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Wearable Medical Devices: $13.5 Billion Global Market Opportunities & Strategies to 2022 - ResearchAndMarkets.com

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The "Wearable
Medical Devices Global Market Opportunities And Strategies To 2022"

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The global wearable medical devices market grew from $3.1 billion in
2014 to $5.2 billion in 2017 at a compound annual growth rate (CAGR) of
13.8%.

It is expected to grow from $5.2 billion in 2017 to $13.5 billion in
2022 at a CAGR of 17.23%. The growth will result from an increasing
demand for smart watches, growing demand for wearable monitors and
increasing use of wearable devices for cardiovascular disease management.

By type of device, consumer wearables segment was the largest accounting
for 63% of the market. The segment's share is expected to grow to 74% in
2018. The consumer wearable market segment includes general consumer,
fitness and sports, fashion and apparel, home automation and remote
identification, and gaming and recreation.

The wearable medical devices market in Americas was the largest in the
world. In 2017, it accounted for about 48% of the global wearable
medical devices market. The principle factors behind such dominance of
Americas region is presence of large number of key players, favourable
government policies and awareness among the population about health
monitoring devices.

Based on type of product, the market was dominated by diagnostic devices
with more than 60% share during the forecast period, due to rising
incidence of chronic diseases as well as increasing demand for health
monitoring devices. In addition, increasing awareness among the
population about diagnostic wearable medical devices, higher healthcare
spending, and supportive government programs promoting the regular
screening of individuals are also contributing to the growth of this
market.

Companies Featured

North America

  • Basis Science Inc.
  • Cardiac Insight Inc.
  • Fitbit
  • Nokia Technologies
  • Qualcomm

South America

  • Fitbit
  • Omron Corporation
  • Sotera Wireless Inc.

Western Europe

  • Advanced Digital Innovation (UK) Ltd.
  • Cosinuss GmbH
  • iRhythm Technologies
  • LifeWatch AG
  • Monica Healthcare Ltd.
  • NUUBO Smart Solutions Technologies
  • Polar Electro Oy
  • SL

Eastern Europe

  • AISENS Sp. z o.o.

Asia-Pacific

  • AsusTek Computer Inc.
  • Casio Computer Co. Ltd.
  • Drgerwerk AG
  • LG Electronics Inc.
  • Omron Corporation
  • Panasonic Corporation
  • Samsung Group
  • Sony Corporation
  • Xiaomi Corporation

Middle East

  • ContinUse Biometrics Ltd.
  • Oxitone
  • Tempdrop

Africa

  • Johnson & Johnson
  • Koninklijke Philips N.V.
  • Stryker Corporation

Key Topics Covered

1 Executive Summary

2 Report's Scope

3 Market Characteristics

4 Global Wearable Medical Devices Market Size & Growth

5 Porter's Five Forces Analysis

6 Wearable Medical Devices Market Segmentation

7 Wearable Medical Devices Market Regional & Country Analysis

8 Mergers & Acquisitions

9 Competitive Analysis

10 Industry Overview

For more information about this report visit https://www.researchandmarkets.com/research/phzmqw/wearable_medical?w=4

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