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Market Research Report

Global PPG Biosensors Market Size study, By Product (Pulse Oximeters, Smart Watches and Smart Wrist Bands), by Application (Heart Rate Monitoring, Blood-oxygen Saturation and Blood Pressure) and Regional Forecasts 2021-2027

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Global PPG Biosensors Market Size study, By Product (Pulse Oximeters, Smart Watches and Smart Wrist Bands), by Application (Heart Rate Monitoring, Blood-oxygen Saturation and Blood Pressure) and Regional Forecasts 2021-2027
Published: June 5, 2021 Content info:
Description

Global PPG Biosensors Market is valued approximately USD 331 million in 2020 and is anticipated to grow with a healthy growth rate of more than 11.78% over the forecast period 2021-2027. Photoplethysmography (PPG) Biosensors refer to devices such as wearables watches and other fitness trackers that use an easy optical technique to detect volumetric changes in blood in peripheral circulation using sensor technology. These devices help in early recognition and analysis of illness including cardiovascular diseases. They became important in the COVID-19 pandemic for monitoring oxygen rate of people. These devices provide real-time data and analysis, and thus are gaining traction among millennials too. Above mentioned advantages, coupled with the ease and flexibility of use provided by these biosensors, are driving the PPG Biosensors market. The smart wearable market is growing rapidly and is bound to propel the growth of PPG biosensors market too. According to Statista, the number of connected wearable devices has doubled to 722 million in 2019, increasing from 325 million in 2016. Many companies are innovating in the wearable HealthTech sector. Nemaura Medical, a medical technology company, entered into multiple verbal non-binding agreements in 2021 for its PPG sensor using product sugarBEAT®, which continuously monitors sugar. Such collaborations in the field will help in the growth of PPG biosensors. The high cost associated with the PPG biosensors as compared to ECG sensors may act as a restraint for its growth. However, increasing innovation, research and development of PPG technologies acts as an opportunity for PPG Biosensors Market in subsequent decade.

Key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World are analysed to provide a holistic picture of PPG Biosensors Market. Due to higher investments in PPG biosensors technology as well as higher per capita income, North America emerged as a significant region across the world in terms of market share. Whereas, Asia-Pacific is expected to exhibit highest growth rate for the forecast period 2021-2027 owing to the growing smart wearable market. Rising disposable income and growing awareness for health and hygiene will also boost growth in this region.

Major market player included in this report are:

Valencell. Inc.

Maxim Integrated

Murata Manufacturing Co., Ltd.

Silicon Laboratories

Mediatek

ams AG

LifeQ Inc.

Medtronic

Roche

Abbott

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Pulse oximeters

Smart watches

Smart Wrist bands

Other Products

By Application:

Heart rate monitoring

Blood-oxygen saturation

Blood pressure

Other applications

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027

Target Audience of the Global PPG Biosensors Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. PPG Biosensors Market, by Product, 2019-2027 (USD Billion)
    • 1.2.2. PPG Biosensors Market, by Application, 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global PPG Biosensors Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global PPG Biosensors Market Dynamics

  • 3.1. PPG Biosensors Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Flexibility and ease of PPG biosensor-enabled device
      • 3.1.1.2. Increasing awareness for early detection of diseases
    • 3.1.2. Market Challenges
      • 3.1.2.1. High cost as compared to ECG alternative
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Increasing innovation in new PPG technologies

Chapter 4. Global PPG Biosensors Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global PPG Biosensors Market, by Product

  • 5.1. Market Snapshot
  • 5.2. Global PPG Biosensors Market by Product, Performance - Potential Analysis
  • 5.3. Global PPG Biosensors Market Estimates & Forecasts by Product 2018-2027 (USD Billion)
  • 5.4. PPG Biosensors Market, Sub Segment Analysis
    • 5.4.1. Pulse oximeters
    • 5.4.2. Smart watches
    • 5.4.3. Smart Wrist bands
    • 5.4.4. Other Products

Chapter 6. Global PPG Biosensors Market, by Application

  • 6.1. Market Snapshot
  • 6.2. Global PPG Biosensors Market by Application, Performance - Potential Analysis
  • 6.3. Global PPG Biosensors Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
  • 6.4. PPG Biosensors Market, Sub Segment Analysis
    • 6.4.1. Heart rate monitoring
    • 6.4.2. Blood-oxygen saturation
    • 6.4.3. Blood pressure
    • 6.4.4. Other applications

Chapter 7. Global PPG Biosensors Market, Regional Analysis

  • 7.1. PPG Biosensors Market, Regional Market Snapshot
  • 7.2. North America PPG Biosensors Market
    • 7.2.1. U.S. PPG Biosensors Market
      • 7.2.1.1. Product breakdown estimates & forecasts, 2018-2027
      • 7.2.1.2. Application breakdown estimates & forecasts, 2018-2027
    • 7.2.2. Canada PPG Biosensors Market
  • 7.3. Europe PPG Biosensors Market Snapshot
    • 7.3.1. U.K. PPG Biosensors Market
    • 7.3.2. Germany PPG Biosensors Market
    • 7.3.3. France PPG Biosensors Market
    • 7.3.4. Spain PPG Biosensors Market
    • 7.3.5. Italy PPG Biosensors Market
    • 7.3.6. Rest of Europe PPG Biosensors Market
  • 7.4. Asia-Pacific PPG Biosensors Market Snapshot
    • 7.4.1. China PPG Biosensors Market
    • 7.4.2. India PPG Biosensors Market
    • 7.4.3. Japan PPG Biosensors Market
    • 7.4.4. Australia PPG Biosensors Market
    • 7.4.5. South Korea PPG Biosensors Market
    • 7.4.6. Rest of Asia Pacific PPG Biosensors Market
  • 7.5. Latin America PPG Biosensors Market Snapshot
    • 7.5.1. Brazil PPG Biosensors Market
    • 7.5.2. Mexico PPG Biosensors Market
  • 7.6. Rest of The World PPG Biosensors Market

Chapter 8. Competitive Intelligence

  • 8.1. Top Market Strategies
  • 8.2. Company Profiles
    • 8.2.1. Valencell. Inc.
      • 8.2.1.1. Key Information
      • 8.2.1.2. Overview
      • 8.2.1.3. Financial (Subject to Data Availability)
      • 8.2.1.4. Product Summary
      • 8.2.1.5. Recent Developments
    • 8.2.2. Maxim Integrated
    • 8.2.3. Murata Manufacturing Co., Ltd.
    • 8.2.4. Silicon Laboratories
    • 8.2.5. Mediatek
    • 8.2.6. ams AG
    • 8.2.7. LifeQ Inc.
    • 8.2.8. Medtronic
    • 8.2.9. Roche
    • 8.2.10. Abbott

Chapter 9. Research Process

  • 9.1. Research Process
    • 9.1.1. Data Mining
    • 9.1.2. Analysis
    • 9.1.3. Market Estimation
    • 9.1.4. Validation
    • 9.1.5. Publishing
  • 9.2. Research Attributes
  • 9.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global PPG Biosensors Market, report scope
  • TABLE 2. Global PPG Biosensors Market estimates & forecasts by Region 2018-2027 (USD Billion)
  • TABLE 3. Global PPG Biosensors Market estimates & forecasts by Product 2018-2027 (USD Billion)
  • TABLE 4. Global PPG Biosensors Market estimates & forecasts by Application 2018-2027 (USD Billion)
  • TABLE 5. Global PPG Biosensors Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 6. Global PPG Biosensors Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 7. Global PPG Biosensors Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 8. Global PPG Biosensors Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global PPG Biosensors Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global PPG Biosensors Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global PPG Biosensors Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global PPG Biosensors Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 1. Global PPG Biosensors Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 2. Global PPG Biosensors Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 3. U.S. PPG Biosensors Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 4. U.S. PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 5. U.S. PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 6. Canada PPG Biosensors Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 7. Canada PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 8. Canada PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 9. UK PPG Biosensors Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. UK PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 11. UK PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 12. Germany PPG Biosensors Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Germany PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 14. Germany PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 15. RoE PPG Biosensors Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. RoE PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 17. RoE PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 18. China PPG Biosensors Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 19. China PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 20. China PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 21. India PPG Biosensors Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 22. India PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 23. India PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 24. Japan PPG Biosensors Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 25. Japan PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 26. Japan PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 27. RoAPAC PPG Biosensors Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 28. RoAPAC PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 29. RoAPAC PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 30. Brazil PPG Biosensors Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 31. Brazil PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 32. Brazil PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 33. Mexico PPG Biosensors Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 34. Mexico PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 35. Mexico PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 36. RoLA PPG Biosensors Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 37. RoLA PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 38. RoLA PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 39. Row PPG Biosensors Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 40. Row PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 41. Row PPG Biosensors Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 42. List of secondary sources, used in the study of global PPG Biosensors Market
  • TABLE 43. List of primary sources, used in the study of global PPG Biosensors Market
  • TABLE 44. Years considered for the study
  • TABLE 45. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global PPG Biosensors Market, research methodology
  • FIG 2. Global PPG Biosensors Market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global PPG Biosensors Market, key trends 2020
  • FIG 5. Global PPG Biosensors Market, growth prospects 2021-2027
  • FIG 6. Global PPG Biosensors Market, porters 5 force model
  • FIG 7. Global PPG Biosensors Market, pest analysis
  • FIG 8. Global PPG Biosensors Market, value chain analysis
  • FIG 9. Global PPG Biosensors Market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global PPG Biosensors Market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global PPG Biosensors Market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global PPG Biosensors Market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global PPG Biosensors Market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global PPG Biosensors Market, regional snapshot 2018 & 2027
  • FIG 15. North America PPG Biosensors Market 2018 & 2027 (USD Billion)
  • FIG 16. Europe PPG Biosensors Market 2018 & 2027 (USD Billion)
  • FIG 17. Asia pacific PPG Biosensors Market 2018 & 2027 (USD Billion)
  • FIG 18. Latin America PPG Biosensors Market 2018 & 2027 (USD Billion)
  • FIG 19. Global PPG Biosensors Market, company market share analysis (2020)
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