The body area network market is projected to grow at a CAGR 10.09% rate during the forecast period.

Increased use of smart devices for tracking physical fitness and its availability at low-cost, rapid advancements in medical devices and communication technologies, supportive government and hospital initiatives to promote digital healthcare are some of the driving factors of the market.Wearable devices is expected to grow at the highest CAGR during the forecast period. Wearable devices for the body area network mainly includes smart bands, smartwatches, and smart earphones. The rapid adoption of smartwatches and smart bands in sports and fitness applications across various countries is accelerating market growth for wearable devices. Apple, Fitbit, Samsung, Fossil, Garmin, Huawei, and Xiaomi are among the few companies that offer smartwatches and smart bands, while companies such as Bragi and GN Group offer smart earphones.

Application processors and memory modules expected to lead the market during the forecast period. The use of an application processor for combining data from multiple sensors, whether internal or external, where the received information is processed, and then the corrective action is taken. Increasing multimedia features in wearable devices such as smartwatches is accelerating the need for additional internal memory.
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4. Executive Summary

5. Body Area Network Market, By Device Type
Wearable Devices
Smart bands
Smartwatches
Smart earphones
Implantable devices

6. Body Area Network Market, By Component
Displays
Application processors and memory modules, and pulse generators
Electro mechanicals
Communication and interface components
Power management units
Sensors

7. Body Area Network Market, By Application
Medical
Fitness
Sports
Security
Military

8. Body Area Network Market, By Region
North America
US
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia Pacific
Japan
China
South Korea
India
Rest of APAC
Rest of the World
South America
Middle East and Africa
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