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Global asthma warning sensors market is expected to show robust growth with an impressive CAGR in the forecast period, 2017-2027 on the account of rapidly increasing instances of asthma among the population. The need to monitor asthma cases and conditions in the population to avoid attacks and related morbidity is driving the growth of the global asthma warning sensors market in the upcoming five years. Moreover, depleting environmental conditions and increasing pollution ratios are further supporting the growth of the global asthma warning sensors market in the next five years. Additionally, technological advancements in the health care system have led to the development of digital devices that alert patients of a possible asthma attack. These monitoring devices have the ability to monitor adherence, as well as it provides access to data so that it can be used to create alerts and information for the doctors and experts who are monitoring the patients. These advanced features of the asthma warning sensors are further substantiating the growth of the global asthma warning sensors market in the future five years.
Asthma warning sensors are a kind of connected inhalers that uses various technology like bluetooth sensors that is attached to detect medication use and share the data with physicians, may promote adherence to recommended controller medication use and proactively detect worsening of asthma symptoms. These devices specifically measure the pollutants that can set-off asthma attacks and warn people with asthma for probable attacks or worsening breathing conditions.
The global asthma warning sensors market is segmented by type, technology, parameter measured, end user, competitional landscape, and regional distribution. Based on type, the market is further segmented into wearable and non-wearable. Wearable sensors are anticipated to hold the fastest growing CAGR value in the upcoming five years on the account of surging demand for the movable and wearable medical devices. These devices can keep a consistent and regular checks over the patient condition and prospective warning signs thus aiding the growth of the global asthma warning sensors market in the next five years. Non-wearable sensors are expected to hold the largest revenue shares of the market and dominate the market segment in the future five years due to consistent demand from the asthma patients. Moreover, increasing instances and rapidly increasing cases of asthma is also driving the growth of the global asthma warning sensors market in the forecast period.
Holding the major shares of the global asthma warning sensors market are AT&T Inc., Siemens Healthineers AG, Sparo Labs, Reciprocal Labs Corporation (Propeller Health), AlerSense Inc., among others. Market players are actively involved in the research and technological development in the product developments. The advanced technology has made it possible for the industry to provide excellent services through Asthma warning sensors. Further advancement would aid the market value and brand establishment in the future five years. New market players may focus on the research and development to provide options that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
Objective of the Study:
- To analyze the historical growth of the market size of global asthma warning sensors market from 2017 to 2020.
- To estimate and forecast the market size of global asthma warning sensors market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global asthma warning sensors market based on type, technology, parameter measured, end user, competitional landscape, and regional distribution.
- To identify dominant region or segment in the global asthma warning sensors market.
- To identify drivers and challenges for global asthma warning sensors market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global asthma warning sensors market.
- To identify and analyze the profile of leading players operating in global asthma warning sensors market.
- To identify key sustainable strategies adopted by market players in global asthma warning sensors market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers, suppliers, and distributors across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufactures and service providers which could not be identified due to the limitations of secondary research. The publisher analyzed the manufactures, distribution channels and presence of all major players across the country.
The publisher calculated the market size of global asthma warning sensors market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Manufacturers, service providers, end users, and other stakeholders
- Distributors and suppliers of products & services and other stakeholders
- Organizations, forums, and alliances related to asthma warning sensors
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, service providers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global asthma warning sensors market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Asthma Warning Sensors Market, By Type:
- Wearable
- Non-Wearable
Asthma Warning Sensors Market, By Technology:
- AI
- IoT
- Machine Learning
- Others
Asthma Warning Sensors Market, By Parameter Measured:
- FEV1
- Peak Flow
Asthma Warning Sensors Market, By End User:
- Hospitals & Clinics
- Homecare
Asthma Warning Sensors Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Nigeria
- Kuwait
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global asthma warning sensors market.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.
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Table of Contents
1. Product Overview2. Research Methodology3. Impact of COVID-19 on Global Asthma Warning Sensors Market4. Executive Summary
Companies Mentioned
- AT&T Inc.
- Siemens Healthineers AG
- Sparo Labs
- Reciprocal Labs Corporation (Propeller Health)
- AlerSense Inc.
