DUBLIN--(BUSINESS WIRE)--The "Global Wearable Medical Devices Market Analysis 2019" report has been added to ResearchAndMarkets.com's offering.
The Global Wearable Medical Devices market is expected to reach $31.62 billion by 2026 growing at a CAGR of 19.8% during the forecast period.
The demand for wearable medical devices and remote patient monitoring are continuously increasing in the global market, where technological advancements, innovations, and rising disposable income, along with healthcare expenditure and better healthcare management using medical devices are among the major drivers.
Some of the driving factors of the market are technological advancements in wearable medical devices and increasing penetration of smartphones and the growing number of smartphone-based healthcare apps compatible with wearable devices. However, the high cost of wearable devices and lack of reimbursement is restraining the market.
Based on the application, the fitness monitoring segment is estimated to have a lucrative growth due to the increasing focus on physical fitness among people to improve the quality of life, coupled with the growing trend of tracking health progress.
The key vendors mentioned are AiQ Smart Clothing, Apple Inc., BD, Drgerwerk, Fitbit, Garmin, Hologic Inc., Jawbone, Lifewatch, Misfit, Monica Healthcare, NeuroMetrix, Inc., Nokia Technologies, Omron, Philips, Polar Electro, Samsung, Siemens Healthcare GmbH, Sonova, and Vital Connect.
Key Questions Answered in this Report
- How this market evolved since the year 2016
- Market size estimations, forecasts and CAGR for all the segments presented in the scope
- Key Market Developments and financials of the key players
- Opportunity Analysis for the new entrants
- SWOT Analysis of the key players
- Fastest growing markets analyzed during the forecast period
Key Topics Covered
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Wearable Medical Devices Market, By Device
5.1 Introduction
5.2 Glucose Monitoring Devices
5.3 Pain Management Devices
5.4 Respiratory Therapy Devices
6 Global Wearable Medical Devices Market, By Product
6.1 Introduction
6.2 Diagnostic & Monitoring Devices
6.3 Neuro-Monitoring Device
6.4 Therapeutic Devices
6.5 Wearable Fetal Monitor and Obstetric Device
6.6 Wearable Vital Sign Monitor
7 Global Wearable Medical Devices Market, By Type
7.1 Introduction
7.2 Activity/Fitness Monitors
7.3 Blood Glucose Monitors
7.4 Body and Temperature Monitors
7.5 Cardiac Monitors
7.6 Ear Wear
7.7 Hearing Aids
7.8 Neurological Monitors
7.9 Patches
7.10 Respiratory Monitors
7.11 Smart Clothing
7.12 Smart Watch
7.13 Wristband
7.14 Other Types
8 Global Wearable Medical Devices Market, By Site
8.1 Introduction
8.2 Handheld
8.3 Headband
8.4 Shoe Sensors
8.5 Strap/Clip/Bracelet
8.6 Other Sites
9 Global Wearable Medical Devices Market, By Distribution Channel
9.1 Introduction
9.2 Hypermarkets
9.3 Online Pharmacies
9.4 Retail Pharmacies
10 Global Wearable Medical Devices Market, By Trackers
10.1 Introduction
10.2 Activity Trackers
10.3 Fitness Trackers
10.4 Sports Trackers
10.5 Other Trackers
11 Global Wearable Medical Devices Market, By Application
11.1 Introduction
11.2 Cardiac Health
11.3 Diabetes Care
11.4 Obesity Control
11.5 Sleep Tracking
12 Global Wearable Medical Devices Market, By End User
12.1 Introduction
12.2 Home Healthcare
12.3 Hospitals and Clinics
12.4 Remote Patient Monitoring
12.5 Sports Academies and Fitness
12.6 Ambulatory Surgical Centers
13 Global Wearable Medical Devices Market, By Geography
13.1 North America
13.2 Europe
13.3 Asia Pacific
13.4 South America
13.5 Middle East & Africa
14 Strategic Benchmarking
15 Vendors Landscape
15.1 AiQ Smart Clothing
15.2 Apple Inc.
15.3 BD
15.4 Drgerwerk
15.5 Fitbit
15.6 Garmin
15.7 Hologic Inc.
15.8 Jawbone
15.9 Lifewatch
15.10 Misfit
15.11 Monica Healthcare
15.12 NeuroMetrix Inc.
15.13 Nokia Technologies
15.14 Omron
15.15 Philips
15.16 Polar Electro
15.17 Samsung
15.18 Siemens Healthcare GmbH
15.19 Sonova
15.20 Vital Connect
For more information about this report visit https://www.researchandmarkets.com/r/6i43d0