Wearable Medical Devices Market to Grow Nearly $19.5 Billion in 2021
The Global Wearable Medical Devices Market is expected to increase from $5.5 billion in 2016 to nearly $19.5 billion in 2021, demonstrating a five-year compound annual growth rate (CAGR) of 28.8%. The U.S. market should reach $2.5 billion and $8.7 billion in 2016 and 2021, respectively, growing at a five-year CAGR of 27.9%. The Asian market should reach nearly $4.0 billion in 2021, up from $908 million in 2016, at a CAGR of 34.5%.
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