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Medical Devices

Global Medical Wearables Market Size study, by Device Type (Vital Sign Monitoring Devices, Glucose Monitoring Devices & Insulin Pumps, Fetal Monitoring & Obstetric Devices, Neuromonitoring Devices, Sleep Monitoring Devices), by Product (Patches, Smartwatches, Activity Monitors & Wristbands, Others), by End-User (Hospitals, Ambulatory Care Centers, Long-Term Care Centers, Assisted-Living Facilities, and Nursing Homes, Home Care Settings) and Regional Forecasts 2020-2027

  • BIZ3871492
  • 200 Pages
  • May 2020
  • Medical Devices
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Global Medical Wearables Market is valued approximately USD 6.1 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 21.4% over the forecast period 2020-2027. Medical Wearables are the handheld monitoring tools primarily used in monitoring and identification of disease. With the rise in prevalence of chronic diseases, patients are opting for home healthcare tools as an efficient and cost effective of treatment, instead of hospital services. In the present scenario, medical wearables are gaining immense traction, due to enhanced technologies that are being pioneered consistently by the manufacturers. Due to these advancements of medical wearable technology and growing demand from patients to monitor their own health has influence the growth of wearable medical device industry to develop more wearable devices, such as smartwatches, fitbits, and wearable monitors. Further, increasing occurrence of chronic diseases, such as cardiovascular, cancer, etc., increasing usage of smartphone in health monitoring, and increasing awareness for health & fitness among people are the few factors responsible for high CAGR of the market during the forecast period. According to the American Heart Association, the occurred of death due to cardiovascular diseases was about 17.6 million in 2016, and a number is expected to grow to over 23.6 million by 2030. Also, as per the Center for Disease Control and Prevention (CDC), about 610,000 die due to heart diseases in the United States every year. This, in turn, is projected to accelerate the adoption of medical wearables around the world. The outbreak of COVID-19 crisis has led to rise in demand for medical wearables, as these devices are helps in screening and monitoring of novel coronavirus infections. Therefore, this factor can create lucrative opportunities for medical wearable market in the forthcoming years. However, inaccuracy in analysis of wearable generated data and unfavorable reimbursement issues impedes the growth of the market over the forecast period of 2020-2027.

The regional analysis of global Medical Wearables market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising incidences of cardiovascular disorders, diabetes, and cancer, coupled with the early adoption of wearable medical technology in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising government initiatives for medical wearables, increasing aging population, and growing healthcare expenditure by people would create lucrative growth prospects for the Medical Wearables market across Asia-Pacific region.

Major market player included in this report are:

Koninklijke Philips N.V.

Medtronic plc

Omron Healthcare Co., Ltd.

Biotelemetry, Inc.

Apple Inc.

GE Healthcare

Abbott Laboratories

Dexcom, Inc.

iRhythm Technologies, Inc.

Masimo Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Device Type:

Vital Sign Monitoring Devices

Glucose Monitoring Devices & Insulin Pumps

Fetal Monitoring & Obstetric Devices

Neuromonitoring Devices

Sleep Monitoring Devices

By Product:

Patches

Smartwatches

Activity Monitors & Wristbands

Others

By End-User:

Hospitals

Ambulatory Care Centers

Long-Term Care Centers, Assisted-Living Facilities, and Nursing Homes

Home Care Settings

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global Medical Wearables Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)

1.2.1. Medical Wearables Market, by Region, 2018-2027 (USD Billion)

1.2.2. Medical Wearables Market, by Device Type, 2018-2027 (USD Billion)

1.2.3. Medical Wearables Market, by Product, 2018-2027 (USD Billion)

1.2.4. Medical Wearables Market, by End-User, 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Medical Wearables Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Medical Wearables Market Dynamics

3.1. Medical Wearables Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Medical Wearables Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Medical Wearables Market, by Device Type

5.1. Market Snapshot

5.2. Global Medical Wearables Market by Device Type, Performance - Potential Analysis

5.3. Global Medical Wearables Market Estimates & Forecasts by Device Type 2017-2027 (USD Billion)

5.4. Medical Wearables Market, Sub Segment Analysis

5.4.1. Vital Sign Monitoring Devices

5.4.2. Glucose Monitoring Devices & Insulin Pumps

5.4.3. Fetal Monitoring & Obstetric Devices

5.4.4. Neuromonitoring Devices

5.4.5. Sleep Monitoring Devices

Chapter 6. Global Medical Wearables Market, by Product

6.1. Market Snapshot

6.2. Global Medical Wearables Market by Product, Performance - Potential Analysis

6.3. Global Medical Wearables Market Estimates & Forecasts by Product 2017-2027 (USD Billion)

6.4. Medical Wearables Market, Sub Segment Analysis

6.4.1. Patches

6.4.2. Smartwatches

6.4.3. Activity Monitors & Wristbands

6.4.4. Others

Chapter 7. Global Medical Wearables Market, by End-User

7.1. Market Snapshot

7.2. Global Medical Wearables Market by End-User - Potential Analysis

7.3. Global Medical Wearables Market Estimates & Forecasts by End-User 2017-2027 (USD Billion)

7.4. Medical Wearables Market, Sub Segment Analysis

7.4.1. Hospitals

7.4.2. Ambulatory Care Centers

7.4.3. Long-Term Care Centers, Assisted-Living Facilities, and Nursing Homes

7.4.4. Home Care Settings

Chapter 8. Global Medical Wearables Market, Regional Analysis

8.1. Medical Wearables Market, Regional Market Snapshot

8.2. North America Medical Wearables Market

8.2.1. U.S. Medical Wearables Market

8.2.1.1. Device Type breakdown estimates & forecasts, 2017-2027

8.2.1.2. Product breakdown estimates & forecasts, 2017-2027

8.2.1.3. End-User breakdown estimates & forecasts, 2017-2027

8.2.2. Canada Medical Wearables Market

8.3. Europe Medical Wearables Market Snapshot

8.3.1. U.K. Medical Wearables Market

8.3.2. Germany Medical Wearables Market

8.3.3. France Medical Wearables Market

8.3.4. Spain Medical Wearables Market

8.3.5. Italy Medical Wearables Market

8.3.6. Rest of Europe Medical Wearables Market

8.4. Asia-Pacific Medical Wearables Market Snapshot

8.4.1. China Medical Wearables Market

8.4.2. India Medical Wearables Market

8.4.3. Japan Medical Wearables Market

8.4.4. Australia Medical Wearables Market

8.4.5. South Korea Medical Wearables Market

8.4.6. Rest of Asia Pacific Medical Wearables Market

8.5. Latin America Medical Wearables Market Snapshot

8.5.1. Brazil Medical Wearables Market

8.5.2. Mexico Medical Wearables Market

8.6. Rest of The World Medical Wearables Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Koninklijke Philips N.V.

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Medtronic plc

9.2.3. Omron Healthcare Co., Ltd.

9.2.4. Biotelemetry, Inc.

9.2.5. Apple Inc.

9.2.6. GE Healthcare

9.2.7. Abbott Laboratories

9.2.8. Dexcom, Inc.

9.2.9. iRhythm Technologies, Inc.

9.2.10. Masimo Corporation

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

TABLE 1. GLOBAL MEDICAL WEARABLES MARKET, REPORT SCOPE

TABLE 2. GLOBAL MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY REGION 2017-2027 (USD BILLION)

TABLE 3. GLOBAL MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY DEVICE TYPE 2017-2027 (USD BILLION)

TABLE 4. GLOBAL MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY PRODUCT 2017-2027 (USD BILLION)

TABLE 5. GLOBAL MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY END-USER 2017-2027 (USD BILLION)

TABLE 6. GLOBAL MEDICAL WEARABLES MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 7. GLOBAL MEDICAL WEARABLES MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 8. GLOBAL MEDICAL WEARABLES MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 9. GLOBAL MEDICAL WEARABLES MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 10. GLOBAL MEDICAL WEARABLES MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 11. GLOBAL MEDICAL WEARABLES MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 12. GLOBAL MEDICAL WEARABLES MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 13. GLOBAL MEDICAL WEARABLES MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 14. GLOBAL MEDICAL WEARABLES MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 15. GLOBAL MEDICAL WEARABLES MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 16. U.S. MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 17. U.S. MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 18. U.S. MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 19. CANADA MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 20. CANADA MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 21. CANADA MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 22. UK MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 23. UK MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 24. UK MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 25. GERMANY MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 26. GERMANY MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 27. GERMANY MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 28. ROE MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 29. ROE MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 30. ROE MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 31. CHINA MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 32. CHINA MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 33. CHINA MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 34. INDIA MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 35. INDIA MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 36. INDIA MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 37. JAPAN MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 38. JAPAN MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 39. JAPAN MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 40. ROAPAC MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 41. ROAPAC MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 42. ROAPAC MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 43. BRAZIL MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 44. BRAZIL MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 45. BRAZIL MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 46. MEXICO MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 47. MEXICO MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 48. MEXICO MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 49. ROLA MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 50. ROLA MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 51. ROLA MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 52. ROW MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)

TABLE 53. ROW MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 54. ROW MEDICAL WEARABLES MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)

TABLE 55. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL MEDICAL WEARABLES MARKET

TABLE 56. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL MEDICAL WEARABLES MARKET

TABLE 57. YEARS CONSIDERED FOR THE STUDY

TABLE 58. EXCHANGE RATES CONSIDERED

 
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