Global Electronic Underwear Market (2016-2024)- Research Nester
Electronic underwear or smart e-pants is defined as an electronic garment which helps to prevent bedsores. Smart e-pants help to reduce the risk of pressure ulcers in the sacrum (base of spine). This technology improves the care of individuals confined to beds or wheelchairs. Electronic underwear uses electrical stimulations to produce brief contractions in muscles that are compressed for prolonged period of time. These electrical stimulations are repeated every few minutes which in turn helps the patients to prevent bedsores.
Market Size and Forecast
Global Electronic Underwear Market is expected to grow at a robust growth over the forecast period i.e. 2017-2024. Smart e-pants market is driven by various factors such as rising health awareness among the patients regarding smart e-pants and rising disposable income of the consumers.
In terms of geography, North America region is expected to dominate the market during the forecast period aided by the U.S. Further, wide use of these clothing technologies in the treatment of bedsores and rapid urbanization are believed to flourish the growth of electronic underwear/smart e-pants market in the region. Moreover, major healthcare companies are projected to enter into the North Americas electronic underwear market which is further likely to boost the growth of electronic underwear/smart e-pants market in the region over the forecast period.
Europe region is anticipated to hold the second largest market in electronic underwear/smart e-pants by the end of 2024. Further, the major countries to witness the augment demand for electronic underwear/smart e-pants in Europe include Germany, France, U.K. and others countries. Additionally, increased adoption of technological advanced products and a greater demand for smart healthcare devices are envisioned to foster the growth of electronic underwear/smart e-pants market in the Europe region. Asia-Pacific region is also projected to show a tremendous growth over the forecast period i.e. 2017-2024.
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The growth in this region is credited to the rise of middle class and purchasing power of the population. Furthermore, Japan and China are envisioned to lead the market for electronic underwear in this region owing to rising demand for smart e-pants from old age population.
Market Segmentation
Our in-depth analysis segmented the global electronic underwear/smart e-pants market in the following segments:
By Demography
Men
Women
By Distribution Channel
Online Store
Offline Store
By Region
Global electronic underwear/smart e-pants market is further classified on the basis of region as follows:
North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, South Korea &Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
Middle East and Africa (GCC, South Africa, North Africa and Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis
Growth Drivers and Challenges
Factors such as rising adoption of wearable electronics and growing demand for smart e-pants from healthcare sector for the prevention of bedsores or pressure ulcer are believed to be the dynamic factor behind the rapid growth of electronic underwear/smart e-pants market across the globe. Further, rising old age population and increased number of patients affected with pressure ulcer disease are envisioned to bolster the growth of electronic underwear/smart e-pants market by the end of 2024.
Moreover, positive growth in IT industry across the globe which in turn further increase their research & development activities to develop advanced and latest technology products and swelled disposable income of the population across the globe supported by the positive GDP figures in growing nations supporting the penetration of smart consumer electronics which are projected to boost the demand for electronic underwear/smart e-pants.
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However, high cost associated with the electronic underwear and lack of awareness regarding electronic underwear/smart e-pants are anticipated to hinder the growth of electronic underwear/smart e-pants market over the forecast period.
Key players
The major key players for electronic underwear/smart e-pants market are as follows
GlideWear
Company Overview
Key Product Offerings
Business Strategy
SWOT Analysis
Financials
Key potential companies that may enter into manufacturing of electronic underwear/smart e-pants are mentioned below:
Rober limited
EHOB
Hill-Rom
Stryker
Apex
iHealthcare
Proma Reha
Besco
Graham Field
Invacare
ARDO
Scope and Context
Overview of the Parent Market
Analyst View
Segmentation
The global electronic underwear/smart e-pants market is segmented as follows:
By Demography Market Size & Y-O-Y Growth Analysis
By Distribution Channel Market Size & Y-O-Y Growth Analysis
By Region Market Size & Y-O-Y Growth Analysis
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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