Smart Clothing Market Top industry players | Athos, Catapult Sports Pty Ltd, Heddoko Inc., Hexoskin, Lumo Bodytech Inc., Ralph Lauren, OMSignal, Sensoria Inc

What impact will a growing healthcare sector have on smart clothing market forecast?

With increasing adoption of smart products by professional athletes to enhance the performance level, smart clothing market trends are gaining considerable momentum in the category of smart and future wearables technology. Owing to the rising contract costs of athletes, the sports associations are investing massively on these products in order to enhance player performance and eliminate any type of injuries.

Estimates suggest that global smart clothing market size will exceed USD 4 billion by 2024. The proliferation of wearables depicts an increase in demand for remote monitoring of patients. Wearable tech is poised to provide significant growth opportunities to the overall healthcare industry. Wearable textile can sense, react, and adapt themselves according to the external conditions and blend seamlessly to offer the functionality of smart devices in an optimized way.

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Will increased use in sports and fitness applications drive smart clothing market forecast?

Reports estimate that sports and fitness applications are anticipated to hold a commendable share over the forecast period. From uniforms to gloves, helmets and pads, sporting equipment is now more high-tech and functioning. The advancements of technology have provided a convenient opportunity for athletes to be able to enhance their skills as well as allow them to monitor their fitness level.

Tremendous focus of governments in promoting regional sports teams as well as growing preference of users towards adoption health-promoting apparel will fuel smart clothing market outlook, from demand for t-shirts and shoes.

Smart uniforms are specifically designed to shield soldiers from hazards like chemical weapons and viruses due to the strong functionality and there is rising adoption of smart uniforms in military and defense sector. Moreover, the ongoing research and advancements in sensor technology will prove to be reliable sources that can aid smart clothing technology in a better way.

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How will the U.S. emerge as a strong contributor towards smart clothing industry share?

The U.S. smart clothing market is likely to grow noticeably owing to the rising investments by several sports clubs to boost the efficacy level of the players. Advances in technology have allowed athletes to monitor functional movements, maximize performance, and minimize injury detection.

Several large-scale companies and regional governments are spending massively in smart clothing to make military uniforms that are technologically sound and can provide insights on the injuries, health of soldiers, and among others. U.S. is also considered to be the leading spender on defense and military projects, indicating strong regional potential for smart clothing providers.

As governments and manufacturers are looking for ways to enhance soldier health and safety without a major increase in production costs, smart clothing market is projected to register commendable gains in the coming years.

Is the growing healthcare segment influencing global smart clothing industry outlook?

Growing awareness regarding fitness and the mounting demand for monitoring body vitals such as heart rate and blood pressure is anticipated to stimulate smart clothing industry share. This type of clothing is extensively being explored by healthcare companies to develop a novel wearable solution and provide consumers and healthcare professionals with more product options.

Many medical device manufacturers are actively engaging in researching and monitoring smart clothing pilot projects that can track chronic diseases and help patients to know their health status efficiently. Rapid urbanization along with increasing consumer participation in health and fitness clubs is expected to positively favor smart clothing market size over the estimated timeline.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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