Wearable Medical Device Market Size, Share | Global Report 2027
The global Wearable Medical Device market is expected to reach USD 89.45 Billion by 2027 and poised to grow at a CAGR of around 25.6% during the forecast period 2020 to 2027.
The Wearable Medical Device market mentions valuable insights pertaining to market share, profitability graph, market size, SWOT analysis, and regional proliferation of this industry. This study incorporates a disintegration of key drivers and challenges, industry participants, and application segments, devised by analyzing profuse information about this business space.
The Wearable Medical Device market report offers an in-depth examination of this industry vertical, with rigorous assessment of the primary growth stimulants, opportunities, and constraints that shape the market dynamics through the analysis timeframe.
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The fluctuations in the supply & demand channels as a result of the strict lockdown measures imposed in order to address the COVID-19 pandemic have caused disorder among several organizations. With regards to the uncertainty of revenue in the near term, companies are expected to face challenges even once the global economy rises from the pandemic.
Furthermore, the document offers an all-inclusive analysis of the various segments in order to assist you in understanding the revenue prospects of the market.
Key Players
- Koninklijke Philips N.V.
- Medtronic Plc
- Sotera Wireless
- Omron Corporation
- Polar Electro
- Everist Health
- Intelesens Ltd
- Fitbit Inc.
- Withings
- Vital Connect
- Garmin Ltd.
Customization of the Report
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Key Inclusions:
- Influence of COVID-19 pandemic on the growth graph.
- Leading companies of the industry.
- Estimates reflecting industry size, sales volume, and overall market revenue.
- A study of industry trends.
- Projected CAGR of the market and its segments.
- Growth prospects over the analysis timeframe.
- Advantages & disadvantages of indirect as well as direct sales channels.
Regional analysis: North America, Europe, Asia-Pacific, South America, Middle East and Africa
- Regional and country-level fragmentation of the vertical.
- Thorough analysis of sales, returns, and market share of each geography.
- Estimates regarding the revenue projections and CAGRs of the listed regions over the forecast period.
Segments Covered in the Report
By Site
- Headband
- Handheld
- Shoe Sensors
- Strap/Clip/Bracelet
- Others
By Product
- Therapeutic Devices
- Insulin/Glucose Monitoring Devices
- Insulin Pumps
- Others
- Pain Management Devices
- Neurostimulation Devices
- Others
- Respiratory Therapy Devices
- Portable Oxygen Concentrators
- Positive Airway Pressure (PAP) Devices
- Ventilators
- Others
- Rehabilitation Devices
- Sensing Devices
- Accelerometers
- Ultrasound Platform
- Others
- Diagnostic Devices
- Sleep Monitoring Devices
- Polysomnographs
- Wrist Actigraphs
- Sleep Trackers
- Others
- Vital Sign Monitoring Devices
- Activity Monitors
- Heart Rate Monitors
- Electrocardiographs
- Spirometers
- Pulse Oximeters
- Blood Pressure Monitors
- Others
- Neuromonitoring Devices
- Electromyographs
- Electroencephalographs
- Others
- Electrocardiographs Fetal & Obstetric Devices
- Sleep Monitoring Devices
- Insulin/Glucose Monitoring Devices
By Application
- Remote Patient Monitoring
- Sports & Fitness
- Home Healthcare
By Regional Outlook
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of the World
Segmentation landscape
- Anticipated market share of each segment with respect to the sales and revenue.
- Evaluation of pricing patterns of each segment.
Competitive landscape:
- Information including key participants of the market along with the competitors as well as manufacturing facilities of each player.
- Services offered by leading companies.
- A rundown of business parameters including market concentration rate, commercialization rate, and marketing tactics.
Significant Features:
- Detailed overview of Wearable Medical Device market
- Changing market dynamics of the industry
- In-depth market segmentation by type, application, others.
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Wearable Medical Device market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
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