Press release
Demand for Wearable Medical Devices Market Value to Reach US$ 183.8 Bn at a CAGR of 19.1%: 2022 to 2031 | TMR Study
The global market for ๐๐๐๐ซ๐๐๐ฅ๐ ๐๐๐๐ข๐๐๐ฅ ๐๐๐ฏ๐ข๐๐๐ฌ witnessed substantial growth, reaching a valuation of US$ 29.9 billion in 2021. Projections suggest a promising trajectory, with a projected compound annual growth rate (CAGR) of 19.1% from 2022 to 2031. By the end of 2031, the market is anticipated to surpass US$ 183.8 billion.Analysts highlight the pivotal role of wearable technology in reshaping various market sectors, particularly in healthcare. Wearable devices, with their user-friendly interfaces and multifunctionality, are gaining traction. In healthcare, they offer unprecedented opportunities for individuals to monitor vital signs efficiently. Continuous glucose monitoring, exemplified by therapeutic devices like Pancreum's Vigil and Omnipod, is particularly beneficial for those sensitive to glucose level fluctuations, highlighting the transformative potential of wearable technology in enhancing personal health management.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1733&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Xiaomi Technology Co.,BioTelemetry, Inc.,Fitbit, Inc.,Garmin Corporation,Apple, Inc.,Huawei Technologies Co., Ltd.,Polar Electro,OMRON Corporation,Activinsights Ltd.,VitalConnect
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
Smart Watches
Activity Monitors
Patches
Smart Clothing
๐๐๐ฏ๐ข๐๐
Diagnostic & Monitoring Devices
Vital Signs Monitoring Devices
Glucose Monitoring Devices
Sleep Monitoring Devices
Fetal Monitoring & Obstetric Devices
Neuromonitoring Devices
๐๐ก๐๐ซ๐๐ฉ๐๐ฎ๐ญ๐ข๐ ๐๐๐ฏ๐ข๐๐๐ฌ
Pain Management Devices
Rehabilitation Devices
Insulin Pumps
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Sports & Fitness
Home Health Care
Remote Patient Monitoring
Distribution Channel
Online Channels
Pharmacies
Hypermarkets
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
In April 2022, Fitbit, Inc. received clearance to use its passive cardiac rhythm monitoring technology
In July 2021, OMRON Healthcare released OMRON Complete, its first single-lead electrocardiogram (ECG) and blood pressure monitor for homecare
In June 2020, Koninklijke Philips N.V. (Netherlands) launched fetal and maternal pods and patches for continuous, non-invasive monitoring of mother heart rate, fetal heart rate, and uterine activity with a single-use, 48-hour disposable electrode patch
๐๐ฅ๐๐๐ ๐๐ง ๐๐ซ๐๐๐ซ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.transparencymarketresearch.com/checkout.php?rep_id=1733<ype=S&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR
๐๐๐ ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐:
North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Integration of artificial intelligence (AI) and machine learning (ML) algorithms for real-time health monitoring and personalized healthcare solutions.
Development of miniaturized, flexible, and biocompatible wearable devices for enhanced comfort and usability.
Collaboration between technology companies, healthcare providers, and research institutions to develop innovative wearable medical solutions.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The future of the wearable medical devices market looks promising, with continued technological advancements and increasing adoption of remote patient monitoring solutions. Wearable devices are expected to play a pivotal role in shifting healthcare from reactive to proactive, preventive care models, ultimately improving patient outcomes and reducing healthcare costs.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
Adoption rate and preferences of wearable medical devices among different demographic groups.
Impact of regulatory frameworks and reimbursement policies on market dynamics.
Technological advancements in sensor technologies, battery life, and connectivity options.
Consumer feedback and satisfaction levels regarding usability, comfort, and accuracy of wearable devices.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐ ๐ข๐ซ๐ ๐๐ฎ๐ฉ๐ฉ๐ซ๐๐ฌ๐ฌ๐ข๐จ๐ง ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/05/10/2665868/0/en/Demand-for-Fire-Suppression-Systems-Market-Value-to-Reach-US-11-5-Bn-at-a-CAGR-of-6-1-2023-to-2031-TMR-Study.html
๐๐ก๐จ๐ฉ ๐ ๐ข๐ญ๐ญ๐ข๐ง๐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/05/10/2665791/0/en/Shop-Fitting-Materials-Market-to-Grow-at-a-CAGR-of-4-5-from-2023-to-2031-Reaching-US-234-1-Billion-As-per-TMR-Study.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
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๐๐จ๐ง๐ญ๐๐๐ญ:
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