Global wearable medical devices market is projected to register a CAGR of 19.6% in the forecast period of 2020 to 2027. The new market report contains data for the historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027
Market Segmentation:
Global Wearable Medical Devices Market, By Type (Diagnostic Devices and Therapeutic Devices), Site (Headband, Handheld, Arm & Wrist, Clip, Shoe Sensor, Others), Device (Wristwatch/Wristband, Smart Clothing, Smartwatch, Ear Wear, Others), Application (Cardiac Health, Obesity Control, Diabetes Care, Fitness Monitoring, Sleep Tracking), Country (U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Israel, Egypt, Rest of Middle East and Africa) – Industry Trends & Forecast to 2020
Some of the major factors contributing to the growth of the global wearable medical devices market are:
• Rising incidence of chronic diseases
• Government initiatives to promote contactless remote monitoring of patients
Market Players:
The key market players for global wearable medical devices market are listed below:
• Sotera Wireless, Inc.
• Bio- Beat
• Medtronic
• Abbott
• Misfit
• Masimo
• Guangdong Transtek Medical Eletronics Co., Ltd.
• Hocoma
• Withings
• Xiaomi
• Fitbit, Inc.
• Polar Electro
• Omron Healthcare, Inc.
• Apple Inc.
• Garmin Ltd.
• Activinsights Ltd.
• Bio Telemetry, Inc.
• VitalConnect
• Koninklijke Philips N.V.
• SAMSUNG
• iRhythm Technologies, Inc.
• Dexcom, Inc.
• Huawei Device Co., Ltd.