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Growing shift of healthcare providers towards wireless connectivity coupled increasing incidence of diseases including obesity and diabetes is expected to stimulate market growth.
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Wearable Healthcare/Medical Devices Market To Reach USD 27.49 Billion By 2026
Market Summary Market Size – USD 7.01 billion in 2018, Market Growth - CAGR of 18.5%, Market Trends – Increased penetration of smartphones. The global wearable healthcare/medical devices market is expected to reach USD 27.49 billion by 2026, according to a new report by Reports and Data. Increased adoption of smartphone based application for healthcare monitoring by individuals as well as healthcare providers is the key factor driving demand. Further key findings from the report suggest Diagnostic and Monitoring Devices are expected to occupy a significant share of the overall market. Adoption of these devices can help in faster detection of diseases such as diabetes, hypertension and cancer. For instance: The iTBra, developed by Cyrcadia Health can help in detection of breast cancer. According to the World Cancer Research Fund, over 2 million new cases of breast cancer were registered in 2018. Belgium had the highest rate of breast cancer in women, followed by Luxembourg and Netherlands. Adoption of these breast patches could help in detection of cancer in even dense breast tissue. The dense breast tissues are four to six times more likely to develop tumors. Breast patches are expected to bring down the number of breast biopsies significantly in the forecast period. • www.reportsanddata.com
Market Summary Key Players: Fitbit, Philips, Garmin, Lifewatch, Medtronic, NeuroMetrix, Qardio and Omron. Segmentation: Product types Outlook (Revenue, USD Billion; 2018-2026) Fitness Trackers Body Sensors Wearable Patches Wrist Devices Heart Straps Headbands Posture Monitors Movement Sensors Wearable Defibrillator Smart Clothing Smart Glasses Wearable Camera Others To look at the PDF Sample Report and get 30 minutes of a free consultation @https://www.reportsanddata.com/sample-enquiry-form/1054 www.reportsanddata.com
Market Summary Application Outlook (Revenue, USD Million, 2015-2026) Sports & Fitness Remote Patient Monitoring Home Healthcare Emergency Medical Care Others Regional Outlook for Wearable Healthcare/Medical Devices Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Ask Here to Get customization & Check for irresistible discount rates on this report @https://www.reportsanddata.com/discount-enquiry-form/1054 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com