Global Wearable Medical Devices Market: Overview
This report analyzes the current and future scenario of the global wearable medical devices market.
Rise in prevalence of chronic pain, increase in diabetic population,
rise in the geriatric population, surge in the rate of adoption of
technologically advanced wearable medical products, and rise in patient
awareness and health care expenditure are key factors that are projected
to drive the global market during the forecast period.
The global wearable medical devices
market report comprises an elaborate executive summary, which includes a
snapshot that provides information about various segments of the
market. It also provides information and data analysis of the global
market with respect to the segments based on device, product type,
application, distribution channel, and region. A detailed qualitative
analysis of drivers and restraints of the market and opportunities has
been provided in the overview section. Additionally, the section
comprises a competitive matrix and company profiles along with business
overview to understand the competitive landscape in the market. This
section of the report also provides market share analysis by key
players, thereby presenting a thorough analysis of the overall
competitive scenario in the global wearable medical devices market.
Global Wearable Medical Devices Market: Key Segments
The global wearable medical devices
market has been segmented based on device, product type, application,
distribution channel, and region. In terms of device, the global market
has been classified into diagnostic and monitoring devices and
therapeutic devices. The diagnostic and monitoring devices segment has
been further sub-segmented into vital signs monitoring devices, glucose
monitoring devices, sleep monitoring devices, fetal monitoring &
obstetric devices, and neuromonitoring devices. The therapeutic devices
segment has been further sub-segmented into pain management devices,
rehabilitation devices, insulin pumps, and respiratory therapy devices.
Based on product type, the wearable medical devices market has been
categorized into smart watches, activity monitors, patches, and smart
clothing. The application segment is bifurcated into sports &
fitness, home healthcare, and remote patient monitoring. Based on
distribution channel, the market has been classified into online
channels, pharmacies, and hypermarkets. Based on region, the global
market has been segmented into North America, Europe, Asia Pacific,
Latin America, and Middle East & Africa. The market size and
forecast for each of these segments have been provided for the period
from 2017 to 2026, along with their respective CAGRs for the forecast
period from 2018 to 2026, considering 2017 as the base year.
Global Wearable Medical Devices Market: Regional Outlook
In terms of region, the global wearable
medical devices market has been segmented into North America (the U.S.
and Canada), Europe (the U.K., Germany, France, Spain, Italy, and Rest
of Europe), Asia Pacific (India, China, Japan, Australia & New
Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and
Rest of Latin America), and Middle East & Africa (GCC Countries,
South Africa, and rest of Middle East & Africa). The market size and
forecast for each of these regions and the mentioned
countries/sub-regions have been provided for the period from 2017 to
2026, along with their respective CAGRs for the forecast period from
2018 to 2026, considering 2017 as the base year. The research study also
covers the competitive scenario in these regions.
Companies Mentioned in the Report
The report also profiles major players in
the global wearable medical devices market based on various attributes
such as company overview, financial overview, product portfolio,
business strategies, and recent developments. The major players profiled
in the market report include Xiaomi Technology Co., Ltd, Samsung
Electronics Co. Ltd., Fitbit, Inc., Garmin Corporation, Apple Inc.,
Huawei Technologies Co., Ltd., Polar Electro, OMRON Corporation,
Activinsights Ltd., and VitalConnect.
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