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Increasing Prevalence of Chronic Diseases to Boost the Wearable Medical Devices Market 2017-2021

Press Release   •   Aug 21, 2017 07:12 EDT


About Wearable Medical Devices

Wearable medical devices are autonomous, non-invasive (NI) devices with sensors, which are worn by people. They detect and monitor changes in the body signatures of various areas and organs. Wearable medical devices include diagnostic wearable medical devices and therapeutic wearable medical devices. Diagnostic wearable devices include pulse oximeters, glucose monitoring devices, blood pressure (BP) monitors, wearable patches, and activity trackers.
Technavios analysts forecast the global wearable medical devices market to grow at a CAGR of 9.46% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global wearable medical devices market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Wearable Medical Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors

Fitbit

Garmin

OMRON

Philips Healthcare

Sonova

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Other prominent vendors

GN Store Nord

Jawbone

LifeWatch

Nokia

Polar Electro

Starkey Hearing Technologies

Tandem Diabetes Care

Market driver

Increasing prevalence of chronic diseases

For a full, detailed list, view our report

Market challenge

High cost of devices

For a full, detailed list, view our report

Market trend

Emergence of innovative wearable medical devices

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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