Stratview Research delivers key insights into the global Wearable Medical Devices Market. According to Stratview Research, the market is segmented by Device Type (Diagnostic Devices, Therapeutic Devices), Product (Activity Monitors, Smart Watches, Smart Clothing, Patches), Application (Sports and Fitness, Remote Patient Monitoring, Home Healthcare), Distribution Channel (Pharmacies, Online Channel, Hypermarkets) and Region (North America, Europe, Asia-Pacific, and Rest of the World).
The report also covers the Covid impact on the market. Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and an uptrend is witnessed from 2021.
Market Insights
The wearable medical devices market size was valued at USD 21.5 billion in 2021 and is likely to grow at a CAGR of 23.7% during 2022-2028 to reach USD 95.4 billion by 2028.
Market Dynamics
The growth of the market is primarily driven by increasing demand for remote patient monitoring devices and home healthcare.
- Increasing fitness consciousness among consumers particularly the young generation is expected to propel the market growth significantly.
- The rising prevalence of chronic lifestyle diseases due to stress and unhealthy eating habits is expected to boost product demand further.
- Moreover, a growing emphasis on new innovative product development is likely to create lucrative opportunities for the players operating in the market during the review period.
Key Players
The following are some of the key players in the Wearable Medical Devices Market:
- Koninklijke Philips N.V. (Netherlands),
- Zephyr Technology Corporation (The U.S),
- Omron Corporation (Japan),
- Sotera Wireless, Inc. (The U.S),
- Everist Health (The U.S),
- LifeWatch AG (Switzerland),
- Withings (France),
- Polar Electro Oy (Finland),
- Intelesens Ltd (UK),
- Fitbit, Inc. (The U.S),
- Vital Connect, Inc. (The U.S), and
- Garmin Ltd. (The U.S).
About Us –
Stratview Research is a leading global market research firm providing expert research solutions, trusted by clients worldwide. To keep our clients ahead of the curve, we provide data backed by extensive market research and in-depth industry knowledge. The broad spectrum of integrated insights is referred to, and cited by press releases, interview with key players, white papers, journals, etc. Stratview research also offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please connect with our team.
Get in touch with us for more details –
Call: +1-313-307-4176 Or Mail Us: sales@stratviewresearch.com
Article source: https://article-realm.com/article/Business/Careers/34667-Wearable-Medical-Devices-Market-In-depth-Analysis-Demand-Statistics-2022-2028.html
Reviews
Comments
Most Recent Articles
- Mar 23, 2024 Packers and Movers Cost Calculator, Household Price Online by Dtc Express
- Mar 22, 2024 Top Packers And Movers In Chhattarpur - DTC Express by Dtc Express
- Mar 22, 2024 Best Packers and Movers in Rewari - Movers Packers Rewari by Dtc Express
- Mar 21, 2024 Packers and Movers in Moradabad - Movers Packers Moradabad by Dtc Express
- Mar 20, 2024 Packers and Movers in Gurgaon Sector 49 - Movers and Packers in Gurgaon Sector 49 by Dtc Express
Most Viewed Articles
- 2080 hits Why Digital Marketing is a necessity for any Business by Ben Tennyson
- 1920 hits DIFFERENT TYPES OF OUTDOOR SIGNAGE by Big Digital
- 1651 hits How to finally make money online in 2018? by nisse lind
- 1038 hits Keuntungan Menggunakan Video Production Untuk Marketing by private english
- 945 hits Ultra High Vacuum Transformer Oil Filter Machine For Healthy Power Supply by Guest
Popular Articles
In today’s competitive world, one must be knowledgeable about the latest online business that works effectively through seo services....
76866 Views
Are you caught in between seo companies introduced by a friend, researched by you, or advertised by a particular site? If that is the...
31908 Views
Walmart is being sued by a customer alleging racial discrimination. The customer who has filed a lawsuit against the retailer claims that it...
12038 Views
If you have an idea for a new product, you can start by performing a patent search. This will help you decide whether your idea could become the...
10200 Views
Statistics
Members | |
---|---|
Members: | 13874 |
Publishing | |
---|---|
Articles: | 58,269 |
Categories: | 202 |
Online | |
---|---|
Active Users: | 1083 |
Members: | 13 |
Guests: | 1070 |
Bots: | 7431 |
Visits last 24h (live): | 2719 |
Visits last 24h (bots): | 15894 |