The global mobile health and fitness sensor market is expected to grow at a CAGR of 17% by 2025


   April 7, 2021
According to a new market report by Lucintel, the future of the global mobile health and fitness sensor market looks promising with opportunities in the consumer electronics, healthcare, and others. The global mobile health and fitness sensor market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected to grow with a CAGR of 17% from 2020 to 2025. The major growth drivers for this market are several advanced technologies adopted in the medical sector, such as wearable technology, health, and wireless sensor network, and increasing proliferation of smart devices.

To download report brochure, please go to www.lucintel.com/mobile-health-and-fitness-sensor-market.aspx and click "download brochure" tab from the menu.

In this market, consumer electronics, healthcare, and others are the major end use industries. Lucintel forecasts that consumer electronics will remain the largest end use industry, and it is expected to witness the highest growth over the forecast period due to growing usage of consumer healthcare devices, which will drive the mobile health and fitness sensor market.

Within the mobile health and fitness sensor market, wearable devices will remain the largest application segment, and it is expected to witness the highest growth over the forecast period due to increasing demand for wearable devices, such as smart watches, glucometers, and wrist pressure monitors.

North America will remain the largest region, and it is expected to witness the highest growth over the forecast period due to heavy investments and legislative initiatives on wireless technology in countries, such as the U.S. and Canada.

Abbott Laboratories, Honeywell International, OMRON, Philips Healthcare, GE Healthcare, Medtronic, Analog Devices, and Johnson & Johnson are among the major manufacturers of the mobile health and fitness sensor market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global mobile health and fitness sensor market by product type, application, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Mobile Health and Fitness Sensor Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global mobile health and fitness sensor market product type, application, end use industry, and region as follows:

By Product Type [$M shipment analysis for 2014 – 2025]:



  • Chemical and Gas Sensor


  • Image Sensor


  • Optical Sensor


  • Pressure Sensor


  • Others


By End Use Industry [$M shipment analysis for 2014 – 2025]:



  • Consumer Electronics


  • Healthcare


  • Others


By Application [$M shipment analysis for 2014 – 2025]:



  • Wearable Devices


  • Others


By Region [$M shipment analysis for 2014 – 2025]:



  • North America


    • United States


    • Canada


    • Mexico




  • Europe


    • Germany


    • UK


    • Italy




  • Asia Pacific


    • China


    • Japan


    • India


    • South Korea




  • Rest of the World


 

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.



About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.


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