Dehydration Monitoring Systems Market Report (2022 to 2030) – Nix Inc., EchoLabs, Kenzen Inc., Bitome Inc. and Indiegogo Inc.
Pune, Dec. 23, 2022 (GLOBE NEWSWIRE) — According to a new market research report titled, “Global Dehydration Monitoring Systems Market by Product (Mobile Devices, Wearable Devices), by Application (Disease Diagnosis, Drug Abuse Detection, Athletic Performance Optimization) – Global Outlook & Forecast 2022-2030″ published by Growth Plus Reports, the dehydration monitoring systems market is expected to grow at a CAGR of 8.5% from 2021 to reach US$ 948.15 million by 2030. Owing to the adoption of advanced technologic with shift towards healthy lifestyle.
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The prime factors driving the global market for dehydration monitoring systems is the increased adoption of cutting-edge technology to offer new dehydration monitoring applications and different analytical approaches, such as employing sensor systems. Additionally, the substantial shift in how people see health and fitness and the rise in demand for non-invasive monitoring systems are crucial factors in expanding the global market. The need for dehydration monitoring systems is rising due to an aging population, growth in sports and athletic activities, and an increase in the use of dehydration parameters as a disease diagnostic tool. The development of monitoring technologies, such as automatic hydration testing systems in watches, sweat sensors, and body weight analysis, also promotes expanding the global market. The key ongoing product launches of innovative goods are also anticipated to accelerate the global market expansion.
The global dehydration monitoring systems market has been analyzed from three perspectives – product, application, and region.
Excerpts from ‘By Product Segmentation’
Based on the product types, the global dehydration monitoring systems market is divided into:
- Wearable Devices
The mobile devices segment holds the largest worldwide market share in 2021. The wearable devices market has the fastest growth rate in the forecasting period of 2022 to 2021. The segment’s robust CAGR can be ascribed to the growing demand for wearable dehydration monitoring technologies, which are non-invasive and enable rapid analysis. The need for wearable devices is also rising due to the aging population, which is more prone to dehydration, and an increase in sports and athletic activities. The category’s expansion is also fueled by innovation, including real-time hydration notifications, sweat rate assessments, wrist-based heart rates, smart alarms, mood inputs, and others.
Excerpts from ‘By Application Segmentation’
Based on application, the global dehydration monitoring systems market is categorized into
- Disease Diagnosis
- Drug Abuse Detection
- Athletic Performance Optimization
Athletic performance optimization dominates the global dehydration monitoring systems market with the largest market share in 2021. The segment’s substantial share can be due to the rising use of these gadgets in sports and athletics. The need for such specialized and innovative technologies is expanding as professional sports continue to rise. Furthermore, athletes need to check their hydration levels for optimal performance, necessitating dehydration monitoring systems, which drive the segment’s growth. The market is expanding due to the rise in dehydration monitoring device innovation, which aims to create better, more accurate tools to help athletes prevent dehydration and improve their performance.
Excerpts from ‘By Region Segmentation’
Based on region, the global dehydration monitoring systems market has been segmented into
- North America
- Asia Pacific
- Rest of the World
North America dominated the global dehydration monitoring systems market in 2021, followed by Europe and Asia Pacific. A critical factor in the region’s growth is the increase in patients with chronic and lifestyle disorders. Additionally, a highly developed IT sector in the healthcare industry is attempting to create wearable technology and smartphone applications to track bodily moisture levels and their effects on visceral organs. Athletes increasingly use wearable technology to improve performance and government healthcare organizations to diagnose diseases, driving regional growth. Additionally, the rise in the region’s per capita income is contributing to regional development.
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Excerpts from ‘Competitive Landscape’
The prominent players operating in the global dehydration monitoring systems market are
- Nix Inc.
- BSX Technologies
- Kenzen Inc.
- Bitome Inc.
- Indiegogo Inc.
- The Trendlines Group
- Epicore Biosystems Inc.
- Design to Value Ltd.
- LVL Technologies Inc.
Table of Content
- Market Ecosystem
- Timeline Under Consideration
- Historical Years – 2020
- Base Year – 2021
- Forecasted Years – 2022 to 2030
- Currency Used in the Report
- RESEARCH METHODOLOGY
- Research Approach
- Data Collection Methodology
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Approach
- Bottom Up
- Top Down
- Market Forecasting Model
- Limitations and Assumptions
- PREMIUM INSIGHTS
- Current Market Trends (COVID-19 Perspective)
- Key Players & Competitive Positioning (2021)
- MARKET DYNAMICS
- GLOBAL DEHYDRATION MONITORING SYSTEMS MARKET – ANALYSIS & FORECAST, BY PRODUCT
- Mobile Devices
- Wireless Chemical Sensors
- Biomedical Sensors
- Optical Sensors
- Wearable Devices
- Adhesive Patches
- Head Bands
- Mobile Devices
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