Wearable Bio Sensor Market

With the health care spending increasing significantly, it is expected that huge investment will likely to occur in wearable bio sensors sector as it is one of the promising technology of wearable health technology sector. The major application of these attributes to sports and military sector since constant monitoring of physiological signals is vital for personnel performance enhancement and security. Many health sector giants started to release products as wearable patches, smart band, watches, and in terms of smart glass and lens; realizing the opportunity in this untapped market. In military sector; Human performance augmentation (HPA) is an emerging concept in U.S military which is gaining traction. It is based on the ability to sense and assess human health status in real-time using wearable biosensors, and enhance warfighter performance before mission safety, efficiency, and outcome is compromised.

Easy to use, low cost, providing real time information, increasing population and chronic disease, and increase in health care spending are identified as the major driving factor for this sector however, Immaturity in technology poses as a barrier to this sector. Many technology giants like Google and Microsoft started investing into this sector, while key industrial participant expected follow this growing trend. North America is identified as the high opportunity sector, with U.S is going to lead in terms of technology and innovation.

• This report provides an in-depth analysis of wearable bio sensors market for next six years (2014-2020).
• The market is segmented on the basis of its application; Commercial and Military Application
• Separate market analysis and forecast of its product type; which consist of health patches, smart band, smart watch, smart lens and glass are identified in this report.
• The drivers, restraints and opportunities associated with this market is projected in this report
• Granular analysis of spending on bio sensors towards Sports & Fitness sector, Remote Patient Monitoring, and military personals are captured in this report, with detailed forecast for next six years.
• Key industrial participants are identified with their financials, product portfolio, strategies, and SWOT analysis
• Google, Microsoft, Vital Connect, Texas Instruments, Jaw bone, Tactio health group, Vancive medical technologies, zephyr, Gwent group, Huawei and Withings are some of the major companies analyzed  in this report