This report provides detailed historical analysis of global market for Wearable Medical Devices from 2013-2018, and provides extensive market forecasts from 2018-2023 by region/country and subsectors.
New York, NY -- (SBWIRE) -- 05/14/2019 -- The goal of this updated report is to evaluate the recent developments in the wearable medical devices market, including technology, growth drivers and industry challenges in 2017 and 2018, to estimate the market, and to provide revenue forecasts for the global market from 2018 to 2023.
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This report includes a detailed study on the wearable medical devices market and technologies and an overview of the epidemiology of target diseases for which wearable technology is currently used.
The market is segmented into devices that are used for diagnosis and monitoring, therapeutic devices, rehabilitation devices and devices that are used for health and fitness. Market characterization and market estimations along with future forecasts are discussed through 2023.
Global market drivers, restraints and opportunities that are impacting the market are also discussed, along with an analysis of the current competitive landscape, regulatory aspects, and the pricing and reimbursement scenario for wearable medical devices. Separate chapters on emerging technologies in the field, as well as a discussion on the future market outlook for the medical wearables industry, are included in the report.
Major players in Wearable Medical Devices market are:
270 VISION LTD., ABBOTT LABORATORIES, ACCUMED SYSTEMS, ACTIGRAPH, ADHERIUM LTD., ALIVECOR, ALIPHCOM, ALTERG, APIRA SCIENCE, APPLE, ARCHOS, ASCENSION TECHNOLOGY , CORP., ATLAS, AXIOBIONICS, BABYBE GMBH, BASIS SCIENCE, BIOSENSICS LLC, BIOSERENITY, BIOTRONIK, BIOSERVO TECHNOLOGIES, BIOTRICITY, BIOVOTION, BL HEALTHCARE
This report excludes implantable and ingestible medical devices like pacemakers, implantable cardioverter defibrillators (ICD), smart pills that are ingested to monitor parameters like heart rate, blood pressure, pH and body temperature and implantable deep brain stimulators.
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Major regions that plays a vital role in Wearable Medical Devices market are:
- North america (united states, canada and mexico)
- Europe (germany, uk, france, italy, russia and spain etc.)
- Asia-pacific (china, japan, korea, india, australia and southeast asia etc.)
- South america brazil, argentina, colombia and chile etc.)
- Middle east & africa (south africa, egypt, nigeria and saudi arabia etc.)
Application of Wearable Medical Devices
- Diagnosis,
- Monitoring
- Certain Extent
- Treatment Of Chronic Diseases
Segmentation of Wearable Medical Devices
- Diagnosis And Monitoring
- Therapeutic Devices
- Rehabilitation Devices And Devices
The increasing prevalence of diseases requiring round-the-clock monitoring is an important driver of the wearable medical device market and is expected to significantly contribute to the double-digit growth of the industry, especially taking into account the global increase in the geriatric population. Specifically, real-time activity and health tracking, remote patient monitoring, the convenience of home healthcare and a booming fitness trend are key factors behind this exponential growth.
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Chapter 1 Introduction
- Scope of Report
- Study Goals and Objectives
- Reasons for Doing This Study
- Information Sources and Methodology
- Geographic Breakdown
- Analyst's Credentials
Technology Background and Factors Affecting the Market
- History of Wearable Technology
- Design and Technical Considerations
- Ergonomics and Wearability
- Interface Design
- Safety and Reliability
- Sensor Design
- Power Consumption and Battery Life
- Data Acquisition
- Feedback
- Privacy and Security
- Integration with Smart Devices
- Market Drivers
- Growing Geriatric Population
Emerging Technologies in Wearable Medical Devices
- Introduction
- Wearable Artificial Pancreas and Kidney
- Smart Clothing
- Smart Glasses
- Sweat-Based Wearable Devices
- Smart Contact Lenses
- Opioid Overdose Detecting Devices
- Wearable Sensors for Parkinson's Disease
- Wearable Skin Sensors for Hydrocephalus
- Using Bio-Silk for Device Fabrication
Report Includes:
- 15 data tables and 16 additional tables
- An overview of the global markets for wearable medical devices
- Analyses of global market trends, with data from 2017 to 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Coverage of how these devices monitor blood sugar, glucose, and chronic diseases like heart diseases, diabetes, and various other parameters and provide local processing, feedbacks and reports, communication capabilities, and easy & timely sensing abilities
- Evaluation of factors, such as the large number of ongoing projects and innovations in the healthcare and electronics sectors, the rising incidences of chronic diseases among all demographics, the growing capabilities, and the ease of use of medical devices
- A look at how the market faces certain drawbacks, such as high costs of devices, issues in reimbursement, and lack of awareness in the developing countries, such as India, Brazil, and Mexico
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