Global Wearable Technologies Market and Applications (BP Monitors, CGM devices, Smart Glasses, PERS, Insulin Pumps, ECG Monitors, Healthcare and Medical, Fitness & Wellness, Pulse Oximetry) Overview, Trends and Forecast 2014-2021
Changing lifestyle and innovations in smart technology are leading the growth of wearable devices market. As users are increasingly exposed to the benefits, and brands like Apple make an entry into the market, the sale of products is sure to pick up in the next couple of years.
Monitoring and diagnostics wearable devices are expected to drive the market. With increase in lifestyle diseases such as diabetes and hypertension, the cost of disease management and patient tracking has risen exponentially.
This report focuses on Wearable Technologies in healthcare. Most of the wearable devices developed till date are concentrated around healthcare and wellness products. Major applications of wearable devices in healthcare include BP Monitors, CGM Devices, Smart Glasses, PERS, Insulin Pumps, ECG Monitors and so on.
Increasing life expectancy rates and growing demand for preventive and long-term care are the major drivers for the growth of wearable technologies healthcare market. Data privacy and data traffic management is a challenge for the market. Major players in the Wearable Technologies healthcare market include Medtronic, Dexcom, Abbot, Bio devices, Cardiac Science.
The market for wearable devices however, faces certain challenges that may restrict its growth. The high cost of products and services is the primary obstacle since wearable device technologies are still expensive. While emerging markets are primarily responsible for the growth of mobile phones, smart phones still form only about 39% of total sales. The low acceptance of smart technology reflects in the sales of wearable devices as well. Another reason that is restraining the growth – strict regulations related to the wearable devices, especially in the existing large markets of the US and Europe. With companies launching innovative products rapidly, delays caused by regulatory and other policies are not conducive to growth.
1. Historical data 2. Revenue forecasts, growth rates and CAGR upto 2021 3. Industry Analysis 4. Competitive Analysis 5. Key geographic growth data 6. Deep profiles top competitive companies
The report gives access to
The market growth from the period 2014-2021 in different countries and regions including coverage of regulations
The CAGR upto 2021 of market segments by application and type
Market Size, Share, Trends, Opportunities, Regional and Global Demand to understand the fastest growing markets and the factors for growth.
Insights and Analysis of the market
The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Profiling of both established as well as upcoming companies in the market.
Tables, graphs and figures to for a better visceral understanding of the market
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The report covers following:
Global wearable technology market for Fitness and healthcare. The market extensively studies all the segments including entertainment and industry. The report also analyses the effect of new technologies such as smartwatches and smartglass The report extensively covers all the important geographies and companies. The estimations cover all the important aspects from 2014-2021