Global Wearable Medical Devices Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, UK, Germany, China, Japan - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 168 SKU: IRTNTR40649

Wearable Medical Devices Market 2023-2027

The Wearable Medical Devices Market size is estimated to grow by USD 15.54 billion at a CAGR of 17.82% between 2022 and 2027. 

There is a growing demand for cost-effective and user-friendly medical devices across the globe. The cost of treatment can significantly be lowered if it is diagnosed at an early stage. There is increasing adoption of smart wearables as they facilitate the detection of diseases at the early phase of their development, which in turn lowers the overall cost of treatment. The increasing emphasis on value-based care is transforming financial incentives to a model in which providers are compensated based on how their individuals fare rather than by the number of tests, procedures, or visits performed. In addition, wearable devices along with cloud-based monitoring technologies facilitate a reduction in hospital charges and healthcare costs. Hence, such factors are positively impacting the market growth.

Technavio has segmented the market into Product, Application, and Geography

  • The product segment is classified into diagnostic and monitoring devices and therapeutic devices
  • The application segment is classified into home healthcare, sports and fitness, and remote patient monitoring
  • The geography segment includes key regions such as North America, Europe, Asia, and the Rest of the World (ROW)

It also includes an in-depth analysis of drivers, market trends and analysis, and challenges. Our report examines historic data from 2017 to 2021, besides analyzing the current market scenario.

Market Forecast and Size

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Wearable Medical Devices Market Segmentation by Product, Application, and Geography Analysis

Diagnostic and monitoring devices

The diagnostic and monitoring devices segment is estimated to witness significant growth during the forecast period. Wearable diagnostic and monitoring medical devices can be referred to as devices with sensors that are worn by a person. The main advantage of these devices is that they facilitate the detection and monitoring of changes in body signatures of various areas and organs. This segment essentially comprises wearable vital signs and activity monitoring devices, wearable fetal and obstetric monitoring devices, wearable neuromonitoring devices, and wearable electrocardiogram (ECG) monitoring devices.

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The diagnostic and monitoring devices segment was the largest segment and was valued at USD 3.96 billion in 2017. Several factors such as the increasing focus on early diagnosis and preventive medicine, increasing awareness about chronic diseases, increasing popularity of telemedicine and home healthcare, and the increasing prevalence of CVD, cardiac diseases, sleep disorders, neurological disorders, and high-risk pregnancies are significantly contributing to the growth of this segment. In addition, other factors such as the increasing health consciousness among end-users, the launch of low-cost wearable vital signs and activity monitoring devices, and technological advancements are also positively impacting the growth of this segment. Hence, such factors are expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.

Application Analysis 

The home healthcare segment has significantly contributed to the market share of the market. The main applications in home healthcare include remote patient monitoring (RPM), hearing disorders, respiratory diseases, and insulin administration. The increasing prevalence of chronic diseases and the rise in the geriatric population is significantly fuelling the growth of this segment. There is an increasing demand for wearable devices as people with chronic diseases such as diabetes and hypertension require continuous monitoring for efficient management of the disease and these devices facilitate early diagnosis, prevention, and management of chronic diseases. Hence, such factors are expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.

Sports and Fitness

Fitness wearables can be referred to as internet-connected devices that are worn on the body. This segment leverages a multitude of sensors to monitor fitness and health-related data such as step count, heart rate, and sleep patterns. Activity trackers or fitness trackers are the most common forms of fitness wearables. Some of the prominent market players of this segment are Fitbit and Garmin. Factors such as the growing health consciousness among people and technological advancements are expected to fuel the growth of this segment. There is an increasing adoption of wearable activity monitors in sports and fitness as it enables coaches and athletes to monitor fitness requirements and improve performance. Hence, such factors are expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.

Regional Analysis

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North America is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that will shape the market during the forecast period. Some of the main factors that are significantly contributing to the growth of the market in North America include the growing prevalence of chronic diseases, high prevalence of hearing impairment, increasing adoption of technologically advanced, increasing GDP, increasing healthcare spending, new product launches, and strong market presence of leading companies.

One of the main countries in North America that is significantly contributing to the market growth in the region is the US due to factors such as the strong presence of major key vendors such as Garmin and Fitbit, growing focus on early diagnosis and prevention, rising demand for home healthcare, favorable reimbursement scenarios such as insulin pumps and hearing aids, CVDs and obesity, and high adoption. Hence, such factors are expected to drive the market growth in the region during the forecast period.

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Key Market Players 

Companies are implementing various strategies, such as strategic alliances, market growth analysis, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Abbott Laboratories: The company offers as biowearable FreeStyle Libre devices.

  • 3L Labs Co. Ltd.
  • Alphabet Inc.
  • Apple Inc.
  • Biotricity Inc.
  • Boston Scientific Corp.
  • Daifuku Co. Ltd.
  • Dexcom Inc.
  • Garmin Ltd.
  • General Electric Co.
  • Huawei Technologies Co. Ltd.
  • Johari Digital India Ltd.
  • Koninklijke Philips N.V.
  • Medtronic Plc
  • OMRON Corp.
  • Oura Health Oy
  • Polar Electro Oy
  • Samsung Electronics Co. Ltd.
  • The Sotera Wireless Inc.
  • ten3T Healthcare

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Key Drivers, Trends, Challenges, and Customer Landscape

There are multiple factors influencing market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. 

Market Drivers

One of the key factors driving the market growth is the integration of smartphone applications. There is a significant generation of health data by wearable devices. There is an increase in the scope of remote monitoring with the emergence of smart wearables. The main advantage of wearable patient-monitoring equipment is that it captures different vital signs of an individual, including the heart rate, respiratory rate, skin temperature, and glucose levels.

Moreover, there is a significant generation of this data by these devices which can be analyzed using smartphones. Some of the prominent companies that have launched wearable devices that are compatible with smartphones include Fitbit and Garmin. These devices enable the monitoring of heart rhythms, sleep, and calories. Hence, such factors are positively impacting the market. therefore, it is expected to drive the market growth during the forecast period.

Market Trends

A key factor shaping the market growth is the rise in the development of miniature wearable medical devices. There has been a significant increase in the development of miniature across the globe. The miniaturization is at a primary stage but emerging trend in the market. There is an increasing focus by several market players on developing products that are smaller, more reliable, and more energy-efficient than those of previous generations. 

Moreover, there is significant growth in the market for portable/mini devices due to the miniaturization of electronic components. For instance, Proteus Digital Health has developed a new miniature ingestible tablet that is equipped with a sensor. Hence, such developments are positively impacting the market. therefore, it is expected to drive the market growth and trends during the forecast period.

Market Challenges

The high cost of wearable medical devices is one of the key challenges hindering market growth. The wearable devices are very expensive and their price depends on the type of function and diagnosis. For example, insulin pumps, on average, cost USD 4,500-USD 6,500. There is a significant increase in cost associated with wearable devices considering the high device cost, along with maintenance charges.

Moreover, there is a major cost associated with including pulse oximeters, insulin pumps, and activity trackers as they need frequent battery changes, recharging, and maintenance. In addition, branded wearable devices are very expensive. For example,  the cost of activity trackers like Vivosmart HR+ from Garmin costs USD 179.99 (in the US). Hence, such factors are negatively impacting the market. Therefore, it is expected to hinder the market growth during the forecast period.

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Market Customer Landscape

The market growth and forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their Market forecasting and growth strategies.

Global Market Customer Landscape

Market Analysis

 

The market is witnessing significant advancements with devices like the Apple Watch incorporating EKG (Electrocardiogram) and glucose monitoring systems. Artificial intelligence (AI) plays a crucial role in enhancing the capabilities of wearables for monitoring health metrics. Companies like Respira Labs, Medicalgorithmics, and Lifesense contribute to innovations in blood pressure monitoring. Collaborations with organizations like the British Heart Foundation and regulatory approvals from the FDA (Food and Drug Administration) ensure the reliability of these wearables. Notable products such as Qpatch by Lifesense and Omron Corporation's offerings contribute to the growing cardiovascular and lifestyle-related diseases.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD billion, 2017 - 2027)
    • Diagnostic and monitoring devices
    • Therapeutic devices
  • Application Outlook (USD billion, 2017 - 2027)
    • Home healthcare
    • Sports and Fitness
    • Remote patient monitoring
  • Geography Outlook (USD billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
    • Rest of the World
      • Australia
      • Argentina
      • Brazil

Wearable Medical Devices Market Scope

Report Coverage

Details

Page number

168

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 17.82%

Market growth 2023-2027

USD 15.54 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

17.26

Regional analysis

North America, Europe, Asia, and the Rest of the World (ROW)

Performing market contribution

North America at 37%

Key countries

US, UK, Germany, China, and Japan

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

3L Labs Co. Ltd., Abbott Laboratories, Alphabet Inc., Apple Inc., Biotricity Inc., Boston Scientific Corp., Daifuku Co. Ltd., Dexcom Inc., Garmin Ltd., General Electric Co., Huawei Technologies Co. Ltd., Johari Digital India Ltd., Koninklijke Philips N.V., Medtronic Plc, OMRON Corp., Oura Health Oy, Polar Electro Oy, Samsung Electronics Co. Ltd., The Sotera Wireless Inc., and ten3T Healthcare

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Wearable Medical Devices Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the  market between 2023 and 2027
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Detailed analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria 
  • Companies landscape comparing criticality of inputs and factors of differentiation
  • Exclusive Matrix on companies' position and classification
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, Asia, and the Rest of the World (ROW)
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of  market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global wearable medical devices market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global wearable medical devices market 2017 - 2021 ($ billion)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Diagnostic and monitoring devices - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Diagnostic and monitoring devices - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Diagnostic and monitoring devices - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Diagnostic and monitoring devices - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Diagnostic and monitoring devices - Year-over-year growth 2022-2027 (%)
    • 6.4 Therapeutic devices - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Therapeutic devices - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Therapeutic devices - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Therapeutic devices - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Therapeutic devices - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 42: Market opportunity by Product ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 44: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 46: Chart on Comparison by Application
      • Exhibit 47: Data Table on Comparison by Application
    • 7.3 Home healthcare - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Home healthcare - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Data Table on Home healthcare - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 50: Chart on Home healthcare - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Home healthcare - Year-over-year growth 2022-2027 (%)
    • 7.4 Sports and fitness - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Sports and fitness - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Data Table on Sports and fitness - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 54: Chart on Sports and fitness - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Sports and fitness - Year-over-year growth 2022-2027 (%)
    • 7.5 Remote patient monitoring - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Remote patient monitoring - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Data Table on Remote patient monitoring - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 58: Chart on Remote patient monitoring - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Remote patient monitoring - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Application
      • Exhibit 60: Market opportunity by Application ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Application ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 Asia - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Asia - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on Asia - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on Asia - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Asia - Year-over-year growth 2022-2027 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • 9.7 US - Market size and forecast 2022-2027
      • Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 UK - Market size and forecast 2022-2027
      • Exhibit 91: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ billion)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Abbott Laboratories
              • Exhibit 111: Abbott Laboratories - Overview
              • Exhibit 112: Abbott Laboratories - Business segments
              • Exhibit 113: Abbott Laboratories - Key news
              • Exhibit 114: Abbott Laboratories - Key offerings
              • Exhibit 115: Abbott Laboratories - Segment focus
            • 12.4 Alphabet Inc.
              • Exhibit 116: Alphabet Inc. - Overview
              • Exhibit 117: Alphabet Inc. - Business segments
              • Exhibit 118: Alphabet Inc. - Key news
              • Exhibit 119: Alphabet Inc. - Key offerings
              • Exhibit 120: Alphabet Inc. - Segment focus
            • 12.5 Apple Inc.
              • Exhibit 121: Apple Inc. - Overview
              • Exhibit 122: Apple Inc. - Business segments
              • Exhibit 123: Apple Inc. - Key news
              • Exhibit 124: Apple Inc. - Key offerings
              • Exhibit 125: Apple Inc. - Segment focus
            • 12.6 Biotricity Inc.
              • Exhibit 126: Biotricity Inc. - Overview
              • Exhibit 127: Biotricity Inc. - Product / Service
              • Exhibit 128: Biotricity Inc. - Key offerings
            • 12.7 Boston Scientific Corp.
              • Exhibit 129: Boston Scientific Corp. - Overview
              • Exhibit 130: Boston Scientific Corp. - Business segments
              • Exhibit 131: Boston Scientific Corp. - Key news
              • Exhibit 132: Boston Scientific Corp. - Key offerings
              • Exhibit 133: Boston Scientific Corp. - Segment focus
            • 12.8 Daifuku Co. Ltd.
              • Exhibit 134: Daifuku Co. Ltd. - Overview
              • Exhibit 135: Daifuku Co. Ltd. - Business segments
              • Exhibit 136: Daifuku Co. Ltd. - Key offerings
              • Exhibit 137: Daifuku Co. Ltd. - Segment focus
            • 12.9 Dexcom Inc.
              • Exhibit 138: Dexcom Inc. - Overview
              • Exhibit 139: Dexcom Inc. - Product / Service
              • Exhibit 140: Dexcom Inc. - Key news
              • Exhibit 141: Dexcom Inc. - Key offerings
            • 12.10 Garmin Ltd.
              • Exhibit 142: Garmin Ltd. - Overview
              • Exhibit 143: Garmin Ltd. - Business segments
              • Exhibit 144: Garmin Ltd. - Key offerings
              • Exhibit 145: Garmin Ltd. - Segment focus
            • 12.11 General Electric Co.
              • Exhibit 146: General Electric Co. - Overview
              • Exhibit 147: General Electric Co. - Business segments
              • Exhibit 148: General Electric Co. - Key news
              • Exhibit 149: General Electric Co. - Key offerings
              • Exhibit 150: General Electric Co. - Segment focus
            • 12.12 Huawei Technologies Co. Ltd.
              • Exhibit 151: Huawei Technologies Co. Ltd. - Overview
              • Exhibit 152: Huawei Technologies Co. Ltd. - Business segments
              • Exhibit 153: Huawei Technologies Co. Ltd. - Key news
              • Exhibit 154: Huawei Technologies Co. Ltd. - Key offerings
              • Exhibit 155: Huawei Technologies Co. Ltd. - Segment focus
            • 12.13 Koninklijke Philips N.V.
              • Exhibit 156: Koninklijke Philips N.V. - Overview
              • Exhibit 157: Koninklijke Philips N.V. - Business segments
              • Exhibit 158: Koninklijke Philips N.V. - Key news
              • Exhibit 159: Koninklijke Philips N.V. - Key offerings
              • Exhibit 160: Koninklijke Philips N.V. - Segment focus
            • 12.14 Medtronic Plc
              • Exhibit 161: Medtronic Plc - Overview
              • Exhibit 162: Medtronic Plc - Business segments
              • Exhibit 163: Medtronic Plc - Key news
              • Exhibit 164: Medtronic Plc - Key offerings
              • Exhibit 165: Medtronic Plc - Segment focus
            • 12.15 OMRON Corp.
              • Exhibit 166: OMRON Corp. - Overview
              • Exhibit 167: OMRON Corp. - Business segments
              • Exhibit 168: OMRON Corp. - Key news
              • Exhibit 169: OMRON Corp. - Key offerings
              • Exhibit 170: OMRON Corp. - Segment focus
            • 12.16 Samsung Electronics Co. Ltd.
              • Exhibit 171: Samsung Electronics Co. Ltd. - Overview
              • Exhibit 172: Samsung Electronics Co. Ltd. - Business segments
              • Exhibit 173: Samsung Electronics Co. Ltd. - Key news
              • Exhibit 174: Samsung Electronics Co. Ltd. - Key offerings
              • Exhibit 175: Samsung Electronics Co. Ltd. - Segment focus
            • 12.17 The Sotera Wireless Inc.
              • Exhibit 176: The Sotera Wireless Inc. - Overview
              • Exhibit 177: The Sotera Wireless Inc. - Product / Service
              • Exhibit 178: The Sotera Wireless Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 179: Inclusions checklist
                • Exhibit 180: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 181: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 182: Research methodology
                • Exhibit 183: Validation techniques employed for market sizing
                • Exhibit 184: Information sources
              • 13.5 List of abbreviations
                • Exhibit 185: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              wearable medical devices market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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