A wireless sensor system for healthcare typically has four integral parts, namely the sensor, a body area network (BAN), a server application, and a gateway device or a fixed hub. Recent advancements in semiconductor, networking, and material science technologies are driving the ubiquitous deployment of large-scale wireless sensor networks (WSNs).
The Asian wireless sensor networks market, mainly driven by its convenience feature and the advancements in designs, was valued at $0.65 billion in 2013 and is expected to reach $2.13 billion by 2018, at a CAGR of 26.9% from 2013 to 2018.
The report analyzes the market in terms of 2 segments, such as wearable and implantable wireless sensor networks. The Asian market is dominated by the wearable sensors segment, valued at $0.55 billion in 2013 and estimated to reach $1.81 billion by 2018. The market is projected to grow due to the increase in the number of chronically ill and aging population.
China led the Asian wireless sensor networks market in the healthcare industry with 42% share in 2013, and is expected to reach $0.88 billion by 2018, at a CAGR of 26.3% during the period under consideration. The Asian market is expected to augur significant growth in the coming years. It is growing at the fastest pace, as compared to the other regions, owing to the presence of emerging countries such as India and China, which offer huge potential for growth.
The report also provides an extensive competitive landscaping of the leading companies operating in this market. The main companies extensively covered in this report are Qualcomm Inc., Aerohive Networks Inc., Siemens Healthcare, GE Healthcare, Cisco Systems Inc., Mckesson Corp, and Intel Corp, among others.
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North America Wireless Technologies
North America wireless technologies market, mainly driven by the need for better quality healthcare delivery and the shift from clinical care to home care healthcare industry was pegged at $7.37 billion in 2013 and expected to reach $16.40 billion by 2018, growing at a CAGR of 17.3%.
Europe Wireless Technologies
Europe Wireless technologies market, mainly driven by the need for better quality healthcare delivery and the shift from clinical care to home care healthcare industry was pegged at $5.89 billion in 2013 and expected to reach $12.73 billion by 2018, growing at a CAGR of 16.7%.
Asia-Pacific Wireless Technologies
Asia Wireless technologies market, mainly driven by the need for better quality healthcare delivery and the shift from clinical care to home care healthcare industry was pegged at $2.26 billion in 2013 and expected to be $6.42 billion by 2018, growing at a CAGR of 23.2%.