Title: Techfuture (1)
1Body Area Network Market Research Report By
Forecast To 2025
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2025
2Body Area Network Market Forecast To 2025
Body Area Network Market Overview
Body Area Network Market is expected to grow
from USD 9.09 Billion in 2018 to USD 21 Billion
by 2025, at a CAGR of 13 during the forecast
period. Owing to advances in wireless
communication and electronic devices, the sensors
can now be mounted on or implanted inside the
human body. These sensors or sensor-equipped
devices help in providing efficient and accurate
information of the patient for medical treatment.
In this context, body area network (BAN) helps in
monitoring and delivering proper service to the
patient. The increasing cost of formal healthcare
systems and the aging population is fueling the
development of innovative technologies like BAN.
Additionally, the surge in adoption of wearable
devices like smartwatches and smart glasses is
driving the growth of body area network market.
The increasing use of wireless networks and
constant miniaturization of electrical invasive
devices are empowering the development of body
area networks. Furthermore, the development of
wireless technologies has greatly motivated the
research and development of BAN. However,
securing huge volumes of data generated by
connected devices is a challenge. This is
expected to hamper the growth of the market.
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3Body Area Network Market Forecast To 2025
Segmental Analysis
- Body Area Network Market is expected to grow
from USD 9.09 Billion in 2018 to USD 21 Billion
by 2025, at a CAGR of 13 during the forecast
period. Body area network is basically a
short-range wireless network comprising devices
positioned in, on, and around the body that can
be connected and communicate. It is a type of
personal network that uses wearable and implanted
electronic circuits. It implements highly useful
functions and capabilities inconvenient and
unobtrusive configurations that operate at very
low power and deliver superior security. BAN has
applications in the military where it is used to
monitor the physical locations of field
personnel. The vital signs of soliders can be
tracked similar to healthcare patients as part of
monitoring their physical well-being. - The body area network is a wireless network of
the wearable computing device which can be placed
in, on, or around the human body. BAN provides
continuous health monitoring of the patient. It
helps in measuring patient vital signs and
detecting emotions or human statuses, such as
fear, stress, happiness among others. It sends
biological signals of the patient to the medical
doctor to provide real-time medical diagnosis to
chose the right treatment for the patient. The
BNA needs monitoring sensors and motion detectors
to help recognize the location of individual
some type of communication network to transmit
motion readings to medical practitioners. - The global body area network market has been
segmented based on device, application, and
region. - On the basis of the device, the market has been
segmented into wearable devices and implantable.
The wearable devices segment is further
sub-segmented into smart bands, smartwatches, and
smart earphones. - By technology, the market has been segmented into
Bluetooth low energy (BLE), Zigbee, Wi-Fi, and
others. - Based on application, the market has been
segmented into medical and fitness, sports,
security, military, and others. - The global body area network market, by region,
has been classified into North America, Europe,
Asia-Pacific, the Middle East Africa, and
Central and South America.
4Body Area Network Market Forecast To 2025
Segmental Analysis
- The Global Body Area Network Market has been
segmented based on device, technology,
application, and region. - On the basis of the device, the market has been
segmented into wearable devices, and implantable.
The wearable devices segment is further
sub-segmented into smart bands, smartwatches, and
smart earphones. - By technology, the market has been segmented into
Bluetooth low energy (BLE), Zigbee, Wi-Fi, and
others. - Based on application, the market has been
segmented into medical and fitness, sports,
security, military, and others. - The global body area network market, by region,
has been classified into North America, Europe,
Asia-Pacific, the Middle East Africa, and
Central and South America. - The global body area network market is projected
to grow at a significant rate during the forecast
period from 2019 to 2025. The geographic analysis
of the global body area network market has been
done for North America, Europe, Asia-Pacific, the
Middle East Africa, and Central and South
America. - North America is dominating the market owing to a
surge in the adoption of various smart devices
including fitness trackers, smartwatches,
implantable devices among others. Also, the rate
of chronic diseases and growing healthcare costs
are boosting the growth of the body area network
market in North America. Furthermore,
Asia-Pacific is expected to be the
fastest-growing region during the forecast period
owing to growing initiatives by the government to
promote curation in the form of digital health
records. Also, the demand for better
health-related services is expected to fuel the
growth of the market in the coming years. The
Middle East and Africa region is expected to show
significant growth during the forecast period.
Regional Analysis
5Body Area Network Market Forecast To 2025
Competitive Analysis
Companies are continuously striving to innovate
and develop advanced features for BNA, especially
for implementing wireless sensor networks that
can serve smart societies. BNA is still in its
nascent stage and it is expected that BAN
products will rapidly become popular and the
sales will go high, just as has been the case for
many types of personal electronic devices.
However, system engineers aiming at developing
BANs and wireless sensor networks are typically
facing design challenges in two areas that impact
the reliability of the network communicationsigna
l weakness and noise interference. The Key
Players in the Body Area Network Market
are Apple Inc.(US), Fitbit (US), Samsung
Electronics Co., Ltd (South Korea), Garmin Ltd.
(US), Fossil Group, Inc. (US), Xiaomi Corporation
(China), Huawei Technologies Co., Ltd. (China),
Casio Computer Co., Ltd. (Japan), LG Electronics
Inc. (South Korea), Medtronic plc (US), Bragi
(Germany), Polar Electro Oy (Finland), Mobvoi
Information Technology Company Limited (China),
GOQii (US), Suunto Oy (Finland), Withings
(France), AsusTek Computer Inc. (Taiwan), Abbott
Laboratories (US), Huami Corporation (China), and
Matrix Industries (US), Sony Corporation (Japan).
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