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Wearable Medical Devices Market Global Trends, Growth by Top International Players | Ypsomed AG, Sonova, Hologic Inc., NeuroMetrix, Inc., Apple Inc., SAMSUNG, Fitbits, SugarBeat Forecast to 2026

01-27-2022 07:15 AM CET | Health & Medicine

Press release from: Fortune Business Insights

Wearable Medical Devices Market Global Trends, Growth by Top

The global wearable medical devices market is likely to expand considerably in the coming years due to the incorporation of technologies such as the internet of things (IoT) and artificial intelligence (AI). According to a report published by Fortune Business Insights, titled “Wearable Medical Devices: Global Market Analysis, Insights and Forecast, 2019-2026,” the market was valued at US$ 24,571.8 Mn in 2018. Fortune Business Insights states that the market will reach US$ 139,353.6 Mn by 2026, exhibiting a CAGR of 24.7%. The rapid adoption of connected devices has created a subsequent demand for wearable medical devices across the world. The increasing incidence of chronic diseases has led to several innovations in healthcare delivery systems. The increasing demand for minimally invasive precision devices I fuelling the demand for wearable medical devices, globally.

Highlights of the Report:

In-depth analysis of various insights, namely, Wearable Medical Devices Market trends, growth drivers, opportunities, and other related challenges.
Comprehensive details of key market players, their core competencies, and Wearable Medical Devices Market share.
The potency of suppliers and buyers to make better business decisions.
Lists out the market size in terms of volume.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/wearable-medical-devices-market-101070

Key Players Operating in The Wearable Medical Devices Market Include:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

Fitbit, Inc.
Apple Inc.
BD
Ypsomed AG
Sonova
Hologic Inc.
AiQ Smart Clothing
NeuroMetrix, Inc.
Siemens Healthcare GmbH
SAMSUNG
Increasing Regulatory Approvals to Emerge as the Catalysts for Market Growth

The soaring demand for wearable devices has resulted in approvals for several products by regulatory authorities, worldwide. As a result of several successful clinical trials, companies are constantly engaging in developing and manufacturing newer products due to the relaxation in product approvals in recent years. Fortune Business Insights has predicted that increasing number of usage approvals will give significant impetus to the global wearable medical devices market. In May 2019, Nemaura bagged CE mark for a new wearable glucose monitoring device. The ‘SugarBEAT’ was a minimally non-invasive device and the efficacy of this device contributed to huge demand. Fortune Business Insights has predicted that an increasing number of regulatory approvals will prove a chief growth driver for the global wearable medical devices market in the coming years.

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/wearable-medical-devices-market-101070

Mergers and Acquisitions to Constitute Substantial Growth

The increasing number of mergers and acquisitions in recent years has offered massive growth opportunities to the companies involved, besides boosting the overall market. Mergers and acquisitions have enabled companies to generate a substantial amount of wearable medical device market revenue. The report highlights some of the most prominent collaborations between key market players. In July 2018, CeQur announced the acquisition of Johnson and Johnson’s insulin delivery patch. CeQur announced that it has acquired a worldwide license for Johnson and Johnson’s ‘Calibra’ and expressed its intention to expand globally. Fortune Business Insights states that this merger and acquisition will have a positive impact on the global wearable medical devices market in the forthcoming years.

Detailed Table of Content:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Recent Industry Developments- Partnerships, Mergers, and Acquisitions
Key Industry Trends
New Product Launch by Key Players
Technological advancements in Wearable Medical Devices Market
Global Wearable Medical Devices Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Product
Diagnostic & Patient Monitoring Wearable Medical Devices
Activity Monitors/ Trackers
Smartwatches
Smart-clothing
Others (Biosensors, Blood Pressure Monitors, Glucose Monitoring Systems)
Therapeutic Wearable Medical Devices
Wearable Defibrillators
Drug Delivery Devices (Injectors, Patches)
Pain Management Devices (TENS, EMS)
Hearing Aids
Others
Market Analysis, Insights and Forecast – By Application
Remote Patient Monitoring
Sports and Fitness
Home Healthcare
Market Analysis, Insights and Forecast – By Distribution Channel
Retail Pharmacies
Online Pharmacies
Hypermarkets
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia pacific
Rest of the World
Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/wearable-medical-devices-market-101070

Reasons to Purchase this Report:

Comprehensive analysis of the Wearable Medical Devices Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

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