#Accelerometer Medical Sensors Market Size & Share

[janetushar1]

Accelerometer Medical Sensors Market to Hit $8.9 Billion by 2032

The global Accelerometer Medical Sensors Market was valued at USD 3.7 Billion in 2024 and it is estimated to garner USD 8.9 Billion by 2032 with a registered CAGR of 13.5% during the forecast period 2024 to 2032.

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The global Accelerometer Medical Sensors Market can be segmented on the basis of product type, Applications, distribution channel, market value, volume, and region [North America, Europe, Asia Pacific, Latin America, Middle East, and Africa]. The Accelerometer Medical Sensors Industry 2024 report provides a comprehensive overview of critical elements of the industry including drivers, restraints, and management scenarios.

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Top Players

 Koninklijke Philips N.V. (Netherlands), Analog Devices Inc. (U.S.), Fit bit Inc. (U.S.), Garmin (U.S.), BMC Medicals (India), Resmed (U.S.), Somno Medics (Germany)

Trending 2024: Accelerometer Medical Sensors Market Report Highlights:

A comprehensive assessment of the parent Industry

Development of key aspects of the business

A study of industry-wide market segments

Evaluation of market value and volume in past, present, and future years

Evaluation of market share

Tactical approaches of market leaders

Innovative strategies that help companies to improve their position in the market

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Analysis Of The Top Companies, Product Types, and Applications In The Market Report:

This report provides sales, revenue growth rate, and verified information about the major players. Also includes a regional analysis and a labor cost analysis, tables, and figures. It also highlights characteristics such as technological growth. The product type segment is expected to continue to maintain its leading position in the future and capture a significant market share based on sales. This report provides analysis, discussion, forecast, and debate on key industry trends, market share estimates, Industry size, and other information. This report also discusses drivers, risks, and opportunities.

Global Accelerometer Medical Sensors Market report contains detailed data and analysis on the Accelerometer Medical Sensors Market drivers, restraints, and opportunities. Experts with market and industry knowledge as well as research experience from regional experts validate the report. The Accelerometer Medical Sensors Market report provides forecast, historical and current revenue for each industry, region, and end-user segment.

Regions Included

-North America [United States, Canada, Mexico]

-South America [Brazil, Argentina, Columbia, Chile, Peru]

-Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

-Middle East & Africa [GCC, North Africa, South Africa]

-Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

Global Accelerometer Medical Sensors Market report data will help you make more informed decisions. For example, in relation to prices, distribution channels are means of marketing or identifying opportunities to introduce a new product or service. These results will also help you make more informed decisions about your existing operations and activities.

Read Full Research Report with [TOC] @ https://www.vantagemarketresearch.com/industry-report/accelerometer-medical-sensors-market-2103

You Can Use The Accelerometer Medical Sensors Market Report To Answer The Following Questions:

What are the growth prospects of the Accelerometer Medical Sensors Market business?

Who are the key manufacturers in the Accelerometer Medical Sensors Market space?

What Forecast Period for Global Accelerometer Medical Sensors Industry Report?

What are the main segments of the global Accelerometer Medical Sensors Market?

What are the key metrics like opportunities and market drivers?

The Accelerometer Medical Sensors Market Insights

Product Development/Innovation: Detailed Information On Upcoming Technologies, R&D Activities, And Product Launches In The Market.

Competitive Assessment: In-Depth Assessment Of Market Strategies, Geographic And Business Segments Of Key Market Players.

Market Development: Comprehensive Information On Emerging Markets. This Report Analyzes The Market For Different Segments In Different Regions.

Market Diversification: Comprehensive Information On New Products, Untapped Regions, Latest Developments, And Investments In The Accelerometer Medical Sensors Market.

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[industrynewsupdates]

Medical Sensors Market Size, Share And Trends Analysis Report

The global medical sensors market size is expected to reach USD 142.2 billion by 2030, registering a CAGR of 19.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. it's upsurge in the number of patients afflicted with chronic conditions, such as diabetes and hypertension, is fueling the usage of monitoring as well therapeutic devices, thus boosting the market demand. 

The target population for this market is patients with chronic illnesses, as such conditions necessitate regular checkups and intermittent or continuous patient monitoring. The rise in population of chronically ill patients further increases the uptake of the medical sensors. 

The geriatric population is highly prone to developing chronic disorders and they pose a higher risk of developing age-related deformities and complications. Moreover, the adoption of unhealthy food habits and sedentary lifestyles and the resultant surge in the incidence of obesity has led to the increasing prevalence of lifestyle disorders including diabetes. The presence of a large target population base combined with the prevalence of lifestyle-related risk factors is likely to accelerate the growth of the medical sensors market during the forecast period. 

Gather more insights about the market drivers, restrains and growth of the Medical Sensors Market

Medical Sensors Market Report Highlights

• The biosensors products segment held a lucrative share of over 44.0% in 2023. This is ascribable to the following attributes of the novel biosensors: durability, reliability, and accuracy. Moreover, their applications in the healthcare areas, such as the detection of drug abuse, glucose monitoring for diabetes, the detection of cholesterol, and others. All these elements governed the growth of this segment in 2023. 

• The surgical applications of the sensors dominated the market in 2023. Whereas, the monitoring applications segment is projected to be the fastest growing during the forecast period. Advancements, such as wearable technology are anticipated to boost the demand for the monitoring devices market. 

• The hospitals registered a remunerative growth in 2023; this can be attributed to the presence of a well-developed healthcare infrastructure, which yields faster and accurate diagnosis. Moreover, the availability of well-equipped infrastructure coupled with the presence of skilled personnel and technologically advanced equipments contribute towards the lucrative growth of this segment. 

• North America held a considerably large share of over 34.6% in 2023 owing to the presence of leading sensor manufacturers, a well-planned medical reimbursement network, and the increasing disposable income 

• On the contrary, Asia Pacific is anticipated to be the fastest growing region with a CAGR of over 20.6% over the forecast period. The favorable economic developments and the advancing healthcare system with the aid of supportive government initiatives are anticipated to further assist the growth. Moreover, the increasing base of the aging population in this region also, additionally impels the demand. According to the report published by the Ministry of Statistics, in India, 8.6% of the total population is aged above 60; hence, presenting a profitable opportunity for the market players to invest in this region.

Medical Sensors Market Segmentation

Grand View Research has segmented the global medical sensors market based on product, application, end use, and region:

Medical Sensors Product Outlook (Revenue, USD Million, 2018 - 2030)

• Pressure Sensors

• Temperature Sensor

• Image Sensors

• Accelerometer

• Biosensors

o Cholesterol

o Blood Glucose

o Blood Gas Analyzers

o Pregnancy testing

o Drug Discovery

o Infectious Diseases

• Flow Sensors

• Squid Sensors

• Others

Medical Sensors Application Outlook (Revenue, USD Million, 2018 - 2030)

• Surgical

• Diagnostics

• Therapeutics

• Monitoring

Medical Sensors End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital

• Stand Alone clinics

• Nursing Homes

• Home Healthcare

• Others

Medical Sensors Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o UK

o Germany

o France

o Italy

o Spain

o Denmark

o Sweden

o Norway

• Asia Pacific

o China

o India

o Japan

o Australia

o South Korea

o Thailand

• Latin America

o Brazil

o Argentina

• Middle East and Africa (MEA)

o Saudi Arabia

o South Africa

o UAE

o Kuwait

Order a free sample PDF of the Medical Sensors Market Intelligence Study, published by Grand View Research.

[electronalytics]

Consumer MEMS Inertial Sensors Market Analysis 2023 Dynamics, Players, Type, Applications, Trends, Regional Segmented, Outlook & Forecast till 2032

The competitive analysis of the Consumer MEMS Inertial Sensors Market include a comprehensive analysis of market trends, competitor landscape, consumer behavior, and potential opportunities. It should cover key demographics, market size, growth projections, and risk factors. The report should also highlight the methodology used for data collection and analysis, presenting findings with visual aids such as charts and graphs. Additionally, recommendations and strategic insights for stakeholders to make informed decisions are crucial. The report should be concise, well-organized, and provide actionable information for businesses aiming to navigate the market effectively.

Key Function:

A  Consumer MEMS Inertial Sensors market research report serves to assess market dynamics, identify opportunities, and mitigate risks for businesses. It analyzes consumer preferences, competitor strategies, and economic trends. The report facilitates informed decision-making by presenting data on market size, growth potential, and emerging patterns. It aids in product development, pricing strategies, and market positioning. Additionally, market research reports help businesses understand their target audience, enhance marketing efforts, and optimize resource allocation. By offering actionable insights, these reports empower organizations to stay competitive, adapt to changing market conditions, and foster sustainable growth in a dynamic business environment.

Key Dynamics:

Market research reports capture vital dynamics, including market trends, competitive analysis, and consumer behavior. They reveal market size, growth projections, and regional nuances. SWOT analysis examines internal strengths and weaknesses, along with external opportunities and threats. Consumer insights delve into preferences, impacting product development and marketing strategies. The competitive landscape unveils key players, strategies, and market shares. Regulatory factors and industry challenges are explored, aiding risk assessment. Timely and accurate information empowers businesses to adapt strategies, capitalize on opportunities, and navigate challenges, ensuring informed decision-making and sustained competitiveness in dynamic markets.

Receive the FREE Sample Report of Consumer MEMS Inertial Sensors Market Research Insights @ https://stringentdatalytics.com/sample-request/consumer-mems-inertial-sensors-market/12433/

Market Segmentations:

Global Consumer MEMS Inertial Sensors Market: By Company • Ashai kasei Microdevices Corp. • Robert Bosch GmbH • InvenSense Inc. • STMicroelectronics N. V. • Alps Electric Co. Ltd. • Analog Devices Inc. • Freescale Semiconductor Ltd. • Kionix Inc. • Memsic Inc. • Texas Instruments Inc. Global Consumer MEMS Inertial Sensors Market: By Type • Accelerometers • Gyroscopes • Magnetometers Global Consumer MEMS Inertial Sensors Market: By Application • Automotive • Medical • Communications

Regional Analysis of Global Consumer MEMS Inertial Sensors Market

All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Consumer MEMS Inertial Sensors market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Purchasing a market research report is essential for businesses seeking a competitive edge. It provides in-depth insights into market trends, consumer behavior, and competitor strategies. This knowledge empowers informed decision-making, mitigates risks, and identifies growth opportunities. Market reports streamline strategic planning, enhance product development, and optimize resource allocation. For businesses entering new markets, these reports offer critical data for successful market entry. Additionally, the comprehensive analysis instills investor confidence, ensures regulatory compliance, and saves time compared to independent research efforts. Ultimately, investing in market research reports is a strategic move that enhances efficiency, minimizes uncertainties, and fosters sustainable business growth.

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[oliverreigns]

Vibration Sensor Market Size, Share, Trends, Outlook, Forecast 2024-2032

According to IMARC Group latest report titled “Vibration Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on vibration sensor market forecast. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global vibration sensor market size reached US$ 4.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.4 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.

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A vibration sensor, also known as an accelerometer or vibration transducer, is a device designed to detect and measure vibrations in machinery or structures. It converts mechanical vibrations into electrical signals, providing valuable data for monitoring equipment health and identifying potential issues. Vibration sensors are widely used in various industries, including manufacturing, aerospace, automotive, and infrastructure. They help prevent equipment failure, reduce maintenance costs, and enhance overall operational efficiency by detecting abnormal vibrations that may indicate misalignments, imbalance, or wear. The collected data aids in predictive maintenance strategies, ensuring timely intervention and preventing unexpected breakdowns in machinery or structural components.

Market Trends:

The global market is majorly driven by the increasing emphasis on predictive maintenance. In line with this, industries worldwide are increasingly adopting predictive maintenance strategies, leveraging vibration sensors to monitor equipment health. These sensors play a pivotal role in detecting abnormalities in machinery early on, reducing downtime, and optimizing maintenance schedules. Furthermore, the rise of Industry 4.0 and the broader trend of industrial automation contribute significantly to the market's growth. Vibration sensors are integral components of smart manufacturing systems, enabling real-time monitoring and control of machinery. This facilitates data-driven decision-making, improves overall equipment effectiveness, and supports the transition toward more efficient and connected industrial processes. Besides, the expanding use of vibration sensors in diverse applications, including automotive, aerospace, healthcare, and infrastructure, drives market diversification. In the automotive sector, for example, vibration sensors contribute to vehicle safety and performance monitoring. In healthcare, they play a role in medical diagnostics and monitoring equipment. Additionally, rapid technological advancements, particularly in sensor design and data analytics, enhance the capabilities of vibration sensors. Integrated wireless communication and Internet of Things (IoT) connectivity enable seamless data transmission and remote monitoring, fostering the adoption of these sensors across various industries.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/vibration-sensor-market

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players operating in the market.

Analog Devices Inc.

Bosch Sensortec GmbH (Robert Bosch GmbH)

Dytran Instruments Inc.

Emerson Electric Corp.

FUTEK Advanced Sensor Technology Inc.

Hansford Sensors Ltd.

Honeywell International Inc.

National Instruments Corporation

NXP Semiconductors N.V.

Rockwell Automation

Safran Colibrys SA

SKF

TE Connectivity Ltd.

Texas Instruments Incorporated.

Key Market Segmentation:

Our report has categorized the market based on region, product, technology, material, and end-use industry.

Breakup by Product:

Accelerometers

Velocity Sensors

Non-Contact Displacement Transducers

Others

Breakup by Technology:

Piezoresistive

Strain Gauge

Variable Capacitance

Optical

Others

Breakup by Material:

Doped Silicon

Piezoelectric Ceramics

Quartz

Breakup by End-Use Industry:

Automotive

Healthcare

Aerospace and Defence

Consumer Electronics

Industrial Machinery

Others

Breakup by Region:

North America (United States, Canada)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Asia Pacific (China, Japan, India, Australia, Indonesia, South Korea, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

Key Highlights of the Report:

Market Performance (2018-2023)

Market Outlook (2024-2032)

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive Mapping of the Competitive Landscape

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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[namanr]

Sensor Patch Market Expected to Reach $56.4 Billion, Globally, by 2032 at 43.2% CAGR: Allied Market Research

The Sensor Patch market share is expected to witness considerable growth in coming years, owing to the rise in disposable income. Additionally, the industry is anticipated to develop as a result of the consumer inclination toward wearable devices.

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According to a new report published by Allied Market Research, titled, “Sensor Patch Market by Product Type, Wearable Type, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2023-2032" The sensor patch market was valued at $1.6 billion in 2022, and is estimated to reach $56.4 billion by 2032, growing at a CAGR of 43.2% from 2023 to 2032.

Download Research Report Sample & TOC: https://www.alliedmarketresearch.com/request-sample/10190 (We look forward to moving quickly to provide the Report Analysis needed for your Business Success)             •153 – Tables             •70 – Charts             •314 – Pages

The fast growth of wearable technology in recent years has resulted in the creation of ground-breaking gadgets like sensor patches, which are revolutionizing the field of health monitoring. These small, sticky patches have several sensors that can record and send real-time data on a person's physiological and environmental factors. The combination of technology and healthcare has the potential to significantly improve illness management, preventative healthcare, and individual well-being. Multiple sensors that gather information on physiological indicators, physical activity, and even molecular markers make up a sensor patch's core. These sensors might include temperature sensors, accelerometers, electrocardiogram (ECG) sensors, and more. 

Prime determinants of growth:

Competitive analysis and profiles of the major global market players that have been provided in the report include Abbott Laboratories, IRhythm Technologies, Inc., DexCom, Inc., Medtronic PLC, 3M, Preventice Solutions, Inc., VitalConnect, Inc., Adhesives Research, Texas Instruments Incorporated, Gentag, Inc., Nanosonic, Inc., and Kenzen.

One of the significant factors that impact growth of the market includes rise in disposable income. Moreover, surge in per capita income in healthcare industry and surge in usage of sensor patches in sports industry is expected to drive the sensor patch market growth. However, assimilation of sensors with various devices might hamper growth of the sensor overpatches. On the contrary, consumer inclination toward wearable devices offer sensor patch market opportunity thereby rising demand for fixic waterproof patches and blood sugar monitor patch

Report Coverage and Details:

Aspects

Details

Market Size By 2032

USD 56.4 billion

Growth Rate

CAGR of 43.2%

Forecast period

2022 - 2032

Report Pages

314

By Product Type

Temperature Sensor Patch

Blood Glucose Sensor Patch

Blood Pressure/Flow Sensor Patch

Heart Rate Sensor Patch

ECG Sensor Patch

Blood Oxygen Sensor Patch

Others

By Wearable Type

Wristwear

Footwear

Neckwear

Bodywear

By Application

Monitoring

Diagnostics

Medical Therapeutics

By End User

Healthcare

Fitness and Sports

  COVID-19 Scenario:

The COVID-19 pandemic had a huge influence on the market for sensor patches, presenting both difficulties and possibilities. The demand for wearable sensor patches increased as the healthcare industry placed a higher priority on infection prevention and remote patient monitoring. The constant monitoring of vital signs and symptoms made possible by these patches allowed for non-invasive health surveillance, which was essential for treating COVID-19 patients and lowering hospital admissions.

However, market expansion was hampered by supply chain interruptions, decreased consumer spending, and postponed product introductions brought on by lockdowns and limitations. The manufacture and delivery of sensor patches were hampered by the shutdown of manufacturing facilities and logistical difficulties. Additionally, the pandemic's impact on the economy induced cautious expenditure in non-essential areas, which had an impact on the uptake of several sensor patch applications.

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 Leading Market Players:

Kenzen,

IRhythm Technologies, Inc.,

NANOSONIC, INC.,

3M,

Preventice Solutions, Inc.,

DexCom, Inc.,

VitalConnect, Inc.,

Abbott Laboratories,

The report provides a detailed analysis of these key players of the global sensor patch market. These players have adopted different strategies such as product development and product launch to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Key Benefits for Stakeholders:

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the sensor patch market analysis from 2022 to 2032 to identify the prevailing sensor patch market opportunities.

The sensor patch industry research is offered along with information related to key drivers, restraints, and opportunities.

Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

In-depth analysis of the sensor patch industry segmentation assists to determine the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global market.

Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

The report includes the analysis of the regional as well as global market trends, key players, market segments, application areas, and market growth strategies.

By Region:

North America (U.S., Canada, and Mexico)

Europe (U.K., Germany, France, Italy, Spain, Russia, Netherlands, Belgium, Poland, and Rest of Europe)

Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Thailand, Philippines, Indonesia, and Rest of Asia-Pacific)

LAMEA (Latin America, Middle East and Africa)

Trending Reports in Semiconductor and Electronics Industry (Book Now with Up to 20% Discount + COVID-19 Scenario):

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Superconductors Market share is projected to reach $17.4 billion by 2032, growing at a CAGR of 10% from 2023 to 2032.

Power Cable Market size is projected to reach $277.8 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031

Embedded Systems Market size is projected to reach $163.2 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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[samairablog12]

3D Sensor Market Size, Share & Trends Analysis Report

Global 3D sensor market is currently valued at USD 3.125 billion in 2021. It is anticipated to grow at a CAGR of 24.73% over the forecast period and reach USD 14.68 billion by 2028.

Scope of Global 3D Sensor Market:

The latest business intelligence report on the 3D Sensor Market offers a comprehensive overview of the pivotal aspects pertaining to this industry vertical. It incorporates an accurate assessment of historical records, projections, growth drivers, opportunities, challenges, and restraints, among others.

The scope of a 3D sensor encompasses the capture and interpretation of three-dimensional data from the surrounding environment. These sensors utilize various technologies such as structured light, time-of-flight, or stereo vision to perceive depth and spatial information accurately. The applications of 3D sensors are diverse, ranging from robotics, augmented reality, and virtual reality to industrial automation, autonomous vehicles, and medical imaging. By enabling real-time depth perception and object recognition, 3D sensors revolutionize the way machines and devices interact with the world, leading to enhanced accuracy, efficiency, and immersive experiences in a wide array of fields. As technology advances, the scope of 3D sensors continues to expand, driving innovation across industries and shaping the future of human-machine interactions.

Browse In-depth Market Research Report (300 Pages) on 3D Sensor Market:

3D Sensor Market Companies:

Intel Corporation

Occipital Inc.

Softkinetic

LMI Technologies

Sick AG

Infineon Technologies

XYZ Interactive Technologies

Panasonic Corporation

Omnivision Technologies Cognex Corporation Occipital Inc.

Sony and others.

Regional Insights:

The Global 3D Sensor Market report encompasses an analysis of key regions, including North America, Europe, Asia-Pacific, and Rest of the World. The country-level breakdown of the Managed Security Service market includes major economies such as the U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt), GCC, Africa, and others. The report provides comprehensive insights into the market trends, growth drivers, challenges, and opportunities across these regions and countries, enabling a deeper understanding of the 3D Sensor industry's global landscape.

Global 3D Sensor Market Segmentation:

By Type

Image Sensor

Position Sensor

Accelerometer Sensor

Acoustic Sensor

Others

By Technology

Stereo Vision

Structured Light

Time-of-Flight

Ultrasound

By End-user

Consumer electronics

Automobile

Healthcare

Others

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[electronics-system]

Microelectromechanical systems (MEMS) are micrometer-scale devices that integrate electrical and mechanical elements. This technology includes very small, moving mechanical parts, and electrical components and is used to fabricate sensors such as accelerometers, gyroscopes, digital compasses, inertial modules, pressure sensors, humidity sensors, and microphones.

Impending need of device miniaturization in various electronic devices such as smartphones, wearable devices, medical instruments, and other electronic devices fuel the growth of the MEMS sensor market.

[strangemusictriumph]

Smart Glove Market - Forecast (2021 - 2026)

The Smart Glove Market size is analyzed to grow at a CAGR of 9.6% during the forecast 2021-2026 to reach $4.67 billion by 2026. Smart Glove is considered as a wide range of Sensor technology gloves for advanced and customized solutions, such as hand protection, high-tech rehab device and other assistive device services. The Smart Gloves are designed electronic devices with microcontrollers to offer avant-garde opportunities for various kinds of application suitable to the business requirements, including industrial grade gloves and medical grade gloves, and thus, contribute to the Smart Glove market growth. The rapid prominence of the Internet of Things (IoT), artificial intelligence and connected devices, along with the increasing innovations in wearable health devices, smart personal protective equipment, integrated with GPS, wireless communication features and in-built voice assistance have supported the Smart Glove Industry development successfully. In fact, the growth of the market is also observed due to the growing advancement of the Bluetooth chip, flex sensors, microcontroller, and accelerometer. Furthermore, the progression of microencapsulation and nanotechnology pave the way for sensor technology which offers lucrative growth possibilities. The influx of brands like Samsung, Apple, and Fossil are broadening the functionalities, which further promotes Smart Glove Market. 

Smart Glove Market Report Coverage

The report: “Smart Glove Industry Outlook – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Smart Glove Industry.

By Offerings: Software and Service By Application: Fitness & Wellness, Specific Health Monitor, Infotainment, Ergonomic wearable and others By Industry Verticals: Pharmaceuticals & Healthcare, Food & Beverages, Enterprise and Industrial, Consumer Electronics and others By Geography: North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan, India, South Korea, Australia and Others), South America(Brazil, Argentina and others)and RoW (Middle east and Africa). 

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Key Takeaways

The growing demand of wearable medical devices owing to the increasing awareness on fitness and a healthy lifestyle along with prominence of connected devices in Healthcare, contribute to the growth.

Asia Pacific is estimated to hold the highest share of 40% in 2020, followed by North America, owing to the significant adoption of IoT, large scale implementation of a wide range of ubiquitous systems, such as wearable computing and sensor technology across the several business verticals.

The advancements in consumer electronics with a wide range of technical advantages, including touch sensitive features and miniature designs, resulted into the market growth.

Smart Glove Market Segment Analysis – By Industry Verticals

By Industry Verticals, the Smart Glove Market is segmented into Pharmaceuticals & Healthcare, Food & Beverages, Enterprise and Industrial, Consumer Electronics and others. The Enterprise and Industrial segment held the major share of 37% in 2020, owing to the propensity for cutting-edge products and significant investment to pursue radical evolutions in commercial applications. In order to address the growing requirement of several end users across automotive, oil & gas, manufacturing and logistics, customizable smart gloves with built-in scanners are introduced for more effective operations. In April 2019, the manufacturer of a smart, wearable technology, ProGlove, unveiled its MARK 2 to a U.S. audience ProMat in Chicago. The new MARK 2 enables the user to scan up to 5 feet away from a device and can connect to a corporate network via Bluetooth Low Energy (BLE), with up to 15-hour charge battery. ProGlove provides hands-free scanning solutions across a number of industries, and thus, in September 2020, Panasonic announced a partnership with ProGlove, to combine the mobile computing solutions of the two companies in order to offer rugged, innovative and user-friendly wireless barcode scanners. The strategic collaboration is also formulated to deliver seamless as-a-stand-alone scanning solution with an embedded Panasonic’s voice picking solutions for the warehouse operations, supply chain, and inventory checking. Therefore, the growing demand of integrated gesture sensor solutions for dynamic workstations, and a more efficient working environment accelerated the demand of Smart Glove Market. 

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Smart Glove Market Segment Analysis – By Geography

Asia Pacific is estimated to hold the highest share of 40% in 2020, followed by North America in Smart Glove Market. The early adoption of IoT, large scale implementation of a wide range of ubiquitous systems, such as wearable computing and sensor technology across the several business verticals, along with the growing interest of consumers towards ‘sensorized’ fitness wearable devices are estimated to drive the market in these regions. Furthermore, numerous research investments propel the innovations of soft and stretchable electronics design that propel a competitive edge to smart wearable solutions. In January 2021, HaptX Inc. announced the release of HaptX Gloves DK2. The HaptX Gloves DK2 is an upgraded design and the world's most advanced haptic feedback gloves, which deliver unprecedented realism, with more than 130 points of tactile feedback per hand. These gloves have astoundingly real-life superpowers with VR, XR, and robotics technologies to meet the demand of various enterprises for quality requirements. Hence, the promising demand of industrial wearable and other smart personal protective equipment in these regions are estimated to drive the Smart Glove Market. 

Smart Glove Market Drivers

Growing prominence of healthcare wearable

The growing demand of wearable medical devices owing to the increasing awareness on fitness and a healthy lifestyle along with prominence of connected devices in Healthcare, contribute to the growth of Smart Glove Market. Moreover, the rise of high-tech devices to usher clinical-grade wearable with 3G and 4G connection led to various viable solutions. In July 2020, UCLA bioengineers designed a glove-like device that can translate American Sign Language (ASL) into English speech in real time through a smartphone app. The entire system is integrated upon a pair of gloves with thin, stretchable sensors to translate hand gestures into spoken words. Hence, the sizable demand of personalized care, specific health issue monitoring devices and user-friendly, compact medical wearable propelled the growth of the Smart Glove Market. 

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Advancements in consumer electronics

The advancements in consumer electronics with a wide range of technical advantages, including touch sensitive features and miniature designs, resulted into the growth of Smart Glove Market. The advent of digitalization and latest development in sensor technology to enhance user performances is further driving the market. In April 2019, British music tech company Mi.Mu, founded by Grammy award-winning artist Imogen Heap announced the release of newly designed Mi.Mu gloves, allowing artists to map hand gestures to music software. The new gloves of Mi.Mu are durable with a removable battery system that offers artists complete control over their musical performances. Moreover, the breakthrough innovation in microfibre sensor technology offers strain sensing capabilities that provides gesture-based control. In August 2020, A team of researchers from the National University of Singapore (NUS), led by Professor Lim Chwee Teck, developed a smart glove, known as 'InfinityGloveTM', which enables users to mimic numerable in-game controls using simple hand gestures. Therefore, the launch of sophisticated wearable electronics products, extensive glove's capabilities and rising usage of convenient-to-use devices are some of the factors that are estimated to drive the Smart Glove Market. 

Smart Glove Market Challenge

High price of Smart Glove solution

The market of Smart Glove is expanding due to the significant technologies development, using the amalgamation of sensing and feedback operation to denote smarter systems. Thus, the commercially available devices, pertaining to smart glove features are prominently expensive, which is a major constraint that demotivated the rapid adoption. Thus, factors such as less sensible investment and unobtainability of some of the latest smart gloves technology around some regions  due to high cost are likely to restrict the Smart Glove Market. 

Market Landscape

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the Smart Glove Market. The Smart Glove Market top 10 companies include Apple Inc, Flint Rehab, Haptx, Lab Brother Llc, Maze Exclusive, Neofect, Samsung Electronics Co Ltd, Seekas Technology Co., Ltd, Vandrico Solution Inc, ProGlove, Workaround Gmbh and among others 

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Acquisitions/Technology Launches/Partnerships

In December 2019, HaptX, the leading provider of realistic haptic technology announced the partnership with Advanced Input Systems along with a Series A financing round of $12 million. This acquisition provides a great opportunity for HaptX as they can finance the production of the next generation of HaptX Gloves, which represents the world’s most realistic gloves for virtual reality and robotics, coupled with product development, manufacturing, and go-to-market collaboration.

In November 2019, Ansell Limited, a leading provider of safety solutions, announced a partnership with ProGlove, a renowned industrial wearable manufacturer.  The acquisition is formed to deliver advanced hand protection solutions to ensure the personal protective equipment (PPE) compliance in the workplace.

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[waaaiz]

AR and VR Market Research Report

The GMI Research forecasts that the AR and VR market is witnessing an upsurge in demand over the forecast period. This is mainly due to the growing penetration of smartphones and connected devices in several applications and technological development in the gaming industry.

Introduction of the AR and VR Market:

Augmented Reality (AR) and Virtual Reality (VR) refer to technologies that visualize virtual surroundings using a device or over a surface/platform. Digital information is implemented in augmented reality with the consumer's environment in real-time. It is an improved version of the real physical world using visual elements, sound, or other sensory stimuli. Virtual Reality (VR) refers to an artificial environment and designed with software that, when presented to the consumer, they accept it as a real environment. Virtual reality is majorly experienced through two sights and sounds. 3D-movies that require 3D glasses is an appropriate example of VR.

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AR and VR Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

The major factor surging the growth of the augmented and virtual reality market at a global level include the growing penetration of smartphones and connected devices in several applications and technological development of the gaming industry. Moreover, the strong demand for augmented reality and virtual reality in the retail and e-commerce industry further drives market growth. The growing demand for augmented reality devices in healthcare for patient care management & medical training as well as in education and in retail/e-commerce as the trend of online shopping is boosting the growth of the market. In addition to this, the factor bolstering the growth of the AR and VR market include rising investment and funding in virtual reality and augmented reality by tech giants for the expansion of virtual reality and augmented reality solutions.

The emerging trends of smart manufacturing, increasing use of virtual reality in aerospace & defense for training and simulation purpose, strong demand of augmented reality in architecture, growing penetration of head mount in gaming, healthcare, and architecture application, followed by integration of Artificial Intelligence (AI) & Machine Learning (ML) are some other factors contributing to the growth of the AR and VR market share in terms of revenue in the upcoming years. On the other hand, the factors hindering the market growth include processing power, lack of user interface, limited storage of augmented reality devices, and health concern owing to low resolution and security concerns.

Key Players of the Global AR and VR Market:

·        Google LLC

·        Microsoft Corporation

·        Oculus VR

·        Samsung Electronics

·        Sony Corporation

·        HTC Corporation

·        Magic Leap, Inc.

·        Wikitude GmbH

·        PTC Inc.

·        DAQRI

·        Apple Inc.

AR and VR Market Segmentation:

Segmentation by Offering:

·        Hardware

o   Sensors

§  Accelerometer

§  Gyroscope

§  Magnetometer

§  Proximity Sensor

o   Semiconductor Component

§  Controller and Processor

§  Integrated Circuits

o   Displays and Projectors

o   Position Trackers

o   Cameras

o   Others

·        Software

o   AR Software

§  AR Remote Collaboration

§  Workflow Optimization

§  Documentation

§  Visualization

§  3D Modeling

§  Navigation

o   VR Content Creation

Segmentation by Device Type:

·        Augmented Reality Devices

o   Head-Mounted Display

§  AR Smart Glasses

§  Smart Helmets

o   Head-Up Display

o   Handheld Device

·        Virtual Reality Devices

o   Head-Mounted Display

o   Gesture-Tracking Device

§  Data Gloves

§  Others

o   Projector & Display Wall

Segmentation by Application:

·        Augmented Reality Applications

o   Consumer

§  Gaming

§  Sports & Entertainment

·        Entertainment Applications

·        Museums (Archaeology)

·        Theme Parks

·        Art Gallery & Exhibitions

o   Commercial

§  Tourism & Sightseeing

§  E-Learning

§  Retail & E-Commerce

·        Jewelry

·        Beauty & Cosmetics

·        Apparel Fitting

·        Furniture & Lighting Design

·        Grocery Shopping

·        Footwear

o   Enterprise

o   Healthcare

o   Aerospace & Defense

o   Energy

o   Automotive

o   Others

·        Virtual Reality Applications

o   Consumer

§  Gaming and Entertainment

·        Sports

o   Commercial

§  Retail

§  Education and Training

§  Travel and Tourism

§  Advertising

o   Enterprise

o   Healthcare

§  Surgery

§  Patient Care Management

§  Fitness Management

§  Pharmacy Management

§  Medical Training and Education

o   Aerospace & Defense

o   Others

§  Automotive

§  Real Estate

§  Geospatial Mining

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: enquiry@gmiresearch.com Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com

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[akshay-s]

Top industries and application areas of Artificial Intelligence in 2019

2019 has been a year of drastic improvements in the field of Artificial Intelligence. It also witnessed a great deal of acceptance from the customers. 41% of the customers believe that AI will improve the quality of life in some way or the other. 33% believe that they are already using artificially intelligent applications or platforms.

This gives organizations a sense of confidence in their products and operations that incorporate Artificial Intelligence at their core. In this section, we highlight the top industries where AI has gained popularity and the top application areas of Artificial Intelligence in each of these industries.

Healthcare

Improvement in the state of healthcare system holds immense importance as it directly reflects on critical aspects such as quality of treatment, life expectancy, etc. Artificial Intelligence is playing a major role in improving diagnostics, minimally invasive surgical procedures, drug development, better patient monitoring, and getting actionable insights into patients’ real-time needs. These are just some of the many applications of AI in healthcare. Mentioned below are some critical application areas of artificial intelligence that are helping save lives.

Enlitic, a California based AI organization that develops ‘deep learning’ based tools to streamline radiology diagnosis. The deep learning platform analyses the unstructured data such as blood tests, radiology images, genomics, EKGs, etc. along with complete patient medical history. It then provides medical practitioners with actionable insights based on this data to understand patients’ real-time needs.

Enlitic has been named the 5th smartest AI company in the world by MIT. It has left behind Facebook and Microsoft in the said ranking.

Named the ‘Most Innovative Healthcare AI Developments of 2019’, BioXcel Therapeutic’s work in AI-based drug development is phenomenal. The company uses AI to identify and develop new medicines in the domain of neuroscience and immuno-oncology. They also work towards finding new applications for existing drugs with the help of AI.

There are many organizations that are working towards improving the diagnosis of cancer detection and successfully working towards improving the rate of cancer detection at earlier stages to reduce cancer-related deaths. Many companies are also working towards finding a cure for cancer in the early stages.

Agriculture

It has been stated that our planet would need 50% more food than being produced today by the year 2050. And once again, AI could be the solution to this challenging task.

PEAT is a Berlin-based start-up that has successfully designed and developed an AI application software for analyzing the nutrient profile of the soil. It can achieve this by merely scanning through the images of the soil, without even physically examining it in any way.

Some of the ways they are helping solve the problems of the agriculture industry are by enabling higher production and reduced operational cost and increasing the efficiency of cultural practices.

Apart from the information regarding the soil profile, the new age IoT-based AI modules assist with applications of climate prediction, crop management practices, fertilizer optimization, and organically nurtured produce.

Finance

Artificial Intelligence has found many applications in the Finance industry. These applications are being widely used across organizations to up their game and grab a larger chunk of market share. Some of the applications lie in credit decisions, managing risk, fraud prevention, quantitative trading, personalized banking, process automation and much more.

ZestFinance has come up with Zest Automated Machine Learning (ZAML). It is an AI-powered underwriting platform that is helping finance companies to assess the credibility of borrowers with little or no credit history. Thousands of data points are used to provide a level of transparency that other underwriting solutions fail to provide. ZAML is an end to end platform which is easily scalable.

Similarly, there are many other start-ups that are coming up with AI solutions to transform the traditional ways prevailing in the industry.

Space and Aeronautics

Artificial Intelligence has paved its way into extraterrestrial exploration and helping space scientists to find hints of life on other planets. It is being considered to send artificial Intelligence bots to other planets to conduct studies on the presence of life, based on the climatic activities and presence of natural resources around.

Another application lies with managing the humongous amount of data that is received from satellites. The significant amount of data gathered by NASA from these satellites is in the form of ocean currents, volcanic activity, ic states, and a bird’s eye view of what is happening on the Earth. The millions of bytes of raw data are organized and processed into data sets which is a tough task given the volume of data. The Advancing Collaborative Connections for Earth System Science (ACCESS) researchers use the latest machine learning and data transmission for different aspects of data management.

Top industries and application areas of Artificial Intelligence in India

India has witnessed substantial growth in the number and size of Artificial Intelligence start-ups. Many small and mid-size companies are flourishing and thriving the very challenging field of AI with their unique and promising solutions.

For many years now, cities like Bengaluru, Pune, Chennai, and Coimbatore among others have spawned many micro-industries. This is the reason behind these startups venturing into industrial AI in India.

Tarun Mishra, co-founder of DeTech Technologies says, “India is known for its software prowess and we have the talent and capabilities in machine learning, computer vision, and deep learning. The next level is building the AI layer on top and India is front-ending this revolution.”

Some of the major industries that are opening up to AI applications are healthcare, Defense, and commercial space. Let us have a look at some of the top companies and research institutes in 2019 that are applying Artificial Intelligence to solve real-world problems.

Healthcare

Niramai: Thermalytix by Niramai is a fusion of sophisticated Machine Learning algorithms to automate the process of analyzing thermal images. It is an AI-powered diagnostic engine with a high-resolution thermal sensing device and a cloud-hosted analytics solution for the analysis of thermal images identified. The SaaS solution helps with early and accurate breast cancer screening.

National eHealth Authority (NeHA) – National eHealth Authority is a government initiative and acts as a regulatory body for setting standards in the healthcare sector. The vision of this organization is to attain high quality and cost-effective health services for all Indians. It is an integrated health information system to promote setting up of state health record repositories and Health Information Exchanges (HIEs). The goal is to set up a data management system, privacy policies, guidelines, and health records of patients. The health records are monitored with the help of AI for the better cure of patients.

Cognitive Science Research Initiative (CSRI) – This initiative uses AI to overcome challenges related to cognitive disorders and related social issues. Some of the tools used are psychological tools, early diagnosis, and better therapies, rehabilitation programs, and intervention technologies all using AI.

Defence

Multi-agent Robotics Framework (MARF): This is an AI-powered multi-layered architecture that provides a plethora of military applications. It will enable collaboration among the various kinds of robots that the Indian military has already built. Some of these are Snake Robot, Legged Robot, Wheeled Robot with Passive Suspension, Wall-climbing Robot, and Robot Sentry among others.

Unmanned Systems for Military Operation: Artificial Intelligence is helping in developing unmanned military operation systems for the different terrain types of the country. Extensive research is being done in locomotion technologies to achieve a breakthrough in this technology.

Commercial Space

Rivigo: It is a true AI-enabled logistics company in the commercial space. They use AI and ML to prevent fuel pilferages using geofencing techniques and geostatistical modeling. They also use the Internet of Many Things (IoMT) sensors to monitor and analyze human behavior and prevent collisions.

Netradyne: Uses AI and deep learning to ensure driver safety with Driver. It is an assistance and monitoring device with Quad HD cameras, GPS, LTE, gyrometer, accelerometer, and most importantly a deep learning processing unit.

Research in AI fields at ISI, Kolkata

The Machine Intelligence Unit (MIU): The machine intelligence unit, abbreviated as MIU carries out research in various aspects of machine intelligence. It takes into account the advanced technologies like artificial neural networks, fuzzy logic, genetic algorithms, fractal and rough sets, etc. to convey the core concepts of machine learning and pattern recognition for industrial applications.

Currently, the department is developing these technologies individually and in an integrated manner. The objective is to solve various problems in image processing, pattern recognition, data mining, brain modeling, among other applications related to the design of intelligent systems.

The Computer Vision and Pattern Recognition Unit (CVPR): The department is pioneering the development of an Optical Character Recognition system (OCR). The system recognizes the Bangla and Devanagari scripts and performs various functions on these scripts. It performs document tilt correction, word and character segmentation, character recognition, script line, and ultimately error correction. The system functions at 98% accuracy which is outstanding.

If you wish to pursue a career in Artificial Intelligence in the year 2020, upskill with Great Learning’s PG program in Artificial Intelligence and Machine Learning. For more updates, head to our blog page.

[data-bridge]

Europe Fall Detection System Market Growth Focusing on Trends & Innovations During the Period Until 2030

Industry Analysis

Data Bridge Market Research analyses that the fall detection system market was valued at USD 128.53 million in 2022 and is expected to reach the value of USD 203.32 million by 2030, at a CAGR of 5.90% during the forecast period.

Additionally, the credible Europe Fall Detection System Market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for Semiconductors and Electronics industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.

 

 

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Market Insights and Scope            

A fall detection system is an assistive device that is placed on the human’s waist that signals when a fall has occurred. This system can easily sense the person falling by acceleration analysis and then send a short message of the geographic position and fall alarm to caregivers. Thus, the ageing who have fallen can get timely aid to decrease the negative influence such as muscle necrosis, pressure ulcer, and hyperthermia.

An international Europe Fall Detection System Market research report examines competitive companies and manufacturers in the global market. Competitive analysis carried out in this market report puts forth the moves of the key players in the Semiconductors and Electronics industry such as new product launches, expansions, agreements, joint ventures, partnerships, and recent acquisitions. This market report puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. It studies market by product type, applications and growth factors.

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Industry Segmentation

Sensing Modalities

Wearable

Watches

 Necklace

 Clip to Garment

Non-Wearable

Floor Sensors

Wall Sensors

Cameras

 Technology

GPS System

Mobile Phones

Sensors

Product Type

Automatic Fall Detection System

Manual Fall Detection System

Algorithm

Simple Threshold

Machine Learning

Component

Accelerometers and Gyroscopes

Unimodal/Bimodal Sensors

Multimodal Sensors

System

Wearable Systems

Non-Wearable Systems

In-Home Landline System

In-Home Cellular Systems

End-User

Home Care Settings

Hospitals and Senior Assisted Living Facilities

Lone Workers

Others

 

Industry Share Analysis

Some of the major players operating in the fall detection system market are:

Tunstall Group (U.K.)

Koninklijike Phlips N.V. (Netherlands)

ADT (U.S.)

Medical Guardian LLC. (U.S.)

Connect America (U.S.)

SafeGuardian Medical Alarms & Help Alert Systems (U.S.)

Bay Alarm Medical (U.S.)

LifeFone Medical Alert Services (U.S.)

LifeStation, Inc. (U.S.)

ST Engineering (Singapore)

AlertONE Service Inc. (U.S.)

Walgreen Company (U.S.)

Semtech Corporation (U.S.)

Legrand (France)

 

Market Country Level Analysis

The countries covered in the fall detection system market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.

Germany is dominating the Europe fall detection system market region followed by France and U.K. fall detection system market owing to awareness and major consumption in these countries.

An influential Europe Fall Detection System Market research report displays an absolute outline of the market that considers various aspects such as product definition, customary vendor landscape, and market segmentation. Currently, businesses are relying on the diverse segments covered in the market research report to a great extent which gives them better insights to drive the business on the right track. The competitive analysis brings into light a clear insight about the market share analysis and actions of the key industry players. With this info, businesses can successfully make decisions about business strategies to accomplish maximum return on investment (ROI).

 

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Affective Computing Market Share, Growth Prospects and Key Opportunities by 2025

According to a research report "Affective Computing Market Growth by Technology (Touch-based and Touchless), Component (Software (Speech Recognition and Gesture Recognition) and Hardware (Sensors, Cameras, and Storage Devices and Processors)), Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets, the global affective computing market size in the post-COVID-19 scenario is projected to grow from USD 28.6 billion in 2020 to USD 140.0 billion by 2025, at a CAGR of 37.4% during the forecast period. The major factors driving the market include the growing demand for voice-enabled virtual assistants, soaring need to counter fraudulent activities, and enhanced security in the automotive and banking sectors.

Based on technology, the touch-based segment is estimated to lead the market in 2020.

Touch-based technologies play a crucial role in the deployment of affective computing solutions. Most of the affective computing technologies need hardware, such as cameras, sensors, and storage devices, to provide a full-fledged computing solution, which can analyze various facial expressions. It enables users to make certain gestures by either touching the device or through the controller connected to the device.

With most of the developments taking place in the affective computing market, the market for touch-based technologies is expected to increase at a healthy CAGR. Some of the most popular touch- or gesture-based technologies deployed to monitor or detect human gestures include accelerometers, gyroscopes, or a combination of both.

Based on the vertical, healthcare & life sciences sector is estimated to grow at the fastest rate during the forecasted period.

Affective computing technology plays a vital role in the field of medical emergency and healthcare. Companies operating in this market integrate affective computing-related technologies applicable in the healthcare sector by evaluating not only the emotional state of mind but also pain & medical conditions that exhibit themselves through facial cues, such as autism and depression. The technology is a boon to the area of health science, which is now available for detecting the pain felt by people who are unable to express. It is ubiquitously understood that emotions and health have interrelation.

North America is expected to hold the largest affective computing market share during the forecast period.

North America is the largest revenue contributor to the affective computing industry, as the growth in the region is being driven by the rising internet penetration and increasing adoption of cloud-based and IoT applications across verticals. Countries in North America are well-established economies, which enable investments in advanced technologies.

US and Canada have heavily invested in R&D activities, contributing to the growth of new technologies. In addition, massive government funding and a strong technical base help this region for the growth of the affective computing market. The demand for affective computing technologies, such as facial feature extraction, analytics software, and gesture recognition, is increasing across verticals, such as healthcare and life sciences, automotive, government, and defense.

Market Players

The major vendors covered in the affective computing market include Google (US), Microsoft (US), IBM (US), Apple (US), Qualcomm (US), Affectiva (US), Elliptic Labs (Norway), Eyesight Technologies (Israel), Sony Depthsensing Solutions (Belgium), Intel (US), Pyreos (UK), Cognitec Systems (Germany), Beyond Verbal (Israel), GestureTek (Canada), SightCorp (Noord-Holland), CrowdEmotion (UK), Kairos (US), nViso (Switzerland), PointGrab (US), Eyeris (US), Numenta (US).

 About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

[wemresearch]

Exoskeleton Market Growth, Size, Analysis, Outlook by Trends, Opportunities and Forecast to 2030

According to the report published by We Market Research, the Global Exoskeleton Market Size Was Worth USD 499 Million in 2021 and Is Projected to Grow to USD 15227.44 Million by 2030, at a CAGR of 46.2% Over The Forecast Period of 2022 to 2030.

In order to support human joints, a robotic exoskeleton combines human intelligence and mechanical strength. Parkinson's disease, stroke, multiple sclerosis, and cerebral palsy patients can use robotic exoskeletons to assist with their mobility.

To aid patients with mobility issues recover from their wounds and motor function in their partially or completely paralysed lower extremities, the medical exoskeleton was developed. The technologies can enhance biological capabilities, such as orthotics devices that assist people in regaining their mobility. Thus, this wearable device gives patients greater flexibility, stamina, and endurance. Medical exoskeletons improve the quality of life for those with physical limitations such paralysis, spinal cord injuries, neurological illnesses, and elderly people.

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Exoskeleton Market: Segmentation Analysis

Exoskeleton Market based on component • Hardware    o Sensors (gyroscopes, microphones, accelerometers, tilt sensors, force/torque sensors, position sensors, and others    o Actuators (electrical, pneumatic, hydraulic, and piezoelectric)    o Power Sources    o Control Systems    o Other hardware components • Software

The software segment is anticipated to showcase lucrative expansion trends over the forecast duration owing to technologies advancements in the field which in turn will result in the rise of complexities in autonomous operations, artificial intelligence (AI), and inter device connectivity of exoskeletons. These complexities can be managed and assisted efficiently by software rather than hardware. Exoskeleton Market based on Mobility • Mobile • Stationary

The Mobile segment dominated the global market and accounted for the largest revenue share exceeding 60.7%, and also registered the largest volume share of 61.7%. The mobile segment is expected to register the fastest growth over the forecast period. This high share and massive growth is attributed to the growth in R&D activities and boost in demand for motor-equipped robots for helping human body mechanisms. Exoskeleton Market based on Type • Powered • Non Powered

The Powered segment led the Global Exoskeleton market and accounted for more than 74.7% share of the global revenue share and volume share of 67.6%. This high share is attributed to the installation of powered exoskeleton solutions in various industries to boost productivity and enhance personal safety. There are several benefits that have been associated with powered technology products, such as smooth lifting motions, strain reduction on workers' bodies, productivity enhancement, and strength boosting. However, the passive technology segment is anticipated to register substantial growth over the forecast period. Exoskeleton Market based on Application • Healthcare • Defense • Industrial • Others

The healthcare segment has been dominating the Exoskeleton market and held the largest revenue share of 51.3% and volume share of 51.8% in 2021. This high share and volume are attributed to the adoption of these products in the rehabilitation centers, rise in the number of spinal cord injuries (SCIs). Furthermore, rising cognizance towards technological advancement system and growth in a number of regulatory approvals. Exoskeleton Market based on Body Part • Lower Extremities • Upper Extremities • Full Body

The lower extremities segment is expected to capture significant market share over the stipulated timeline owing to the fact that the most common mobility issues are related to the lower part of the body. Hence, lower-body exoskeletons are widely adopted across the healthcare sector. Exoskeleton Market based on Treatment Type • Rehabilitation • Augmentation

Top Key Players:-

Hocoma

Bionik Laboratories Corp.

ExoAtlet Lockheed Martin Corporation

Suit X

Rex Bionics Plc.

RB3D

ReWalk Robotics Ltd

Cyberdyne, Inc.

ActiveLink (Panasonic Corporation)

Parker Hannifin (US),

TEMIA Inc

Bioventus

Wearable Robotics SRL

Gogoa Mobility Robots SL

Meditouch

P&S Mechanics

Marsi Bionics

Rehab Robotics

Myomo

Focal Meditech

Honda Motors

Wandercraft

BAMA Teknoloji

Medexo Robotics

Fourier Intelligence

TWIICE

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Smart Glove Market Size to Grow at a CAGR of 9.6% During the Forecast Period 2021-2026

The Smart Glove Market size is analyzed to grow at a CAGR of 9.6% during the forecast 2021-2026 to reach $4.67 billion by 2026. Smart Glove is considered as a wide range of Sensor technology gloves for advanced and customized solutions, such as hand protection, high-tech rehab device and other assistive device services. The Smart Gloves are designed electronic devices with microcontrollers to offer avant-garde opportunities for various kinds of application suitable to the business requirements, including industrial grade gloves and medical grade gloves, and thus, contribute to the Smart Glove market growth. The rapid prominence of the Internet of Things (IoT), artificial intelligence and connected devices, along with the increasing innovations in wearable health devices, smart personal protective equipment, integrated with GPS, wireless communication features and in-built voice assistance have supported the Smart Glove Industry development successfully. In fact, the growth of the market is also observed due to the growing advancement of the Bluetooth chip, flex sensors, microcontroller, and accelerometer. Furthermore, the progression of microencapsulation and nanotechnology pave the way for sensor technology which offers lucrative growth possibilities. The influx of brands like Samsung, Apple, and Fossil are broadening the functionalities, which further promotes Smart Glove Market.

Smart Glove Market Segment Analysis – By Industry Verticals

By Industry Verticals, the Smart Glove Market is segmented into Pharmaceuticals & Healthcare, Food & Beverages, Enterprise and Industrial, Consumer Electronics and others. The Enterprise and Industrial segment held the major share of 37% in 2020, owing to the propensity for cutting-edge products and significant investment to pursue radical evolutions in commercial applications. In order to address the growing requirement of several end users across automotive, oil & gas, manufacturing and logistics, customizable smart gloves with built-in scanners are introduced for more effective operations. In April 2019, the manufacturer of a smart, wearable technology, ProGlove, unveiled its MARK 2 to a U.S. audience ProMat in Chicago. The new MARK 2 enables the user to scan up to 5 feet away from a device and can connect to a corporate network via Bluetooth Low Energy (BLE), with up to 15-hour charge battery. ProGlove provides hands-free scanning solutions across a number of industries, and thus, in September 2020, Panasonic announced a partnership with ProGlove, to combine the mobile computing solutions of the two companies in order to offer rugged, innovative and user-friendly wireless barcode scanners. The strategic collaboration is also formulated to deliver seamless as-a-stand-alone scanning solution with an embedded Panasonic’s voice picking solutions for the warehouse operations, supply chain, and inventory checking. Therefore, the growing demand of integrated gesture sensor solutions for dynamic workstations, and a more efficient working environment accelerated the demand of Smart Glove Market.

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Smart Glove Market Segment Analysis – By Geography

Asia Pacific is estimated to hold the highest share of 40% in 2020, followed by North America in Smart Glove Market. The early adoption of IoT, large scale implementation of a wide range of ubiquitous systems, such as wearable computing and sensor technology across the several business verticals, along with the growing interest of consumers towards ‘sensorized’ fitness wearable devices are estimated to drive the market in these regions. Furthermore, numerous research investments propel the innovations of soft and stretchable electronics design that propel a competitive edge to smart wearable solutions. In January 2021, HaptX Inc. announced the release of HaptX Gloves DK2. The HaptX Gloves DK2 is an upgraded design and the world's most advanced haptic feedback gloves, which deliver unprecedented realism, with more than 130 points of tactile feedback per hand. These gloves have astoundingly real-life superpowers with VR, XR, and robotics technologies to meet the demand of various enterprises for quality requirements. Hence, the promising demand of industrial wearable and other smart personal protective equipment in these regions are estimated to drive the Smart Glove Market.

Smart Glove Market Drivers

Growing prominence of healthcare wearable

The growing demand of wearable medical devices owing to the increasing awareness on fitness and a healthy lifestyle along with prominence of connected devices in Healthcare, contribute to the growth of Smart Glove Market. Moreover, the rise of high-tech devices to usher clinical-grade wearable with 3G and 4G connection led to various viable solutions. In July 2020, UCLA bioengineers designed a glove-like device that can translate American Sign Language (ASL) into English speech in real time through a smartphone app. The entire system is integrated upon a pair of gloves with thin, stretchable sensors to translate hand gestures into spoken words. Hence, the sizable demand of personalized care, specific health issue monitoring devices and user-friendly, compact medical wearable propelled the growth of the Smart Glove Market.

Advancements in consumer electronics

The advancements in consumer electronics with a wide range of technical advantages, including touch sensitive features and miniature designs, resulted into the growth of Smart Glove Market. The advent of digitalization and latest development in sensor technology to enhance user performances is further driving the market. In April 2019, British music tech company Mi.Mu, founded by Grammy award-winning artist Imogen Heap announced the release of newly designed Mi.Mu gloves, allowing artists to map hand gestures to music software. The new gloves of Mi.Mu are durable with a removable battery system that offers artists complete control over their musical performances. Moreover, the breakthrough innovation in microfibre sensor technology offers strain sensing capabilities that provides gesture-based control. In August 2020, A team of researchers from the National University of Singapore (NUS), led by Professor Lim Chwee Teck, developed a smart glove, known as 'InfinityGloveTM', which enables users to mimic numerable in-game controls using simple hand gestures. Therefore, the launch of sophisticated wearable electronics products, extensive glove's capabilities and rising usage of convenient-to-use devices are some of the factors that are estimated to drive the Smart Glove Market.

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Smart Glove Market Challenge

High price of Smart Glove solution

The market of Smart Glove is expanding due to the significant technologies development, using the amalgamation of sensing and feedback operation to denote smarter systems. Thus, the commercially available devices, pertaining to smart glove features are prominently expensive, which is a major constraint that demotivated the rapid adoption. Thus, factors such as less sensible investment and unobtainability of some of the latest smart gloves technology around some regions  due to high cost are likely to restrict the Smart Glove Market.

Market Landscape

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the Smart Glove Market. The Smart Glove Market top 10 companies include Apple Inc, Flint Rehab, Haptx, Lab Brother Llc, Maze Exclusive, Neofect, Samsung Electronics Co Ltd, Seekas Technology Co., Ltd, Vandrico Solution Inc, ProGlove, Workaround Gmbh and among others

Acquisitions/Technology Launches/Partnerships

In December 2019, HaptX, the leading provider of realistic haptic technology announced the partnership with Advanced Input Systems along with a Series A financing round of $12 million. This acquisition provides a great opportunity for HaptX as they can finance the production of the next generation of HaptX Gloves, which represents the world’s most realistic gloves for virtual reality and robotics, coupled with product development, manufacturing, and go-to-market collaboration.

In November 2019, Ansell Limited, a leading provider of safety solutions, announced a partnership with ProGlove, a renowned industrial wearable manufacturer.  The acquisition is formed to deliver advanced hand protection solutions to ensure the personal protective equipment (PPE) compliance in the workplace.

Key Takeaways

The growing demand of wearable medical devices owing to the increasing awareness on fitness and a healthy lifestyle along with prominence of connected devices in Healthcare, contribute to the growth.

Asia Pacific is estimated to hold the highest share of 40% in 2020, followed by North America, owing to the significant adoption of IoT, large scale implementation of a wide range of ubiquitous systems, such as wearable computing and sensor technology across the several business verticals.

The advancements in consumer electronics with a wide range of technical advantages, including touch sensitive features and miniature designs, resulted into the market growth.

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A. Wrist Wearable Devices Market

https://www.industryarc.com/Report/167/wrist-wearable-devices-market-analysis-and-forecast.html

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“Nanoelectromechanical Systems Market” report provides a detailed analysis of global market size, regional and country-level market size, segmentation, market growth, market share, and competitive landscape.