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Global Wearable Medical Devices Market valued approximately USD 5.8 billion in 2016 is anticipated to grow with a healthy growth rate of more than 17.8% over the forecast period 2017-2025. The market growth is primarily driven by factors such as rising penetration of internet and smartphone, increasing consumer spending, raising awareness for health and fitness products, technological advancements in wearable devices and so on.

The global wearable medical devices market is segmented by type, by distribution channel, by device type, and by the application. On the basis of applications, the market is segmented into sports and fitness, remote patient monitoring, and home health care. Currently, the market is dominated by sports and fitness segment. The market growth for sports and fitness segment is driven by the availability of wide range of products, low cost of these products and increasing awareness among consumers for physical fitness.

Global Wearable Medical Devices MarketThe objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

  • Activity Monitors
  • Smartwatches
  • Smart Clothing
  • Patches

By Distribution Channel:

  • Pharmacies
  • Online Channel
  • Hypermarkets

By Device Type:

  • Diagnostics & Monitoring Devices
    • Vital Signs Monitoring Devices
    • Glucose Monitoring Devices
    • Sleep Monitoring Devices
    • Fatal Monitoring & Obstetric Devices
    • Neuromonitoring Devices
  • Therapeutic Devices
    • Pain Management Devices
    • Rehabilitation Devices
    • Respiratory Therapy Devices
    • Insulin Pumps

By Application:

  • Sports & Fitness
  • Remote Patient Monitoring
  • Home Healthcare

By Regions:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015

Base year – 2016

Forecast period – 2017 to 2025

Some of the key manufacturers involved in the market Fitbit, Philips

Garmin, Lifewatch, Omron, Dragerwerk, Nokia Technologies, Jawbone, Polar Electro, World Global Network, Activeinsights, Vitalconnect, Xiaomi, Misfit, Monica Healthcare Frequent cross-industry partnerships are leading to market consolidation.

Target Audience of the Global Wearable Medical Devices Market in Market Study:

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers (VARs)
  • Third-party knowledge providers
  • Investment bankers
  • Investors

Chapter 1.      Global Wearable Medical Devices Market Definition and Scope

1.1.      Research Objective

1.2.      Market Definition

1.3.      Scope of The Study

1.4.      Years Considered for The Study

1.5.      Currency Conversion Rates

1.6.      Report Limitation

Chapter 2.      Research Methodology

2.1.      Research Process

2.1.1.   Data Mining

2.1.2.   Analysis

2.1.3.   Market Estimation

2.1.4.   Validation

2.1.5.   Publishing

2.2.      Research Assumption

Chapter 3.      Executive Summary

3.1.      Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)

3.2.      Key Trends

Chapter 4.      Global Wearable Medical Devices Market Dynamics

4.1.      Growth Prospects

4.1.1.   Drivers

4.1.2.   Restraints

4.1.3.   Opportunities

4.2.      Industry Analysis

4.2.1.   Porter’s 5 Force Model

4.2.2.   PEST Analysis

4.2.3.   Value Chain Analysis

4.3.      Analyst Recommendation & Conclusion

Chapter 5.      Global Wearable Medical Devices Market, By Type

5.1.      Market Snapshot

5.2.      Market Performance – Potential Model

5.3.      Global Wearable Medical Devices Market, Sub Segment Analysis

5.3.1.   Activity Monitors

5.3.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.1.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.2.   Smartwatches

5.3.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.2.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.3.   Smart Clothing

5.3.3.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.3.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.4.   Patches

5.3.4.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.4.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

 Chapter 6.      Global Wearable Medical Devices Market, By Distribution Channel

6.1.      Market Snapshot

6.2.      Market Performance – Potential Model

6.3.      Global Wearable Medical Devices Market, Sub Segment Analysis

6.3.1.   Pharmacies

6.3.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.1.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.2.   Online Channel

6.3.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.2.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.3.   Hypermarkets

6.3.3.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.3.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 7.      Global Wearable Medical Devices Market, By Device Type

7.1.      Market Snapshot

7.2.      Market Performance – Potential Model

7.3.      Global Wearable Medical Devices Market, Sub Segment Analysis

7.3.1.   Diagnostic & Monitoring Devices

7.3.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.1.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.1.3.            Diagnostics & Monitoring Device Sub-Segments estimates & forecast, 2015-2025 (USD Billion)

7.3.1.3.1.         Vital Signs Monitoring Devices

7.3.1.3.2.         Glucose Monitoring Devices

7.3.1.3.3.         Sleep Monitoring Devices

7.3.1.3.4.         Fatal Monitoring & Obstetric Devices

7.3.1.3.5.         Neuromonitoring Devices

7.3.2.   Therapeutic Devices

7.3.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.2.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.2.3.            Therapeutic Devices Sub-Segments estimates & forecasts,2015-2025 (USD Billion)

7.3.2.3.1.         Pain Management Devices

7.3.2.3.2.         Rehabilitation Devices

7.3.2.3.3.         Respiratory Therapy Devices

7.3.2.3.4.         Insulin Pumps

Chapter 8.      Global Wearable Medical Devices Market, By Application

8.1.      Market Snapshot

8.2.      Market Performance – Potential Model

8.3.      Global Wearable Medical Devices Market, Sub Segment Analysis

8.3.1.   Sports & Fitness

8.3.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.3.1.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.2.   Remote Patient Monitoring

8.3.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.3.2.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.3.   Home Healthcare

8.3.3.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.3.3.2.            Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 9.      Global Wearable Medical Devices Market, by Regional Analysis

9.1.      Wearable Medical Devices Market, Regional Market Snapshot (2015-2025)

9.2.      North America Wearable Medical Devices Market Snapshot

9.2.1.   U.S.

9.2.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

9.2.1.2.            Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.2.1.3.            Distribution Channel breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.2.1.4.            Device Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.2.1.5.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.2.2.   Canada

9.2.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

9.2.2.2.            Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.2.2.3.            Distribution Channel breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.2.2.4.            Device Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.2.2.5.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.      Europe Wearable Medical Devices Market Snapshot

9.3.1.   U.K.

9.3.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

9.3.1.2.            Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.1.3.            Distribution Channel breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.1.4.            Device Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.1.5.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.2.   Germany

9.3.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

9.3.2.2.            Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.2.3.            Distribution Channel breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.2.4.            Device Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.2.5.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.3.   France

9.3.3.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

9.3.3.2.            Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.3.3.            Distribution Channel breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.3.4.            Device Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.3.5.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.3.4.   Rest of Europe

9.4.      Asia Wearable Medical Devices Market Snapshot

9.4.1.   China

9.4.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

9.4.1.2.            Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.1.3.            Distribution Channel breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.1.4.            Device Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.1.5.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.2.   India

9.4.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

9.4.2.2.            Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.2.3.            Distribution Channel breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.2.4.            Device Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.2.5.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.3.   Japan

9.4.3.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

9.4.3.2.            Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.3.3.            Distribution Channel breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.3.4.            Device Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.3.5.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.4.   Rest of Asia Pacific

9.4.4.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

9.4.4.2.            Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.4.3.            Distribution Channel breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.4.4.            Device Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.4.4.5.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.      Latin America Wearable Medical Devices Market Snapshot

9.5.1.   Brazil

9.5.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

9.5.1.2.            Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.1.3.            Distribution Channel breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.1.4.            Device Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.1.5.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.2.   Mexico

9.5.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

9.5.2.2.            Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.2.3.            Distribution Channel breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.2.4.            Device Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.5.2.5.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.      Rest of The World

9.6.1.   South America

9.6.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

9.6.1.2.            Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.1.3.            Distribution Channel breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.1.4.            Device Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.1.5.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.2.   Middle East and Africa

9.6.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

9.6.2.2.            Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.2.3.            Distribution Channel breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.2.4.            Device Type breakdown estimates & forecasts, 2015-2025 (USD Billion)

9.6.2.5.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion) 

Chapter 10.    Competitive Intelligence

10.1.    Company Market Share (Subject to Data Availability)

10.2.    Top Market Strategies

10.3.    Company Profiles

10.3.1. Fitbit

10.3.1.1.          Overview

10.3.1.2.          Financial (Subject to Data Availability)

10.3.1.3.          Product Summary

10.3.1.4.          Recent Developments

10.3.2. Philips

10.3.3. Garmin

10.3.4. Lifewatch

10.3.5. Omron

10.3.6. Dragerwerk

10.3.7. Nokia Technologies

10.3.8. Jawbone

10.3.9. Polar Electro

10.3.10.           World Global Network

10.3.11.           Activeinsights

10.3.12.           Vitalconnect

10.3.13.           Xiaomi

10.3.14.           Misfit

10.3.15.           Monica Healthcare

 

The research for Global Wearable Medical Devices Market focuses deeply on the entire value chain of the market. However, the market size estimates are purely based on the consumer side of the value chain wherein the market sizes have been calculated by analyzing the average demand across various application such as sports and fitness, remote patient monitoring, and home healthcare.

The revenue for Global Wearable Medical Devices Market is calculated as sum market sizes of different segments such as application and regions. The market revenue is calculated by bottom up approach, thereby summing up the revenues from various types of wearable devices. Further, some other key data points considered to calculate the revenue for Global Wearable Medical Devices Market include:

  • Revenues from key companies
  • Key company market share analysis
  • Consumer spending analysis
  • Sales revenue generated by various end-use in different geographies

An extensive primary and secondary research has been conducted on key industry people, through questionnaires, telephonic conversations, email conversations, and interviews to verify the market estimations. Various government websites/portals and paid data sources are considered as a key source of secondary research.

We utilize a combination of bottom-up & top-down methodology for market estimations & forecasts. Additionally, we employ data triangulation techniques to verify each of the market estimates and forecasts through primary interviews and feedbacks.

All the estimates are derived from simulation models which is our proprietary technique. Each of these models is different from each other are a combination of correlation, regression and time series analysis. Each of these models is basically divided into two types namely economic and technological. Economical models are used to determine short-term market estimates and technological models are used for long-term estimates & forecasts. 


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