Blue Horizon Global Capital Corp C.BHCC

Wearable Sensors

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North America Expected to Occupy a Significant Market Share

North America has the highest penetration of wearable sensors, as the region is an early adopter of newer technology. Increasing demand across various application sectors, such as wearable technology for fitness, healthcare, and security, is driving the lucrative growth of the North American wearable sensors market.

• The region's dominance is due to the push to maintain healthy lifestyles in countries, such as the United States and Canada. Also, the increasing demand for wearable devices in the region, in the consumer products sector, is due to the rising demand for wristwear and bodywear products in the market. The rapid increase in technological advancements in this region also contributes to the growth of the North American wearable sensors market.
• Also, the increasing developments and innovations by US-based companies have contributed significantly to the market in the region, and specifically in the United States, resulting in increasing usage of wearable devices. In the United States, wearables have proven to be popular among consumers and are steadily expanding into new industries, including healthcare. For instance, researchers at Northwestern University generated small, sticker-like wireless biosensors that monitor important vital signs, without the need for large equipment and wiring.