PUBLISHER: Lucintel | PRODUCT CODE: 1418617
PUBLISHER: Lucintel | PRODUCT CODE: 1418617
Body-Worn Temperature Sensor Trends and Forecast
The future of the global body-worn temperature sensor market looks promising with opportunities in the fitness & wellness, infotainment, healthcare & medical, clinical setting, and industrial & military markets. The global body-worn temperature sensor market is expected to to reach an estimated $0.4 billion by 2030 with a CAGR of 22.7% from 2024 to 2030. The major drivers for this market are increasing demand for remote patient monitoring, rising prevalence of chronic diseases, and growing awarness towards health among people.
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Body-Worn Temperature Sensor by Segment
The study includes a forecast for the global body-worn temperature sensor by type, sensor type, application, end use, and region.
List of Body-Worn Temperature Sensor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies body-worn temperature sensor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the body-worn temperature sensor companies profiled in this report include-
Body-Worn Temperature Sensor Market Insights
Lucintel forecasts that smart watches is expected to witness highest growth over the forecast period owing to ease of use.
Within this market, fitness & wellness will remain the largest segment due to growing demand of werable devices and rise in consumer expenditure on fitness trackers.
North America will remain the largest region over the forecast period due to an increase in the prevalence of long-term conditions like diabetes, obesity, and respiratory and cardiovascular illnesses.
Features of the Global Body-Worn Temperature Sensor Market
Market Size Estimates: Body-worn temperature sensor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Body-worn temperature sensor market size by various segments, such as by type, sensor type, application, end use, and region in terms of value ($B).
Regional Analysis: Body-worn temperature sensor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, sensor types, applications, end uses, and regions for the body-worn temperature sensor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the body-worn temperature sensor market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the body-worn temperature sensor market size?
Answer: The global body-worn temperature sensor market is expected to reach an estimated $0.4 billion by 2030.
Q2. What is the growth forecast body-worn temperature sensor market?
Answer: The global body-worn temperature sensor market is expected to grow with a CAGR of 22.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the body-worn temperature sensor market?
Answer: The major drivers for this market are increasing demand for remote patient monitoring, rising prevalence of chronic diseases, and growing awarness towards health among people.
Q4. What are the major segments for body-worn temperature sensor market?
Answer: The future of the body-worn temperature sensor market looks promising with opportunities in the fitness & wellness, infotainment, healthcare & medical, clinical setting, and industrial & military markets.
Q5. Who are the key body-worn temperature sensor market companies?
Answer: Some of the key body-worn temperature sensor companies are as follows.
Q6. Which body-worn temperature sensor market segment will be the largest in future?
Answer: Lucintel forecasts that smart watches is expected to witness highest growth over the forecast period owing to ease of use.
Q7. In body-worn temperature sensor market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to an increase in the prevalence of long-term conditions like diabetes, obesity, and respiratory and cardiovascular illnesses.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.