Emergen Research has recently published a new report on the Global Medical Wearable market that offers key insights about the regional and global scope of the Medical Wearable market.

An increase in the infiltration of smartphones, along with a rise in the number of smartphone-based healthcare applications, is driving the market for the medical wearables market. Moreover, the preference of healthcare providers for wireless connectivity and surge in the incidence of diseases, such as diabetes, chronic pain, obesity, hypertension, chronic obstructive pulmonary disease, and cardiac disorders, will boost the market growth.

It offers key details about the recent product launches, technological advancements, supply and demand ratio, and regulatory framework. The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of 2021-2028. The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.

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Wearable technology includes electronic devices that consumers can wear, such as smartwatches and Fitbit. They are designed to collect user’s health data. These devices are used to measure various applications such as heart bit measurement, measurement of fitness of the body, ECG measurement, and to monitor blood pressure. The usage of disease-specific functionality smartwatches and biosensors are the future of medical wearables.

The report also discusses the key players involved in the market such as Koninklijke Philips N.V., Medtronic Plc, Omron Healthcare Co., Ltd., Biotelemetry, Inc., Apple, Inc., GE Healthcare, Abbott Laboratories, Dexcom, Inc., Irhythm Technologies, Inc., and Masimo Corporation, among others. and others as well as new entrants in the market. It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

Key insights presented in the report:

• Market revenue shares by major business players, by type, by application, and market scope of global Medical Wearable market
• Sales revenue by key players and new entrants
• Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
• Recent mergers, acquisitions, product launches, recent investments, and joint ventures
• Regional analysis to provide insight to recent trends and opportunities

The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Medical Wearable market with regards to market share, market size, production and consumption ratio, product launches and R&D activities, investment opportunities, and presence of key players in the region.

The report further segments the global Medical Wearable market on the basis of product types and applications and provides insights into key factors influencing the revenue growth of the segments.

For the purpose of this report, Emergen Research has segmented into the global Medical Wearable Market on the product, device type, end-user, and region:

• Product Outlook (Revenue, USD Billion; 2017-2027)
  • Patches
  • Wristband and Activity Monitors
  • Smartwatches
  • Others (Clothing, glasses, others)

• Device Type Outlook (Revenue, USD Billion; 2017-2027)
  • Vital Signs Monitoring Devices
    1. ECG /Holter Heart Rate Monitors
    2. Pulse Oximeters
    3. Blood Pressure Monitors
    4. Multiparameter Trackers
  • Glucose Monitoring Devices
  • Sleep Apnea Monitors
  • Fetal Monitoring Devices
  • Neurological Monitoring Devices

• End-User Outlook (Revenue, USD Billion; 2017-2027)
  • Hospitals & Clinics
  • Nursing Homes, Assisted Living Facilities, Long-term Care Centers
  • Home Care Settings
  • Ambulatory Care Centers

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Key Highlights From The Report

• The wristband and activity monitor segment held the largest share in the product segment. The medical alert wristbands and bracelets offer a much-needed safety blanket to people with allergies and other various conditions. It helps to make aware of ailments leading to more effective and faster emergency treatment.
• A pulse oximeter is a lightweight, small device used to monitor the amount of oxygen carried in the body. This tool is attached painlessly to a patient’s fingertip to measure their pulse rate and amount of oxygen in the system.
• Hospitals held the largest share in the medical wearable market. This is due to the increasing investment in the healthcare system and the growing prevalence of chronic and infectious diseases.
• The market for the Asia Pacific is presumed to expand at a high CAGR throughout the forecast timeframe. The regional growth can be accredited to India, Japan, and China owing to factors such as the growing advancements by prominent players in these countries and increased support from the government.

The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.

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Table of Content
Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope 
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Medical Wearable Market Segmentation & Impact Analysis
    4.1. Medical Wearable Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Advent of technologically advanced products
                    4.2.2.2. Increasing awareness of fitness and incidence of lifestyle disorders
          4.2.3. Market restraints analysis
                    4.2.3.1. Unfavorable standards and regulations
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

Continued…!

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