Wearable Medical Devices Market by Home Healthcare, Sports, Fitness and Remote Patient Monitoring and Projected to Reach US$ 14.41 billion by 2022 Rear Excessive Growth Estimated by Key Top Players by Garmin Ltd., Nokia Technologies, Philips, Monica Healt
The wearable medical services market is segmented based on type, distribution channel, end use, application, and regions. The wearable medical device, by distribution channel segment is expected to provide growth opportunities for market players in the forecast period. Based on distribution channel, the wearable medical devices market is segmented into pharmacies, online channel, and hypermarkets.
Factors driving the growth in this segment are growing demand and usage of wearable medical devices, rising health concerns, increasing focus on physical activities and a healthy lifestyle among a large part of the population in a number of countries, rising focus on early diagnosis and monitoring of health conditions, increasing prescription of wearable medical devices by physicians, and development and launch of advanced products. Based on the end use, the market is segmented into sports & fitness, remote patient monitoring, and home healthcare.
This growth is mainly attributed to factors such as increasing trends toward sports and wellness, and rising prevalence of diseases caused due to the adoption of unhealthy lifestyles. Asia is poised to be fastest-growing region in the wearable medical device market from 2016 to 2021. The wearable medical device market in the Asian region is the fastest growing due to technological advancement, increasing aging population, increasing prevalence of diseases, changes in lifestyle and increasing awareness on wellness and fitness.
Inquire for Discount on Wearable Medical Devices Market Report now at
The growth of wearable medical devices market is attributed to the technological advances in medical devices, increasing penetration of smartphones and growing number of smartphone-based healthcare apps compatible with wearable devices, and increasing awareness about physical fitness.
Target Audiences of this report are Wearable Medical Devices Manufacturers, Public and Private Physicians, Healthcare Institutions (Medical Data Centers), Research & Clinical Laboratories, Distributors and Suppliers of Wearable Medical Devices, Health Insurance Payers and Market Research and Consulting Firms.
The global wearable medical device market, in terms of value, is projected to reach USD 12.14 billion by 2021 from USD 5.31 billion in 2016, at a CAGR of 18.0% during the forecast period. Sports & fitness dominated the market in 2016, however, home healthcare end use to grow at the second highest CAGR during the forecast period.
More Information on “Wearable Medical Devices Market by Application (Diagnostic (Heart, Pulse, BP, Sleep, Fetal), Therapeutic (Pain, Insulin)), End Use (Sports, Fitness, RPM), Type (Smart watch, Patch), Distribution Channel (Pharmacy, Hypermarket) - Forecast to 2021” research @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=781851 .
Key players in wearable medical devices market are focused on various organic and inorganic growth strategies such as agreements, collaboration, expansion, new product launches & approvals, and partnerships. Prominent players in wearable medical device market include Fitbit Inc. (U.S.), Philips Healthcare (Netherlands), Garmin Ltd. (Switzerland), LifeWatch AG. (Switzerland), Omron Corporation (Japan), Drägerwerk AG & Co. KGaA (U.S.), Withings SA.(France), Jawbone Inc. (U.S.) and Polar Electro Oy (Finland).
The report defines, describes, and forecast the wearable medical devices market on the basis of type, distribution channel, application, and end use. It provides detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, challenges).
The study tracks and analyzes competitive developments such as joint ventures, mergers and acquisitions, new product developments, and expansions in the wearable medical devices market across to four main regions, namely, North America, Asia, Europe, and the Rest of the World (RoW).
ReportsnReports is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.
Contact Number: + 1 888 391 5441
Email Id - email@example.com
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wearable Medical Devices Market by Home Healthcare, Sports, Fitness and Remote Patient Monitoring and Projected to Reach US$ 14.41 billion by 2022 Rear Excessive Growth Estimated by Key Top Players by Garmin Ltd., Nokia Technologies, Philips, Monica Healt here
News-ID: 1599609 • Views: 3561
More Releases from ReportsReports
Preoperative Surgical Planning Software Market to Witness Significant Growth in …
The Preoperative Surgical Planning Software market research delivers comprehensive research on the present stage of the market, covers market size with respect to valuation as sales volume, and provides a precise prediction of the market scenario over the estimated period. Also focuses on the product, application, manufacturers, suppliers, and regional segments of the market. Preoperative Surgical Planning Software market report research highlights market driving factors, an overview of the market
Signals Intelligence (SIGINT) Market worth USD 17.2 Billion by 2025 | Latest Inn …
Latest research report on “Signals Intelligence (SIGINT) Market Research Report” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team. Get Free Sample Report in PDF Format @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=2004224 The global SIGINT market size is projected to grow from USD 14.0 billion in 2020 to USD 17.2 billion by
Radiation-Hardened Electronics Market 2020-2026: Bae Systems, STMicroelectronics …
Latest research report on “Radiation-Hardened Electronics Market Research Report” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team. Get Free Sample Report in PDF Format @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=3867796 The market for radiation-hardened electronics was valued at USD 1.4 Billion in 2020 and is estimated to reach USD 1.7 Billion
Agent Performance Optimization (APO) Market 2024 Industry Trend and Demands Rese …
Agent Performance Optimization (APO) Market research report 2019-2024 presents a comprehensive study of the Agent Performance Optimization (APO) Market in Global Industry; the study scans the progression of the market trailed over the past few years and the forecasts of growth in the coming years, primarily in terms of sales. The research report highlights the reasons liable for the disparities in the market and investigates them methodically. The Agent Performance
More Releases for Medical
Medical Tourism Business
Medical Tourism businesses are experiencing sudden whoop in the industry. It is because of the availability of great procedures, technologies, infrastructure, and medicines required. It is projected that the Medical Tourism sector will progress to $8.2-9 Billion by 2025. In the market data, it clearly shows, the demand for healthcare services is rapidly growing, and it is potential for the business to enter the market. As the modern trends, awareness,
Asynchronizer：External defibrillator Charging time：At 360J less than 10 sec Paddle configuration：Reusable extermal adult and pediatric paddles Operates from the mains (AC) and with its intemal Lead-acid battery Jiangsu Medwish Network Technology Co., Ltd. is located in Jiangsu, China. It is in a beautiful, clean and convenient environment. We are a professional manufacturer engaged in the research, development, production, sales and export of medical equipment. At the same time, we have a professional foreign
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The
Global Tracheostomy Tube (Tracheotomy Tube) Market 2018 - Medtronic, Teleflex Me …
The Global Tracheostomy Tube (Tracheotomy Tube) Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Tracheostomy Tube (Tracheotomy Tube) industry. Firstly, Tracheostomy Tube (Tracheotomy Tube) Market report provides a basic overview of the Tracheostomy Tube (Tracheotomy Tube) industry including definitions, classifications, applications and Tracheostomy Tube (Tracheotomy Tube) industry chain structure. Global Tracheostomy Tube (Tracheotomy Tube) Market analysis is provided for the international market
Medical Power Market Medical Power Market
This report studies Medical Power in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request for discount @ https://www.researchtrades.com/discount/1445183 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Medical Ventilators – Medical Devices Pipeline Assessment, 2017
ReportBazzar has released its latest research-based report entitled ‘Medical Ventilators’ market. This report provides a holistic approach to the market growth with a detailed and precise analysis of the overall competitive scenario of the Medical Ventilators market. The report also provides a detailed analysis of key trends and latest technologies, playing a prominent role in the Medical Ventilators market growth. It takes into account aspects such as drivers, restraints, challenges, and