Body sensors find application in many sectors. Increased use of these devices in defense, healthcare, sports body, and man-machine interface signifies the wide avenues for the vendors working in the global body sensor market in the upcoming period. Body sensor is wireless computing device. It can be installed inside the body implants or surface-mounted on the body. At the same time, the feature of carrying these devices on hand, in bags, or clothes pockets make them more user friendly.
Healthcare is the most important end-user of the body sensor market. Increased need to measure particular physiological parameters of older people is driving the market growth. These devices are perfect choice for measuring the heart rate, pulse, and oxygen levels. Visual sensor, EEG sensor, ECG sensor, respiration sensor, temperature sensor, blood pressure sensor, and EMG sensor are types of devices available in the body sensor market.
Vendors in the global body sensor market are growing their investments in research activities. One of the key motives of these research activities is to discover smaller, smarter, and cost-effective sensors. These efforts are expected to give additional advantages of using wearable devices in healthcare sector, thereby support the growth of the global body sensor market.
The list of key players in the body sensor market includes Fitbit, Inc., Apple Inc., Texas Instruments Inc., Koninklijke Philips N.V., Broadcom Ltd., Abbott Laboratories, NXP Semiconductors NV, STMicroelectronics NV, Garmin Ltd., and Analog Devices. Presence of many active vendors signifies that the competition level in the global body sensors market is intense.
On regional front, the body sensor market is spread across Europe, North America, Japan, Latin America, MEA, and APEJ. Of them, North America is expected to continue showing growth at rapid pace. Some of the key reasons behind this stupendous growth are increased adoption of new technology, rising older population, and stronger buying ability among consumers from Canada and the U.S.