Wearable Medical Devices Market, By Product Type (Wearable Therapeutic Medical Device (Hearing Aids, Insulin Pump, Respiratory Therapy Devices (Sleep Apnea Devices, Non-invasive Ventilation Device)), Wearable Monitoring and Diagnostic Device (Fetal and Obstetric Devices, Continuous Glucose Monitoring Devices, Cardiac Monitoring Devices (Wearable Heart Rate Monitors, Wearable Pulse Oximeters, Wearable Blood Pressure Monitors)), Health and Fitness Devices), By Application (Patient Monitoring, Health & Fitness, Home Healthcare), By End User (Clinics, Hospital Pharmacies, Online Channels, Hypermarkets, Individuals), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Wearable medical devices consist of sensors attached to the body, which detects and monitor changes in different parts of body and organ. Increase in awareness and health facilities and advancement in technology and innovation in the devices, are some of the factors propelling the wearable medical devices market growth. Smart watch, wristband, and smartphones are some of the wearable medical devices which are targeted by the companies. This is owing to factors such as their high demand and user friendly approach, and it also reduces hospital based expenditure. In near future technology is expected to play a major role in healthcare services. These devices help pharmaceutical companies in conducting valuable clinical trials. Wearable medical devices are available in wide range having different functions such as alerting mechanism, real-time feedback, and wireless data transmission.
Restraints of the Global Wearable Medical Devices Market
Major factors hampering the growth of the wearable medical devices market during the forecast period constitutes of inaccuracy of wearable devices, and high costs.
Key features of the study:
This report provides in-depth analysis of the global wearable medical devices market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021, as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global wearable medical devices market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study include Current Health, Sorrel Medical, Willow, Aeroflow Breastpumps, Medtronic plc, Hoffmann-La Roche Ltd., Koninklijke Philips N.V., Smiths Medical, Johnson and Johnson, OMRON Corporation, Siemens AG, Fitbit Inc., Sonova, and Panasonic Corporation.
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global wearable medical devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the market.
Detailed Segmentation
Global Wearable Medical Devices Market, By Product Type:
Wearable Therapeutic Medical Device
Hearing Aids
Insulin Pump
Respiratory Therapy Devices
Sleep Apnea Devices
Non-invasive Ventilation Device
Wearable Monitoring and Diagnostic Device
Fetal and Obstetric Devices
Continuous Glucose Monitoring Devices
Cardiac Monitoring Devices
Wearable Heart Rate Monitors
Wearable Pulse Oximeters
Wearable Blood Pressure Monitors
Health and Fitness Devices
Global Wearable Medical Devices Market, By Application:
Patient Monitoring
Health & Fitness
Home Healthcare
Global Wearable Medical Devices Market, By End User:
Clinics
Hospital Pharmacies
Online Channels
Hypermarkets
Individuals
Global Wearable Medical Devices Market, By Geography:
North America
By Product Type
Wearable Therapeutic Medical Device
Hearing Aids
Insulin Pump
Respiratory Therapy Devices
Sleep Apnea Devices
Non-invasive Ventilation Device
Wearable Monitoring and Diagnostic Device
Fetal and Obstetric Devices
Continuous Glucose Monitoring Devices
Cardiac Monitoring Devices
Wearable Heart Rate Monitors
Wearable Pulse Oximeters
Wearable Blood Pressure Monitors
Health and Fitness Devices
By Application
Patient Monitoring
Health & Fitness
Home Healthcare
By End User
Clinics
Hospital Pharmacies
Online Channels
Hypermarkets
Individuals
By Country:
U.S.
Canada
Europe
By Product Type
Wearable Therapeutic Medical Device
Hearing Aids
Insulin Pump
Respiratory Therapy Devices
Sleep Apnea Devices
Non-invasive Ventilation Device
Wearable Monitoring and Diagnostic Device
Fetal and Obstetric Devices
Continuous Glucose Monitoring Devices
Cardiac Monitoring Devices
Wearable Heart Rate Monitors
Wearable Pulse Oximeters
Wearable Blood Pressure Monitors
Health and Fitness Devices
By Application
Patient Monitoring
Health & Fitness
Home Healthcare
By End User
Clinics
Hospital Pharmacies
Online Channels
Hypermarkets
Individuals
By Country:
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type
Wearable Therapeutic Medical Device
Hearing Aids
Insulin Pump
Respiratory Therapy Devices
Sleep Apnea Devices
Non-invasive Ventilation Device
Wearable Monitoring and Diagnostic Device
Fetal and Obstetric Devices
Continuous Glucose Monitoring Devices
Cardiac Monitoring Devices
Wearable Heart Rate Monitors
Wearable Pulse Oximeters
Wearable Blood Pressure Monitors
Health and Fitness Devices
By Application
Patient Monitoring
Health & Fitness
Home Healthcare
By End User
Clinics
Hospital Pharmacies
Online Channels
Hypermarkets
Individuals
By Country:
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
By Product Type
Wearable Therapeutic Medical Device
Hearing Aids
Insulin Pump
Respiratory Therapy Devices
Sleep Apnea Devices
Non-invasive Ventilation Device
Wearable Monitoring and Diagnostic Device
Fetal and Obstetric Devices
Continuous Glucose Monitoring Devices
Cardiac Monitoring Devices
Wearable Heart Rate Monitors
Wearable Pulse Oximeters
Wearable Blood Pressure Monitors
Health and Fitness Devices
By Application
Patient Monitoring
Health & Fitness
Home Healthcare
By End User
Clinics
Hospital Pharmacies
Online Channels
Hypermarkets
Individuals
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East:
By Product Type
Wearable Therapeutic Medical Device
Hearing Aids
Insulin Pump
Respiratory Therapy Devices
Sleep Apnea Devices
Non-invasive Ventilation Device
Wearable Monitoring and Diagnostic Device
Fetal and Obstetric Devices
Continuous Glucose Monitoring Devices
Cardiac Monitoring Devices
Wearable Heart Rate Monitors
Wearable Pulse Oximeters
Wearable Blood Pressure Monitors
Health and Fitness Devices
By Application
Patient Monitoring
Health & Fitness
Home Healthcare
By End User
Clinics
Hospital Pharmacies
Online Channels
Hypermarkets
Individuals
By Country:
GCC
Israel
Rest of Middle East
Africa
By Product Type
Wearable Therapeutic Medical Device
Hearing Aids
Insulin Pump
Respiratory Therapy Devices
Sleep Apnea Devices
Non-invasive Ventilation Device
Wearable Monitoring and Diagnostic Device
Fetal and Obstetric Devices
Continuous Glucose Monitoring Devices
Cardiac Monitoring Devices
Wearable Heart Rate Monitors
Wearable Pulse Oximeters
Wearable Blood Pressure Monitors
Health and Fitness Devices
By Application
Patient Monitoring
Health & Fitness
Home Healthcare
By End User
Clinics
Hospital Pharmacies
Online Channels
Hypermarkets
Individuals
By Country/Region:
Central Africa
South Africa
North Africa
Company Profiles
Current Health*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Sorrel Medical
Willow
Aeroflow Breastpumps
Medtronic plc
Hoffmann-La Roche Ltd.
Koninklijke Philips N.V.
Smiths Medical
Johnson and Johnson
OMRON Corporation
Siemens AG
Fitbit Inc.
Sonova
Panasonic Corporation
“*” marked represents similar segmentation in other categories in the respective section.
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