Europe Smart Glove Market Size, Share & Industry Trends Analysis Report By Usage (Specific Health Monitoring Device, Fitness Tracker, & Others), By Industry Vertical, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Smart Glove Market would witness Market growth of 9.5% CAGR during the forecast period (2022-2028).
One of the important trends that will gain momentum in the smart wearable gloves Market is the usage of microencapsulation and nanotechnology. Manufacturers can create systems with increased appropriateness and accessibility owing to microencapsulation and nanotechnology. Virtual sensations are created by incorporating these technologies into smart wearing gloves, allowing the brain to perceive textures and temperatures virtually.
The innovation of the Bluetooth chip, microcontroller, flex sensors, and accelerometer has also contributed to the Market 's growth. Furthermore, advances in microencapsulation and nanotechnology are paving the way for sensor technology, which has a bright future. The influx of manufacturers such as Apple, Samsung, and Fossil is widening the functions, boosting the Smart Glove Market even more.
Obesity and the risk of heart disease are also on the rise among people. According to the Health Survey of England 2019, 28 percent of adults in England are obese, with 36.2 percent being overweight, according to the Health Survey of England 2019. Men are more likely than women to be overweight or obese, according to one study. Overweight or obese people are most likely to be between the ages of 45 and 74, according to the same source. This indicates that as people get older, they are more likely to become obese. Obesity, in combination with aging, will raise the risk of cardiovascular disease. As a result, consumers want to maintain track of their fitness levels by measuring their heart rate and oxygen levels on a regular basis, moving the fitness tracker industry forward.
The Germany Market dominated the Europe Smart Glove Market by Country in 2021, and would continue to be a dominant Market till 2028; thereby, achieving a Market value of $253.5 Million by 2028. The UK Market is poised to grow at CAGR of 8.6% during (2022 - 2028). Additionally, The France Market would witness a CAGR of 10.3% during (2022 - 2028).
Based on Usage, the Market is segmented into Specific Health Monitoring Device, Fitness Tracker, Media & Connected Device, and Others. Based on Industry Vertical, the Market is segmented into Healthcare, Industrial, Fitness, and Others. Based on countries, the Market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Smart Glove Market Size will Hit $3.9 Billion by 2028, at a CAGR of 10%
The Market research report covers the analysis of key stake holders of the Market . Key companies profiled in the report include Flint Rehabilitation Devices, LLC, Neofect, HaptX, Inc., Samsung Electronics Co. Ltd., Workaround GmbH (ProGlove), Shenzhen Seekas Technology Co., Ltd., Saebo, Inc., Dexta Robotics, and Vandrico Solutions, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Specific Health Monitoring Device
- Fitness Tracker
- Media & Connected Device
By Industry Vertical
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Flint Rehabilitation Devices, LLC
- HaptX, Inc.
- Samsung Electronics Co. Ltd.
- Workaround GmbH (ProGlove)
- Shenzhen Seekas Technology Co., Ltd.
- Saebo, Inc.
- Dexta Robotics
- Vandrico Solutions, Inc.
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