Wearable Medical Devices Market Share, Size, and Trends by 2031
Wearable Medical Devices Market: Strategic Insights
Wearable Medical Devices Market
-
CAGR (2023 - 2031)19.8% -
Market Size 2023
US$ 16.54 Billion -
Market Size 2031
US$ 69.62 Billion
Market Dynamics
GROWTH DRIVERS
- Growing Prevalence of Chronic Diseases Drives the Wearable Medical Devices Market
FUTURE TRENDS
- Rising Awareness Regarding Fitness Drives the Wearable Medical Devices Market
OPPORTUNITIES
- Rising Demand in Home Healthcare be the trend the Wearable Medical Devices Market
Key Players
- Xiaomi Technology Co Ltd
- Samsung Electronics Co Ltd
- Fitbit Inc
- Garmin Corporation
- Apple Inc
- Huawei Technologies Co Ltd
- Polar Electro
- OMRON Corporation
- Activinsights Ltd
- VitalConnect
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Diagnostic & Monitoring Devices
- Therapeutic Devices
Application
- Remote Patient Monitoring
- Sports & Fitness
- Home Healthcare