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Wearable Medical Devices Market

This report analyzes the current and future scenario of the global wearable medical devices market. Rise in prevalence of chronic pain, increase in diabetic population, rise in the geriatric population, surge in the rate of adoption of technologically advanced wearable medical products, and rise in patient awareness and health care expenditure are key factors that are projected to drive the global market during the forecast period. <br><br>

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Wearable Medical Devices Market

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  1. ©2019 Transparency Market Research, All Rights Reserved The global wearable medical devices market was valued at approximately US$ 6.8 Bn in 2017. It is projected to expand at a compound annual growth rate (CAGR) of more than 17.0% from 2018 to 2026. Wearable Medical Devices Market ©2019 Transparency Market Research, All Rights Reserved

  2. ©2019 Transparency Market Research, All Rights Reserved Global Wearable Medical Devices Market - Snapshot  The global wearable medical devices market is driven by the rise in prevalence of chronic pain, increase in diabetic population, increase in the geriatric population, and a surge in the rate of adoption of technologically advanced wearable medical products. Furthermore, a rise in patient awareness and healthcare expenditure and technological advancements are expected to drive the market during the forecast period.  The global wearable medical devices market has been segmented based on device, product type, application, distribution channel, and region. In terms of device, the global market has been classified into diagnostic and monitoring devices and therapeutic devices. The diagnostic and monitoring devices segment has been further sub-segmented into vital signs monitoring devices, glucose monitoring devices, sleep monitoring devices, fetal monitoring & obstetric devices, and neuromonitoring devices.  The therapeutic devices segment has been further sub-segmented into pain management devices, rehabilitation devices, insulin pumps, and respiratory therapy devices. Based on product type, the wearable medical devices market has been categorized into smart watches, activity monitors, patches, and smart clothing.

  3. ©2019 Transparency Market Research, All Rights Reserved Table of Content Sr. No. Content Chapter1 Preface Chapter 2 Assumptions and Research Methodology Chapter 3 Executive Summary Chapter 4 Market Dynamics Chapter 5 Key Insights Global Wearable Medical Devices Market Analysis and Forecast, by Device Chapter 6 Global Wearable Medical Devices Market Analysis and Forecast, by Product Type Chapter 7 Global Wearable Medical Devices Market Analysis and Forecast, by Application Chapter 8 Global Wearable Medical Devices Market Analysis and Forecast, by Distribution Channel Chapter 9 Global Wearable Medical Devices Market Analysis and Forecast, by Region Chapter 10

  4. ©2019 Transparency Market Research, All Rights Reserved Increasing incidence of chronic pain and high population of diabetic patients  Demand for wearable medical devices market such as transcutaneous electrical nerve stimulation (TENS) and pulsed electromagnetic field therapy (PEMF) devices has increased significantly due to a rise in the cases of chronic pain. According to IDF (international Diabetes Federation), about 415 million people suffered from diabetes worldwide in 2015. It also states that one out of eleven adults is a diabetic. Rising number of people are suffering from diabetes due to the increased intake of unhealthy diet, sedentary lifestyle, and obesity.  This can lead to serious complications such as kidney failure, heart diseases, and stroke. Thus, health of such people needs to be monitored on periodically. This fuels the demand for glucose monitoring devices. Diabetic patients are also at a risk of premature death due to cardiovascular diseases. This generates the need for wearable devices that can allow continuous cardiovascular monitoring at home and in clinics. Request Brochure of Report ©2019 Transparency Market Research, All Rights Reserved

  5. ©2019 Transparency Market Research, All Rights Reserved To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact: 90 State Street, Albany NY – 12207, United States Tel: +1-518-618-1030 T H A N K Y O U

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