Press release
Wearable Medical Devices Market: Global Industry Growth, Market Size, Share and Forecast 2019-2025
Global Wearable Health Device Market
Wearable medical devices are empowering patient and are improving the state of the current healthcare infrastructure. Various types of sensors are used depending on the application and function such as biosensors to measure the activity of the heart and many more. Wearable devices have gained significant popularity in a very short time with the applications for different uses such as sports, healthcare and many more. Companies such as Apple, Samsung, Fitbit, Garmin, and Xiaomi are changing the phase of wearable health device market by providing the fashion integrated wearable medical devices.
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Application of wearable medical devices in sports and fitness
The wearable medical devices and sensors are gaining more popularity among the general population and athletic teams that propels the wearable medical devices market. Wearable medical devices are available in different categories including smartwatches, fitness tackers, and wearable medical devices among others.
Lifestyle induced disorders such as obesity, hypertension, diabetes which requires the continuous monitoring of several parameters such as blood sugar and heart rate is anticipated to be the major factor driving the global wearable medical device market. The other factors such as growing awareness regarding health, focus on personalized monitoring and care, mounting awareness towards exercise and physical fitness is leading to the increased adoption of wearables such as smartwatches and bands in sports and fitness applications.
Current market trends covered in the wearable medical device market:
• Sports Fitness segment is to dominate the market.
• Australian National University (ANU) researchers have recently developed optical sensors that can be used in wearable medical devices. These sensors can measure even a small amount of metabolite gases that are emitted from human skin and breath.
• Epidermal-based sensors and fabric/flexible plastic-based sensors are now being used in the wearable medical devices to analyze human reaction in several situations.
• In March 2018, as a part of the five-year Welcome trust-funded project, a new generation of wearable brain scanners was created. This device enables neurologists to take scans while the patient can make natural movements.
• A battery less RFID thermometer that is a re-usable wireless epidermal temperature sensor is being used to measure the temperature of the body.
Global Wearable Medical Device Market- Segmented by Device Type and by Application
By Device Type
• Diagnostics and Monitoring Devices
• Therapeutic Devices
By Application
• Sports and Fitness
• Remote Patient monitoring
• Homecare
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Global Wearable Health Device Market– Segment by Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
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