Market Research Reports- Consulting Analysis Crystal Market Research Wearable Sensors Market | Page 2

Wearable sensors facilitate long-term physiological monitoring which is critical for treatment of different chronic
disorders and mental health issues such as diabetes, depression, autism spectrum disorder (ASD), and anxiety.
From a cost perspective, the primary purpose of using wearable sensors is to move healthcare away from where it
is most expensive i.e., clinics and emergency rooms, and move towards outpatient monitoring and preventive
measures. The primary motivation behind developing wearable sensors is to create technologies that will enable
the users to regularly monitor their health related parameters and track the progress in all stages of life and
diseases.
Some of the key driving factors for the global wearable sensors market are, increasing demand for sensor based
wearable devices in healthcare, security, lifestyle and fitness applications, increased penetration of wireless
connectivity networks worldwide and rising global acceptance of smart devices. Wearable technology is touted to
replace smartphones in the near future as they promise more convenient way of communication in day to day life.
Increasing research and development activities focused on utilizing sensor based wearable technology for logistics,
manufacturing and military and security applications will largely contribute to the future growth of wearable
sensors market. However, factors such as security concerns related to data security and rising need and demand
for device integrations leading to interoperability issues can hamper the market growth.
Wearable motion sensors segment held a significant share of the wearable sensors market in 2016 owing to
increasing applications of wearable sensors in smart devices such as smart watches, shoes and medical devices in
order to track patients’ physical activity. Wearable image sensors market is expected to exhibit fastest growth
during the forecast period due to rising demand for intelligent smart devices such as smart watches and smart
glasses.
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Wrist wear segment held a significant share of the global wearable sensors market in 2016 owing to rising demand
for smart watches along with technological advancements leading to development of advanced wrist wear devices.
The segment is expected to experience lucrative growth during the forecast period due to increasing adoption of
smart watches and fitness bands by consumers as a result of increased awareness related to fitness tracking and
monitoring.
Consumer vertical of the wearable sensors market is expected to exhibit fastest growth during the forecast period
owing to increasing applications of wearable sensors in sectors such as sports, multimedia, fitness and
infotainment. Rising demand for sensor based devices for smart gadgets and interactive gaming devices is
expected to fuel the growth of consumer vertical during the forecast period.
U.S. held a major share of the North American wearable sensors market due to large scale adoption of
technologically enhanced wearable devices enabled by high disposable income of the population. Emerging
economies such as China and India are expected to witness favorable growth owing to increasing penetration of
smart devices such as tablets and smart phones.