Connected Wearable Devices in Healthcare Market Outlook and Forecasts 2020 – 2027

Connected Wearable Devices in Healthcare Market Outlook and Forecasts 2020 – 2027

This report evaluates the current state of the wearable technology ecosystem including devices and applications within the medical, wellness, and fitness markets. The report addresses key challenges, market players, solutions, and the future of wearables in healthcare.

The report also provides an outlook for the future of wearable devices in medical, wellness, and fitness with forecasts for the period 2020 – 2027. This includes application analysis and forecasts by physiological activity and the role of wearables in elder care and assisted living.

One of the core reasons for wearables in healthcare is to transmit information for medical support from a licensed professional. However, there is also a market for “quantified self” in healthcare, which refers to the incorporation of technology into data acquisition on aspects of a person's daily life. This enables a “Do it Yourself” (DIY) tool for consumers to self-monitor and self-report important wellness items such as blood pressure.

Wearable devices for medical, wellness and fitness purposes are many and varied, consisting of various form factors depending on the purpose and placement of the human body. Wearable devices can be worn and/or integrated into apparel to become less intrusive. Sensors (biomechanical, motion, etc.) may be placed at specific parts of the body to communicate with an overall Body Area Network system.

Target Audience:
• IoT app and service providers
• Health and fitness companies
• Wireless device manufacturers
• Consumer electronics companies
• Wearable technology developers
• Embedded computing companies
• Wireless service providers of all types

Select Report Findings
• The Global market for health and fitness trackers will reach $8B by 2027
• Privacy and security concerns continue to damper the market significantly at present
• Wearables are rapidly moving into the preventative care, diagnostics, and urgent care segment
• There is a need for efficient device tracking in terms of both care of custody for delivery as well as usage
• The medical device market is increasingly crossing over into the general health, fitness, and well-being category
Report Benefits:
• Forecasting for wearables in healthcare market globally and regionally for 2020 – 2027
• Identify key success factors for consumer adoption and usage of wearables in healthcare
• Understand the factors driving adoption and usage for wearables in healthcare, fitness, and well-being market
• Identify leading companies, strategies, products, applications, and solutions for wearable technology in healthcare
• Obtain a vision for the future of wearables in healthcare including the evolution of wearable technology form factors and usage behaviors

Companies in Report:

• Actofit Wearables
• Alphabet Inc.
• Augmedix
• BBK Electronics
• Brain Scientific
• EarlySense
• Fitbit (Google)
• Johnson & Johnson
• Leapfrog Enterprises Inc.
• LG Electronics
• LifeBEAM Inc.
• Lifesense Group B.V.
• Medtronic PLC
• Meta
• Misfit
• Monster Inc.
• Motorola
• Neurotech
• Nike Inc.
• North
• NTT DoCoMo
• Oculus (Facebook)
• o-synce
• PAI Health
• Polar Electro
• Qardio Inc.
• RealWear
• Recon Instruments
• Reebok International Limited
• Roche Holding AG
• Samsung Electronics Co. Ltd.
• ShotTracker
• Smiths Group plc
• Sony Corporation
• Soundbrenner Limited
• Sqord Inc.
• StarVR Corp
• Suunto
• Timex.com Inc.
• Tlink
• Tobii AB
• Vuzix
• Weartrons Labs
• Xensr
• Xiaomi Technology Co. Ltd.
• Zepp US Inc.
• ZTE Corporation