Press release
France Wearable Health Devices Market | Trends, Growth & Forecast 2024-2031 | Medtronic plc, Withings, Acticheck Ltd.
The France Wearable Health Devices Market reached US$ 1005 million in 2023 and is expected to reach US$ 2641.2 million by 2031, growing at a CAGR of 12.8% during the forecast period 2024-2031.France Wearable Health Devices Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The France Wearable Health Devices Market is driven by rising health awareness, an aging population, and advancements in smart technology. These devices, including smartwatches, fitness trackers, and medical-grade wearables, help monitor vital signs, detect early health issues, and enhance patient care. The market is growing due to increasing chronic diseases, government initiatives, and consumer demand for real-time health tracking.
List of the Key Players in the France Wearable Health Devices Market:
Medtronic plc, Withings, Acticheck Ltd, Garmin Ltd, Fitbit (Google), Apple Inc., Samsung Electronics Co., Ltd., Polar Electro, Biotronik SE & Co. KG, OMRON Healthcare Europe among others.
Industry Development:
In October 2023, French medtech startup RDS raised €13 million in Seed funding to develop MultiSense, its cutting-edge Remote Patient Monitoring (RPM) solution. This innovative system allows healthcare professionals to continuously track patients' vital signs, whether they are in the hospital or recovering at home. MultiSense combines a wearable patch with a cloud-based platform and support services, making remote care more precise and accessible.
In April 2023, Chronolife partnered with Garmin Health to improve remote monitoring for high-risk and chronically ill patients. Initially focused on Europe, this collaboration integrates Chronolife's Keesense smart t-shirts with Garmin's wearable technology and other third-party devices. The goal is to provide seamless, real-time health tracking for patients recovering from cardiac events or respiratory conditions, ensuring they receive continuous care beyond hospital walls.
Growth Forecast Projected:
The Global France Wearable Health Devices Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global France Wearable Health Devices Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the France Wearable Health Devices Market:
By Product Type: Continuous Glucose Monitoring Devices, Smartwatches, Wearable Dialysis Devices, Wearable ECG Monitors, Wearable Blood Pressure Monitors, Others.
By Application: Chronic Disease Management, Diabetes, Cardiovascular Diseases, Respiratory Disorders, Others.
By End User: Hospitals and Clinics, Home Healthcare, Ambulatory Surgical Centers, Others.
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the France Wearable Health Devices market?
➠ Who are the leading manufacturers in the global France Wearable Health Devices industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global France Wearable Health Devices industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the France Wearable Health Devices market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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