Press release
Electronic Underwear Market By Demography Type (Men, Unisex) and By Distribution Channels Type (Online Stores, Offline Stores) - Global Demand Analysis & Opportunity outlook 2024
Market Size and Forecast
The global electronic underwear/smart e-pants market is expected to grow at a robust growth over the forecast period i.e. 2017-2024. Smart e-pants market is driven by various factors such as rising health awareness among the patients regarding smart e-pants and rising disposable income of the consumers.
In terms of geography, North America region is expected to dominate the market during the forecast period aided by the U.S. Further, wide use of these clothing technologies in the treatment of bedsores and rapid urbanization are believed to flourish the growth of electronic underwear/smart e-pants market in the region. Moreover, major healthcare companies are projected to enter into the North Americas electronic underwear market which is further likely to boost the growth of electronic underwear/smart e-pants market in the region over the forecast period.
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Europe region is anticipated to hold the second largest market in electronic underwear/smart e-pants by the end of 2024. Further, the major countries to witness the augment demand for electronic underwear/smart e-pants in Europe include Germany, France, U.K. and others countries. Additionally, increased adoption of technological advanced products and a greater demand for smart healthcare devices are envisioned to foster the growth of electronic underwear/smart e-pants market in the Europe region. Asia-Pacific region is also projected to show a tremendous growth over the forecast period i.e. 2017-2024. The growth in this region is credited to the rise of middle class and purchasing power of the population. Furthermore, Japan and China are envisioned to lead the market for electronic underwear in this region owing to rising demand for smart e-pants from old age population.
Market Segmentation
Our in-depth analysis segmented the global electronic underwear/smart e-pants market in the following segments:
By Demography
• Men
• Unisex
By Distribution Channel
• Online Store
• Offline Store
By Region
Global electronic underwear/smart e-pants market is further classified on the basis of region as follows:
• North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
• Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, South Korea &Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
• Middle East and Africa (GCC, South Africa, North Africa and Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis
Growth Drivers and Challenges
Factors such as rising adoption of wearable electronics and growing demand for smart e-pants from healthcare sector for the prevention of bedsores or pressure ulcer are believed to be the dynamic factor behind the rapid growth of electronic underwear/smart e-pants market across the globe. Further, rising old age population and increased number of patients affected with pressure ulcer disease are envisioned to bolster the growth of electronic underwear/smart e-pants market by the end of 2024.
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Moreover, positive growth in IT industry across the globe which in turn further increase their research & development activities to develop advanced and latest technology products and swelled disposable income of the population across the globe supported by the positive GDP figures in growing nations supporting the penetration of smart consumer electronics which are projected to boost the demand for electronic underwear/smart e-pants.
However, high cost associated with the electronic underwear and lack of awareness regarding electronic underwear/smart e-pants are anticipated to hinder the growth of electronic underwear/smart e-pants market over the forecast period.
This report also provides the existing competitive scenario of the key player of the global electronic underwear/smart e-pants market which includes GlideWear. Further, Key potential companies that may enter into manufacturing of electronic underwear/smart e-pants includes Rober limited, EHOB, Hill-Rom, Stryker, Apex, iHealthcare, Proma Reha, Besco, Graham Field, Invacare and ARDO. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global electronic underwear/smart e-pants market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
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Ajay Daniel
Email: ajay.daniel@researchnester.com
U.S. +1 646 586 9123
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