Mobile Health and Fitness Sensors

Mobile Health and Fitness Sensors

Global Mobile Health and Fitness Sensors Market to Reach 11.8 Billion Units by 2027

In the changed post COVID-19 business landscape, the global market for Mobile Health and Fitness Sensors estimated at 4 Billion Units in the year 2020, is projected to reach a revised size of 11.8 Billion Units by 2027, growing at a CAGR of 16.8% over the analysis period 2020-2027. Chemical & Gas Sensors, one of the segments analyzed in the report, is projected to record a 15.7% CAGR and reach 3.8 Billion Units by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Image Sensors segment is readjusted to a revised 17.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at 1.2 Billion Units, While China is Forecast to Grow at 16.2% CAGR

The Mobile Health and Fitness Sensors market in the U.S. is estimated at 1.2 Billion Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 2.1 Billion Units by the year 2027 trailing a CAGR of 16.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.9% and 14.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.4% CAGR.

Optical Sensors Segment to Record 19.2% CAGR

In the global Optical Sensors segment, USA, Canada, Japan, China and Europe will drive the 19.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of 529 Million Units in the year 2020 will reach a projected size of 1.8 Billion Units by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 18 Featured) -

• Fujitsu Ltd.
• Abbott Laboratories
• Honeywell International, Inc.
• Texas Instruments, Inc.
• Medtronic, Inc.
• GE Healthcare
• Qualcomm, Inc.
• Omron Corporation
• Analog Devices, Inc.
• Bayer Healthcare AG
• Adidas AG
• Casio Computer Co., Ltd.
• Jawbone
• F. Hoffmann-La Roche AG
• AgaMatrix, Inc.
• Asahi Kasei Microdevices Corporation
• LifeScan, Inc.
• Acute Technology, Inc.
• Philips Healthcare USA
• RF Technologies, Inc.
• ChoiceMMed Technology India Pvt. Ltd.

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