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Body-Worn Temperature Sensor Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5930135

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.

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.

Body-Worn Temperature Sensor Market by Type [Shipment Analysis by Value from 2018 to 2030]

  • Biosensors
  • Smart Watches
  • Wearable Patches
  • Hand Worn Terminals
  • Smart Clothing
  • Others

Body-Worn Temperature Sensor Market by Sensor Type [Shipment Analysis by Value from 2018 to 2030]

  • Pressure Sensors
  • Motion Sensors
  • Temperature Sensors
  • Image Sensors
  • Position Sensors
  • Medical Based Sensors
  • Others

Body-Worn Temperature Sensor Market by Application [Shipment Analysis by Value from 2018 to 2030]

  • Fitness & Wellness
  • Infotainment
  • Healthcare & Medical
  • Clinical Setting
  • Industrial & Military
  • Others

Body-Worn Temperature Sensor Market by End Use [Shipment Analysis by Value from 2018 to 2030]

  • Manufacturing
  • Retail
  • Trade & Transportation
  • Healthcare
  • Media & Entertainment
  • Banking & Financial Services
  • Information Technology
  • Others

Body-Worn Temperature Sensor Market by Region [Shipment Analysis by Value from 2018 to 2030]

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

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-
  • Siemens
  • General Electric
  • Sensirion
  • Heimann Sensor
  • Dexter Research Center
  • Isansys
  • Maxim Integrated

Body-Worn Temperature Sensor Market Insights

The publisher 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:
  • Siemens
  • General Electric
  • Sensirion
  • Heimann Sensor
  • Dexter Research Center
  • Isansys
  • Maxim Integrated
Q6. Which body-worn temperature sensor market segment will be the largest in future?
Answer: The publisher 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,the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the body-worn temperature sensor market by type (biosensors, smart watches, wearable patches, hand worn terminals, smart clothing, and others), sensor type (pressure sensors, motion sensors, temperature sensors, image sensors, position sensors, medical based sensors, and others), application (fitness & wellness, infotainment, healthcare & medical, clinical setting, industrial & military, and others), end use (manufacturing, retail, trade & transportation, healthcare, media & entertainment, banking & financial services, information technology, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Body-Worn Temperature Sensor Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Body-Worn Temperature Sensor Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Body-Worn Temperature Sensor Market by Type
3.3.1: Biosensors
3.3.2: Smart Watches
3.3.3: Wearable Patches
3.3.4: Hand Worn Terminals
3.3.5: Smart Clothing
3.3.6: Others
3.4: Global Body-Worn Temperature Sensor Market by Sensor Type
3.4.1: Pressure Sensors
3.4.2: Motion Sensors
3.4.3: Temperature Sensors
3.4.4: Image Sensors
3.4.5: Position Sensors
3.4.6: Medical Based Sensors
3.4.7: Others
3.5: Global Body-Worn Temperature Sensor Market by Application
3.5.1: Fitness & Wellness
3.5.2: Infotainment
3.5.3: Healthcare & Medical
3.5.4: Clinical Setting
3.5.5: Industrial & Military
3.5.6: Others
3.6: Global Body-Worn Temperature Sensor Market by End Use
3.6.1: Manufacturing
3.6.2: Retail
3.6.3: Trade & Transportation
3.6.4: Healthcare
3.6.5: Media & Entertainment
3.6.6: Banking & Financial Services
3.6.7: Information Technology
3.6.8: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Body-Worn Temperature Sensor Market by Region
4.2: North American Body-Worn Temperature Sensor Market
4.2.1: North American Body-Worn Temperature Sensor Market by Application: Fitness & Wellness, Infotainment, Healthcare & Medical, Clinical Setting, Industrial & Military, and Others
4.3: European Body-Worn Temperature Sensor Market
4.3.1: European Body-Worn Temperature Sensor Market by Type: Biosensors, Smart Watches, Wearable Patches, Hand Worn Terminals, Smart Clothing, and Others
4.3.2: European Body-Worn Temperature Sensor Market by Application: Fitness & Wellness, Infotainment, Healthcare & Medical, Clinical Setting, Industrial & Military, and Others
4.4: APAC Body-Worn Temperature Sensor Market
4.4.1: APAC Body-Worn Temperature Sensor Market by Type: Biosensors, Smart Watches, Wearable Patches, Hand Worn Terminals, Smart Clothing, and Others
4.4.2: APAC Body-Worn Temperature Sensor Market by Application: Fitness & Wellness, Infotainment, Healthcare & Medical, Clinical Setting, Industrial & Military, and Others
4.5: ROW Body-Worn Temperature Sensor Market
4.5.1: ROW Body-Worn Temperature Sensor Market by Type: Biosensors, Smart Watches, Wearable Patches, Hand Worn Terminals, Smart Clothing, and Others
4.5.2: ROW Body-Worn Temperature Sensor Market by Application: Fitness & Wellness, Infotainment, Healthcare & Medical, Clinical Setting, Industrial & Military, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Body-Worn Temperature Sensor Market by Type
6.1.2: Growth Opportunities for the Global Body-Worn Temperature Sensor Market by Sensor Type
6.1.3: Growth Opportunities for the Global Body-Worn Temperature Sensor Market by Application
6.1.4: Growth Opportunities for the Global Body-Worn Temperature Sensor Market by End Use
6.1.5: Growth Opportunities for the Global Body-Worn Temperature Sensor Market by Region
6.2: Emerging Trends in the Global Body-Worn Temperature Sensor Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Body-Worn Temperature Sensor Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Body-Worn Temperature Sensor Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Siemens
7.2: General Electric
7.3: Sensirion
7.4: Heimann Sensor
7.5: Dexter Research Center
7.6: Isansys
7.7: Maxim Integrated

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Siemens
  • General Electric
  • Sensirion
  • Heimann Sensor
  • Dexter Research Center
  • Isansys
  • Maxim Integrated

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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