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Wearable Medical Devices Market to Grow at a CAGR of more than 9.46% by 2021

Press Release   •   Aug 21, 2017 06:16 EDT

The following companies as the key players in the Global Wearable Medical Devices Market: Fitbit, Garmin, OMRON, Philips Healthcare, and Sonova. Other Prominent Vendors in the market are: GN Store Nord, Jawbone, LifeWatch, Nokia, Polar Electro, Starkey Hearing Technologies, and Tandem Diabetes Care.

This 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

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The analysts forecast Global Wearable Medical Devices Market to grow at a CAGR of 9.46% during the period 2017-2021. One trend in the market is emergence of innovative wearable medical devices. Innovations are common in the global wearable medical devices market. Manufacturers are designing wearable medical devices that are compact, light, and ergonomic. Technologies such as system on a chip (SoC) and chip scale package (CSP) are enabling manufacturers to reduce the size of wearable medical devices.”

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.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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This 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

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

Major points covered in Global Wearable Medical Devices Market 2021 Research are: -

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?

Table of Contents

  • PART 01: Executive summary
  • PART 02: Scope of the report
  • PART 03: Research Methodology
  • PART 04: Introduction
  • PART 05: Market landscape
  • PART 06: Segmentation by application
  • PART 07: Segmentation by geography
  • PART 08: Segmentation by end-user
  • PART 09: Decision framework
  • PART 10: Drivers and challenges
  • PART 11: Market trends
  • PART 12: Vendor landscape
  • PART 13: Key vendor analysis
  • PART 14: Appendix

Browse full table of contents and List of Exhibits at http://www.rnrmarketresearch.com/global-wearable-medical-devices-market-2017-2021-market-report.html

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