global body worn temperature sensor market is facing few challenges such as slow adoption rate and high product cost.
Valley Cottage, NY -- (SBWIRE) -- 01/15/2018 -- Body worn temperature sensors monitors the various health aspects such as body temperature, heart rate and pulse rate of new born babies and elderly patients on continuous basis. These temperature sensors are fixed on wearable devices to observe body temperature and other related activities. These body worn temperature sensors provides high security and reliability because of technological advancement and innovation.
Body-Worn Temperature Sensors Market: Drivers and Restraints
Factors which are driving the growth of global body worn temperature sensor market are growing health awareness across all age group, compactness and portability and increasing applications of body worn temperature sensors across various sectors such as medical and healthcare, infotainment, fitness and wellness etc.
Despite of having many advantages, global body worn temperature sensor market is facing few challenges such as slow adoption rate and high product cost, which is restraining the growth of body worn temperature sensor market globally.
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Body-Worn Temperature Sensors Market: Segmentation
Global body worn temperature sensor market is segmented on the basis of sensor types, application, patient's demography and care setting. By type the global body worn temperature sensor market can be segmented as motion sensors, pressure sensors, temperature sensors, image sensors, position sensors and others. Among all this sensor types, motion sensors held largest revenue share of overall market whereas by volume temperature sensors acquire largest market share.
By application, global body worn temperature sensor market can be segmented into healthcare and medical, fitness and wellness, infotainment, clinical settings and others. Out of all this applications healthcare and medical applications dominated the market with largest share. It is mainly because of technological advancement into healthcare devices and increasing infant health awareness.
By patient's demography, global temperature sensor market can be segmented into different age group such as infant (0 to 24 months), child (2 to 16 years), adult (17 to 69 years) and elderly people (70 years and above). Out of all this age group adult group held largest share in terms of revenue as well as volume in 2014. However infant age group expected to grow significantly during forecast period because of increasing awareness about infant care.
By care setting, the global body worn temperature sensor market can be segmented into home, hospital, outpatient clinic and others. In terms market value and volume, hospital share held the largest market share in 2014. Increasing adoption of body worn temperature sensors into wearable electronic medical devices encouraged this market growth.
Body-Worn Temperature Sensors Market: Region ?wise outlook
By region, the global body worn temperature sensor market can be segmented into seven major regions such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (excluding Japan), Japan as a separate region and Middle East and Africa (MEA). North America held the largest market share in 2014 because of high technological development in field of medical and healthcare into this region. Furthermore the growth is influenced by high adoption of fitness brands, smart watches and wearable medical devices into this region. Europe ranked second followed by North America region in terms of demand of body worn temperature sensors. Europe market is mainly driven by increasing demand for uninterrupted monitoring and diagnosis of patient.
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Body-Worn Temperature Sensors Market: Key Players
Body worn temperature sensors such as Jawbone UP and Nike's Fuel+ wrist band are already popular in market as a fitness and wellness device. Being a niche market, global body worn temperature sensor market is dominated by very few players such as STMicroelectronics N.V., Maxim Integrated Products Inc., Analog Devices, Maxim Integrated Products Inc. and Measurement Specialties. These key players are adopting advanced technologies into their product in order to be competitive in market.
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