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Body Area Network Market Opportunities, Business Size with Expansion Plans Forecast To 2024

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The   Body Area Network Market  is projected to grow from USD 9.1 billion in 2019 to USD 15.8 billion by 2024; it is expected to grow at a compound annual growth rate (CAGR) of 11.7%. Increased use of smart devices for tracking physical fitness and its availability at low-cost, rapid advancements in medical devices and communication technologies, supportive government and hospital initiatives to promote digital healthcare are some of the driving factors of the market. Key Players: Apple Inc. (US), Fitbit (US), Samsung Electronics Co., Ltd. (South Korea), Garmin Ltd. (US), Fossil Group, Inc. (US), Xiaomi Corporation (China), Huawei Technologies Co., Ltd. (China), Casio Computer Co., Ltd. (Japan), LG Electronics Inc. (South Korea), Medtronic plc (US), Bragi (Germany), Polar Electro Oy (Finland), Mobvoi Information Technology Company Limited (China), GOQii (US), Suunto Oy (Finland), Withings (France), AsusTek Computer Inc. (Taiwan), Abbott Laboratories (US), Huami Corporation (Ch...

Body Area Network Market Trends, Analysis and Forecast 2024

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The   Body Area Network Market   is anticipated to grow from USD 9.1 billion in 2019 to USD 15.8 billion by 2024, at a compound annual growth rate (CAGR) of 11.7%, according to the report, "Body Area Network Market by Device Type (Wearable, Implantable), Component (Displays, Application Processors, Memory, Electromechanicals, Interfaces, Sensors), Application (Medical, Fitness & Sports, Security, Military), and Region - Global Forecast to 2024." Major market drivers include the rising popularity of smart gadgets for tracking physical fitness and their affordable availability. IoT use in healthcare applications and the use of innovative technology to cut down on rising healthcare costs present market opportunities. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=120804837   During the anticipated time, wearable technology will account for a large portion of the body area network market. The body area network market is anticipated t...