DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "World Wearable Medical Devices (Home Healthcare) Market - Opportunities and Forecasts, 2014 - 2022" report to their offering.
Wearable medical devices are handheld monitoring tools used in identification and monitoring of disease. Due to the increase in chronic diseases, patients are opting for home healthcare as a cost-effective and efficient way of treatment, rather than hospital services. The medical device market accounted for $240 billion in 2013. However, the increase in incidence of chronic diseases restricts the growth of the wearable medical device market. Neurological diseases in people have increased to 7.2% in urban areas, causing hurdles for monitoring through wearable medical devices.
Wearable medical devices are facing challenges in providing cost-effective monitoring to patients suffering from chronic diseases such as cancer and other blood diseases. This report focuses on different segments, current trends available in the market and provides forecasted intelligence about future market growth. The forecasted market growth in this report is from 2013-2020.
Key players in this market include: Nuubo, Omron Corporation, Zephyr Technology Corporation, Basis Science, Inc., Corventis, Inc., LifeWatch AG, Polar Electro, Withings, Intelesens Ltd., Fitbit, Inc.
Scope of the Report:
- Pain management devices
- Glucose monitoring devices
- Respiratory therapy devices
- Home healthcare
- Remote patient monitoring
- Sports and fitness
- North America
For more information about this report visit http://www.researchandmarkets.com/research/pd6rnk/world_wearable.