A Research and Markets report found the global wearable health sensors market will likely grow at a compound annual growth rate of 42.89 percent between 2014 and 2020.
Here are four observations:
1. The global market is anticipated to reach $48.63 million by 2018.
2. Miniaturization of physiological sensors, more advanced function sensors in smart gadgets and battery size enhancements will spur market growth.
3. A lack of standards as well as interoperability complications will pose as barriers to market growth.
4. Key market players include Panasoni, Freescale Semiconductor, Analog Devices, Infineon Technologies, Samsung, Sony, Motorola, General Dynamics and Fraunhofer.