The wearable medical devices market is projected to reach US$ 23,310.9 million by 2025 from US$ 6,231.7 million in 2017
it is expected to register a CAGR of 18.1% from 2018 to 2025.
With a growth in the number of chronic illnesses such as diabetes and hypertension, there has been a rise in awareness regarding one's fitness.
The device type segment includes diagnostic & monitoring devices, and therapeutic devices. In 2017, diagnostic & monitoring devices held the largest market share.