Press release
Wearable Asthma Monitoring Devices Market Size, Share, Growth and Trends, Report 2024-2031
Wearable asthma monitoring devices market is estimated to reach at a CAGR 24.7% during the forecast period (2024-2031).The wearable asthma monitoring devices market encompasses technologies designed to continuously monitor and manage asthma symptoms through wearable gadgets. These devices are typically equipped with sensors that track various physiological parameters related to asthma, such as respiratory rate, lung function, oxygen levels, and environmental triggers. The data collected by these devices is used to provide real-time insights into the individual's respiratory health, enabling timely interventions and better management of asthma. This market includes products like smart inhalers, wearable sensors, and connected asthma management systems that help users and healthcare providers monitor asthma more effectively and enhance overall asthma care.
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Market Dynamics:
The increasing technological advancements are expected to drive the market growth in the forecast period
Innovations in personalized health technology present a unique opportunity to develop connected healthcare models tailored to individual patient needs. Wearable devices, for example, can offer basic feedback, such as reminders to move or stand more often, encouraging users to increase their activity levels. Some advanced devices, available for an additional fee, provide detailed personal wellness reports and offer actionable guidance and coaching to help users meet their health and fitness objectives.
On a broader scale, new wearable devices are being designed to capture breathing-related biomedical signals, including sounds and chest movements. These devices measure various asthma-related parameters such as breathing rate, wheeze, tidal volume, and cough through microphones placed on the skin. Additionally, chest movement can be monitored using either a belt-shaped device or an accelerometer. This approach offers reliable breathing detection due to its simple periodic nature and consistency with the breathing cycle, while remaining largely unaffected by ambient noise.
Acoustic monitoring, for instance, is a specialized wearable technology that has been explored for asthma management. It uses microphones to detect breathing patterns, including respiratory rate, flow rate, and tidal volume, as well as asthma symptoms like wheezing and coughing. Chest movement can also be recorded using an accelerometer or belt-shaped device. Although continuous wearable monitoring systems show promise, they are still an emerging field that requires further research to fully understand their clinical impact.
Segment Covered in the Wearable Asthma Monitoring Devices Market:
By Product: Wearable patches, Wearable Wrist Bands, Wearable respiratory monitoring system.
By Technology: Cloud-based, AI-based, Other.
By End-User: Hospitals, Homecare, Other.
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Key players involved in Wearable Asthma Monitoring Devices Market:
• Resmetrix Medical Ltd
• Respira Labs
• Health Care Originals Inc
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Product Portfolio:
Resmetrix Medical Ltd
Resmetrix, a portfolio company of Israel's MindUP incubator, is partnering with Medtronic, IBM, Pitango, and Rambam Medical Center to develop innovative respiratory monitoring technology. Founded in 2017, Resmetrix has designed a unique portable respiratory monitoring system-a wireless chest strap that continuously and accurately tracks, records, and analyzes breathing patterns. This system is equipped to alert healthcare providers to early signs of deterioration in a patient's condition, serving as a comprehensive platform for managing respiratory diseases.
Regional Analysis:
The global Wearable Asthma Monitoring Devices Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Wearable Asthma Monitoring Devices Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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