Global Diagnostic Wearable Medical Devices Market 2016-2020

  • ID: 3769399
  • Report
  • Region: Global
  • 77 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Basis Science
  • Drägerwerk
  • Fitbit
  • Intelesens
  • Medtronic
  • Omron Healthcare
  • MORE
About the Diagnostic Wearable Medical Devices Market

Diagnostic wearable medical devices are used to monitor, control, and track an individual's vital signs at regular intervals. These devices are connected to an individual’s body for the measurement of certain physiological information. They are available in the form of eyeglasses, watch, clothing, jewelry, and contact lenses. Diagnostic wearable medical devices monitor physiological data through remote or wireless communication and transmit this information to medical professionals or the user. These are autonomous, non-invasive devices that help assess specific medical functions such as blood pressure, body temperature, respiratory rate, glucose quantity, heart rate, and blood oxygen saturation. These devices also help determine parameters such as the heart rate, muscle activity, and calories burned during exercise and activities such as walking and jogging.

The analysts forecast the global diagnostic wearable medical devices market to grow at a CAGR of 14.01% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global diagnostic wearable medical devices market for 2016-2020. To calculate the market size, the report considers the revenue generated by the following five major segments and three applications.

Segments type:
- Vital signs monitors
- Sleep and activity monitors
- Fetal and obstetric devices
- Neuromonitoring devices
- Electrocardiogram (ECG) monitors

Application type:
- Sports and fitness
- Remote patient monitoring
- Home healthcare

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Diagnostic Wearable Medical Devices Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Cleveland Medical Device
- Fitbit
- Medtronic
- Omron Healthcare
- Polar Electro

Other prominent vendors
- Drägerwerk
- Everist Genomics
- Gentag
- Intelesens
- LifeWatch
- Nuubo
- Philips Healthcare
- ResMed
- Vital Connect
- WinMedical

Market drivers
- Growing demand for early diagnosis and preventive medicine

Market challenges
- Data privacy issues

Market trends
- Increasing innovations in diagnostic wearable medical devices

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Basis Science
  • Drägerwerk
  • Fitbit
  • Intelesens
  • Medtronic
  • Omron Healthcare
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
  • History of wearable medical devices
  • Applications of wearable medical devices
  • Technologies in diagnostic wearable medical devices
  • Advantages of diagnostic wearable medical devices
  • Common design challenges for a diagnostic wearable medical device
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by device type
  • Vital signs monitors
  • Sleep and activity monitors
  • Fetal and obstetric monitoring devices
  • Neuromonitoring devices
  • ECG monitors
PART 07: Market segmentation by application
  • Sports and fitness
  • Remote patient monitoring
  • Home healthcare
PART 08: Geographical segmentation
  • Diagnostic wearable medical devices market in Americas
  • Diagnostic wearable medical devices market in EMEA
  • Diagnostic wearable medical devices market in APAC
PART 09: Market drivers
  • Growing demand for early diagnosis and preventive medicine
  • Increasing prevalence of chronic diseases
  • Increased need for cost-effective diagnosis
  • Rise in disposable income levels and living standards
  • Growing use of smartphones
PART 10: Impact of drivers

PART 11: Market challenges
  • Data privacy issues
  • Growing design constraints
  • Low compliance of diagnostic wearable medical devices
  • Stringent regulatory environment
  • Intense competition among vendors
PART 12: Impact of drivers and challenges

PART 13: Market trends
  • Emergence of innovative diagnostic wearable medical devices
  • Growing trend of new technology platforms in diagnostic wearables
  • Miniaturization of diagnostic wearable medical devices
  • Strategic acquisitions
  • Increase in online purchasing
PART 14: Vendor landscape
  • Competitive scenario
  • Key news
PART 15: Key vendor analysis
  • Cleveland Medical Device
  • Fitbit
  • Medtronic
  • Omron Healthcare
  • Polar Electro
  • Other prominent vendors
PART 16: Appendix
  • List of abbreviations
PART 17: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Applications of wearable medical devices
Exhibit 03: Working mechanism of a diagnostic wearable medical device
Exhibit 04: Global diagnostic wearable medical devices market 2015-2020 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global diagnostic wearable medical devices market segmentation by device type
Exhibit 07: Global diagnostic wearable medical devices market segmentation by device type 2015
Exhibit 08: Global diagnostic wearable medical devices market segmentation by device type 2020
Exhibit 09: Vital signs monitor categories
Exhibit 10: Examples of diagnostic wearable vital signs monitors
Exhibit 11: Global diagnostic wearable vital signs monitoring devices market 2015-2020 ($ billions)
Exhibit 12: Examples of sleep and activity monitoring diagnostic wearable medical devices
Exhibit 13: Global diagnostic wearable sleep and activity monitoring devices market 2015-2020 ($ billions)
Exhibit 14: Examples of fetal and obstetric diagnostic wearable devices
Exhibit 15: Global diagnostic wearable fetal and obstetric monitoring devices market 2015-2020 ($ millions)
Exhibit 16: Neuromonitoring devices
Exhibit 17: Examples of neuromonitoring diagnostic wearable devices
Exhibit 18: Global diagnostic wearable neuromonitoring devices market 2015-2020 ($ millions)
Exhibit 19: Global diagnostic wearable ECG monitoring devices market 2015-2020 ($ millions)
Exhibit 20: Global diagnostic wearable medical devices market by product type 2015-2020 ($ millions)
Exhibit 21: Global diagnostic wearable medical devices market by product type 2015-2020
Exhibit 22: Global diagnostic wearable medical devices market by application
Exhibit 23: Examples for sports and fitness application
Exhibit 24: Examples for remote patient monitoring application
Exhibit 25: Examples for home healthcare applications
Exhibit 26: Segmentation of global diagnostic wearable medical devices market by geography 2015
Exhibit 27: Segmentation of global diagnostic wearable medical devices market by geography 2020
Exhibit 28: Diagnostic wearable medical devices market in Americas 2015-2020 ($ billions)
Exhibit 29: Diagnostic wearable medical devices market in EMEA 2015-2020 ($ millions)
Exhibit 30: Diagnostic wearable medical devices market in APAC 2015-2020 ($ millions)
Exhibit 31: Global diagnostic wearable medical devices market by geography 2015-2020 ($ millions)
Exhibit 32: Global diagnostic wearable medical devices market by geography 2015-2020
Exhibit 33: Impact of drivers
Exhibit 34: Impact of drivers and challenges
Exhibit 35: Few M&A in global diagnostic wearable medical devices market
Exhibit 36: Cleveland Medical Device: Key takeaways
Exhibit 37: Fitbit: Key takeaways
Exhibit 38: Medtronic: Cardiac and vascular group revenue 2013-2015 ($ billions)
Exhibit 39: Medtronic: Key takeaways
Exhibit 40: Omron Healthcare: Sales by product type 2015
Exhibit 41: Omron Healthcare: Key takeaways
Exhibit 42: Polar Electro: Key takeaways
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Basis Science
  • Drägerwerk
  • Fitbit
  • Intelesens
  • Medtronic
  • Omron Healthcare
  • MORE
New Report Released: - Global Diagnostic Wearable Medical Devices Market 2016-2020

The author of the report recognizes the following companies as the key players in the global diagnostic wearable medical devices market: Cleveland Medical Device, Fitbit, Medtronic, Omron Healthcare, and Polar Electro.

Other Prominent Vendors in the market are: Basis Science, Drägerwerk, Everist Genomics, Gentag, Intelesens, LifeWatch, Nuubo, Philips Healthcare, ResMed, Vital Connect, and WinMedical.

Commenting on the report, an analyst from the research team said: “A trend which is already making an impact on the market is the emergence of innovative diagnostic wearable medical devices. Companies are increasingly adopting new technologies to meet the growing consumer needs. Consumers are looking for additional applications, indications, and easy usability. Therefore, companies are focusing on improving the features, diagnosis, and outcomes. For instance, Phillips has launched a new wearable diagnostic device for individuals suffering from chronic obstructive pulmonary disease.”

According to the report, a key growth driver is the growing demand for early diagnosis and preventive medicine. Diagnostic wearable devices enable individuals to obtain real-time data, thus allowing them to track their health status. These devices include biosensing cloth, vital signs monitors, neuromonitoring devices, sensor-embedded equipment, wristband devices for sports and fitness, and sleep rate monitoring devices. For example, biosensing clothing such as Heddoko and Hexoskin allow users to know exactly in which part of the body high pressure is being exerted.

Further, the report states that one challenge that could restrict market growth is data privacy issues. Diagnostic wearable medical devices involve the transfer of individual's health data to healthcare providers, which poses several privacy issues. The implications of giving up one's health data are huge. These devices share an enormous amount of data associated with personal health and fitness to an unquantifiable audience.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
- Cleveland Medical Device
- Fitbit
- Medtronic
- Omron Healthcare
- Polar Electro
- Basis Science
- Drägerwerk
- Everist Genomics
- Gentag
- Intelesens
- LifeWatch
- Nuubo
- Philips Healthcare
- ResMed
- Vital Connect
- WinMedical.
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll