Major Players - Wearable Sensor Industry

Jul, 2023 - by CMI

Major Players - Wearable Sensor Industry

The sensors device processes according to the surrounding environment and it is implemented on the wearable device to monitor body activities, which include, heart rate, body temperature, and blood pressure. Wearable sensors market is expected to show a significant growth over the forecast period, owing to the demand for wearable sensor devices in various applications such as healthcare, lifestyle, fitness, and security. Moreover, recent advancements in telecommunication, data analysis, sensor manufacturing, and microelectronics are providing opportunities for adoption of wearable sensors in the digital health environment. Additionally, in the healthcare industry, wearable sensors are used for monitoring patient’s conditions. These devices are also used in sports, military, and entertainment. For instance, Apple watch is a wearable device, which includes microphone, accelerometer, and a pulse sensor. Wearable sensors are integrated into garments, watches, eye-glasses, and smartphones, which is fueling the growth of the Wearable Sensor Market.                                                                                                                                  

 Prominent Companies in the Wearable Sensor Industry:

1. Google

Cochlear Limited founded in 1998 and its headquarters California, United States. The company operates in 170 countries. In 2021 Google in collaboration with Novartis. A number of smart wearables have been introduced in the market for ECG monitoring of ECG.

2. Panasonic Corporation

Panasonic Corporation founded in 1918, and its Headquarters located in Kadoma, Osaka, Japan. The company operates in 42 nations.

3 Freescale Semiconductor

Freescale Semiconductor was launch in 2004 and it’s headquarter located Texas, United States.it operate over 50 country. In 2018 NXP Semiconductors acquired Freescale for USD 11.8 billion. Recent Developments

4 Fossil Groups

Fossil Groupsc was launch in 1984 and it’s headquarter Texas, United States.it operate over 20 country. In 2021 AliveCor, the global leader in FDA-cleared personal electrocardiogram (ECG) technology and services.

5 Facebook

Facebook was founded 2004 with its headquarters in Menlo Park, California. With businesses in over 150+ countries.

6 Amazon

Amazon.com founded in 1865, with its headquarters in Seattle, Washington, United States.With businesses in over 100+ countries

7 Apple

Apple  founded in 1976 and it’s headquarter located California, United States.It operate over 26 country.

Definition- Wearable sensors are the devices that collect information about biological and physical properties of body and environment by the sensors present in wearable devices.

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