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Wearable Medical Devices Market Report Analysis By opportunities
A wearable medical device is used to track or supervise, such as heart rate, blood glucose level and blood pressure. The variety of devices includes watches, bands, clothing, and accessories. Wearable technology in healthcare includes electronic devices that consumers can wear, like Fitbits and smartwatches, and are designed to collect the data of users' personal health and exercise. These devices can even send a user's health information to a doctor or other healthcare professional in real time.
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Asia Pacific is projected to have the highest CAGR over the forecast period, due to the boost in government investment in health care and technical improvements in wearable medical devices. Surge in geriatric population and increase in awareness about wearable medical devices are also projected to enhance the market in the region during the forecast period.
Some of the key players in the Wearable Medical Devices Market include Apple, Samsung, Xiaomi Inc., Philips Electronics, Nokia Technologies, OMRON Corporation, Fitbit, Medtronic plc, LifeWatch AG, Actelion Pharmaceuticals, Garmin, Vitalconnect, Jawbone, Monica Healthcare, Polar Electro, Sotera Wireless, Lifesense, Cleveland Medical Devices, Inc., Nuubo and Intelesens Ltd.
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