The market for Dehydration monitoring systems is expected to expand at a quick pace during the forecast period. The global dehydration monitoring systems market was worth USD 384 million in 2019 and is predicted to reach USD 724.5 million by 2026, increasing at a 9.52 percent compound annual growth rate. The market for dehydration monitoring systems has been fueled by the ability of smart medical sensors to prevent morbidity associated with serious illnesses caused by dehydration. Wearables have proven instrumental in the expansion of new business potential across a broad spectrum of patient populations. The growing interest of the sports business is broadening the market for dehydration monitoring systems manufacturers. Over the forecast period, advancements in sensors, particularly biological and chemical sensors, are projected to boost demand for dehydration monitoring systems.
The researchers at the ETH Zurich University in Switzerland have developed a system called Accurate Model for Bio-Composition Analysis (AMBICA) which helps in detecting whether a child is dehydrated. This system is comparatively cheap and is easy to use. It uses the electrical impedance to measure the changes in the hydration level.
What is use of Dehydration Monitoring Systems?
Dehydration monitoring systems are a collection of healthcare or medical equipment, most notably wearables, that are used to monitor the presence of water in human bodies physiologically. By using an array of sensors, manufacturers have been able to create unobtrusive devices. Numerous wearable hydration monitoring devices have evidently gained traction, shaping the dehydration monitoring systems market’s increasing outlines. Prolonged dehydration is related with impaired cognitive function and memory loss. Wearable sensor advancements have aided the market for dehydration monitoring systems in its continual evolution over the previous decade.
Smart wearables have been gaining popularity in the healthcare industry as a critical component of intelligent monitoring systems. Software developers seek to harness wearable technology to improve patient care in a variety of settings, including hospitals, care homes, and assisted living. This is a leading indicator of potential opportunities in the market for dehydration monitoring systems.
Aquarate, a firm focused on the United Kingdom, has been working to build inconspicuous and functional technologies for reducing dehydration-related disorders. The company recently announced the AQi System, a dehydration monitoring system that clinicians and caregivers may use to check patients’ daily fluid consumption.
The dehydration monitoring systems market by companies like as Echo Labs, LVL Technologies, Inc., Bitome Inc., and Kenzen, Inc.
Several additional wearable developers will continuously test new prototypes of smart hydration monitoring to determine their income potential in the dehydration monitoring systems industry. The majority of them will extol the virtues of automation in terms of making caretakers’ jobs easier. Nix, another business, is expanding its product line by leveraging improvements in material sciences to produce dehydration monitoring systems for sports. The organisation is expected to discover new opportunities as a result of leveraging physiologists’ expertise and cutting-edge sensors.
Market for Dehydration Monitoring Systems: Factors Affecting Growth
The primary factors driving the growth of dehydration monitoring systems are the increasing emphasis on fitness and healthy lifestyle choices by individuals, the availability of cost effective and improved versions of dehydration monitoring systems, and the availability of dehydration monitoring systems in a variety of forms. Increased customer desire for non-invasive dehydration monitoring systems is another factor driving the market’s expansion. Additionally, the growing geriatric population, which is extremely sensitive to dehydration, and the increased use of dehydration monitoring systems in the diagnosis of numerous diseases are driving the market’s growth. The market’s growth is being constrained by a lack of public understanding about the benefits of dehydration monitoring systems.
Regional Analysis of the Market for Dehydration Monitoring Systems
The United States holds the biggest market share for dehydration monitoring systems in North America, owing to factors such as rising healthcare expenditure, a shift in the trend toward personal health monitors, and increased individual usage of dehydration monitoring devices. Europe is the market’s second fastest growing area, followed by the Asia Pacific region. These regions’ markets will expand dramatically in the next years.
Market for Dehydration Monitoring Systems: An Overview
Dehydration monitoring systems are self-contained sensor devices that assist in determining dehydration levels in elderly or young children. Dehydration monitoring systems are available in a variety of forms, including wearable hydration monitors and mobile devices, and are used to determine the state of dehydration. The embedded sensor systems in the dehydration monitoring systems include biological sensors, optical sensor systems, and wireless chemical sensors that signal the degree of dehydration via green or red LED lights.
Market for Dehydration Monitoring Systems: Facts
Researchers at Switzerland’s ETH Zurich University have created a technique called Accurate Model for Bio-Composition Analysis (AMBICA) that assists in determining whether a child is dehydrated. This system is reasonably priced and simple to operate. It measures changes in hydration level using electrical impedance.
Market Segmentation for Dehydration Monitoring Systems
Globally, the market for dehydration monitoring systems is segmented by product type, application, and channel of distribution. The global market is segmented by product type into wearable devices and mobile devices. The market is segmented by application into three segments: drug abuse detection, disease diagnostics, and athletic performance optimization. The market is segmented by distribution channel into supermarkets, internet sales, retail stores, and hypermarkets.