Market Overview

Bioacoustics is branch of science that combines biology and acoustics. It is associated with the production, control, transmission, reception, and effects of sound on animals as well as humans. It is used to understand the relationship between features of sounds animals produce, the nature of the environment in which they are used, and the functions they are designed to serve. The technology records and analyzes ultrasound and vibration by using digital technology, which consists of equipment and software. Increasing electronic developments and miniaturization of equipment have expanded the field of bioacoustics, as they use bioacoustics sensors to improve sensitivity and better the operational efficiency. Bioacoustics sensors are lighter in weight than integrated sensors due to which the overall weight of the system reduces. High-end technologies such as augmented reality and machine learning are used in bioacoustics sensing, which in turn is expected to further strengthen the adoption of bioacoustics in the near future.

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Market Dynamics

Major factors driving growth of the bioacoustics sensing market include growing awareness and worldwide acceptance of artificial intelligence. Report of the U.S. (GAO) Government Accountability Office estimated that, revenue from AI is projected to account for US$ 25 billion to over US$ 40 billion by 2025, from US$ 5 billion in 2017. Artificial intelligence is majorly used in wearable and connected devices, which are products used in bioacoustics sensing technology. Additionally, the adoption of bioacoustics sensing technology is increasing in the healthcare sector due to various applications such as improving human comfort, convenience, and security as well as monitoring health conditions. Bioacoustics sensors are used for constant observation and monitoring of blood pressure, respiratory system, and stamina. For instance, according to report by Semantic Scholar in the U.S., 39 of 40 patients (97.5%) demonstrated good tolerance of the bioacoustics sensor for detecting heart beats in 2015. The Ionic Polymer Metallic Composites can be used as bio?acoustic sensor, is placed over the carotid artery to resolve the arterial pressure waveform in situ and on the thorax to measure the S1 and S2 cardiac sounds. Major applications of bioacoustics sensing devices in the healthcare sector include primary stage detection of diseases such as cancer. It is also used in skin put technology, which uses the surface of the skin as an input device, it makes the human body suitable for acoustic transmission. It permits users to use their own arms and hands as touch screens by sensing different vibrations that are generated when knocking various parts of skin.

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Major players operating in the global bioacoustics sensing market include Matsushita Electric Industrial, Panasonic Corporation, Honeywell, Pacesetter, Samsung Electronics, Medacoustics, Remon Medical Technologies, Avisoft Bioacoustics, MSI Transducers Corporation, Materials Systems Inc., AT&T, and IBM.

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