The global demand for Stress Tracking Devices Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
A stress tracking device allows the user to record various vital signs such as blood pressure, blood sugar, heart rate, oxygen saturation, cholesterol and weight. A standardized stress score is displayed after the data recorded is processed by using an algorithm. It is a wearable device that is placed on the user's skin. It helps to know as well as control stress levels that the body experiences biologically and also detect panic attacks and anxiety. The newly developed stress trackers focus on sensing of cortisol sweat. Besides personal stress monitoring, it plays a significant role in clinical diagnoses by continuously collecting of real-time health measurements. Simply put, stress tracking devices contributes to overall wellbeing of the user.
Market Dynamics
The stress tracking devices market is expected to exhibit positive growth during the forecast period. One of the key factors driving its market is increase in stress levels among individuals across the globe which is affecting their professional and personal lives. Another major factor contributing to its market growth is increasing incidence of stress related diseases such as high blood pressure, diabetes, depression and anxiety and gastrointestinal problems and growing awareness about health and fitness. The covid-19 pandemic has also exacerbated stress levels among individuals. Surge in the number of individuals preferring wearable devices to manage and monitor their health and higher disposable income will fuel the demand for stress tracking devices. Furthermore, FDA encouraging the use of stress tracking devices as it provides valuable and accurate health-related data to healthcare professionals resulting in improved patient care also propel its market. However, device complexity and high price may restrain the growth of stress tracking devices market to some extent during the assessment period.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of stress tracking devices. The growth and trends of stress tracking devices industry provide a holistic approach to this study.
Market Segmentation
This section of the stress tracking devices market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Basic Wearable
- Smart Wearable
By Sensors Type
- Salivary Sensors
- Sweat Cortisol Sensors
- Wearable Sensor
By Technology
- ECG
- External Speaker
- GPS
- Heart Rate Sensor
- Kids' Device
- Megapixels
- Microphone
- NFC
- Skin Temp Sensor
- Touchscreen
- UV Sensor
- Waterproofing
By Operation Mode
By Distribution Channel
- Direct
- Inbound/Outbound
- Internet
- Store
- Indirect
- Retail
- Telco
- Dealer/Var/S
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Stress Tracking Devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Stress Tracking Devices Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the stress tracking devices market include Oura Health Oy., WHOOP, NeuroSky, Garmin Ltd, Fitbit Inc., Apple Inc., SAMSUNG, Pebble Technology Corp., Google Inc., Xiaomi Technology Co. Ltd., Jawbone and Nike. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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