Market Insights Digital Digital Health Digital Treatment & Care

Connected Biosensors - Poland

Poland

In Poland, the revenue in the market Connected Biosensors is projected to reach €74.06m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.85%, resulting in a projected market volume of €93.87m by 2029.
The user penetration is estimated to be 2.29% in 2024 and is expected to increase to 2.54% by 2029.
The average revenue per user (ARPU) is projected to be €80.30.
In global comparison, China is expected to generate the most revenue in this market with €4,123.00m in 2024.
Poland is experiencing a surge in demand for connected biometric sensors, as the digital health market continues to expand.

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

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Analyst Opinion

The Connected Biosensors market in Poland is experiencing significant growth and development, driven by various factors shaping consumer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors.

Customer preferences: Customers in Poland are increasingly seeking connected biosensors that offer convenience, accuracy, and real-time health monitoring. The demand for smart thermometers, smart blood glucose meters, smart blood pressure meters, and social alarms is rising as consumers prioritize proactive healthcare management and preventive measures. Additionally, there is a growing preference for connected biosensors that integrate with mobile applications for easy data tracking and analysis.

Trends in the market: In Poland, there is a noticeable trend towards the adoption of connected biosensors for remote patient monitoring and telehealth services. Smart blood pressure meters and smart blood glucose meters are particularly popular among individuals with chronic conditions who require regular monitoring. The market is also witnessing an increase in the use of social alarms by the elderly population and individuals living alone for immediate assistance in case of emergencies.

Local special circumstances: Poland's healthcare system is undergoing digital transformation, with a focus on enhancing healthcare accessibility and efficiency. The government is investing in eHealth initiatives and telemedicine services, creating a conducive environment for the growth of the connected biosensors market. Additionally, the aging population in Poland is driving the demand for connected biosensors that enable remote monitoring and timely intervention, aligning with the country's healthcare priorities.

Underlying macroeconomic factors: The economic stability and increasing disposable income levels in Poland are contributing to the growth of the connected biosensors market. As consumers become more health-conscious and tech-savvy, they are willing to invest in connected biosensors to track their health metrics and improve their overall well-being. Furthermore, the presence of key market players offering innovative and affordable connected biosensor solutions is fueling market expansion and competition in the region.

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.