[PDF] Wearable Medical Devices Market Analysis | Fitbit, VitalConnect, Activinsights Ltd, Polar Electro, Garmin Corporation, Apple

New York, Feb, 2020 - 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.

Wearable Medical Devices Market to 2025 - Global Analysis and Forecasts Device Type (Diagnostic & Monitoring Devices and Therapeutic Devices), Application (Remote Patient Monitoring, Sports & Fitness and Home Healthcare) and Geography

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Top key players profiled in the Wearable Medical Devices Market include are 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

SCOPE AND OBJECTIVES

The growth of the wearable medical devices market is primarily attributed to rising awareness regarding importance of fitness. Moreover, the rapid growth of pharmaceutical and biotechnology industry is also expected to drive the growth of wearable medical devices market. However, constant product recalls is expected to obstruct the growth of wearable medical devices market. On the other hand, the growing use of diagnostic & monitoring devices is expected to drive the market in the future years. Wearable devices are known to help in the early diagnosis of various diseases. These devices are able to record basic health parameters such as, heart rate monitoring, blood pressure monitoring and tracking the daily activities. Wearable devices help in reducing the frequent visits to physicians as the patients are able to diagnose the cause of symptoms by themselves. There have been developments in the wearable devices meant for diagnosis and monitoring purposes. Wearable devices are also being used for monitoring the blood glucose levels in an individual. With a rise in the cases of diabetes across the globe, the demand for the segment is expected to witness significant demand during the forecast period.

Global wearable medical devices market, based on the device type was segmented into diagnostic & monitoring devices and therapeutic devices. In 2017, diagnostic & monitoring devices segment held the largest share by the market, by device type. This is mainly attributed to the rise in the prevalence of chronic illnesses, leading to an increased awareness regarding maintaining good health.

Key Points from TOC

14. WEARABLE MEDICAL DEVICES MARKET - KEY COMPANY PROFILES 126

14.1 XIAOMI TECHNOLOGY CO., LTD 126
14.1.1 Key Facts 126
14.1.2 Business Description 126
14.1.3 Financial Overview 126
14.1.4 Product Portfolio 126
14.1.5 SWOT Analysis 127
14.1.6 Key Developments 128

14.2 SAMSUNG ELECTRONICS CO. LTD. 129
14.2.1 Key Facts 129
14.2.2 Business Description 129
14.2.3 Financial Information 130
14.2.4 Product Portfolio 130
14.2.5 SWOT Analysis 130
14.2.6 Key Developments 132

14.3 FITBIT, INC. 133
14.3.1 Key Facts 133
14.3.2 Business Description 133
14.3.3 Financial Information 134
14.3.4 Product Portfolio 134
14.3.5 SWOT Analysis 135
14.3.6 Key Developments 136

14.4 GARMIN CORPORATION 139
14.4.1 Key Facts 139
14.4.2 Business Description 139
14.4.3 Financial Information 140
14.4.4 Product Portfolio 140
14.4.5 SWOT Analysis 141
14.4.6 Key Developments 143

14.5 APPLE INC. 145
14.5.1 Key Facts 145
14.5.2 Business Description 145
14.5.3 Financial Overview 146
14.5.4 Product Portfolio 146
14.5.5 SWOT Analysis 146
14.5.6 Key Developments 148

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