Consumer’s Inclination Towards Wearable Devices And Growing Concern Regarding Fitness & Wellness Is Likely To Drive The Market Of Wearable Biosensors In Near Future, According To Research Nester
Global wearable biosensor market is segmented into application type which includes health & monitoring, safety monitoring, home rehabilitation, disorder detection, environment monitoring, assessment of treatment efficacy and others. Among these segments, health & monitoring segment is estimated to witness maximum demand during the forecast period. Further, growing implementation of biosensors in smart wearable such as fitness band and smart watch is driving the growth of health & monitoring segment. Global wearable biosensors market is expected to expand at a robust compound annual growth rate (CAGR) during the forecast period. The global market of wearable biosensors is likely to reach at striking revenue by the end of 2024. Factors such as growing adoption of health monitoring devices amongst the consumers and rapid introduction of new applications of biosensors are envisioned to escalate the growth of global wearable biosensors at remarkable pace. By end user, the we...