Wearable Materials Market 2020-2025 Size, Current Trends, Health Benefits, Key Players, Regional Overview and Business Growth Opportunity - PowerPoint PPT Presentation

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Wearable Materials Market 2020-2025 Size, Current Trends, Health Benefits, Key Players, Regional Overview and Business Growth Opportunity

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Title: Wearable Materials Market 2020-2025 Size, Current Trends, Health Benefits, Key Players, Regional Overview and Business Growth Opportunity


1
Global Wearable Materials Market
  • Growing digitalization and Internet of Things is
    driving the wearable materials market

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2
Wearable Materials Market Size, Share , Industry
Analysis Report 2019-2025
  • Wearable materials and technologies such as smart
    watches, fitness tracking devices, heart rate
    monitoring devices, are driving the market.
    Wearable technology can pick up phone calls and
    send texts, track fitness and overall health has
    become a big thing and the demand for such
    devices have skyrocketed over the last few years.
    Growing health conscious population and the rise
    in several diseases related to cardiovascular
    health and other factors such as low haemoglobin
    (HB) is driving the smart wearable technology
    market. Wearable materials offer connections
    where we can connect our smartphones as well as
    laptops, through Bluetooth. People now a days are
    searching for devices which can be easily fitted
    on their body, track the work out sessions,
    without falling off the body and give access to
    what is going inside their body owing to which
    the demand for wearable materials is expected to
    grow over the forecast period.
  • Growing demand of wearable and portable
    electronics devices is driving the wearable
    materials market
  • With the growing Internet of Things (IOTs) and
    digitalization, new wearable gadgets such as such
    as head mounted displays with virtual and
    augmented reality, fitness trackers, and smart
    watches are being launched for every single part
    of the body, where every task can be recorded.
    Fitness companies such as Sensoria have started
    manufacturing smart running socks which can track
    the wearers running data such as speed, time,
    distance and other aspects. Some experts even
    predict that these technologies might replace our
    smartphones in the future, as they are better,
    harmless and more efficient as compared to
    smartphones.

3
Wearable Materials Market Size, Share , Industry
Analysis Report 2019-2025
  • Most of the wearable materials are made up of
    fabrics such as silicone, which are durable and
    breathable, and offer other properties such as
    better adhesion, permeability, transparency, and
    properties which meet the requirements of several
    wearable devices. A growing demand and changing
    consumers choices for stylish wearable devices
    with advanced functionality is estimated to drive
    the wearable material market growth in the coming
    years.
  • Companies are now focusing on designing printed
    materials for wearable electronics and smart
    fabrics to meet reasonable cost, versatility and
    comfort requirements of the consumers. Many
    devices such as Fitbit wristbands are made of
    latex-free elastomer material, which is flexible,
    and lightweight, and is being used with several
    other fitness and health related sports bands.
    Additionally, many players and researchers are
    concentrating on developing smart clothing which
    can conduct electricity in a better way and is
    made up of flexible and breathable material.
    These clothes are produced using special process
    of electro-spinning which conglomerates the
    polymer fibres with small silver wires in a
    liquid form after which it is filtered, dried and
    heated. These materials can also withstand the
    wear and tear of daily use.
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/wearable-materials-market

4
Wearable Materials Market Size, Share , Industry
Analysis Report 2019-2025
  • Growing demand for consumer electronics in
    wearable materials market
  • The wearable material market is primarily driven
    by the rise in the demand for portable, small and
    compact consumer electronics specially wellness
    and fitness trackers. This is majorly driven by
    the growing awareness of health among the young
    population, who want to stay updated on whats
    going on inside their bodies and how much of
    physical activity is being conducted by them on a
    daily bases. Silicone based wearable material is
    experiencing a high demand as it is biocompatible
    and is used for peel and stick applications.
    Additionally, the use of biomedical grade
    silicones for wearable medical devices is
    expected to boost the market in the coming years.
  • There are new and upcoming fabric materials which
    are being tested by the researchers, which will
    be able to generate energy from sunlight and
    physical movements, which is expected to give the
    wearable materials market a significant boost.
    Furthermore, Purdue University has recently
    developed a smart paper-based patch which can
    monitor dehydration in the human body, which is
    projected to increase the demand in the
    healthcare industry. Companies such as DuPont
    have industrialized a wide range of flexible
    materials specially made for wearable technology.
    These materials can also be washed in a normal
    washing machine and are detergent resistant,
    particularly made up of silver and dielectric
    inks.
  • Key Market Players BASF, Dow, DuPont, Wacker
    Chemie AG, DSM, Arkema, Eastman Corporation,
    Shin-Etsu, Elkem, Momentive Performance
    Materials, Lubrizol, Sensoria

5
Wearable Materials Market Size, Share , Industry
Analysis Report 2019-2025
  • Regional Market Scenario
  • Asia-Pacific will lead the growth in this market
  • The growth in the Asia-Pacific region is mainly
    driven by China and India and is projected to
    lead the market with the highest CAGR during the
    forecast period. Growing health-conscious
    population, rising disposable income, increasing
    innovations in technology and digitalization is
    mainly driving the wearable material market in
    the region. Additionally, the growing advantages
    of wearable materials in the healthcare industry
    is expected to drive the growth of this market.
    There is a high demand for skin-worn wearable
    devices, as these wearables have such close
    contact with the human body that they frequently
    pick up very delicate signals from the muscles
    and organs.
  • These devices are useful for end uses where a
    high level of data accuracy is required and also
    makes them ideal for activity monitoring, and
    cardiac applications. Wearable devices and
    materials have a great potential which could
    result in a ground-breaking non-clinical method
    to diagnosing disease and health monitoring. Such
    devices also opens up possibilities for
    delivering supplements and medications to the
    patients without human contact which is expected
    to drive the wearable material market over the
    forecast period.

6
Market Segments Wearable Materials Market
  • By Type
  • Silicones
  • Polyurethanes
  • Fluoroelastomers
  • Others
  • By Application
  • Consumer Electronics
  • Medical
  • Industrial
  • Others
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East Africa
  • Central South America

7
Wearable Materials Market Size, Share , Industry
Analysis Report 2019-2025
  • Key Questions Answered
  • What are the key growth regions and countries?
  • What are the important types and technologies
    being used?
  • What are the market players doing, in terms of
    research and development?
  • Which are the new applications for this market?
  • What are the integrations happening?
  • What are the recent news, developments, mergers,
    or large value deals?
  • Purchase a single user copy of the global
    Wearable Materials Market report_at_
    https//www.adroitmarketresearch.com/researchrepor
    t/purchase/1337

8
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
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    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
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