IDTechEx Forecast the Diversifying Wearable Sensors Market to Reach US$7.2B by 2035

BOSTON, MANGILAO / ACCESSWIRE / December 11, 2024 / Wearable sensors are fundamental to continuous monitoring of health, fitness, and wellness - as well as at the core of innovations for next generation human machine interface, industrial IoT and extended reality. As applications for wearable technology grow, there are increasing opportunities for sensors that can detect more advanced metrics, be integrated into novel form-factors, offer enhanced performance or demand less power and space.

Based on over a decade of research, the recent report "Wearable Sensors Market 2025-2035", from market intelligence firm IDTechEx provides insight into how wearable sensors could be integrated into society long term, and forecasts the market to reach US$7.2 billion by 2035.

Author of the report, Senior Technology Analyst Dr Tess Skyrme, advises: "Despite its origin in simple step counting, the market for wearable sensors is expanding into the more complex arena of health monitoring. Innovations in wearable sensor technology are expanding the envelope of biometrics accessible through watches and skin patches, addressing the rising demand for remote patient monitoring and decentralized clinical trials but also increasing consumer expectations."

Motion sensing hardware is well established, with accelerometers integrated into almost every wearable. Therefore, as profit margins for manufacturers diminish with commoditization, expanding the application space, or reducing sensor footprint and cost to retain market share, is crucial.

Conductive materials are integral to wearable technology, enabling a wide array of sensors. These range from wet electrodes for heart monitoring to microneedles in skin patches that track muscle movements. This creates a broad application space for electrodes ranging from vital sign monitoring and sleep analysis for healthcare to emotional response and stress monitoring for marketing and productivity. In recent years the potential for novel human machine interfacing, and even brain computer interfacing, has put wearable electrode solutions further into the spotlight.

Chemical sensors are increasingly enabling diabetics to monitor their glucose levels without finger pricks. Continuous glucose monitors (CGMs) have hugely disrupted the type-1 diabetes management market, and now the technology providers are set on expanding into type-2 and even mass consumer markets.

Overall, the landscape of technologies within the wearable sensor market is diversifying with opportunities for innovation and disruption for both established and new sensors. Find out more at www.IDTechEx.com/WTSensors.

About IDTechEx

IDTechEx provides trusted independent research on emerging technologies and their markets. For more information, contact research@IDTechEx.com or visit www.IDTechEx.com.

SOURCE: IDTechEx