Global Wearable Medical Devices Market Analysis & Trends - Industry Forecast to 2027
The Global Wearable Medical Devices Market is poised to grow strong during the forecast period 2017 to 2027. Some of the prominent trends that the market is witnessing include increasing the online presence of vendors, the emergence of innovative wearable medical devices and growing awareness and preference for home healthcare.
By the type, the market is segregated into fitness trackers, smart clothing, activity monitors, sports trackers, patches, and smartwatches.
Based on the device type, the market is fragmented into Therapeutic Devices, and Diagnostic & Monitoring Devices. The Therapeutic Devices segment is further classified into Insulin Monitoring Devices, Pain Management Devices, Rehabilitation Devices, and Respiratory Therapy Devices. The Insulin Monitoring Devices segment is furthermore sub-segmented into Insulin Pumps and Other Insulin Monitoring Devices. The Pain Management Devices segment is furthermore sub-divided into Neurostimulation Devices and Other Pain Management Devices. The Rehabilitation Devices are furthermore segregated into Sensing Devices, Ultrasound Platform, Accelerometers, and Other Rehabilitation Devices. The Respiratory Therapy Devices segment is furthermore fragmented into Continuous Positive Airway Pressure (CPAP) Devices, Positive Airway Pressure (PAP) Devices, Ventilators, Portable Oxygen Concentrators, and Other Respiratory Therapy Devices.
The Diagnostic & Monitoring Devices segment is further segmented into Glucose Monitoring Devices, Fetal Monitoring & Obstetric Devices, Vital Sign Monitoring Devices, Sleep Monitoring Devices, and Neuromonitoring Devices. The Glucose Monitoring Devices segment is furthermore sub-classified into Continuous Blood Glucose Monitoring Devices. The Fetal Monitoring & Obstetric Devices segment is furthermore classified into Wearable Fetal Monitors, Infant Motion Sensing Monitors, Wearable Prenatal Audio Belts, and Fetal Visualization Devices. The vital sign monitoring devices segment is furthermore divided into Pulse Oximeters, Activity Monitors, Spirometers, Heart Rate Monitors, Blood Pressure Monitors, Electrocardiographs, and Other Vital Sign Monitoring Devices. The Sleep Monitoring Devices segment is furthermore fragmented into Wrist Actigraphs, Sleep Trackers, Polysomnographs, and Other Sleep Monitoring Devices. The Neuromonitoring Devices segment is furthermore classified into Electromyographs, Electroencephalographs, and Other Neuromonitoring Devices.
On the basis of the application site, the market is bifurcated into Strap/Clip/Bracelet, Wrist Worn, Handheld, Ear Wear, Shoe Sensors, Headband, and Other Application Sites.
Depending on the Distribution Channel, the market is classified into Hypermarkets, Pharmacies, and Online Channel.
By the application, the market is fragmented into Hospitals and Clinics, Remote Patient Monitoring, Sports & Fitness, and Home Healthcare.
This industry report analyses the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2027. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants, and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub-segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation, and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
- Rest of Europe
- New Zealand
- Rest of Asia Pacific
- Saudi Arabia
- Rest of Middle East
- Rest of Latin America
Rest of the World
- South Africa
- The report provides a detailed analysis of current and future market trends to identify the investment opportunities
- Market forecasts till 2027, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2027
- Market opportunities and recommendations for new investments
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