Wearable Medical Devices Market Research and Forecast Report 2023-2028

1. Global Wearable Medical Devices Market Research and Forecast Report 2023- 2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Wearable Medical Devices Market Research Report: The latest report by IMARC, titled “Wearable Medical Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” the global wearable medical devices market size reached US$ 23.1 Billion in 2022. Wearable medical devices are autonomous instruments that provide medical monitoring or support over a prolonged period. These devices are either embedded into clothing or worn as an accessory. They incorporate noninvasive physiological sensors, wireless data transmission capabilities, medical feedback and data processing modules. In recent years, wearable medical devices have gained immense popularity as they provide supporting hardware to cope with the evolving medical trend of offering point-of-care treatment. They also ensure unregulated medical supervision and assistance in the remote management of medical conditions for rehabilitating the chronically ill and disabled patients. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/wearable-medical-devices-

4. Report Description and Highlights Report Description Global Wearable Medical Devices Market Trends: According to the World Health Organization (WHO), chronic diseases, such as ischemic heart disease (IHD), stroke and diabetes, are becoming the world’s leading causes of death and disability. This has increased the use of wearable technology among individuals to collect data and monitor their health. Besides this, the recent outbreak of the coronavirus disease (COVID-19) has led to innovations in wearable medical devices for telehealthcare, thereby enhancing the usability, efficiency and popularity of home-based telemedicine. These devices allow the monitoring of physiologic information, such as biopotential, photoplethysmogram (PPG), heart rate (HR), blood pressure (BP), blood oxygen saturation (SaO2), and respiration. Furthermore, the growing awareness among consumers about fitness has led to the development of wearable devices, such as smart bands and smartwatches, by leveraging advanced technologies such as artificial intelligence (AI), cloud, machine learning, and big data analytics. These devices help them monitor fitness parameters, including footstep count, calories burned, and distance walked. Moreover, factors such as a rise in the geriatric population, significant improvements in the healthcare infrastructure, and various advancements in wearable technology are bolstering the market growth. Looking forward, the market is anticipated to grow at a CAGR of 22% during 2023- 2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Device Type: •Diagnostic Devices • • • • •Therapeutic Devices • • • • Vital Sign Monitoring Devices Sleep Monitoring Devices Electrocardiographs and Obstetric Devices Neuromonitoring Devices Pain Management Devices Insulin Delivery Devices Rehabilitation Devices Respiratory Therapy Devices Breakup by Product: • Activity Monitors • Smartwatches • Patches • Smart Clothing • Hearing Aids

6. Report Description and Highlights Report Description • Others Application Insights: • Sports and Fitness • Remote Patient Monitoring • Home Healthcare Distribution Channel Insights: • Offline • Online Regional Insights: • North America • United States • Canada • Asia Pacific • China • Japan • India • South Korea

7. Report Description and Highlights Report Description • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • Abbott Laboratories Apple Inc. Dexcom Inc. Fitbit Inc. (Google LLC) Garmin Ltd. Honeywell International Inc. Koninklijke Philips N.V. Medtronic Plc Omron Corporation Vital Connect Inc. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/wearable-medical-devices- market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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