Medical Wearable Market: A Deep Dive into the Industry's Key Applications and Technologies
The global Medical Wearable Market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Medical Wearable Market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Medical Wearable Market.
The global Medical Wearable Market is forecasted to be worth USD 34.89 Billion by 2027. An increase in the infiltration of smartphones, along with a rise in the number of smartphone-based healthcare applications, is driving the market for the medical wearables market. Moreover, the preference of healthcare providers for wireless connectivity and surge in the incidence of diseases, such as diabetes, chronic pain, obesity, hypertension, chronic obstructive pulmonary disease, and cardiac disorders, will boost the market growth.
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The self-monitoring medical wearable devices will witness lucrative growth. The surge in the incidence of cardiac diseases and chronic diseases will impact the market positively. An increase in the penetration of 4G networks and growing demand for 5G connection will also augment the demand for the market.
Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key participants include Koninklijke Philips N.V., Medtronic Plc, Omron Healthcare Co., Ltd., Biotelemetry, Inc., Apple, Inc., GE Healthcare, Abbott Laboratories, Dexcom, Inc., Irhythm Technologies, Inc., and Masimo Corporation, among others.
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Highlights of Table of Contents (TOC):
Overview of Global Medical Wearable Market
Competitive analysis of the Medical Wearable market
Regional analysis of Global Medical Wearable market production and revenue
Regional analysis of Global Medical Wearable market supply, consumption, and export & import
Type-based market analysis of global Medical Wearable production, revenue, and price trends
Application-based analysis of the global Medical Wearable market
Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Medical Wearable market
Global Medical Wearable market forecast (2020-2027)
Conclusion of the research report
Appendix
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The global Medical Wearable market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Medical Wearable market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Medical Wearable market.
Emergen Research has segmented into the global Medical Wearable Market on the product, device type, end-user, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
- Patches
- Wristband and Activity Monitors
- Smartwatches
- Others (Clothing, glasses, others)
Device Type Outlook (Revenue, USD Billion; 2017-2027)
- Vital Signs Monitoring Devices
- ECG /Holter Heart Rate Monitors
- Pulse Oximeters
- Blood Pressure Monitors
- Multiparameter Trackers
- Glucose Monitoring Devices
- Sleep Apnea Monitors
- Fetal Monitoring Devices
- Neurological Monitoring Devices
End-User Outlook (Revenue, USD Billion; 2017-2027)
- Hospitals & Clinics
- Nursing Homes, Assisted Living Facilities, Long-term Care Centers
- Home Care Settings
- Ambulatory Care Centers
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Medical Wearable market?
What are the key product types and applications of the Medical Wearable industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Medical Wearable market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Medical Wearable Market by 2027?
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