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.
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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.
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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
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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.
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