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The global body area network market is anticipated to expand from USD 13 billion in 2022 to USD 25.3 billion by 2028 at a CAGR of 12.2% in the forecast period of 2023-2028.
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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.
A body area network is a wireless network of wearable computing devices.
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The market can be divided based on:
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.
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.
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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:
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.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
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, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
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 |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Body Area Network Market Analysis
8.1 Key Industry Highlights
8.2 Global Body Area Network Historical Market (2018-2022)
8.3 Global Body Area Network Market Forecast (2023-2028)
8.4 Global Body Area Network Market by Technology
8.4.1 Bluetooth
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Wi-Fi
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 ZigBee
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Body Area Network Market by Device
8.5.1 Wearable
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Implantable
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.6 Global Body Area Network Market by End Use
8.6.1 Healthcare
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Sports
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Others
8.7 Global Body Area Network Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Body Area Network Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Body Area Network Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Body Area Network Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.2 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Body Area Network Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Body Area Network Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Apple Inc. (NASDAQ: AAPL)
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Fitbit, Inc. (NYSE: FIT)
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Abbott Laboratories (NYSE: ABT)
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Bluetooth SIG Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Ericsson AB
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Fujitsu Limited (TYO: 6702)
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 General Electric Company (NYSE: GE)
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 IBM Corporation (NYSE: IBM)
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Intel Corporation (NASDAQ: INTC)
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Body Area Network Market: Key Industry Highlights, 2015 and 2025
2. Global Body Area Network Historical Market: Breakup by Technology (USD Billion), 2015-2019
3. Global Body Area Network Market Forecast: Breakup by Technology (USD Billion), 2020-2025
4. Global Body Area Network Historical Market: Breakup by Device (USD Billion), 2015-2019
5. Global Body Area Network Market Forecast: Breakup by Device (USD Billion), 2020-2025
6. Global Body Area Network Historical Market: Breakup by End Use (USD Billion), 2015-2019
7. Global Body Area Network Market Forecast: Breakup by End Use (USD Billion), 2020-2025
8. Global Body Area Network Historical Market: Breakup by Region (USD Billion), 2015-2019
9. Global Body Area Network Market Forecast: Breakup by Region (USD Billion), 2020-2025
10. North America Body Area Network Historical Market: Breakup by Country (USD Billion), 2015-2019
11. North America Body Area Network Market Forecast: Breakup by Country (USD Billion), 2020-2025
12. Europe Body Area Network Historical Market: Breakup by Country (USD Billion), 2015-2019
13. Europe Body Area Network Market Forecast: Breakup by Country (USD Billion), 2020-2025
14. Asia Pacific Body Area Network Historical Market: Breakup by Country (USD Billion), 2015-2019
15. Asia Pacific Body Area Network Market Forecast: Breakup by Country (USD Billion), 2020-2025
16. Latin America Body Area Network Historical Market: Breakup by Country (USD Billion), 2015-2019
17. Latin America Body Area Network Market Forecast: Breakup by Country (USD Billion), 2020-2025
18. Middle East and Africa Body Area Network Historical Market: Breakup by Country (USD Billion), 2015-2019
19. Middle East and Africa Body Area Network Market Forecast: Breakup by Country (USD Billion), 2020-2025
20. Global Body Area Network Market Structure
In 2022, the global body area network market attained a value of nearly USD 13 billion.
The market is projected to grow at a CAGR of 12.2% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 25.3 billion by 2028.
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.
The global body area network market attained a value of USD 13 billion in 2022, driven by the ease in availability of smartwatches. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 12.2%. The market is projected to reach USD 25.3 billion by 2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The devices available in the market are wearable devices and implantable devices. The classification based on technology are Bluetooth, Wi-Fi, and ZigBee, among others among others. On the basis of end use, the industry is divided into sports and healthcare, among others. The major regional markets for body area network are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa with North America accounting for the largest market region. The key players in the above market include 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.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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