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Synopsis
A wearable medical device can be defined as a device that is autonomous, that is noninvasive, and that performs a specific medical function such as monitoring or support over a prolonged period of time.
The global Wearable Medical Devices market size is expected to reach US$ 57440 million by 2029, growing at a CAGR of 20.1% from 2023 to 2029. The market is mainly driven by the significant applications of Wearable Medical Devices in various end use industries. The expanding demands from the Remote Patient Monitoring and Home Healthcare, are propelling Wearable Medical Devices market. Implantable, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Wearable segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wearable Medical Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wearable Medical Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wearable Medical Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wearable Medical Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wearable Medical Devices covered in this report include Fitbit, Philips, Garmin, Omron, Drägerwerk, Nokia Technologies, Jawbone, Polar Electro and World Global Network [Wor(I)D], etc.
The global Wearable Medical Devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
- Fitbit
- Philips
- Garmin
- Omron
- Drägerwerk
- Nokia Technologies
- Jawbone
- Polar Electro
- World Global Network [Wor(I)D]
- Activeinsights
- Vitalconnect
- Xiaomi
- Misfit
- Monica Healthcare
Global Wearable Medical Devices market, by region:
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, UK, Italy, etc.)
- Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
- South America (Brazil, etc.)
- Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wearable Medical Devices market, Segment by Type:
- Implantable
- Wearable
Global Wearable Medical Devices market, by Application
- Remote Patient Monitoring
- Home Healthcare
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Wearable Medical Devices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wearable Medical Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Wearable Medical Devices Market Overview
1.1 Wearable Medical Devices Product Overview
1.2 Wearable Medical Devices Market Segment by Type
1.2.1 Implantable
1.2.2 Wearable
1.3 Global Wearable Medical Devices Market Size by Type
1.3.1 Global Wearable Medical Devices Market Size Overview by Type (2018-2029)
1.3.2 Global Wearable Medical Devices Historic Market Size Review by Type (2018-2023)
1.3.3 Global Wearable Medical Devices Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Wearable Medical Devices Sales Breakdown by Type (2018-2023)
1.4.2 Europe Wearable Medical Devices Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Wearable Medical Devices Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Wearable Medical Devices Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Wearable Medical Devices Sales Breakdown by Type (2018-2023)
2 Global Wearable Medical Devices Market Competition by Company
2.1 Global Top Players by Wearable Medical Devices Sales (2018-2023)
2.2 Global Top Players by Wearable Medical Devices Revenue (2018-2023)
2.3 Global Top Players by Wearable Medical Devices Price (2018-2023)
2.4 Global Top Manufacturers Wearable Medical Devices Manufacturing Base Distribution, Sales Area, Product Type
2.5 Wearable Medical Devices Market Competitive Situation and Trends
2.5.1 Wearable Medical Devices Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Wearable Medical Devices Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Wearable Medical Devices as of 2022)
2.7 Date of Key Manufacturers Enter into Wearable Medical Devices Market
2.8 Key Manufacturers Wearable Medical Devices Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Wearable Medical Devices Status and Outlook by Region
3.1 Global Wearable Medical Devices Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Wearable Medical Devices Historic Market Size by Region
3.2.1 Global Wearable Medical Devices Sales in Volume by Region (2018-2023)
3.2.2 Global Wearable Medical Devices Sales in Value by Region (2018-2023)
3.2.3 Global Wearable Medical Devices Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Wearable Medical Devices Forecasted Market Size by Region
3.3.1 Global Wearable Medical Devices Sales in Volume by Region (2024-2029)
3.3.2 Global Wearable Medical Devices Sales in Value by Region (2024-2029)
3.3.3 Global Wearable Medical Devices Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Wearable Medical Devices by Application
4.1 Wearable Medical Devices Market Segment by Application
4.1.1 Remote Patient Monitoring
4.1.2 Home Healthcare
4.2 Global Wearable Medical Devices Market Size by Application
4.2.1 Global Wearable Medical Devices Market Size Overview by Application (2018-2029)
4.2.2 Global Wearable Medical Devices Historic Market Size Review by Application (2018-2023)
4.2.3 Global Wearable Medical Devices Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Wearable Medical Devices Sales Breakdown by Application (2018-2023)
4.3.2 Europe Wearable Medical Devices Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Wearable Medical Devices Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Wearable Medical Devices Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Wearable Medical Devices Sales Breakdown by Application (2018-2023)
5 North America Wearable Medical Devices by Country
5.1 North America Wearable Medical Devices Historic Market Size by Country
5.1.1 North America Wearable Medical Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Wearable Medical Devices Sales in Volume by Country (2018-2023)
5.1.3 North America Wearable Medical Devices Sales in Value by Country (2018-2023)
5.2 North America Wearable Medical Devices Forecasted Market Size by Country
5.2.1 North America Wearable Medical Devices Sales in Volume by Country (2024-2029)
5.2.2 North America Wearable Medical Devices Sales in Value by Country (2024-2029)
6 Europe Wearable Medical Devices by Country
6.1 Europe Wearable Medical Devices Historic Market Size by Country
6.1.1 Europe Wearable Medical Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Wearable Medical Devices Sales in Volume by Country (2018-2023)
6.1.3 Europe Wearable Medical Devices Sales in Value by Country (2018-2023)
6.2 Europe Wearable Medical Devices Forecasted Market Size by Country
6.2.1 Europe Wearable Medical Devices Sales in Volume by Country (2024-2029)
6.2.2 Europe Wearable Medical Devices Sales in Value by Country (2024-2029)
7 Asia-Pacific Wearable Medical Devices by Region
7.1 Asia-Pacific Wearable Medical Devices Historic Market Size by Region
7.1.1 Asia-Pacific Wearable Medical Devices Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Wearable Medical Devices Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Wearable Medical Devices Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Wearable Medical Devices Forecasted Market Size by Region
7.2.1 Asia-Pacific Wearable Medical Devices Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Wearable Medical Devices Sales in Value by Region (2024-2029)
8 Latin America Wearable Medical Devices by Country
8.1 Latin America Wearable Medical Devices Historic Market Size by Country
8.1.1 Latin America Wearable Medical Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Wearable Medical Devices Sales in Volume by Country (2018-2023)
8.1.3 Latin America Wearable Medical Devices Sales in Value by Country (2018-2023)
8.2 Latin America Wearable Medical Devices Forecasted Market Size by Country
8.2.1 Latin America Wearable Medical Devices Sales in Volume by Country (2024-2029)
8.2.2 Latin America Wearable Medical Devices Sales in Value by Country (2024-2029)
9 Middle East and Africa Wearable Medical Devices by Country
9.1 Middle East and Africa Wearable Medical Devices Historic Market Size by Country
9.1.1 Middle East and Africa Wearable Medical Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Wearable Medical Devices Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Wearable Medical Devices Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Wearable Medical Devices Forecasted Market Size by Country
9.2.1 Middle East and Africa Wearable Medical Devices Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Wearable Medical Devices Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Fitbit
10.1.1 Fitbit Company Information
10.1.2 Fitbit Introduction and Business Overview
10.1.3 Fitbit Wearable Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Fitbit Wearable Medical Devices Products Offered
10.1.5 Fitbit Recent Development
10.2 Philips
10.2.1 Philips Company Information
10.2.2 Philips Introduction and Business Overview
10.2.3 Philips Wearable Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Philips Wearable Medical Devices Products Offered
10.2.5 Philips Recent Development
10.3 Garmin
10.3.1 Garmin Company Information
10.3.2 Garmin Introduction and Business Overview
10.3.3 Garmin Wearable Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Garmin Wearable Medical Devices Products Offered
10.3.5 Garmin Recent Development
10.4 Omron
10.4.1 Omron Company Information
10.4.2 Omron Introduction and Business Overview
10.4.3 Omron Wearable Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Omron Wearable Medical Devices Products Offered
10.4.5 Omron Recent Development
10.5 Drägerwerk
10.5.1 Drägerwerk Company Information
10.5.2 Drägerwerk Introduction and Business Overview
10.5.3 Drägerwerk Wearable Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Drägerwerk Wearable Medical Devices Products Offered
10.5.5 Drägerwerk Recent Development
10.6 Nokia Technologies
10.6.1 Nokia Technologies Company Information
10.6.2 Nokia Technologies Introduction and Business Overview
10.6.3 Nokia Technologies Wearable Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Nokia Technologies Wearable Medical Devices Products Offered
10.6.5 Nokia Technologies Recent Development
10.7 Jawbone
10.7.1 Jawbone Company Information
10.7.2 Jawbone Introduction and Business Overview
10.7.3 Jawbone Wearable Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Jawbone Wearable Medical Devices Products Offered
10.7.5 Jawbone Recent Development
10.8 Polar Electro
10.8.1 Polar Electro Company Information
10.8.2 Polar Electro Introduction and Business Overview
10.8.3 Polar Electro Wearable Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Polar Electro Wearable Medical Devices Products Offered
10.8.5 Polar Electro Recent Development
10.9 World Global Network [Wor(I)D]
10.9.1 World Global Network [Wor(I)D] Company Information
10.9.2 World Global Network [Wor(I)D] Introduction and Business Overview
10.9.3 World Global Network [Wor(I)D] Wearable Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.9.4 World Global Network [Wor(I)D] Wearable Medical Devices Products Offered
10.9.5 World Global Network [Wor(I)D] Recent Development
10.10 Activeinsights
10.10.1 Activeinsights Company Information
10.10.2 Activeinsights Introduction and Business Overview
10.10.3 Activeinsights Wearable Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Activeinsights Wearable Medical Devices Products Offered
10.10.5 Activeinsights Recent Development
10.11 Vitalconnect
10.11.1 Vitalconnect Company Information
10.11.2 Vitalconnect Introduction and Business Overview
10.11.3 Vitalconnect Wearable Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Vitalconnect Wearable Medical Devices Products Offered
10.11.5 Vitalconnect Recent Development
10.12 Xiaomi
10.12.1 Xiaomi Company Information
10.12.2 Xiaomi Introduction and Business Overview
10.12.3 Xiaomi Wearable Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Xiaomi Wearable Medical Devices Products Offered
10.12.5 Xiaomi Recent Development
10.13 Misfit
10.13.1 Misfit Company Information
10.13.2 Misfit Introduction and Business Overview
10.13.3 Misfit Wearable Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Misfit Wearable Medical Devices Products Offered
10.13.5 Misfit Recent Development
10.14 Monica Healthcare
10.14.1 Monica Healthcare Company Information
10.14.2 Monica Healthcare Introduction and Business Overview
10.14.3 Monica Healthcare Wearable Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Monica Healthcare Wearable Medical Devices Products Offered
10.14.5 Monica Healthcare Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Wearable Medical Devices Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Wearable Medical Devices Industrial Chain Analysis
11.4 Wearable Medical Devices Market Dynamics
11.4.1 Wearable Medical Devices Industry Trends
11.4.2 Wearable Medical Devices Market Drivers
11.4.3 Wearable Medical Devices Market Challenges
11.4.4 Wearable Medical Devices Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Wearable Medical Devices Distributors
12.3 Wearable Medical Devices Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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