Wearable medical devices have expanded from hearing aids to heartbeat monitors to pain management and are capable of tracking vital signs (heart rate, sleep, ECG, pulse rate, etc.) and also have an increasing role in athletes training. Medical device wearables tend to target one of the four most prevalent chronic illnesses, such as congestive heart failure, diabetes, hypertension, and chronic obstructive pulmonary disease and further technological developments are expected to enable remote monitoring. The wearable medical devices are designed to be sufficiently accurate and reliable for professional medical care. The devices can improve general health, address physical conditions and/or facilitate medical exams. Wearable devices can track nearly everything, from physical activity to sleep and exposure to sunlight. Their versatility and portability appeal to consumers and make them a consideration for providers that want to cut down on in-person visits and allow physicians to remotely check in on patients.
The global wearable medical devices market report estimates the market size (Revenue US$ million – 2014 to 2021) for key market segments based on diagnostic devices (electroencephalographs, electromyographs, fetal monitors, neuromonitoring devices, obstetric devices, and vital sign monitors), therapeutic devices (glucose monitoring, pain management and respiratory therapy devices), and its applications (home health care, remote patient monitoring, sports and fitness) and forecasts growth trends (CAGR% – 2017 to 2021).
The global wearable medical devices market report also provides the detailed market landscape, market drivers, restraints, opportunities), market attractiveness analysis and profiles of major competitors in the global market including company overview, financial snapshot, key products, technologies and services offered, and recent developments. The global wearable medical devices market research report is divided by geography (regional and country based) into North America (U.S., Canada), Latin America (Brazil, Mexico, Rest of LA), Europe (U.K., Germany, France, Italy, Spain, Rest of EU), Asia Pacific (Japan, China, India, Rest of APAC), and Rest of the World.
Major players operating in the global wearable medical devices market and included in this report are Cleveland Medical Devices, Inc., Corventis, Inc. (Medtronic plc.), Drägerwerk AG & Co. KGaA, Fitbit, Inc., Intelesens Ltd., Koninklijke Philips N.V., LifeWatch AG, Nuubo, OMRON Corporation, Polar Electro, and Zephyr Performance Systems (Medtronic plc.).