Bioacoustics Sensing Market Size, Share and COVID-19 Impact Analysis, By Component (Hardware, Software, Services) By Application (Healthcare, Consumer Electronics, Ecology, and Agriculture), and Regional Forecast, 2024-2032

Bioacoustics Sensing combines biology and acoustic, including ultrasound and vibration. It refers to investigating sound production and dispersion and uses digital technology. Bioacoustics Sensing uses digital technology devices, including hardware and software, to analyze and record sound. Bioacoustics sensing is gaining traction in healthcare as it can detect diseases in their early stages and the usage of this technology has tremendous potential in coming years.

Bioacoustic data provide technical and scientific insights in various areas, including mechanical interpretation of human speech, location of marine sources, animal vocalization, and mapping of geophysical structures in the ocean. Analyzing data in these areas can be daunting due to challenges such as under-measurement, data corruption, reverberation, and large amounts of data. Larger datasets limit the human effort required to identify acoustic features manually. Machine learning techniques are used for pattern recognition in various areas, including acoustics.

Machine learning in bioacoustics sensing is useful for estimating data labels based on measured attributes such as animal species and for estimating their position based on acoustic array recordings. Compared to traditional signal processing methods, machine learning in bioacoustics sensing offers superior performance. Unsupervised machine learning algorithms are used for data visualization, anomaly detection, exploratory data analysis, and feature learning.

Impact of COVID-19 on the Bioacoustics Sensing Market

Ultrasound has become a valuable tool for COVID-19 pandemic physicians because it helps physicians monitor the apparent lesions of COVID-19 just below the pleura, the membrane surrounding the lungs and body. Ultrasound is used to treat lung and heart complications of COVID-19. Ultrasound is used for imaging the lung tissue that is affected by pneumonia. Patients with COVID-19 are at risk of cardiac complications because respiratory effort causes cardiac dysfunction, so cardiac ultrasound is used to analyze the effect of disease progression on cardiac function. Features of ultrasound recorders like compact, portability, and ergonomic design help to quickly adapt to various clinical spaces, such as operating rooms and emergency rooms. Thereby, the demand has increased for ultrasound recorders in 2020.

Key Insights

The report will cover the following key insights:

• Micro Macro Economic Indicators.


• Drivers, Restraints, Trends and Opportunities.


• Business Strategies Adopted by the Players.


• Impact of COVID-19 on Bioacoustics Sensing Market.


• Consolidated SWOT Analysis of Key Players.

Analysis by Application Segment

The application is divided into consumer electronics, healthcare, ecology and agriculture segments. The healthcare segment is estimated to grow at the highest CAGR during the forecast period. Bioacoustic sensor technology is increasingly used in healthcare because it helps improve human comfort, convenience, safety, and monitoring health. Bioacoustic sensors constantly study and monitor stamina, blood pressure, and respiratory system.

Regional Analysis

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North America has the largest share of the global bioacoustic sensing market due to the widespread adoption of artificial intelligence and advanced technology in countries such as the United States and Canada. Global revenues from AI are projected to grow from about $8 billion in 2016 to over $47 billion in 2020, according to a report from the WeForum (World Economic Forum).

Europe is the second largest market after North America, with advanced technologies such as wearable technology and regional bioacoustic sensors. For instance, a PLOS (Public Library of Science) report estimates that the global wearable market will exceed $ 34 billion by 2020. In addition, skin put technology is developing rapidly in the European market, and the acceptance of bioacoustic sensing in Europe is increasing. Key growth drivers for the European bioacoustic sensor market include the United Kingdom, France, and Germany.

The Asia Pacific market is growing slowly due to a lack of knowledge of bioacoustic sensing technology and a lack of skilled workers in the region.

The distribution of bioacoustics sensing by region of origin is as follows:

• North America – 45%


• Europe – 30%


• Asia Pacific – 16%


• Middle East and Africa – 6%


• Latin America – 3%

Key Players Covered

The report will include the profiles of key players, including AT&T, IBM, Panasonic Corporation, Honeywell International, Avisoft Bioacoustics, Remon Medical Technologies, Med-Acoustics, and others.

Segmentation

Key Industry Developments

• In May 2021, Avisoft introduced Avisoft-Recorder, a new USB key driver used for supporting Sentinel HL keys.


• In April 2022, Samsung launched GM85Fit, a radiography device for effective and efficient patient care.