PUBLISHER: Persistence Market Research | PRODUCT CODE: 1220981
PUBLISHER: Persistence Market Research | PRODUCT CODE: 1220981
Increasing numbers of lifestyle disorders to drive the market medical wellness devices market in the future
North America Medical Wellness Devices Market: Scope of Report
The latest publication by Persistence Market Research on the North America medical wellness devices market evaluates the opportunities and current market landscape and provides detailed analysis and updates about corresponding sections affecting the market. The study offers detailed insights into current market dynamics, which include the drivers, restraints, trends, and opportunities in the market. The principal aim of the market study is to present exclusive information about how the market will perform during the forecast period of 2023-2033.
Important indicators for the successful growth of the market are presented in this comprehensive report, which includes a Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described exhaustively in Persistence Market Research's study. This research study can support readers to know the demand for medical wellness devices and the quantitative development opportunities during the study period.
The research is beneficial for shareholders in the landscape, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the North America medical wellness devices market. Shareholders in the medical wellness devices market, industry experts, investors, researchers, and reporters, as well as business enthusiasts can leverage insights and information presented in this Persistence Market Research study.
Market statistics, as well as information linked to the macro- as well as micro-economic variables affecting the business scenario in the North America medical wellness devices market, are also included in the current study. Depending on potential developments in the market, substantive insights are also encountered in this report. Additionally, by the data submitted in this report, minor companies and new entrants in the industry can be aided in making suitable company choices to achieve traction in the market.
Key Market Segments
Persistence Market Research's study on the medical wellness devices market offers information divided into three important segments - product, distribution channel and country. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.
Product
Blood Pressure Monitors
Manual Blood Pressure Monitors
Automatic Blood Pressure Monitors
Diabetic Monitoring Devices
Glucometers
Smart Glucose Monitors
Continuous Glucose Monitors
Connected CGM Insulin Pens
Insulin Pumps
Insulin Pens
Thermometers
Mercury Thermometers
Digital Thermometers
Infra-red Thermometers
Tympanic Thermometers
Pulse Oximeters
Finger Pulse Oximeters
Handheld Pulse Oximeters
Wrist Worn Pulse Oximeters
Table Top Pulse Oximeters
Sleep Trackers
Ring Sleep Trackers
Wristband Sleep Trackers
Headband Sleep Trackers
Mask Sleep Trackers
Smart Watches
Massagers and Pain Relief
Electric Massagers
Transcutaneous Electric Nerves Stimulator
Mobility Care
Bath Safety and Products
Canes
Crutches
Walkers and Rollaters
Wheelchairs
Braces and Supports
Upper Extremity
Shoulder Braces and Supports
Neck Braces and Supports
Elbow Braces and Supports
Wrist Braces and Supports
Spinal Braces and Supports
Lower Extremity
Knee Braces and Supports
Ankle Braces and Supports
Hip Braces and Supports
Orthotic
Functional Orthotics
Accommodative Orthotics
Light Therapy
Light Box
Floor and Desk Lamp
Light Visors
Dawn Stimulators
Light Therapy Bulbs
Handheld Devices for Skin Treatments
Distribution Channel
Institutional Sales
Hospital Pharmacies
Specialty Clinics
Rehabilitation Centers
Wellness Centers
Retail Sales
Retail Pharmacies
Drug Stores
Online Sales
Supermarket/Hypermarket
Country
U.S.
Canada
Key Questions Answered in Report:
Which country will continue to remain the most profitable markets for North America medical wellness devices over the coming years?
How will changing trends influence the market?
How has the COVID-19 crisis influenced market growth?
How can market players capture the low-hanging opportunities in developed country?
What are the strategies of stakeholders in the market to shape their position in this landscape?
What are the restraining factors that investors need to be aware of and might tackle while investing in the market?
What are the developmental trends that will influence the market?
How can companies in the North America medical wellness devices market avail themselves of the growth opportunities in developed and emerging sectors?
Research Methodology
In Persistence Market Research's study, a unique research methodology is utilized to conduct extensive research on the growth of the North America medical wellness devices market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts to ensure the accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the production of the market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, who contributed to the development of this report as a primary resource.
Comprehensive information acquired from primary and secondary resources acts as validation from companies in the market and makes Persistence Market Research's projections on the growth prospects of the North America medical wellness devices market are more accurate and reliable.
Table of Contents
1. Executive Summary
- 1.1. North America Market Outlook
- 1.2. Demand Side Trends
- 1.3. Supply Side Trends
- 1.4. Analysis and Recommendations
2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
- 2.3. Inclusions and Exclusions
3. Key Market Trends
- 3.1. Key Trends Impacting the Market
- 3.2. Product Innovation / Development Trends
4. Key Success Factors
- 4.1. Adoption Rate/Usage Analysis - Key Statistics
- 4.2. Value Chain Analysis
- 4.3. Regulatory Scenario
- 4.4. Product USP Analysis
- 4.5. PESTEL Analysis
- 4.6. Porter's Analysis
5. Market Background
- 5.1. Macro-Economic Factors
- 5.1.1. North America GDP Growth Outlook
- 5.1.2. North America Healthcare Outlook
- 5.1.3. Global Medical Wellness Devices Market Outlook
- 5.2. Forecast Factors - Relevance & Impact
- 5.2.1. Product Adoption Rate
- 5.2.2. Prevalence of Chronic Diseases
- 5.2.3. Strategic Collaborations
- 5.2.4. Rising Diabetic Patients
- 5.2.5. Increasing Obesity Rates
- 5.2.6. Acquisition of Local Players
- 5.3. Market Dynamics
- 5.3.1. Drivers
- 5.3.2. Restraints
- 5.3.3. Opportunity Analysis
6. COVID-19 Crisis Analysis
- 6.1. COVID-19 and Impact Analysis
- 6.1.1. By Product
- 6.1.2. By Distribution Channel
- 6.1.3. By Country
- 6.2. 2022 Market Scenario
7. North America Medical Wellness Devices Market Demand (in Volume (Units) Analysis 2016-2022 and Forecast, 2023-2033
- 7.1. Historical Market Volume (Units) Analysis, 2016-2022
- 7.2. Current and Future Market Volume (Units) Projections, 2023-2033
- 7.2.1. Y-o-Y Growth Trend Analysis
8. North America Medical Wellness Devices Market - Pricing Analysis
- 8.1. North America Pricing Analysis By Product
- 8.2. Pricing Break-up
- 8.2.1. Manufacturer Level Pricing
- 8.2.2. Distributor Level Pricing
- 8.3. Pricing Assumptions
9. North America Medical Wellness Devices Market Demand (in Value US$ Mn) Analysis 2016-2022 and Forecast, 2023-2033
- 9.1. Historical Market Value (US$ Mn) Analysis, 2016-2022
- 9.2. Current and Future Market Value (US$ Mn) Analysis and Forecast, 2023-2033
- 9.2.1. Y-o-Y Growth Trend Analysis
- 9.2.2. Absolute $ Opportunity Analysis
10. North America Medical Wellness Devices Market Analysis 2016-2022 and Forecast 2023-2033, By Product
- 10.1. Introduction / Key Findings
- 10.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis, by Product, 2016-2022
- 10.3. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast, by Product, 2023-2033
- 10.3.1. Blood Pressure Monitors
- 10.3.1.1. Manual Blood Pressure Monitors
- 10.3.1.2. Automatic Blood Pressure Monitors
- 10.3.2. Diabetic Monitoring Devices
- 10.3.2.1. Glucometers
- 10.3.2.2. Smart Glucose Monitors
- 10.3.2.3. Continuous Glucose Monitors
- 10.3.2.4. Connected CGM Insulin Pens
- 10.3.2.5. Insulin Pumps
- 10.3.2.6. Insulin Pens
- 10.3.3. Thermometers
- 10.3.3.1. Mercury Thermometers
- 10.3.3.2. Digital Thermometers
- 10.3.3.3. Infra-red Thermometers
- 10.3.3.4. Tympanic Thermometers
- 10.3.4. Pulse Oximeters
- 10.3.4.1. Finger Pulse Oximeters
- 10.3.4.2. Handheld Pulse Oximeters
- 10.3.4.3. Wrist Worn Pulse Oximeters
- 10.3.4.4. Table Top Pulse Oximeters
- 10.3.5. Sleep Trackers
- 10.3.5.1. Ring Sleep Trackers
- 10.3.5.2. Wristband Sleep Trackers
- 10.3.5.3. Headband Sleep Trackers
- 10.3.5.4. Mask Sleep Trackers
- 10.3.6. Smart Watches
- 10.3.7. Massagers and Pain Relief
- 10.3.7.1. Electric Massagers
- 10.3.7.2. Transcutaneous Electric Nerves Stimulator
- 10.3.8. Mobility Care
- 10.3.8.1. Bath Safety and Products
- 10.3.8.2. Canes
- 10.3.8.3. Crutches
- 10.3.8.4. Walkers and Rollaters
- 10.3.8.5. Wheelchairs
- 10.3.9. Braces and Supports
- 10.3.9.1. Upper Extremity
- 10.3.9.1.1. Shoulder Braces and Supports
- 10.3.9.1.2. Neck Braces and Supports
- 10.3.9.1.3. Elbow Braces and Supports
- 10.3.9.1.4. Wrist Braces and Supports
- 10.3.9.1.5. Spinal Braces and Supports
- 10.3.9.2. Lower Extremity
- 10.3.9.2.1. Knee Braces and Supports
- 10.3.9.2.2. Ankle Braces and Supports
- 10.3.9.2.3. Hip Braces and Supports
- 10.3.9.1. Upper Extremity
- 10.3.10. Orthotic
- 10.3.10.1. Functional Orthotics
- 10.3.10.2. Accommodative Orthotics
- 10.3.11. Light Therapy
- 10.3.11.1. Light Box
- 10.3.11.2. Floor and Desk Lamp
- 10.3.11.3. Light Visors
- 10.3.11.4. Dawn Stimulators
- 10.3.11.5. Light Therapy Bulbs
- 10.3.11.6. Handheld Devices for Skin Treatments
- 10.3.1. Blood Pressure Monitors
- 10.4. Market Attractiveness Analysis, by Product
11. North America Medical Wellness Devices Market Analysis 2016-2022 and Forecast 2023-2033, By Distribution Channel
- 11.1. Introduction / Key Findings
- 11.2. Historical Market Size (US$ Mn) Analysis, By Distribution Channel, 2016-2022
- 11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast, by Distribution Channel, 2023-2033
- 11.3.1. Institutional Sales
- 11.3.1.1. Hospital Pharmacies
- 11.3.1.2. Specialty Clinics
- 11.3.1.3. Rehabilitation Centers
- 11.3.1.4. Wellness Centers
- 11.3.2. Retail Sales
- 11.3.2.1. Retail Pharmacies
- 11.3.2.2. Drug Stores
- 11.3.2.3. Online Sales
- 11.3.2.4. Supermarket/Hypermarket
- 11.3.1. Institutional Sales
- 11.4. Market Attractiveness Analysis, by Distribution Channel
12. North America Medical Wellness Devices Market Analysis 2016-2022 and Forecast 2023-2033, By Country
- 12.1. Introduction
- 12.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis, by Country, 2016-2022
- 12.3. Current and Future Market Value (US$ Mn) and Volume (Units) Analysis and Forecast, by Country 2023-2033
- 12.3.1. U.S.
- 12.3.2. Canada
- 12.4. Market Attractiveness Analysis, by Country
13. U.S. Medical Wellness Devices Market Analysis 2016-2022 and Forecast 2023-2033
- 13.1. Introduction
- 13.2. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis, by Market Taxonomy, 2016-2022
- 13.3. Current and Future Market Value (US$ Mn) and Volume (Units) Analysis and Forecast, by Market Taxonomy, 2023-2033
- 13.3.1. By Product
- 13.3.2. By Distribution Channel
- 13.4. Market Attractiveness Analysis
- 13.4.1. By Product
- 13.4.2. By Distribution Channel
14. Canada Medical Wellness Devices Market Analysis 2016-2022 and Forecast 2023-2033
- 14.1. Introduction
- 14.2. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis, by Market Taxonomy, 2016-2022
- 14.3. Current and Future Market Value (US$ Mn) and Volume (Units) Analysis and Forecast, by Market Taxonomy, 2023-2033
- 14.3.1. By Product
- 14.3.2. By Distribution Channel
- 14.4. Market Attractiveness Analysis
- 14.4.1. By Product
- 14.4.2. By Distribution Channel
15. Market Structure Analysis
- 15.1. Market Analysis, by Tier of Companies
- 15.2. Market Share Analysis of Top Players
- 15.3. Market Concentration
- 15.4. Market Presence Analysis
16. Competition Analysis
- 16.1. Competition Dashboard
- 16.2. Competition Deep Dive
- 16.2.1. Abbott
- 16.2.1.1. Overview
- 16.2.1.2. Product Portfolio
- 16.2.1.3. Sales Footprint
- 16.2.1.4. Key Financials
- 16.2.1.5. SWOT Analysis
- 16.2.1.6. Strategy Overview
- 16.2.1.6.1. Marketing Strategy
- 16.2.1.6.2. Product Strategy
- 16.2.1.6.3. Channel Strategy
- 16.2.2. 3M Company
- 16.2.2.1. Overview
- 16.2.2.2. Product Portfolio
- 16.2.2.3. Sales Footprint
- 16.2.2.4. Key Financials
- 16.2.2.5. SWOT Analysis
- 16.2.2.6. Strategy Overview
- 16.2.2.6.1. Marketing Strategy
- 16.2.2.6.2. Product Strategy
- 16.2.2.6.3. Channel Strategy
- 16.2.3. Dexcom, Inc.
- 16.2.3.1. Overview
- 16.2.3.2. Product Portfolio
- 16.2.3.3. Sales Footprint
- 16.2.3.4. Key Financials
- 16.2.3.5. SWOT Analysis
- 16.2.3.6. Strategy Overview
- 16.2.3.6.1. Marketing Strategy
- 16.2.3.6.2. Product Strategy
- 16.2.3.6.3. Channel Strategy
- 16.2.4. F. Hoffmann-La Roche AG t
- 16.2.4.1. Overview
- 16.2.4.2. Product Portfolio
- 16.2.4.3. Sales Footprint
- 16.2.4.4. Key Financials
- 16.2.4.5. SWOT Analysis
- 16.2.4.6. Strategy Overview
- 16.2.4.6.1. Marketing Strategy
- 16.2.4.6.2. Product Strategy
- 16.2.4.6.3. Channel Strategy
- 16.2.5. Koninklijke Philips N.V.,
- 16.2.5.1. Overview
- 16.2.5.2. Product Portfolio
- 16.2.5.3. Sales Footprint
- 16.2.5.4. Key Financials
- 16.2.5.5. SWOT Analysis
- 16.2.5.6. Strategy Overview
- 16.2.5.6.1. Marketing Strategy
- 16.2.5.6.2. Product Strategy
- 16.2.5.6.3. Channel Strategy
- 16.2.6. Fossil Group, Inc.
- 16.2.6.1. Overview
- 16.2.6.2. Product Portfolio
- 16.2.6.3. Sales Footprint
- 16.2.6.4. Key Financials
- 16.2.6.5. SWOT Analysis
- 16.2.6.6. Strategy Overview
- 16.2.6.6.1. Marketing Strategy
- 16.2.6.6.2. Product Strategy
- 16.2.6.6.3. Channel Strategy
- 16.2.7. Garmin Ltd
- 16.2.7.1. Overview
- 16.2.7.2. Product Portfolio
- 16.2.7.3. Sales Footprint
- 16.2.7.4. Key Financials
- 16.2.7.5. SWOT Analysis
- 16.2.7.6. Strategy Overview
- 16.2.7.6.1. Marketing Strategy
- 16.2.7.6.2. Product Strategy
- 16.2.7.6.3. Channel Strategy
- 16.2.8. LifeScan, Inc.
- 16.2.8.1. Overview
- 16.2.8.2. Product Portfolio
- 16.2.8.3. Sales Footprint
- 16.2.8.4. Key Financials
- 16.2.8.5. SWOT Analysis
- 16.2.8.6. Strategy Overview
- 16.2.8.6.1. Marketing Strategy
- 16.2.8.6.2. Product Strategy
- 16.2.8.6.3. Channel Strategy
- 16.2.9. Tandem Diabetes Care
- 16.2.9.1. Overview
- 16.2.9.2. Product Portfolio
- 16.2.9.3. Sales Footprint
- 16.2.9.4. Key Financials
- 16.2.9.5. SWOT Analysis
- 16.2.9.6. Strategy Overview
- 16.2.9.6.1. Marketing Strategy
- 16.2.9.6.2. Product Strategy
- 16.2.9.6.3. Channel Strategy
- 16.2.10. Masimo Corporation
- 16.2.10.1. Overview
- 16.2.10.2. Product Portfolio
- 16.2.10.3. Sales Footprint
- 16.2.10.4. Key Financials
- 16.2.10.5. SWOT Analysis
- 16.2.10.6. Strategy Overview
- 16.2.10.6.1. Marketing Strategy
- 16.2.10.6.2. Product Strategy
- 16.2.10.6.3. Channel Strategy
- 16.2.11. Fitbit, Inc.
- 16.2.11.1. Overview
- 16.2.11.2. Product Portfolio
- 16.2.11.3. Sales Footprint
- 16.2.11.4. Key Financials
- 16.2.11.5. SWOT Analysis
- 16.2.11.6. Strategy Overview
- 16.2.11.6.1. Marketing Strategy
- 16.2.11.6.2. Product Strategy
- 16.2.11.6.3. Channel Strategy
- 16.2.12. Garmin Ltd
- 16.2.12.1. Overview
- 16.2.12.2. Product Portfolio
- 16.2.12.3. Sales Footprint
- 16.2.12.4. Key Financials
- 16.2.12.5. SWOT Analysis
- 16.2.12.6. Strategy Overview
- 16.2.12.6.1. Marketing Strategy
- 16.2.12.6.2. Product Strategy
- 16.2.12.6.3. Channel Strategy
- 16.2.13. Withings
- 16.2.13.1. Overview
- 16.2.13.2. Product Portfolio
- 16.2.13.3. Sales Footprint
- 16.2.13.4. Key Financials
- 16.2.13.5. SWOT Analysis
- 16.2.13.6. Strategy Overview
- 16.2.13.6.1. Marketing Strategy
- 16.2.13.6.2. Product Strategy
- 16.2.13.6.3. Channel Strategy
- 16.2.14. Oura
- 16.2.14.1. Overview
- 16.2.14.2. Product Portfolio
- 16.2.14.3. Sales Footprint
- 16.2.14.4. Key Financials
- 16.2.14.5. SWOT Analysis
- 16.2.14.6. Strategy Overview
- 16.2.14.6.1. Marketing Strategy
- 16.2.14.6.2. Product Strategy
- 16.2.14.6.3. Channel Strategy
- 16.2.15. Verilux, Inc.,
- 16.2.15.1. Overview
- 16.2.15.2. Product Portfolio
- 16.2.15.3. Sales Footprint
- 16.2.15.4. Key Financials
- 16.2.15.5. SWOT Analysis
- 16.2.15.6. Strategy Overview
- 16.2.15.6.1. Marketing Strategy
- 16.2.15.6.2. Product Strategy
- 16.2.15.6.3. Channel Strategy
- 16.2.16. Otto Bock Holding GmbH& Co
- 16.2.16.1. Overview
- 16.2.16.2. Product Portfolio
- 16.2.16.3. Sales Footprint
- 16.2.16.4. Key Financials
- 16.2.16.5. SWOT Analysis
- 16.2.16.6. Strategy Overview
- 16.2.16.6.1. Marketing Strategy
- 16.2.16.6.2. Product Strategy
- 16.2.16.6.3. Channel Strategy
- 16.2.1. Abbott
17. Assumptions and Acronyms Used
18. Research Methodology
List of Tables
- Table 01: North America Medical Wellness Devices Market Value (US$ Mn) Analysis and Forecast 2016-2033, by Product
- Table 02: North America Medical Wellness Devices Market Volume (Units) Analysis and Forecast 2016-2033, by Product
- Table 03: North America Medical Wellness Devices Market Value (US$ Mn) Analysis and Forecast 2016-2033, by Distribution Channel
- Table 04: North America Medical Wellness Devices Market Value (US$ Mn) Analysis 2016-2023 and Forecast 2023-2033, by Country
- Table 05: U.S. Medical Wellness Devices Market Value (US$ Mn) Analysis and Forecast 2016-2033, by Product
- Table 06: U.S. Medical Wellness Devices Market Volume (Units) Analysis and Forecast 2016-2033, by Product
- Table 07: U.S. Medical Wellness Devices Market Value (US$ Mn) Analysis and Forecast 2016-2033, by Distribution Channel
- Table 08: Canada Medical Wellness Devices Market Value (US$ Mn) Analysis and Forecast 2016-2033, by Product
- Table 09: Canada Medical Wellness Devices Market Volume (Units) Analysis and Forecast 2016-2033, by Product
- Table 10: Canada Medical Wellness Devices Market Value (US$ Mn) Analysis and Forecast 2016-2033, by Distribution Channel
List of Figures
- Figure 01: North America Medical Wellness Devices Market Volume (Units), 2016-2022
- Figure 02: North America Medical Wellness Devices Market Volume (Units) & Y-o-Y Growth (%) Analysis, 2023-2033
- Figure 03: North America Medical Wellness Devices, Pricing Analysis per unit (US$), in 2023
- Figure 04: North America Medical Wellness Devices, Pricing Forecast per unit (US$), in 2033
- Figure 05: North America Medical Wellness Devices Market Value (US$ Mn) Analysis, 2016-2022
- Figure 06: North America Medical Wellness Devices Market Forecast & Y-o-Y Growth, 2023-2033
- Figure 07: North America Medical Wellness Devices Market Absolute $ Opportunity (US$ Mn) Analysis, 2023-2033
- Figure 08: North America Medical Wellness Devices Market Value Share (%) Analysis 2023 and 2033, by Product
- Figure 09: North America Medical Wellness Devices Market Y-o-Y Growth (%) Analysis 2023-2033, by Product
- Figure 10: North America Medical Wellness Devices Market Attractiveness Analysis 2023-2033, by Product
- Figure 11: North America Medical Wellness Devices Market Value Share (%) Analysis 2023 and 2033, by Distribution Channel
- Figure 12: North America Medical Wellness Devices Market Y-o-Y Growth (%) Analysis 2023-2033, by Distribution Channel
- Figure 13: North America Medical Wellness Devices Market Attractiveness Analysis 2023-2033, by Distribution Channel
- Figure 14: North America Medical Wellness Devices Market Value Share (%) Analysis 2023 and 2033, by Country
- Figure 15: North America Medical Wellness Devices Market Y-o-Y Growth (%) Analysis 2023-2033, by Country
- Figure 16: North America Medical Wellness Devices Market Attractiveness Analysis 2023-2033, by Country
- Figure 17: U.S. Medical Wellness Devices Market Value Proportion Analysis, 2023
- Figure 18: North America Vs. U.S. Growth Comparison
- Figure 19: U.S. Medical Wellness Devices Market Share Analysis (%) by Product, 2023 & 2033
- Figure 20: U.S. Medical Wellness Devices Market Share Analysis (%) by Distribution Channel, 2023 & 2033
- Figure 21: Canada Medical Wellness Devices Market Value Proportion Analysis, 2023
- Figure 22: North America Vs. Canada. Growth Comparison
- Figure 23: Canada Medical Wellness Devices Market Share Analysis (%) by Product, 2023 & 2033
- Figure 24: Canada Medical Wellness Devices Market Share Analysis (%) by Distribution Channel, 2023 & 2033
