are fuelling growth of the global market for wearable sensor.
Get a PDF Sample at https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4197
Additionally, widening applications of wearable sensors across an increase in adoption of home and remote patient monitoring are augmenting adoption for patient monitoring and infant monitoring. Rising demand for these devices is expected to boost growth of the global wearable sensor market over the forecast period. In addition, ease of monitoring and gathering data by pairing with tablets and smartphones is further augmenting adoption which is likely to bolster the growth of the global wearable sensor market.
Download TOC for In-depth analysis at https://www.transparencymarketresearch.com/report-toc/4197
Concerns over Privacy and Data Security to Hamper Growth
Despite these growth prospects, the high cost of wearable sensors and device hampering growth of the global wearable sensor market. Additionally, some of the concerns over privacy and data integrity are hampering growth of the market. Nevertheless, stringent regulations over the data security are helping to overcome the security concerns of numerous consumers. This factor is creating lucrative growth opportunities for key players over the forecast period.
This information is encompassed in the new report by TMR, titled "Wearable Sensor Market (Type - Motion Sensors, Pressure Sensors, Temperature Sensors, Image Sensors, Position Sensors, and Medical-Based Sensors; Application - Wrist Wear, Eye Wear, Foot Wear, and Body Wear)- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020."
Browse Research Release at https://www.transparencymarketresearch.com/pressrelease/wearable-sensor-market.htm
For the study, the market has been segmented as follows:
Popular Research Reports by TMR:
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact Mr. Rohit Bhisey Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: email@example.com Website: https://www.transparencymarketresearch.com
Research Blog: http://www.techyounme.com/
SOURCE Transparency Market Research
Subscribe to our Free Newsletters!
Take the quiz on Rabies and test your knowledge about this infection that can affect the brain ...
Pneumonitis usually refers to inflammation of lung tissue due to various non-infective causes such ...
Fremanezumab-vfrm is used as a preventive treatment for a migraine headache in adult patients. It ...View All