Wearable Patient Sensor Market to Reach USD 63.67 Million by 2027

The global Wearable Patient Sensor market is forecast to reach USD 63.67 Million by 2027, according to a new report by Reports and Data. Wearable sensors in this statement commit to the sensors which are used in smart medical wearable devices. For a better perception of various components of this pharmaceutical industry, the business has been classified as position sensors, inertial sensors, medical-based sensors, motion sensors, pressure sensors, temperature sensors, and others. Others are the level of sensors like humidity sensors and gas sensors. Based on the application, the other section includes smart headwear, neckwear, and based on end-users, the other group.

North America is expected to be the fastest-growing region over the forecast period. Numerous enterprises and several new players have been investing in advanced sensor products. The market in this region is expected to exhibit a CAGR of 24.7% over the forecast period.

Key participants include Fitbit, Inc, Verily Life Sciences, Cyrcadia Asia Limited, Karnak (US), VitalConnect, Minttihealth, OMRON Corporation, Abbott Laboratories, Koninklijke Philips N.V., Medtronic plc, among others.