The primary factors responsible for the leading growth of the global wearable sensors market include rise in usage of biosensors; increasing adoption of wireless sensing and continuous monitoring devices with the advent of technological platforms such as internet of things (IoT), virtual reality (VR) and augmented reality (AR); and surge in demand of compact and cost-effective sensors.

Based on type, the wearable sensors market is fragmented into medical based sensors, image sensors, motion sensors, pressure sensors, position sensors, inertial sensors and others.

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During the forecast period, it is expected that the largest application area of wearable sensors will be bodywear. The incorporation of bodywear sensors across healthcare, electronic, and commercial industries is expected for the faster growth of the category during the forecast period.

Asia-Pacific is expected to project the fastest growth in the wearable sensors industry during the forecast period. The increasing number of original equipment manufacturer (OEMs) across the region that focus on the development of cost-effective sensors using IMUs (inertial measurement unit) and MEMS (micro electro mechanical systems) technology is primarily driving the growth of wearable sensors market in APAC.

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Some of the leading players in the wearable sensors industry include InvenSense, Inc., NXP Semiconductors N.V., Panasonic Corporation, Robert Bosch GmbH, STMicroelectronics N.V., Texas Instruments Incorporated, KIONIX, Inc. (ROHM Co., Ltd.), TE Connectivity Ltd., Analog Devices, Inc., ZOLL Medical Corporation (Asahi Kasei Corporation), and Infineon Technologies AG.

Source: VynZ Research