What is Wearables Environmental Monitoring Market?
Environmental contamination is increasingly being monitored through wearable sensors. Research in the four areas of greatest relevance urbanization, climate change, digitization, and advances in hardware development have sparked this growth. As a result of increased traffic, there will be more noise and air pollution. In addition, metropolitan areas are suffering from the effects of climate change, such as more days with a hot, stagnant environment. As a result, environmental contamination happens more frequently, over a longer period of time, and with greater intensity, with adverse health effects on citizens. In this context, digitalization is a key factor in the development of new methods for gathering, evaluating, and monitoring environmental stressors with wearable sensor technologies that aid in the exploration of the urban human exposome, which is referred to as an individual's lifetime cumulative exposure to environmental factors.
Highlights from Wearables Environmental Monitoring Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Danaher Corporation (United States), Thermo Fisher Scientific (United States), General Electric (United States), 3M Company (United States), Agilent Technologies (United States), TE Connectivity (United States), Siemens (Germany), ThermoFisher Scientific (United States), Emerson Electric (United States) and Merck KGaA (Germany) |
The players are now exploring the market using their preferred techniques, which include mergers and acquisitions, expansions, investments, new product developments, and collaborations. Also, they expand into new markets and sectors through acquisitions and mergers in order to take advantage of synergies between their businesses and gain a competitive edge.
Danaher Corporation (United States), Thermo Fisher Scientific (United States), General Electric (United States), 3M Company (United States), Agilent Technologies (United States), TE Connectivity (United States), Siemens (Germany), ThermoFisher Scientific (United States), Emerson Electric (United States) and Merck KGaA (Germany) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Honeywell International Inc (United States), Shimadzu Corp. (Japan), PerkinElmer Corporation (United States), Horiba (Japan), Teledyne Technologies Incorporated (United States) and Spectris (United Kingdom). Wearables Environmental Monitoring Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Air Pollution Monitoring, Water Pollution Monitoring, Soil Pollution Monitoring and Noise Pollution Monitoring |
Type | Environmental Monitoring Sensors {Indoor and Outdoor Sensors}, Indoor Environmental Monitors { Portable and Fixed Indoor Monitor}, Out Door Environmental Monitors {Portable and Fixed Outdoor Monitor}, Environmental Monitoring Software and Wearable Environmental Monitors |
On the basis of geography, the market of Wearables Environmental Monitoring has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for Wearable Devices in Developing Economies and The Internet of Things and Connected Devices Are Becoming More Popular (IoT)
Market Growth Drivers:
A Rise in Penetration of Internet of Things, Global Technological Literacy Population is Growing Rapidly and Growing Manufacturing of Wearable Devices in the Healthcare and Medical Industry
Challenges:
Problems with the Hardware And Software and Concerns with the Low Quality Wearables
Restraints:
High Cost Of Wearable Products and Concerns with the Privacy and Security
Opportunities:
Increasing Government Initiatives for Environmental Monitoring and Rapid Climate CHanges can create Opportunities for the Market Growth
Key Target Audience
Wearables Environmental Monitoring Manufacturers, Raw material suppliers, Government associations, Research organizations, New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Wearables Environmental Monitoring, Venture Capitalists and Private Equity Firms and End-Use Industry
In April 2020, According to Cranfield university, Wearable biosensors are being developed to help monitor the health of livestock, particularly dairy cows, with the aim of identifying the disease brucellosis at an earlier stage. Also, a portable test is being developed to allow rapid confirmatory diagnosis of suspected cases. This project is funded by the Department of Health and Social Care and Cranfield University is the collaboration’s academic lead, working with Scottish companies Biotangents and IceRobotics.
According to the data published by United States environment protection agency, in 2018, about 76 million tons of pollutants were emitted into the atmosphere in the U.S. As per the data from State of Global Air Organization, the 6 countries with the highest mortality burden attributable to air pollution in 2017 were China (1.2 million), India (1.2 million), Pakistan (128,000), Indonesia (124,000), Bangladesh (123,000), and Nigeria (114,000). The ambient PM2.5 contributed to 2.9 million deaths from heart disease, stroke, lung cancer, chronic lung disease, and respiratory infections in 2017; from which India and China accounted for nearly 52% of the total global PM2.5 attributable deaths.