Wearable Medical Devices Market Is Rising at a Strong CAGR of 18.0% During the Forecast Period of 2015 to 2023
The global wearable devices market is demonstrating a moderately fragmented structure, states a new research study by Transparency Market Research (TMR). In 2014, the top five vendors of wearable medical devices across the world, namely, Polar Electro, OMRON Corp., Fitbit Inc., and Medtronic, could hold only a share of 47.0% in the overall market. OMRON Corp. emerged the market leader with a share of 11%, the same year. The increasing focus of these vendors on producing technologically advanced home-healthcare products...
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