Body Sensor Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Body Sensor Market is Segmented by Type (Blood Pressure Sensor, Respiration Sensor, Temperature Sensor, ECG Sensor, EEG Sensor, and Others), By Placement Type, and Geography

Market Snapshot

CAGR
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 10 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

Body sensors continuously monitor and help people to take preventive measures and avoid any further complications. The primary factors such as increasing research and development activities in health technology, rising disposable incomes, and increasing geriatric population are propelling the growth of the body sensor market. According to the World Health Organization (WHO), between 2015 and 2050, the proportion of the world's population over 60 years will nearly double from 12% to 22%. The increase in the number of geriatrics leads to consequences, with the growing burden of chronic and life-threatening diseases that demands better monitoring facilities at the hospitals operating rooms and outside, thus driving the demand of body sensors market.

However, lack of awareness, cost variations, and stringent regulatory guidelines are expected to restrain the growth of the global market in the forecast period.

Scope of the Report

As per the scope of the report, body sensors are used for monitoring blood pressure, respiration, temperature and other vital parameters of the body. These sensors are related to wearable computing devices. It can be installed within the body implants or can be surface-mounted within the body.

By Type
Blood Pressure Sensor
Respiration Sensor
Temperature Sensor
ECG Sensor
Others
By Placement Type
Wearable
Implantable
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East & Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America

Report scope can be customized per your requirements. Click here.

Key Market Trends

Wearable Segment is Expected to Register a Better Growth over the Forecast Period

By placement type, the market has been segmented into Wearable and Implantable. The rise in adoption of the wearable devices, innovative application and technological advancement in this field is expected to fuel the market growth in the forecast period. The market consist of sensors that monitors different parameters of the body. These sensors collect information about different parameters and display them on-screen by monitoring physical activities, resulting in high demand for wearable devices. In addition, growing research and development activities and rising geriatric population also contribute to the growth of the body sensor market. In recent years, many research communities across the several major universities in collaboration with companies are building upon new wearable devices to monitor the body parameters using sensors such as in 2019, Stanford engineers developed experimental stickers that pick up physiological signals emanating from the skin, named as BodyNet. Such factors boosts the interest of many ventures, investors and companies to invest into this segment of the market.

Geriatric Population.png

North America leads the Body Sensor Market

North America has the highest penetration for body sensors as they are early adopters of newer technology. The rapid increase in product innovation and the increasing demand for these sensors in the various fields are expected to drive the market at a faster rate. For instance, Texas Instruments has focussed on developing HDC2010, an integrated humidity and temperature sensor innovated in 2017, has complemented its product offering. Europe and the Asia Pacific are followed next after North America owing to the presence of a diversified patient pool, emerging economies, and rise in the collaboration of domestic and international companies in these regions, thus driving this market.

Body Sensor Market 2

Competitive Landscape

The body sensor market is competitive and with the entrance of key players such as Apple and Fitbit, the demand for these sensors in the market is expected to grow due to increased competition amongst the existing players. For instance - Abbott Laboratories, Apple Inc., ASC GmbH, Fitbit, Inc., Garmin, Koninklijke Philips, Texas Instruments, etc. are providing these products across the globe.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Research and Development Activities in Health Technology

      2. 4.2.2 Rising Disposable Incomes

      3. 4.2.3 Increasing Geriatric Population

    3. 4.3 Market Restraints

      1. 4.3.1 Lack of Awareness

      2. 4.3.2 Stringent Regulatory Guidelines

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Blood Pressure Sensor

      2. 5.1.2 Respiration Sensor

      3. 5.1.3 Temperature Sensor

      4. 5.1.4 ECG Sensor

      5. 5.1.5 Others

    2. 5.2 By Placement Type

      1. 5.2.1 Wearable

      2. 5.2.2 Implantable

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Italy

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 South Korea

        6. 5.3.3.6 Rest of Asia-Pacific

      4. 5.3.4 Middle-East & Africa

        1. 5.3.4.1 GCC

        2. 5.3.4.2 South Africa

        3. 5.3.4.3 Rest of Middle-East and Africa

      5. 5.3.5 South America

        1. 5.3.5.1 Brazil

        2. 5.3.5.2 Argentina

        3. 5.3.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Abbott Laboratories

      2. 6.1.2 Apple Inc.

      3. 6.1.3 ASC GmbH

      4. 6.1.4 Fitbit, Inc.

      5. 6.1.5 Garmin Ltd.

      6. 6.1.6 Koninklijke Philips N.V.

      7. 6.1.7 NXP Semiconductors N.V.

      8. 6.1.8 STMicroelectronics

      9. 6.1.9 Texas Instruments Incorporated

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Body Sensor Market market is studied from 2018 - 2026.

The Body Sensor Market is growing at a CAGR of 10% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Abbott Laboratories, Apple Inc., Fitbit, Inc., Koninklijke Philips, Texas Instruments are the major companies operating in Body Sensor Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!