The global wearable sensors market is set to reach USD 4.0 billion by 2024, witnessing a CAGR of 32.4% during the forecast period. Increasing the advancement of wearable sensing, wireless communication techniques, high performing processing systems and low consumption of energy are the major factors that are bolstering the growth of the global wearable sensors market. Wearable sensors are helping the users in monitoring blood pressure, heartbreak, respiratory rate and fever along with falling, drowning and sleeping.

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Market Segmentation
On the basis of type, the global wearable sensors market is segmented into medical based sensors, image sensors, motion sensors, pressure sensors, position sensors, inertial sensors and others. Among different types of wearable sensors, motion sensors hold the largest share in the wearable sensors market, globally. The category is expected to witness a CAGR of 33.1% during the forecast period, since it is helping the business enterprises in generating enhanced output and provide extensive precision while monitoring and tracking activities of users.

Geographic Overview
Geographically, wearable sensors market in Asia-Pacific is expected to witness the fastest growth during the forecast period since OEMs are creating considerable support towards the enlargement of IMUs (inertial measurement unit) and MEMS (micro electro mechanical systems) technology that is helping various business organizations in assigning lower prices to the newly developed products from them. Moreover, it has been observed that there are several key players in Japan and China that are extensively investing towards the development and advancement of sensors that are pertaining towards the increasing demand of health and fitness tracking systems.

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Competitive Insight
The market structure for global wearable sensors market is consolidated structure and the key players operating in the wearable sensors market include InvenSense, Inc., NXP Semiconductors, Panasonic Corporation, Robert Bosch GmbH, STMicroelectronics, Texas Instruments Incorporated, KIONIX, INC. (ROHM Co., Ltd.), Measurement Specialties, Inc., Analog Devices, Inc., ZOLL Medical Corporation (Asahi Kasei Corporation), Freescale Semiconductor, Inc. and Infineon Technologies AG.

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