Fortune Business Insights offers a detailed overview of the global market in a report, titled “Wearable Medical Devices Market” Size, Share and Industry Analysis by Product (Diagnostic and Patient Monitoring, Therapeutic), By Application (Remote Patient Monitoring and Home Healthcare, Sports and Fitness), By Distribution Channel (Retail Pharmacies, Online Pharmacies, Hypermarkets) and, Regional Forecast 2019-2026.” As per the report, the market was valued at USD 24571.8 Million in 2018 and is anticipated to reach USD 139353.6 Million by 2026. The report offers a comprehensive overview of the market drivers, trends, opportunities, and other aspects of the market.
Key Players Operating in The Wearable Medical Devices Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
Highlights of the Wearable Medical Devices Market Report Include:
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The report focuses on global major leading industry players of market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. This report focuses on Wearable Medical Devices Market Trend, volume and value at global level, regional level and company level. From a global perspective, this report represents overall Wearable Medical Devices Market Size by analysing historical data and future prospect.
With tables and figures helping analyse worldwide Wearable Medical Devices Market Forecast provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Rising Importance on Reducing Patient Hospital Stays to Encourage Growth in Asia Pacific Wearable Medical Devices Market
Considering regions, North America is expected to register high growth in the global wearable devices market during the forecast period. In 2018, the market was valued at USD 10146.3 Million. The evolving patient shift towards remote monitoring from traditional is increasing the adoption of wearable devices in this region. The implementation of favourable regulatory policies for the development of smart and advanced wearable devices is another factor driving the market in this region. This, coupled with the rising adoption of advanced healthcare infrastructure, is expected to enable growth in the market.
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The market in Europe is expected to create immense growth opportunities owing to the rising aging population. This, along with the rising prevalence of chronic diseases, is accelerating the adoption of wearable devices technologies in this region. Apart from North America and Europe, the market in Asia Pacific is expected to register substantial rate rising improvements in technologies.
The rising adoption of smartwatches, activity monitors, pain management devices, and other smart devices witnesses an impressive growth on cards for the market in Asia Pacific. Moreover, increasing focus on reducing patient stays, especially in emerging countries such as India and China is likely to boost the market in this region in the forthcoming years.
Objective of Studies:
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Detailed Table of Content:
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Recent Industry Developments- Partnerships, Mergers, and Acquisitions
4.2. Key Industry Trends
4.3. New Product Launch by Key Players
4.4. Technological advancements in Wearable Medical Devices Market
5. Global Wearable Medical Devices Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast By Product
5.2.1. Diagnostic and Patient Monitoring Wearable Medical Devices
5.2.1.1. Activity Monitors/ Trackers
5.2.1.2. Smartwatches
5.2.1.3. Smart-clothing
5.2.1.4. Others (Biosensors, Blood Pressure Monitors, Glucose Monitoring Systems)
5.2.2. Therapeutic Wearable Medical Devices
5.2.2.1. Wearable Defibrillators
5.2.2.2. Drug Delivery Devices (Injectors, Patches)
5.2.2.3. Pain Management Devices (TENS, EMS)
5.2.2.4. Hearing Aids
5.2.2.5. Others
5.3. Market Analysis, Insights and Forecast By Application
5.3.1. Remote Patient Monitoring
5.3.2. Sports and Fitness
5.3.3. Home Healthcare
5.4. Market Analysis, Insights and Forecast By Distribution Channel
5.4.1. Retail Pharmacies
5.4.2. Online Pharmacies
5.4.3. Hypermarkets
5.5. Market Analysis, Insights and Forecast By Region
5.5.1. North America
5.5.2. Europe
TOC Continued…
This Report Answers the Following Questions:
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