The wearable medical devices
market is expected to face certain restraints from several factors such as
privacy issues over sensitive patient data, increasing design constraints and
pricing competition among vendors and manufacturers. Wearable medical devices
are small electronic products, often consisting of one or more sensors, and
having computational capability. They are embedded into items that are attach
to the body parts, such as head, feet, arms, wrists and waist. They can
resemble a watch, eyeglasses, some clothing, contact lenses, shoes or even
jeweler. Wearable medical devices can be generally divided based on consumer or
non-consumer applications. These two categories can be further segmented based
on the particular sector the product targets. Straps and headbands are the most
common application areas of wearable medical devices. The increasing demand for
devices in the remote patient monitoring devices and home healthcare industries
is expected to propel the demand for wearable medical devices. Furthermore,
increasing focus on fitness, growing awareness among the population, rise in
base of aging population, and a healthy lifestyle orientation are also expected
to impact the wearable medical devices market.
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The global wearable medical devices
market is highly dynamic and fragmented with the presence of many wearable
medical technology companies. Top wearable medical device manufacturers in the
market include Koninklijke Philips N.V., Omron Corporation, Zephyr Technology
Corporation, Fitbit Inc. and Boston Scientific Corporation. The global wearable
medical devices market is further segmented based on applications type, product
category, type of device, site of application and geography. The therapeutic
wearable medical devices market is sub segmented into pain management devices,
insulin monitoring devices, respiratory therapy devices and rehabilitation
devices. The diagnostic wearable medical devices market is sub segmented into
vital sign monitors, sleep and activity monitors, fetal and obstetric monitors,
neuro monitoring devices and ECG monitors. The global wearable medical devices
market is also segmented into handheld, headband, strap, shoe sensors and other
wearable medical devices. The global health wearables market is segmented into
the Americas, Asia-Pacific and Europe, Middle East and Africa. Among these
regions, the American wearable medical devices market accounts for the largest
share in the global wearable medical devices market. In 2018, it accounted for
about 46% of the global wearable medical devices market.
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Table Of Content:
1 Executive Summary
2 Report`s Scope
3 Market Characteristics
4 Global Wearable Medical Devices Market Size And Growth
5 Porter`s Five Forces Analysis
6 Wearable Medical Devices Market Segmentation
7 Wearable Medical Devices Market Regional And Country
Analysis
8 Mergers And Acquisitions
9 Competitive Analysis
10 Industry Overview
11 Appendix
12 The Business Research Company
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