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Global Body Area Network Market: By Technology: Bluetooth, Wi-Fi, ZigBee, Others; By Device: Wearable, Implantable; By End Use: Healthcare, Sports, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Body Area Network Market Outlook
The global body area network market is anticipated to expand from USD 10 billion in 2020 to USD 19.7 billion by 2026 at a CAGR of 12% in the forecast period of 2022-2027.
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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.
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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.
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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.
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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| 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. |
*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.
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 Industry Opportunities and Challenges
8 Global Body Area Network Market Analysis
8.1 Key Industry Highlights
8.2 Global Body Area Network Historical Market (2015-2019)
8.3 Global Body Area Network Market Forecast (2020-2025)
8.4 Global Body Area Network Market by Technology
8.4.1 Bluetooth
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2015-2019)
8.4.1.3 Forecast Trend (2020-2025)
8.4.2 Wi-Fi
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2015-2019)
8.4.2.3 Forecast Trend (2020-2025)
8.4.3 ZigBee
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2015-2019)
8.4.3.3 Forecast Trend (2020-2025)
8.4.4 Others
8.5 Global Body Area Network Market by Device
8.5.1 Wearable
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2015-2019)
8.5.1.3 Forecast Trend (2020-2025)
8.5.2 Implantable
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2015-2019)
8.5.2.3 Forecast Trend (2020-2025)
8.6 Global Body Area Network Market by End Use
8.6.1 Healthcare
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2015-2019)
8.6.1.3 Forecast Trend (2020-2025)
8.6.2 Sports
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2015-2019)
8.6.2.3 Forecast Trend (2020-2025)
8.6.3 Others
8.7 Global Body Area Network Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2015-2019)
9.1.2 Forecast Trend (2020-2025)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2015-2019)
9.2.2 Forecast Trend (2020-2025)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2015-2019)
9.3.2 Forecast Trend (2020-2025)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2015-2019)
9.4.2 Forecast Trend (2020-2025)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2015-2019)
9.5.2 Forecast Trend (2020-2025)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Apple Inc. (NASDAQ: AAPL)
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Fitbit, Inc. (NYSE: FIT)
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Abbott Laboratories (NYSE: ABT)
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Bluetooth SIG Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Ericsson AB
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Fujitsu Limited (TYO: 6702)
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 General Electric Company (NYSE: GE)
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 IBM Corporation (NYSE: IBM)
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Intel Corporation (NASDAQ: INTC)
12.2.9.1 Company Overview
12.2.9.2 Product Portfolio
12.2.9.3 Demographic Reach and Achievements
12.2.9.4 Certifications
12.2.10 Others
13 Industry Events and Developments
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
Key Questions Answered in the Report
In 2020, the global body area network market attained a value of nearly USD 10 billion.
The market is projected to grow at a CAGR of 12% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 19.7 billion by 2026.
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.
Increasing government support and increasing launch of smartwatches and smart bands is the key industry trend propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific with North America accounting for the largest share.
The diverse end uses include healthcare and sports, among others.
The technological segments 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 industry 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.
Analyst Review
The global body area network market attained a value of USD 10 billion in 2020, 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 2022-2027, growing at a CAGR of 12%. The market is projected to reach USD 19.7 billion by 2026.
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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