Emergence of Innovative Wearable Medical Devices Market Will Drive Strong Growth by 2021

The global wearable medical devices market to grow at a CAGR of 9.46% during the period 2017-2021.

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Albany, NY -- (SBWire) -- 05/08/2018 --Wearable medical devices are autonomous, non-invasive (NI) devices with sensors, which are worn by people. They detect and monitor changes in the body signatures of various areas and organs. Wearable medical devices include diagnostic wearable medical devices and therapeutic wearable medical devices. Diagnostic wearable devices include pulse oximeters, glucose monitoring devices, blood pressure (BP) monitors, wearable patches, and activity trackers.

Covered in this report

The report covers the present scenario and the growth prospects of the global wearable medical devices market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Wearable Medical Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Fitbit
Garmin
OMRON
Philips Healthcare
Sonova

Other prominent vendors
GN Store Nord
Jawbone
LifeWatch
Nokia
Polar Electro
Starkey Hearing Technologies
Tandem Diabetes Care

Market driver
Increasing prevalence of chronic diseases
For a full, detailed list, view our report

Market challenge
High cost of devices
For a full, detailed list, view our report

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Market trend
Emergence of innovative wearable medical devices
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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