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Wearable Medical Devices Market Size Is Projected to Reach US$ 30.2 Billion by 2026 Expanding at CAGR of 18.0%

Wearable Medical Devices Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

 

Pune, India -- (SBWIRE) -- 03/08/2019 -- The worldwide wearable medical devices market value is foreseen to touch USD 30.2 billion by 2026 and the market is expected to project a CAGR of 18.0% during the coming years.

The wearable gadgets and innovation are in vogue; most users who buy such products are pioneers and early adopters. Vast populace of pioneers and early adopters in created nations and expanding number of individuals in this gathering in creating nations are probably going to drive the market. Rising number of sports and fitness enthusiasts are looking for better approaches to monitor their health. These early adopters are increasingly worried about their wellbeing and wellness. Consequently, demand for the wearable medical gadgets is ascending among this gathering. Huge part of the populace in the U.S. also, Canada falls under the gathering of early adopters. This outcomes in fast market infiltration of wearable medicinal gadgets in the area.

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Wearable medicinal gadgets are generally used for wellbeing applications, especially by patients experiencing chronic conditions. These are likewise utilized by competitors in their everyday sports and wellness related exercises. Notwithstanding, the high cost of these gadgets remains a noteworthy issue, particularly in creating nations. In this way, high value goes about as a noteworthy hindrance in the appropriation of wearable medical gadgets. The expense of wearable medical gadgets that are being showcased right now runs from US$ 150 to US$ 1000; it could even be higher. Wearable medical gadgets can be viewed as a pointless extravagance in most developing countries over the world. Industry specialists recommend the development of the economy of these regions would prompt ascent in market share sooner rather than later. Be that as it may, high cost of these gadgets is probably going to end up being a test for the center and low pay bunches in creating nations, thinking about the falling estimation of their currency.

The global wearable medical devices market has been classified intodevice, product type, application, distribution channel and region. Based on device, the global wearable medical devices market is segregated into diagnostic and monitoring devices (vital signs monitoring devices, glucose monitoring devices, sleep monitoring devices, fetal monitoring & obstetric devices, and neuromonitoring devices) and therapeutic devices (pain management devices, rehabilitation devices, insulin pumps, and respiratory therapy devices). Based on product type, the global wearable medical devices market is segregated into smart watches, activity monitors, patches, and smart clothing. On the basis of application, the market is segregated into sports & fitness, home healthcare and remote patient monitoring. On the basis of distribution channel, the market is segregated into online channels, pharmacies, and hypermarkets. On the basis of region, the global wearable medical devices market is bifurcated into North America, Latin America, Europe, Middle East & Africa, and Asia Pacific.

North America held a huge offer of the worldwide market in 2017. This is because of improvement of imaginative products and increment sought after for products among the populace. The U.S. held a noteworthy offer of the market in North America just as all around. The region is a noteworthy center point for advancement, where the world's driving organizations in the segmentconduct R&D.

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As indicated by the CDC, 29.1 million individuals in the U.S. have diabetes. Consequently, demand for wearable glucose screens, heart screens, and action screens is rising always. Europe is a develop market for wearable medical gadgets. In this manner, the market in the region has been growing at a drowsy pace because of a settled system of significant market players, which offers generally less chances to new market contestants. Be that as it may, an ascent in the geriatric populace and good medicinal services repayment guidelines are probably going to drive the market in the region amid the estimate time frame. Asia Pacific is a developing business sector, offering huge potential. Development of the market in the region can be attributed to the rise of strong neighbourhood makers offering innovatively propelled products at lower costs and expanding mindfulness among individuals about early analysis of chronic injuries.

Asia Pacific is a developing business sector, offering critical potential. Extension of the market in the region can be attributed to the rise of solid neighbourhood makers offering mechanically propelled products at lower costs and expanding mindfulness among individuals about early conclusion of incessant injuries.

The topcompanies in the global wearable medical devices market are VitalConnect, Xiaomi Technology Co., Ltd, Activinsights Ltd., Samsung Electronics Co. Ltd., OMRON Corporation, Fitbit, Inc., Polar Electro, Garmin Corporation, Apple Inc., and Huawei Technologies Co., Ltd.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Wearable Medical Devices
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Wearable Medical Devices Market By Device
1.2.2.1. Global Wearable Medical Devices Market Revenue and Growth Rate Comparison By Device (2015-2026)
1.2.2.2. Global Wearable Medical Devices Market Revenue Share By Device in 2017
1.2.2.3. Diagnostic and Monitoring Devices
1.2.2.4. Therapeutic Devices
1.2.3. Wearable Medical Devices Market By Product Type
1.2.3.1. Global Wearable Medical Devices Market Revenue and Growth Rate Comparison By Product Type (2015-2026)
1.2.3.2. Global Wearable Medical Devices Market Revenue Share By Product Type in 2017
1.2.3.3. Smart Watches
1.2.3.4. Activity Monitors
1.2.3.5. Patches
1.2.3.6. Smart Clothing
1.2.4. Wearable Medical Devices Market By Application
1.2.4.1. Global Wearable Medical Devices Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.4.2. Global Wearable Medical Devices Market Revenue Share By Application in 2017
1.2.4.3. Sports & Fitness
1.2.4.4. Home Healthcare
1.2.4.5. Remote Patient Monitoring
1.2.5. Wearable Medical Devices Market By Distribution Channel
1.2.5.1. Global Wearable Medical Devices Market Revenue and Growth Rate Comparison By Distribution Channel (2015-2026)
1.2.5.2. Global Wearable Medical Devices Market Revenue Share By Distribution Channel in 2017
1.2.5.3. Online Channels
1.2.5.4. Pharmacies
1.2.5.5. Hypermarkets
1.2.6. Wearable Medical Devices Market by Geography
1.2.6.1. Global Wearable Medical Devices Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.6.2. North America Wearable Medical Devices Market Revenue and Growth Rate (2015-2026)
1.2.6.3. Europe Wearable Medical Devices Market Revenue and Growth Rate (2015-2026)
1.2.6.4. Asia-Pacific Wearable Medical Devices Market Revenue and Growth Rate (2015-2026)
1.2.6.5. Latin America Wearable Medical Devices Market Revenue and Growth Rate (2015-2026)
1.2.6.6. Middle East and Africa (MEA) Wearable Medical Devices Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter's Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Wearable Medical Devices Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Wearable Medical Devices Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Wearable Medical Devices Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Wearable Medical Devices Major Manufacturers in 2017

CHAPTER 4. WEARABLE MEDICAL DEVICES MARKET BY DEVICE

4.1. Global Wearable Medical Devices Revenue By Device
4.2. Diagnostic and Monitoring Devices
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Therapeutic Devices
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. WEARABLE MEDICAL DEVICES MARKET BY PRODUCT TYPE

5.1. Global Wearable Medical Devices Revenue By Product Type
5.2. Smart Watches
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Activity Monitors
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Patches
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Smart Clothing
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. WEARABLE MEDICAL DEVICES MARKET BY APPLICATION

6.1. Global Wearable Medical Devices Revenue By Application
6.2. Sports & Fitness
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Home Healthcare
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Remote Patient Mointoring
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 7. WEARABLE MEDICAL DEVICES MARKET BY DISTRIBUTION CHANNEL

7.1. Global Wearable Medical Devices Revenue By Distribution Channel
7.2. Online Channels
7.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.3. Pharmacies
7.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.4. Hypermarkets
7.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 8. NORTH AMERICA WEARABLE MEDICAL DEVICES MARKET BY COUNTRY

8.1. North America Wearable Medical Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. North America Wearable Medical Devices Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. U.S.
8.3.1. U.S. Wearable Medical Devices Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.3.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
8.4. Canada
8.4.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
8.5. Mexico
8.5.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)

CHAPTER 9. EUROPE WEARABLE MEDICAL DEVICES MARKET BY COUNTRY

9.1. Europe Wearable Medical Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Europe Wearable Medical Devices Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. UK
9.3.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.3.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
9.4. Germany
9.4.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.5. France
9.5.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
9.6. Spain
9.6.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
9.7. Rest of Europe
9.7.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)

CHAPTER 10. ASIA-PACIFIC WEARABLE MEDICAL DEVICES MARKET BY COUNTRY

10.1. Asia-Pacific Wearable Medical Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Asia-Pacific Wearable Medical Devices Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. China
10.3.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.3.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
10.4. Japan
10.4.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
10.5. India
10.5.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
10.6. Australia
10.6.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
10.6.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.6.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.6.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
10.7. South Korea
10.7.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
10.7.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.7.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.7.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
10.8. Rest of Asia-Pacific
10.8.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
10.8.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.8.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.8.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)

CHAPTER 11. LATIN AMERICA WEARABLE MEDICAL DEVICES MARKET BY COUNTRY

11.1. Latin America Wearable Medical Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Latin America Wearable Medical Devices Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Brazil
11.3.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.3.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
11.4. Argentina
11.4.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
11.5. Rest of Latin America
11.5.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)

CHAPTER 12. MIDDLE EAST WEARABLE MEDICAL DEVICES MARKET BY COUNTRY

12.1. Middle East Wearable Medical Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Middle East Wearable Medical Devices Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. Saudi Arabia
12.3.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.3.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
12.4. UAE
12.4.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.4.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
12.5. Rest of Middle East
12.5.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.5.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)

CHAPTER 13. AFRICA WEARABLE MEDICAL DEVICES MARKET BY COUNTRY

13.1. Africa Wearable Medical Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
13.2. Africa Wearable Medical Devices Market Revenue Share Comparison, 2015 & 2026 (%)
13.3. South Africa
13.3.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
13.3.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
13.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
13.3.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
13.4. Egypt
13.4.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
13.4.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
13.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
13.4.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
13.5. Rest of Africa
13.5.1. Market Revenue and Forecast By Device, 2015 - 2026 ($Million)
13.5.2. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
13.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
13.5.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)

CHAPTER 14. COMPANY PROFILE

14.1. VitalConnect
14.1.1. Company Snapshot
14.1.2. Overview
14.1.3. Financial Overview
14.1.4. Product Portfolio
14.1.5. Key Developments
14.1.6. Strategies
14.2. Xiaomi Technology Co., Ltd
14.2.1. Company Snapshot
14.2.2. Overview
14.2.3. Financial Overview
14.2.4. Product Portfolio
14.2.5. Key Developments
14.2.6. Strategies
14.3. Activinsights Ltd.
14.3.1. Company Snapshot
14.3.2. Overview
14.3.3. Financial Overview
14.3.4. Product Portfolio
14.3.5. Key Developments
14.3.6. Strategies
14.4. Samsung Electronics Co. Ltd.
14.4.1. Company Snapshot
14.4.2. Overview
14.4.3. Financial Overview
14.4.4. Product Portfolio
14.4.5. Key Developments
14.4.6. Strategies
14.5. OMRON Corporation, Fitbit, Inc.
14.5.1. Company Snapshot
14.5.2. Overview
14.5.3. Financial Overview
14.5.4. Product Portfolio
14.5.5. Key Developments
14.5.6. Strategies
14.6. Polar Electro, Garmin Corporation
14.6.1. Company Snapshot
14.6.2. Overview
14.6.3. Financial Overview
14.6.4. Product Portfolio
14.6.5. Key Developments
14.6.6. Strategies
14.7. Apple Inc.
14.7.1. Company Snapshot
14.7.2. Overview
14.7.3. Financial Overview
14.7.4. Product Portfolio
14.7.5. Key Developments
14.7.6. Strategies
14.8. Huawei Technologies Co., Ltd.
14.8.1. Company Snapshot
14.8.2. Overview
14.8.3. Financial Overview
14.8.4. Product Portfolio
14.8.5. Key Developments
14.8.6. Strategies

CHAPTER 15. RESEARCH APPROACH

15.1. Research Methodology
15.1.1. Initial Data Search
15.1.2. Secondary Research
15.1.3. Primary Research
15.2. Assumptions and Scope

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