Latest market research report focuses on the global Medical Wearable market, and the report provides in-depth analysis of each of its major segments. Reports about the global Medical Wearable market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios Medical Wearable industry projections and qualitative and quantitative assessments have been provided by the report's authors. The SWOT analysis and Porter’s Five Forces Analysis are some of the most important components of this report that provide insight into the highly competitive environment of the industry.
The global Medical Wearable Market is forecasted to be worth USD 34.89 Billion by 2027, according to a current analysis by Emergen Research. An increase in the infiltration of smartphones, along with a rise in the number of smartphone-based healthcare applications, is driving the market for the medical wearables market. Moreover, the preference of healthcare providers for wireless connectivity and surge in the incidence of diseases, such as diabetes, chronic pain, obesity, hypertension, chronic obstructive pulmonary disease, and cardiac disorders, will boost the market growth.
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Market Overview:
The report bifurcates the Medical Wearable market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2017-2027)
- Patches
- Wristband and Activity Monitors
- Smartwatches
- Others (Clothing, glasses, others)
Device Type Outlook (Revenue, USD Billion; 2017-2027)
- Vital Signs Monitoring Devices
- ECG /Holter Heart Rate Monitors
- Pulse Oximeters
- Blood Pressure Monitors
- Multiparameter Trackers
- Glucose Monitoring Devices
- Sleep Apnea Monitors
- Fetal Monitoring Devices
- Neurological Monitoring Devices
- Vital Signs Monitoring Devices
End-User Outlook (Revenue, USD Billion; 2017-2027)
- Hospitals Clinics
- Nursing Homes, Assisted Living Facilities, Long-term Care Centers
- Home Care Settings
- Ambulatory Care Centers
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Medical Wearable market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report:
Koninklijke Philips N.V., Medtronic Plc, Omron Healthcare Co., Ltd., Biotelemetry, Inc., Apple, Inc., GE Healthcare, Abbott Laboratories, Dexcom, Inc., Irhythm Technologies, Inc., Masimo Corporation
Report Highlights:
Besides offering a vivid depiction of the global Medical Wearable business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
The report scrutinizes the salient factors influencing the growth of the market in the near future.
The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
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Regional Outlook of Medical Wearable Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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