About Dehydration Monitoring Systems
Dehydration is defined as the condition in which water in the body drops below normal levels. In addition, it is mostly caused by illness, sweating, not drinking enough and others. Rising demand for non-invasive dehydration monitoring system from the consumer end, rise in demand for dehydration monitoring systems in the disease diagnosis, and growing geriatric population with high susceptance to dehydration are the major drivers which are propelling the growth of the market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
CAGR | 10.3% |
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global dehydration monitoring systems market can witness an upsurge in the forecast period. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Dehydration Monitoring Systems market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nix, Inc. (Japan), Bitome Inc. (United States), Kenzen, Inc. (United States), BSX Technologies (United States), EchoLabs (United States), Epicore Biosystems, Inc. (United States), Indiegogo, Inc. (United States) and Szone group co.,Ltd (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Dehydration Monitoring Systems market by , Application (Disease Diagnosis, Drug Abuse Detection and Athletic Performance Optimization) and Region.
On the basis of geography, the market of Dehydration Monitoring Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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). If we see Market by Wearable Devices, the sub-segment i.e. Wrist Bands will boost the Dehydration Monitoring Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mobile Devices, the sub-segment i.e. Wireless Chemical Sensors will boost the Dehydration Monitoring Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel Type, the sub-segment i.e. Retail Outlets will boost the Dehydration Monitoring Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement in Dehydration Monitoring Systems and Increasing Adoption of the Dehydration Monitoring Devices by the Individuals
Market Growth Drivers:
Growing Awareness about the General Health and Well-Being and the Availability of Related Solutions, Increased Favor to Sports and Athletic Activities among the Youth, A Growing Pool of Geriatric and Pediatric Patients Demanding Continuous Monitoring and Exponentially High Penetration of Fitness Tracking Solutions and Wearables
Challenges:
Issue related to High Prices of Dehydration Monitoring System Products
Restraints:
Lack of Awareness among People for Smart Devices
Opportunities:
Rising Demand from Emerging Economics such as China and India
Market Leaders and their expansionary development strategies
In October 2023, Abbott Laboratories acquires Hydration Therapeutics, a developer of innovative hydration monitoring technologies, to expand its product offerings and enhance its presence in the healthcare monitoring market. This acquisition will allow Abbott Laboratories to provide healthcare providers with advanced tools for assessing and managing patient hydration levels.
In November 2023, Osmo has Launched the Hydration Tracking Patch, a wearable patch that provides continuous hydration monitoring using optical sensors.
Key Target Audience
Dehydration Monitoring Systems Companies, Research and Development Companies, Government Regulatory Authorities, Product Sales and Distribution Companies and Market Research and Consulting Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.