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World Wearable Medical Devices (Home Healthcare) Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3773062
  • Report
  • September 2019
  • Region: Global
  • Allied Analytics LLP
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Wearable medical devices are handheld monitoring tools used in identification and monitoring of disease. Due to the Increase in chronic diseases, patients are opting home healthcare as a cost effective and efficient way of treatment, rather than hospital services. Medical device market accounted for $240 billion in 2013. However, increase in incidence of chronic diseases restricts the growth of wearable medical device market. Neurological diseases in people have increased to 7.2% in urban areas, causing hurdles for monitoring through wearable medical devices.

Wearable medical devices are facing challenges in providing cost effective monitoring to patients suffering from chronic disease such as Cancer and other blood diseases. This report focuses on different segments, current trends available in the market and provides forecasted intelligence about future market growth. The forecasted market growth in this report is from 2013-2020.

Key players in this market includes; Nuubo, Omron Corporation, Zephyr Technology Corporation, Basis Science, Inc., Corventis, Inc., LifeWatch AG, Polar Electro, Withings, Intelesens Ltd., Fitbit, Inc.

KEY BENEFITS

Key developmental strategies adopted by top market players engaged in this business to provide better understanding of potential opportunities and challenges in this market.
Market estimation for application, device and geographic segment is derived from current market scenario and expected market trends.
The report provides for in-depth understanding of the market scenarios in various geographic regions so that key players can make plans to explore opportunities in specific regions
In depth analysis of key drivers, restraints and opportunities of wearable medical devices market with impact analysis
Value chain analysis, Porter’s five forces model, top investment pockets (GE9 Cell Matrix) are analyzed and presented in detail in the report

KEY MARKET SEGMENTS

BY DEVICES

Pain management devices
Glucose monitoring devices
Respiratory Therapy devices

BY APPLICATIONS

Home healthcare
Remote Patient Monitoring
Sports and Fitness

BY GEOGRAPHY

North America
Europe
Asia-pacific
ROW

KEY AUDIENCES

Health care device manufacturing companies
Pharmaceutical companies
Research institutes private and government



* This report will be delivered in 12 Business Days. *
Note: Product cover images may vary from those shown
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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