Study Report on Wearable Medical Devices Market Heart, Pulse, BP and Sleep, Sport and Fitness Driven by the Rehabilitation, Smartwatch and Patch - Company Profiles, Recent Developments and Key Market Strategies to 2024Report on wearable medical devices market is segmented into diagnostic and monitoring devices and therapeutic devices. Diagnostic & monitoring devices segment is expected to register highest CAGR during forecast period. Get Sample at https://www.reportsnreports.com/contacts/requestsample.aspx?name=781851 .
Key players in wearable medical devices market are Fitbit (US), Philips (Netherlands), LifeWatch (Switzerland), Garmin (Switzerland), and Omron (Japan). Other players operating in wearable medical devices market include Drägerwerk (Germany), Nokia Technologies (US), Jawbone (US), Polar (Finland), Wor(l)d Global Network (US), Activeinsights (UK), VitalConnect (US), Xiaomi (China), Misfit (US), and Monica Healthcare (UK).
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 18.3% during forecast period. Factors like technological advances in medical devices, increasing penetration of smartphones and growing number of smartphone-based healthcare apps compatible with wearable devices, growing preference for wireless connectivity among healthcare providers, and increasing awareness about physical fitness are driving growth of this market.
Wearable Medical Devices Market, By Device Type
2 Diagnostic & Monitoring Devices
3 Vital Signs Monitoring Devices
4 Heart Rate Monitors
5 Pulse Oximeters
6 Blood Pressure Monitors
7 Glucose Monitoring Devices
8 Sleep Monitoring Devices
9 Fetal Monitoring & Obstetric Devices
10 Neuromonitoring Devices
11 Therapeutic Devices
12 Pain Management Devices
13 Rehabilitation Devices
14 Respiratory Therapy Devices
15 Insulin Pumps
Get Discount Now at https://www.reportsnreports.com/contacts/discount.aspx?name=781851 .
Report provides an overview of wearable medical devices market. It aims at estimating the market size and future growth potential of this market across different segments such as type, applications device type, distribution channel, and region.
Wearable medical devices market, by applications, is segmented into sports and fitness, remote patient monitoring, and home healthcare. Sports and fitness segment is estimated to account for largest market share in 2017. Growth of this segment can be attributed to growing prevalence of chronic and lifestyle diseases & increasing need for regular and continuous monitoring with fast data sharing.
Target Audience for this Report:
• Wearable medical device manufacturers
• Public and private physicians
• Healthcare institutions (medical data centers)
• Research & clinical laboratories
• Distributors and suppliers of wearable medical devices
• Health insurance payers
• Market research and consulting firms
• Venture capitalists
More Information on “Wearable Medical Devices Market by Device, Therapeutic, Application, Type, Distribution Channel - Global Forecast to 2022” Research Now at
Growth of this segment can be attributed to increasing focus on physical fitness among people to improve the quality of life, coupled with the growing trend of tracking health progress. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market by providing them with the closest approximations of revenues for the overall market and its subsegments. This report will help stakeholders to understand the competitive landscape better and gain insights to position their businesses and help companies make suitable go-to-market strategies.
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