Wearable Medical Devices - Global Market Outlook (2017-2026)

Wearable Medical Devices - Global Market Outlook (2017-2026)

  • Published: October 2018
  • ID: SMRC17643

According to Stratistics MRC, the Global Wearable Medical Devices is accounted for $6.05 billion in 2017 and is expected to reach $29.53 billion by 2026 growing at a CAGR of 19.2% during the forecast period. Rising prevalence of chronic diseases, increasing demand for user friendly interface and ability to coordinate with mobile phones and tablets, and technological advancements are some of the key factors favouring the market growth. However, data security & privacy and lack of reimbursement are hindering the market growth. Moreover, change in trend from traditional to wearable devices and stable rise of remote patient monitoring and home healthcare are some of the opportunities for the market growth.

A wearable medical device is used to track or supervise, such as heart rate, blood glucose level and blood pressure. The variety of devices includes watches, bands, clothing, and accessories.

Based on type, activity monitors segment held significant growth due to the high prevalence of diseases, increasing adoption of inactive & unhealthy lifestyles and rising awareness of fitness and health. By geography, North America is expected to register the highest market growth during the forecast period owing to the presence of highly developed healthcare infrastructure, growing adoption of medical technologies and the progress of interconnected and highly advanced healthcare apps and compatible devices.

Some of the key players in the Wearable Medical Devices Market include Apple, Samsung, Xiaomi Inc., Philips Electronics, Nokia Technologies, Fitbit, LifeWatch AG, Sotera Wireless, Lifesense, Actelion Pharmaceuticals, Cleveland Medical Devices, Inc., Corventis, Inc. (Medtronic plc.), Nuubo, Intelesens Ltd., OMRON Corporation, Garmin, Vitalconnect, Jawbone, Monica Healthcare and Polar Electro.

Distribution Channels Covered:
• Hypermarkets
• Online Channel
• Pharmacies

Types Covered:
• Patches
• Smart Clothing
• Smartwatches
• Activity Monitors
• Ear Wear

Device Types Covered:
• Therapeutic Devices
• Diagnostic and Monitoring Devices

End Users Covered:
• Home Healthcare
• Remote Patient Monitoring
• Fitness and sports
• Hospitals and clinics
 
Trackers Covered:
• Activity trackers
• Fitness trackers
• Sports trackers
• Other Trackers

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary           
             
2 Preface            
 2.1 Abstract           
 2.2 Stake Holders          
 2.3 Research Scope          
 2.4 Research Methodology         
  2.4.1 Data Mining         
  2.4.2 Data Analysis         
  2.4.3 Data Validation         
  2.4.4 Research Approach         
 2.5 Research Sources          
  2.5.1 Primary Research Sources        
  2.5.2 Secondary Research Sources        
  2.5.3 Assumptions         
             
3 Market Trend Analysis          
 3.1 Introduction          
 3.2 Drivers           
 3.3 Restraints          
 3.4 Opportunities          
 3.5 Threats           
 3.6 End User Analysis          
 3.7 Emerging Markets          
 3.8 Futuristic Market Scenario         
             
4 Porters Five Force Analysis          
 4.1 Bargaining power of suppliers         
 4.2 Bargaining power of buyers         
 4.3 Threat of substitutes         
 4.4 Threat of new entrants         
 4.5 Competitive rivalry          
             
5 Global Wearable Medical Devices  Market, By Distribution Channel      
 5.1 Introduction          
 5.2 Hypermarkets          
 5.3 Online Channel           
 5.4 Pharmacies           
             
6 Global Wearable Medical Devices  Market, By Type        
 6.1 Introduction          
 6.2 Patches           
 6.3 Smart Clothing           
 6.4 Smartwatches           
 6.5 Activity Monitors           
 6.6 Ear Wear            
             
7 Global Wearable Medical Devices  Market, By Device Type       
 7.1 Introduction          
 7.2 Therapeutic Devices         
  7.2.1 Insulin pumps         
  7.2.2 Respiratory therapy devices        
   7.2.2.1 Portable oxygen concentrators      
   7.2.2.2 Ventilators        
   7.2.2.3 Positive Airway Pressure (PAP) Devices      
   7.2.2.4 Continuous Positive Airway Pressure (CPAP) Devices    
  7.2.3 Pain management devices        
  7.2.4 Rehabilitation devices         
   7.2.4.1 Wearable ultrasound platform       
   7.2.4.2 Wearable sensing garments       
   7.2.4.3 Accelerometers        
 7.3 Diagnostic and Monitoring Devices        
  7.3.1 Neuro monitoring devices         
   7.3.1.1 Electroencephalographs       
   7.3.1.2 Electromyogram        
  7.3.2 Fetal monitoring & Obstetric devices       
   7.3.2.1 Wearable prenatal audio belts       
   7.3.2.2 Infant motion sensing monitors      
   7.3.2.3 Fetal visualization devices       
   7.3.2.4 Wearable fetal monitors       
  7.3.3 Vital Signs Monitoring Devices        
   7.3.3.1 Blood Pressure Monitors        
   7.3.3.2 Spirometers        
   7.3.3.3 Electrocardiograms/ECG Monitors      
   7.3.3.4 Activity monitoring        
   7.3.3.5 Pulse Oximeters        
   7.3.3.6 Heart rate monitors        
  7.3.4 Glucose Monitoring devices        
   7.3.4.1 Continuous blood glucose monitoring devices      
  7.3.5 Sleep monitoring devices        
   7.3.5.1 Sleep trackers        
   7.3.5.2 Wearable Polysomnography       
   7.3.5.3 Wrist Actigraphs        
             
8 Global Wearable Medical Devices  Market, By End User       
 8.1 Introduction          
 8.2 Home Healthcare          
 8.3 Remote Patient Monitoring          
 8.4 Fitness and sports          
 8.5 Hospitals and clinics         
             
9 Global Wearable Medical Devices  Market, By Tracker       
 9.1 Introduction          
 9.2 Activity trackers          
 9.3 Fitness trackers          
 9.4 Sports trackers          
 9.5 Other Trackers          
             
10 Global Wearable Medical Devices  Market, By Geography       
 10.1 Introduction          
 10.2 North America          
  10.2.1 US          
  10.2.2 Canada          
  10.2.3 Mexico           
 10.3 Europe           
  10.3.1 Germany          
  10.3.2 UK          
  10.3.3 Italy          
  10.3.4 France          
  10.3.5 Spain          
  10.3.6 Rest of Europe         
 10.4 Asia Pacific          
  10.4.1 Japan          
  10.4.2 China          
  10.4.3 India          
  10.4.4 Australia          
  10.4.5 New Zealand         
  10.4.6 South Korea         
  10.4.7 Rest of Asia Pacific         
 10.5 South America          
  10.5.1 Argentina         
  10.5.2 Brazil          
  10.5.3 Chile          
  10.5.4 Rest of South America        
 10.6 Middle East & Africa         
  10.6.1 Saudi Arabia         
  10.6.2 UAE          
  10.6.3 Qatar          
  10.6.4 South Africa         
  10.6.5 Rest of Middle East & Africa        
             
11 Key Developments           
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 11.2 Acquisitions & Mergers         
 11.3 New Product Launch         
 11.4 Expansions          
 11.5 Other Key Strategies         
             
12 Company Profiling           
 12.1 Apple           
 12.2 Samsung           
 12.3 Xiaomi Inc.          
 12.4 Philips Electronics          
 12.5 Nokia Technologies          
 12.6 Fitbit           
 12.7 LifeWatch AG          
 12.8 Sotera Wireless          
 12.9 Lifesense           
 12.10 Actelion Pharmaceuticals         
 12.11 Cleveland Medical Devices, Inc.        
 12.12 Corventis, Inc. (Medtronic plc.)        
 12.12 Nuubo           
 12.14 Intelesens Ltd.          
 12.15 OMRON Corporation         
 12.16 Garmin           
 12.17 Vitalconnect           
 12.18 Jawbone            
 12.19 Monica Healthcare          
 12.20 Polar Electro           


List of Tables             
1 Global Wearable Medical Devices  Market Outlook, By Region (2016-2026) (US $MN)     
2 Global Wearable Medical Devices  Market Outlook, By Distribution Channel (2016-2026) (US $MN)    
3 Global Wearable Medical Devices  Market Outlook, By Hypermarkets (2016-2026) (US $MN)     
4 Global Wearable Medical Devices  Market Outlook, By Online Channel (2016-2026) (US $MN)     
5 Global Wearable Medical Devices  Market Outlook, By Pharmacies (2016-2026) (US $MN)     
6 Global Wearable Medical Devices  Market Outlook, By Type (2016-2026) (US $MN)      
7 Global Wearable Medical Devices  Market Outlook, By Patches (2016-2026) (US $MN)     
8 Global Wearable Medical Devices  Market Outlook, By Smart Clothing (2016-2026) (US $MN)     
9 Global Wearable Medical Devices  Market Outlook, By Smartwatches (2016-2026) (US $MN)     
10 Global Wearable Medical Devices  Market Outlook, By Activity Monitors (2016-2026) (US $MN)    
11 Global Wearable Medical Devices  Market Outlook, By Ear Wear (2016-2026) (US $MN)     
13 Global Wearable Medical Devices  Market Outlook, By Device Type (2016-2026) (US $MN)     
14 Global Wearable Medical Devices  Market Outlook, By Therapeutic Devices (2016-2026) (US $MN)    
15 Global Wearable Medical Devices  Market Outlook, By Insulin pumps (2016-2026) (US $MN)     
16 Global Wearable Medical Devices  Market Outlook, By Respiratory therapy devices (2016-2026) (US $MN)   
17 Global Wearable Medical Devices  Market Outlook, By Pain management devices (2016-2026) (US $MN)    
18 Global Wearable Medical Devices  Market Outlook, By Rehabilitation devices (2016-2026) (US $MN)    
19 Global Wearable Medical Devices  Market Outlook, By Diagnostic and Monitoring Devices (2016-2026) (US $MN)   
20 Global Wearable Medical Devices  Market Outlook, By Neuro monitoring devices (2016-2026) (US $MN)    
21 Global Wearable Medical Devices  Market Outlook, By Fetal monitoring & Obstetric devices (2016-2026) (US $MN)   
22 Global Wearable Medical Devices  Market Outlook, By Vital Signs Monitoring Devices (2016-2026) (US $MN)   
23 Global Wearable Medical Devices  Market Outlook, By Glucose Monitoring devices (2016-2026) (US $MN)   
24 Global Wearable Medical Devices  Market Outlook, By Sleep monitoring device (2016-2026) (US $MN)    
25 Global Wearable Medical Devices  Market Outlook, By End User (2016-2026) (US $MN)     
26 Global Wearable Medical Devices  Market Outlook, By Home Healthcare (2016-2026) (US $MN)    
27 Global Wearable Medical Devices  Market Outlook, By Remote Patient Monitoring (2016-2026) (US $MN)   
28 Global Wearable Medical Devices  Market Outlook, By Sports & Fitness (2016-2026) (US $MN)     
29 Global Wearable Medical Devices  Market Outlook, By Hospitals and clinics (2016-2026) (US $MN)    
30 Global Wearable Medical Devices  Market Outlook, By Tracker (2016-2026) (US $MN)     
31 Global Wearable Medical Devices  Market Outlook, By Activity trackers (2016-2026) (US $MN)     
32 Global Wearable Medical Devices  Market Outlook, By Fitness trackers (2016-2026) (US $MN)     
33 Global Wearable Medical Devices  Market Outlook, By Sports trackers (2016-2026) (US $MN)     
34 Global Wearable Medical Devices  Market Outlook, By Other Trackers (2016-2026) (US $MN)     

NOTE:  Tables of North America,Europe, Asia Pacific,South America and Middle East & Africa regions are also represented in the same manner as above.

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