Wearable Medical Device Market Size, Trends & Growth Opportunity By Type (Activity Monitors, Smartwatches, Smart Clothing), By Distribution Channel (Pharmacies, Online Channels, and Hypermarkets), By Application (Sports & Fitness, Remote Patient Monitoring, and Home Healthcare), By Region and Forecast till 2027
Report ID : AMR1007 | Industries : Healthcare | Published On :November 2024 | Page Count : 249
Global Wearable Medical Device Market
Wearable medical devices are the type of handheld monitoring tools which are used in monitoring and identification of diseases. The demand for wearable medical devices are continuously increasing in the market, where disposable income, innovations, and technological advancements are the major driving factors for global wearable medical device market which are expected to boost the global wearable medical device market growth, in this forecast period.
Global Wearable Medical Device Market Drivers
Rise in chronic disease patients is expected to drive the global wearable medical device market growth, in this forecast period. Furthermore, continuous development in the healthcare sector is another driving factor which is expected to propel the growth of global wearable medical device market growth. In other hand, ease-of-use and interpretation of medical devices and rise in per capita income in developing countries are expected to fuel the growth of global wearable medical device market.
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Global Wearable Medical Device Market Restraint
However, high cost of wearable devices is the major restraining factor for market is expected to hamper the growth of global wearable medical device market. Also, unfavorable reimbursement issues are expected to hinder the global wearable medical device market growth.
Global Wearable Medical Device Market Segmentation
Global Wearable Medical Device Market is segmented into Type such as Activity Monitors, Smartwatches, Smart Clothing, Patches, by Distribution Channel such as Pharmacies, Online Channels, and Hypermarkets. Further, Global Wearable Medical Device Market is segmented into application such as Sports & Fitness, Remote Patient Monitoring, and Home Healthcare.
Also, Global Wearable Medical Device Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa,
Global Wearable Medical Device Market Key Players
Various key players are discussed in this report such as Fitbit, Phillips, Garmin, Lifewatch, Omron, Dragerwerk, Nokia Technologies, Jawbone, Polar Electro, and World Global Network.
Global Wearable Medical Device Market Taxonomy
By Type
- Activity Monitors
- Smartwatches
- Smart Clothing
- Patches
By Distribution Channel
- Pharmacies
- Online Channels
- Hypermarkets
By Application
- Sports & Fitness
- Remote Patient Monitoring
- Home Healthcare
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Wearable Medical Device Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
1. Executive Summary
1.1. Market Taxonomy
2. Global Wearable Medical Devices Market Demand (in Value or Size in US$ Mn) Analysis and Forecast
3. Market Background
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
4. Global Wearable Medical Devices Market Snapshot
5. Global Wearable Medical Devices Market Analysis, By Type
5.1. Y-o-Y Growth Comparison, By Type
5.2. Global Wearable Medical Devices Market Share Analysis, By Type
5.3. Global Wearable Medical Devices Market Size and Forecast, By Type
5.3.1 Activity Monitor
5.3.2 Smartwatches
5.3.3 Smart Clothing
5.3.4 Patches
6. Global Wearable Medical Devices Market Analysis, By Distribution Channel
6.1. Y-o-Y Growth Comparison, By Distribution Channel
6.2. Global Wearable Medical Devices Market Share Analysis, By Distribution Channel
6.3. Global Wearable Medical Devices Market Size and Forecast, By Distribution Channel
6.3.1 Pharmacies
6.3.2 Online Channels
6.3.3 Hypermarkets
7. Global Wearable Medical Devices Market Analysis, By Application
7.1. Y-o-Y Growth Comparison, By Application
7.2. Global Wearable Medical Devices Market Share Analysis, By Application
7.3. Global Wearable Medical Devices Market Size and Forecast, By Application
7.3.1 Sports & Fitness
7.3.2 Remote Patient Monitoring
7.3.3 Home Healthcare
8. Global Wearable Medical Devices Market Analysis, By Region
8.1. Y-o-Y Growth Comparison, By Region
8.2. Global Wearable Medical Devices Market Share Analysis, By Region
9. North America Wearable Medical Devices Market Analysis and Forecast (2017-2027)
9.1 Introduction
9.2 North America Wearable Medical Devices Market Analysis, By Type
9.3 North America Wearable Medical Devices Market Analysis, By Distribution Channel
9.4 North America Wearable Medical Devices Market Analysis, By Application
9.5 North America Wearable Medical Devices Market Analysis, By Country
9.5.1USA
9.5.2 Canada
9.5.3 Mexico
10. Europe Wearable Medical Devices Market Analysis and Forecast (2017-2027)
10.1 Introduction
10.2 Europe Wearable Medical Devices Market Analysis, By Type
10.3 Europe Wearable Medical Devices Market Analysis, By Distribution Channel
10.4 Europe Wearable Medical Devices Market Analysis, By Application
10.5 Europe Wearable Medical Devices Market Analysis, By Country
10.5 .1Germany
10.5 .2 France
10.5 .3 UK
10.5 .4 Rest of Europe
11. Asia Pacific Wearable Medical Devices Market Analysis and Forecast (2017-2027)
11.1 Introduction
11.2 Asia Pacific Wearable Medical Devices Market Analysis, By Type
11.3Asia Pacific Wearable Medical Devices Market Analysis, By Distribution Channel
11.3Asia Pacific Wearable Medical Devices Market Analysis, By Application
11.4 Asia Pacific Wearable Medical Devices Market Analysis, By Country
11.4.1China
11.4.2 India
11.4.3 Japan
11.4.4 Rest of Asia Pacific
12. Latin America Wearable Medical Devices Market Analysis and Forecast (2017-2027)
12.1 Introduction
12.2 Latin America Wearable Medical Devices Market Analysis, By Type
12.3Latin America Wearable Medical Devices Market Analysis, By Distribution Channel
12.4Latin America Wearable Medical Devices Market Analysis, By Application
13. Middle East & Africa Wearable Medical Devices Market Analysis and Forecast (2017-2027)
13.1 Introduction
13.2 Middle East & Africa Wearable Medical Devices Market Analysis, By Type
13.3Middle East & Africa Wearable Medical Devices Market Analysis, By Distribution Channel
13.4Middle East & Africa Wearable Medical Devices Market Analysis, By Application
14. Competition Analysis
14.1 Competition Dashboard
14.2Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15. Company Profiles
15.1 Fitbit
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financial
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Phillips
15.3 Garmin
15.4 Lifewatch
15.5 Omron
15.6 Dragerwerk
15.7 Nokia Technologies
15.8 Jawbone
15.9 Polar Electro
15.10 World Global Network
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