Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Body Area Network Market Outlook

The global body area network market is anticipated to expand from USD 14.59 billion in 2023 to USD 40.10 billion by 2032 at a CAGR of 11.9% in the forecast period of 2024-2032.

Global Body Area Network Market

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The market is propelling forward due to the rising awareness regarding the accessibility of technologically advanced electronic healthcare devices, globally. North America is anticipated to hold the largest share in the market during the forecast period due to rising penetration of smart devices such as fitness trackers in the region.

Market Segmentation

A body area network is a wireless network of wearable computing devices.

Global Body Area Network Market

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The market can be divided based on:

  • End-Use
    • Healthcare
    • Sports
    • Others
  • Technology 
    • Bluetooth
    • Wi-Fi 
    • ZigBee
    • Others 
  • Device 
    • Wearable Devices 
    • Implantable Devices

The EMR report looks into the regional body area network markets like the North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.

Market Analysis

The global body area network market is being driven by the availability of smart devices at low prices along with the rapid advancement in therapeutic methods and communication techniques. Moreover, the increasing support by the government is encouraging digital healthcare. The wearable device market is growing at a faster rate owing to the increasing launch of smartwatches and smart bands in sports and fitness apps. North America is expected to lead the market during the forecast period as a result of rising prevalence of chronic illnesses, growing demand for efficient healthcare facilities, increasing healthcare expenses, and rising disorders due to changing lifestyle.

Global Body Area Network Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global Body area network industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Apple Inc. (NASDAQ: AAPL)
  • Fitbit, Inc. (NYSE: FIT)
  • Abbott Laboratories (NYSE: ABT)
  • Bluetooth SIG Inc. 
  • Ericsson AB
  • Fujitsu Limited (TYO: 6702)  
  • General Electric Company (NYSE: GE)
  • IBM Corporation (NYSE: IBM)
  • Intel Corporation (NASDAQ: INTC)
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Technology
  • Device
  • End Use
  • Region
Breakup by Technology
  • Bluetooth
  • Wi-Fi
  • ZigBee
  • Others
Breakup by Device
  • Wearable
  • Implantable
Breakup by End Use
  • Healthcare
  • Sports
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Apple Inc. (NASDAQ: AAPL)
  • Fitbit, Inc. (NYSE: FIT)
  • Abbott Laboratories (NYSE: ABT)
  • Bluetooth SIG Inc.
  • Ericsson AB
  • Fujitsu Limited (TYO: 6702)  
  • General Electric Company (NYSE: GE)
  • IBM Corporation (NYSE: IBM)
  • Intel Corporation (NASDAQ: INTC)
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global body area network market attained a value of nearly USD 14.59 billion.

The market is projected to grow at a CAGR of 11.9% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 40.10 billion by 2032.

The major drivers of the market include availability of smart devices at low prices, rapid advancement in therapeutic methods, and communication techniques and increasing prevalence of illness.

Growing government support and increasing launches of smartwatches and smart bands are the key trends propelling the growth of the market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The various end uses of body area network include healthcare and sports, among others.

The significant technologies of body area network considered in the market report are Bluetooth, Wi-Fi, and ZigBee, among others.

The devices available in the market are wearable devices and implantable devices.

The major players in the market are Apple Inc. (NASDAQ: AAPL), Fitbit, Inc. (NYSE: FIT), Abbott Laboratories (NYSE: ABT), Bluetooth SIG Inc., Ericsson AB, Fujitsu Limited (TYO: 6702), General Electric Company (NYSE: GE), IBM Corporation (NYSE: IBM), and Intel Corporation (NASDAQ: INTC), among others.

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