Wearable Asthma Monitor Market Analysis

  • Report ID: 3919
  • Published Date: Jan 12, 2024
  • Report Format: PDF, PPT

Wearable Asthma Monitor Market Analysis

Product (Wearable Patches, Wearable Wrist Bands, Wearable Respiratory Monitoring System)

The wearable patches segment in the wearable asthma monitor market is estimated to gain a robust revenue share of 40% in the coming years. Recent rapid advancements in computer microchip technology may soon allow asthma sufferers to stop using their inhalers as researchers, have created a patch that includes sensors that track a patient’s movement, heart rate, respiratory rate, and the amount of oxygen in the blood. Besides this, in November 2021 Respira Labs introduced an AI-powered chest wearable with embedded microphones and speakers, Sylvee for monitoring lung health in general. Furthermore, it is designed to be worn on the lower rib cage by patients to measure lung air volume.

Additionally, to anticipate and prevent asthma episodes, scientists have created a wearable sensor system, which resembles a wristband that aids in real-time monitoring of the wearer's activity level, heart rate, and exposure to ozone from the environment. Moreover, the wristband primarily monitors atmospheric ozone and volatile organic chemicals, among other environmental parameters, and notifies healthcare providers of some extraordinary events about their treatment.

Application (Hospital, Homecare)

Wearable asthma monitor market from the homecare segment is set to garner a notable share shortly. A home remedy for an asthma attack does not exist however, symptoms can be reduced to avert asthma attacks and manage the condition better by using wearable devices incorporated with a variety of sensors to provide ongoing patient monitoring.

Physicians can help treat children with asthma at home by using wearable gadgets, such as spirometers, and peak flow meters which help in measuring heart rate, respiration rate, and cough volume and alert about an asthma episode using this information. For instance, a spirometer is perfect for remote COPD and asthma management as it can also be manually connected to the patient's phone to record peak flow readings, and to forecast when their symptoms may get worse.

Our in-depth analysis of the global market includes the following segments:

     Product

  • Wearable Patches
  • Wearable Wrist Bands
  • Wearable Respiratory Monitoring System

     Technology

  • Cloud-based
  • AI-based

     Application

  • Hospital
  • Homecare
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Author Credits:  Radhika Pawar


  • Report ID: 3919
  • Published Date: Jan 12, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing burden of asthma in children and the growing technological advancements in wearable devices are the major factors driving the growth of the market.

The market size of wearable asthma monitor is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.

The major players in the market are Abbott Laboratories, Medline Industries Inc., Smiths Medical Inc., Flexicare (Group) Ltd., For Care, Enterprise Co. Ltd., JG Moriya, SunMed , Fisher & Paykel Healthcare, OMRON Corporation, Nihon Kohden Corporation, Philips Respironics, and others.

The wearable patches segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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