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Global Wearable Medical Devices Market 2020-2024

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    Report

  • 120 Pages
  • January 2020
  • Region: Global
  • TechNavio
  • ID: 4894475
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Global Wearable Medical Devices Market 2020-2024

The publisher has been monitoring the global wearable medical devices market and it is poised to grow by USD 10.24 bn during 2020-2024, progressing at a CAGR of 10% during the forecast period. The report on the global wearable medical devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of chronic diseases. In addition, emergence of innovative wearable medical devices is anticipated to boost the growth of the global wearable medical devices market as well.

Market Segmentation

Global wearable medical devices market is segmented as below:

Application:
  • Therapeutic Medical Devices
  • Diagnostic And Monitoring Medical Devices.

Geographic Segmentation:
  • North America
  • Europe
  • Asia
  • ROW

Key Trends for the global wearable medical devices market growth

This study identifies emergence of innovative wearable medical devices as the prime reasons driving the global wearable medical devices market growth during the next few years.

Prominent vendors in global wearable medical devices market

The publisher provides a detailed analysis of around 25 vendors operating in the global wearable medical devices market, including some of the vendors such as Alphabet Inc., Apple Inc., BioTelemetry Inc., Demant AS, Garmin Ltd., General Electric Co., Koninklijke Philips NV, Medtronic Plc, OMRON Corp. and Sonova Group .

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 an analysis of the key vendors.

Table of Contents

Executive Summary
  • Market Overview

Market Landscape
  • Market ecosystem
  • Value chain analysis

Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis
  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application
  • Market segments
  • Comparison by Application placement
  • Therapeutic medical devices - Market size and forecast 2019-2024
  • Diagnostic and monitoring medical devices - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer landscape
  • Overview

Geographic Landscape
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • Asia - Market size and forecast 2019-2024
  • ROW - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends
  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape
  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • Alphabet Inc.
  • Apple Inc.
  • BioTelemetry Inc.
  • Demant AS
  • Garmin Ltd.
  • General Electric Co.
  • Koninklijke Philips NV
  • Medtronic Plc
  • OMRON Corp.
  • Sonova Group

Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits
1. Key Finding 1
2. Key Finding 2
3. Key Finding 3
4. Key Finding 4
5. Key Finding 5
6. Key Finding 6
7. Key Finding 7
8. Market in focus
9. Parent market
10. Market characteristics
11. Product / Service portfolio of key vendors included in the market definition
12. Market segments
13. Global - Market size and forecast 2019 - 2024 ($ billion)
14. Global market: Year-over-year growth 2019 - 2024 (%)
15. Five forces analysis 2019 & 2024
16. Bargaining power of buyers
17. Bargaining power of suppliers
18. Threat of new entrants
19. Threat of substitutes
20. Threat of rivalry
21. Market condition - Five forces 2019
22. Application placement - Market share 2019-2024 (%)
23. Comparison by Application placement
24. Therapeutic medical devices - Market size and forecast 2019-2024 ($ billion)
25. Therapeutic medical devices - Year-over-year growth 2019-2024 (%)
26. Diagnostic and monitoring medical devices - Market size and forecast 2019-2024 ($ billion)
27. Diagnostic and monitoring medical devices - Year-over-year growth 2019-2024 (%)
28. Market opportunity by Application
29. Customer landscape
30. Market share by geography 2019-2024 (%)
31. Geographic comparison
32. North America - Market size and forecast 2019-2024 ($ billion)
33. North America - Year-over-year growth 2019-2024 (%)
34. Europe - Market size and forecast 2019-2024 ($ billion)
35. Europe - Year-over-year growth 2019-2024 (%)
36. Asia - Market size and forecast 2019-2024 ($ billion)
37. Asia - Year-over-year growth 2019-2024 (%)
38. ROW - Market size and forecast 2019-2024 ($ billion)
39. ROW - Year-over-year growth 2019-2024 (%)
40. Key leading countries
41. Market opportunity by geography ($ billion)
42. Impact of drivers
43. Impact of challenges
44. Landscape disruption
45. Industry risks
46. Vendors covered
47. Market positioning of vendors
48. Alphabet Inc. - Overview (1/3)
49. Alphabet Inc. - Overview (2/3)
50. Alphabet Inc. - Overview (3/3)
51. Alphabet Inc. - Business segments
52. Alphabet Inc. - Key offerings
53. Alphabet Inc. - Key customers
54. Alphabet Inc. - Segment focus
55. Apple Inc. - Overview (1/3)
56. Apple Inc. - Overview (2/3)
57. Apple Inc. - Overview (3/3)
58. Apple Inc. - Business segments
59. Apple Inc. - Key offerings
60. Apple Inc. - Key customers
61. Apple Inc. - Segment focus
62. BioTelemetry Inc. - Overview (1/3)
63. BioTelemetry Inc. - Overview (2/3)
64. BioTelemetry Inc. - Overview (3/3)
65. BioTelemetry Inc. - Business segments
66. BioTelemetry Inc. - Key offerings
67. BioTelemetry Inc. - Key customers
68. BioTelemetry Inc. - Segment focus
69. Demant AS - Overview (1/3)
70. Demant AS - Overview (2/3)
71. Demant AS - Overview (3/3)
72. Demant AS - Business segments
73. Demant AS - Key offerings
74. Demant AS - Key customers
75. Demant AS - Segment focus
76. Garmin Ltd. - Overview (1/3)
77. Garmin Ltd. - Overview (2/3)
78. Garmin Ltd. - Overview (3/3)
79. Garmin Ltd. - Business segments
80. Garmin Ltd. - Key offerings
81. Garmin Ltd. - Key customers
82. Garmin Ltd. - Segment focus
83. General Electric Co. - Overview (1/3)
84. General Electric Co. - Overview (2/3)
85. General Electric Co. - Overview (3/3)
86. General Electric Co. - Business segments
87. General Electric Co. - Key offerings
88. General Electric Co. - Key customers
89. General Electric Co. - Segment focus
90. Koninklijke Philips NV - Overview (1/3)
91. Koninklijke Philips NV - Overview (2/3)
92. Koninklijke Philips NV - Overview (3/3)
93. Koninklijke Philips NV - Business segments
94. Koninklijke Philips NV - Key offerings
95. Koninklijke Philips NV - Key customers
96. Koninklijke Philips NV - Segment focus
97. Medtronic Plc - Overview (1/3)
98. Medtronic Plc - Overview (2/3)
99. Medtronic Plc - Overview (3/3)
100. Medtronic Plc - Business segments
101. Medtronic Plc - Key offerings
102. Medtronic Plc - Key customers
103. Medtronic Plc - Segment focus
104. OMRON Corp. - Overview (1/3)
105. OMRON Corp. - Overview (2/3)
106. OMRON Corp. - Overview (3/3)
107. OMRON Corp. - Business segments
108. OMRON Corp. - Key offerings
109. OMRON Corp. - Key customers
110. OMRON Corp. - Segment focus
111. Sonova Group - Overview (1/3)
112. Sonova Group - Overview (2/3)
113. Sonova Group - Overview (3/3)
114. Sonova Group - Business segments
115. Sonova Group - Key offerings
116. Sonova Group - Key customers
117. Sonova Group - Segment focus
118. Currency conversion rates for US$
119. Research Methodology
120. Validation techniques employed for market sizing
121. Information sources
122. List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global wearable medical devices market: Alphabet Inc., Apple Inc., BioTelemetry Inc., Demant AS, Garmin Ltd., General Electric Co., Koninklijke Philips NV, Medtronic Plc, OMRON Corp. and Sonova Group.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of innovative wearable medical devices."

According to the report, one of the major drivers for this market is the increasing prevalence of chronic diseases.

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.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Alphabet Inc.
  • Apple Inc.
  • BioTelemetry Inc.
  • Demant AS
  • Garmin Ltd.
  • General Electric Co.
  • Koninklijke Philips NV
  • Medtronic Plc
  • OMRON Corp.
  • Sonova Group