Sensor Market in Consumer Healthcare Worth $47.40 Billion by 2020 – New Report by MarketsandMarkets
(PRWEB) August 02, 2014 -- According to a new market research report titled "Sensor Market in Consumer Healthcare by Sensor Type (Blood Pressure Sensor, Temperature Sensor, Image sensor, Heart rate sensor, Touch Sensor & Motion Sensor), by Application (Patient Monitoring, Therapeutic, Handheld and Homecare, & Fitness and wellness), by Geography - Analysis & Forecast to to 2013 - 2020", the sensor market in Consumer Healthcare is expected to reach $47.40 billion by 2020 growing at an estimated CAGR of 5.56% from 2014-2020.
Browse 71 market data Tables, 88 Figures spread through 382 Pages and in-depth TOC on "Sensor Market in Consumer Healthcare".
http://www.marketsandmarkets.com/Market-Reports/sensor-market-consumer-healthcare-111301095.html
The developments in sensing technologies can help to increase the trend of continuous patient monitoring, which can result in reduced healthcare costs and improved treatment outcomes. The use of sensors will help to capture the healthcare data continuously, and keep an electronic health record. It also reduces inefficiencies in managing of patient records and providing the user with the latest information. Consumer healthcare is one of the major fields that hold a promising future for sensors with a faster growth rate than all other applications.
This report presents the future of the Sensor Market in Consumer Healthcare and industry from both technical and market-oriented perspectives with techno-market oriented roadmaps till 2020. This report describes the market trends, drivers, restraints, and opportunities of the Sensor Market in Consumer Healthcare and forecasts the market up to 2020, based on sensor type, application, and geography. The report presents a detailed analysis of sensor type market such as temperature sensor, blood pressure sensor, blood glucose sensor, blood oxygen sensor, ECG sensor, image sensor, posture sensors, altitude sensors, motion sensor, pedometers, heart rate sensor, radiation sensor, and touch sensor and forecast the growth for each one of them. In geography, the report covers Americas, Europe, Asia-Pacific, and ROW (Rest of the World). In 2013, North America was the largest contributor in terms of market revenue for the sensor market in consumer healthcare. APAC, Europe, and ROW are also promising markets with China, Japan, India, Germany, and the Middle East providing impetus to the growth.
In the report, sensor market in consumer healthcare are been segmented by sensor type, target application, and geography. The sensor market in consumer healthcare report cover various types of sensors such as temperature sensor, pressure sensor, motion sensor, image sensor, heat-rate sensor, lactate sensor, and blood-oxygen sensor. Sensor market in consumer healthcare covers patient monitoring, therapeutic devices, imaging systems, handheld and home care equipment, and fitness and wellness devices.
Taking into consideration the future growth in this segment InvenSense, Inc. (U.S.) recently launched a wearable platform solution, which integrates the functions of health and fitness wearable device with pressure and motion sensor. Infineon Technologies (Germany) is also in the league for entering into the consumer healthcare market for sensors; the company launched 3D image sensor chips for the implementation of touch-less gesture recognition system. Texas Instruments Inc. (U.S.) launched the emotion sensing game controller to measure the psychological signals to sense the brain activity.
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The report profiles 31 promising players with a SWOT analysis of key players in the sensor market in consumer healthcare. The competitive landscape of the market presents an interesting picture, where a large number of small players have become a force to reckon with. The market is witnessing a series of new product launches and partnerships across the value chain. Some big announcement by small and big players is expected in the coming months.
Some of the key players in the sensor market for consumer healthcare are Analog Devices, Inc. (U.S.), Aptina Imaging Corp. (U.S.), EPCOS AG (Germany), Free scale Semiconductor, Inc. (U.S.), GE Measurement & Control Solutions (U.S.), Measurement Specialties, Inc. (U.S.), Koninklijke Philips N.V. (Netherlands) and Infineon Technologies AG (Germany).
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