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Wearable Medical Devices Market Key vendors like Philips Healthcare, Garmin Ltd., LifeWatch AG., Omron Corporation, Fitbit, Lifesense, Apple, Garmin, and Samsung

03-20-2019 06:52 AM CET | Health & Medicine

Press release from: Healthcare Intelligence Markets

Wearable Medical Devices Market

Wearable Medical Devices Market

The Wearable Medical Devices Market is expected to reach USD 14.41 Billion by 2022 from USD 6.22 Billion in 2017, at a CAGR of +18%.

A wearable medical device can be defined as a device that is autonomous, that is noninvasive, and that performs a specific medical function such as monitoring or support over a prolonged period of time. The term ''wearable'' im- plies that the support environment is either the human body or a piece of clothing.

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The representative of this Market is:
Philips Healthcare, Garmin Ltd., LifeWatch AG., Omron Corporation, Dr?gerwerk AG & Co. KGaA, Withings SA., Jawbone Inc., Polar Electro Oy, Fitbit, Lifesense, Apple, Garmin, Samsung

The global Wearable Medical Devices Market is attributed to an increase in the prevalence of chronic pain, an increase in the diabetic population, an increase in the elderly population, and a surge in the adoption rate of technologically advanced wearable medical products. The market have been challenged to provide cost-effective monitoring for patients suffering from chronic diseases such as cancer and other blood disorders. This report focuses on the different segments available in the market, current trends, and provides forecasts of future market growth.

The Wearable Medical Devices Market report includes market summaries, wearable medical device trade chain structures, Wearable Medical Devices business opportunities as well as past and present market size, years of technological innovation, demand and supply shortages, and a number of drivers and constraints. I have looked at market research from the perspective of future development.

This report evaluates present value as the basis of basic market dynamics as well as rate of expansion. The analysis is a trend of business information and global Wearable Medical Devices Market due to its growth potential.

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Wearable Medical Devices Market Segmentation

Market by Device
• Pain management devices
• Glucose monitoring devices
• Respiratory Therapy devices

Market by Type
• Sports Health type
• Patient Monitoring type

Market by Application
• Heart rate monitoring
• Sleep statistics
• Counting the amount of calories
• Monitoring temperature and sleep statistics
• Remote cardiac monitoring
• Monitoring and tracking daily activity
• Others

Regional Analysis
North America dominated the overall Wearable Medical Devices Market, with the United States emerging as the major contributor to the market. The United States holds the largest share in the global wearable medical devices market, primarily attributed to the early adoption of wearable medical technology and high prevalence of cardiovascular and lifestyle-related diseases, along with high per capita medical expenditure.

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Major Factors about the Report:
•Global Wearable Medical Devices Market Overview
•Economic Impact on Market
•Market Competition
•Global Wearable Medical Devices Market Analysis by Application
•Industrial Chain, Sourcing Strategy and Downstream Buyers
•Marketing Strategy Analysis, Distributors/Traders
•Global Market Effect, Factors, Analysis
•Global Market Forecast

Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2025, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2025
- Market opportunities and recommendations for new investments

HealthCare Intelligence Markets:
HealthCare Intelligence Markets Reports provides market intelligence & consulting services to a global clientele spread over 145 countries. Being a B2B firm, we help businesses to meet the challenges of an ever evolving market with unbridled confidence. We craft customized and syndicated market research reports that help market players to build game changing strategies. Besides, we also provide upcoming trends & future market prospects in our reports pertaining to Drug development, Clinical & healthcare IT industries. Our intelligence enables our clients to take decisions with which in turn proves a game-changer for them. We constantly strive to serve our clients better by directly allowing them sessions with our research analysts so the report is at par with their expectations.

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(Sales Manager)
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www.healthcareintelligencemarkets.com

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