Global Diagnostic Wearable Medical Devices Market to grow at a CAGR of 14.01% during Forecast 2016-2020

Albany, NY, April 28, 2017: Diagnostic wearable medical devices are used to monitor, control, and track an individual's vital signs at regular intervals. These devices are connected to an individuals body for the measurement of certain physiological information. They are available in the form of eyeglasses, watch, clothing, jewelry, and contact lenses. Diagnostic wearable medical devices monitor physiological data through remote or wireless communication and transmit this information to medical professionals or the user. These are autonomous, non-invasive devices that help assess specific medical functions such as blood pressure, body temperature, respiratory rate, glucose quantity, heart rate, and blood oxygen saturation. These devices also help determine parameters such as the heart rate, muscle activity, and calories burned during exercise and activities such as walking and jogging.

The global diagnostic wearable medical devices market to grow at a CAGR of 14.01% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global diagnostic wearable medical devices market for 2016-2020. To calculate the market size, the report considers the revenue generated by the following five major segments and three applications.

Segments type:
- Vital signs monitors
- Sleep and activity monitors
- Fetal and obstetric devices
- Neuromonitoring devices
- Electrocardiogram (ECG) monitors

Application type:
- Sports and fitness
- Remote patient monitoring
- Home healthcare

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Technavio's report, Global Diagnostic Wearable Medical Devices Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Cleveland Medical Device
- Fitbit
- Medtronic
- Omron Healthcare
- Polar Electro

Other prominent vendors
- Drgerwerk
- Everist Genomics
- Gentag
- Intelesens
- LifeWatch
- Nuubo
- Philips Healthcare
- ResMed
- Vital Connect
- WinMedical

Market driver
- Growing demand for early diagnosis and preventive medicine
- For a full, detailed list, view our report

Market challenge
- Data privacy issues
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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