Dublin, Nov. 11, 2022 (GLOBE NEWSWIRE) -- The "Global Asthma Warning Sensors Market, By Type (Wearable v/s Non-Wearable), By Technology (AI, IoT, Machine Learning, Others), By Parameter Measured (FEV1 v/s Peak Flow), By End User, By Region, Competition Forecast and Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
Global asthma warning sensors market is expected to show robust growth with an impressive CAGR in the forecast period, 2017-2027 on the account of rapidly increasing instances of asthma among the population
The need to monitor asthma cases and conditions in the population to avoid attacks and related morbidity is driving the growth of the global asthma warning sensors market in the upcoming five years. Moreover, depleting environmental conditions and increasing pollution ratios are further supporting the growth of the global asthma warning sensors market in the next five years.
Additionally, technological advancements in the health care system have led to the development of digital devices that alert patients of a possible asthma attack. These monitoring devices have the ability to monitor adherence, as well as it provides access to data so that it can be used to create alerts and information for the doctors and experts who are monitoring the patients. These advanced features of the asthma warning sensors are further substantiating the growth of the global asthma warning sensors market in the future five years.
Asthma warning sensors are a kind of connected inhalers that uses various technology like bluetooth sensors that is attached to detect medication use and share the data with physicians, may promote adherence to recommended controller medication use and proactively detect worsening of asthma symptoms. These devices specifically measure the pollutants that can set-off asthma attacks and warn people with asthma for probable attacks or worsening breathing conditions.
Wearable sensors are anticipated to hold the fastest growing CAGR value in the upcoming five years on the account of surging demand for the movable and wearable medical devices. These devices can keep a consistent and regular checks over the patient condition and prospective warning signs thus aiding the growth of the global asthma warning sensors market in the next five years.
Non-wearable sensors are expected to hold the largest revenue shares of the market and dominate the market segment in the future five years due to consistent demand from the asthma patients. Moreover, increasing instances and rapidly increasing cases of asthma is also driving the growth of the global asthma warning sensors market in the forecast period.
Holding the major shares of the global asthma warning sensors market are AT&T Inc., Siemens Healthineers AG, Sparo Labs, Reciprocal Labs Corporation (Propeller Health), AlerSense Inc., among others. Market players are actively involved in the research and technological development in the product developments.
The advanced technology has made it possible for the industry to provide excellent services through Asthma warning sensors. Further advancement would aid the market value and brand establishment in the future five years.
New market players may focus on the research and development to provide options that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
Objective of the Study:
- To analyze the historical growth of the market size of global asthma warning sensors market from 2017 to 2020.
- To estimate and forecast the market size of global asthma warning sensors market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global asthma warning sensors market based on type, technology, parameter measured, end user, competitional landscape, and regional distribution.
- To identify dominant region or segment in the global asthma warning sensors market.
- To identify drivers and challenges for global asthma warning sensors market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global asthma warning sensors market.
- To identify and analyze the profile of leading players operating in global asthma warning sensors market.
- To identify key sustainable strategies adopted by market players in global asthma warning sensors market.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global asthma warning sensors market.
- AT&T Inc.
- Siemens Healthineers AG
- Sparo Labs
- Reciprocal Labs Corporation (Propeller Health)
- AlerSense Inc.
Report Scope:
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
Asthma Warning Sensors Market, By Type:
- Wearable
- Non-Wearable
Asthma Warning Sensors Market, By Technology:
- AI
- IoT
- Machine Learning
- Others
Asthma Warning Sensors Market, By Parameter Measured:
- FEV1
- Peak Flow
Asthma Warning Sensors Market, By End User:
- Hospitals & Clinics
- Homecare
Asthma Warning Sensors Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Nigeria
- Kuwait
- South America
- Brazil
- Argentina
- Colombia
For more information about this report visit https://www.researchandmarkets.com/r/vcw07i
