Asthma Warning Sensors Market to Grow with an Impressive CAGR During the Forecast Period
Involvement of
technology in healthcare industry is driving the growth in Global Asthma
Warning Sensors Market in the forecast period, 2023-2027.
According to TechSci Research report, “Asthma
Warning Sensors Market - Global Industry Size, Share, Trends, Opportunity
and Forecast, 2017-2027,
the global asthma warning
sensors market would potentially project an impressive growth in the forecast period,
2023-2027, with an impressive CAGR on the account of rapidly increasing pollution
in the whole world. Changes in the climatic conditions is also driving the
growth of the global asthma warning sensors market in the upcoming five years.
Rapidly evolving technologies and consistent research is also aiding the
growth of the global asthma warning sensors market in the next five years.
Moreover, advancing healthcare sector and development of smart inhalers, smart
medical sensors, and AI enabled asthma warning sensors are also driving the
growth of the global asthma warning sensors market in the future five years.
Furthermore, increased penetration of smart technologies, internet enabled
services, internet of things, and artificial intelligence is further
substantiating growth of the global asthma warning sensors market in the
forecast period, until 2027.
Bronchial allergies are a lifestyle-wide continual
diseases that affects the breathing pattern of the patients. Provision of
medical sensors like asthma warning sensors aids the demand for a medical
sensing device monitoring the condition of patient suffering from asthma and
related breathing issues.
Asthma warning sensors are a kind of connected
inhalers that uses various technology like bluetooth sensors that is attached
to detect medication use and share the data with physicians, may promote
adherence to recommended controller medication use and proactively detect
worsening of asthma symptoms.
These devices specifically measure the pollutants
that can set-off asthma attacks and warn people with asthma for probable
attacks or worsening breathing conditions. In September 2020, Teva
Pharmaceutical Industries Ltd has launched two digital inhalers AirDuo®
Digihaler® (fluticasone propionate and salmeterol) and ArmonAir® Digihaler®
(fluticasone propionate) to provide the ability to patients to share objective
inhaler use data with their healthcare providers.
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The global asthma warning sensors market is
segmented by type, technology, parameter measured, end user, competitional
landscape, and regional distribution. Based on technology, the market is
further bifurcated into AI, IoT, machine learning, and others. Artificial
intelligence is anticipated to hold the largest revenue shares of the market
and dominate the market segment on the account of advancing technologies and
their penetration is development of medical devices.
Artificial intelligence (AI) in asthma warning
sensors is responsible for consistent and monitored delivery of the drugs
directly to the respiratory tract of patients so as to increase the efficacy of
drug delivery and maintain track record. Moreover, leading manufacturers of
smart asthma warning sensors are focusing on collaborating with digital and
software companies in order to serve the targeted population.
Internet of Things (IoT) are also anticipated to
register esteemed growth in the next five years on the account of increased
penetration of internet and its services in the medical devices. Furthermore,
demand for the services like automatic retraction of collected data is further
aiding the growth of the global asthma warning sensors market in the future
five years.
Major market players leading the global asthma
warning sensors market include:
·
AT&T
Inc.
·
Siemens
Healthineers AG
·
Sparo
Labs
·
Reciprocal
Labs Corporation (Propeller Health)
·
AlerSense
Inc
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“North America is anticipated to dominate the regional segment
analysis of the market growth. The booming healthcare industry in the countries
like United States and Canada are major reasons behind the impressive growth of
the market. Moreover, increasing pollution is causing more severe conditions of
asthma among the population thereby surging the demands for the asthma warning
sensors and aiding the growth of the global asthma warning sensors market. New
market players are advised to focus their resources on extended research and development
of the technologically advanced products that would aid their brand
establishment as well as support their future growth in the upcoming five years,”
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based Global management consulting firm.
“Global
Asthma Warning Sensors Market - Global Industry Size, Share, Trends,
Opportunity and Forecast, 2017-2027 Segmented By Type (Wearable v/s
Non-Wearable), By Technology (AI, IoT, Machine Learning, Others), By Parameter
Measured (FEV1 v/s Peak Flow), By End User (Hospitals & Clinics v/s
Homecare), By Region”,
has evaluated the future growth potential of global Asthma warning sensors and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global asthma warning sensors market.
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