Wearable Medical Devices - Global Market Analysis & Outlook (2017-2026): Forecast to Grow at a CAGR of 19.2% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 3, 2018--The “Wearable Medical Devices - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Wearable Medical Devices is accounted for $6.05 billion in 2017 and is expected to reach $29.53 billion by 2026 growing at a CAGR of 19.2% during the forecast period.
Rising prevalence of chronic diseases, increasing demand for user friendly interface and ability to coordinate with mobile phones and tablets, and technological advancements are some of the key factors favouring the market growth.
However, data security & privacy and lack of reimbursement are hindering the market growth. Moreover, change in trend from traditional to wearable devices and stable rise of remote patient monitoring and home healthcare are some of the opportunities for the market growth.
Based on type, activity monitors segment held significant growth due to the high prevalence of diseases, increasing adoption of inactive & unhealthy lifestyles and rising awareness of fitness and health.
By geography, North America is expected to register the highest market growth during the forecast period owing to the presence of highly developed healthcare infrastructure, growing adoption of medical technologies and the progress of interconnected and highly advanced healthcare apps and compatible devices.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Wearable Medical Devices Market, By Distribution Channel
6 Global Wearable Medical Devices Market, By Type
7 Global Wearable Medical Devices Market, By Device Type
8 Global Wearable Medical Devices Market, By End User
9 Global Wearable Medical Devices Market, By Tracker
10 Global Wearable Medical Devices Market, By Geography
11 Key Developments
12 Company ProfilingApple Samsung Xiaomi Inc. Philips Electronics Nokia Technologies OMRON Corporation Fitbit Medtronic PLC LifeWatch AG Actelion Pharmaceuticals Garmin Vitalconnect Jawbone Monica Healthcare Polar Electro Sotera Wireless Lifesense Cleveland Medical Devices Inc. Nuubo Intelesens Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/qpb9q8/wearable_medical?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181203005517/en/
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Related Topics:Medical Devices
INDUSTRY KEYWORD: TECHNOLOGY HARDWARE HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
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PUB: 12/03/2018 08:49 AM/DISC: 12/03/2018 08:49 AM