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The wearable medical devices market is forecasted to grow by USD 26.55 billion during 2023-2028, accelerating at a CAGR of 23.31% during the forecast period. The report on the wearable medical devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of chronic diseases globally, increasing demand for cost-effective and user-friendly medical devices, and integration of smartphone applications with wearable medical devices.
The wearable medical devices market is segmented as below:
By Product
- Diagnostic and monitoring devices
- Therapeutic devices
By Application
- Home healthcare
- Sports and fitness
- Remote patient monitoring
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
The report on the wearable medical devices market covers the following areas:
- Wearable medical devices market sizing
- Wearable medical devices market forecast
- Wearable medical devices market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global wearable medical devices market: 3L Labs Co. Ltd., Abbott Laboratories, Alphabet Inc., Apple Inc., Biotricity Inc., Boston Scientific Corp., Daifuku Co. Ltd., Dexcom Inc., Garmin Ltd., General Electric Co., Huawei Technologies Co. Ltd., Johari Digital India Ltd., Koninklijke Philips N.V., Medtronic Plc, OMRON Corp., Oura Health Oy, Polar Electro Oy, Samsung Electronics Co. Ltd., ten3T Healthcare, and The Sotera Wireless Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of innovative wearable medical devices."
According to the report, one of the major drivers for this market is the increasing prevalence of chronic diseases globally.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3L Labs Co. Ltd.
- Abbott Laboratories
- Alphabet Inc.
- Apple Inc.
- Biotricity Inc.
- Boston Scientific Corp.
- Daifuku Co. Ltd.
- Dexcom Inc.
- Garmin Ltd.
- General Electric Co.
- Huawei Technologies Co. Ltd.
- Johari Digital India Ltd.
- Koninklijke Philips N.V.
- Medtronic Plc
- OMRON Corp.
- Oura Health Oy
- Polar Electro Oy
- Samsung Electronics Co. Ltd.
- ten3T Healthcare
- The Sotera Wireless Inc.
