The Europe Accelerometer Medical Sensors Market should witness market growth of 12.6% CAGR during the forecast period (2022-2028).
People's awareness of their health has grown, so has the desire for low-cost, simple-to-use home-based accelerometer medical sensors. Also, it is anticipated that the number of people who record and track data pertaining to their medical practices will increase during the projection period. The rising proportion of people suffering from diabetes has increased.Hence, developments like 'Diabetes Pal,'an app designed exclusively for persons with type 2 diabetes, is available for mobile devices to track and monitor diabetes.
It allows users to instantly evaluate their blood glucose data from their diabetes meter through Bluetooth or manually insert the glucose readings into the app. Moreover, smart electronic gadgets like fitness bands and activity trackers contain accelerometer medical sensor devices worn near or on the skin. They may detect or analyze data related to human activity, including blood pressure, body motions, heart rate,and many other things. As a result, the collection of human health information for data-driven research in the domain of health informatics has increased because of wearable medical sensor technologies.
The healthcare systems in Europe benefit from being heavily centralized and supported by the public sector. Therefore, they are in a good position to gain from digital health initiatives centered on the safe gathering, storage, and analysis of data from numerous patients utilizing wearables and other portable monitoring devices. For example, Estonia in Eastern Europe is transforming into an e-health nation where information from wearables, as well as other monitoring devices, is used to raise healthcare standards. Hence, the rapid implementation of data from medical sensors in primary healthcare information has increased the acceptance of wearable and non-wearable medical sensors in the region. This is beneficial for expanding the accelerometer medical sensors market in the region.
The Germany market dominated the Europe Accelerometer Medical Sensors Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $486.6 Million by 2028. The UK market is estimated to grow a CAGR of 11.7% during (2022-2028). Additionally, The France market would experience a CAGR of 13.5% during (2022-2028).
Based on Product, the market is segmented into Wearable and Non-wearable. Based on End-Use, the market is segmented into Hospital & Clinics and Others. Based on Application, the market is segmented into Chronic illness & Risk-monitoring, Wellness Monitoring, In hospital clinical Monitoring, Sensor Therapeutics, and Post-acute Care Monitoring. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fitbit, Inc (Google LLC), Analog Devices, Inc., Koninklijke Philips N.V., ResMed, Inc., Compumedics Limited, Garmin Ltd., Aetna, Inc. (CVS Pharmacy, Inc.), BMC Medical Co., Ltd., and SOMNOmedics GmbH.
People's awareness of their health has grown, so has the desire for low-cost, simple-to-use home-based accelerometer medical sensors. Also, it is anticipated that the number of people who record and track data pertaining to their medical practices will increase during the projection period. The rising proportion of people suffering from diabetes has increased.Hence, developments like 'Diabetes Pal,'an app designed exclusively for persons with type 2 diabetes, is available for mobile devices to track and monitor diabetes.
It allows users to instantly evaluate their blood glucose data from their diabetes meter through Bluetooth or manually insert the glucose readings into the app. Moreover, smart electronic gadgets like fitness bands and activity trackers contain accelerometer medical sensor devices worn near or on the skin. They may detect or analyze data related to human activity, including blood pressure, body motions, heart rate,and many other things. As a result, the collection of human health information for data-driven research in the domain of health informatics has increased because of wearable medical sensor technologies.
The healthcare systems in Europe benefit from being heavily centralized and supported by the public sector. Therefore, they are in a good position to gain from digital health initiatives centered on the safe gathering, storage, and analysis of data from numerous patients utilizing wearables and other portable monitoring devices. For example, Estonia in Eastern Europe is transforming into an e-health nation where information from wearables, as well as other monitoring devices, is used to raise healthcare standards. Hence, the rapid implementation of data from medical sensors in primary healthcare information has increased the acceptance of wearable and non-wearable medical sensors in the region. This is beneficial for expanding the accelerometer medical sensors market in the region.
The Germany market dominated the Europe Accelerometer Medical Sensors Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $486.6 Million by 2028. The UK market is estimated to grow a CAGR of 11.7% during (2022-2028). Additionally, The France market would experience a CAGR of 13.5% during (2022-2028).
Based on Product, the market is segmented into Wearable and Non-wearable. Based on End-Use, the market is segmented into Hospital & Clinics and Others. Based on Application, the market is segmented into Chronic illness & Risk-monitoring, Wellness Monitoring, In hospital clinical Monitoring, Sensor Therapeutics, and Post-acute Care Monitoring. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fitbit, Inc (Google LLC), Analog Devices, Inc., Koninklijke Philips N.V., ResMed, Inc., Compumedics Limited, Garmin Ltd., Aetna, Inc. (CVS Pharmacy, Inc.), BMC Medical Co., Ltd., and SOMNOmedics GmbH.
Scope of the Study
By Product
- Wearable
- Non-wearable
By End-use
- Hospital & Clinics
- Others
By Application
- Chronic illness & Risk-monitoring
- Wellness Monitoring
- In hospital clinical Monitoring
- Sensor Therapeutics
- Post-acute Care Monitoring
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Fitbit, Inc (Google LLC)
- Analog Devices, Inc.
- Koninklijke Philips N.V.
- ResMed, Inc.
- Compumedics Limited
- Garmin Ltd.
- Aetna, Inc. (CVS Pharmacy, Inc.)
- BMC Medical Co., Ltd.
- SOMNOmedics GmbH
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- Exhaustive coverage
- The highest number of Market tables and figures
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Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Accelerometer Medical Sensors Market, by Product
1.4.2 Europe Accelerometer Medical Sensors Market, by End-use
1.4.3 Europe Accelerometer Medical Sensors Market, by Application
1.4.4 Europe Accelerometer Medical Sensors Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Accelerometer Medical Sensors Market by Product
3.1 Europe Wearable Market by Country
3.2 Europe Non-wearable Market by Country
Chapter 4. Europe Accelerometer Medical Sensors Market by End-use
4.1 Europe Hospital & Clinics Market by Country
4.2 Europe Others Market by Country
Chapter 5. Europe Accelerometer Medical Sensors Market by Application
5.1 Europe Chronic illness & Risk-monitoring Market by Country
5.2 Europe Wellness Monitoring Market by Country
5.3 Europe In hospital clinical Monitoring Market by Country
5.4 Europe Sensor Therapeutics Market by Country
5.5 Europe Post-acute Care Monitoring Market by Country
Chapter 6. Europe Accelerometer Medical Sensors Market by Country
6.1 Germany Accelerometer Medical Sensors Market
6.1.1 Germany Accelerometer Medical Sensors Market by Product
6.1.2 Germany Accelerometer Medical Sensors Market by End-use
6.1.3 Germany Accelerometer Medical Sensors Market by Application
6.2 UK Accelerometer Medical Sensors Market
6.2.1 UK Accelerometer Medical Sensors Market by Product
6.2.2 UK Accelerometer Medical Sensors Market by End-use
6.2.3 UK Accelerometer Medical Sensors Market by Application
6.3 France Accelerometer Medical Sensors Market
6.3.1 France Accelerometer Medical Sensors Market by Product
6.3.2 France Accelerometer Medical Sensors Market by End-use
6.3.3 France Accelerometer Medical Sensors Market by Application
6.4 Russia Accelerometer Medical Sensors Market
6.4.1 Russia Accelerometer Medical Sensors Market by Product
6.4.2 Russia Accelerometer Medical Sensors Market by End-use
6.4.3 Russia Accelerometer Medical Sensors Market by Application
6.5 Spain Accelerometer Medical Sensors Market
6.5.1 Spain Accelerometer Medical Sensors Market by Product
6.5.2 Spain Accelerometer Medical Sensors Market by End-use
6.5.3 Spain Accelerometer Medical Sensors Market by Application
6.6 Italy Accelerometer Medical Sensors Market
6.6.1 Italy Accelerometer Medical Sensors Market by Product
6.6.2 Italy Accelerometer Medical Sensors Market by End-use
6.6.3 Italy Accelerometer Medical Sensors Market by Application
6.7 Rest of Europe Accelerometer Medical Sensors Market
6.7.1 Rest of Europe Accelerometer Medical Sensors Market by Product
6.7.2 Rest of Europe Accelerometer Medical Sensors Market by End-use
6.7.3 Rest of Europe Accelerometer Medical Sensors Market by Application
Chapter 7. Company Profiles
7.1 Fitbit, Inc (Google LLC)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 Analog Devices, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 Koninklijke Philips N.V.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.4 ResMed, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.5 Compumedics Limited
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expenses
7.6 Garmin Ltd.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.7 Aetna, Inc. (CVS Pharmacy, Inc.)
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.7.2.2 Product Launches and Product Expansions:
7.8 BMC Medical Co., Ltd.
7.8.1 Company Overview
7.9 SOMNOmedics GmbH
7.9.1 Company Overview
Companies Mentioned
- Fitbit, Inc (Google LLC)
- Analog Devices, Inc.
- Koninklijke Philips N.V.
- ResMed, Inc.
- Compumedics Limited
- Garmin Ltd.
- Aetna, Inc. (CVS Pharmacy, Inc.)
- BMC Medical Co., Ltd.
- SOMNOmedics GmbH
Methodology
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