The Asia Pacific PPG Biosensors Market would witness market growth of 13.6% CAGR during the forecast period (2021-2027).
The rising adoption of wearable healthcare systems in emerging nations is anticipated to fuel the growth of the market. Many wearable healthcare devices like smart bands, smartwatches, pulse oximeters, and others are embedded with optical sensors to offer the real-time monitoring of patient health. For example, the Realme watch offers wide-ranging healthcare features that include top-level PPG heart rate and blood-oxygen-level (SpO2) sensors. In addition, smart rings are comparatively new, though, Oura Ring implemented with Infrared PPG biosensors for heart rate & respiration, is fuelling the growth of the market. These biosensors offer several benefits like high accuracy, small scale, and less or no sensitivity to electromagnetic radiation that make them appropriate for usage in medical-grade wearable gadgets.
The fluctuations in the blood flow flowing via the wrist help in monitoring the peripheral pulse by utilizing light beams and light-sensitive biosensors into the smartwatch to generate a PPG that is used to check the heart rate. Moreover, many industry players are undergoing several technological improvements to propel the development of smartwatches as their development needs continuous R&D for adding new features. These smartwatches are embedded with PPG bio-tracking optical sensors, which continuously keep track of the heart rate of the user.
There is a growing demand for the wearables like smartwatches, bands, or rings in developing countries like India, Japan, and China. This surging demand for wearables would bolster the regional growth of the PPG biosensors market. In addition, the rising cases of people suffering from cardiovascular diseases will also positively impact the regional market.
People in this region are getting more aware of keeping track of their health, especially the people who are suffering from heart-related diseases. Along with this, the fashion trend of adding smart wearable devices to an outfit during any sports activities or other will also augment the growth of the regional market of PPG biosensors.
The Smart Watches market dominated the Malaysia PPG Biosensors Market by Product in 2020, thereby, achieving a market value of $3,824 Thousands by 2027. The Pulse Oximeters market is showcasing a CAGR of 15.6% during (2021-2027).
Based on Product, the market is segmented into Smart Watches, Pulse Oximeters, Smart Wrist Bands and Other Products. Based on Application, the market is segmented into Heart Rate Monitoring, Blood Pressure, Blood-oxygen Saturation and Other Applications. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide PPG Biosensors Market is Projected to reach USD 759.3 Million by 2027, at a CAGR of 12.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Texas Instruments, Inc., Vishay Intertechnology, Inc.., Renesas Electronics Corporation, AMS AG, Murata Manufacturing Co., Ltd., MediaTek, Inc., Maxim Integrated Products, Inc., Silicon Laboratories, Inc., Valencell, Inc., and LifeQ.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Smart Watches
- Pulse Oximeters
- Smart Wrist Bands
- Other Products
By Application
- Heart Rate Monitoring
- Blood Pressure
- Blood-oxygen Saturation
- Other Applications
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Texas Instruments, Inc.
- Vishay Intertechnology, Inc.
- Renesas Electronics Corporation
- AMS AG
- Murata Manufacturing Co., Ltd.
- MediaTek, Inc.
- Maxim Integrated Products, Inc.
- Silicon Laboratories, Inc.
- Valencell, Inc.
- LifeQ
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific PPG Biosensors Market, by Product
1.4.2 Asia Pacific PPG Biosensors Market, by Application
1.4.3 Asia Pacific PPG Biosensors Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific PPG Biosensors Market by Product
3.1 Asia Pacific Smart Watches Market by Country
3.2 Asia Pacific Pulse Oximeters Market by Country
3.3 Asia Pacific Smart Wrist Bands Market by Country
3.4 Asia Pacific Other Products Market by Country
Chapter 4. Asia Pacific PPG Biosensors Market by Application
4.1 Asia Pacific Heart Rate Monitoring Market by Country
4.2 Asia Pacific Blood Pressure Market by Country
4.3 Asia Pacific Blood-oxygen Saturation Market by Country
4.4 Asia Pacific Other Application Market by Country
Chapter 5. Asia Pacific PPG Biosensors Market by Country
5.1 China PPG Biosensors Market
5.1.1 China PPG Biosensors Market by Product
5.1.2 China PPG Biosensors Market by Application
5.2 Japan PPG Biosensors Market
5.2.1 Japan PPG Biosensors Market by Product
5.2.2 Japan PPG Biosensors Market by Application
5.3 India PPG Biosensors Market
5.3.1 India PPG Biosensors Market by Product
5.3.2 India PPG Biosensors Market by Application
5.4 South Korea PPG Biosensors Market
5.4.1 South Korea PPG Biosensors Market by Product
5.4.2 South Korea PPG Biosensors Market by Application
5.5 Singapore PPG Biosensors Market
5.5.1 Singapore PPG Biosensors Market by Product
5.5.2 Singapore PPG Biosensors Market by Application
5.6 Malaysia PPG Biosensors Market
5.6.1 Malaysia PPG Biosensors Market by Product
5.6.2 Malaysia PPG Biosensors Market by Application
5.7 Rest of Asia Pacific PPG Biosensors Market
5.7.1 Rest of Asia Pacific PPG Biosensors Market by Product
5.7.2 Rest of Asia Pacific PPG Biosensors Market by Application
Chapter 6. Company Profiles
6.1 Texas Instruments, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.2 Vishay Intertechnology, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research and Development Expense
6.3 Renesas Electronics Corporation
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.4 AMS AG
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expense
6.5 Murata Manufacturing Co., Ltd.
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expense
6.6 MediaTek, Inc.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Research & Development Expense
6.6.4 Recent strategies and developments:
6.6.4.1 Product Launches and Product Expansions:
6.7 Maxim Integrated Products, Inc.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.7.4 Research & Development Expense
6.7.5 Recent strategies and developments:
6.7.5.1 Product Launches and Product Expansions:
6.8 Silicon Laboratories, Inc.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Regional Analysis
6.8.4 Research & Development Expense
6.8.5 Recent strategies and developments:
6.8.5.1 Product Launches and Product Expansions:
6.9.1 Recent strategies and developments:
6.9.1.1 Product Launches and Product Expansions:
6.9.1.2 Partnerships, Collaborations, and Agreements:
6.10. LifeQ
6.10.1 Company Overview
6.10.2 Recent strategies and developments:
6.10.2.1 Partnerships, Collaborations, and Agreements:
6.10.3 Financial Analysis
6.10.4 Regional Analysis
6.10.5 Research & Development Expense
TABLE 1 Asia Pacific PPG Biosensors Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific PPG Biosensors Market, 2021-2027, USD Million
TABLE 3 Asia Pacific PPG Biosensors Market by Product, 2017 - 2020, USD Million
TABLE 4 Asia Pacific PPG Biosensors Market by Product, 2021-2027, USD Million
TABLE 5 Asia Pacific Smart Watches Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Smart Watches Market by Country, 2021-2027, USD Million
TABLE 7 Asia Pacific Pulse Oximeters Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Pulse Oximeters Market by Country, 2021-2027, USD Million
TABLE 9 Asia Pacific Smart Wrist Bands Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Smart Wrist Bands Market by Country, 2021-2027, USD Million
TABLE 11 Asia Pacific Other Products Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Other Products Market by Country, 2021-2027, USD Million
TABLE 13 Asia Pacific PPG Biosensors Market by Application, 2017 - 2020, USD Million
TABLE 14 Asia Pacific PPG Biosensors Market by Application, 2021-2027, USD Million
TABLE 15 Asia Pacific Heart Rate Monitoring Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Heart Rate Monitoring Market by Country, 2021-2027, USD Million
TABLE 17 Asia Pacific Blood Pressure Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Blood Pressure Market by Country, 2021-2027, USD Million
TABLE 19 Asia Pacific Blood-oxygen Saturation Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Blood-oxygen Saturation Market by Country, 2021-2027, USD Million
TABLE 21 Asia Pacific Other Application Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Other Application Market by Country, 2021-2027, USD Million
TABLE 23 Asia Pacific PPG Biosensors Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific PPG Biosensors Market by Country, 2021-2027, USD Million
TABLE 25 China PPG Biosensors Market, 2017 - 2020, USD Million
TABLE 26 China PPG Biosensors Market, 2021-2027, USD Million
TABLE 27 China PPG Biosensors Market by Product, 2017 - 2020, USD Million
TABLE 28 China PPG Biosensors Market by Product, 2021-2027, USD Million
TABLE 29 China PPG Biosensors Market by Application, 2017 - 2020, USD Million
TABLE 30 China PPG Biosensors Market by Application, 2021-2027, USD Million
TABLE 31 Japan PPG Biosensors Market, 2017 - 2020, USD Million
TABLE 32 Japan PPG Biosensors Market, 2021-2027, USD Million
TABLE 33 Japan PPG Biosensors Market by Product, 2017 - 2020, USD Million
TABLE 34 Japan PPG Biosensors Market by Product, 2021-2027, USD Million
TABLE 35 Japan PPG Biosensors Market by Application, 2017 - 2020, USD Million
TABLE 36 Japan PPG Biosensors Market by Application, 2021-2027, USD Million
TABLE 37 India PPG Biosensors Market, 2017 - 2020, USD Million
TABLE 38 India PPG Biosensors Market, 2021-2027, USD Million
TABLE 39 India PPG Biosensors Market by Product, 2017 - 2020, USD Million
TABLE 40 India PPG Biosensors Market by Product, 2021-2027, USD Million
TABLE 41 India PPG Biosensors Market by Application, 2017 - 2020, USD Million
TABLE 42 India PPG Biosensors Market by Application, 2021-2027, USD Million
TABLE 43 South Korea PPG Biosensors Market, 2017 - 2020, USD Million
TABLE 44 South Korea PPG Biosensors Market, 2021-2027, USD Million
TABLE 45 South Korea PPG Biosensors Market by Product, 2017 - 2020, USD Million
TABLE 46 South Korea PPG Biosensors Market by Product, 2021-2027, USD Million
TABLE 47 South Korea PPG Biosensors Market by Application, 2017 - 2020, USD Million
TABLE 48 South Korea PPG Biosensors Market by Application, 2021-2027, USD Million
TABLE 49 Singapore PPG Biosensors Market, 2017 - 2020, USD Million
TABLE 50 Singapore PPG Biosensors Market, 2021-2027, USD Million
TABLE 51 Singapore PPG Biosensors Market by Product, 2017 - 2020, USD Million
TABLE 52 Singapore PPG Biosensors Market by Product, 2021-2027, USD Million
TABLE 53 Singapore PPG Biosensors Market by Application, 2017 - 2020, USD Million
TABLE 54 Singapore PPG Biosensors Market by Application, 2021-2027, USD Million
TABLE 55 Malaysia PPG Biosensors Market, 2017 - 2020, USD Million
TABLE 56 Malaysia PPG Biosensors Market, 2021-2027, USD Million
TABLE 57 Malaysia PPG Biosensors Market by Product, 2017 - 2020, USD Million
TABLE 58 Malaysia PPG Biosensors Market by Product, 2021-2027, USD Million
TABLE 59 Malaysia PPG Biosensors Market by Application, 2017 - 2020, USD Million
TABLE 60 Malaysia PPG Biosensors Market by Application, 2021-2027, USD Million
TABLE 61 Rest of Asia Pacific PPG Biosensors Market, 2017 - 2020, USD Million
TABLE 62 Rest of Asia Pacific PPG Biosensors Market, 2021-2027, USD Million
TABLE 63 Rest of Asia Pacific PPG Biosensors Market by Product, 2017 - 2020, USD Million
TABLE 64 Rest of Asia Pacific PPG Biosensors Market by Product, 2021-2027, USD Million
TABLE 65 Rest of Asia Pacific PPG Biosensors Market by Application, 2017 - 2020, USD Million
TABLE 66 Rest of Asia Pacific PPG Biosensors Market by Application, 2021-2027, USD Million
TABLE 67 Key Information – Texas Instruments, Inc.
TABLE 68 key Information – Vishay Intertechnology, Inc.
TABLE 69 key information – Renesas Electronics Corporation
TABLE 70 Key Information – AMS AG
TABLE 71 Key Information –Murata Manufacturing Co., Ltd.
TABLE 72 Key Information – MediaTek, Inc.
TABLE 73 key information – Maxim Integrated Products, Inc.
TABLE 74 key information – Silicon Laboratories, Inc.
TABLE 75 key information – Valencell, Inc.
TABLE 76 key information – LifeQ
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Valencell, Inc.