Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 445.6 million | USD 823.1 million | 7.18% | 2023 |
The dehydration monitoring systems market is set for a rapid growth over the forecast period. In terms of revenue, the global dehydration monitoring systems market size was USD 445.6 Million in 2023 and is expected to Reach USD 823.1 Million by 2032, growing at a CAGR of around 7.18%.
The drive for dehydration monitoring systems market has stemmed from the role of smart medical sensors in preventing morbidities of serious illnesses caused due to lack of hydration. In wide range of patient populations, wearable has been imparting strides to the expansion of new market opportunities. The increasing interest of sports industry is expanding the horizon for manufacturers in the dehydration monitoring systems market. Advances in sensors, especially in biological and chemical sensors, is expected to bolster the demand for dehydration monitoring systems over the forecast timeframe.
The dehydration monitoring systems have standalone sensor systems which help in measuring the dehydration in the elderly or young children. The dehydration monitoring systems are available in different types such as wearable hydration monitoring devices or mobile devices in order to detect the level of dehydration. The dehydration monitoring systems have embedded sensor systems which include biomedical sensors, optical sensor systems, and wireless chemical sensors that indicate the level of the dehydration with the help of the green or red LED lights.
The major factors that are driving the growth of the dehydration monitoring systems are the shifting focus of the individuals towards fitness and smart health choices, availability of the cost effective and improved versions of the dehydration monitoring systems, and the availability of the various forms of the dehydration monitoring systems. Increase in the demand for the non-invasive dehydration monitoring system by the consumers is another reason that is triggering the growth of the market. Other factors that are contributing to the growth of the market are the increasing geriatric population that is highly susceptible to dehydration and the increased usage of the dehydration monitoring systems in the diagnosis of several diseases. The factor that is limiting the growth of the market is the low awareness level among the people about the advantages of the dehydration monitoring systems.
The researchers at the ETH Zurich University in Switzerland have developed a system called Accurate Model for Bio-Composition Analysis (AMBICA) which helps in detecting whether a child is dehydrated. This system is comparatively cheap and is easy to use. It uses the electrical impedance to measure the changes in the hydration level.
The demand for dehydration monitoring systems is increasing to track the body's water levels as they fluctuate with bodily functions such as sweating, urination, and bowel movements. These devices are crucial for detecting excessive water loss and dehydration. It is essential to increase fluid intake to compensate for fluid loss caused by conditions like diarrhea, vomiting, or increased urination.
Dehydration monitoring systems have extensive applications in disease diagnosis, drug abuse detection, and optimizing athletic performance, driving the demand for these devices. Typically, these systems feature stand-alone sensors that measure dehydration, contributing to the expected growth in the dehydration monitoring systems market.
Report Attributes | Report Details |
---|---|
Report Name | Dehydration Monitoring Systems Market |
Market Size in 2023 | USD 445.6 Million |
Market Forecast in 2032 | USD 823.1 Million |
Growth Rate | CAGR of 7.18% |
Number of Pages | 207 |
Key Companies Covered | Nix, Inc, Bitome Inc, Kenzen, Inc, BSX Technologies, EchoLabs, and others |
Segments Covered | By Product, By Application, By Distribution Channel, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global market for the dehydration monitoring systems is fragmented into its product type, application, and the distribution channel. Based on the product type, the global market is segregated into wearable devices and mobile devices. Based on the applications, the market is categorized into drug abuse detection, disease diagnosis, and athletic performance optimization. Based on the distribution channel, the market is divided into supermarkets, online sales, retail outlets, and hypermarkets.
In the North American region, the largest market share for the dehydration monitoring systems is held by the U.S. owing to the factors such as increasing expenditure in the healthcare sector, shift in the trend towards the personal health monitors, and the increasing adoption of the dehydration monitoring devices by the individuals. The second position in the growth of the market is held by Europe which is followed by Asia Pacific region. The market will develop significantly in the future years in these regions.
The key market players that are involved in the dehydration monitoring systems market include
By Product
By Application
By Distribution Channel
What Reports Provides
FrequentlyAsked Questions
The global dehydration monitoring systems market size was USD 445.6 Million in 2023.
The global dehydration monitoring systems market size is USD 823.1 Million by 2032.
In the North American region, the largest market share for the dehydration monitoring systems is held by the U.S. owing to the factors such as increasing expenditure in the healthcare sector, shift in the trend towards the personal health monitors, and the increasing adoption of the dehydration monitoring devices by the individuals.
The key market players that are involved in the dehydration monitoring systems market include Nix, Inc., Bitome Inc., Kenzen, Inc., BSX Technologies, EchoLabs, and others.
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