Wearable Medical Devices Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The global wearable medical device market is expected to grow at a CAGR of around 13.3% during 2025-2034. This report on global wearable medical device market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global wearable medical device market by segmenting the market based on type, therapeutic wearable device, application, distribution channel and region. Also, detailed profiles of companies operating in the wearable medical device market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Rising technological advancements and innovation
• Convenience in monitoring physiological symptoms
Market Challenges
• Lack of awareness about some wearable medical devices
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Type
• Wearable Electro-Cardiographs
• Wearable Sleep Monitoring Devices
• Heart Rate Monitors
• Blood Pressure Monitors
• Activity Monitors
• Electro Encephalogram
Market by Therapeutic Wearable Device
• Pain Management Devices
• Glucose/Insulin Monitoring Devices
• Respiratory Therapy Devices
Market by Application
• Sports and Fitness
• Home Healthcare
• Patient Monitoring
Market by Distribution Channel
• Online Channel
• Pharmacies
• Hypermarkets
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Wearable Medical Device Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Wearable Medical Device Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. Global Wearable Medical Device Market by Type
- 5.1. Introduction
- 5.2. Wearable Electro-Cardiographs
- 5.3. Wearable Sleep Monitoring Devices
- 5.4. Heart Rate Monitors
- 5.5. Blood Pressure Monitors
- 5.6. Activity Monitors
- 5.7. Electro Encephalogram
- 6. Global Wearable Medical Device Market by Therapeutic Wearable Device
- 6.1. Introduction
- 6.2. Pain Management Devices
- 6.3. Glucose Monitoring Devices
- 6.4. Respiratory Therapy Devices
- 7. Global Wearable Medical Device Market by Application
- 7.1. Introduction
- 7.2. Sports and Fitness
- 7.3. Home Healthcare
- 7.4. Patient Monitoring
- 8. Global Wearable Medical Devices Market by Distribution Channel
- 8.1. Introduction
- 8.2. Online Channel
- 8.3. Pharmacies
- 8.4. Hypermarkets
- 9. Global Wearable Medical Device Market by Region
- 8.1 Introduction
- 8.2 Europe
- 8.2.1 Germany
- 8.2.2 United Kingdom
- 8.2.3 France
- 8.2.4 Italy
- 8.2.5 Spain
- 8.2.6 Russia
- 8.2.7 Netherlands
- 8.2.8 Rest of the Europe
- 8.3 North America
- 8.3.1 United States
- 8.3.2 Canada
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 Japan
- 8.4.3 India
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.4.6 Indonesia
- 8.4.7 Rest of the Asia Pacific
- 8.5 Latin America
- 8.5.1 Mexico
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 Turkey
- 8.6.3 Iran
- 8.6.4 Rest of Middle East & Africa
- 10. SWOT Analysis
- 11. Porter’s Five Forces
- 12. Market Value Chain Analysis
- 13. Competitive Landscape
- 13.1. Competitive Scenario
- 13.2. Company Profiles
- 13.2.1. Philips
- 13.2.2. Polar Electro
- 13.2.3. Omron Corporation
- 13.2.4. Fitbit Inc.
- 13.2.5. Garmin Ltd.
- 13.2.6. Lifewatch AG
- 13.2.7. Xiaomi Inc.
- 13.2.8. Vital Connect
- 13.2.9. Jawbone Inc.
- 13.2.10. General Electric Co.
- List of Figures
- Figure 1: Global Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 2: Global Wearable Medical Device Market by Type, 2024
- Figure 3: Global Wearable Medical Device Market by Therapeutic Wearable Device, 2024
- Figure 4: Global Wearable Medical Device Market by Application, 2024
- Figure 5: Global Wearable Medical Device Market by Distribution Channel, 2024
- Figure 6: Global Wearable Medical Device Market by Region, 2024
- Figure 7: Global Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 8: Global Wearable Medical Device Market by Type (in %), 2024 & 2034
- Figure 9: Global Wearable Electro-Cardiographs Medical Device Market (in US$ Million), 2020-2024
- Figure 10: Global Wearable Electro-Cardiographs Medical Device Market (in US$ Million), 2025-2034
- Figure 11: Global Wearable Sleep Monitoring Medical Device Market (in US$ Million), 2020-2024
- Figure 12: Global Wearable Sleep Monitoring Medical Device Market (in US$ Million), 2025-2034
- Figure 13: Global Heart Rate Monitors Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 14: Global Heart Rate Monitors Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 15: Global Blood Pressure Monitors Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 16: Global Blood Pressure Monitors Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 17: Global Activity Monitors Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 18: Global Activity Monitors Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 19: Global Electro Encephalogram Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 20: Global Electro Encephalogram Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 21: Global Wearable Medical Device Market by Therapeutic Wearable Devices (in %), 2024 & 2034
- Figure 22: Global Pain Management Devices Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 23: Global Pain Management Devices Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 24: Global Glucose Monitoring Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 25: Global Glucose Monitoring Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 26: Global Respiratory Therapy Devices Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 27: Global Respiratory Therapy Devices Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 28: Global Wearable Medical Device Market by Application (in %), 2024 & 2034
- Figure 29: Global Sports and Fitness Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 30: Global Sports and Fitness Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 31: Global Home Healthcare Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 32: Global Home Healthcare Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 33: Global Patient Monitoring Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 34: Global Patient Monitoring Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 35: Global Wearable Medical Device Market by Distribution Channel (in %), 2024 & 2034
- Figure 36: Global Online Channel Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 37: Global Online Channel Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 38: Global Pharmacies Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 39: Global Pharmacies Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 40: Global Hypermarket Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 41: Global Hypermarket Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 42: Global Wearable Medical Device Market by Region (in %), 2024 & 2034
- Figure 43: Germany Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 44: Europe Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 45: Europe Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 46: Europe Wearable Medical Device Market by Country (in %), 2024 & 2034
- Figure 47: Germany Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 48: United Kingdom Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 49: France Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 50: Italy Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 51: Spain Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 52: Russia Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 53: Netherlands Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 54: North America Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 55: North America Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 56: North America Wearable Medical Device Market by Country (in %), 2024 & 2034
- Figure 57: United States Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 58: Canada Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 59: Asia Pacific Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 60: Asia Pacific Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 61: Asia Pacific Wearable Medical Device Market by Country (in %), 2024 & 2034
- Figure 62: China Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 63: Japan Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 64: India Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 65: South Korea Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 66: Australia Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 67: Indonesia Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 68: Latin America Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 69: Latin America Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 70: Latin America Wearable Medical Device Market by Country (in %), 2024 & 2034
- Figure 71: Mexico Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 72: Brazil Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 73: Argentina Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 74: Middle East & Africa Wearable Medical Device Market (in US$ Million), 2020-2024
- Figure 75: Middle East & Africa Wearable Medical Device Market (in US$ Million), 2025-2034
- Figure 76: Middle East & Africa Wearable Medical Device Market by Country (in %), 2024 & 2034
- Figure 77: Saudi Arabia Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 78: Turkey Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 79: Iran Wearable Medical Device Market (in US$ Million), 2020-2034
- Figure 80: Market Value Chain
- List of Tables
- Table 1: Global Wearable Medical Device Market Portraiture
- Table 2: Global Wearable Medical Device Market by Type (in US$ Million), 2024 & 2034
- Table 3: Global Wearable Medical Device Market by Therapeutic Wearable Device (in US$ Million), 2024 & 2034
- Table 4: Global Wearable Medical Device Market by Application (in US$ Million), 2024 & 2034
- Table 5: Global Wearable Medical Device Market by Distribution Channel (in US$ Million), 2024 & 2034
- Table 6: Global Wearable Medical Device Market by Region (in US$ Million), 2024 & 2034
- Table 7: List of Key Players
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