Wearable Medical Devices Market Analysis as per the Latest COVID-19 Impact New York, June 10, 2020: Market Research Engine has published a new report titled as “Wearable Medical Devices Market Size by Application (Remote Patient Monitoring, Home Healthcare, Sports & Fitness), By Device Type (Therapeutic Devices, Diagnostic & Monitoring Devices), By Distribution Channel (Online Channel, Hypermarkets, Pharmacies), By Type (Smartwatches, Smart Clothing, Patches, Activity Monitors), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2020-2025”. FYI, You will get latest updated report as per the COVID-19 Impact on this industry. Our updated reports will now feature detailed analysis that will help you make critical decisions. Browse Full Report from Here: https://www.marketresearchengine.com/wearable-medical-
devices-market-report
The Global Wearable Medical Devices Market is expected to grow by 2025 at a CAGR of 19.94%. Wearable medical devices are monitoring devices for of patients which may be wont to continuously track a patient’s health condition remotely. The increasing frequency of lifestyle diseases like diabetic, hypertension and obesity are growing the demand for wearable medical devices which monitor the medical issues and store the info within the product and forward an equivalent data to the physicians which may be wont to analyze and monitor the patient’s health on endless basis. Rising awareness initiatives and execution of fitness programs globally, especially in developing nations will accelerate the adoption of wearable medical devices to manage physical activities. Rising customer preference for fitness wearables, majorly among the youth will aid in market development. Additionally, rising obese population, resulting in greater adoption of physical activities, will strengthen the demand for wearable medical devices like Fitbit and smart watches within the upcoming period. Technological advancements within these devices will augment the market demand in the future years. Instantaneous and precise delivery of results including conspicuous nature of those devices thanks to advancements, escalate the customer preference and adoption rate of such devices. The Xiaomi Mi Band 4 offers enhanced display alongside better fitness tracking features and is out there at a comparatively lesser cost. Thus, innovations resulting in superior product characteristics and cost-effectivity will spur global market expansion. However, threats including data hacking and theft that hampers personal data security will act as a barrier for wearable medical devices industry development over the forecast years. Also, owing to the sedentary lifestyle, the incidence and prevalence of lifestyle-associated disorders, like diabetes and hypertension, is projected to extend over the forecast period. a number of these diseases demand continuous monitoring of several physiological parameters, as an example, blood glucose and vital sign levels. this enables amalgamation of healthcare data with portable devices, and this will be forwarded to physicians soon have real-time access to data and minimize errors, thus boosting the demand for wearable medical devices. The rising deathrate owing to non-communicable diseases is that the major reason of concern demanding more specialise in personalized monitoring and care. this is often ultimately anticipated to further increase the merchandise demand.
The global Wearable Medical Devices market is segregated on the basis of Application as Remote Patient Monitoring, Home Healthcare, and Sports & Fitness. Based on Device Type the global Wearable Medical Devices market is segmented in Therapeutic Devices and Diagnostic & Monitoring Devices. Based on Distribution Channel the global Wearable Medical Devices market is segmented in Online Channel, Hypermarkets, and Pharmacies. Based on Type, the global Wearable Medical Devices market is segmented in Smartwatches, Smart Clothing, Patches, and Activity Monitors. The global Wearable Medical Devices market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Wearable Medical Devices market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others. Competitive Rivalry Activeinsights, Vitalconnect, Xiaomi, Misfit, Monica Healthcare, Fitbit, Philips, Garmin, Lifewatch, Omron, and others are among the major players in the global Wearable Medical Devices market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain. The Wearable Medical Devices Market has been segmented as below: Wearable Medical Devices Market, By Application
Remote Patient Monitoring Home Healthcare Sports & Fitness
Wearable Medical Devices Market, By Device Type
Therapeutic Devices Diagnostic & Monitoring Devices
Wearable Medical Devices Market, By Distribution Channel
Online Channel Hypermarkets Pharmacies
Wearable Medical Devices Market, By Type
Smartwatches Smart Clothing
Patches Activity Monitors
Wearable Medical Devices Market, By Region
North America Europe Asia-Pacific Rest of the World
Wearable Medical Devices Market, By Company
Activeinsights Vitalconnect Xiaomi Misfit Monica Healthcare Fitbit Philips Garmin Lifewatch Omron Drägerwerk Nokia Technologies Jawbone Polar Electro World Global Network
The report covers:
Global Wearable Medical Devices market sizes from 2015 to 2024, along with CAGR for 2018-2024 Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024 Global Wearable Medical Devices market trends, covering comprehensive range of consumer trends & manufacturer trends Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Wearable Medical Devices market Major market opportunities and challenges in forecast timeframe to be focused Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management Comprehensive company profiles of the key industry players
Report Scope:
The global Wearable Medical Devices market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Wearable Medical Devices market share. Major industry players with significant revenue share include Activeinsights, Vitalconnect, Xiaomi, Misfit, Monica Healthcare, Fitbit, Philips, Garmin, Lifewatch, Omron, and others.
Reasons to Buy this Report:
Gain detailed insights on the Wearable Medical Devices industry trends Find complete analysis on the market status Identify the Wearable Medical Devices market opportunities and growth segments Analyse competitive dynamics by evaluating business segments & product portfolios Facilitate strategy planning and industry dynamics to enhance decision making
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medical-devices-market-report Table of Contents
1. Introduction 1.1 Key Insights 1.2 Report Overview 1.3 Markets Covered 1.4 Stakeholders 2. Research Methodology 2.1 Research Scope 2.2 Market Research Process 2.3 Research Data Analysis 2.4.1 Secondary Research 2.4.2 Primary Research 2.4.3 Models for Estimation 2.5 Market Size Estimation 2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis 3. Executive Summary 4. Market Overview 4.1 Introduction 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.2.4 Challenges 4.2 Porter's Five Force Analysis 5. Wearable Medical Devices Market, By Application 5.1 Introduction 5.2 Remote Patient Monitoring 5.2.1 Market Overview 5.2.2 Market Size and Forecast 5.3 Home Healthcare 5.3.1 Market Overview 5.3.2 Market Size and Forecast 5.4 Sports & Fitness 5.4.1 Market Overview 5.4.2 Market Size and Forecast 6. Wearable Medical Devices Market, By Device Type 6.1 Introduction 6.2 Therapeutic Devices 6.2.1 Market Overview 6.2.2 Market Size and Forecast 6.3 Diagnostic & Monitoring Devices 6.3.1 Market Overview 6.3.2 Market Size and Forecast 7. Wearable Medical Devices Market, By Distribution Channel 7.1 Introduction 7.2 Online Channel 7.2.1 Market Overview 7.2.2 Market Size and Forecast 7.3 Hypermarkets 7.3.1 Market Overview 7.3.2 Market Size and Forecast 7.4 Pharmacies 7.4.1 Market Overview 7.4.2 Market Size and Forecast 8. Wearable Medical Devices Market, By Type 8.1 Introduction 8.2 Smartwatches
8.2.1 Market Overview 8.2.2 Market Size and Forecast 8.3 Smart Clothing 8.3.1 Market Overview 8.3.2 Market Size and Forecast 8.4 Patches 8.4.1 Market Overview 8.4.2 Market Size and Forecast 8.5 Activity Monitors 8.5.1 Market Overview 8.5.2 Market Size and Forecast 9. Wearable Medical Devices Market, By Geography 9.1 Introduction 9.2 North America 9.2.1 North America Wearable Medical Devices, By Application 9.2.2 North America Wearable Medical Devices, By Device Type 9.2.3 North America Wearable Medical Devices, By Distribution Channel 9.2.4 North America Wearable Medical Devices, By Type 9.3 Europe 9.3.1 Europe Wearable Medical Devices, By Application 9.3.2 Europe Wearable Medical Devices, By Device Type 9.3.3 Europe Wearable Medical Devices, By Distribution Channel 9.3.4 Europe Wearable Medical Devices, By Type 9.4 Asia-Pacific 9.4.1 Asia-Pacific Wearable Medical Devices, By Application 9.4.2 Asia-Pacific Wearable Medical Devices, By Device Type 9.4.3 Asia-Pacific Wearable Medical Devices, By Distribution Channel 9.4.4 Asia-Pacific Wearable Medical Devices, By Type 9.5 Rest of the World 9.5.1 Rest of the World Wearable Medical Devices, By Application 9.5.2 Rest of the World Wearable Medical Devices, By Device Type 9.5.3 Rest of the World Wearable Medical Devices, By Distribution Channel 9.5.4 Rest of the World Wearable Medical Devices, By Type 10. Competitive Insights 10.1 Key Insights 10.2 Company Market Share Analysis 10.3 Strategic Outlook 10.3.1 Mergers & Acquisitions 10.3.2 New Product Development 10.3.3 Portfolio/Production Capacity Expansions 10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements 10.3.5 Others
11. Company Profiles 11.1 Activeinsights 11.1.1 Company Overview 11.1.2 Product/Service Landscape 11.1.3 Financial Overview 11.1.4 Recent Developments 11.2 Vitalconnect 11.2.1 Company Overview 11.2.2 Product/Service Landscape 11.2.3 Financial Overview 11.2.4 Recent Developments 11.3 Xiaomi 11.3.1 Company Overview 11.3.2 Product/Service Landscape 11.3.3 Financial Overview 11.3.4 Recent Developments 11.4 Misfit 11.4.1 Company Overview 11.4.2 Product/Service Landscape 11.4.3 Financial Overview 11.4.4 Recent Developments 11.5 Monica Healthcare 11.5.1 Company Overview 11.5.2 Product/Service Landscape 11.5.3 Financial Overview 11.5.4 Recent Developments 11.6 Fitbit 11.6.1 Company Overview 11.6.2 Product/Service Landscape 11.6.3 Financial Overview 11.6.4 Recent Developments 11.7 Philips 11.7.1 Company Overview 11.7.2 Product/Service Landscape 11.7.3 Financial Overview 11.7.4 Recent Developments 11.8 Garmin 11.8.1 Company Overview 11.8.2 Product/Service Landscape 11.8.3 Financial Overview 11.8.4 Recent Developments 11.9 Lifewatch
11.9.1 Company Overview 11.9.2 Product/Service Landscape 11.9.3 Financial Overview 11.9.4 Recent Developments 11.10 Omron 11.10.1 Company Overview 11.10.2 Product/Service Landscape 11.10.3 Financial Overview 11.10.4 Recent Developments 11.11 Drägerwerk 11.11.1 Company Overview 11.11.2 Product/Service Landscape 11.11.3 Financial Overview 11.11.4 Recent Developments 11.12 Nokia Technologies 11.12.1 Company Overview 11.12.2 Product/Service Landscape 11.12.3 Financial Overview 11.12.4 Recent Developments 11.13 Jawbone 11.13.1 Company Overview 11.13.2 Product/Service Landscape 11.13.3 Financial Overview 11.13.4 Recent Developments 11.14 Polar Electro 11.14.1 Company Overview 11.14.2 Product/Service Landscape 11.14.3 Financial Overview 11.14.4 Recent Developments 11.15 World Global Network 11.15.1 Company Overview 11.15.2 Product/Service Landscape 11.15.3 Financial Overview 11.15.4 Recent Developments Other Related Market Research Reports:
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