Wearable Medical Devices Market, by Product Type ( Wearable Monitoring and Diagnostic Devices, by Application, by End user and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022

Description

Wearable medical devices consist of sensors attached to the body, which detects and monitor changes in different parts of body and organ. Increase in awareness and health facilities and advancement in technology and innovation in the devices are some of the factors propelling the wearable medical devices market growth. Smart watch, wristband, and smartphones are some of the wearable medical devices which are targeted by the companies. This is owing to factors such as their high demand and user friendly approach, and it also reduces hospital-based expenditure. In near future medical technology is expected to play a major role in healthcare services. These wearable medical devices help pharmaceutical companies in conducting valuable clinical trials. Wearable medical devices can also help in detection of early symptoms of some diseases .Wearable medical devices are available in wide range with different functions such as alerting mechanism, real-time feedback, and wireless data transmission.

Market Dynamics

Increasing number of product launches of medical devices is expected to drive the market growth over the forecast period. For instance, on August 11, 2022, Oticon, a hearing aid manufacturer launched 'the Power of the Groundbreaking Polaris Platform' to its new custom hearing range designed to provide optimum comfort. This small in the ear design is invisible to 9 out of 10 users, this has been made possible through advanced miniaturization technique. This new hearing aid comes with customized fitting and can be fitted to level 90. More users can really choose to have an in-the-ear (ITE) style due to the smaller shape, which allows experts to accommodate more ears.

Key features of the study:

This report provides an in-depth analysis of the global wearable medical devices market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global wearable medical devices market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Current Health, Sorrel Medical, Willow, Aeroflow Breastpumps, Medtronic plc, Hoffmann-La Roche Ltd., Koninklijke Philips N.V., Smiths Medical, Johnson and Johnson, Siemens AG, Fitbit Inc., Sonova, Panasonic Corporation, Fitbit, Garmin International, Lifewatch AG, Apple Inc. Omron Corporation, Xiaomi Inc., Huawei Technologies Co. Ltd., Dragerwerk AG, Nokia Technologie,s Nymi Inc., Noise, Zepp Health Corporation, Fastrack, SAMSUNG, Wearable X, Ambiotex, Komodo Technologies, Carre Technologies Inc., Siren.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global wearable medical devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global wearable medical devices market

Detailed Segmentation:

Global Wearable Medical Devices Market, By Product Type:
- Wearable Therapeutic Medical Devices
  - Hearing Aids
  - Insulin Pump
  - Respiratory Therapy Devices
- Sleep Apnea Devices
- Non-invasive Ventilation Devices
- Wearable Monitoring and Diagnostic Devices
  - Fetal and Obstetric Devices
  - Continuous Glucose Monitoring Devices
  - Cardiac Monitoring Devices
- Wearable Heart Rate Monitors
- Wearable Pulse Oximeter
- Wearable Blood Pressure Monitor
- Health and Fitness Devices
Global Wearable Medical Devices Market, By Application:
- Patient Monitoring
- Health & Fitness
- Home Healthcare
Global Wearable Medical Devices Market, By End User
- Clinics
- Hospital Pharmacies
- Online Channels
- Hypermarkets
- Individuals
Global Wearable Medical Devices Market, By Region:
- North America
  - By Country
- U.S.
- Canada
- Latin America
  - By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
  - By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
  - By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
  - By Country
- GCC
- Israel
- Rest of Middle East
- Africa
  - By Region/Country
- South Africa
- Central Africa
- North Africa
Company Profiles
- Current Health*
  - Company Highlights
  - Products Portfolio
  - Key Highlights
  - Financial Performance
  - Strategies
- Sorrel Medical
- Willow
- Aeroflow Breastpumps
- Medtronic plc
- Hoffmann-La Roche Ltd.
- Koninklijke Philips N.V.
- Smiths Medical
- Johnson and Johnson
- Siemens AG
- Fitbit Inc.
- Sonova
- Panasonic Corporation
- Garmin International
- Lifewatch AG
- Apple Inc.
- Omron Corporation
- Xiaomi Inc.
- Huawei Technologies Co. Ltd.
- Dragerwerk AG
- Nokia Technologie,s
- Nymi Inc.
- Noise
- Zepp Health Corporation
- Fastrack
- SAMSUNG
- Wearable X
- Ambiotex
- Komodo Technologies
- Carre Technologies Inc.
- Siren

"*" marked represents similar segmentation in other categories in the respective section.

Product Code: CMI841

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Application
- Market Snapshot, By End User
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Impact Analysis
Market Trends
Recent Developments
Acquisitions and Partnerships Scenario
Technology Overview
Regulatory Scenario
Pipeline Analysis
PEST Analysis

4. Global Wearable Medical Devices Market - Impact of Coronavirus (Covid-19) Pandemic

Overall Impact
Impact on Supply and Demand
COVID-19 Impact on the market

5. Global Wearable Medical Devices Market, By Product Type, 2017 - 2030, (US$ Million)

Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Wearable Therapeutic Medical Devices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
- Segment Trends
Hearing Aids
Insulin Pump
Respiratory Therapy Devices
Sleep Apnea Devices
Non-invasive Ventilation Devices
Wearable Monitoring and Diagnostic Devices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
- Segment Trends
Fetal and Obstetric Devices
Continuous Glucose Monitoring Devices
Cardiac Monitoring Devices
- Wearable Heart Rate Monitors
- Wearable Pulse Oximeters
- Wearable Blood Pressure Monitor
Health and Fitness Devices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
- Segment Trends

6. Global Wearable Medical Devices Market, By Application, 2017 - 2030, (US$ Million)

Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Patient Monitoring
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Health & Fitness
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
Home Healthcare
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)

7. Global Wearable Medical Devices Market, By End User, 2017 - 2030 (US$ Mn)

Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017-2030
- Segment Trends
Clinics
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
Hospital Pharmacies
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
Online Channels
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
Hypermarkets
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
Individuals
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)

8. Global Wearable Medical Devices Market , By Region, 2017 - 2030, (US$ Million)

Overview
- Market Share Analysis, By Region, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2017-2030
- Regional Trends
North America
- Overview
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Million)
U.S.
Canada
Latin America
- Overview
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Million)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
- Overview
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Million)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Overview
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Million)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
- Overview
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 - 2030, (US$ Million)
GCC
Israel
Rest of Middle East
Africa
- Overview
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2017 - 2030, (US$ Million)
North Africa
Central Africa
South Africa

9. Competitive Landscape

Current Health
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
Sorrel Medical
Willow
Aeroflow Breastpumps
Medtronic plc
F. Hoffmann-La Roche Ltd
Koninklijke Philips N.V.
Smiths Medical
Johnson and Johnson
Siemens AG
Fitbit Inc.
Sonova
Panasonic Corporation
Garmin International
Lifewatch AG
Apple Inc
Omron Corporation
Xiaomi Inc.
Huawei Technologies Co. Ltd.
Dragerwerk AG
Nokia Technologies
Noise
Fastrack
SAMSUNG
Wearable X
Ambiotex
Komodo Technologies
Carre Technologies Inc.
Siren
Zepp Health Corporation
Nymi, Inc.

10. Section

Research Methodology
About Us

Wearable Medical Devices Market, by Product Type ( Wearable Monitoring and Diagnostic Devices, by Application, by End user and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030