Contenu connexe Plus de Yole Developpement (20) Wearables in Consumer and Medical Applications 20201. From Technologies to Markets
© 2020
From Technologies to Markets
© 2020
Wearables in
Consumer and
Medical
Applications 2020
Market and Technology
Report
Sample
2. 22
• Glossary and definition 2
• Table of contents 3
• Report objectives 5
• Report scope 6
• Report methodology 7
• About the authors 8
• Companies cited in this report 9
• What we got right, What we got wrong 10
• Yole Group related reports 11
• 3-page summary 12
• Executive Summary 16
o Definition
o Market forecast and market trends
o Company landscape and market shares
o Technology trends and roadmaps
• Context 41
o Scope of the report
o Historical perspective
o Megatrends and key drivers
o Wearable functions roadmap
o Consumer – healthcare and consumer healthcare concept
o Time-to-market scenarii
o Covid-19 impact
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
TABLE OF CONTENTS
Part 1/2
• Market forecasts 72
o Segmentation adopted
o Global wearable market and forecasts 2018-2025 by products (value, units)
o Global wearable market and forecasts 2018-2025 by types (value, units)
o Market dynamics by types
o Global market comparison2014-2019 and 2025 (estimated)
• Market trends 87
o Wrist-worn market trends
o Head-worn market trends
o Body-worn market trends
o Smart clothings
• Sensors for market forecast 141
o Matrix wearable systems / sensors
o Global wearable market and forecasts 2018-2025 by products (value, units)
o Market dynamics by sensors
• Market shares and supply chain 150
o M&A, Collaboration, Fundraising
o Player mapping and market shares
o Global wearable player market shares / ranking
o Analysis of the wearable players
3. 33Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
TABLE OF CONTENTS
Part 2/2
• Technology trends 171
o Technology key challenges for wearables
o Description and trends by sensors (Pressure, inertial, PPG, …)
o Sensors for emerging applications
o Sensors for wearable roadmap
o Number of sensors evolution
• Reverse Costing® - Structure, Process and Cost analyses 233
o Example of wearable systems
o Sub title
• Outlooks 243
o Conclusion
o What is coming next? What could happen?
• Related reports 247
• Bibliography 248
• How to use our data? 249
• Yole Corporate Presentation 250
4. 4
REPORT OBJECTIVES
• Examine global wearable device market trends, competitive forces and
dynamics, and market drivers
• Offer an applications overview of wearables for consumer and medical
wearables
• Describe which sensors are used in which types of wearable systems
• Provide an overview of the main players at system and sensor level of the
supply chain, with market shares
• Furnish market comparison and projections for 2018 – 2025
• Identify new functions and related sensors & technologies requirements
• Deliver an overview of emerging wearable applications and related sensors
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
5. 55Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
SCOPE OFTHE REPORT
Yours needs are
out of the report’
scope?
Contact us for a custom:
Consumer
Healthcare
Industrial: Professional sports + AR/VR
Industrial security
Military
This report is covering the
wearables and sensors used
for consumer (fitness,
wellbeing,…) and healthcare
(medical devices). It also
includes Sports and AR/VR
for Professional use.
Not included in the report
6. 66Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
METHODOLOGIES & DEFINITIONS
Market
Volume (in Munits)
ASP (in $)
Revenue (in $M)
Yole’s market forecast model is based on the matching of several sources:
Information
Aggregation
Preexisting
information
7. 7
Jérôme Mouly
Jerôme Mouly serves as a Senior Technology & Market Analyst & Business Developer specializing in microtechnologies for inkjet & bioMEMS sensors.
Since 2000, he has participated in more than 100 marketing and technological analyses for industrial groups, start-ups and institutes. Previously, Jerome
was involved in supporting value creation of smart miniaturized systems research projects at Yole Finance Innovation, part of Yole Développement.
Jérôme holds a Master of Physics from the University of Lyon (France).
Email: jerome.mouly@yole.fr
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
ABOUT THE AUTHORS
Biographies & contacts
8. 88
AAC Technologies,Abbott,ADC,Adidas,AKM,Amazon,Ambiotex,Amphenol,Amplifon, ams
AG,Analog Devices,Apple,Asus,Ava Woman, B.Braun, Bardy Dx, Beats, Beurer, BioBeat,
Biofourmis, Biovotion, Bloomlife, Bodimetrics, Bosch, Bose, Care Predict, Catapult, Cephaly,
Chronolife, Contec, Demant, Dexcom, Digitsole, Diodes Inc., Emotiv, Empatica, Epistar,
Excelitas,Facebook, Firstbeat, Fitbit, Fossil, Garmin, Gatorade, GN Resound, Goertek, Google,
Heimann Sensors, Hexoskin, Honeywell, Hovding, HTC, Huami, Huawei, Huma, IMEC,
Infineon, Intel, Jabra, JBL, Kinduct, Klipsch, Knowles, Levi's, LG, Lite-on, Magic Leap, Masimo,
Maxim integrated, MC10, mCube, Medtronic, Melexis, MEMSIC, Micralyne, Microlife,
Microsoft, Mobvoi, Motiv, ,Murata, Muse, Myontec, Neurolief, Nihon Kohden, Nokia, Nonin,
Noviosense, Nutrino, Nuvo, NXP, Omron, Oppo, Orii, Osram, Oura, Philips, Philips innovation
services, Polar, Riester, Rohm, Rythm – Dreem, Samsung, Sensoria, Silicon Labs, Siren, ,Sivantos,
,Sonova, Sony, Sony, Starkey, STMicroelectronics, Suunto,TDK,TE Connectivity,Texas ,
nstruments,Thim, UpRight,Valencell,Verily,Vishay,Vitalconnect,Vivo,Vuzix,Wahoo,Welch Allyn,
Whoop,Withings, Xiaomi, Zio
and many more…
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
COMPANIES CITED IN THIS REPORT
9. 99
A wearable electronic device can be defined as a device physically worn by individuals, that has intelligence and is able to
take input, process that input and provide meaningful output. In principle Wearables have a connection to send data to
dedicated platforms on the web or on apps.
The term ‘‘wearable’’ implies that the support environment is either the human body or a piece of clothing. Handheld
and portable devices are therefore not strictly speaking wearable, but this distinction is not always clear as it also
depends on the conditions of their use.
We classified wearables in 4 categories:
• Wristworn
• Headworn
• Bodyworn
• Smart clothing
Can a wearable be a medical device?
A wearable medical device is a device that is autonomous, noninvasive or minimally invasive, and that performs a specific
medical function such as health monitoring or prevention over a prolonged period of time
It includes a sensor technology which is able to collect data in a non-invasive, reliable way and deliver information about
the surroundings in real-time.
A wearable medical device, or an accessory to such a device, needs to comply with the regulatory framework if it is to
be sold or distributed.
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
WEARABLE
Definition
10. 1010Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
TIMELINE OF WEARABLES:A LITTLE BIT OF HISTORY
Thomas
Jefferson:
introduced the
first pedometer
to the US
Thomish Meter
Aurex Corp
developed the
1st wearable
hearing aid
Philips Lifeline introduced
the AutoAlert automatic
fall detection technology
( HomeSafe and GoSafe)
Nike & iPod launched
a wireless system that
allows Nike+footwear
to communicate with
an iPod
Hearing aid
Fitness tracking
Multifunction
tracker
Philips Lifeline
Peeble
smartwatch
Drug delivery
wearables
Activity trackers;
wireless enables
wearable technology
Peeble kickstarter
record
Chrono's wearable
transdermal drug
delivery device times
nicotine delivery for
when smokers have
their strongest cravings
Apple launched
the first approved
ECG integrated in
smartwatch
Apple watch
ECG
The abacus ring
during the Qing
dynasty in China
– first calculator
The gambling
shoe
The TV glasses
11. 1111Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
COST PRESSURE ON HEALTHCARE
Health
Severe
illness
Fitness & wellness Chronic diseases
Complex chronic
disease
Acute care
10x 100x 1000x1x
Prevention - monitoring
Monitoring & care
Keep patient at home
Possible un-diagnosed people Possible failure in self-monitoring
12. 1212
• Headworn
• AR /VR systems
• Headbands,helmets
• Earbuds, hearing aids
• Wristworn
• Blood pressure monitors
• Smartwatches
• Fitness bands
• Smart rings
• Pulse oximeters
• Bodyworn
• Smartpatches
• Chest straps
• Smart textiles
• T-shirts
• Smart bandages
• Shoes
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
WEARABLE SEGMENTATION BY TYPE
Where are wearables worn?
Non-exhaustive list
13. 1313
EVOLUTION OF WEARABLE DEVICES
From single
function to
closed loop,
all is related
to data
generated and
level of
confidence on
these data to
achieve goals.
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
1970 1990 2000
Single function,
not connected
2020
Multifunction,
connected devices,
data collection &
processing
2030?
Acceleration of development
Technology x market
development Closed loop,
augmented
human
2010
People care
Calculator, mini computer
Multifunction,
sometimes
connected to
devices
TV command
Chronometer
Agenda
Fitness trackers
Smartwatch
Smart glasses
Smart health
Wellness devices
Augmented reality audio
Closed loop treatment
Augmented reality
14. 1414Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
FROM MEDICAL DEVICE TO CONSUMER HEALTHCARE
Blurring lines
Consumer devices Medical devices
Fitbit Charge 4 Oura Ring
The Dash - Bragi
Omron
HeartGuide
Apple Watch
Series 4
Emotiv EpocX headset
Echo Smart patch Smart inhalers
Philips Body
scales
Withings BPM
connect
MC10 Biostamp patch
Fitness and wellbeing applications
No approval
From 10k to million units
Retail stores
Medical / Healthcare device
Approval from health organization
From thousands to 100k units
Prescription mandatory
Consumer healthcare
Consumer healthcare
Approval, or function approved from health
organization
From thousands to million units
Over the counter
Hearing aids
ResMed CPAP home
15. 1515Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
MARKET TRENDS
Identifying the needs
Performances
Stay healthy
Diagnose / care
Prevention
• Pure consumers
• Sport people (runners, hikers, …)
• High performance athletes
Type
• Raw data + analytics
• Coaching
• Comfort
• Sport accessory
Wearable interest
• Pure consumers
• Young people / millenials
• Daily monitoring data
• Coaching + Health information
• Comfort
• Fashion accessory
• Older people (over 50 years old)
• People at risks (obesity, family
risks…)
• Continuous data monitoring
• Alerts / indications / coaching
• Comfort
• Fashion accessory ( no stigma)
• People with chronic disease
• Acute / severe diseases
• Assistant living
• Continuous data monitoring
• Alerts / indications / coaching
• Connectivity (family, caregivers)
• Medical device format
16. 1616Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
COVID-19 PANDEMIC IMPACT
Accelerating and fostering telehealth and connected devices
Before infection – no
prescription
• Monitoring at home /
everywhere
• Mainly using wearables and
thermometers to monitor
changes in body temperature
Infection suspicion /
diagnostics
• Point-of-care devices
(ultrasound PoC, diagnostic
test) at the patient side / GPs
office
• Tele consultation
Patient infected
• Severe infections: patients at
hospitals, monitoring with
body patches
• Non-critical infections:
patients at home to avoid
contact, remote monitoring
with body patches, tele-
transmitted data, tele-
consultation
Post infection
• Post severe infection: patient
monitored with their vital
signs – data tele-transmitted
• Non-critical: own surveillance
possible with wearables
17. 1717
From 2014 to 2025, it is a huge market that has developed. In 2014, it was the early stage
of wearables, with increasing offer of fitness bands and first smartwatches.
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
2014 – 2025 WEARABLE MARKET EVOLUTION
$0
$20
$40
$60
$80
$100
2014 2019 2025e
$B
By revenue ($B)
Smart clothing
revenues
Bodyworn revenues
Headworn revenues
Wristworn revenues
Fitness trackers
momentum
Hearables
momentum
CGM* ramp-up
0
200
400
600
800
2014 2019 2025e
Millionunits
By shipment (million units)
18. 1818Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
MARKET TRENDS
Explanatory slides by wearable product types:
• Wearable product type:Wristworn, Headworn, Bodyworn, Smart clothing
• Wearable product description
• Use case for consumer and medical market
19. 1919Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
2018 - 2020 M&A ACTIVITY
Jul. Nov.Sept.
2018 2019 2020
Jan. Mar. May Jul. Nov.Sept.Jan. Mar. May Jan. Mar. May July
Sept. 2020:
mCube acquired Kinduct for an
undisclosed amount
Nov 1st , 2019
Google acquires
Fitbit for $2.1B
Dec 2019
ams acquires Osram
by $5.1B
July 2020
Garmin acquires
FirstBeat Analytics for
an undisclosed amount
April 2020
Medopad (Huma)
acquires Bio-Beat for an
undisclosed amount
Dec 2019
Medtronic acquires
Klue for diabete and
nutrition
Nov 2019
Biofourmis acquires
Biovotion
May 2019
Magic Leap acquire
the AR telepresence
start-up Mimesys
Jan 2019
Google invest $40 million
to acquire some Fossil's
smartwatch technology
Aug. 2018
Apple acquires the start-
up Akonia Holographics
that develops AR lenses
Nov. 2018
Medtronic acquires
Nutrino Health, an AI-
powered nutrition
platform
May. 2018
Withing's management re-
acquired the digital health
business the company sold
to Nokia in 2016.
Feb. 2018
Fitbit acquiresTwine
Health, specialized in
Chronic diseases
20. 2020
In the latest 5 years, $2.6B funds were raised for wearables. Verily is at the top of the fundraising with $1B,
however the money will not all go to wearables. Even if we are substracting the $1B, it is still $1.6B raised by
multiple companies.
o It is quite clear that companies are in a large majority start-ups.
o It is also clear that companies with interest in wearable healthcare are attracting investors.
As well, the number of Merger & acquisition (M&A) is showing a strong excitement around wearables. We could
find 2 major types for interest for M&A in the past 3 years:
o The acquisition of technology by acquiring a company or just an asset (inorganic growth)
o The acquisition of a company in the value chain to set-up a solution – value is in the hardware and the software.
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
ALMOST $2.6B FUNDRAISING
First step
Reinforcing the core technology
Second step
Reinforcing position in the value
chain
Acquiring companies –
start-ups, or an asset
Acquiring companies higher
in the value chain to set-up
a solution.
22. 2222Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
SENSOR AND TECHNOLOGY TRENDS
Description of sensor types:
• Sensor player landscape
• Description of sensor technology and working principle
• Sensor and system integration
• Emerging sensors / emerging applications
23. 2323
• A wearable device, also simply called "Wearable" is a wireless electronic device that is worn on the
skin or close to it. A particular aspect is that this wearable is attached to the user, directly on the
body or on one of the accessory / cloth. Wearables are battery-based devices like smartwatches,
fitness bands or hearables, but could be also passive devices for a few of them like pH sensor
patches, skin micro-laboratories,…
• A wearable device is very similar to a smartphone and is sharing most of the challenges.
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
TECHNOLOGY TRENDS
Introduction
Miniaturization
Accuracy
Connectivty
High
integration
Power
consumption
Accuracy is more related to
medical wearables due to
classification as "Medical device"
24. 2424
• Google ATAP (Advanced Technology & Project), a technology incubator of the
giant firm is developing a radar technology that could be integrated in mobile
devices like smartwatches (and smartphones).
• Google ATAP challenge was to develop a solid-state radar, small enough to reach
the footprint of wearables.
• Manufactured by Infineon, the radar chip is known as XENSIV 60GHz with high
resolution detection up to 2.5cm.The chip is integrated from
• Applications are Human Machine Interface (HMI):
• Gesture recognition
• Command control (Music, alarms,…)
• This could be an actual game changer, especially for a company like Google that
has been looking for a positive differentiator in order to finally penetrate the
consumer mobile and wearable markets after a decade of relative failures.
• Soli radar chip is not expected to be integrated into wearables before 2023.
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
TECHNOLOGY TRENDS
Radar technology for wearables
Soli radar chip and working principle; Source: Google ATAP
25. 25
Contact our
SalesTeam
for more
information
25
Contact our
SalesTeam
for more
information
Microphones, Microspeakers and
Audio Solutions Market and
TechnologyTrends 2019
BioMEMS Market and
Technology 2020
Status of the MEMS Industry
2020
Displays and Optics for AR &
VR 2020
Ultrasound Sensing Technologies for Medical,
Industrial and Consumer Applications 2018
New edition soon available
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
YOLE GROUP OF COMPANIES RELATED REPORTS
Yole Développement
26. 26
Contact our
SalesTeam
for more
information
26
Contact our
SalesTeam
for more
information
Teardown TrackWearableConsumer MEMS Microphones
Comparison 2020
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
YOLE GROUP OF COMPANIES RELATED ANALYSES
System Plus Consulting
27. 2727
The Yole Group of Companies, including Yole Développement,
System Plus Consulting, Knowmade and PISEO, are pleased to
provide you a glimpse of our accumulated knowledge.
Feel free to share our data with your own network, within your
presentations, press releases, dedicated articles and more. But
before that, contact our Public Relations department to
make sure you get up-to-date, licensed materials.
We will be more than happy to give you our latest results and
appropriate formats of our approved content.
Your contact: Sandrine Leroy, Dir. Public Relations
Email: leroy@yole.fr
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
HOWTO USE OUR DATA?
28. 28
Western US & Canada
Steve Laferriere - steve.laferriere@yole.fr
+ 1 310 600 8267
Eastern US & Canada
ChrisYouman - chris.youman@yole.fr
+1 919 607 9839
Europe and RoW
Lizzie Levenez - lizzie.levenez@yole.fr
+49 15 123 544 182
Benelux, UK & Spain
Marine Wybranietz - marine.wybranietz@yole.fr
+49 69 96 21 76 78
India and RoA
Takashi Onozawa - takashi.onozawa@yole.fr
+81 80 4371 4887
Greater China
MavisWang - mavis.wang@yole.fr
+886 979 336 809 +86 136 6156 6824
Korea
Peter Ok - peter.ok@yole.fr
+82 10 4089 0233
Japan
Miho Ohtake - miho.ohtake@yole.fr
+81 34 4059 204
Japan and Singapore
Itsuyo Oshiba - itsuyo.oshiba@yole.fr
+81 80 3577 3042
Japan
Toru Hosaka – toru.hosaka@yole.fr
+81 90 1775 3866
CONTACTS
Wearables in Consumer and Medical Applications | Sample | www.yole.fr | ©2020
FINANCIAL SERVICES
› Jean-Christophe Eloy - eloy@yole.fr
+33 4 72 83 01 80
› Ivan Donaldson - ivan.donaldson@yole.fr
+1 208 850 3914
CUSTOM PROJECT SERVICES
› Jérome Azémar, Yole Développement -
jerome.azemar@yole.fr - +33 6 27 68 69 33
› Julie Coulon, System Plus Consulting -
jcoulon@systemplus.fr - +33 2 72 17 89 85
GENERAL
› CamilleVeyrier, Marketing & Communication
camille.veyrier@yole.fr - +33 472 83 01 01
› Sandrine Leroy, Public Relations
sandrine.leroy@yole.fr - +33 4 72 83 01 89
› General inquiries: info@yole.fr - +33 4 72 83 01 80
Follow us on
REPORTS, MONITORS &TRACKS