Wearable Health Device Market

Wearable Health Device Market - Global Industry Share, Growth, Competitive Analysis And Forecast, 2017-2021
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: MD-1205 | Category : Medical Devices | Delivery Format: /

The global wearable medical device market is expected to grow at a CAGR of 19.3% for the forecasted period of 2016-2021. Wearable health device includes sleep trackers, activity trackers, insulin pumps, sports trackers, heart rate monitors, accelerometers, pain management devices, respiratory devices, and other major wearable devices. Wearable health devices are made of various components which include accelerometers, gyroscope, magnetometer and sensors such as biometric, temperature and humidity sensors. It also consists of a microprocessor.

Wearable devices have gained major popularity after the rise of smartphones and the emergence of the smart phone connected smart watches. Manufacturers are now working developing wearable devices to connect with smartphones. It can easily reduce the cost of adding a display unit on the device. One of the latest attempts is by DexCom which is developing CGMS devices which sends data to smartphones. Wearable devices are also gaining popularity due to the capability of remote monitoring. Doctors and physicians can track the activity, heart rate, blood pressure, brain activities and other things using these wearable devices. This helps in reducing the cost of hospital visits and stays.

Wearable devices are also turning into a lifestyle necessity for the high-income groups, especially in developed countries. It has also gained popularity amongst the urban population in emerging countries. The major target groups for companies are 20-30 and 50 plus age groups. Companies are using extensive marketing strategy to popularize these products. Recently major electronics companies such as Apple, Sony, LG Electronics and Samsung have started to focus on wearable technology in healthcare. These companies are using wearable technology to boost their smartphone businesses. Google is also working on its Google Glass project. With growing lifestyle diseases it is expected that the market will continue to grow at a high rate.

North America leads the regions with the highest market share. One of the major reasons for the high growth rate is the high popularity of wearable technology in the region. North America also has the highest number of smartphone users. Asia Pacific is going to have the highest CAGR during the forecasted period.

The report provides detailed & insightful chapters which include market overview, key findings, strategic recommendations, market estimations, patent analysis, pipeline analysis, market determinants, key company analysis, company profiling, market segmentation, geographical analysis, analyst insights and predictive analysis of the market.

Market segments include in the report

  • Wearable Healthcare Device
    • Sleep Trackers
    • Activity Trackers
    • Actigraphs
    • Fetal Monitors
    • Continuous Glucose Monitoring Devices
    • Insulin Pumps
    • Brain Monitors
    • Electrocardiographs
    • Pulse Oximeters
    • Spirometers
    • Heart Rate Monitors
    • Blood Pressure Monitors
    • Accelerometers
    • Wearable Ultrasound
    • Sports Tracker
    • Pain Management Devices
    • Wearable Ventilators
    • Respiratory Devices

Companies profiled in the report

  • Apple Inc.
  • Fitbit Inc.
  • Samsung
  • Basis Science Inc.
  • Jawbone Up
  • Philips Electronics
  • Corventis Inc.
  • Sotera Wireless Inc.
  • Draeger
  • Garmin Inc.
  • Google
  • LG Electronics
  • Everist Genomics Inc.
  • Intelesense Ltd.
  • Omron Corporation
  • Lifewatch AG
  • Polar Electro
  • Nuubo
  • Xiaomi
  • Withings

The report covers

  • Comprehensive research methodology of the global wearable medical device market.
  • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global wearable medical device market.
  • Insights about market determinants which are stimulating the global wearable medical device market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

1. REPORT SUMMARY

1.1. RESEARCH METHODS AND TOOLS

1.2. MARKET BREAKDOWN

1.2.1. BY SEGMENTS

1.2.2. BY GEOGRAPHY

1.2.3. BY STAKEHOLDERS

1.2.4. EXCEPTIONS

2. MARKET OVERVIEW AND INSIGHTS

2.1. DEFINITION

2.2. ANALYST INSIGHT AND CURRENT MARKET TRENDS

2.2.1. KEY FINDINGS

2.2.2. RECOMMENDATION

2.2.3. CONCLUSION

2.3. REGULATION

2.3.1. TAX LAWS

2.3.1.1. UNITED STATES

2.3.1.2. EUROPEAN UNION

2.3.1.3. CHINA

2.3.1.4. INDIA

2.3.1.5. REST OF THE WORLD

2.3.2. DRUG AND DEVICE REGULATIONS

2.3.2.1. UNITED STATES

2.3.2.2. EUROPEAN UNION

2.3.2.3. CHINA

2.3.2.4. INDIA

2.3.2.5. REST OF THE WORLD

3. MARKET DETERMINANT

3.1. MOTIVATORS

3.1.1. INNOVATIONS AND DEVELOPMENT OF NEW PRODUCTS

3.1.2. WEARABLE DEVICE ARE TURNING INTO A LIFESTYLE NECESSITY

3.1.3. NUMBER OF BIG BRANDS IN THE HEALTHCARE SEGMENTS IS RISING

3.1.4. POPULARITY RISING TO DUE TO REMOTE PATIENT MONITORING FUNCTIONS

3.1.5. RISING DIABETIC AND HEART DISEASE PATIENTS

3.2. RESTRAINT

3.2.1. MARKET CONFINED TO HIGH INCOME GROUPS

3.2.2. LESS POPULAR IN EMERGING AND UNDER DEVELOPED COUNTRIES

3.2.3. HIGH PRICE

3.3. OPPORTUNITY

3.3.1. EMERGING MARKETS

3.3.2. LIMITED ENTRY BARRIERS FOR NEW COMPANIES

4. WEARABLE DEVICES-PARENT MARKET ANALYSIS

5. MARKET SEGMENTATION

5.1. WEARABLE HEALTHCARE DEVICE

5.1.1. SLEEP TRACKERS

5.1.2. ACTIVITY TRACKERS

5.1.3. ACTIGRAPHS

5.1.4. FETAL MONITORS

5.1.5. CONTINUOUS GLUCOSE MONITORING DEVICES

5.1.6. INSULIN PUMPS

5.1.7. BRAIN MONITORS

5.1.8. ELECTROCARDIOGRAPHS

5.1.9. PULSE OXIMETERS

5.1.10. SPIROMETERS

5.1.11. HEART RATE MONITORS

5.1.12. BLOOD PRESSURE MONITORS

5.1.13. ACCELEROMETERS

5.1.14. WEARABLE ULTRASOUND

5.1.15. SPORTS TRACKER

5.1.16. PAIN MANAGEMENT DEVICES

5.1.17. WEARABLE VENTILATORS

5.1.18. RESPIRATORY DEVICES

6. COMPETITIVE LANDSCAPE

6.1. MARKET SHARE ANALYSIS

6.2. KEY COMPANY ANALYSIS

7. REGIONAL ANALYSIS

7.1. NORTH AMERICA

7.1.1. UNITED STATES

7.1.2. CANADA

7.2. EUROPE

7.2.1. UNITED KINGDOM

7.2.2. FRANCE

7.2.3. GERMANY

7.2.4. ROE

7.3. ASIA PACIFIC

7.3.1. INDIA

7.3.2. CHINA

7.3.3. JAPAN

7.3.4. ROAPAC

7.4. REST OF THE WORLD

8. COMPANY PROFILES

8.1. APPLE INC.

8.1.1. INTRODUCTION

8.1.2. PRODUCT PORTFOLIO

8.1.3. RECENT ACTIVITIES

8.2. FITBIT INC.

8.2.1. INTRODUCTION

8.2.2. PRODUCT PORTFOLIO

8.2.3. RECENT ACTIVITIES

8.3. SAMSUNG

8.3.1. INTRODUCTION

8.3.2. PRODUCT PORTFOLIO

8.3.3. RECENT ACTIVITIES

8.4. BASIS SCIENCE INC.

8.4.1. INTRODUCTION

8.4.2. PRODUCT PORTFOLIO

8.4.3. RECENT ACTIVITIES

8.5. JAWBONE UP

8.5.1. INTRODUCTION

8.5.2. PRODUCT PORTFOLIO

8.5.3. RECENT ACTIVITIES

8.6. PHILIPS ELECTRONICS

8.6.1. INTRODUCTION

8.6.2. PRODUCT PORTFOLIO

8.6.3. RECENT ACTIVITIES

8.7. CORVENTIS INC.

8.7.1. INTRODUCTION

8.7.2. PRODUCT PORTFOLIO

8.7.3. RECENT ACTIVITIES

8.8. SOTERA WIRELESS INC.

8.8.1. INTRODUCTION

8.8.2. PRODUCT PORTFOLIO

8.8.3. RECENT ACTIVITIES

8.9. DRAEGER

8.9.1. INTRODUCTION

8.9.2. PRODUCT PORTFOLIO

8.9.3. RECENT ACTIVITIES

8.10. GARMIN INC.

8.10.1. INTRODUCTION

8.10.2. PRODUCT PORTFOLIO

8.10.3. RECENT ACTIVITIES

8.11. GOOGLE

8.11.1. INTRODUCTION

8.11.2. PRODUCT PORTFOLIO

8.11.3. RECENT ACTIVITIES

8.12. LG ELECTRONICS

8.12.1. INTRODUCTION

8.12.2. PRODUCT PORTFOLIO

8.12.3. RECENT ACTIVITIES

8.13. EVERIST GENOMICS INC.

8.13.1. INTRODUCTION

8.13.2. PRODUCT PORTFOLIO

8.13.3. RECENT ACTIVITIES

8.14. INTELESENSE LTD.

8.14.1. INTRODUCTION

8.14.2. PRODUCT PORTFOLIO

8.14.3. RECENT ACTIVITIES

8.15. OMRON CORPORATION

8.15.1. INTRODUCTION

8.15.2. PRODUCT PORTFOLIO

8.15.3. RECENT ACTIVITIES

8.16. LIFEWATCH AG

8.16.1. INTRODUCTION

8.16.2. PRODUCT PORTFOLIO

8.16.3. RECENT ACTIVITIES

8.17. POLAR ELECTRO

8.17.1. INTRODUCTION

8.17.2. PRODUCT PORTFOLIO

8.17.3. RECENT ACTIVITIES

8.18. NUUBO

8.18.1. INTRODUCTION

8.18.2. PRODUCT PORTFOLIO

8.18.3. RECENT ACTIVITIES

8.19. XIAOMI

8.19.1. INTRODUCTION

8.19.2. PRODUCT PORTFOLIO

8.19.3. RECENT ACTIVITIES

8.20. WITHINGS

8.20.1. INTRODUCTION

8.20.2. PRODUCT PORTFOLIO

8.20.3. RECENT ACTIVITIES

TABLE # 1 GLOBAL WEARABLE HEALTHCARE DEVICE MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 2 GLOBAL SLEEP TRACKERS MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 3 GLOBAL ACTIVITY TRACKERS MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 4 GLOBAL ACTIGRAPHS MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 5 GLOBAL FETAL MONITORS MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 6 GLOBAL CONTINUOUS GLUCOSE MONITORING DEVICES MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 7 GLOBAL INSULIN PUMPS MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 8 GLOBAL BRAIN MONITORS MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 9 GLOBAL ELECTROCARDIOGRAPHS MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 10 GLOBAL PULSE OXIMETERS MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 11 GLOBAL SPIROMETERS MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 12 GLOBAL HEART RATE MONITORS

TABLE # 13 GLOBAL BLOOD PRESSURE MONITORS MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 14 GLOBAL ACCELEROMETERS MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 15 GLOBAL WEARABLE ULTRASOUND MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 16 GLOBAL SPORTS TRACKER MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 17 GLOBAL PAIN MANAGEMENT DEVICES MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 18 GLOBAL WEARABLE VENTILATORS MARKET RESEARCH AND ANALYSIS, 2015-2021

TABLE # 19 GLOBAL RESPIRATORY DEVICES MARKET RESEARCH AND ANALYSIS, 2015-2021

FIGURE # 1 NORTH AMERICAN MARKET RESEARCH AND ANALYSIS, 2015-2021

FIGURE # 2 UNITED STATES MARKET RESEARCH AND ANALYSIS, 2015-2021

FIGURE # 3 CANADA MARKET RESEARCH AND ANALYSIS, 2015-2021

FIGURE # 4 EUROPEAN MARKET RESEARCH AND ANALYSIS, 2015-2021

FIGURE # 5 UNITED KINGDOM MARKET RESEARCH AND ANALYSIS, 2015-2021

FIGURE # 6 FRANCE MARKET RESEARCH AND ANALYSIS, 2015-2021

FIGURE # 7 GERMANY MARKET RESEARCH AND ANALYSIS, 2015-2021

FIGURE # 8 ROE MARKET RESEARCH AND ANALYSIS, 2015-2021

FIGURE # 9 ASIA PACIFIC MARKET RESEARCH AND ANALYSIS, 2015-2021

FIGURE # 10 INDIA MARKET RESEARCH AND ANALYSIS, 2015-2021

FIGURE # 11 CHINA MARKET RESEARCH AND ANALYSIS, 2015-2021

FIGURE # 12 JAPAN MARKET RESEARCH AND ANALYSIS, 2015-2021

FIGURE # 13 ROAPAC MARKET RESEARCH AND ANALYSIS, 2015-2021

FIGURE # 14 REST OF THE WORLD MARKET RESEARCH AND ANALYSIS, 2015-2021