Wearable Medical Devices Market Scope and Key Players Analysis by 2031
Wearable Medical Devices Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 16.54 Billion |
| Market Size by 2031 | US$ 69.62 Billion |
| Global CAGR (2023 - 2031) | 19.8% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
Wearable Medical Devices Market News and Recent Developments
The wearable medical devices market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the wearable medical devices market are listed below:
- In June 2023, US-based digital health company STAT Health launched a 24/7 in-ear wearable general wellness product that measures blood flow to the head to allow a better understanding of conditions in the body that occur upon standing. (Source: STAT Health Newsletter, June 2023)
- In February 2023, launched its new medical adhesive that can stick to the skin for up to 28 days and is intended for use with a wide array of health monitors, sensors, and long-term medical wearables. Before 2022, the standard wear time for extended medical adhesives was up to 14 days.?3M?now doubles that standard to help deliver a more patient-centric model of care. (Source: 3M, Press Release, February 2023)
Wearable Medical Devices Market Report Coverage and Deliverables
The “Wearable Medical Devices Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Wearable medical devices market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Wearable medical devices market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Wearable medical devices market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the wearable medical devices market
- Detailed company profiles
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