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Photoplethysmography (PPG) Biosensors Market Trends

Report ID: GMI6090
Published Date: Jun 2023
Report Format: PDF

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Photoplethysmography Biosensors Market Trends

Smart wearables with PPG biosensors offer users the ability to monitor their heart rate, blood oxygen saturation, and other vital signs continuously. This real-time monitoring allows individuals to track their health and fitness levels, optimize their workout, and make informed decisions about their well-being. Additionally, PPG-based wearables provide valuable insights into heart rate variability, sleep patterns, stress levels, and exercise performance, empowering users to take control of their health and make positive lifestyle changes.

Moreover, the rise of telemedicine and remote patient monitoring further enhanced the demand for smart wearables with PPG biosensors. Remote monitoring using PPG wearables is particularly beneficial for patients with chronic conditions, allowing early detection of anomalies, timely intervention, and improved disease management.

Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

Photoplethysmography (PPG) biosensors industry size was worth USD 423.1 million in 2022 and is estimated to reach USD 1.2 billion by 2032 owing to higher integration into smaller, wearable medical devices to offer improved accuracy, reliability, and battery life.

The smart watches product segment recorded USD 170.3 million in 2022 and is poised to gain significant prominence due to the continuous introduction of new innovative smartwatches.

U.S. market generated USD 143.9 million in 2022 and is projected to grow at a notable pace through 2032 driven by the increasing adoption of wearable health monitoring devices across the nation.

Some of the key market players include Apple Inc, Fitbit Inc, Samsung Electronics Co., Ltd., Garmin Ltd, Xiaomi Corporation, Omron Healthcare, Inc., Valencell. Inc, Mediatek, Masimo Corporation, Empatica Inc, among others.