Dublin, Dec. 13, 2024 (GLOBE NEWSWIRE) -- The "Smart/Biosensor Underwear Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F" report has been added to ResearchAndMarkets.com's offering.
The Smart/Biosensor Underwear Market was valued at USD 0.64 billion in 2023, and is expected to reach USD 1.03 billion by 2029, rising at a CAGR of 8.20%. This substantial growth reflects the increasing consumer inclination towards wearable health technology, significantly influenced by the COVID-19 pandemic.
The incorporation of technology such as moisture and leakage sensors into health monitoring underwear has significantly improved the quality of life for individuals dealing with conditions like nocturnal enuresis. Furthermore, the market is benefiting from progress in textile-based wearable biosensors, with leading companies heavily investing in research and development to enhance the stretchability, comfort, breathability, and biocompatibility of these products.
Proper hydration is essential for endurance athletes' performance and safety, as dehydration can lead to issues ranging from fatigue and muscle cramps to severe conditions like organ failure and death. With hydration intelligence, athletes can now avoid leaving hydration to chance and make informed decisions tailored to their specific sweat profiles.
The increasing elderly population, who often require constant health monitoring, along with a rise in consumer awareness about personal healthcare, also propels market growth. Given these factors, the smart/biosensor underwear market is poised for robust expansion in the coming years.
Regional Market Insights
North America held the largest market share in 2023 and is expected to maintain this dominance throughout the forecast period. Key factors like the high prevalence of chronic diseases and a sizeable elderly population significantly influence the market dynamics in this region. According to a study, 61.8% of adult U.S. women aged 20 years and older suffer from Urinary Incontinence (UI). The region's well-established healthcare infrastructure and high consumer awareness of health technologies further support the market. North America's stronghold is expected to continue, driven by ongoing technological advancements and high adoption rates of smart health wearables.
The Asia-Pacific region is projected to exhibit significant growth potential in the Global Smart/Biosensor Underwear Market. The region's aging population and increasing health awareness drive this growth. According to the United Nations Population Fund, the number of older persons (aged over 60) in Asia-Pacific is expected to triple between 2010 and 2050, reaching approximately 1.3 billion people. As the population in the region ages faster than elsewhere, the demand for continuous health monitoring solutions is anticipated to rise, fueling the market for smart/biosensor underwear. This growth is further supported by improving healthcare infrastructure and rising disposable incomes in the region.
Key Players Profiled in this Smart/Biosensor Underwear Market Report
- Myant Inc.
- ALMA Smart Underwear
- Carin
- Urifoon B.V.
- Dryly B.V.
- Enuresis Solutions, LLC (Drybuddy)
- Pjama AB
- Be-A Japan Co. Ltd.
- ZOOKEE s.r.o. (Sensor)
- Chatzianastasiou Ch & Co. (Solution Medical)
Report Scope
In this report, the global Smart/Biosensor Underwear Market has been segmented into the following categories:
By Application
- Sports and Fitness
- Medical Monitoring
- Others
By Material
- Cotton
- Merino Wool
- Bamboo Fabric
- Others
By End User
- Men
- Women
- Kids
By Region
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- South America
Key Attributes
| Report Attribute | Details |
| No. of Pages | 183 |
| Forecast Period | 2023-2029 |
| Estimated Market Value (USD) in 2023 | $0.64 Billion |
| Forecasted Market Value (USD) by 2029 | $1.03 Billion |
| Compound Annual Growth Rate | 8.2% |
| Regions Covered | Global |
Key Market Drivers
- High Prevalence of Nocturnal Enuresis
- Surge in Focus on Sports and Fitness
Key Market Challenges
- Rapid Pace of Technological Advancements and User Adoption
- Market Penetration and Cost
Key Market Trends
- Innovations in Biosensor Embedded Textiles
- Rise in Smart Health Wearables Post-Pandemic
For more information about this report visit https://www.researchandmarkets.com/r/crurgx
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