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Wearable Medical Devices Market Outlook to 2025 with Global Key companies: Xiaomi Technology Co., Ltd, Samsung Electronics Co., Ltd., Fitbit, Inc., Garmin Corporation, Apple Inc., HUAWEI Technologies Co., Polar Electro, Omron Corporation

12-03-2018 04:12 PM CET | Health & Medicine

Press release from: The Insight Partners

Wearable Medical Devices market is estimated to grow with a CAGR of 18.1% from 2018-2025

Wearable Medical Devices market is estimated to grow with a CAGR of 18.1% from 2018-2025

The global wearable medical devices market is expected to reach US$ 23,310.9 Mn in 2025 from US$ 6,231.7 Mn in 2017. The market is estimated to grow with a CAGR of 18.1% from 2018-2025.

Worldwide Wearable Medical Devices Market Research to 2025 Is A Specialized and In-Depth Study of the Wearable Medical Devices Business with A Focus On The World Market Trend. The Report Aims To Provide A Summary Of Worldwide Wearable Medical Devices Market With Elaborate Market Segmentation By Product/Application And Geography. The Global Wearable Medical Devices Market Is Expected To Witness High Growth During The Forecast Period. New Analysis Report Provides Key Statistics On The Market Standing Of The Key Players And Offers Key Trends And Opportunities In The Market.

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The List of Companies of wearable medical devices market

1. Xiaomi Technology Co., Ltd
2. Samsung Electronics Co. Ltd.
3. Fitbit, Inc.
4. Garmin Corporation
5. Apple Inc.
6. Huawei Technologies Co., Ltd.
7. Polar Electro
8. OMRON Corporation
9. Activinsights Ltd.
10. VitalConnect

Wearable medical devices market is segmented into device type and application. On the basis of device type, the market is segmented into diagnostic & monitoring devices and therapeutic devices. The diagnostic & monitoring devices segment is further classified as, vital signs monitoring devices, glucose monitoring devices, sleep monitoring devices, and other devices. The segment of therapeutic devices is further segmented as, pain management devices, rehabilitation devices, respiratory therapy devices, and insulin pumps. The market based on the application is segmented as remote patient monitoring, sports & fitness and home healthcare.

The objective of the study is to describe, define, and forecast the wearable medical devices market by product class and application, and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall wearable medical devices market.

An Exclusive Wearable Medical Devices Market Analysis Report Created Through Broad Primary Research (Inputs From Industry Specialists, Companies, And Stakeholders) And Secondary Research, The Report Aims To Present The Analysis Of Global Wearable Medical Devices Market By Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East And Africa. The Report Intends To Provide Cutting-Edge Market Intelligence And Help Decision Makers Take Sound Investment Evaluation. Besides, The Report Conjointly Identifies And Analyses The Rising Trends Alongside Major Drivers, Challenges And Opportunities Within The International Wearable Medical Devices Market. Additionally, The Report Also Highlights Market.

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Wearable medical devices are electronic in nature and are equipped with sensors that help in monitoring as well as keeping track of a patient’s health. Some of the uses of these devices include, activity tracking, infant monitoring and vital signs monitoring among others. Wearable devices help a patient to have access to his own health records while performing the daily routine activities or tasks. Key factors driving the market are increasing prevalence of chronic diseases, rising geriatric population and rising awareness regarding importance of fitness are key drivers for the growth of the market. The report would be of an interest to various stakeholders operating in the wearable medical devices market. These stakeholders include healthcare institutes, research institutes, wearable medical devices product manufacturers and vendors, research consulting firms, wearable medical devices service providers, distributors and others.

Reason To Buy
• Save And Reduce Time Carrying Out Entry-Level Analysis By Identifying The Growth, Size, Leading Players And Segments Within The Global Wearable Medical Devices Market
• Highlights Key Business Priorities in Order to Help Companies to Realign Their Business Strategies.
• The Key Findings And Recommendations Highlight Crucial Progressive Business Trends Within The Wearable Medical Devices Market, Thereby Allowing Players To Develop Effective Long Term Strategies.
• Develop/Modify Business Growth Plans By Using Substantial Growth Providing Developed And Emerging Markets.
• Scrutinize In-Depth Global Market Trends And Outlook Coupled With The Factors Driving The Market, Similarly As Those Hindering It.
• Enhance The Decision-Making Process By Understanding The Strategies That Underpin Commercial Interest With Respect To Product, Segmentation And Industry Verticals.

TABLE OF CONTENTS

1. INTRODUCTION 23
1.1 SCOPE OF THE STUDY 23
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 23

2. GLOBAL WEARABLE MEDICAL DEVICES MARKET – KEY TAKEAWAYS 24

3. GLOBAL WEARABLE MEDICAL DEVICES MARKET – MARKET LANDSCAPE 26
3.1 OVERVIEW 26
3.2 MARKET SEGMENTATION 26
3.2.1 Global Wearable Medical Devices Market – By Device Type 27
3.2.2 Global Wearable Medical Devices Market – Application 28
3.2.3 Global Wearable Medical Devices Market – By Geography 28
3.3 PEST ANALYSIS 29
3.3.1 North America – PEST Analysis 29
3.3.2 Europe– PEST Analysis 31
3.3.3 Asia Pacific– PEST Analysis 33
3.3.4 Middle East And Africa– PEST Analysis 35
3.3.5 South and Central America – PEST Analysis 37

4. GLOBAL WEARABLE MEDICAL DEVICES MARKET – KEY MARKET DYNAMICS 39
4.1 KEY MARKET DRIVERS 39
4.1.1 Rising Prevalence of Chronic Diseases 39
4.1.2 Increasing Geriatric Population 40
4.1.3 Rising Awareness Regarding Fitness 40
4.2 KEY MARKET RESTRAINTS 41
4.2.1 Unaddressed Regulatory Concerns 41
4.2.2 Constant Product Recalls in the Market 41
4.3 KEY MARKET OPPORTUNITIES 41
4.3.1 Rising Demand in Home Healthcare 41
4.3.2 Promotion of Wearable Devices by Insurance Providers and Other Corporations 42
4.4 FUTURE TRENDS 42
4.4.1 Rise in the Use of Smart Apparels 42
4.5 IMPACT ANALYSIS 43

5. WEARABLE MEDICAL DEVICES MARKET – GLOBAL ANALYSIS 44
5.1 WEARABLE MEDICAL DEVICES MARKET REVENUE FORECASTS AND ANALYSIS 44
5.2 GLOBAL WEARABLE MEDICAL DEVICES MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 45
5.3 PERFORMANCE OF KEY PLAYERS 46
5.3.1 FitBit, Inc 46
5.3.2 Apple, Inc. 47
5.4 EXPERT OPINIONS 47

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About Us
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.

Contact us
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: http://www.theinsightpartners.com/

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