Global Wearable Medical Devices - Procurement Market Intelligence Report

  • ID: 4458563
  • Report
  • Region: Global
  • 94 pages
  • SpendEdge
OFF
1 of 5

FEATURED COMPANIES

  • Alphabet inc.
  • Fitbit
  • Medtronic
  • Nokia health
  • Philips
  • MORE
About Wearable Medical Devices Market

Medical wearable devices are automatic devices which are equipped with sensors to either detect or repair anomalies, as well as represent normal vitals. Such devices can be classified into diagnostic such as pulse oximeters, glucose monitoring devices, sleep or activity detectors, and therapeutic such as hearing aid and insulin pumps. Also, these products have been increasingly used to detect underlying metabolic and physiologic disorders, as well as to maintain normal and healthy functioning of the human body. The market is also witnessing an increase in geriatric population and number of patients with chronic diseases such as diabetes, hypertension, cancer and neurological disorders, further fueling the market growth.

Covered in this report

The report provides actionable insights to improve source-to-contract cycle performance in the Global Wearable Medical Devices Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

The report, Global Wearable Medical Devices Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver
  • The increase in geriatric population and number of patients with chronic diseases
  • For a full, detailed list, view our report
Category constraints
  • Shortages in the supply of raw material due to logistics and operational challenges
  • For a full, detailed list, view our report
Procurement best practices
  • To select an ideal distribution channel
  • For a full, detailed list, view our report
Key questions answered in this report
  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints to category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?
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

  • Alphabet inc.
  • Fitbit
  • Medtronic
  • Nokia health
  • Philips
  • MORE
PART 1: CATEGORY AT A GLANCE
  • TAKEAWAY 01 - Market Overview
  • TAKEAWAY 02 - Demand and Supply Snapshot
  • TAKEAWAY 03 - Key Market Dynamics
  • TAKEAWAY 04 - Supply Market Highlights
  • TAKEAWAY 05 - Pricing Insights
  • TAKEAWAY 06 - Procurement Insights
PART 2: SCOPE OF THE REPORT
  • Category Definition
  • Research Methodology
PART 3: MARKET INSIGHTS
  • Category Spend Analysis
  • Category Maturity by Regions
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Global Generator Production Hubs
  • Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region: Functional Capability Matrix
  • Key Clients/Partners
  • Supplier Cost Breakup
  • Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
  • Pricing Models Snapshot
  • Pricing Models - Pros and Cons
  • Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
  • Major Category Requirements
  • Major Procurement Pain Points
  • Category Sourcing Evolution Matrix
  • Procurement Best Practices
  • Cost-saving Opportunities
  • Supplier Selection Criteria
  • Category Negotiation Strategies
  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
  • Philips
  • Nokia health
  • Medtronic
  • Alphabet inc
  • Fitbit
PART 8: APPENDIX
  • Glossary
  • Key Notes
  • About
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Alphabet inc.
  • Fitbit
  • Medtronic
  • Nokia health
  • Philips
  • MORE
New Report Released: Global Wearable Medical Devices Category - Procurement Market Intelligence Report 2018-2022.

The author of the report recognizes the following companies as the key suppliers in the Global Wearable Medical Devices Category - Procurement Market Intelligence Report: Philips, Nokia health, Medtronic, Alphabet inc., and Fitbit.

Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to select an ideal distribution channel. Direct procurement through suppliers also enables buyers to directly engage with them in the same geographical region for improved negotiation.”

According to the report, one of the key growth contributors for the global wearable medical devices market is the increased mobility and real-time wireless data transfer capabilities when compared with conventional medical devices.

Further, the report states that major procurement challenge experienced by the buyers is the delivery delays and supply shortage.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Note: Product cover images may vary from those shown
5 of 5
  • Philips
  • Nokia health
  • Medtronic
  • Alphabet inc.
  • Fitbit
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll