July 09, 2021
According to the research report titled ‘Global Body Worn Temperature Sensor Market Size study, by Type (Wearable motion sensors, Wearable pressure sensors, Wearable temperature sensors, Wearable image sensors, Wearable position sensors, Wearable medical based sensors, Wearable inertial sensors), Care Setting (Hospital, Home, Out patient clinic, Long-term care facility), Patient Demographic (0-24 months, 2-16 years, 17-69 years, 70 and above), Application (Fitness and Wellness, Infotainment, Health care and medical, Clinical settings, Industrial and military) and Regional Forecasts 2021-2027’, available with Market Study Report, global body worn temperature sensor market is projected to expand with year-over-year rate of 5.8% between 2021-2027.
Rising awareness about healthcare, availability of innovative products, and growing integration of sensors in wearable devices are key factors spurring global body worn temperature sensor industry expansion.
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As per the Consumer Technology Association, smart watch sales grew from 5 million units in 2014 to 141 million units in 2018. Meanwhile, sales of connected wearable devices increased from 325 million units in 2016 to 593 million units in 2018.
For the uninitiated, body worn temperature sensor is a technology that is used to monitor and measure heart rate, body temperature, and pulse rate of users remotely in an effective manner.
While improved product quality and entry of new players will aid market growth, slow acceptance of end-products will pose as a challenge.
Based on type, the industry is divided into wearable pressure sensors, wearable motion sensors, wearable temperature sensors, and wearable position sensors, wearable image sensors, as well as wearable inertial sensors, and wearable medical based sensors. Speaking of care setting, worldwide body worn temperature sensor market space is bifurcated into hospital, outpatient clinic, home, and long-term care facility.
As per patient demographic, the industry sphere is fragmented into 0-24 months, 17-69 years, 2-16 years, and 70 years & above. Moving on to application scope, the business space is classified into infotainment, fitness & wellness, healthcare & medical, industrial & military, and clinical settings.
Regionally speaking, North America held a large share in global body worn temperature sensor market in the past year due to well-developed healthcare infrastructure, early adoption of technology, and reduced power requirement for device usage.
Meanwhile, Asia Pacific market is estimated to record swift expansion between 2021-2027 owing to growing government efforts to enhance healthcare infrastructure, presence of leading companies, and technological developments.
Key players profiled in the report are Analog Devices Inc., MTI Industrial Sensors, STMicroelectronics NV, B&B instruments Inc., Texas Instruments Inc., Thermik Corporation, Maxim Integrated Products Inc., Panasonic Corporation, Measurement Specialties Inc., and Infineon Technologies AG.