- November 18, 2019
- Category: Healthcare and LifeSciences, Medical Device and Equipment
Global Wearable Medical Devices Market Size study with COVID Impact, By Type (Activity Monitors, Smartwatches, Smart Clothing, and others) by Distribution Channel (Pharmacies, Online Channel, Hypermarkets) by Device Type (Diagnostics & Monitoring Devices, Therapeutic Devices) by Application (Sports & Fitness, Remote Patient Monitoring, Home Healthcare) and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion) 1.2.1. Wearable Medical Devices Market, by Region, 2018-2027 (USD Billion) 1.2.2. Wearable Medical Devices Market, by Type, 2018-2027 (USD Billion) 1.2.3. Wearable Medical Devices Market, by Distribution Channel, 2018-2027 (USD Billion) 1.2.4. Wearable Medical Devices Market, by Device Type, 2018-2027 (USD Billion) 1.2.5. Wearable Medical Devices Market, by Application, 2018-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Wearable Medical Devices Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Wearable Medical Devices Market Dynamics 3.1. Wearable Medical Devices Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Wearable Medical Devices Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Wearable Medical Devices Market, by Type 5.1. Market Snapshot 5.2. Global Wearable Medical Devices Market by Type, Performance - Potential Analysis 5.3. Global Wearable Medical Devices Market Estimates & Forecasts by Type 2017-2027 (USD Billion) 5.4. Wearable Medical Devices Market, Sub Segment Analysis 5.4.1. Activity Monitors 5.4.2. Smartwatches 5.4.3. Smart Clothing 5.4.4. Others Chapter 6. Global Wearable Medical Devices Market, by Distribution Channel 6.1. Market Snapshot 6.2. Global Wearable Medical Devices Market by Distribution Channel, Performance - Potential Analysis 6.3. Global Wearable Medical Devices Market Estimates & Forecasts by Distribution Channel 2017-2027 (USD Billion) 6.4. Wearable Medical Devices Market, Sub Segment Analysis 6.4.1. Pharmacies 6.4.2. Online Channel 6.4.3. Hypermarkets Chapter 7. Global Wearable Medical Devices Market, by Device Type 7.1. Market Snapshot 7.2. Global Wearable Medical Devices Market by Device Type, Performance - Potential Analysis 7.3. Global Wearable Medical Devices Market Estimates & Forecasts by Device Type 2017-2027 (USD Billion) 7.4. Wearable Medical Devices Market, Sub Segment Analysis 7.4.1. Diagnostics & Monitoring Devices 7.4.2. Therapeutic Devices Chapter 8. Global Wearable Medical Devices Market, by Application 8.1. Market Snapshot 8.2. Global Wearable Medical Devices Market by Application, Performance - Potential Analysis 8.3. Global Wearable Medical Devices Market Estimates & Forecasts by Application2017-2027 (USD Billion) 8.4. Wearable Medical Devices Market, Sub Segment Analysis 8.4.1. Sports & Fitness 8.4.2. Remote Patient Monitoring 8.4.3. Home Healthcare Chapter 9. Global Wearable Medical Devices Market, Regional Analysis 9.1. Wearable Medical Devices Market, Regional Market Snapshot 9.2. North America Wearable Medical Devices Market 9.2.1. U.S. Wearable Medical Devices Market 22.214.171.124. Type breakdown estimates & forecasts, 2017-2027 126.96.36.199. Distribution channel breakdown estimates & forecasts, 2017-2027 188.8.131.52. Device Type breakdown estimates & forecasts, 2017-2027 184.108.40.206. Application breakdown estimates & forecasts, 2017-2027 9.2.2. Canada Wearable Medical Devices Market 9.3. Europe Wearable Medical Devices Market Snapshot 9.3.1. U.K. Wearable Medical Devices Market 9.3.2. Germany Wearable Medical Devices Market 9.3.3. France Wearable Medical Devices Market 9.3.4. Spain Wearable Medical Devices Market 9.3.5. Italy Wearable Medical Devices Market 9.3.6. Rest of Europe Wearable Medical Devices Market 9.4. Asia-Pacific Wearable Medical Devices Market Snapshot 9.4.1. China Wearable Medical Devices Market 9.4.2. India Wearable Medical Devices Market 9.4.3. Japan Wearable Medical Devices Market 9.4.4. Australia Wearable Medical Devices Market 9.4.5. South Korea Wearable Medical Devices Market 9.4.6. Rest of Asia Pacific Wearable Medical Devices Market 9.5. Latin America Wearable Medical Devices Market Snapshot 9.5.1. Brazil Wearable Medical Devices Market 9.5.2. Mexico Wearable Medical Devices Market 9.6. Rest of The World Wearable Medical Devices Market Chapter 10. Competitive Intelligence 10.1. Top Market Strategies 10.2. Company Profiles 10.3. Apple Inc. 10.3.1.1. Key Information 10.3.1.2. Overview 10.3.1.3. Financial (Subject to Data Availability) 10.3.1.4. Summary 10.3.1.5. Recent Developments 10.3.2. Fitbit, Inc 10.3.3. OMRON Corporation 10.3.4. Garmin Ltd. 10.3.5. Kokinkliji Philips N.V. 10.3.6. Medtronic plc 10.3.7. GE Healthcare 10.3.8. Biotelemetry Inc. 10.3.9. Dexcom Inc. 10.3.10. Abbott Laboratories Chapter 11. Research Process 11.1. Research Process 11.1.1. Data Mining 11.1.2. Analysis 11.1.3. Market Estimation 11.1.4. Validation 11.1.5. Publishing 11.2. Research Attributes 11.3. Research Assumption
Global Wearable Medical Devices Market is valued approximately USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.1% over the forecast period 2020-2027. Wearable medical devices are the devices that are attached, worn or handheld devices which monitor and analyze metabolic changes that happen in the body as well as record data. Such devices have always been portable, user-friendly as well as non-invasive devices. Wearable medical devices are used to monitor blood sugar levels, blood pressure levels, heart rate, sleep patterns, sleep apnea disease, skin temperature, etc., creating results in very short time. The increase in the number of patients with chronic medical conditions as well as the increase in geriatric population are key factors propelling the growth of remote patient monitoring (RPM) services worldwide. For example, the number of deaths due to neurological disorders has risen over the last three decades, from 6.5 million in 1990 to 9 million in 2016, as per Feigin V.L. Published in the Journal of Neuroepidemiology 2019. The whole increasing prevalence is expected to significantly boost the demand for remote patient surveillance devices. In addition, due to sedentary lifestyles, the incidence and prevalence of lifestyle-related disorders, like diabetes and hypertension, is forecasted to increase during the forecast period, which can be opportunity factors. Reluctance to shift from conventional devices to wearable devices, lack of awareness of the general population, issues related to devices like accuracy, memory problems, etc., can, however, restrain market growth.
The regional analysis of global Wearable Medical Devices market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading segment due to the increasing prevalence of cardiovascular disorders, diabetes and cancer in the region. In addition, the increase in chronic diseases that require routine monitoring as well as the presence of sophisticated healthcare infrastructure is probable to further boost market growth during the forecast period. Asia Pacific is expected to see exponential growth during the forecast period. Major factors that boost market growth were also favorable government initiatives for the use of such medical devices, an increase in the geriatric population base and an increase in healthcare expenditure in the region.
Major market player included in this report are:
Kokinkliji Philips N.V.
The 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 Distribution Channel
by Device Type
Diagnostics & Monitoring Devices
Sports & Fitness
Remote Patient Monitoring
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Urgent Care Center Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers