Wearable Medical Devices Market Trends 2019 Global Industry Analysis, Top Manufacturers, Share, Growth, Statistics, Opportunities & Forecast to 2025

The Wearable Medical Devices Market report provides detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants.

Applications of wearable technology in home healthcare is projected to witness fastest growth over 40% CAGR during the forecast period. Increasing demand for personalized home healthcare services and developments in wearable technology will boost home healthcare wearable medical devices market over the forecast period.

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Global Wearable Medical Devices Market will reach over USD 87.5 billion by 2025; as per a new research report. Growing awareness about physical fitness will create demand for fitness monitoring and tracking devices that will drive wearable medical devices market growth over the forecast timeframe. Increasing disposable income of population resulted in rising adoption rate thereby positively impacting the growth of wearable devices market.

Companies operating in sports medicine business have adopted extensive advertisement policies and campaigns to raise awareness about their products as well as broaden their customer base. Increasing research and development expenditure will lead to advancements in products escalating sales of sports medicine products. However, data security issues affecting the preference of customers might hamper industry expansion to certain extent over the forecast timeframe.

India wearable medical devices market held considerable regional share in 2018 and is projected to grow by 46.7% during the forecast timeframe due to high rate of adoption of new technology, technological advancements in healthcare wearables and extensive advertisement by firms in the country. Growing incidence of chronic diseases and rising awareness about physical fitness will further drive India wearable medical devices market.

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Body and temperature monitors market is projected to witness over 40% CAGR during the forecast period. Advantage of wearable technology in real-time non-invasive monitoring of temperature will drive body and temperature monitors market. Furthermore, incorporated thermal sensors monitoring body temperature through wrist skin will stimulate the segmental growth during the analysis period.

Based on application, the wearable medical devices industry is segmented into fitness monitoring, cardiac health, diabetes care, obesity control, and sleep tracking devices. Diabetes care market accounted for USD 1.8 billion in 2018 and is anticipated to grow significantly over the coming years owing to rising prevalence of diabetes among geriatric population base and technological advancements including presence of non-invasive electrochemical sensors for monitoring skin interstitial fluid and sweat that reflect blood glucose concentration.

Few notable companies operating in global wearable medical devices market are Sotera Wireless, Koninklijke Phillips N.V., Fitbit, and Omron Corporation among others. Industry players are focusing on various strategies for expansion and development of business such as advertisements, campaigns and others to promote their wearable medical devices as well as broaden customer base over the coming years.

Table of Contents:

Chapter 1. Methodology

1.1. Methodology

1.2. Market definition

1.3. Forecast parameters

1.4. Data sources

1.4.1. Secondary Paid sources Unpaid sources

1.4.2. Primary

Chapter 2. Executive Summary

2.1. Wearable medical devices industry 360 degree synopsis, 2014 - 2025 (USD Million)

2.1.1. Business trends

2.1.2. Device trends

2.1.3. Application trends

2.1.4. End-use trends

2.1.5. Regional trends

Chapter 3. Wearable Medical Devices Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2014 - 2025 (USD Million)

3.3. Industry impact factors

3.3.1. Growth drivers Increasing awareness about physical fitness and wearable devices among the population in developing countries Growing prevalence of chronic diseases globally Technological advancements in wearable devices Rising disposable income and healthcare expenditure in emerging countries

3.3.2. Industry pitfalls & challenges Issues related with data security Cost-intensive nature of wearable devices

3.4. Growth potential analysis

3.4.1. By device

3.4.2. By application

3.4.3. By end-use

3.5. Regulatory landscape

3.5.1. U.S.

3.5.2. Europe

3.6. Technology landscape

3.6.1. Upcoming technologies Smart textiles Smart contact lenses Smart glasses Smart rings

3.7. Industry eco-system

3.7.1. Current trends in the industry

3.7.2. Start-up scenario

3.8. SWOT analysis

3.9. Porter's analysis

3.10. Competitive landscape, 2017

3.10.1. Strategy dashboard

3.11. PESTEL analysis

Chapter 4. Wearable Medical Devices Market, By Device

Chapter 5. Wearable Medical Devices Market, By Application

Chapter 6. Wearable Medical Devices Market, By End-use

Chapter 7. Wearable Medical Devices Market, By Region

Chapter 8 Wearable Medical Devices Market Company Profiles

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Diagnostic Wearable Medical Devices Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Diagnostic Wearable Medical Devices industry with a focus on the Chinese market. The report provides key statistics on the market status of the Diagnostic Wearable Medical Devices manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014-2024 global and Chinese Diagnostic Wearable Medical Devices market covering all important parameters.


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