Report Id: MDWMDM718
Wearable Medical Devices Market By Devices (Pain management devices, Glucose monitoring devices, Respiratory Therapy devices); By End-User (Home healthcare, Remote Patient Monitoring, Sports and Fitness) and by Regional Analysis - Global Forecast by 2023 - 2028
The Wearable Medical Devices Market is expected to be around US$ 27.15 Billion by 2028 at a CAGR of 18% in the given forecast period.
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Major Players
- Nuubo
- Omron Corporation
- Zephyr Technology Corporation
- Basis Science Inc
- Corventis Inc
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
18
REPORT DESCRIPTION
Wearable medical devices are handheld observation tools used in identification and observation of illness. thanks to the rise in chronic diseases, patients are opting home attention as a value effective and efficient method of treatment, instead of hospital services.
How Big is The Global Wearable Medical Devices Market?
The Wearable Medical Devices Market is expected to be around US$ 27.15 Billion by 2028 at a CAGR of 18% in the given forecast period.
The major driving factors of Wearable Medical Devices Market are as follows:
- Technological Advancements in wearable Medical Devices
- Increasing Penetration of Smartphones and Growing variety of Smartphone-Based Attention Apps Compatible with wearable Devices
- Growing Preference for Wireless Property Among attention suppliers
- Increasing concentrate on shape
The major restraining factors of Wearable Medical Devices Market are as follows:
- High price of wearable Devices and Lack of compensation
- Data Security problems
The Wearable Medical Devices Market has been segmented as below:
By Devices:
- Pain management devices
- Glucose monitoring devices
- Respiratory Therapy devices
By End-User:
- Home healthcare
- Remote Patient Monitoring
- Sports and Fitness
By Regional Analysis:
- North America
- Europe
- Asia-Pacific
- Rest of the World
The Wearable Medical Devices Market is segmented on the lines of its Devices, end-user and regional. Basis of Devices is segmented into Pain management devices, Glucose monitoring devices and Respiratory Therapy devices. Based on end-user it covers Home healthcare, Remote Patient Monitoring and Sports and Fitness. The Wearable Medical Devices Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Wearable Medical Devices Market and related technologies.
2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans for Wearable Medical Devices Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
Report Scope:
The scope of the report includes a detailed study of Wearable Medical Devices Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Nuubo, Omron Corporation, Zephyr Technology Corporation, Basis Science, Inc., Corventis, Inc., LifeWatch AG, Polar Electro, Withings, Intelesens Ltd., Fitbit, Inc. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Wearable Medical Devices Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Wearable Medical Devices Market.
4) Assess your competitor’s refining portfolio and its evolution.
Customization:
We can offer you custom research reports as per client’s special requirements.
Below are our new reports:
1. Introduction
1.1 Report Description
1.2 Markets Covered
1.3 Stakeholders
2. Research Methodology
2.1 Research Data
2.2 Market Size Estimation and Data Triangulation
2.3 Research Assumptions
3. Report Summary
4. Market Overview
4.1 Introduction
4.2 Drivers
4.3 Restrains
4.4 Industry Trends
4.5 Porter’s Five Forces Analysis
5. Wearable Medical Devices Market Analysis, By Devices
5.1 Pain management devices
5.2 Glucose monitoring devices
5.3 Respiratory Therapy devices
6. Wearable Medical Devices Market Analysis, By End-User
6.1 Home healthcare
6.2 Remote Patient Monitoring
6.3 Sports and Fitness
7. Wearable Medical Devices Market Analysis, By Region
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Rest of the World
8. Competitive Overview
8.1 Introduction
8.2 New Product Launches
8.3 Acquisitions
8.4 Agreements, Partnerships, And Collaborations
8.5 Expansions
9. Company Profiles
9.1 Fitbit
9.2 Garmin
9.3 Lifewatch
9.4 Philips
9.5 Omron
9.6 Drägerwerk
9.7 Nokia Technologies
9.8 Activeinsights
9.9 Vitalconnect
9.10 World Global Network [Wor(L)D]
9.11 Xiaomi
9.12 Misfit
9.13 Jawbone
9.14 Polar Electro
9.15 Monica Healthcare
The Wearable Medical Devices Market has been segmented as below:
By Devices:
- Pain management devices
- Glucose monitoring devices
- Respiratory Therapy devices
By End-User:
- Home healthcare
- Remote Patient Monitoring
- Sports and Fitness
By Regional Analysis:
- North America
- Europe
- Asia-Pacific
- Rest of the World
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of Wearable Medical Devices Market?
The market is expected to grow at a CAGR of 18% during the study period (2023-2028)
How big is the Wearable Medical Devices Market value?
The Wearable Medical Devices Market is expected to be around US$ 27 Billion by 2028.
What is the segment’s covered for the Wearable Medical Devices Market?
The segment included in the Wearable Medical Devices Market is Devices, End User and region.
Who are the major key vendors in the Wearable Medical Devices Market?
Some key players operating in the Wearable Medical Devices Market include Nuubo, Omron Corporation, Zephyr Technology Corporation, Basis Science, Inc., Corventis, Inc., LifeWatch AG, Polar Electro, Withings, Intelesens Ltd., Fitbit, Inc
What are the different forms of the report available?
We can offer several formats of the market research reports including,
• PDF
• PPT
• Spreadsheet/ Workbook
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