Wearable Medical Devices Market Size, Share and Competitive Landscape 2019-2025

Posted on 2019-12-17 by researchinsights in Healthcare // 0 Comments

17^th Dec 2019 – The global Wearable Medical Devices Market is estimated to develop at a CAGR of 9.82% for the duration of the prediction. Growing demand for technically innovative wearable medical devices, growing alertness about physical appropriateness, arrival of new-fangled smartphone linked healthcare applications, and increasing demand for wireless connectivity in the healthcare business are the important reasons boosting the general business. Additionally, continuous development of home-based healthcare and checking of patients at distance are projected clearly inspire the wearable medical devices market.

The market on the source of Type of Application could span Home-based Healthcare, Remote Patient Monitoring, and Sports & Fitness. The subdivision of Home-based Healthcare ruled the application division and is projected to preserve its supremacy above the prediction period due to growing technical progression in therapeutic merchandises to pervade greater precision and stress-free practice by persons deprived of specialized help.

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The wearable medical devices market on the source of Type of Position could span Shoe Sensors, Headband, Strap, Handheld, Bracelet, Strap and Clip. The subdivision of Strap, Handheld, Bracelet, Strap, Clip devices is estimated to hold around 40.0% stake of the income in the market.

The market on the source of Type of Product could span Therapeutic Devices, Diagnostic. The subdivision of Diagnostic ruled the product section during the year 2014. This is credited to the growing uses of diagnostic and monitoring products in remote patient monitoring and home-based healthcare. Yet, the subdivision of therapeutic is expected to display profitable development above the prediction period, due to growing demand with increasing patient.

Leading Players:

Fitbit Inc. (U.S.)
Philips Healthcare (Netherlands)
Garmin Ltd. (Switzerland)
LifeWatch AG. (Switzerland)
Omron Corporation (Japan)
Dragerwerk (Germany)
Withings SA. (France)
Jawbone Inc. (U.S.)
Polar Electro Oy (Finland)

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The key points of this report are:

To study and analyze the global Wearable Medical Devices market size (value & volume) by company, key regions, products and end user, breakdown data from 2013 to 2017, and forecast to 2025.
To understand the structure of Wearable Medical Devices market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Wearable Medical Devices companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.

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