A new market study, titled “Global Diagnostic Wearable Medical Devices Market Research Report 2019” has been featured on WiseGuyReports.
Diagnostic wearable medical devices are used to monitor, control, and track an individual’s vital signs at regular intervals. These devices are connected to an individual’s body for the measurement of certain physiological information. They are available in the form of eyeglasses, watch, clothing, jewelry, and contact lenses. Diagnostic wearable medical devices monitor physiological data through remote or wireless communication and transmit this information to medical professionals or the user. These are autonomous, non-invasive devices that help assess specific medical functions such as blood pressure, body temperature, respiratory rate, glucose quantity, heart rate, and blood oxygen saturation. These devices also help determine parameters such as the heart rate, muscle activity, and calories burned during exercise and activities such as walking and jogging.
The miniaturization of diagnostic wearables is one of the emerging trends spurring the growth prospects of this market during the predicted period. There has been an increasing focus on the development of smaller, more reliable, and more energy-efficient devices compared to the previous generations of wearables. For instance, a new ingestible tablet embedded with a sensor the size of a grain of salt was developed recently. This sensor is coupled with a wearable transmitter to monitor the physiological conditions and the intake of medications. Moreover, the miniaturization of wearable health devices is anticipated to have a positive impact on the rapidly growing IoT market. The advances in the IoT technology will enable future health systems to use wearables to establish connections and come up with standard solutions for diverse medical conditions.
The global diagnostic wearable medical devices market is anticipated to grow substantially during the forecast period and is characterized by the presence of several well-established global and regional players. However, as the global vendors are increasing their presence, the local vendors are finding it increasingly difficult to stay ahead in the competition. Players in the market are constantly looking for ways to enhance their market presence by focusing on the implementation of various new models and M&A.
In terms of geography, the Americas led the global diagnostic wearable medical devices market and is expected to reach close to USD 2 billion by 2020. Factors such as the emergence of new and technologically advanced wearable health devices such as smartwatches, glasses, smart clothes, and wristbands will aid in this market segment’s growth over the next four years. Moreover, the increasing awareness of chronic diseases that require continuous monitoring such as diabetes, CVDs, and obesity will drive this sector’s growth until the end of 2020.
The global Diagnostic Wearable Medical Devices market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Diagnostic Wearable Medical Devices volume and value at global level, regional level and company level. From a global perspective, this report represents overall Diagnostic Wearable Medical Devices market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Cleveland Medical Device
Segment by Regions
Segment by Type
Vital signs monitor
Sleep and activity monitor
Fetal and obstetric monitoring market
Segment by Application
Sports and fitness
Remote patient monitoring
Table of Contents
1 Diagnostic Wearable Medical Devices Market Overview
2 Global Diagnostic Wearable Medical Devices Market Competition by Manufacturers
3 Global Diagnostic Wearable Medical Devices Production Market Share by Regions
4 Global Diagnostic Wearable Medical Devices Consumption by Regions
5 Global Diagnostic Wearable Medical Devices Production, Revenue, Price Trend by Type
6 Global Diagnostic Wearable Medical Devices Market Analysis by Applications
7 Company Profiles and Key Figures in Diagnostic Wearable Medical Devices Business
8 Diagnostic Wearable Medical Devices Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Diagnostic Wearable Medical Devices Market Forecast
12 Research Findings and Conclusion
13 Methodology and Data Source
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