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Australia and New Zealand Wearable Medical Devices Market Report and Forecast 2024-2032

Publisher Expert Market Research
Published Feb 13, 2024
Length 160 Pages
SKU # EMAR18558313

Description

Australia and New Zealand Wearable Medical Devices Market Report and Forecast 2024-2032


Australia and New Zealand Wearable Medical Devices Market Report and Forecast 2024-2032

Australia and New Zealand Wearable Medical Devices Market Outlook

The Australia and New Zealand wearable medical devices market size is anticipated to grow at a CAGR of 6.52% during the forecast period of 2024-2032, driven by the increased awareness about the healthy lifestyle.

Wearable Medical Devices: Introduction

Wearable technology refers to electronic devices that are worn on the body or attached to clothing. These devices are designed to be portable and hands-free, providing users with real-time access to various applications and data. Common examples include fitness trackers, smartwatches, and health monitoring devices. Wearables are known for their connectivity, typically syncing with mobile devices to track and analyze user data, thereby supporting an array of functions from health and fitness monitoring to messaging and navigation.

Key Trends in the Australia and New Zealand Wearable Medical Devices Market

A surge in health-consciousness is driving the demand for wearables with features like heart rate monitoring, sleep tracking, and fitness activity tracking. Integration of technology in everyday clothing and fabrics, offering more discreet and convenient ways to monitor vital signs and body metrics.

Increasing integration with smartphones and IoT devices, allowing for seamless data synchronization and improved user interaction. Innovations in battery technology to extend the life of wearables, making them more practical for everyday use.

Wearables offering personalized experiences, from customizable watch faces to devices that track individual health metrics and provide tailored fitness routines.

A growing trend in the use of wearables for remote patient monitoring and in clinical settings, aiding in early diagnosis and patient management. Enhanced security features to protect user data, addressing growing concerns about the privacy of health and personal information.

Australia and New Zealand Wearable Medical Devices Market Segmentation

Market Breakup by Product
  • Diagnostic Devices
  • Vital Sign Monitoring Devices
  • Sleep Monitoring Devices
  • Electrocardiographs fetal & Obstetric Devices
  • Neuromonitoring Devices
  • Therapeutic Devices
  • Pain Management Devices
  • Insulin/Glucose Monitoring Devices
  • Rehabilitation Devices
  • Respiratory Therapy Devices
Market Breakup by Site
  • Handheld
  • Headband
  • Strap/Clip/Bracelet
  • Shoe Sensors
  • Others
Market Breakup by Distribution Channel
  • Pharmacies
  • Online Channel
  • Hypermarkets
Market Breakup by Applications
  • Sports and Fitness
  • Remote Patient Monitoring
  • Home Healthcare
  • Cardiology
Market Breakup by End User
  • Infants
  • Kids
  • Adults
  • Elderly
Market Breakup by Country
  • Australia
  • New Zealand
Australia and New Zealand Wearable Medical Devices Market Overview

Australia, the wearable medical devices market is evolving, driven by health awareness and technological integration. With a vast landscape and remote areas, wearables are increasingly integrated into telehealth services, providing real-time health monitoring and data sharing with healthcare providers. A strong emphasis on adherence to health and safety standards, ensuring the quality and reliability of medical wearables Rising prevalence of lifestyle-related conditions like diabetes and heart disease boosts the demand for wearables that monitor and manage these conditions. Additionally, high consumer willingness to adopt new technologies, leading to a rapid uptake of innovative wearable medical devices.

New Zealand, the market for wearable medical devices reflects a focus on quality healthcare and accessibility. Wearables are becoming key in bridging healthcare access gaps in rural and remote regions, offering monitoring and diagnostic capabilities. Government initiatives promoting health and fitness contribute to the growth of health-related wearables. With an aging population, there is a growing trend towards wearables that offer monitoring and emergency alert features for the elderly. Efforts towards integrating data from wearables into national healthcare databases to enhance patient care and healthcare planning.

Australia and New Zealand Wearable Medical Devices Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players.
  • Huawei Technologies Co. Ltd
  • Oppo
  • Apple Inc.
  • Samsung Electronics Co. Ltd
  • Nuheara Limited
  • Garmin Ltd
  • OnePlus
  • Wear OS
  • Fitbit Inc.
  • Philips Electronics
  • Sotera Wireless
  • Intelesens Ltd.
  • Omron Corp.
  • Vital Connect
  • Polar Electro
We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

*Please Note:* The report will take 7 business days to complete, after order confirmation.

Table of Contents

160 Pages
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Australia and New Zealand Wearable Medical Devices Market Overview
3.1 Australia and New Zealand Wearable Medical Devices Market Historical Value (2017-2023)
3.2 Australia and New Zealand Wearable Medical Devices Market Forecast Value (2024-2032)
4 Australia and New Zealand Wearable Medical Devices Market Dynamics
4.1 Market Drivers and Constraints
4.2 SWOT Analysis
4.3 Porter’s Five Forces Model
4.4 Key Demand Indicators
4.5 Key Price Indicators
4.6 Industry Events, Initiatives, and Trends
4.7 Value Chain Analysis
5 Australia and New Zealand Wearable Medical Devices Market Segmentation
5.1 Australia and New Zealand Wearable Medical Devices Market by Product
5.1.1 Market Overview
5.1.2 Diagnostic Devices
5.1.2.1 Vital Sign Monitoring Devices
5.1.2.2 Sleep Monitoring Devices
5.1.2.3 Electrocardiographs Fetal & Obstetric Devices
5.1.2.4 Neuromonitoring Devices
5.1.3 Therapeutic Devices
5.1.3.1 Pain Management Devices
5.1.3.2 Insulin/Glucose Monitoring Devices
5.1.3.3 Rehabilitation Devices
5.1.3.4 Respiratory Therapy Devices
5.2 Australia and New Zealand Wearable Medical Devices Market by Site
5.2.1 Market Overview
5.2.2 Handheld
5.2.3 Headband
5.2.4 Strap/Clip/Bracelet
5.2.5 Shoe Sensors
5.2.6 Others
5.3 Australia and New Zealand Wearable Medical Devices Market by Distribution Channel
5.3.1 Market Overview
5.3.2 Pharmacies
5.3.3 Online Channel
5.3.4 Hypermarkets
5.4 Australia and New Zealand Wearable Medical Devices Market by Applications
5.4.1 Market Overview
5.4.2 Sports and Fitness
5.4.3 Remote Patient Monitoring
5.4.4 Home Healthcare
5.4.5 Cardiology
5.5 Australia and New Zealand Wearable Medical Devices Market by End User
5.5.1 Market Overview
5.5.2 Infants
5.5.3 Kids
5.5.4 Adults
5.5.5 Elderly
5.6 Australia and New Zealand Wearable Medical Devices Market by Country
5.6.1 Market Overview
5.6.2 Australia
5.6.3 New Zealand
6 Patent Analysis
6.1 Analysis by Type of Patent
6.2 Analysis by Publication year
6.3 Analysis by Issuing Authority
6.4 Analysis by Patent Age
6.5 Analysis by CPC Analysis
6.6 Analysis by Patent Valuation
6.7 Analysis by Key Players
7 Grants Analysis
7.1 Analysis by year
7.2 Analysis by Amount Awarded
7.3 Analysis by Issuing Authority
7.4 Analysis by Grant Application
7.5 Analysis by Funding Institute
7.6 Analysis by NIH Departments
7.7 Analysis by Recipient Organization
8 Funding Analysis
8.1 Analysis by Funding Instances
8.2 Analysis by Type of Funding
8.3 Analysis by Funding Amount
8.4 Analysis by Leading Players
8.5 Analysis by Leading Investors
8.6 Analysis by Geography
9 Partnership and Collaborations Analysis
9.1 Analysis by Partnership Instances
9.2 Analysis by Type of Partnership
9.3 Analysis by Leading Players
9.4 Analysis by Geography
10 Regulatory Framework
10.1 Regulatory Overview
11 Supplier Landscape
11.1 Huawei Technologies Co. Ltd
11.1.1 Financial Analysis
11.1.2 Product Portfolio
11.1.3 Demographic Reach and Achievements
11.1.4 Mergers and Acquisitions
11.1.5 Certifications
11.2 Oppo
11.2.1 Financial Analysis
11.2.2 Product Portfolio
11.2.3 Demographic Reach and Achievements
11.2.4 Mergers and Acquisitions
11.2.5 Certifications
11.3 Apple Inc.
11.3.1 Financial Analysis
11.3.2 Product Portfolio
11.3.3 Demographic Reach and Achievements
11.3.4 Mergers and Acquisitions
11.3.5 Certifications
11.4 Samsung Electronics Co. Ltd
11.4.1 Financial Analysis
11.4.2 Financial Portfolio
11.4.3 Demographic Reach and Achievements
11.4.4 Mergers and Acquisitions
11.4.5 Certifications
11.5 Nuheara Limited
11.5.1 Financial Analysis
11.5.2 Product Portfolio
11.5.3 Demographic Reach and Achievements
11.5.4 Mergers and Acquisitions
11.5.5 Certifications
11.6 Garmin Ltd
11.6.1 Financial Analysis
11.6.2 Product Portfolio
11.6.3 Demographic Reach and Achievements
11.6.4 Mergers and Acquisitions
11.6.5 Certifications
11.7 OnePlus
11.7.1 Financial Analysis
11.7.2 Product Portfolio
11.7.3 Demographic Reach and Achievements
11.7.4 Mergers and Acquisitions
11.7.5 Certifications
11.8 Wear OS
11.8.1 Financial Analysis
11.8.2 Product Portfolio
11.8.3 Demographic Reach and Achievements
11.8.4 Mergers and Acquisitions
11.8.5 Certifications
11.9 Fitbit Inc.
11.9.1 Financial Analysis
11.9.2 Product Portfolio
11.9.3 Demographic Reach and Achievements
11.9.4 Mergers and Acquisitions
11.9.5 Certifications
11.10 Philips Electronics
11.10.1 Financial Analysis
11.10.2 Product Portfolio
11.10.3 Demographic Reach and Achievements
11.10.4 Mergers and Acquisitions
11.10.5 Certifications
11.11 Sotera Wireless
11.11.1 Financial Analysis
11.11.2 Product Portfolio
11.11.3 Demographic Reach and Achievements
11.11.4 Mergers and Acquisitions
11.11.5 Certifications
11.12 Intelesens Ltd.
11.12.1 Financial Analysis
11.12.2 Product Portfolio
11.12.3 Demographic Reach and Achievements
11.12.4 Mergers and Acquisitions
11.12.5 Certifications
11.13 Omron Corp.
11.13.1 Financial Analysis
11.13.2 Product Portfolio
11.13.3 Demographic Reach and Achievements
11.13.4 Mergers and Acquisitions
11.13.5 Certifications
11.14 Vital Connect
11.14.1 Financial Analysis
11.14.2 Product Portfolio
11.14.3 Demographic Reach and Achievements
11.14.4 Mergers and Acquisitions
11.14.5 Certifications
11.15 Polar Electro
11.15.1 Financial Analysis
11.15.2 Product Portfolio
11.15.3 Demographic Reach and Achievements
11.15.4 Mergers and Acquisitions
11.15.5 Certifications
12 Australia and New Zealand Wearable Medical Devices Market - Distribution Model (Additional Insight)
12.1 Overview
12.2 Potential Distributors
12.3 Key Parameters for Distribution Partner Assessment
13 Key Opinion Leaders (KOL) Insights (Additional Insight)
14 Company Competitiveness Analysis (Additional Insight)
14.1 Very Small Companies
14.2 Small Companies
14.3 Mid-Sized Companies
14.4 Large Companies
14.5 Very Large Companies
15 Payment Methods (Additional Insight)
15.1 Government Funded
15.2 Private Insurance
15.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.

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