Market Insights Digital Digital Health Digital Treatment & Care

Connected Biosensors - D-A-CH

D-A-CH

The market segment Connected Biosensors in the D-A-CH region is expected to reach a revenue of €499.50m by 2024.
This projection indicates an annual growth rate of 3.51% (CAGR 2024-2028).
As a result, the market volume is estimated to reach €573.40m by 2028.
In terms of user penetration, the segment is projected to have a penetration rate of 4.83% in 2024, which is expected to increase to 5.06% by 2028.
The average revenue per user (ARPU) is anticipated to be €101.80.
In a global comparison, in China is predicted to generate the highest revenue in the segment, with an estimated amount of €4,107.00m in 2024.
In Germany, the demand for connected biometric sensors in the digital health market is driven by a strong focus on data privacy and security.

Key regions: Italy, Germany, France, United Kingdom, India

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Connected Biosensors market in D-A-CH is experiencing significant growth and innovation across smart thermometers, smart blood glucose meters, smart blood pressure meters, and social alarms sub-markets.

Customer preferences: Customers in the D-A-CH region are increasingly seeking connected biosensors that offer convenience, accuracy, and real-time monitoring capabilities. The demand for smart devices that can seamlessly integrate into daily routines and provide actionable insights for health management is driving the market growth.

Trends in the market: In Germany, there is a rising trend towards smart blood pressure meters with advanced features such as irregular heartbeat detection and long-term data tracking. Consumers in Austria are showing a preference for smart thermometers that offer connectivity to mobile apps for fever management. Switzerland is witnessing an increase in the adoption of social alarms for the elderly population, providing safety and peace of mind for families and caregivers.

Local special circumstances: Germany, as the largest market in the D-A-CH region, is seeing a surge in telehealth services and remote patient monitoring, leading to a higher demand for connected biosensors. Austria's aging population is driving the need for innovative health monitoring solutions, especially in remote areas with limited access to healthcare facilities. Switzerland's strong focus on precision and quality is influencing the development of high-end smart biosensors with advanced functionalities.

Underlying macroeconomic factors: The D-A-CH region benefits from a stable economy, high healthcare standards, and a tech-savvy population, creating a conducive environment for the growth of the connected biosensors market. Government initiatives promoting digital health solutions and increasing healthcare expenditure are further propelling the market expansion. The presence of leading healthcare technology companies and research institutions in the region is fostering innovation and driving competitiveness in the connected biosensors market.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on revenues and user data of relevant mobile applications and consumer electronics companies.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, population, internet penetration, smartphone penetration, consumer spending, and healthcare spending. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.