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Wearable Medical Device Market Analysis, By Product (Diagnostic, Therapeutic Devices), By Site (Handheld, Headband, Strap/Clip/Bracelet, Shoe Sensors), By Application (Sports Fitness, Remote Patient Monitoring, Home Healthcare), And Segment Forecasts To 2

Wearable Medical Device Market Analysis, By Product (Diagnostic, Therapeutic Devices), By Site (Handheld, Headband, Strap/Clip/Bracelet, Shoe Sensors), By Application (Sports Fitness, Remote Patient Monitoring, Home Healthcare), And Segment Forecasts To 2022

Global Wearable Medical Device Market is expected to reach USD 27.8 billion by 2022, according to a new report by Grand View Research, Inc. Rising prevalence of conditions such as obesity and hypertension, as a result of sedentary lifestyle is anticipated to boost the demand for wearable medical devices. Moreover, increasing health awareness is further expected to augment the demand for these devices.

Additionally, growing incidences of chronic conditions, such as diabetes, which require round-the-clock monitoring, are expected to increase the demand for wearable technology. Technological innovation is projected to be vital for growth of this industry over the forecast period. Smart watches, smart bands, and smart clothing are anticipated to be the key areas for development. Increasing penetration of smart cellular phones is expected to assist growth of this technology. However, patient privacy and security concerns along with complexity in engineering are expected to impede growth of the industry.

Further key findings from the study suggest:

Diagnostic wearable medical devices held substantial share in 2014 owing to increasing usage in remote patient monitoring as well as home healthcare

Therapeutic wearable devices are anticipated to exhibit remunerative growth over the forecast period. Increasing penetration of products, such as insulin monitors, is assisting the growth of wearable equipment.

Diagnostic devices such as vital sign monitors are expected to witness lucrative growth over the forecast period. Rising incidences of chronic diseases are expected to boost the demand for this equipment.

Wearable medical devices have applications in sports & fitness monitoring, home healthcare, and remote patient monitoring. Home healthcare held significant shares of around 50.0% in 2014. Simplified usage of this equipment along with ability to synchronize with cellular phones as well as tablet devices assisted the growth of this segment.

On the contrary, remote patient monitoring is projected to exhibit growth rate of over 25.00% in the next seven years. Increasing geriatric population base coupled with demand for continuous monitoring is expected to fuel the growth.

Strap/clip/bracelet or watches held substantial shares of around 40.0% in 2014, and is expected to grow at a lucrative rate over the forecast period. Simplified engineering, aesthetically appealing products, and synchronization with mobile application are anticipated to drive this segment’s growth.

North America dominated the overall market with approximately 40.0% of shares. This can be attributed to increasing per capita income as well as rising healthcare spending, and advanced healthcare infrastructure and presence of OEM in this region.

Asia Pacific is projected to grow with a rapid rate of around 32.0% over the forecast period. Economic development coupled with improving healthcare systems is expected to help the industry grow in this region.

Key companies of the wearable medical devices industry include Fitbit Inc., Garmin, Vital Connect, Omron Corp., Sotera Wireless, Jawbone, Pebble Technology Corp., Basis Science, Inc., Withings, Intelesens Ltd., Covidien Plc, LifeWatch AG, Polar Electro, Philips Electronics, and Everist Genomics


Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Wearable Devices Market- Industry Snapshot and Key Buying Criteria, 2014
Chapter 3. Wearable Medical Devices Industry Outlook
3.1. Wearable Medical Devices: Market Segmentation
3.2. Wearable Medical Device Market Size and Growth Prospects
3.3. Wearable Medical Devices: Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Wearable Medical Device Market Variable Analysis
3.4. Key Opportunities Prioritized
3.5. Industry Analysis - Porter's
3.6. Wearable Medical Devices Competitive Landscape, 2014
3.7. Wearable Medical Device Market: PESTEL Analysis, 2014
3.8. Wearable Medical Device Market: Ansoff’s Matrix, 2014
3.9. Wearable Medical Device Market: Technology Trends & Future Aspects
Chapter 4. Wearable Medical Devices Product Outlook
4.1. Wearable Medical Device Market Share, by Product, 2014 & 2022
4.2. Diagnostic Devices
4.2.1. Diagnostic Devices Market Estimates and Forecasts, 2012 - 2022 (USD Million)
4.2.1.1. Vital Sign Monitoring Devices Market Estimates and Forecasts, 2012 - 2022 (USD Million)
4.2.1.1.1. Heart Rate Monitors
4.2.1.1.2. Activity Monitors
4.2.1.1.3. Electrocardiographs
4.2.1.1.4. Pulse Oximeters
4.2.1.1.5. Spirometers
4.2.1.1.6. Blood Pressure Monitors
4.2.1.1.7. Others
4.2.1.2. Sleep Monitoring Devices Market Estimates and Forecasts, 2012 - 2022 (USD Million)
4.2.1.2.1. Sleep Trackers
4.2.1.2.2. Wrist Actigraphs
4.2.1.2.3. Polysomnographs
4.2.1.2.4. Others
4.2.1.3. Electrocardiographs Fetal & Obstetric Devices Market Estimates and Forecasts, 2012 - 2022 (USD Million)
4.2.1.4. Neuromonitoring Devices Market Estimates and Forecasts, 2012 - 2022 (USD Million)
4.2.1.4.1. Electroencephalographs
4.2.1.4.2. Electromyographs
4.2.1.4.3. Others
4.3. Therapeutic Devices
4.3.1. Therapeutic Devices Market Estimates and Forecasts, 2012 - 2022 (USD Million)
4.3.2. Pain Management Devices Market Estimates and Forecasts, 2012 - 2022 (USD Million)
4.3.2.1.1. Neurostimulation Devices
4.3.2.1.2. Others
4.3.3. Insulin Monitoring Devices Market Estimates and Forecasts, 2012 - 2022 (USD Million)
4.3.3.1. Insulin Pumps
4.3.3.2. Others
4.3.4. Rehabilitation Devices Market Estimates and Forecasts, 2012 - 2022 (USD Million)
4.3.4.1.1. Accelerometers
4.3.4.1.2. Sensing Devices
4.3.4.1.3. Ultrasound Platform
4.3.4.1.4. Others
4.3.5. Respiratory Therapy Devices Market Estimates and Forecasts, 2012 - 2022 (USD Million)
4.3.5.1.1. Ventilators
4.3.5.1.2. Continuous Positive Airway Pressure (CPAP) Devices
4.3.5.1.3. Portable oxygen concentrators
4.3.5.1.4. Positive Airway Pressure (PAP) Devices
4.3.5.1.5. Others
Chapter 5. Wearable Medical Devices Site Outlook
5.1. Wearable Medical Device Market Share, by Site, 2014 & 2022
5.2. Handheld
5.2.1. Handheld Market Estimates and Forecasts, 2012 - 2022 (USD Million)
5.3. Headband
5.3.1. Headband Market Estimates and Forecasts, 2012 - 2022 (USD Million)
5.4. Strap/Clip/Bracelet
5.4.1. Strap/Clip/Bracelet Market Estimates and Forecasts, 2012 - 2022 (USD Million)
5.5. Shoe Sensors
5.5.1. Shoe Sensors Market Estimates and Forecasts, 2012 - 2022 (USD Million)
5.6. Others
5.6.1. Others Market Estimates and Forecasts, 2012 - 2022 (USD Million)
Chapter 6. Wearable Medical Devices Application Outlook
6.1. Market Share, by Application, 2014 & 2022
6.2. Sports & Fitness
6.2.1. Market Estimates and Forecasts, 2012 - 2022 (USD Million)
6.3. Remote Patient Monitoring
6.3.1. Market Estimates and Forecasts, 2012 - 2022 (USD Million)
6.4. Home Healthcare
6.4.1. Market Estimates and Forecasts, 2012 - 2022 (USD Million)
Chapter 7. Wearable Medical Devices Regional Outlook
7.1. Wearable Medical Device Market Share, by Region, 2014 & 2022
7.2. North America
7.2.1. Wearable Medical Device Market Estimates and Forecasts, by Product, 2012 - 2022
7.2.1.1. U.S. Wearable Medical Device Market Estimates And Forecasts
7.2.1.2. Canada Wearable Medical Device Market Estimates And Forecasts
7.2.2. Wearable Medical Device Market Estimates and Forecasts, by Site, 2012 - 2022
7.2.2.1. U.S. Wearable Medical Device Market Estimates And Forecasts
7.2.2.2. Canada Wearable Medical Device Market Estimates And Forecasts
7.2.3. Wearable Medical Device Market Estimates and Forecasts, by Application, 2012 - 2022
7.2.3.1. U.S. Wearable Medical Device Market Estimates And Forecasts
7.2.3.2. Canada Wearable Medical Device Market Estimates And Forecasts
7.3. Europe
7.3.1. Wearable Medical Device Market Estimates and Forecasts, by Product, 2012 - 2022
7.3.1.1. UK Wearable Medical Device Market Estimates And Forecasts
7.3.1.2. Germany Wearable Medical Device Market Estimates And Forecasts
7.3.1.3. France Wearable Medical Device Market Estimates And Forecasts
7.3.2. Wearable Medical Device Market Estimates and Forecasts, by Site, 2012 - 2022
7.3.2.1. UK Wearable Medical Device Market Estimates And Forecasts
7.3.2.2. Germany Wearable Medical Device Market Estimates And Forecasts
7.3.2.3. France Wearable Medical Device Market Estimates And Forecasts
7.3.3. Wearable Medical Device Market Estimates and Forecasts, by Application, 2012 - 2022
7.3.3.1. UK Wearable Medical Device Market Estimates And Forecasts
7.3.3.2. Germany Wearable Medical Device Market Estimates And Forecasts
7.3.3.3. France Wearable Medical Device Market Estimates And Forecasts
7.4. Asia Pacific
7.4.1. Wearable Medical Device Market Estimates and Forecasts, by Product, 2012 - 2022
7.4.1.1. Japan Wearable Medical Device Market Estimates And Forecasts
7.4.1.2. China Wearable Medical Device Market Estimates And Forecasts
7.4.1.3. India Wearable Medical Device Market Estimates And Forecasts
7.4.2. Wearable Medical Device Market Estimates and Forecasts, by Site, 2012 - 2022
7.4.2.1. Japan Wearable Medical Device Market Estimates And Forecasts
7.4.2.2. China Wearable Medical Device Market Estimates And Forecasts
7.4.2.3. India Wearable Medical Device Market Estimates And Forecasts
7.4.3. Wearable Medical Device Market Estimates and Forecasts, by Application, 2012 - 2022
7.4.3.1. Japan Wearable Medical Device Market Estimates And Forecasts
7.4.3.2. China Wearable Medical Device Market Estimates And Forecasts
7.4.3.3. India Wearable Medical Device Market Estimates And Forecasts
7.5. Latin America
7.5.1. Wearable Medical Device Market Estimates and Forecasts, by Product, 2012 - 2022
7.5.1.1. Brazil Wearable Medical Device Market Estimates And Forecasts
7.5.1.2. Mexico Wearable Medical Device Market Estimates And Forecasts
7.5.2. Wearable Medical Device Market Estimates and Forecasts, by Site, 2012 - 2022
7.5.2.1. Brazil Wearable Medical Device Market Estimates And Forecasts
7.5.2.2. Mexico Wearable Medical Device Market Estimates And Forecasts
7.5.3. Latin America Wearable Medical Device Market Estimates and Forecasts, by Application, 2012 - 2022
7.5.3.1. Brazil Wearable Medical Device Market Estimates And Forecasts
7.5.3.2. Mexico Wearable Medical Device Market Estimates And Forecasts
7.6. MEA
7.6.1. Wearable Medical Device Market Estimates and Forecasts, by Product, 2012 - 2022
7.6.1.1. South Africa Wearable Medical Device Market Estimates And Forecasts
7.6.1.2. Saudi Arabia Wearable Medical Device Market Estimates And Forecasts
7.6.2. Wearable Medical Device Market Estimates and Forecasts, by Site, 2012 - 2022
7.6.2.1. South Africa Wearable Medical Device Market Estimates And Forecasts
7.6.2.2. Saudi Arabia Wearable Medical Device Market Estimates And Forecasts
7.6.3. Wearable Medical Device Market Estimates and Forecasts, by Application, 2012 - 2022
7.6.3.1. South Africa Wearable Medical Device Market Estimates And Forecasts
7.6.3.2. Saudi Arabia Wearable Medical Device Market Estimates And Forecasts
Chapter 8. Competitive Landscape
8.1. Philips Electronics
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. Sotera Wireless
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Zephyr Technology Corporation
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. Omron Corporation
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Everist Genomics
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. Polar Electro
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. LifeWatch AG
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Intelesens Ltd.
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. Withings
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. Basis Science Inc.
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives
8.11. Fitbit Inc.
8.11.1. Company Overview
8.11.2. Financial Performance
8.11.3. Product Benchmarking
8.11.4. Strategic Initiatives
8.12. Pebble Technology Corporation
8.12.1. Company Overview
8.12.2. Financial Performance
8.12.3. Product Benchmarking
8.12.4. Strategic Initiatives
8.13. Garmin
8.13.1. Company Overview
8.13.2. Financial Performance
8.13.3. Product Benchmarking
8.13.4. Strategic Initiatives
8.14. Jawbone
8.14.1. Company Overview
8.14.2. Financial Performance
8.14.3. Product Benchmarking
8.14.4. Strategic Initiatives
8.15. Vital Connect
8.15.1. Company Overview
8.15.2. Financial Performance
8.15.3. Product Benchmarking
8.15.4. Strategic Initiatives

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