The critical need for early detection of dehydration is driving significant growth in the Dehydration Monitoring Systems Market. According to a recent analysis, the market is valued at USD 535.6 million in 2023 and is projected to soar to USD 1,083.1 million by 2033. This represents a robust Compound Annual Growth Rate (CAGR) of 7.3% over the next decade.
Dehydration monitoring devices are witnessing an ever-increasing penetration in clinical environments along with approval for sportspersons’ and athletes’ performance enhancement. This factor is expected to keep the cash registers ringing for the Dehydration Monitoring Systems market shortly.
The deficit of water in humans calls for disruption of the metabolic processes occurring in the body. Water comprises 70-75% of body weight. However, most of the proportion of water is found in the intracellular space.
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Dehydration Monitoring Systems’ applications include drug abuse detection, disease diagnosis, and athletic performance optimization. Such devices are basically incorporated with standalone sensor systems measuring dehydration. Plus, growing demand for non-invasive Dehydration Monitoring Systems, that too, in distinct colors and forms is expected to take the Dehydration Monitoring Systems market by storm shortly.
Future Market Insights has entailed these facts with insights in its latest market study entitled ‘Dehydration Monitoring Systems Market’. It has its line of expertise in the form of analysts and consultants to deploy an eagle’s eye view in its primary, secondary, and tertiary modes of research.
“With dehydration-related ailments on the rise amongst adults and intake, the global Dehydration Monitoring Systems market is likely to grow on a spectacular note in the forecast period”, says an analyst from Future Market Insights.
Key Takeaways from Dehydration Monitoring Systems Market
- North America holds more than 30% of the market share. This could be credited to the fact that more than 70% of US citizens suffer from chronic dehydration (as stated by the WHO). As such, there is an increase in cases of acute gastroenteritis in the US.
- Europe holds more than 25% of the market share. This could be attributed to the fact that almost 6 out of 10 European workers feel dehydrated at work. More alarming is that over 40K fatalities about hydration happen in the UK every single year. Healthcare personnel state that they could be easily avoidable if treated on time. The good part is that dehydration is a stoppable as well as predictable emergency diagnosis.
- The Asia-Pacific is expected to grow at the quickest rate in the Dehydration Monitoring Systems market in the forecast period. This could be reasoned with growing awareness regarding the importance of preventing dehydration.
Dehydration Monitoring Systems Market Competitive Systems
- Epicore Biosystems, in February 2022, announced the closing of a Series A investment round worth US$ 10 Million. The major objective is that of growing interest in analytic solutions and microfluidic products provided by the company.
- Aquarate, in June 2021, came up with Hydracare – one of the automated fluid monitoring systems tracking the intake of drinks by an individual utilizing their Hydracup.
- Newcrest Mining, in May 2021, entered into a partnership with Unearthed (an Australia-based start-up community) to facilitate hydration monitoring at miner’s Telfer gold-copper mines in Western Australia’s Pilbara region.
- SweatWorks, in June 2022, partnered with Nix Biosensors (hydration monitoring start-up) to design the very first consumer’ product. As such, SweatWorks would be building the UX and hardware for the Nix sensor patch to analyze the wearer’s sweat to make real-time hydration metrics available.
Some of the market participants in the dehydration monitoring systems include
- Nix Inc.
- BSX Technologies
- Bitome Inc.
- EchoLabs
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Key Segments
By Product Types:
- Dehydration Monitoring Mobile Devices
- Wireless Dehydration Monitoring Chemical Sensors
- Biomedical Dehydration Monitoring Sensors
- Optical Dehydration Monitoring Sensor Systems
- Wearable Dehydration Monitoring Devices
- Dehydration Monitoring Wristbands
- Dehydration Monitoring Head Bands
- Dehydration Monitoring Adhesive Chest Patch
By Application:
- Dehydration Monitoring for Disease Diagnosis
- Dehydration Monitoring for Drug Abuse Detection
- Dehydration Monitoring for Athletic Performance Optimization
By Distribution Channel:
- Dehydration Monitoring Systems Sales via Retail Outlets
- Dehydration Monitoring Systems Sales via Supermarkets
- Dehydration Monitoring Systems Sales via Hypermarkets
- Online Sales of Dehydration Monitoring Systems
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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