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.
Emergen research latest document, titled ‘Global Medical Wearable Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Medical Wearable Market . The report’s authors have offered necessary details on the latestMedical Wearable Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of theMedical Wearable Market industry entails useful insights into the estimatedMedical Wearable Market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future.
Covid impact analysis :
Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the currentMedical Wearable Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, theMedical Wearable Market report discusses its existing situation. TheMedical Wearable Market report eventually offers conclusive data related to theMedical Wearable Market growth assessed on both regional and global levels.
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Key participants include Koninklijke Philips N.V., Medtronic Plc, Omron Healthcare Co., Ltd., Biotelemetry, Inc., Apple, Inc., GE Healthcare, Abbott Laboratories, Dexcom, Inc., Irhythm Technologies, Inc., and Masimo Corporation, among others.
Market Scope:
One of the report’s central components is the broadMedical Wearable Market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of theMedical Wearable Market players.
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Key questions addressed in the report:
- What are the key factors driving the globalMedical Wearable Market ?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the globalMedical Wearable Market ?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
For the purpose of this report, Emergen Research has segmented into the global Medical Wearable Market on the product, device type, end-user, and region:
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
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
Key geographical areas:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 KeyMedical Wearable Market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 GlobalMedical Wearable Market size
2.2 LatestMedical Wearable Market trends
2.3 Key growth trends - Competitive Landscape
3.1 GlobalMedical Wearable Market key players
3.2 GlobalMedical Wearable Market size by manufacturers
3.3 Products of major players
3.4 Entry barriers in theMedical Wearable Market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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