Global Body-Worn Temperature Sensors Market to Expand at 45.70% CAGR till 2020, Driven by Demand from North America

Transparency Market Research has published a new report on the global body-worn temperature sensors market. As per the report, the global body-worn temperature sensors market was valued at US$7 mn in 2013 and is predicted to reach US$93.4 mn by 2020. The report, titled ‘Body-Worn Temperature Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020’, states that the global body-worn temperature sensors market is expected to expand at a 45.70% CAGR during the period from 2014 to 2020.

Browse the full Body-Worn Temperature Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 report at http://www.transparencymarketresearch.com/body-worn-temperature-sensors-market.html

The global body-worn temperature sensors market is segmented on the basis of geography, type, care setting, patient demographic, end use, and application. The global body-worn temperature sensors market is developing rapidly, with a handful of companies dominating worldwide. Some of the prominent players in the global body-worn temperature sensors market are STMicroelectronics N.V. (Switzerland), Maxim Integrated Products Inc (San Jose, USA), Measurement Specialties Inc. (Hampton, USA), and Analog Devices Inc. (Norwood, USA).

By geography, the global body-worn temperature sensors market is divided into Asia Pacific, Europe, North America, and Rest of the World. In terms of volume and value, the North America region dominated the global body-worn temperature sensors market in 2013 with a 40.6% and 42.2% market share, respectively. Growing adoption of technically advanced wearable devices is expected to drive the North America market for body-worn temperature sensors during the forecast period. Europe was the second largest regional segment of the global body-worn temperature sensors market in 2013. In terms of revenue and volume, the Europe body-worn temperature sensors market accounted for a 33.2% and 31.8% market share, respectively.

Based on end use, the global body-worn temperature sensors market is divided into the segments of manufacturing, trade and transportation, retail, healthcare, government and public utilities, telecommunication, media and entertainment, banking and finance, and information technology. In terms of revenue, the global body-worn temperature sensors market was dominated by the healthcare segment in 2013. The global body-worn temperature sensors market is divided into applications such as infotainment, fitness and wellness, clinical settings, industrial and military, and healthcare and medical. Considering the growing awareness towards technology integration and infant care, the healthcare and medical sector dominated the global body-worn temperature sensors market in 2013.

The global body-worn temperature sensors market is divided into various types of patient demographics such as infant (0-24 months), children (2-16 years), adult (17-69 years), and elderly (70 years and above). In terms of volume and revenue, demand from the global body-worn temperature sensors market was dominated by the adult age group in 2013.

The global body-worn temperature sensors market is predicted to be driven by factors such as portability and compactness of wearable temperature sensors during the forecast period. By type, in terms of revenue, the global body-worn temperature sensors market was dominated by the motion sensors sector in 2013. Based on care setting, the global body-worn temperature sensors market is classified into the home, hospital, long-term care, and out-patient clinic facility sectors. In terms of volume and value, the hospital sector accounted for the highest market share in 2013.

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