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Global Galvanic Skin Response Sensor Market Size, Growth: By Device Type: Wired, Wireless; By End User: Hospitals, Research Institutes, Diagnostic Centers, Homecare Settings,Others; Regional Analysis; Market Dynamics: SWOT Analysis, PESTEL Analysis, Porter’s Five Forces Mode; Key Demand Indicators; Supplier Landscape; 2024-2032
Galvanic Skin Response Sensor Market Size
The global galvanic skin response sensor market was valued at USD 24.39 billion in 2023, driven by advancements in wearable technology and increased application of galvanic skin response sensors in educational and research settings across the globe. The market is expected to grow at a CAGR of 8.3% during the forecast period of 2024-2032, with the values likely to reach USD 49.99 billion by 2032.
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Galvanic Skin Response Sensor Market Outlook
- The market value is influenced by the rising investment in R&D activities to improve galvanic skin response (GSR) sensor technology, the growth of telehealth services, and the integration of these devices with mobile apps for real-time feedback.
- One of the major market trends is the advancement in biosensor technology which leads to the development of galvanic skin response sensors that exhibit more accuracy and reliability along with being cost-effective.
- The market demand is impacted by the increased focus on mental health which stimulates the adoption of devices equipped with galvanic skin response sensors to track and manage conditions such as anxiety and depression.
Galvanic Skin Response Sensor Market Overview
Galvanic skin reaction is often referred to as skin conductance or electrodermal operation, which aids in measuring the skin's conductivity and the moisture content of the skin. It is because the sweat glands are powered by a sympathetic nervous system and also by moments of intense emotion, which creates changes in the electrical resistance of the skin. The galvanic skin response sensor (GSR) serves as an indicator of physiological and psychological arousal.
The galvanic skin response sensors market is driven by the rising integration of these sensors into wearable devices where they are used to monitor stress levels, emotional states, and physiological parameters. Advancements in sensor technology are propelling the expansion of GSR sensor applications in various fields such as medical diagnostics and psychological research. Moreover, with the growing emphasis on mental health issues, there is an increased demand for tools that can track and manage stress and emotional well-being, which is poised to directly impact the market dynamics.
Galvanic Skin Response Sensor Market Growth Drivers
Technological Developments Bolstering the Market Growth of Galvanic Skin Response Sensor
The galvanic skin response sensor is available in the form of a wearable sensor. The design and development of these health monitoring devices, which increase the comfort of the user, have received a great deal of attention. This is driving the demand for the galvanic skin response sensor. The market is primarily driven by the rising investments in the healthcare sector by government and non-government players. The market is also powered by technological advancements in miniature biosensor systems, microelectronics, smart textiles, and wireless communication and the availability of low-cost galvanic skin response sensors in low-cost, portable solutions for any location and continuous day-to-day mental, health, and behaviour tracking.
Launch of New Products to Meet Rising Galvanic Skin Response Sensor Market Demand
In August 2023 , a prominent manufacturer of sensor devices, SenTech Co., Ltd., launched an Emotion Recognition AI System that employs galvanic skin response (GSR) sensor technology to facilitate reliable and real-time analysis of human emotions. Sentech's AI system is expected to be a comprehensive solution for emotion recognition with promising applications in the field of healthcare, marketing, and entertainment. The introduction of such innovative galvanic skin response sensor-based devices by the key market players is anticipated to aid market expansion in the forecast period.
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Galvanic Skin Response Sensor Market Trends
The market is witnessing several trends and developments to improve the current global scenario. Some of the notable trends are as follows:
| Key Trends | Impact |
| Advancements in Wearable Technology | The market benefits from the rising advancements in wearable technology that are increasingly enabling the integration of galvanic skin response sensors with consumer-oriented devices such as smartwatches and fitness trackers. The data from such GSR devices can offer insights into stress levels, emotional reactions, and overall well-being. |
| Rising Investments in Research and Development | Increased investment in research and development activities to advance galvanic skin response sensor technology is a significant market trend that is leading to the introduction of more reliable and accurate sensor devices for use in the healthcare sector. |
| Growth in Telehealth Applications | The galvanic skin response sensor market value is influenced by the growth in telehealth services that stimulates the adoption of these sensors in remote monitoring systems, particularly as tracking devices for patients with mental health issues or stress-related disorders. |
| Increased Use in Educational and Research Settings | One of the major market trends is the increased use of galvanic skin response sensors in educational and research facilities for studying psychological and physiological responses under different parameters. The rising adoption of these sensors in facilitating academic research is poised to augment market demand. |
Galvanic Skin Response Sensor Market Segmentation
Market Breakup by Device Type
- Wired
- Wireless
Market Breakup by End User
- Hospitals
- Research Institutes
- Diagnostic Centres
- Homecare Settings
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Galvanic Skin Response Sensor Market Share
Market Segmentation Based on Device Type is Anticipated to Witness Substantial Growth
The market breakup by device type is segmented into wired and wireless galvanic skin response sensors. The wireless segment is rapidly growing driven by the rising advancements in wearable technology and the increasing preference for mobile solutions in health monitoring devices. Wireless galvanic skin response sensors are expected to draw significant market demand supported by technological improvements such as enhanced data transmission capabilities and longer battery life. On the other hand, wired sensors are used in settings where the precision and reliability of the data have to be particularly high, and uninterrupted data transmission is required.
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Galvanic Skin Response Sensor Market Analysis by Region
North America has one of the largest market share due to significant technological advancements in the healthcare and medical sector in the region as well as increased investments in research and development. In addition, the market growth is driven by the high adoption of smartwatches and wearable medical devices.
Europe is also a significant regional market in terms of demand for galvanic skin response sensors. The European market is driven primarily by a growing appetite for continuous patient monitoring and diagnosis. The Asia Pacific region is expected to emerge as a major market in the coming years aided by the growing technological advancements, an increase in disposable income, as well as rising investments by different players.
Leading Players in the Galvanic Skin Response Sensor Market
The key features of the market report comprise patent analysis and strategic initiatives by the leading key players including mergers and collaborations along with new product launches. The major companies in the market are as follows:
Shimmer Research Ltd
Shimmer Research Ltd is a sensor manufacturing company that designs and develops wearable technologies. It specializes in providing clinical-grade biophysical and movement sensors including galvanic skin response sensors.
Mindfield Biosystems Ltd.
Mindfield Biosystems Ltd. is a medical technology manufacturer based in Germany and is widely known for its neurofeedback and biofeedback devices. The company offers comprehensive monitoring solutions integrated with GSR sensors and plays a significant role in boosting the galvanic skin response sensor market growth.
Empatica
Headquartered in Boston (Massachusetts), Empatica is a spinoff healthcare company of MIT Media Lab which has gained recognition for its medical-grade wearables. The company leverages AI and sensor technology in its devices particularly used for monitoring epilepsy and other neurological conditions.
NeuLog
NeuLog offers a wide range of sensors, including galvanic skin response sensors, for use in laboratories. NeuLog's sensors have an easy-to-use interface and real-time data-logging capabilities and thus are widely used by students and researchers learning about human physiology.
Other key players in the market include ZYTO Technologies, Qubit Systems, Movisens GmbH, and Vernier, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Device Type |
|
| Breakup by End User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Supplier Landscape |
|
| Companies Covered |
|
Key Questions Answered in the Galvanic Skin Response Sensor Market Report
- What was the global galvanic skin response sensor market value in 2023?
- What is the global galvanic skin response sensor market forecast outlook for 2024-2032?
- What are the regional markets covered in the EMR report?
- What is market segmentation based on device type?
- What is the market breakup based on end user?
- What are the major factors aiding the global galvanic skin response sensor market demand?
- How has the market performed so far and how is it anticipated to perform in the coming years?
- What are the market's major drivers, opportunities, and restraints?
- Which regional market is expected to lead the market share in the forecast period?
- What are the major global galvanic skin response sensor market trends?
- Which country is expected to experience expedited growth during the forecast period?
- How does the advancement in biosensor technology affect the market landscape?
- Which device type will dominate the market share?
- Which end use is projected to contribute to the highest market growth?
- Who are the key players involved in the galvanic skin response sensor market?
- What are the current unmet needs and challenges in the market?
- How are partnerships, collaborations, and mergers & acquisitions among the key market players shaping the market dynamics?
*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.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Galvanic Skin Response Sensor Market Overview
3.1 Global Galvanic Skin Response Sensor Market Historical Value (2017-2023)
3.2 Global Galvanic Skin Response Sensor Market Forecast Value (2024-2032)
4 Vendor Positioning Analysis
4.1 Key Vendors
4.2 Prospective Leaders
4.3 Niche Leaders
4.4 Disruptors
5 Global Galvanic Skin Response Sensor Market Landscape*
5.1 Global Galvanic Skin Response Sensor: Developers Landscape
5.1.1 Analysis by Year of Establishment
5.1.2 Analysis by Company Size
5.1.3 Analysis by Region
5.2 Global Galvanic Skin Response Sensor: Product Landscape
5.2.1 Analysis by Device Type
6 Global Galvanic Skin Response Sensor Market Dynamics
6.1 Market Drivers and Constraints
6.2 SWOT Analysis
6.2.1 Strengths
6.2.2 Weaknesses
6.2.3 Opportunities
6.2.4 Threats
6.3 PESTEL Analysis
6.3.1 Political
6.3.2 Economic
6.3.3 Social
6.3.4 Technological
6.3.5 Legal
6.3.6 Environment
6.4 Porter’s Five Forces Model
6.4.1 Bargaining Power of Suppliers
6.4.2 Bargaining Power of Buyers
6.4.3 Threat of New Entrants
6.4.4 Threat of Substitutes
6.4.5 Degree of Rivalry
6.5 Key Demand Indicators
6.6 Key Price Indicators
6.7 Industry Events, Initiatives, and Trends
6.8 Value Chain Analysis
7 Global Galvanic Skin Response Sensor Market Segmentation (2017-2032)
7.1 Global Galvanic Skin Response Sensor Market (2017-2032) by Device Type
7.1.1 Market Overview
7.1.2 Wired
7.1.3 Wireless
7.2 Global Galvanic Skin Response Sensor Market (2017-2032) by End User
7.2.1 Market Overview
7.2.2 Hospitals
7.2.3 Research Institutes
7.2.4 Diagnostic Centers
7.2.5 Homecare Settings
7.2.6 Others
7.3 Global Galvanic Skin Response Sensor Market (2017-2032) by Region
7.3.1 Market Overview
7.3.2 North America
7.3.3 Europe
7.3.4 Asia Pacific
7.3.5 Latin America
7.3.6 Middle East and Africa
8 North America Galvanic Skin Response Sensor Market (2017-2032)
8.1 North America Galvanic Skin Response Sensor Market (2017-2032) by Device Type
8.1.1 Market Overview
8.1.2 Wired
8.1.3 Wireless
8.2 North America Galvanic Skin Response Sensor Market (2017-2032) by End User
8.2.1 Market Overview
8.2.2 Hospitals
8.2.3 Research Institutes
8.2.4 Diagnostic Centers
8.2.5 Homecare Settings
8.2.6 Others
8.3 North America Galvanic Skin Response Sensor Market (2017-2032) by Country
8.3.1 United States of America
8.3.2 Canada
9 Europe Galvanic Skin Response Sensor Market (2017-2032)
9.1 Europe Galvanic Skin Response Sensor Market (2017-2032) by Device Type
9.1.1 Market Overview
9.1.2 Wired
9.1.3 Wireless
9.2 Europe Galvanic Skin Response Sensor Market (2017-2032) by End User
9.2.1 Market Overview
9.2.2 Hospitals
9.2.3 Research Institutes
9.2.4 Diagnostic Centers
9.2.5 Homecare Settings
9.2.6 Others
9.3 Europe Galvanic Skin Response Sensor Market (2017-2032) by Country
9.3.1 United Kingdom
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Others
10 Asia Pacific Galvanic Skin Response Sensor Market (2017-2032)
10.1 Asia Pacific Galvanic Skin Response Sensor Market (2017-2032) by Device Type
10.1.1 Market Overview
10.1.2 Wired
10.1.3 Wireless
10.2 Asia Pacific Galvanic Skin Response Sensor Market (2017-2032) by End User
10.2.1 Market Overview
10.2.2 Hospitals
10.2.3 Research Institutes
10.2.4 Diagnostic Centers
10.2.5 Homecare Settings
10.2.6 Others
10.3 Asia Pacific Galvanic Skin Response Sensor Market (2017-2032) by Country
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 ASEAN
10.3.5 Australia
10.3.6 Others
11 Latin America Galvanic Skin Response Sensor Market (2017-2032)
11.1 Latin America Galvanic Skin Response Sensor Market (2017-2032) by Device Type
11.1.1 Market Overview
11.1.2 Wired
11.1.3 Wireless
11.2 Latin America Galvanic Skin Response Sensor Market (2017-2032) by End User
11.2.1 Market Overview
11.2.2 Hospitals
11.2.3 Research Institutes
11.2.4 Diagnostic Centers
11.2.5 Homecare Settings
11.2.6 Others
11.3 Latin America Galvanic Skin Response Sensor Market (2017-2032) by Country
11.3.1 Brazil
11.3.2 Argentina
11.3.3 Mexico
11.3.4 Others
12 Middle East and Africa Galvanic Skin Response Sensor Market (2017-2032)
12.1 Middle East and Africa Galvanic Skin Response Sensor Market (2017-2032) by Device Type
12.1.1 Market Overview
12.1.2 Wired
12.1.3 Wireless
12.2 Middle East and Africa Galvanic Skin Response Sensor Market (2017-2032) by End User
12.2.1 Market Overview
12.2.2 Hospitals
12.2.3 Research Institutes
12.2.4 Diagnostic Centers
12.2.5 Homecare Settings
12.2.6 Others
12.3 Middle East and Africa Galvanic Skin Response Sensor Market (2017-2032) by Country
12.3.1 Saudi Arabia
12.3.2 United Arab Emirates
12.3.3 Nigeria
12.3.4 South Africa
12.3.5 Others
13 Regulatory Framework
13.1 Regulatory Overview
13.2 US FDA
13.3 EU EMA
13.4 INDIA CDSCO
13.5 JAPAN PMDA
13.6 Others
14 Patent Analysis
14.1 Analysis by Type of Patent
14.2 Analysis by Publication Year
14.3 Analysis by Issuing Authority
14.4 Analysis by Patent Age
14.5 Analysis by CPC Analysis
14.6 Analysis by Patent Valuation
14.7 Analysis by Key Players
15 Strategic Initiatives
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership and Collaborations
15.3 Analysis by Joint Ventures
15.4 Analysis by Leading Players
15.5 Analysis by Geography
16 Supplier Landscape
16.1 Market Share Analysis, By Region (Top 5 Companies)
16.1.1 Market Share Analysis: Global
16.1.2 Market Share Analysis: North America
16.1.3 Market Share Analysis: Europe
16.1.4 Market Share Analysis: Asia-Pacific
16.1.5 Market Share Analysis: Others
16.2 Shimmer Research Ltd
16.2.1 Financial Analysis
16.2.2 Product Portfolio
16.2.3 Demographic Reach and Achievements
16.2.4 Mergers and Acquisitions
16.2.5 Certifications
16.3 Mindfield Biosystems Ltd.
16.3.1 Financial Analysis
16.3.2 Product Portfolio
16.3.3 Demographic Reach and Achievements
16.3.4 Mergers and Acquisitions
16.3.5 Certifications
16.4 Empatica
16.4.1 Financial Analysis
16.4.2 Product Portfolio
16.4.3 Demographic Reach and Achievements
16.4.4 Mergers and Acquisitions
16.4.5 Certifications
16.5 NeuLog
16.5.1 Financial Analysis
16.5.2 Product Portfolio
16.5.3 Demographic Reach and Achievements
16.5.4 Mergers and Acquisitions
16.5.5 Certifications
16.6 ZYTO Technologies
16.6.1 Financial Analysis
16.6.2 Product Portfolio
16.6.3 Demographic Reach and Achievements
16.6.4 Mergers and Acquisitions
16.6.5 Certifications
16.7 Qubit Systems
16.7.1 Financial Analysis
16.7.2 Product Portfolio
16.7.3 Demographic Reach and Achievements
16.7.4 Mergers and Acquisitions
16.7.5 Certifications
16.8 Movisens GmbH
16.8.1 Financial Analysis
16.8.2 Product Portfolio
16.8.3 Demographic Reach and Achievements
16.8.4 Mergers and Acquisitions
16.8.5 Certifications
16.9 Vernier
16.9.1 Financial Analysis
16.9.2 Product Portfolio
16.9.3 Demographic Reach and Achievements
16.9.4 Mergers and Acquisitions
16.9.5 Certifications
16.10 Qubit Systems
16.10.1 Financial Analysis
16.10.2 Product Portfolio
16.10.3 Demographic Reach and Achievements
16.10.4 Mergers and Acquisitions
16.10.5 Certifications
17 Global Galvanic Skin Response Sensor Market – Distribution Model (Additional Insight)
17.1 Overview
17.2 Potential Distributors
17.3 Key Parameters for Distribution Partner Assessment
18 Key Opinion Leaders (KOL) Insights (Additional Insight)
*Additional insights provided are customisable as per client requirements.
* The coverage of the Market Landscape section depends on the data availability and may cover a minimum of 80% of the total market. The EMR team strives to make this section as comprehensive as possible.
**The supplier list is not exhaustive. Moreover, we can provide analysis of companies as per custom requests.
Key Questions Answered in the Report
In 2023, the market attained a value of nearly USD 24.39 billion.
The market is projected to grow at a CAGR of 8.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 49.99 billion by 2032.
The growth of the market is being driven by the rising population, increased disposable incomes, increasing technological advancements, growing adoption of wearable medical devices, and increasing R&D activities.
The increasing investments in healthcare by government and private organisations, technological advancements in miniature biosensor systems, and the growing availability of low-cost galvanic skin response sensors are the key trends fuelling the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading device types in the market are wired and wireless.
Hospitals, research institutes, diagnostic centres, and homecare settings, among others, are the various end uses of galvanic skin response sensor.
The major players in the market are Maxim Integrated Products Inc., Mindfield Biosystems Ltd., Shimmer Research Ltd, and Brain Support Corporation, among others.
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