Temperature monitors and wearable patches are fundamentally used to give remote observance to physicians. Besides, wearable temperature sensors have a wide range of applications in clinical, mechanical, and infotainment purposes. However, the prime growth driver for the body-worn temperature sensors market is the growing health-consciousness among informed individuals.

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There is a gaping opportunity for new contestants to rise in the global body-worn temperature sensors market. New players in the business sector are required to produce substitute wearable gadgets at lower cost. Considering these positive variables, the demand for wearable temperature sensors is set to ascend in the forecast period, i.e. from 2014 to 2020.The global body-worn temperature sensors market was valued at US$7 million in 2013 and is estimated to grow at a CAGR of 45.7% in the forecast horizon to reach US$93.4 million by 2020.

Healthcare and Manufacturing Segment: Leading Consumers in the Market

The global body-worn temperature sensors market is divided into ten segments, based on end users: retail, trade, manufacturing and transportation, government and public utilities, media and entertainment, healthcare, banking and financial services, information technology, telecommunication, and others (including pharmaceutical). Healthcare and manufacturing sectors are the significant consumers of body-worn temperature sensors and are emphatically affecting development of this market.

In the manufacturing segment, body-worn temperature sensors are used in working environments where specialists need to work under high-temperature conditions. Hyperthermia is a serious health condition created by high exposure to heat and dehydration. Body-worn temperature sensors are utilized under these circumstances to screen and manage the physical exertion of laborers. An increment in the incidence of chronic diseases has likewise prompted an increased demand for these sensors from the healthcare segment.

Expanding mindfulness for newborn child care and rising innovative incorporation in human services is driving the market for body-worn temperature sensors. Continuous glucose monitors are the biggest application for body-worn temperature sensors in the healthcare and medical sector. Some work is required on the infotainment segment to develop, due to the combined effect of the development of gaming and popularity of cutting-edge innovations such as smart glasses.


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Body-Worn Temperature Sensors: Applications

Body-worn temperature sensors constantly screen wellness parameters such as body temperature and pulse rate. Temperature sensors are embedded in wearable contraptions. The growth trajectory of the global body-worn temperature sensors market is determined by factors such as expanding wellbeing awareness, minimal outline and multi-usefulness of the sensors, and expanding use of temperature sensors across various application segments. They help reduce hospital bills for patients, by reducing checkup costs and allowing self-diagnosis and monitoring.

Because of expanded interest for wearable technology and further innovative advancement of the body-worn temperature sensors, the applications of body-worn sensors are expected to expand and strengthen in the forecast period. Another variable driving the development of the body-worn temperature sensors business is the compact structure of body-worn temperature sensors. Increasing stress about chronic illnesses coupled with the rising business sector infiltration of body-worn temperature sensors utilized as a part of the human services section are representing the quick development of this business sector.

The global body-worn temperature sensors market has been comprehensively segmented into four regional segments: North America, Europe, Asia Pacific and RoW (Rest of the World). On the basis of both revenue and volume, North America took up the biggest share of the global market in 2013, accounting for 42.2% of the overall industry on the basis of revenue and 40.6% on the basis of volume.

The prime players in the body-worn temperature sensors business are STMicroelectronics N.V. (Switzerland), Analog Devices Inc (Norwood, USA), Maxim Integrated Products Inc (San Jose, USA), Texas Instruments Inc (Texas, USA) and Measurement Specialties Inc (Hampton, USA) among others.

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