Global Accelerometer Medical Sensors Market Size, Share, and COVID-19 Impact Analysis, By Product (Non-Wearable and Wearable), By Application (Sensor Therapeutics, Wellness Monitoring, Chronic Illness and its Risk Monitoring, Wellness Monitoring, and In-Hospital Clinical Monitoring), By End-User (Ambulatory Surgical Centers, Long-Term Facilities, and Hospitals & Clinics), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Global Accelerometer Medical Sensors Market Insights Forecasts to 2033

• The Global Accelerometer Medical Sensors Market Size Was Estimated at USD 4,093.42 Million in 2023
• The Market Size is Expected to Grow at a CAGR of around 14.08% from 2023 to 2033
• The Worldwide Accelerometer Medical Sensors Market Size is Expected to Reach USD 15,281.27 Million by 2033
• Asia Pacific is predicted to grow at the fastest CAGR throughout the projection period

The Global Accelerometer Medical Sensors Market size is predicted to exceed USD 15,281.27 million by 2033, growing at a CAGR of 14.08% from 2023 to 2033. The accelerometer medical sensors market growth is accompanied by innovations in sensor technology and medical tools and devices, rising occurrences of chronic illnesses such as cancer, diabetes, Alzheimer's disease, Parkinson’s disease, Huntington's disease, deafness, etc., and several government initiatives focusing on digital healthcare facilities.

Market Overview

The accelerometer medical sensors market focuses on the development, manufacturing, and distribution of accelerometer-based medical sensors for monitoring physical activity, patient movement, and physiological parameters of an individual in healthcare facilities. An accelerometer medical sensor is a homogenous tool that measures human acceleration of force and assesses muscle movements. It is classified into angular accelerometer sensors, which improve angular velocity, and linear acceleration sensors, which maintain the principle of inertia. The accelerometer is crucial for health monitoring, including human activity identification, sports activities, energy expenditure estimation, posture monitoring, and detecting sudden falls in the elderly. Studies have shown a surge of interest in using accelerometer sensors for effective health monitoring implementation. This type of sensor is employed in electronic devices, smartphones, wearable devices, etc. It is extensively used in clinical and epidemiological research. The most common accelerometer sensor placement for monitoring physical activities includes thighs, hips, wrists, and ankles. Accelerometers are employed in various medical devices, including patient monitoring, cardiac pacemakers, health monitoring equipment, and blood pressure monitors. The cost of the accelerometer medical sensors relies on their dynamic ranges and responsiveness.

Several government initiatives focus on digital innovations in the medical sector leading to a rise in the demand from healthcare professionals and public citizens for further monitoring of numerous parameters., which propels the accelerometer medical sensors market growth. For example, the Government of India, Ministry of Electronics and Information Technology launched the Ayushman Bharat Digital Mission which aims to generate a national digital health ecosystem that provides a wide range of data, information, and hospital infrastructure services and supports universal health coverage efficiently and safely. The Ayushman Bharat Health Account (ABHA) Number facilitates digital access and sharing of health records, allowing seamless interaction with healthcare providers and seamless receipt of lab reports, prescriptions, and diagnoses.

Digital India is a government initiative aiming to transform India into a digitally empowered society and knowledge economy. It aims to enhance citizen's lives, expand India's digital economy, create investment and employment opportunities, and develop digital technological capabilities. Digital India has reduced government-citizen distance and enabled transparent, corruption-free service delivery. India has become a leading global leader in technology-driven citizen transformation. The program has also significantly impacted the healthcare sector, with initiatives like Ayushman Bharat Digital Mission, CoWIN App, Aarogya Setu, e-Sanjeevani, and e-hospital enabling healthcare facilities and services to reach every corner of India. These initiatives bridge the existing digital gap among stakeholders in the healthcare ecosystem.

Accelerometers are used for gait analysis in several clinical conditions, including orthopedic and neurological conditions. These analyses are tailored to specific diseases, such as Parkinson's disease, Huntington's disease, Cerebral Palsy, and orthopedic injuries. They can detect abnormalities like freezing of gait in Parkinson's disease. Accelerometers also track rehabilitation progress and assess the effectiveness of rehabilitation programs by tracking changes in gait patterns over time. For instance, globally Parkinson's disease is a leading cause of death and disability. Parkinson's disease is caused by the lack of dopamine levels in the body and leads to problems such as difficulties in movement, mental health, sleep, pain, and other health issues. In 2019, 8.5 million people were diagnosed with Parkinson’s disease which caused 329000 deaths.

The increasing prevalence of chronic diseases such as anxiety, asthma, deafness, arthritis, etc., led to the rising need for accelerometer medical sensors for the measurement of various physical and hematological parameters resulting in the expansion of accelerometer medical sensors expansion. For instance, the Australian Government and the Australian Institute of Health and Welfare reported that in 2022, among all ages, 15.4 million people are estimated to have chronic disease conditions. The prevalence of this condition varied from 28% in children aged infants to 14; to 94% in aged from 85 to above 85. Considering all the aspects of accelerometer medical sensors such as government initiatives and optimistic features accelerates the market growth.

Report Coverage

This research report categorizes the global accelerometer medical sensors market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global accelerometer medical sensors market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global accelerometer medical sensors market.

Driving Factors:

Technological developments in the accelerometer medical sensor

Technological advancements such as MEMS sensor technology, fiber optic technology, and cancer-tracking sensor technology are expected to drive the market. MEMS accelerometers are crucial for calibrating medical equipment and monitoring instrument movement, especially in diagnostic equipment like MRI and CT scanners. Surgical tools can also use motion sensors to improve precision during minimally invasive surgeries. These innovations are driven by consumer demand for ease of use, improved facilities, and increased productivity, thereby enhancing healthcare access for patients.

Exploration of artificial intelligence (AI) and machine learning in the healthcare sector:

Artificial intelligence and machine learning techniques are being researched for their potential in healthcare applications. These technologies can track human activities and vital signs using wearable devices, aiding in disease diagnosis and elderly care. Technological advancements in medical sensors have led to more applications for wearable devices. Various sensors are introduced in wearable devices including accelerometers, optical sensors, and biometric sensors to frequently monitor the body signals of individuals. The upsurge in the adoption and consumption of wearable devices results in market expansion.

Restraining Factors

The complex manufacturing process of the accelerometer medical sensors, stringent regulatory guidelines, and high development costs restrict the growth of the market.

Market Segmentation

The global accelerometer medical sensors market share is classified into product, application, and end-user.

• The wearable segment accounted for the largest market share of 65.05% in 2023 and is expected to hold a significant CAGR throughout the projected timeframe.

Based on the product, the global accelerometer medical sensors market is categorized into non-wearable and wearable. Among these, the wearable segment accounted for the largest market share of 65.05% in 2023 and is expected to hold a significant CAGR throughout the projected timeframe. The segmental expansion is attributed to the increased usage of wearable devices, users can manually input glucose values into apps, an individual can analyze their measurements from the glucose meter via Bluetooth, and rising technological innovations such as MEMS accelerometer, enable the device to track and monitor physiological and motion activities of individuals, track several healthcare points including calorie intake, oxygen level, blood pressure, and heart rate, and extensive usage of the fitness bands and smartwatches.

• The chronic illness and its risk-monitoring segment held the largest market share of 24.83% in 2023 and is predicted to grow at a significant CAGR throughout the projected timeframe.

Based on the application, the global accelerometer medical sensors market is categorized into sensor therapeutics, wellness monitoring, chronic illness and its risk monitoring, wellness monitoring, and in-hospital clinical monitoring. Among these, the chronic illness and its risk-monitoring segment held the largest market share of 24.83% in 2023 and is predicted to grow at a significant CAGR throughout the projected timeframe. This segment dominance is attributed to the increasing prevalence of chronic diseases such as hyperlipidemia, cancer myocardial infarction, stroke, etc., sedentary lifestyle, rising demand for innovative sensors, increased proportion of the geriatric population, and growing awareness of chronic diseases via government programs.

• The hospitals and clinics segment accounted for the largest market share of 61.34% in 2023 and is anticipated to grow at a substantial CAGR throughout the projected timeframe.

Based on the end-user, the global accelerometer medical sensors market is categorized into ambulatory surgical centers, long-term facilities, and hospitals & clinics. Among these, the hospitals and clinics segment accounted for the largest market share of 61.34% in 2023 and is anticipated to grow at a substantial CAGR throughout the projected timeframe. This segment growth is attributed to increased admissions of emergency patients of heart attack, stroke, and CNS diseases, statistical growth in bypass surgeries, an increased proportion of angioplasty surgeries, rising cases of rheumatoid arthritis, osteoarthritis, increasing number of orthopedic surgeries such as total knee arthroplasty, and rising usage of accelerometer medical sensors in the gait analysis of the Parkinson’s disease.

Regional Segment Analysis of the Global Accelerometer Medical Sensors Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the global accelerometer medical sensors market over the predicted timeframe.

North America is anticipated to hold the largest share of the global accelerometer medical sensors market over the predicted timeframe. This is attributed to the highly sophisticated healthcare structure, rising cases of accidents, chronic diseases among the worldwide population, sedentary lifestyle, increasing proportion of the geriatric population, rising numbers of clinical trials and innovations in the research and development sectors, rising expenditure in healthcare facilities, government funding resources, saturation of the manufacturing companies of medical sensors, and adoption of the advanced technologies.

Asia Pacific is anticipated to grow at the fastest CAGR throughout the projected timeframe. This is a result of several kinds of variables, including the growing burden of target diseases, the aging population, the rise in unhealthy lifestyles among children, and the rise in acute ischemic chronic illness and at-risk surveillance. In APAC nations, there is a growing need for accelerometer medical sensor equipment owing to the increase in cardiovascular disease cases. For instance, the data provided by the Journal of the American College of Cardiology states that in 2019, cardiovascular diseases (CVD) were the leading cause of death in the Asia-Pacific region, 10.8 million deaths were reported due to cardiovascular diseases, nearly 39% of these CVD deaths were defined as the death of a person age less than 70 years.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global accelerometer medical sensors market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Actigraph
• Resmed
• Fitbit Inc.
• Nox Medicals
• BMC Medicals
• Analog Devices, Inc.
• Compumedics Ltd.
• Aetna Inc.
• Matric Care
• Somno Medics
• Cleveland
• Garmin
• Koninklijke Philips N.V.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In April 2024, IMI Sensors manufacturer of industrial vibration monitoring instrumentation, developed a Model 674A91, a fully programmable accelerometer featuring IO-Link universal protocol. This model is designed with piezoelectric technology for the most precise and inclusive machine health data. Model 674A91 is designed for industrial asset mounting with a 4-pin M12 connector connected to an IO-Link Master, providing 24 VDC, sensor communication, and factory network information.

• In January 2024, Bosch Sensortech launched the BMA530 and BMA580 the world’s smallest accelerometers. These models are associated with in-built features making them easy to operate. BMA530 tracks activities with its step counter and is especially suitable for wearables and BMA580 targets hearables with voice activity detection.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global accelerometer medical sensors market based on the below-mentioned segments:

Global Accelerometer Medical Sensors Market, By Product

• Non-wearable
• Wearable

Global Accelerometer Medical Sensors Market, By Application

• Sensor Therapeutics
• Wellness Monitoring
• Chronic Illness and Risk Monitoring
• Post-Acute Care Monitoring
• In-Hospital Clinical Monitoring

Global Accelerometer Medical Sensors Market, By End-User

• Ambulatory Surgical Centers
• Longterm Facilities
• Hospitals & Clinics

Global Accelerometer Medical Sensors Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa