Dec 1 2012
Research and Markets has announced the addition of the "Global Wearable Wireless Sensor Market 2011-2015" report to their offering.
TechNavio's analysts forecast the Global Wearable Wireless Sensor market to grow at a CAGR of 110 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing focus on measurement and monitoring. The Global Wearable Wireless Sensor market has also been witnessing the preference for low-power wireless technology. However, the reduced clinician and patient acceptance could pose a challenge to the growth of this market.
The key vendors dominating this market space are Shimmer Research, BodyMedia Inc., mc10 Inc.
The other vendors mentioned in the report are Altan Technologies, Connected Health, Digi, Microstrain, ZEO-Altan Technologies, and Zephyr Technologies.
Commenting on the report, an analyst from TechNavio's Hardware team said: The Global Wearable Wireless Sensor market is in the initial growth stage and has a strong market potential to grow in the future. Currently, there are large investments happening in R&D to suit the next-generation wearable wireless sensor devices. The market is experiencing intense growth opportunities, and several original equipment manufacturers (OEMs) are looking to integrate backwards. This results in the emergence of new vendors in addition to core wearable wireless sensors and wireless sensors manufacturers. This trend is expected to have a strong impact on the market in both the short and long term.
According to the report, the growth of this market is expected to come from the increasing demand for measurement and monitoring devices for almost every human action. The focus of these sensors and devices loaded with these sensors is on the Sports and Fitness segment, Professional Healthcare segment, and Home Healthcare segment The Sports and Fitness segment, in particular, has a high demand for devices based on wearable wireless sensors worldwide.
Source: http://www.researchandmarkets.com