The market Research Future provides detailed analysis of “Global Wearable Medical Device Market Research Report – Forecast to 2027” by type, by indication and by end user.
The Wearable Medical Device Market is expected to reach USD 4 billion in the forecasted period. The market is expected to grow at a CAGR of 26.78%. This growth in the market can be due to various factors such as increasing focus on fitness among individuals and awareness about healthy lifestyle. Furthermore signi8ficant growth in the home healthcare is expected to push up the demand for this segment.
Top key players in the wearable Medical Device market are: Fitbit Inc., Garmin, Vital Connect, Omron Corp., Sotera Wireless, Jawbone, Pebble Technology Corp., Basis Science Inc., Withings, Intelesens Ltd., Covidien Plc, LifeWatch AG, Polar Electro, Philips Electronics, and Everist Genomics.
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The Wearable Medical device market can be segmented on the basis of Application: Sports Fitness, Remote Patient Monitoring, Home Healthcare. On the basis of Product the market can be segmented as: Diagnostic, Therapeutic Device.
Regional Analysis of Wearable Medical Device
Asia Pacific is showing great growth potential in the wearable medical device market in the forecasted period. Increasing awareness among individuals, increasing income and rising fitness and healthcare concern across the globe is resulting in the growth the Wearable Medical Device market. North America and Europe are other significant markets for the market due to technological advancements.
- Western Europe
- Rest of Western Europe
- Eastern Europe
- South Korea
- Rest of Asia
The Middle East& Africa
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