Global Wearable Medical Device Market Outlook 2020
RNCOS has recently added a new Market Research Report titled, “Global Wearable Medical Device Market Outlook 2020” to its gallery.
In the latest report “Global Wearable Medical Device Market Outlook 2020”, RNCOS’ analysts have endeavored to showcase the potential of the Wearable Medical Devices industry. The market, which was valued at US$ 1.5 Billion in 2014, is expected to reach US$ 4.6 Billion in the next five years. Driven by increasing health consciousness among people, rising chronic diseases such as diabetes, inflammatory disorders, etc., and inclining healthcare expenditure, the market for next generation medical technology is witnessing a remarkable growth. However, lack of reimbursement, high capital cost, and inadequate awareness among emerging markets of India, China, Brazil etc. are the major roadblocks for this market.
The research showcases various types of wearable devices, their applications and their geographical distribution. According to the market developments, the home health monitoring segment accounted for the largest share due to the ease of use and accuracy of the devices. Currently, North America represents the largest consumer base followed by Europe and Asia-Pacific. However, with the growing number of cases of chronic illnesses, the Asia-Pacific region holds immense potential and is likely to witness a higher adoption of such devices.
The report covers a competitive analysis of key dominant players in the industry, including Medtronic, Abbott and Philips Healthcare. Along with bigger companies, several small & medium-sized companies such as Sotera Wireless, Omron Healthcare, and Neuromatrix also enjoy a notable presence in the market with their next generation devices. Several players are continuously launching a myriad of devices to meet the growing demand from hospitals and other consumers.
Additionally, the report briefs on the business overview of major industry players, their recent developments, a SWOT analysis of the sector and M&A deals occurring in the industry. The report will enlighten investors with the complete industry dynamics, enabling them to formulate market strategies and assess the opportunity areas in key geographies.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM754.htm
Check Related REPORTS on: http://www.rncos.com/Healthcare_Industry.htm
RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.
B-129, Sector 6 Noida - 201301
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Wearable Medical Device Market Outlook 2020 here
News-ID: 310025 • Views: 10275
More Releases from RNCOS E-Services Pvt. Ltd.
Malaysia Convenience Store Witnessing Tremendous Growth
“Rapid expansion plans of major convenience stores in Malaysia such as 7-Eleve and 99 Speed Mart are expected to drive the market.” says RNCOS Malaysia Convenience store has been witnessing a tremendous growth in the retail industry. Key players in the country are widening their foot prints in retail industry by innovatively increasing the product portfolio as per the consumer behavior and increasing the number of stores. There is a cut
Growing Opportunity in the Global Enterprise Software Market
“Increasing adoption of enterprise resource management software, customer relationship management software and human resource management software is expected to drive the Global Enterprise Software market.” Says RNCOS The global enterprise software market has reported a significant growth in the recent years and is presenting ample opportunities to the industry’s players. With increasing global competition and rising awareness regarding enterprises software across the globe, the worldwide enterprise software market is poised to
Global Point-of-Care Diagnostics Market Outlook 2020
It is widely accepted that disease prevention and risk-reduction strategies have the potential to lower disease burden as well as improve the overall health of individuals. POCT technology offers such potential for diagnosis and treatment of patients, as it facilitates rapid availability of test results and hence, early clinical decision making and intervention. Amidst a rising disease incidence, reduced budget, growing focus towards personalization of care, and ever-increasing integration of
Da Nang is Emerging as a Potential Housing Market
According to our recent report, “Vietnam Housing Sector Forecast to 2015”, Da Nang is emerging as a preferred housing destination and is witnessing positive housing demand over the past few years. This growth has been backed by various factors like the lower housing prices in comparison with other cities and development of infrastructural facilities in the city, all of which have made the city a potential housing market, thus pushing
More Releases for Wearable
Wearable Translator Market 2025 |
Market Overview: Wearable Translator supports real-time speech conversion. The technology associated with the wearable translator does not depend on any type of internet connection like the old conventional type of translators in which a person has to download the app and then different languages as per the requirement which takes up much of the space from the memory of the cell phone.The wearable translator has a resounding battery life of 24
Wearable Computing Glasses Market
https://www.qandqmarketresearch.com/reports/7293838/wearable-computing-glasses-market-6 Wearable Computing Glass is a device that comprises a small display positioned in front of the wearer’s eye in order to provide virtual information regarding the environment. The global Wearable Computing Glasses market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 20192025. The objectives of this study are to define, segment, and
Wearable Technology Market
Global Wearable Technology Market: Snapshot Growing demand for wearable devices has increased in various countries. Hardware and software components are driving the demand in the wearable technology market owing to a rise in the use of advanced technologies. High preference for maintaining physical fitness has increased the need for wearable technology. This market has gained immense popularity by introducing innovative technologies and expanding its boundaries by offering new types of wearable
Wearable Technology Market
Wearable technology is gaining popularity at a rapid pace, and it has gone beyond just connected eyewear and smartwatches with new products such as wrist bands, smart shoes, smart apparels, and more. Companies are creating apparel, accessories, and fitness wear that can do everything from monitoring heart rate to charging a smartphone. Scope of the Report: This report focuses on the Wearable Technology in Global market, especially in North America, Europe and
Wearable Technology Forecasts: 2016 – 2030
The “Wearable Technology Ecosystem: 2016 - 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts” report presents an in-depth assessment of the wearable technology ecosystem including key market drivers, challenges, investment potential, consumer & vertical market opportunities, use cases, future roadmap, value chain, case studies, vendor market share and strategies. The report also presents forecasts for wearable device shipments and revenue from 2016 through to 2030. The forecasts are further
Wearable Sensor Market - Rising Demand for Technically Advanced Wearable Devices
Wearable sensors are an important component of wearable technology that are embedded in smart wearable devices to monitor several parameters such as temperature, blood pressure, speed, and muscle activity. The wearable sensors ensure that the data is monitored and stored for our better understanding of physical health and fitness. Recently, these sensors became increasingly popular attributed to the growing demand for smart wearable technology based devices. They are used in various