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Galvanic Skin Response Sensor Market

Global Galvanic Skin Response Sensor Market Size, Growth: By Device Type: Wired, Wireless; By End Use: Hospitals, Research Institutes, Diagnostic Centres, Homecare Settings, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Galvanic Skin Response Sensor Market Outlook

The global galvanic skin response sensor market is being driven by the growing biosensor market, which reached a value of USD 24.39 billion in 2023. The biosensor market is further expected to grow at a CAGR of 8.3% in the forecast period of 2024-2032 to reach a value of around USD 49.99 billion by 2032. 

 

Global Galvanic Skin Response Sensor Market

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North America to be a Significant Regional Market for the Galvanic Skin Response Sensor Industry

The global market for galvanic skin response sensor is significantly aided by the industry growth in North America. North America has the one of the largest market share in the market for galvanic skin sensor response 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 in the region. 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 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.

 

Galvanic Skin Response Sensor: Market Segmentation

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 serves as an indicator of physiological and psychological arousal.

 

Global Galvanic Skin Response Sensor Market By Device Type

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Based on device type, the industry can be divided into the following:

  • Wired
  • Wireless

Galvanic skin response sensor finds its end-uses in the following sectors:

  • Hospitals
  • Research Institutes
  • Diagnostic Centres
  • Homecare Settings
  • Others

The regional markets for galvanic skin response sensor can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Galvanic Skin Response Sensor Market

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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, has received a great deal of attention, which is driving the demand for the galvanic skin response sensor. The galvanic skin sensor response industry 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.

 

Key Industry Players in the Global Galvanic Skin Response Sensor Market

The report gives a detailed analysis of the following key players in the global galvanic skin response sensor market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Maxim Integrated Products Inc.
  • Mindfield Biosystems Ltd.
  • Shimmer Research Ltd
  • Brain Support Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

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:

  • Device Type
  • End Use
  • Region
Breakup by Device Type
  • Wired
  • Wireless
Breakup by End Use
  • Hospitals
  • Research Institutes
  • Diagnostic Centres
  • Homecare Settings
  • 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
  • Maxim Integrated Products Inc.
  • Mindfield Biosystems Ltd.
  • Shimmer Research Ltd
  • Brain Support Corporation
  • 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.

 

*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
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 Galvanic Skin Response Sensor Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Galvanic Skin Response Sensor Historical Market (2018-2023) 
    8.3    Global Galvanic Skin Response Sensor Market Forecast (2024-2032)
    8.4    Global Galvanic Skin Response Sensor Market by Device Type
        8.4.1    Wired
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Wireless
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Galvanic Skin Response Sensor Market by End Use
        8.5.1    Hospitals
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Research Institutes
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Diagnostic Centres
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Homecare Settings
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others
    8.6    Global Galvanic Skin Response Sensor Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Galvanic Skin Response Sensor Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Galvanic Skin Response Sensor Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Galvanic Skin Response Sensor Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Galvanic Skin Response Sensor Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Galvanic Skin Response Sensor Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    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    Maxim Integrated Products Inc.
            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    Mindfield Biosystems Ltd.
            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    Shimmer Research Ltd
            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    Brain Support Corporation
            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    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Galvanic Skin Response Sensor Market: Key Industry Highlights, 2018 and 2032
2.    Global Galvanic Skin Response Sensor Historical Market: Breakup by Device Type (USD Billion), 2018-2023
3.    Global Galvanic Skin Response Sensor Market Forecast: Breakup by Device Type (USD Billion), 2024-2032
4.    Global Galvanic Skin Response Sensor Historical Market: Breakup by End Use (USD Billion), 2018-2023
5.    Global Galvanic Skin Response Sensor Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6.    Global Galvanic Skin Response Sensor Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Galvanic Skin Response Sensor Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Galvanic Skin Response Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Galvanic Skin Response Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Galvanic Skin Response Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Galvanic Skin Response Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Galvanic Skin Response Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Galvanic Skin Response Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Galvanic Skin Response Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Galvanic Skin Response Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Galvanic Skin Response Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Galvanic Skin Response Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Galvanic Skin Response Sensor Market Structure

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.

Analyst Review

The global galvanic skin response sensor market is being driven by the rising biosensor industry, which reached a value of USD 24.39 billion in 2023. Aided by the growing R&D activities, the biosensor market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 8.3%. The biosensor market is projected to reach USD 49.99 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By device type, the market is bifurcated into wired and wireless. Based on end use, the industry is divided into hospitals, research institutes, diagnostic centres, and homecare settings, among others. The major regional markets for galvanic skin response sensor are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Maxim Integrated Products Inc., Mindfield Biosystems Ltd., Shimmer Research Ltd, and Brain Support Corporation, 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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