The growth of the market is attributed to the technological advances in medical devices, increasing penetration of smartphones and growing number of smartphone-based healthcare apps compatible with wearable devices, and increasing awareness about physical fitness.
Houston, TX -- (SBWIRE) -- 04/16/2018 -- The Smart Wearable Healthcare Devices Market to Grow steadily at a CAGR of +19% during the forecast period.
Smart wearable healthcare devices are defined as those devices that are worn or attached to a user's body to monitor the changes in various organs and body parts. Some of the healthcare devices include smart watches, wearable hand, smart diapers, wristband, pedometer, and bionic suit. Important features of these devices include heart rate monitoring, sleep statistics, counting the amount of calorie burnt and taken, monitor body temperature and sleep statistics of babies, remote cardiac monitoring, and monitor and track daily activity of users. These devices easily sync with user's smartphones and tablets.
This report delves into the complete scenario of the Global Smart Wearable Healthcare Devices Market. During the research, it has found that the driving force behind this market is the consumer's demand for the Smart Wearable Healthcare Devices products. The growing consumers demand is pushing companies to come up with efficient products which in turn is aiding the growth of the industry.
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Companies Profiled in this report includes, Apple, Fitbit, Google, Samsung, 3L Labs, 9 Solutions, Amiigo, BTS Bioengineering, Cool Shirt Systems, Esko Bionics, Finis, Fitbug, Force Impact Technologies, Geopalz, IMEC, and others.
Based on type, the market is further classified into smartwatches, patches, smart clothing, and activity monitors. The activity monitors segment is expected to grow at the highest CAGR with largest market share during the forecast period. This growth is mainly due to the high prevalence of lifestyle diseases, growing adoption of sedentary and unhealthy lifestyles, and increasing awareness of fitness and health. The global wearable medical devices market, by applications, is segmented into sports and fitness, remote patient monitoring, and home healthcare.
The major geographical regions which include, North America, Asia Pacific, Europe, the Middle East & Africa and Latin America are studied. Top manufacturers from all these regions are studied to help give a better picture of the market investment. Production, price, capacity, revenue and many such important data is been discussed with precise data.
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A competitive analysis of this global market has also been presented, wherein key market players have been thoroughly reviewed to determine the market's grading. The major players upgrading the global Smart Wearable Healthcare Devices market for the growth of consumers is mentioned in this study. This research report gives a clear image of the global market to the customers so that it can help them understand this market.
In conclusion, Global Smart Wearable Healthcare Devices Market's ranking in 2017 and in years to come is determined by its presentation up until now. Results are sponsored by various sources and market research skills, all of which are substantiated.
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Table of Contents
Global Smart Wearable Healthcare Devices Market Research Report
Chapter 1 Smart Wearable Healthcare Devices Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Smart Wearable Healthcare Devices Market Forecast