• Popular
    • Medicine
    • Radiology
    • Cardiology
    • Surgery
    • Nanomedicine
    • Military Medicine
    • Rehab
  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS
  • Submit PR
  • Log in
Medgadget
Medgadget
  • Popular
    • Medicine
      Etched Nanopillars Kill Bacteria, Fungi on Titanium Implants

      Etched Nanopillars Kill Bacteria, Fungi on Titanium Implants

      Cells Release Insulin in Response to Music

      Cells Release Insulin in Response to Music

      Microneedle Skin Patch Measures Cancer Biomarkers

      Microneedle Skin Patch Measures Cancer Biomarkers

      Enzyme Treatment Strips Mucins from Cancer Cells

      Enzyme Treatment Strips Mucins from Cancer Cells

    • Radiology
      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Portable and Radiation-Free Imaging with Magnetic Nanoparticles

      Portable and Radiation-Free Imaging with Magnetic Nanoparticles

      Imaging Technique Reveals Living Brain Tissue in its Complexity

      Imaging Technique Reveals Living Brain Tissue in its Complexity

      Wearable Ultrasound for Deep Tissue Monitoring

      Wearable Ultrasound for Deep Tissue Monitoring

    • Cardiology
      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      3D Printed Heart Muscle Beats

      3D Printed Heart Muscle Beats

      Wireless Patch Monitors, Paces Heart and then Biodegrades

      Wireless Patch Monitors, Paces Heart and then Biodegrades

      Photonic Radar Monitors Breathing from a Distance

      Photonic Radar Monitors Breathing from a Distance

    • Surgery
      Growth Factor-Loaded Microparticles Enhance 3D Bioprinted Muscle

      Growth Factor-Loaded Microparticles Enhance 3D Bioprinted Muscle

      Highly Precise Pressure Sensor for Laparoscopic or Robotic Surgical Tools

      Highly Precise Pressure Sensor for Laparoscopic or Robotic Surgical Tools

      Magnetic Tentacle Robots for Minimally Invasive Procedures

      Magnetic Tentacle Robots for Minimally Invasive Procedures

      Artificial Muscle Changes Stiffness with Voltage

      Artificial Muscle Changes Stiffness with Voltage

    • Nanomedicine
      Nanorobots Release Reactive Oxygen Species to Kill Fungal Biofilms

      Nanorobots Release Reactive Oxygen Species to Kill Fungal Biofilms

      Bottlebrush Nanoparticles Deliver Immunostimulatory Drugs

      Bottlebrush Nanoparticles Deliver Immunostimulatory Drugs

      Nanoparticles Deliver mRNA Therapy to the Lungs

      Nanoparticles Deliver mRNA Therapy to the Lungs

      Nanoparticles Get Lymphatic Vessels Pumping

      Nanoparticles Get Lymphatic Vessels Pumping

    • Military Medicine
      Wearable Can Take Multiple Sweat Samples

      Wearable Can Take Multiple Sweat Samples

      Wound Dressing Detects Infection, Changes Color

      Wound Dressing Detects Infection, Changes Color

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fingertip Sensor Measures Lithium Levels in Sweat

    • Rehab
      Growth Factor-Loaded Microparticles Enhance 3D Bioprinted Muscle

      Growth Factor-Loaded Microparticles Enhance 3D Bioprinted Muscle

      Brain Computer Interface Decodes Speech and Facial Expressions

      Brain Computer Interface Decodes Speech and Facial Expressions

      Semi-Automated Manufacture of E-Skin Sensors

      Semi-Automated Manufacture of E-Skin Sensors

      Above Elbow Amputee Controls Individual Bionic Fingers

      Above Elbow Amputee Controls Individual Bionic Fingers

  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Log in
  • Submit PR
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS

COVID-19 Impact on Wearable Medical Devices Market Growth, Size Estimation, Future Trends, Share Analysis, Sales Statistics and Key Insights By 2023

May 12th, 2020 Market Research Future Releases

Wearable Medical Devices Market Outlook

The recent COVID-19 pandemic has impact on wearable medical devices market owing to rising influence of telemedicine. People are supposed to avoid public gathering follow Social distancing. This is why doctors are taking the telemedicine route where they can treat patients from a distance without creating a scope for any kind of virus spread. Development of applications to integrate artificial intelligence (AI) in its systems to assist medical personnel as well as the growth of telemedicine has encouraged wearable medical devices market growth.

The Global wearable medical devices market size can balloon to USD 27,200 million by 2023. It was valued at USD 7,859.4 million in 2017. It is predicted to display a 23% CAGR during the forecast period. The utilization of wearables to combat the towering costs of healthcare is the primary driver of the market. These devices have been successful in the management of diseases such as asthma, diabetes, and heart conditions. Other factors driving wearable medical devices market growth are rise of lifestyle diseases, cost-effectiveness of these devices, and rise of connected healthcare mobile applications.

Request Free Sample Copy at:  https://www.marketresearchfuture.com/sample_request/899

Wearable medical devices are electronic devices which record and store health data of patients in order to manage their symptoms or assist them with their daily routines. The focus on fitness and healthy lifestyles has provided these devices a broad industry to explore. Market Research Future (MRFR) has compiled a list of drivers, challenges, and opportunities in the latest iteration of the global Wearable Medical Devices Market report with projections for the period of 2018 to 2023 (forecast period).

The proliferation of smartphones owing to its user-friendly features and convenience has driven the use of wearables. The various metrics such as temperature, heart rate, and others have led to its adoption among physicians and other medical personnel. Healthcare applications have pushed notifications to patients to keep them updated with appointments, medicine intake, and other instructions and lower patient waiting queues.

High prevalence of sedentary diseases has led to the rise of personalized medicine and remote monitoring. These devices can monitor vital metrics without affecting the daily routines of patients. Patients have decided to become aware of their health and measure it with metrics in-built inside the mobile application. But concerns of data security can hamper the wearable medical devices market growth.

Wearable Medical Devices Market Segmentation

The global Wearable Medical Devices Market has been segmented by type, device type, application, and distribution channel.

By type, the market is segmented into smart clothing, activity monitors, smart watches, and patches. Activity monitors held the largest market share in 2017, but the smart clothing segment is expected to register the highest growth rate during the forecast period. Smart clothing can lead to high sales of wearables owing to health enthusiasts using the sensors in wearables to monitor their health.

By device type, it is segmented into diagnostic & monitoring devices and therapeutic devices. The therapeutic devices are likely to garner huge revenues owing to the rise in non-invasive treatment options. Development of pain relief wearables by companies for tackling the epidemic of opioid addiction can drive the segment growth. For instance, the Oska Pulse device by Oska Wellness can alleviate pain levels by using its proprietary Pulsed Electromagnetic Field (PEMF).

By application, it is segmented into remote patient monitoring, sports academies and fitness, and home healthcare.

By distribution channel, it is segmented into hypermarkets, pharmacies, and online channel.

Wearable Medical Devices Market Regional Analysis

The Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA) are major regions covered with respect to the global Wearable Medical Devices Market.

The Americas are purported to lead the market primarily due to customers and patients in the U.S. The large patient pool and management of cardiovascular diseases are main drivers of the regional market. Presence of prominent players as well as regular updates to wearables for upgrading their features and capacities will bode well for the global Wearable Medical Devices Market. On the other hand, the APAC region is likely to showcase a stupendous CAGR during the forecast period.

Browse More Details at: https://www.marketresearchfuture.com/reports/wearable-medical-device-market-899

Wearable Medical Devices Market Competitive Outlook

NIKE INC., Boston Scientific Corporation, LG Electronics Inc., Motorola Solutions Inc., Qualcomm Inc., Omron Corporation, Medtronic PLC, Sony Corporation, Apple Inc., Honeywell International Inc., Fitbit Inc., and Philips are key players of the global poultry vaccines market.

Our team of researchers are studying Impact of Covid19 on healthcare market and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact:

Akash Anand

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

Sign up and submit a press release

Sponsored

Viral Vector Manufacturing in Gene Therapy and Vaccine Development

Health and Clean Air: Why Indoor Ventilation Matters

Health and Clean Air: Why Indoor Ventilation Matters

New Survey Finds Strong Consumer Preference for More Natural Hernia Repair Options

MedTech Outlook 2023 for Latin America Released

MedTech Outlook 2023 for Latin America Released

Packaging Compliance Labs (PCL) Celebrates Site Expansion in Grand Rapids, MI

interviews & reviews
UV-Free Air Decontamination: Interview with Sorel Rothschild, VP at Quantum Innovations

UV-Free Air Decontamination: Interview with Sorel Rothschild, VP at Quantum Innovations

EarliPoint Evaluation System for ASD Diagnosis: Interview with Tom Ressemann, CEO of EarliTec Dx

EarliPoint Evaluation System for ASD Diagnosis: Interview with Tom Ressemann, CEO of EarliTec Dx

Visually Guided Uterine Biopsies in Physician’s Office: Interview with Allison London Brown, CEO of LUMINELLE

Visually Guided Uterine Biopsies in Physician’s Office: Interview with Allison London Brown, CEO of LUMINELLE

AI-Powered Pain Relief: Interview with Claire Smith, VP at Nevro

AI-Powered Pain Relief: Interview with Claire Smith, VP at Nevro

MISHA Knee Shock Absorber: Interview with Anton Clifford, CEO of Moximed

MISHA Knee Shock Absorber: Interview with Anton Clifford, CEO of Moximed

Shelf-Stable Breast Milk Powder: Interview with Dr. Vansh Langer, CEO at BBy

Shelf-Stable Breast Milk Powder: Interview with Dr. Vansh Langer, CEO at BBy

"We Are Electric" by Sally Adee: Medgadget Interviews the Author

"We Are Electric" by Sally Adee: Medgadget Interviews the Author

  • Subscribe
  • Contact us
  • Submit
  • About
  • Back to top
Medgadget

Medical technologies transform the world! Join us and see the progress in real time. At Medgadget, we report the latest technology news, interview leaders in the field, and file dispatches from medical events around the world since 2004.

  • About
  • Editorial policies
  • Contact
  • Terms of Service
  • Privacy
  • Submit press release
  • Advertise
© Medgadget, Inc. All rights reserved. | The Medical Revolution Will Be Blogged.
Please support this website by adding us to your whitelist in your ad blocker. Ads are what helps us bring you premium content! Thank you!
  • Facebook
  • Twitter
  • LinkedIn
  • Reddit
  • Email