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Dehydration Monitoring Systems Market By Product Type (Mobile Devices, Wearable Devices), By Application (Disease Diagnosis, Drug Abuse Detection, Athletic Performance Optimization) - Growth, Future Prospects And Competitive Analysis, 2018 – 2026

Industry Outlook

Dehydration is commonly associated with humans involved in physical activities and exertion, while it is also a common state in sedentary environments such as workplaces, classrooms, etc. This makes dehydration a critical issue as it has several implications for general health and productivity. Dehydration of as little as 2% of the total body weight leads to a decrease in performance. Mild dehydration can impair cognitive functions such as short-term memory, motor skills, and concentration. A lack of water can interfere with renal, cardiac, and gastrointestinal functions. While it is essentially impossible to exactly determine the levels of dehydration, initiatives are being taken worldwide to deliver precise solutions. More and more wearable devices are being developed and designed for dehydration monitoring that not only determine hydration levels but also alert the user to replenish their water intake.

Market Synopsis

Swift uptake of wearable systems is expected within the forecast period.

A prime factor driving the growth of the global market for dehydration monitoring systems is the rapid shift of individuals towards fitness and well-being. With the growing availability of cost-effective health-tracking solutions and wearable technology, continuous technological development is delivering improved versions of dehydration monitoring. Wearable dehydration monitoring systems are becoming increasingly popular due to their non-invasive nature and quick analysis tools. Other factors that are supporting the growth of the wearable devices segment are the growing geriatric population, increased sports and athletic activities, and growing reference to dehydration parameters as a tool for disease diagnosis. However, the factor constraining the market's growth is the low market penetration of these devices and a lack of awareness.

Demand for athletic performance optimization is set to rise.

While dehydration is conventionally linked with human exertion, it is also commonly evident in certain diseases and sedentary environments. Therefore, dehydration is an important issue regarding health and life expectancy. Dehydration also has long-term effects on kidney, heart, and gastrointestinal functions, and so on. When combined with these diseases, dehydration can result in major health degeneration and a loss of productivity and well-being. This has therefore led to a high demand for dehydration monitors in hospital settings for disease diagnosis. On the other hand, the demand for dehydration monitoring systems, particularly wearable variants, is expected to be the highest during the forecast. Exponential growth in demand from athletic and sports enthusiasts and sports professionals is a key factor supporting the rapid growth of this segment.

North America and Europe dominate the global market.

Geographically, North America and Europe are collectively the largest markets for dehydration monitoring systems. Favorable adoption environments, high awareness of athletic and sports applications, and technical advancement in non-invasive and wearable technologies are assisting the dominance of these regions. On the other hand, increasing awareness and growing applications of dehydration sensor systems in disease diagnosis are assisting the rapid growth of the Asia-Pacific market. Certain regions in Asia-Pacific are fighting a battle against drug abuse. Appropriate application and penetration of dehydration monitoring systems in rehabilitation will favor better outcomes.

Periods of History and Forecast

This research report presents the analysis of each considered segment for the period from 2016 to 2026, using 2017 as the base year for estimations. Compounded annual growth rates (CAGRs) for each segment are calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The structural heart devices market report provides a quantitative assessment of the industry in terms of current and forecasted market size while also presenting the market dynamics. This market is segmented based on device type, application, and geography.

This study also includes a qualitative analysis of the market estimations in terms of prevailing and anticipated market trends for each considered segment. The report includes a section incorporating qualitative information about the drivers, challenges, and opportunities, along with their impact on the global market. Attractive investment propositions and competitive analysis of the leading market players are also covered in this section. Profiling of key market players is included in the company profiles section of the report, which is done on parameters such as company information, financial status, product portfolio, and key company news. The major companies profiled in this report include Nix, Inc., BSX Technologies, Kenzen, Inc., Bitome, Inc., EchoLabs, Indiegogo, Inc., stone, Epicore Biosystems, Inc., and Sixty.

Key questions are answered in this report.

  • What is the current projected market size of the global dehydration monitoring systems industry?
  • Which are the key market dynamics, such as drivers and challenges, in the global market for dehydration monitoring systems?
  • Which are the most prevalent and lucrative opportunities in the market?
  • Which type of product is currently witnessing the highest market demand and why?
  • What is the future of dehydration monitoring systems in drug abuse detection applications?
  • How will emerging nations such as those in Latin America, Asia Pacific, the Middle East, and Africa fare in the global market during the forecast period?

Frequently Asked Questions:

The market for Dehydration Monitoring Systems Market is expected to reach US$ XX Mn by 2026.

The Dehydration Monitoring Systems Market is expected to see significant CAGR growth over the coming years, at XX%.

The report is forecasted from 2018-2026.

The base year of this report is 2017.

Nix, Inc., BSX Technologies, Kenzen, Inc., Bitome, Inc., EchoLabs, Indiegogo, Inc., stone, Epicore Biosystems, Inc. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jan 2019
Category:  Medical Devices
Report ID:   59528
Report Format:   PDF
Pages:   120
Rating:    4.2 (69)
Delivery Time: 24 Hours to 48 Hours   
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