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Sensors in Consumer Healthcare Market: Key Revenue Pockets
Sensors play a very important role in enhancing safety and improving the quality of life by serving the consumer healthcare sector. Sensors are increasingly being used in the consumer healthcare applications due to the intelligence they can provide to the system. The sensing technologies are useful in measuring and controlling the key parameters in the human body.
In the report, sensor market in consumer healthcare are been segmented by sensor type, target application, and geography. The sensor market in consumer healthcare report cover various types of sensors such as temperature sensor, pressure sensor, motion sensor, image sensor, heat-rate sensor, lactate sensor, and blood-oxygen sensor. Sensor market in consumer healthcare covers patient monitoring, therapeutic devices, imaging systems, handheld andhomecare equipment, and fitness andwellness devices.
The key revenue pocket for the sensor market in consumer healthcare will be the image sensor and calorie sensor-based devices, which have huge market potential. This is mainly because of the use of the emerging needs of portable imaging and fitness devices. The major players in this segment are InvenSense, Inc. (U.S.), Infineon Technologies (Germany), Freescale Semiconductor, Inc. (U.S.), and Texas Instruments, Inc. (U.S.).
Taking into consideration the future growth in this segment InvenSense, Inc. (U.S.) recently launched a wearable platform solution, which integrates the functions of health andfitness wearable device with pressure and motion sensor. Infineon Technologies (Germany) is also in the league for entering into the consumer healthcare market for sensors; the company launched 3D image sensor chips for the implementation of touch-less gesture recognition system. Texas Instruments Inc. (U.S.) launched the emotion sensing game controller to measure the psychological signals to sense the brain activity.
The Sensor market in consumer healthcare is expected to reach $47.40billion by 2020, at an estimated CAGR of 5.56%. The emerging image sensors market is expected to grow at a CAGR of 14.13%. North America is the biggest contributor for sensor market in consumer healthcare followed by Europe and APAC.
Sensor Market in Consumer Healthcare by Application (Patient Monitoring, Therapeutic, Handheld and Homecare, & Fitness and wellness), Sensor Type (Blood Pressure Sensor, Temperature Sensor, Image sensor, Heart rate sensor, Touch Sensor & Motion Sensor) & by Geography - Analysis & Forecast to to 2013 - 2020
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