+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Wearable Medical Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • ID: 5181492
  • Report
  • October 2020
  • Region: Global
  • 141 pages
  • IMARC Group

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • Abbott Laboratories
  • Apple Inc.
  • Dexcom Inc.
  • Fitbit Inc. (Google LLC)
  • Garmin Ltd.
  • Koninklijke Philips N.V.
  • MORE
The global wearable medical devices market grew at a CAGR of around 22% during 2014-2019. Wearable medical devices refer to various instruments that are non-invasively attached to the body for monitoring the patient’s health. It includes multiple diagnostic devices, such as vital signs, glucose, sleep, fetal, obstetric and neuromonitoring devices, along with numerous therapeutic devices for pain management, rehabilitation and respiratory therapy. These devices consist of biosensors, controllers, power source and software systems for data acquisition, interpretation, transfer and storage. They can be worn as an accessory, incorporated in clothing or used as an implant. They are used regularly for accurate measurement of the patient’s vital stats and predicting epileptic seizures and heart problems, which can further aid in enhancing comfort and providing timely clinical interventions to the patient.

Significant growth in the healthcare infrastructure, along with the increasing prevalence of chronic medical ailments, represents one of the key factors creating a positive outlook for the market growth. Furthermore, as the coronavirus disease (COVID-19) pandemic continues to spread across the globe, there has been a significant increase in the demand for wearable medical devices in healthcare centers. These devices have immense applicability for monitoring, providing feedback, rehabilitation, disease management and suggesting adequate treatment. This, in turn, is aiding individuals to keep a regular check of their health concerns and address them in a timely manner. Additionally, various technological advancements, such as the development of the internet of things (IoT)-integrated smartwatches, patches and smart clothing, are acting as other growth-inducing factors. These technologies ensure accurate storing and monitoring of patient information, both on-premises and remotely. Other factors, including the rising geriatric population, along with increasing expenditure capacities of consumers on health management technologies, are anticipated to drive the market further. Looking forward, the publisher expects the global wearable medical devices market to continue its strong growth during the next five years.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global wearable medical devices market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, device type, product, application and distribution channel.

Breakup by Device Type:
  • Diagnostic Devices
  • Vital Sign Monitoring
  • Sleep Monitoring
  • Electrocardiographs and Obstetric Devices
  • Neuromonitoring Devices
  • Therapeutic Devices
  • Pain Management Devices
  • Insulin Delivery Devices
  • Rehabilitation Devices
  • Respiratory Therapy Devices
Breakup by Product:
  • Activity Monitors
  • Smartwatches
  • Patches
  • Smart Clothing
  • Hearing Aids
  • Others
Breakup by Application:
  • Sports and Fitness
  • Remote Patient Monitoring
  • Home Healthcare
Breakup by Distribution Channel:
  • Offline
  • Online
Breakup by Region:
  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa
Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Abbott Laboratories, Apple Inc., Dexcom Inc., Fitbit Inc. (Google LLC), Garmin Ltd., Honeywell International Inc., Koninklijke Philips N.V., Medtronic Plc, Omron Corporation and Vital Connect Inc.

Key Questions Answered in This Report:
  • How has the global wearable medical devices market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global wearable medical devices market?
  • What are the key regional markets?
  • What is the breakup of the market based on the device type?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global wearable medical devices market and who are the key players?
  • What is the degree of competition in the industry?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Abbott Laboratories
  • Apple Inc.
  • Dexcom Inc.
  • Fitbit Inc. (Google LLC)
  • Garmin Ltd.
  • Koninklijke Philips N.V.
  • MORE
1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Wearable Medical Devices Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Device Type
6.1 Diagnostic Devices
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Vital Sign Monitoring Devices
6.1.2.2 Sleep Monitoring Devices
6.1.2.3 Electrocardiographs and Obstetric Devices
6.1.2.4 Neuromonitoring Devices
6.1.3 Market Forecast
6.2 Therapeutic Devices
6.2.1 Market Trends
6.2.2 Major Types
6.2.2.1 Pain Management Devices
6.2.2.2 Insulin Delivery Devices
6.2.2.3 Rehabilitation Devices
6.2.2.4 Respiratory Therapy Devices
6.2.3 Market Forecast

7 Market Breakup by Product
7.1 Activity Monitors
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Smartwatches
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Patches
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Smart Clothing
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Hearing Aids
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast

8 Market Breakup by Application
8.1 Sports and Fitness
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Remote Patient Monitoring
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Home Healthcare
8.3.1 Market Trends
8.3.2 Market Forecast

9 Market Breakup by Distribution Channel
9.1 Offline
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Online
9.2.1 Market Trends
9.2.2 Market Forecast

10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast

11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Abbott Laboratories
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Apple Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Dexcom Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Fitbit Inc. (Google LLC)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.5 Garmin Ltd.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Honeywell International Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Koninklijke Philips N.V.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Medtronic plc
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Omron Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Vital Connect Inc.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio

List of Figures
Figure 1: Global: Wearable Medical Devices Market: Major Drivers and Challenges
Figure 2: Global: Wearable Medical Devices Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Wearable Medical Devices Market: Breakup by Device Type (in %), 2019
Figure 4: Global: Wearable Medical Devices Market: Breakup by Product (in %), 2019
Figure 5: Global: Wearable Medical Devices Market: Breakup by Application (in %), 2019
Figure 6: Global: Wearable Medical Devices Market: Breakup by Distribution Channel (in %), 2019
Figure 7: Global: Wearable Medical Devices Market: Breakup by Region (in %), 2019
Figure 8: Global: Wearable Medical Devices Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 9: Global: Wearable Medical Devices (Diagnostic Devices) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: Global: Wearable Medical Devices (Diagnostic Devices) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: Global: Wearable Medical Devices (Therapeutic Devices) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: Global: Wearable Medical Devices (Therapeutic Devices) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Global: Wearable Medical Devices (Activity Monitors) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: Global: Wearable Medical Devices (Activity Monitors) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: Global: Wearable Medical Devices (Smartwatches) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: Global: Wearable Medical Devices (Smartwatches) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: Global: Wearable Medical Devices (Patches) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: Global: Wearable Medical Devices (Patches) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Global: Wearable Medical Devices (Smart Clothing) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: Global: Wearable Medical Devices (Smart Clothing) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Global: Wearable Medical Devices (Hearing Aids) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: Global: Wearable Medical Devices (Hearing Aids) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Global: Wearable Medical Devices (Other Product Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: Global: Wearable Medical Devices (Other Product Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Wearable Medical Devices (Sports and Fitness) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: Global: Wearable Medical Devices (Sports and Fitness) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: Global: Wearable Medical Devices (Remote Patient Monitoring) Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: Global: Wearable Medical Devices (Remote Patient Monitoring) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: Global: Wearable Medical Devices (Home Healthcare) Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: Global: Wearable Medical Devices (Home Healthcare) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: Global: Wearable Medical Devices (Offline Distribution) Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: Global: Wearable Medical Devices (Offline Distribution) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: Global: Wearable Medical Devices (Online Distribution) Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: Global: Wearable Medical Devices (Online Distribution) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: North America: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: North America: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: United States: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: United States: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: Canada: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 40: Canada: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: Asia Pacific: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: Asia Pacific: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: China: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 44: China: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: Japan: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: Japan: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 47: India: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 48: India: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 49: South Korea: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 50: South Korea: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 51: Australia: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 52: Australia: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 53: Indonesia: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 54: Indonesia: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 55: Others: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 56: Others: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 57: Europe: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 58: Europe: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 59: Germany: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 60: Germany: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 61: France: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 62: France: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 63: United Kingdom: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: United Kingdom: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 65: Italy: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 66: Italy: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 67: Spain: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 68: Spain: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 69: Russia: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 70: Russia: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 71: Others: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 72: Others: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 73: Latin America: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 74: Latin America: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 75: Brazil: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 76: Brazil: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 77: Mexico: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 78: Mexico: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 79: Others: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 80: Others: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 81: Middle East and Africa: Wearable Medical Devices Market: Sales Value (in Million US$), 2014 & 2019
Figure 82: Middle East and Africa: Wearable Medical Devices Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 83: Global: Wearable Medical Devices Industry: SWOT Analysis
Figure 84: Global: Wearable Medical Devices Industry: Value Chain Analysis
Figure 85: Global: Wearable Medical Devices Industry: Porter’s Five Forces Analysis

List of Tables
Table 1: Global: Wearable Medical Devices Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Wearable Medical Devices Market Forecast: Breakup by Device Type (in Million US$), 2020-2025
Table 3: Global: Wearable Medical Devices Market Forecast: Breakup by Product (in Million US$), 2020-2025
Table 4: Global: Wearable Medical Devices Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 5: Global: Wearable Medical Devices Market Forecast: Breakup by Distribution Channel (in Million US$), 2020-2025
Table 6: Global: Wearable Medical Devices Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 7: Global: Wearable Medical Devices Market Structure
Table 8: Global: Wearable Medical Devices Market: Key Players
Note: Product cover images may vary from those shown
  • Abbott Laboratories
  • Apple Inc.
  • Dexcom Inc.
  • Fitbit Inc. (Google LLC)
  • Garmin Ltd.
  • Honeywell International Inc.
  • Koninklijke Philips N.V.
  • Medtronic Plc
  • Omron Corporation
  • Vital Connect Inc.
Note: Product cover images may vary from those shown

Loading
LOADING...

Adroll
adroll