DUBLIN--(BUSINESS WIRE)--The "Growth Opportunities in the Global Wearable Medical Device Market" report has been added to Research and Markets' offering
The global wearable medical device market is expected to reach an estimated $9.4 billion by 2022 and it is forecast to grow at a CAGR of 14.9% from 2017 to 2022.
The future of the global wearable medical device market looks promising with opportunities in home healthcare and remote patient monitoring. The major drivers of growth are increasing awareness and importance of fitness and healthy lifestyle, rising chronic diseases, and technological innovations.
Emerging trends, which have a direct impact on the dynamics of the global wearable medical device market, include the increasing usage of wearable biofeedback devices and increasing adoption of cloud technology for interconnected healthcare devices. Medtronic Plc, Roche Holding AG, and Animas Corporation (Johnson & Johnson) are the major manufacturers of the wearable medical device market.
Wearable medical device market by application [Value ($ million) from 2011 to 2022]:
- Vital Sign Monitoring
- Fetal and Obstetric
- Pain Management Wearables
Wearable medical device market by end use market [Value $ million from 2011 to 2022]
- Remote Patient Monitoring
Wearable medical device market by distribution channel [Value $ million from 2011 to 2022]:
- Pharmacy and Clinics
- Others and Online
Wearable medical device companies profiled in this market report include Medtronic Plc, Roche Holding AG, and Animas Corporation (Johnson & Johnson).
North America is expected to remain the largest as well as the highest growth region due to high disposable income, rising chronic conditions and acceptance of technologically advanced products in this region.
Key Topics Covered:
1. Executive Summary
2. Global Wearable Medical Device Market Dynamics
3. Market Trends and Forecast Analysis from 2011 to 2022
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
- Animas Corporation (Johnson & Johnson)
- Johnson & Johnson
- Koninklijke Philips N.V.
- Medtronic Plc
- Roche Holding AG
- Smiths Medical Inc - Smiths Group Plc
For more information about this report visit https://www.researchandmarkets.com/research/c4kfd6/growth