Wearable Devices in Healthcare Market By Product and Service, By Application, By End User and Region: Global Industry Analysis, Share, Opportunity, Competition and Forecast 2021 to 2027 | Abbott,Alive Technologies,Apple,ASUS,Beurer GmbH

In the forecast period 2021-2027, the “Wearable Devices in Healthcare Market” study extensively describes the demand and consumption of numerous products/services related to the growth dynamics of the market. In quantitative terms, a comprehensive market assessment of the many opportunities in the market segment is carried out. The Wearable Devices in Healthcare market covers several areas including constraints, issues and opportunities, as well as geographic considerations. Customers will benefit from this study because it provides historical and statistically significant data, which makes it useful and informative.

In accordance with the Wearable Devices in Healthcare marketplace is about to develop at a CAGR of 20.9% over the forecast period (2021-2027).

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Major Companies:

Abbott,Alive Technologies,Apple,ASUS,Beurer GmbH,Fitbit,Philips,Garmin,Omron,Dragerwerk,Nokia,Jawbone,Polar Electro,Activinsights,VitalConnect,Xiaomi,Misfit (Fossil),GE Healthcare,Huawei

Recent Developments:

In 2019, Apple Watch Series 5 was launched with advanced functionalities by Apple, Inc. (US)
In 2020, Fitbit Charge 4, activity tracker was launched by Fitbit, Inc. (US)
In 2019, Omron (Japan) launched HeartGuide, a wearable blood pressure smartwatch.

Market Segmentation:

By Type:

Activity Trackers
Wearable GPS
Dedicated Heart Rate Monitors
Wireless Watches
Others

By Application:

Wireless Sports & Fitness
Wireless Remote Health Monitoring
Wireless Professional Health Care
Others

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North America Captured the Largest Market Share and It is Expected to Retain its Dominance over the Forecast Period

The COVID-19 has altered collective and individual behaviour, changing both the workplace and healthcare. Technology offers devices to meet these new challenges. When it comes to health, work, and economics amid COVID-19, wearables play an important role in the entire continuum of care, as well as in our work and leisure lives. In 2020, Philips launched a next-generation wearable biosensor for early patient deterioration detection, including clinical surveillance for COVID-19 in the United States.
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 wearable medical devices market due to the high prevalence of cardiovascular and lifestyle-related diseases and increased adoption of wearable medical technology, along with high per capita medical expenditure. Combined with the rising incidence of diseases in the region, the market for wearable medical devices is expected to grow at a moderate rate over the forecast period.

The Global Wearable Devices in Healthcare Market is further categorized by region as follows:

North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
The Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of the Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

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Objectives of this report:

To estimate the market size for the Wearable Devices in Healthcare market on a regional and global basis.
To identify major segments in the Wearable Devices in Healthcare market and evaluate their market shares and demand.
To provide a competitive scenario for the Wearable Devices in Healthcare market with major developments observed by key companies in the historic years.
To compare key elements governing the dynamics of the Wearable Devices in Healthcare marketplace with their capacity gravity at some point of the forecast period.

Reasons to Buy This Report:

Provides area of interest insights for selections approximately every feasible phase supporting withinside the strategic decision-making process.
Market length estimation of the Wearable Devices in Healthcare marketplace on a local and international basis.
A specific studies layout for marketplace length estimation and forecast.
Identification of primary corporations running withinside the marketplace with associated developments
Exhaustive scope to cowl all of the feasible segments supporting each stakeholder withinside the Wearable Devices in Healthcare

Impact of COVID-19 on the Wearable Devices in Healthcare Market:

The rise of COVID-19 has tempered showcase improvement; anyhow, the market is consistently choosing up-tempo because of growing lockdowns. The fast increment in CAGR is thanks to the request and extension of this marketplace, which is a practicality to come to pre-pandemic ranges once the large, is gone.

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