Body Area Network (BAN) Market 2019- Wireless Sensor Networks’ Growth, Pricing, Features, Reviews & Comparison of Alternatives with Global Industry to Observe Strong Development by 2025

Body Area Network (BAN) Market 2019- Wireless Sensor Networks’ Growth, Pricing, Features, Reviews & Comparison of Alternatives with Global Industry to Observe Strong Development by 2025

“”Body Area Network Market””
Body Area Network Market Research Report 2019: Industry Size, Share, Trends, Growth, Sales, Revenue, Risk and Opportunity Assessment with Regional Analysis and Segmentation By Device (Wearable Devices (Smart Bands, Smartwatches, Smart Earphones) Implantable), By Technology (Bluetooth Low Energy, Zigbee, Wi-Fi, Others) by Application (Medical and Fitness, Sports, Security, Military, Others) and by Region- Forecast till 2025

Global Body Area Network Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Risk and Opportunity Assessment, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.

The Key Players in the Body Area Network Market are –

Apple  Inc.(US), Fitbit (US), Samsung Electronics Co., Ltd (South Korea), Garmin Ltd. (US), Fossil Group, Inc. (US), Xiaomi Corporation (China), Huawei Technologies Co., Ltd. (China), Casio Computer Co., Ltd. (Japan), LG Electronics Inc. (South Korea), Medtronic plc (US), Bragi (Germany), Polar Electro Oy (Finland), Mobvoi Information Technology Company Limited (China), GOQii (US), Suunto Oy (Finland), Withings (France), AsusTek Computer Inc. (Taiwan), Abbott Laboratories (US), Huami Corporation (China), and Matrix Industries (US), Sony Corporation (Japan).

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Market Highlights

Body Area Network Market is expected to grow from USD 9.09 Billion in 2018 to USD 21 Billion by 2025, at a CAGR of 13% during the forecast period.

Body area network is basically a short-range wireless network comprising devices positioned in, on, and around the body that can be connected and communicate. It is a type of personal network that uses wearable and implanted electronic circuits. It implements highly useful functions and capabilities inconvenient and unobtrusive configurations that operate at very low power and deliver superior security. BAN has applications in the military where it is used to monitor the physical locations of field personnel. The vital signs of solider’s can be tracked similar to healthcare patients as part of monitoring their physical well-being.

Intended Audience

  • Smart Device manufacturers
  • Technology providers
  • Original Equipment manufacturers
  • Equipment distributors and suppliers
  • Technology standards organizations
  • Technology investors
  • System Integrators
  • Research institutes, organizations, and consulting companies

Competitive Analysis

Companies are continuously striving to innovate and develop advanced features for BNA, especially for implementing wireless sensor networks that can serve smart societies. BNA is still in its nascent stage and it is expected that BAN products will rapidly become popular and the sales will go high, just as has been the case for many types of personal electronic devices. However, system engineers aiming at developing BANs and wireless sensor networks are typically facing design challenges in two areas that impact the reliability of the network communication—signal weakness and noise interference.

Key Developments

  • In October 2019, Sony Corporation launched a platform, called safety that combines a connected wearable device, a wristwatch, with a cloud-based backend solution to provide health systems, and app developers a ready-made platform to build remote health monitoring and mobile health applications.
  • In August 2019, Fitbit Inc. introduced Fitbit Aria Air, a wearable device that uses a low-cost Bluetooth scale to track weight and synchronizes with the Fitbit app to calculate BMI. It also gives users a comprehensive view of their trends over time alongside their activity, heart rate, sleep and nutrition data within the Fitbit app.

Segmentation

The global Body Area Network Market has been segmented based on device, application, and region.

On the basis of the device, the market has been segmented into wearable devices and implantable. The wearable devices segment is further sub-segmented into smart bands, smartwatches, and smart earphones.

By technology, the market has been segmented into Bluetooth low energy (BLE), Zigbee, Wi-Fi, and others.

Based on application, the market has been segmented into medical and fitness, sports, security, military, and others.

The global body area network market, by region, has been classified into North America, Europe, Asia-Pacific, the Middle East & Africa, and Central and South America.

Regional Analysis

The global body area network market is projected to grow at a significant rate during the forecast period from 2019 to 2025. The geographic analysis of the global body area network market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central and South America.

North America is dominating the market owing to a surge in the adoption of various smart devices including fitness trackers, smartwatches, implantable devices among others. Also, the rate of chronic diseases and growing healthcare costs are boosting the growth of the body area network market in North America. Furthermore, Asia-Pacific is expected to be the fastest-growing region during the forecast period owing to growing initiatives by the government to promote curation in the form of digital health records. Also, the demand for better health-related services is expected to fuel the growth of the market in the coming years. The Middle East and Africa region is expected to show significant growth during the forecast period.

Table of Contents

1 Executive Summary

2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.3 Research Objectives
2.4 Markets Structure

3 Research Methodology

4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of Substitutes
4.1.4 Intensity of Rivalry
4.1.5 Bargaining Power of Suppliers
4.2 Value Chain/supply Chain of the Global Body Area Network Market Market

5 Market Landscape
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Restraints

6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis

Continued…………

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List of Tables

Table 1 Global Body Area Network Market, by Device, 2019–2025
Table 2 Global Body Area Network Market, by Technology, 2019–2025
Table 3 Global Body Area Network Market, by Application, 2019–2025
Table 4 Global Body Area Network Market, by Region, 2019–2025
Table 5 North America: Body Area Network Market, by Country, 2019–2025
Table 6 North America: Body Area Network Market, by Device, 2019–2025
Table 7 North America: Body Area Network Market, by Technology, 2019–2025

Continued………

List of Figures

Figure 1 Global Body Area Network Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of the Global Body Area Network Market
Figure 4 Value Chain of the Global Body Area Network Market
Figure 5 Share of the Global Body Area Network Market in 2018, by Country (in %)
Figure 6 Global Body Area Network Market, 2019–2025
Figure 7 Global Body Area Network Market Size, by Device, 2018

Continued…….

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