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PPG Biosensors Market to be dominated by Smartwatches Segment to reach USD 1001.73 Mn by 2030- Says Stellar Market Research

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PUNE, India, July 12, 2024 /PRNewswire/ — Stellar Market Research, a leading Healthcare business research firm has published a report on the “PPG Biosensors Market“. The market size for the PPG Biosensors Market was USD 470.49 Mn in 2023 and is expected to grow at a CAGR of 11.4 percent through the forecast period, reaching USD 1001.73 Mn by 2030.

The report on PPG Biosensors provides a detailed analysis of the approaches of the top players in the market with an in-depth analysis of the market segments and regions. A wide-ranging analysis of market dynamics including drivers, restraints, opportunities, and challenges is provided in the PPG Biosensors Market report. It also includes statistics for import/export consumption, supply and demand, price, cost, revenue, and gross margins which makes it an investor’s guide.

The information for the PPF Biosensors Market report was collected using primary and secondary research methods, which were combined to make the report reliable. The primary research conducted includes the questionnaire distribution, surveys, and phone interviews with industry experts, market leaders, marketing professionals, and entrepreneurs. The bottom-up methodology has been used to estimate the global and regional market size. SWOT analysis was used to provide the strengths and weaknesses, while PESTEL analysis to deliver micro-economic factors of the key players in the market.

Get your Sample PDF: https://www.stellarmr.com/report/req_sample/PPG-Biosensors-Market/1491 

PPG Biosensors Market Scope

Market Size in 2023

USD 470.49 Mn

Market Size in 2030

USD 1001.73 Mn

CAGR                              

11.4 Percent

Forecast Period

2024-2030

Base Year

2023

Number of Pages

229

No. of Tables

138

No. of Charts and Figures

193

Segment Covered

By Product Application, and Distribution Channel

Regional Scope

North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage

Market Share, Size, and Forecast by Revenue | 2024−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

What’s New: Recent Additions and Updates

A detailed analysis of updates on recent regulatory approvals for PPG biosensors, focusing on key markets like the US, Europe, and Asia. Discuss the effects of these approvals on market growth and adoption.Highlight recent introductions of advanced PPG biosensors with improved accuracy, reliability, and user-friendliness. Include examples from leading companies and innovative startups.Details on new market growths, partnerships, and collaborations within the PPG biosensors industry. Include strategic alliances between technology providers, healthcare institutions, and consumer electronics companies.

PPG Biosensors Market Dynamics

Continuous evolution in the advanced PPF biosensor technology has resulted in the development of many devices that increase the accuracy and efficacy of biosensors. The advanced sensors can detect multiple wavelengths, increasing the precision of metrics like heart rate, blood oxygen levels, and stress indicators. For instance, the incorporation of green, red, and infrared light in the advanced PPG Biosensors has improved the heart monitoring efficiency by about 20%, which has further resulted in fueling the demand with about 50 million PPF-incorporated wearables distributed globally in 2023. Advanced PPG sensors with artificial intelligence are included in products made by companies like Apple and Fitbit, which provides insight into the strong market performance. For Instance, the Apple Watch Series 9 is equipped with the S9 chipset. This watch offers advanced health monitoring features such as ECG, blood oxygen levels, and REM sleep tracking. It also includes an enhanced version of Siri for health-related queries. Additionally, Masimo received FDA approval in 2023 for over-the-counter and prescription use of its new “W1” smartwatch. The Masimo W1 watch combines an integrated optical sensor and electrocardiogram (ECG) electrode pads that can be used to detect physiological signals. The advancement in technology and the non-invasive nature of PPG biosensors are further expected to drive the growth of the PPG Biosensors Market.

PPG Biosensors Market Regional Insights

In 2023, North America dominated the PPG Biosensors Market and is expected to grow significantly during the forecast period. The growing incidence of chronic diseases such as cardiac disorders and diabetes increases the need for continuous health monitoring thereby increasing the demand for the PPG Biosensor Market. According to SMR, around 836,546 Americans lose their lives to cardiovascular disease (CVD) each year, and 92.1 million Americans have some kind of CVD. As low-cost wearable sensors become more widely available, PPG’s high-accuracy continuous arrhythmia tracking helps doctors and cardiologists save time and money by reducing the risk of misdiagnosis. The United States and Canada have an advanced healthcare infrastructure providing a strong base for the acceptance and incorporation of PPG Biosensors in medical applications. In 2023, the healthcare expenditure in the United States was about USD 4.3 trillion showcasing the huge market potential for medical technology. The region also has leading healthcare institutes and research facilities which drive the innovation of advanced technologies. The import and export dynamics in the region also support the PPG biosensor market growth. For instance, the United States imports a huge volume of biosensor components from China, and exports the finished devices globally, underlining the efficient supply chain and connectivity. Additionally, the regulatory environment in the region provides fast-track approvals of the devices accelerating the adoption of the PPG Biosensors.

For an in-depth analysis of Import-Export Dynamics

Request for a Sample Report: https://www.stellarmr.com/report/req_sample/PPG-Biosensors-Market/1491 

PPG Biosensors Market Segmentation

By Product

Pulse OximetersSmart WatchesSmart Wrist BandsOthers

By Application

Heart Rate MonitoringBlood Oxygen SaturationBlood PressureOthers

By Distribution Channel

Hospitals and ClinicsRetail StoresOnline Channels

PPG Biosensors Manufacturers include:

Apple Inc.Fitbit, Inc.Garmin Ltd.Samsung Electronics Co., Ltd.Xiaomi CorporationHuawei Technologies Co., Ltd.Withings (formerly Nokia Health)BioTelemetry, Inc.Others

Access a Free Sample Report: https://www.stellarmr.com/report/req_sample/PPG-Biosensors-Market/1491 

Key questions answered in the PPG Biosensors Market are:

What are PPG Biosensors?What is the current growth rate of the PPG Biosensors market?Who are the key players in the PPG Biosensors Market?What are the factors affecting growth in the PPG Biosensors Market?Who held the largest market share in the PPG Biosensors Market?What is the demand pattern for the PPG Biosensors Market?What are the key trends in the PPG Biosensors Market?What are the growth prospects in developing countries for the PPG Biosensors Market?Which segment is expected to witness the fastest growth and why in the PPG Biosensors Market?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)Past Pricing and price curve by region (2018 to 2022)Market Size, Share, Size & Forecast by Different Segment | 2024−2030Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by RegionMarket Segmentation – A detailed analysis by Product Application, Distribution Channel, and Region.Competitive Landscape – Profiles of selected key players by region in a strategic perspectiveCompetitive landscape – Market Leaders, Market Followers, Regional playerCompetitive benchmarking of key players by regionPESTLE AnalysisPORTER’s analysisValue chain and supply chain analysisLegal Aspects of business by regionLucrative business opportunities with SWOT analysisRecommendations

Stellar Market Research a leading Healthcare research firm, has also published the following reports:

Blood Glucose Monitoring Devices Market: The market is worth USD 12.27 Billion and is estimated to grow at a CAGR of 9.7% in the forecasted period. The forecasted revenue hints at a growth of around 24.42 billion USD by 2029.

Wearable Smart Device Market: The market is expected to reach US$ 524.89 Bn. in 2030 from US$ 162.44 Bn. in 2023 at a CAGR of 18.24%.

Biostimulants Market: The market size was valued at US$ 3.06 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 10.65% through 2024 to 2030, reaching nearly US$ 6.22 Bn.

Biomedical Temperature Sensor Market: The market is likely to grow to a CAGR of around 7% between 2024 and 2030. The Biomedical Temperature Sensor Market size was worth around USD 12.84 Bn. in 2023 and is estimated to hit approximately USD 20.61 Bn by 2030.

Smartphone Sensors Market: The market size was valued at USD 82.96 Bn. in 2023 and the total Global Smartphone Sensors revenue is expected to grow at a CAGR of 18.3% from 2024 to 2030, reaching nearly USD 269.01 Bn. by 2030.

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems.

Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4,
Pinnacle Memories Fl. No. 3,
Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656
Follow us:
LinkedIn | Twitter | Facebook | Instagram |

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EngineAI Debuts at CES 2025 with Revolutionary Robotics Lineup

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — On Jan 7-10, Shenzhen EngineAI Robotics, an innovator in humanoid robots, debuted at the prestigious CES 2025, showcasing its humanoid robots: the SE01, SA01, and PM01. These robots offer a versatile foundation for developers to enhance their interaction with the physical environment. The SA01 and PM01, in particular, serve as open-source platforms for further development, providing a basis for advancements in embodied intelligence.

Zhao Tongyang, the founder and CEO of EngineAI, highlighted the company’s vision to develop world-leading general-purpose humanoid robots while continuously accelerating innovation in the embodied intelligence revolution. He emphasized that EngineAI is committed to launching scalable products at competitive prices, aiming to achieve the production and sales of over a thousand units by 2025.

Zhao is a seasoned entrepreneur in the robotics industry, with a track record of pioneering advancements. His extensive experience has equipped him with substantial expertise and resources. In 2016, he founded Dogotix, pioneering humanoid robot research in China. By 2020, he launched a quadruped robot that quickly dominated the global market. After co-founding XPENG Robotics, Zhao formed a new team in early 2023 and created the humanoid robot PX5, which later gained significant attention at NVIDIA’s GTC 2024. Following the success of PX5, Zhao left XPENG Robotics to establish EngineAI, soon securing nearly 100 million yuan (approx. USD 13.64 million) in angel funding and unveiling the next-gen humanoid robot SE01 on October 24, 2024.

The SE01 has garnered significant attention at CES 2025. As EngineAI’s first full-size general-purpose humanoid robot, it marks EngineAI’s commitment to the embodied intelligence sector. Designed for industrial labor scenarios, SE01 features high load capacity and can handle tasks such as heavy lifting and precision assembly in complex factory environments. It incorporates advanced harmonic force control joint modules, deep reinforcement learning, and imitation learning algorithms, along with an end-to-end neural network model. This robot has overcome the challenge of natural gait, eliminated the awkward movements of previous robots, and significantly enhanced work efficiency and precision. Standing at 170cm and weighing 55kg, SE01 can perform human-like actions such as squatting, push-ups, and running, with athletic performance comparable to international athletes.

Another highlight is the SA01, a pioneering robot designed for research and educational settings. It features an open-source platform, offering a highly customizable bipedal robot for research institutions and educational organizations. Weighing approximately 40kg, SA01 can perform actions such as running and jumping. It utilizes a reinforcement learning algorithm architecture and an efficient power module solution, with a walking power consumption of less than 200W. Constructed with high-quality, high-strength aluminum alloy, the SA01 boasts strong system rigidity and impact resistance, making it a durable choice for the research market. Priced at USD 5,400, it offers exceptional value, with orders quickly surpassing expectations. Now EngineAI has established a stable production capacity to meet the increasing market demand.

The PM01, EngineAI’s latest release, is a lightweight, high-dynamic, fully open embodied intelligent robot. Standing at 138cm and weighing around 40kg, it offers both mechanical and humanoid natural gait walking modes. PM01 is the most flexible robot in EngineAI’s lineup so far, with human-like movement and performance rivaling the flagship SE01. It features an interactive core screen for seamless interaction and enhanced dynamic performance with additional degrees of freedom in the neck and waist. The PM01 supports extensive hardware and software capabilities, enabling cross-platform algorithm deployment and validation, making it ideal for diverse research applications. The PM01 is now available in both commercial and educational editions. From now until March 31, 2025, both editions are offered at a price of USD 13,700. During this specific period, customers who purchase the commercial edition will automatically receive an upgrade to the educational edition.

With its debut at CES, EngineAI is poised to continue its innovation-driven approach, refining its product lineup while focusing on embodied intelligence development. The company aims to advance artificial intelligence solutions, linking and building ecosystems to serve and train professional models, ultimately contributing to the emergence of the AGI era.

About EngineAI

Founded in October 2023 and in Shenzhen Bay, EngineAI specializes in general-purpose intelligent robots and industry-specific solutions, including the development and production of humanoid robots and other related products. The team comprises pioneers from China’s first cohort of legged robot research and industrialization, as well as experts from top universities and firms.

EngineAI is committed to full-stack independent development, from core components to embodied intelligence and operational algorithms. EngineAI’s products cater to various scenarios, including scientific research and education, industrial manufacturing, commercial services, and home use. The company is dedicated to advancing the commercialization of humanoid robot technology globally.

For more information, please connect with EngineAI at:
YouTube: https://www.youtube.com/@Engineairobot
LinkedIn: https://www.linkedin.com/company/engineai-robot
Instagram: https://www.instagram.com/engineairobot/
Facebook: https://www.facebook.com/profile.php?id=61562251514664
X: https://x.com/engineairobot
WhatsAPP: 18025463787
Email: support@engineai.com.cn

 

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SOURCE ENGINEAI ROBOTICS TECHNOLOGY

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Crisil unveils a new brand identity

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New logo reflects ability to power mission-critical decisions with confidence

MUMBAI, India, Jan. 10, 2025 /PRNewswire/ — Crisil Limited, a provider of ratings, data, research, analytics and solutions, today unveils its new brand logo.

The new brand identity, ‘Crisil’ (earlier written as CRISIL), reinforces the company’s position as a global, insights-driven analytics firm, building on a distinguished legacy of close to four decades.

Large and highly respected firms partner with us for the most reliable opinions on risk in India, and for uncovering powerful insights and turning risks into opportunities globally. We are integral to multiplying their opportunities and success.

Says Amish Mehta, Managing Director & CEO, Crisil, “Our reimagined brand expresses a more progressive vision of our future. It celebrates a pioneering and illustrious past and showcases our commitment to deliver actionable insights to clients. Our people’s analytical rigour and domain expertise will continue to set standards and empower clients to make mission-critical decisions with confidence. The new brand identity guides us in shaping how we present ourselves to the world, influencing every interaction internally and externally to help us deliver exceptional client value.”

The strategic brand transformation positions Crisil’s businesses — Crisil Ratings, Crisil Intelligence (formerly MI&A), Crisil Coalition Greenwich, and Crisil Integral IQ (formerly GR&RS) — under a cohesive identity that offers a consistent and more connected experience for clients around the world.

Crisil Ratings: Offers independent credit ratings in India that empower informed decisions and objective benchmarking by lenders, investors and issuers.

Crisil Intelligence: Offers insights, consulting, technology-driven risk solutions and advanced data analytics, serving clients across government, private and public enterprises, empowering them to make informed decisions.

Crisil Coalition Greenwich: Offers strategic benchmarking, analytics and insights to the financial services industry and specialises in providing unique, high-value and actionable information to help clients measure and drive their business performance.

Crisil Integral IQ: Offers solutions and actionable intelligence to financial institutions around the globe to deliver strategic transformation, optimise risk and drive operational excellence.

The main logo in bold black is simple yet strong, symbolising excellence and the certainty that we deliver. Complementing this, our business logos now feature a distinct teal colour that conveys the confidence and trust rooted in rigour and domain expertise.

About Crisil Limited

Crisil is a global, insights-driven analytics company. Our extraordinary domain expertise and analytical rigour help clients make mission-critical decisions with confidence.

Large and highly respected firms partner with us for the most reliable opinions on risk in India, and for uncovering powerful insights and turning risks into opportunities globally. We are integral to multiplying their opportunities and success.

Headquartered in India, Crisil is majority owned by S&P Global.

Founded in 1987 as India’s first credit rating agency, our expertise today extends across businesses: Crisil Ratings, Crisil Intelligence, Crisil Coalition Greenwich and Crisil Integral IQ.

Our globally diverse workforce operates in the Americas, Asia-Pacific, Europe, Australia and the Middle East, setting the standards by which industries are measured.

For more information, visit www.Crisil.com

Connect with us: LINKEDIN | TWITTER | YOUTUBE | FACEBOOK

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This press release is transmitted to you for the sole purpose of dissemination through your newspaper/ magazine/ agency. The press release may be used by you in full or in part without changing the meaning or context thereof but with due credit to Crisil. However, Crisil alone has the sole right of distribution of its press releases for consideration or otherwise through any media including websites, portals, etc.

Crisil has taken due care and caution in preparing this press release. Information has been obtained by Crisil from sources which it considers reliable. However, Crisil does not guarantee the accuracy, adequacy or completeness of information on which this press release is based and is not responsible for any errors or omissions or for the results obtained from the use of this press release. Crisil especially states that it has no financial liability whatsoever to the subscribers/ users/ transmitters/ distributors of this press release.

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Jointly Charging the Road Ahead | Huawei Releases Top 10 Trends of Charging Network Industry 2025

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SHENZHEN, China, Jan. 10, 2025 /PRNewswire/ — Huawei released the Top 10 Trends of Charging Network Industry 2025 with the theme of “Jointly Charging the Road Ahead.” Wang Zhiwu, President of Huawei Smart Charging Network Domain, comprehensively interprets the top 10 trends of the charging network industry for 2025 from the perspectives of industry development directions and technology development path.

He states that electric vehicles (EVs) have developed better than expectations again. It is estimated that the number of global EVs will reach 480 million within 10 years globally. We are already in the era of comprehensive electrification. In the future, Huawei will work with partners and customers to accelerate ultra-fast charging coverage in all scenarios. In the tide of vehicle electrification, we are dedicated to achieving the vision of jointly charging the road ahead.

Trend 1: High-Quality Development

High-quality development of charging networks has become an industry trend. The entire industry will undergo profound changes centering on high-quality development. Technologies will be iterated rapidly, and core charger enterprises will encounter a sharp decrease.

Trend 2: Comprehensive Ultra-fast Charging

“Ultra-fast charging” is a buzzword of 2024 for the industry. Multiple cities in China have started to deploy ultra-fast charging facilities, boosting the explosive growth of the number of EV models that support ultra-fast charging. It is estimated that all typical EV models will support ultra-fast charging in all scenarios by 2028.

Trend 3: Optimal Experience

Mature technologies of intelligent head units, intelligent driving, and intelligent chargers promote the charging experience to be digital, intelligent, and automatic, driving the advent of the era of digitalized charging experience.

Trend 4: Electrified Logistics

To achieve the goal of replacing oil with electricity for heavy goods vehicles, charging is the core obstacle. Ultra-fast charging technologies will completely overcome industry hurdles. Ultra-fast charging has advantages such as low construction capital expenditure (CAPEX), high charging compatibility, easy device maintenance, and small station footprint, promoting to achieve electrified logistics for the industry.

Trend 5: Grid Friendliness

In the future, power grid interaction will transit from passive to active response, and from one-way to multiple-way interaction to ensure power grid safety.

Trend 6: Multi-level Power Pooling

With increasing compatible EV models and wider power ranges, commercial EVs will even support megawatt-level charging. Facing ever-changing requirements, the power pooling technology will evolve from split-type charger application to multi-level power pooling, and extend to power grids and EVs. This evolution reduces electricity dependency on power grids, supports evolution with EV models, and meets EV requirements to the maximum extent.

Trend 7: Fully Liquid-Cooled Charging

Charging scenarios are increasingly diverse, especially including more extreme environments. Therefore, the industry is accelerating the deployment of high-power liquid-cooled charging equipment. Liquid-cooled power unit + liquid-cooled charging dispenser will become the best combination.

Trend 8: PV+ESS+Charger Integration

The traditional solution of “stacking PV, ESS, and charging cabinets” will gradually evolve to the solution of “intelligent integration” that will improve the benefits throughout the lifecycle, be friendly to power grids, and ensure safety of the charging station.

Trend 9: Low-Power DC Charging

Campus will be the core scenario for future V2G development. As low-power DC charging is becoming popular, it has more digital functions such as bonus point calculation, centralized deployment, easy management and control, and V2G evolution.

Trend 10: Electrical Safety

As charging scenarios are expanding to densely populated environments, electrical safety requirements will shift from single-point control to unified control for people, EVs, chargers, and ESSs. 

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SOURCE Huawei Digital Power

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