The global wearable medical device market size was valued at US$ 16.6 billion in 2020. It is projected to expand at a compound annual growth rate (CAGR) of 26% from 2021 to 2027. Growth devices in industries such as home healthcare and remote patient monitoring are expected to influence the market growth. In addition, growing interest in fitness and a healthy lifestyle orientation are also expected to influence the market.
A full report of Wearable Medical Devices Market available at https://www.orionmarketreports.com/wearable-medical-devices-market/10713/
Wearable Medical Devices Market: Segmentation
By Device Type
• Diagnostic & Monitoring Devices
• Glucose Monitoring Devices
• Sleep Monitoring Devices
• Fetal Monitoring & Obstetric Devices
• Neuromonitoring Devices
• Therapeutic Devices
• Pain Management Devices
• Rehabilitation Devices
• Respiratory Therapy Devices
By Product
• Activity Monitors
• Smart Watches
• Smart Clothing
• Patches
Distribution Channel
• Online
• Offline
By Grade Type
• Consumer-Grade Wearable Healthcare Devices
• Clinical-Grade Wearable Healthcare Devices
By Application
• Sports & Fitness
• Remote Patient Monitoring
• Home Healthcare
Key Market Players
• Philips Electronics
• Fitbit
• Basis Science
• Garmin
• Covidien
• Omron Corp.
• Withings
• Vital Connect
• Polar Electro
• Dexcom, Inc.
• Abbott Laboratories
• Fitbit, Inc.
• Omron Healthcare Co., Ltd
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
