Need help finding what you are looking for?
Contact Us
PUBLISHER: Grand View Research | PRODUCT CODE: 1474853
PUBLISHER: Grand View Research | PRODUCT CODE: 1474853
China Wearable Medical Devices Market Size, Share & Trends Analysis Report By Product (Diagnostic, Therapeutic), By Site, By Grade Type, By Application, By Distribution Channel, And Segment Forecasts, 2024 - 2030
PUBLISHED:
PAGES: 80 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
China Wearable Medical Devices Market Growth & Trends:
The China wearable medical devices market size is anticipated to reach USD 6.28 billion by 2030 and is projected to grow at a CAGR of 28.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Factors such as growing awareness about personal health monitoring, gradual developments in artificial intelligence, and the rising incidence of obesity and chronic illnesses drive the market growth. Instances include continuous glucose monitors (CGM), worn on the body to track blood sugar; electrocardiogram (ECG) patches, which record cardiac information; and wearable blood pressure monitors, which gather patients' variations in blood pressure.
The medical wearables devices market is expanding in China due to the country's aging population and rising healthcare expenditures. Favorable government initiatives and rapidly growing production facilities contribute to the industry's growth. For instance, in December 2021, the China FDA certified Huawei's Watch D as a Class II medical device. As a result, the business can provide the smartwatch with ECG and blood pressure capabilities in China.
Chinese companies have been launching new and innovative wearable medical devices catering to various health needs. For instance, in January 2022, Shenzhen-based manufacturer BBG Group launched a smart insole that can monitor foot pressure and provide real-time feedback to help prevent foot injuries and improve posture.
China Wearable Medical Devices Market Report Highlights:
- Based on product, the diagnostic devices segment led the market with the largest revenue share of 62.14% in 2023. The diagnostic devices segment includes wearable electrocardiogram (ECG) monitors, blood glucose monitors, blood pressure monitors, and other health-tracking devices
- Based on application, the remote patient monitoring segment is expected to grow at the fastest CAGR over the forecast period
- Based on site, the clip/strap/bracelet segment held the market with the largest revenue share of 51.19% in 2023. They track and display real-time heart rate & track daily physical activity, steps taken, calories burned, and sleep patterns
- Based on grade type, the consumer segment held the largest majority share in 2023, due to their user-friendly features and emphasis on tracking personal fitness and health
- In September 2023, Huawei's launch event in Barcelona announced a new era of fashionable, health-focused, and athletic wearables. Huawei aims to transform the wearables market by combining state-of-the-art technology, stylish design, and user-focused health features
Product Code: GVR-4-68040-246-1
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Product
- 1.2.2. Site
- 1.2.3. Application
- 1.2.4. Grade type
- 1.2.5. Distribution channel
- 1.2.6. Estimates and forecasts timeline
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased database
- 1.4.2. GVR's internal database
- 1.4.3. Secondary sources
- 1.4.4. Primary research
- 1.5. Information or Data Analysis
- 1.5.1. Data analysis models
- 1.6. Market Formulation & Validation
- 1.7. Model Details
- 1.7.1. Commodity flow analysis (Model 1)
- 1.7.2. Volume price analysis (Model 2)
- 1.8. List of Secondary Sources
- 1.9. List of Primary Sources
- 1.10. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Product Outlook
- 2.2.2. Site outlook
- 2.2.3. Application outlook
- 2.2.4. Grade type outlook
- 2.2.5. Distribution channel
- 2.3. Competitive Insights
Chapter 3. China Wearable Medical Devices Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.2. Market restraint analysis
- 3.3. China Wearable Medical Devices Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Supplier power
- 3.3.1.2. Buyer power
- 3.3.1.3. Substitution threat
- 3.3.1.4. Threat of new entrant
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Technological landscape
- 3.3.2.3. Economic landscape
- 3.3.1. Industry Analysis - Porter's
Chapter 4. China Wearable Medical Devices Market: Product Estimates & Trend Analysis
- 4.1. Product Market Share, 2023 & 2030
- 4.2. Segment Dashboard
- 4.3. China Wearable Medical Devices Market by Product Outlook
- 4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 4.4.1. Diagnostic Devices
- 4.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.2. Therapeutic Devices
- 4.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.4.1. Diagnostic Devices
Chapter 5. China Wearable Medical Devices Market: Site Estimates & Trend Analysis
- 5.1. Site Market Share, 2023 & 2030
- 5.2. Segment Dashboard
- 5.3. China Wearable Medical Devices Market by Site Outlook
- 5.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 5.4.1. Handheld
- 5.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.2. Headband
- 5.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.3. Clip/Strap/Bracelet
- 5.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.4. Shoe Sensors
- 5.4.4.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.5. Others
- 5.4.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.1. Handheld
Chapter 6. China Wearable Medical Devices Market: Application Estimates & Trend Analysis
- 6.1. Application Market Share, 2023 & 2030
- 6.2. Segment Dashboard
- 6.3. China Wearable Medical Devices Market by Application Outlook
- 6.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 6.4.1. Sports & Fitness
- 6.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.2. Remote Patient Monitoring
- 6.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.3. Home Healthcare
- 6.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 6.4.1. Sports & Fitness
Chapter 7. China Wearable Medical Devices Market: Grade Type Estimates & Trend Analysis
- 7.1. Grade Type Market Share, 2023 & 2030
- 7.2. Segment Dashboard
- 7.3. China Wearable Medical Devices Market by Grade Type Outlook
- 7.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 7.4.1. Consumer-grade Wearable Medical Devices
- 7.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 7.4.2. Clinical Wearable Medical Devices
- 7.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 7.4.1. Consumer-grade Wearable Medical Devices
Chapter 8. China Wearable Medical Devices Market: Distribution Channel Estimates & Trend Analysis
- 8.1. Distribution Channel Market Share, 2023 & 2030
- 8.2. Segment Dashboard
- 8.3. China Wearable Medical Devices Market by Distribution Channel Outlook
- 8.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 8.4.1. Pharmacy
- 8.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 8.4.2. Online Channels
- 8.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 8.4.3. Hypermarkets
- 8.4.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 8.4.1. Pharmacy
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis By Key Market Participants
- 9.2. Company/Competition Categorization
- 9.3. Vendor Landscape
- 9.3.1. List of key distributors and channel partners
- 9.3.2. Key customers
- 9.3.3. Key company market share analysis, 2023
- 9.4. Company Profiles
- 9.4.1. CONTEC Medical Systems Co. Ltd
- 9.4.1.1. Company overview
- 9.4.1.2. Financial performance
- 9.4.1.3. Product benchmarking
- 9.4.1.4. Strategic initiatives
- 9.4.2. Huawei Corporation
- 9.4.2.1. Company overview
- 9.4.2.2. Financial performance
- 9.4.2.3. Product benchmarking
- 9.4.2.4. Strategic initiatives
- 9.4.3. Tencent Holdings Ltd
- 9.4.3.1. Company overview
- 9.4.3.2. Financial performance
- 9.4.3.3. Product benchmarking
- 9.4.3.4. Strategic initiatives
- 9.4.4. Cyrcadia Asia Limited
- 9.4.4.1. Company overview
- 9.4.4.2. Financial performance
- 9.4.4.3. Product benchmarking
- 9.4.4.4. Strategic initiatives
- 9.4.5. Wuhan UN-medical Technology Co. Ltd
- 9.4.5.1. Company overview
- 9.4.5.2. Financial performance
- 9.4.5.3. Product benchmarking
- 9.4.5.4. Strategic initiatives
- 9.4.6. Xiaomi Technologies
- 9.4.6.1. Company overview
- 9.4.6.2. Financial performance
- 9.4.6.3. Product benchmarking
- 9.4.6.4. Strategic initiatives
- 9.4.7. Omron Corporation
- 9.4.7.1. Company overview
- 9.4.7.2. Financial performance
- 9.4.7.3. Product benchmarking
- 9.4.7.4. Strategic initiatives
- 9.4.8. Abbott Laboratories Shanghai Co. Ltd
- 9.4.8.1. Company overview
- 9.4.8.2. Financial performance
- 9.4.8.3. Product benchmarking
- 9.4.8.4. Strategic initiatives
- 9.4.9. Medtronic
- 9.4.9.1. Company overview
- 9.4.9.2. Financial performance
- 9.4.9.3. Product benchmarking
- 9.4.9.4. Strategic initiatives
- 9.4.10. Apple, Inc
- 9.4.10.1. Company overview
- 9.4.10.2. Financial performance
- 9.4.10.3. Product benchmarking
- 9.4.10.4. Strategic initiatives
- 9.4.1. CONTEC Medical Systems Co. Ltd
Product Code: GVR-4-68040-246-1
List of Tables
- Table 1 List of abbreviations
- Table 2 China wearable medical devices market, by product, 2018 - 2030 (USD Million)
- Table 3 China wearable medical devices market, by diagnostic devices type, 2018 - 2030 (USD Million)
- Table 4 China wearable medical devices market, by vital sign monitoring device type, 2018 - 2030 (USD Million)
- Table 5 China wearable medical devices market, by sleep monitoring device type, 2018 - 2030 (USD Million)
- Table 6 China wearable medical devices market, by neuromonitoring device type, 2018 - 2030 (USD Million)
- Table 7 China wearable medical devices market, by therapeutic device type, 2018 - 2030 (USD Million)
- Table 8 China wearable medical devices market, by pain management device type, 2018 - 2030 (USD Million)
- Table 9 China wearable medical devices market, by insulin management device type, 2018 - 2030 (USD Million)
- Table 10 China wearable medical devices market, by other insulin management devices type, 2018 - 2030 (USD Million)
- Table 11 China wearable medical devices market, by rehabilitation device type, 2018 - 2030 (USD Million)
- Table 12 China wearable medical devices market, by respiratory therapy device type, 2018 - 2030 (USD Million)
- Table 13 China wearable medical devices market, by other insulin management devices type, 2018 - 2030 (USD Million)
- Table 14 China wearable medical devices market, by site, 2018 - 2030 (USD Million)
- Table 15 China wearable medical devices market, by Application, 2018 - 2030 (USD Million)
- Table 16 China wearable medical devices market, by grade type, 2018 - 2030 (USD Million)
- Table 17 China wearable medical devices market, by distribution channel, 2018 - 2030 (USD Million)
List of Figures
- Fig. 1 Market research process
- Fig. 2 Data triangulation techniques
- Fig. 3 Primary research pattern
- Fig. 4 Primary Interviews in China
- Fig. 5 Market research approaches
- Fig. 6 Value-chain-based sizing & forecasting
- Fig. 7 QFD modeling for market share assessment
- Fig. 8 Market formulation & validation
- Fig. 9 China Wearable Medical Devices Market: Market Outlook
- Fig. 10 Wearable Devices competitive insights
- Fig. 11 Parent market outlook
- Fig. 12 Related/ancillary market outlook
- Fig. 13 Penetration and growth prospect mapping
- Fig. 14 China Wearable Medical Devices Market Driver Impact
- Fig. 15 China wearable medical devices market restraint impact
- Fig. 16 China Wearable Medical Devices Market Strategic Initiatives Analysis
- Fig. 17 China wearable medical devices market: Product movement analysis
- Fig. 18 China wearable medical devices market: Site outlook and key takeaways
- Fig. 19 Diagnostic devices market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 20 Therapeutic devices estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 21 China wearable medical devices market: Site movement Analysis
- Fig. 22 China Wearable Medical Devices Market: Site outlook and key takeaways
- Fig. 23 Handheld market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Headband market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 25 Clip/strap/bracelet market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 26 Shoe sensors market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 27 Others market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 28 China wearable medical devices market: Application movement analysis
- Fig. 29 China wearable medical devices market: Application Outlook and Key Takeaways
- Fig. 30 Sports & fitness market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 31 Remote patient monitoring market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 32 Home Healthcare market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 33 China wearable medical devices market: grade type outlook and key takeaways
- Fig. 34 Consumer grade wearable medical devices market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 35 Clinical wearable medical devices market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 36 China wearable medical devices market: Distribution Channel Outlook and key takeaways
- Fig. 37 Pharmacies market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 38 Online channel market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 39 Hypermarkets market estimates and forecasts, 2018 - 2030 (USD Million)
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.