Some of the notable key market participants operating in the photoplethysmography biosensors market include
Apple Inc
Fitbit Inc
Samsung Electronics Co., Ltd.
Garmin Ltd
Xiaomi Corporation
Omron Healthcare, Inc.
Valencell. Inc
Mediatek
Masimo Corporation
Empatica Inc
Authors:
Mariam Faizullabhoy , Pratiksha Kamthe
Frequently Asked Questions (FAQ) :
Photoplethysmography (PPG) biosensors industry size was worth USD 423.1 million in 2022 and is estimated to reach USD 1.2 billion by 2032 owing to higher integration into smaller, wearable medical devices to offer improved accuracy, reliability, and battery life.
The smart watches product segment recorded USD 170.3 million in 2022 and is poised to gain significant prominence due to the continuous introduction of new innovative smartwatches.
U.S. market generated USD 143.9 million in 2022 and is projected to grow at a notable pace through 2032 driven by the increasing adoption of wearable health monitoring devices across the nation.
Some of the key market players include Apple Inc, Fitbit Inc, Samsung Electronics Co., Ltd., Garmin Ltd, Xiaomi Corporation, Omron Healthcare, Inc., Valencell. Inc, Mediatek, Masimo Corporation, Empatica Inc, among others.