North America Accelerometer Medical Sensors Market Size, Share & Industry Trends Analysis Report By Product (Wearable and Non-wearable), By End-Use (Hospital & Clinics and Others), By Application, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Accelerometer Medical Sensors Market would witness market growth of 11.9% CAGR during the forecast period (2022-2028).
Inertial sensors like accelerometers are essentially force sensors that detect angular motion around one or more axes or linear acceleration in one or more directions. The first is known as an accelerometer, while the second is a gyroscope. A proof mass (also known as a seismic mass) linked to a mechanical suspension mechanism with regard to a frame of reference is the basis for the common functioning principle of accelerometers. According to Newton's Second Law, the proof mass will deflect as a result of inertial force brought on by acceleration or gravity.
With the physical variations in the displacement of the seismic mass relative to the reference frame, the acceleration can be detected electronically. The most popular varieties are piezoresistive, piezoelectric, and differential capacitive accelerometers. Accelerometers can be utilized for ambulatory monitoring to track subjects' ongoing activities while they are living in freedom.
A person's functional status can be inferred from postures and a variety of daily motions using the longitudinal activity data that have been obtained. To categorize routine human motion that is of interest, signal analysis and algorithms are applied. Negative activity, such as falls, can also be recognized. In order to assess fall hazards and mobility, significant aspects of posture, gait, and sway rhythm have also been explored. Also, the majority of commercially available accelerometers often feature energy expenditure as one of their typical applications.
Cancer was listed as the second most common reason for death in the U.S. The demand for medical accelerometer sensors has increased as a result of the increased prevalence of cancer of the spine metastases, which frequently causes spinal cord compression as well as paralysis. According to Muscular Dystrophy News, most Becker muscular dystrophy (BMD) patients who acquire cardiomyopathy do so in their late 20s. Millions of adults in the United States suffer from chronic sleep disturbance, and a lack of sleep further increases the likelihood of developing chronic health issues.
The US market dominated the North America Accelerometer Medical Sensors Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,764.8 Million by 2028. The Canada market is poised to grow at a CAGR of 14.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 13.8% during (2022 - 2028).
Based on Product, the market is segmented into Wearable and Non-wearable. Based on End-Use, the market is segmented into Hospital & Clinics and Others. Based on Application, the market is segmented into Chronic illness & Risk-monitoring, Wellness Monitoring, In hospital clinical Monitoring, Sensor Therapeutics, and Post-acute Care Monitoring. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Accelerometer Medical Sensors Market is Estimated to reach $7.3 Billion by 2028, at a CAGR of 13.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fitbit, Inc (Google LLC), Analog Devices, Inc., Koninklijke Philips N.V., ResMed, Inc., Compumedics Limited, Garmin Ltd., Aetna, Inc. (CVS Pharmacy, Inc.), BMC Medical Co., Ltd., and SOMNOmedics GmbH.
Scope of the Study
Market Segments Covered in the Report:
- Hospital & Clinics
- Chronic illness & Risk-monitoring
- Wellness Monitoring
- In hospital clinical Monitoring
- Sensor Therapeutics
- Post-acute Care Monitoring
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Fitbit, Inc (Google LLC)
- Analog Devices, Inc.
- Koninklijke Philips N.V.
- ResMed, Inc.
- Compumedics Limited
- Garmin Ltd.
- Aetna, Inc. (CVS Pharmacy, Inc.)
- BMC Medical Co., Ltd.
- SOMNOmedics GmbH
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