Wearable Sensors Market Outlook:
Wearable Sensors Market size was valued at USD 2.14 billion in 2024 and is set to exceed USD 13.81 billion by 2034, expanding at over 20.5% CAGR during the forecast period i.e., between 2025-2034. In the year 2025, the industry size of wearable sensors is estimated at USD 2.51 billion.
The rising prevalence of cardiovascular diseases (CVDs) globally is one of the key factors expected to propel the wearable sensors market demand. According to the National Institutes of Health (NIH) survey, CVDs are the leading cause of death in many parts of the globe, and in 2021, around 20.5 million CVD-related deaths were reported. Wearable devices and sensors help to monitor cardiovascular health due to their ability to continuously collect real time data. Smartwatches and bands are rapidly gaining traction for early detection, risk assessment along with post-treatment monitoring. One of the recent developments supporting heart disease monitoring is the launch of new wearable technology launched by the University of Texas in May 2023. The researchers have developed a lightweight electronic tattoo device, an e-tattoo that can be attached to the chest for monitoring heart health.
Moreover, increasing interest and awareness of fitness among individuals will impel the wearable sensors market revenue. According to a survey by the International Food Information Council (IFIC) in 2022, around 62% of people in the U.S. were interested in maintaining their health, while 53% were interested in physical exercise and consumption of nutritious food and drinks. Thus, to keep track of their health, there has been a rising interest in wearable devices and sensors, encouraging key players to develop novel products.
