Press release
Role Of Health Sensors In Driving The Growth Of Home-Based Healthcare Services: A Key Factor Shaping the Future of the Health Sensors Market in 2025
Health Sensors Market
The shift towards home-based healthcare services is expected to boost the growth of the health sensors market. Home-based healthcare services provide medical and non-medical care at home to assist individuals in recovering from illness, managing chronic conditions, or performing daily activities. The demand for these services is growing due to the aging population, cost-effectiveness, and technological advancements. Health sensors play a crucial role by enabling remote monitoring of health parameters, enhancing the quality of care. For instance, a March 2024 report from Statistics Canada showed that the combined revenues of private and public nursing and residential care facilities reached $39.1 billion in 2022. Therefore, the shift towards home-based healthcare services is contributing to the growth of the health sensors market.
Get Your Health Sensors Market Report Here:
https://www.thebusinessresearchcompany.com/report/health-sensors-global-market-report
What is the projected compound annual growth rate (CAGR) of the health sensors market from 2025 to 2034, and what factors influence it?
The health sensors market has seen rapid growth, expected to increase from $60.73 billion in 2024 to $72.81 billion in 2025 at a CAGR of 19.9%. Historical growth was fueled by educational initiatives, cost management through early detection, expansion of consumer electronics, integration with EHR systems for efficient data management, and continuous improvements in sensor accuracy and reliability.
The health sensors market is projected to expand rapidly, reaching $148.48 billion in 2029 at a CAGR of 19.5%. Growth is driven by government support for mHealth adoption, rising lifestyle diseases, and corporate wellness programs. Key trends include environmental sensors for health monitoring, predictive analytics, fabric-integrated sensors, and biotechnology advancements.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15817&type=smp
How are the latest trends influencing the growth of the health sensors market?
Major companies in the health sensors market are advancing continuous glucose monitoring (CGM) systems to offer real-time glucose tracking for people with diabetes. These systems provide continuous data on glucose levels, reducing the need for fingerstick tests. In October 2022, Abbott Laboratories, a U.S.-based healthcare company, launched the FreeStyle Libre 3 system, which offers continuous glucose monitoring for individuals aged 4 and above, with real-time alerts and compatibility with mobile devices for easy data sharing.
What are the major segments of the health sensors market and their role in driving growth?
The health sensors market covered in this report is segmented -
1) By Product: Hand Held Diagnostic Sensors, Wearable Sensors, Ingestible Or Implantable Sensors
2) By Application: Chronic Illness And At Risk-Monitoring, Wellness Monitoring, Patient Admission Triage, Logistical Tracking, In Hospital Clinical Monitoring, Sensor Therapeutics, Post-Acute Care Monitoring, Other Applications
3) By End User: Hospitals And Clinics, Long-Term Care Centers And Nursing homes, Home Care Settings, Other End Users
Subsegments:
1) Hand Held Diagnostic Sensors: Glucose Monitoring Sensors, Blood Pressure Sensors, Thermometers, Pulse Oximeters, ECG Sensors
2) Wearable Sensors: Fitness Trackers, Smartwatches, Wearable ECG Monitors, Sleep Monitoring Sensors, Activity Monitors
3) Ingestible Or Implantable Sensors: Ingestible Pill Sensors, Implantable Glucose Sensors, Biometric Implantable Sensors, Ingestible Medication Adherence Sensors
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15817
Which regions are key players in the growth of the health sensors market?
North America was the largest region in the dominated market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the health sensors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the health sensors market?
Major companies operating in the health sensors market are Apple Inc., Samsung Electronics Co. Ltd., Johnson & Johnson, Abbott Laboratories, Medtronic plc, Nokia Corporation, Texas Instruments Incorporated, Koninklijke Philips N.V., Strykar Healthcare, GE HealthCare Technologies Inc., STMicroelectronics, Boston Scientific Corporation, Analog Devices Inc., OMRON Healthcare Inc., Garmin Ltd., Smiths Group plc, Dexcom Inc., Masimo Corporation, Nihon Kohden Corporation, Google Fitbit, Nonin, Sotera Inc., Empatica Inc., AliveCor Inc., Shimmer Sensing
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=15817&type=smp
What Is Covered In The Health Sensors Global Market Report?
•Market Size Forecast: Examine the health sensors market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the health sensors market for a structured understanding.
•Key Players Overview: Analyze major players in the health sensors market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the health sensors market.
•Segment Contributions: Evaluate how different segments drive overall growth in the health sensors market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the health sensors market.
•Industry Challenges: Identify potential risks and obstacles affecting the health sensors market.
•Competitive Landscape: Review strategic developments in the health sensors market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Role Of Health Sensors In Driving The Growth Of Home-Based Healthcare Services: A Key Factor Shaping the Future of the Health Sensors Market in 2025 here
News-ID: 3925470 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Sensor
Ultrasonic Oxygen Sensor Market, Ultrasonic Oxygen Sensor Market Size, Ultrasoni …
Fairfield Market Research offers a complete understanding of the Global Ultrasonic Oxygen Sensor Market in its latest research report. The report includes an unbiased analysis of the market dynamics. The report covers growth prospects, market development potential, product profitability, supply and demand curves and predictions, and government policies. The report has been put together using reliable tools to assess the primary and secondary data. The data is represented in the…
Wheel Speed Sensor Market Growing Up By Sensor Type: Passive Sensor, Active Sens …
Acumen Research and Consulting has announced the addition of the "Wheel Speed Sensor Market” report to their offering.
The Wheel Speed Sensor Market Report 2018 is an in depth study analyzing the current state of the Wheel Speed Sensor Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Wheel Speed Sensor Market provides analysis of China market covering…
Smart Sensor Market - Transportation System Infrastructure & Aerospace Industrie …
Smart sensor market is expected to reach $15,840 million in 2023 from $4,805 million in 2016, growing at a CAGR of 18.4% from 2017 to 2023. Smart sensor have become an integral part of the aerospace and transportation industry. The robust growth in automobile sector, inclination of society towards IoT, development of smart cities, and surge in security threats are some of the major factors that drive the demand for…
Global Body Sensor Market - By Type (EEG Sensor, Visual Sensor, Respiration Sens …
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Global Body Sensor Market - Assessment Covering Growth Factors and Upcoming Trends by 2022 End”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2022. The report also targets important facets such as market drivers, challenges, latest trends,…
Biochemical Sensor Market Report 2018: Segmentation by Product (Electrochemical …
Global Biochemical Sensor market research report provides company profile for GE Healthcare (U.S.), Thermo Fisher Scientific. (U.S.), Honeywell International Inc. (U.S.), Bio-Rad Laboratories Inc. (U.S.), Polestar Technologies Inc. (U.S.), Microchip Technology Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and…
Smart Wearable Fitness Devices Sensors Market to 2025 Temperature Sensor, Pressu …
The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Smart Wearable Fitness Devices Sensors by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
This research report is equipped with the information categorizing Smart Wearable Fitness Devices…
