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Thursday, September 30, 2021

Global Body Area Network Market is expected to grow steadily at CAGR of 12% in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Body Area Network Report and Forecast 2021-2026’, gives an in-depth analysis of the global body area network market, assessing the market based on its segments like technology, device, end use and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 10 Billion
  • Forecast CAGR (2021-2026): 12%
  • Forecast Market Size (2026): USD 19.7 Billion

The market is growing as people become more aware of the availability of technologically advanced electronic healthcare equipment around the world. Because of the increased prevalence of smart devices such as fitness trackers in the area, North America is expected to hold the highest share of the market throughout the forecast period.

Industry Definition and Major Segments

A body area network is a wireless network of computing devices that are worn on the body. The patient’s health is continuously monitored by BAN. It aids in the measurement of patient’s vital signs as well as the detection of emotions or emotional states such as fear, tension, and happiness. It delivers the patient’s biological signals to the doctor in real time, allowing the doctor to make a real-time medical diagnosis and choose the best treatment for the patient. The BAN will require monitoring sensors and motion detectors to assist in recognizing individual locations, as well as a communication network to send motion data to medical practitioners.

Explore the full report with the table of contents@

Based on technology, the market covers:

  • Bluetooth
  • Wi-Fi
  • ZigBee
  • Others

Based on device, the market is segmented into:

  • Wearable Devices
  • Implantable Devices

Based on end use, the market is categorised into:

  • Healthcare
  • Sports
  • Others

The major regional markets include:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The availability of low-cost smart devices, as well as quick advancements in treatment approaches and communication techniques, are driving the global body area network market. Furthermore, the government’s expanding support encourages the use of digital healthcare. Because of the rising use of smartwatches and smart bands in sports and fitness apps, the wearable device industry is growing at a quicker rate. Because of the rising prevalence of chronic illnesses, expanding demand for efficient healthcare facilities, rising healthcare prices, and rising disorders due to changing lifestyles, North America is likely to lead the market over the forecast period.

Key Market Players

The major players in the market are DJO Global, Abbott Laboratories [ABT (NYSE)], Bluetooth SIG, Ericsson AB, Fujitsu Limited [6702 (TYO)], General Electric Company (GE), IBM Corporation, Intel Corporation [INTC (NASDAQ)], Telefonica SA [TEF (BME)], Renesas Electronics Corporation [6723 (TYO)], among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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