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Wearable Medical Device Market Size, Trends & Growth Opportunity By Type (Activity Monitors, Smartwatches, Smart Clothing), By Distribution Channel (Pharmacies, Online Channels, and Hypermarkets), By Application (Sports & Fitness, Remote Patient Monitoring, and Home Healthcare), By Region and Forecast till 2030


Report ID : IR1003 | Industries : Food and Beverage | Published On :January 2024 | Page Count : 249

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  • Global Wearable Medical Device Market 

    Wearable medical devices are the type of handheld monitoring tools which are used in monitoring and identification of diseases. The demand for wearable medical devices are continuously increasing in the market, where disposable income, innovations, and technological advancements are the major driving factors for global wearable medical device market which are expected to boost the global wearable medical device market growth, in this forecast period.

    Global Wearable Medical Device Market Drivers

    Rise in chronic disease patients is expected to drive the global wearable medical device market growth, in this forecast period. Furthermore, continuous development in the healthcare sector is another driving factor which is expected to propel the growth of global wearable medical device market growth. In other hand, ease-of-use and interpretation of medical devices and rise in per capita income in developing countries are expected to fuel the growth of global wearable medical device market.

    Global Wearable Medical Device Market Restraint

    However, high cost of wearable devices is the major restraining factor for market is expected to hamper the growth of global wearable medical device market. Also, unfavorable reimbursement issues are expected to hinder the global wearable medical device market growth.

    Global Wearable Medical Device Market Segmentation

    Global Wearable Medical Device Market is segmented into Type such as Activity Monitors, Smartwatches, Smart Clothing, Patches, by Distribution Channel such as Pharmacies, Online Channels, and Hypermarkets.  Further, Global Wearable Medical Device Market is segmented into application such as Sports & Fitness, Remote Patient Monitoring, and Home Healthcare.

    Also, Global Wearable Medical Device Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa,

    Global Wearable Medical Device Market Key Players

    Various key players are discussed in this report such as Fitbit, Phillips, Garmin, Lifewatch, Omron, Dragerwerk, Nokia Technologies, Jawbone, Polar Electro, and World Global Network.

    Global Wearable Medical Device Market Taxonomy

    By Type

    • Activity Monitors
    • Smartwatches
    • Smart Clothing
    • Patches

    By Distribution Channel

    • Pharmacies
    • Online Channels
    • Hypermarkets

    By Application

    • Sports & Fitness
    • Remote Patient Monitoring
    • Home Healthcare

    By Region

    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa

    Key Questions Addressed by the Report

    • What are the Key Opportunities in Wearable Medical Device Market?
    • What will be the growth rate from 2019 to 2030?
    • Which segment/region will have highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the competitive Landscape in the Industry?
    • What is the role of key players in the value chain?
    • What are the strategies adopted by key players?

     

    1. Executive Summary

    1.1. Market Taxonomy

    2. Global Wearable Medical Devices Market Demand (in Value or Size in US$ Mn) Analysis and Forecast

    3.  Market Background

    3.1. Forecast Factor

    3.2. Market Dynamics

    3.2.1. Drivers

    3.2.2. Challenges

    3.2.3. Trends

    4. Global Wearable Medical Devices Market Snapshot

    5. Global Wearable Medical Devices Market Analysis, By Type

    5.1. Y-o-Y Growth Comparison, By Type

    5.2. Global Wearable Medical Devices Market Share Analysis, By Type

    5.3. Global Wearable Medical Devices Market Size and Forecast, By Type

    5.3.1 Activity Monitor

    5.3.2 Smartwatches

    5.3.3 Smart Clothing

    5.3.4 Patches

    6. Global Wearable Medical Devices Market Analysis, By Distribution Channel

    6.1. Y-o-Y Growth Comparison, By Distribution Channel

    6.2. Global Wearable Medical Devices Market Share Analysis, By Distribution Channel

    6.3. Global Wearable Medical Devices Market Size and Forecast, By Distribution Channel

    6.3.1 Pharmacies

    6.3.2 Online Channels

    6.3.3 Hypermarkets

    7. Global Wearable Medical Devices Market Analysis, By Application

    7.1. Y-o-Y Growth Comparison, By Application

    7.2. Global Wearable Medical Devices Market Share Analysis, By Application

    7.3. Global Wearable Medical Devices Market Size and Forecast, By Application

    7.3.1 Sports & Fitness

    7.3.2 Remote Patient Monitoring

    7.3.3 Home Healthcare

    8. Global Wearable Medical Devices Market Analysis, By Region

    8.1. Y-o-Y Growth Comparison, By Region

    8.2. Global Wearable Medical Devices Market Share Analysis, By Region

    9. North America Wearable Medical Devices Market Analysis and Forecast (2017-2030)

    9.1 Introduction

    9.2 North America Wearable Medical Devices Market Analysis, By Type

    9.3 North America Wearable Medical Devices Market Analysis, By Distribution Channel

    9.4 North America Wearable Medical Devices Market Analysis, By Application

    9.5 North America Wearable Medical Devices Market Analysis, By Country

    9.5.1USA

    9.5.2 Canada

    9.5.3 Mexico

    10. Europe Wearable Medical Devices Market Analysis and Forecast (2017-2030)

    10.1 Introduction

    10.2 Europe Wearable Medical Devices Market Analysis, By Type

    10.3 Europe Wearable Medical Devices Market Analysis, By Distribution Channel

    10.4 Europe Wearable Medical Devices Market Analysis, By Application

    10.5 Europe Wearable Medical Devices Market Analysis, By Country

    10.5 .1Germany

    10.5 .2 France

    10.5 .3 UK

    10.5 .4 Rest of Europe

    11. Asia Pacific Wearable Medical Devices Market Analysis and Forecast (2017-2030)

    11.1 Introduction

    11.2 Asia Pacific Wearable Medical Devices Market Analysis, By Type

    11.3Asia Pacific Wearable Medical Devices Market Analysis, By Distribution Channel

    11.3Asia Pacific Wearable Medical Devices Market Analysis, By Application

    11.4 Asia Pacific Wearable Medical Devices Market Analysis, By Country

    11.4.1China

    11.4.2 India

    11.4.3 Japan

    11.4.4 Rest of Asia Pacific

    12. Latin America Wearable Medical Devices Market Analysis and Forecast (2017-2030)

    12.1 Introduction

    12.2 Latin America Wearable Medical Devices Market Analysis, By Type

    12.3Latin America Wearable Medical Devices Market Analysis, By Distribution Channel

    12.4Latin America Wearable Medical Devices Market Analysis, By Application

    13. Middle East & Africa Wearable Medical Devices Market Analysis and Forecast (2017-2030)

    13.1 Introduction

    13.2 Middle East & Africa Wearable Medical Devices Market Analysis, By Type

    13.3Middle East & Africa Wearable Medical Devices Market Analysis, By Distribution Channel

    13.4Middle East & Africa Wearable Medical Devices Market Analysis, By Application

    14. Competition Analysis

    14.1 Competition Dashboard

    14.2Market Share Analysis of Top Vendors

    14.3 Key Development Strategies

    15. Company Profiles

    15.1 Fitbit

    15.1.1 Overview

    15.1.2 Offerings

    15.1.3 Key Financial

    15.1.4 Business Segment & Geographic Overview

    15.1.5 Key Market Developments

    15.1.6 Key Strategies

    15.2 Phillips

    15.3 Garmin

    15.4 Lifewatch

    15.5 Omron

    15.6 Dragerwerk

    15.7 Nokia Technologies

    15.8 Jawbone

    15.9 Polar Electro

    15.10 World Global Network