Global Wearable Medical Devices Market Size, Share & Trends Analysis Report, By Device Types (Monitoring and Diagnostics Devices and Therapeutic Devices), By Application (Remote Patient Monitoring and Sports & Fitness), By Sites (Wristband, Watches, Chest strap, Patches, and Others), By Distribution Channel (Retail Pharmacies and drugstores, Online Channel, Others), By Region (North America, Europe, APAC, and Others), and Segment Forecasts, 2023 – 2030
  • Published Date: Sep, 2023
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  • Pages: 210
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  • Report Summary
  • Table of Contents
  • Segmentation
  • Methodology
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Wearable medical devices are electronic devices designed to collect the data of user’s personal health and exercises.  These devices use biosensors, such as complementary metal–oxide–semiconductor (CMOS) sensors photodiode sensors to convert light energy into electrical energy or they use camera imaging like a Digital Single-Lens Reflex (DSLR) camera to capture a picture of the vein. They can be worn on the user’s body such as on wrist, arm, head, ear etc. or can be attached as a patch on the skin. Now a days, there are also smart textiles such as smart clothing and shoes available with inbuilt sensor technology to collect health and exercise data.

The Deloitte’s 2022 Connectivity and Mobile Trends study unveiled a trend where significant number of consumers in the U.S. taking charge of their well-being and health, using wearable medical devices. The research found that about 60% of consumer households possess a wearable device, which includes either a fitness tracker or smartwatch. Further it revealed, that the majority of owners use them for tracking health metrics like heart rate, duration of exercise, and quality of sleep. Additionally, nearly 39% of respondents report using their devices to track nutritional habits and calories intake. Impressively, approximately 47% say they share the health data gathered by their wearables with their healthcare providers. Noteworthy is that over 70% of wearable owners attest to the positive impact of these devices and accompanying apps on their fitness and overall health enhancement.

Modern health apps present today, integrate exercise plans, nutrition recommendations, and meal planning to achieve goals like active lifestyle and weight loss. Nevertheless, there exists untapped potential for further advancements. According to Deloitte’s Future of Fresh study, the trend of food as medicine, a concept that highlights the preventative and therapeutic advantages gained through healthy and personalized diets based on scientifically validated claims. Survey results indicated that nearly 50% of surveyed consumers would use a website or an app for personalized food recommendations, while 42% were open to sharing health information with their grocery providers for tailor-made dietary guidance. Thus, companies incorporating exercise, nutrition, and personalized food recommendations in their wearable medical devices for achieving health goals will see an increased demand for their product in coming years.

The Global Wearable Medical Devices Market was valued at US $26.64BN in 2022 and is expected to reach US $152.22BN by 2030, growing at a CAGR of 24.34% during the forecast period 2023 – 2030.

COVID-19 Impact on Wearable Medical Devices

The pandemic has had a significant impact on the use and development of wearable medical devices. There has been an increased interest in these wearable medical devices due to various reason. One such factor is an increase in awareness regarding personal hygiene during COVID-19 and these wearable tech devices coming for the rescue by helping users take precautions to prevent infection or to detect symptoms at an early stage. Therefore, demand for devices with applications for detecting the symptoms of COVID-19 skyrocketed during pandemic as they offer remote monitoring capabilities, which became crucial during lockdowns and to reduce the risk of exposure to the virus. Sensors for monitoring temperature, pulse oximeters, respiratory rate, cough and lung sound, ECG and blood pressure saw a rise in demand during COVID-19. Wearable drug delivery devices such as subcutaneous devices, wearable injectors, and needle-free injectors also saw an increase and doctors, nurses, and home healthcare workers used this technology for administering medications to patients, particularly those requiring regular treatments or managing chronic conditions. This technology not only enhanced patient comfort and compliance but also lightened the burden on healthcare systems strained by the pandemic's challenges.

Factors Driving the Wearable Medical Devices Market

Drivers

Increased focus towards active lifestyle and fitness

Modern lifestyle patterns and sedentary jobs are taking a toll on the health of the people. This is resulting into health issues such as weight gain and shoulder and neck pain etc. This have led to an increased concerns about physical inactivity and the growing awareness of the importance of the same has spurred individuals to prioritize active lifestyles. As medical research continues to highlight the benefits of regular exercise, people are more motivated to engage in physical activities.

This heightened emphasis on adopting active lifestyles and prioritizing fitness has significantly impacted the demand for wearable medical devices. It is because these wearable medical devices, such as smartwatches and fitness trackers, offer real-time monitoring of key health metrics such as heart rate and blood pressure, exercise progress such as number of steps walked or cycled and calories burnt, and activity levels such as sleep pattern, menstrual cycle, motion detection and tracking. This continuous information empowers users to set and track fitness goals, leading to improved accountability and motivation. Further, they provide personalized insights into how many steps should be covered or how many hours the user must sleep to achieve the set goals. This tailored information and data driven approach enables users to make informed decisions about their fitness routines and dietary and identify areas for improvement, contributing to a more effective and targeted approach to health improvement.

In conclusion, the rising focus on active lifestyles and fitness has not only increased the demand for wearable medical devices but also reshaped the landscape of personal health management. These devices have become essential tools in empowering individuals to take charge of their well-being, fostering positive behavioral changes, and contributing to a healthier population overall.

Challenges

High concern towards data security and privacy

Wearable medical devices collect and process user’s demographic information such as gender and age and real-time health data such as user behaviour, mood, and sleep, which offer a great commercial and social value. However, this invaluable data has a high degree of privacy. As health-related data is classified as sensitive and confidential, the responsibility to protect, transmit, and store it securely lies at the heart of this evolving landscape. The procedure of collecting, transmitting, and storing health-related data can raise many privacy and security concerns due to user behaviour, attacks, and data breaches. Furthermore, users are able to use several of those wearable medical devices to make payments, something that adds more security concerns to the aforementioned.

In 2021, according to a report from WebsitePlanet and independent cybersecurity researcher Jeremiah Fowler, around 61 million fitness tracker records from both Fitbit and Apple were exposed online in a wearable device data breach. The exposed data belonged to the users of wearable devices across the globe and included personal information such as names, birthdates, height, weight, gender, and geographical location.

Such incidents underline the inherent vulnerability of wearable device data. The threats posed as a result of such data being leaked are not limited to spam messages or fraud and impersonation but also to the unauthorized utilization of personal data for training algorithms and systems, without seeking consent or being held accountable for potential harm caused. In this paradigm, safeguarding personal health information is not only an ethical imperative but also a necessity to preserve individual autonomy, privacy, and trust and until the wearable medical device manufacturers are able to achieve this completely, this will act as a hindrance to market growth and revenue. 

Trends

Adoption of 5G and Other Digital Technologies

The integration of 5G and other digital technologies into wearable medical devices promises a transformative shift in healthcare.

5G has been developed to accommodate dense networks and facilitate seamless connectivity for enormous amounts of devices. Few, if any, other current or emerging wireless technologies can match the scalability of 5G. Additionally, 5G has higher capacity and lower latency compared to many other technologies, meaning it can support higher volume of devices and data with enhanced performance. Also, 5G is being developed to support tens of billions of users. Low-cost 5G modems for wearable devices are set to become progressively more accessible at lower costs. Notably, leveraging 5G brings about several benefits, including scalability, performance, and cost-effectiveness due to its tailored design for dense networks and impressive capacity.

Similarly, AI is another digital technology being instrumental in unlocking the full potential of wearable devices. By integrating AI algorithms into wearable sensors, manufacturers are able to enhance their capabilities and enable intelligent analysis and interpretation of the data collected, leading to a slew of benefits for both the user or patients and healthcare service providers.

For instance, Atlas Wearables, acquired by Peloton, employs machine learning algorithms to classify the user’s exercise routine in 3D vector to decipher between specific cardio and anaerobic activities. Its advanced movement detection AI even has the power to deduce the energy level and moof of the user. Likewise, Apple uses machine learning to detect heart rate irregularities and predict signs of atrial fibrillation. These examples underscore how AI-driven wearable devices provide real-time data insights, early condition detection, personalized healthcare, and predictive analytics.

The surge in companies developing AI-enhanced wearables points to an imminent proliferation of such innovative products in the market, poised to reshape the landscape of healthcare and wellness.

Wearable Medical Devices Market Segmentation

By Sites

  • The wristband segment dominated the Wearable Medical Devices Market in 2022.
  • The watches are the fastest-growing segment, growing with the CAGR of 24.95% during the forecast period.

By Sites, the Global Wearable Medical Devices Market is divided into wristband, watches, chest strap, patches, and others. The others segment is further divided into smart clothing, ear wear, head, finger, waist, arm, and neck.

The wristband segment dominated the Wearable Medical Devices Market in 2022. It is because wristbands or fitness trackers have been widely recognized and accepted wearable devices. Their familiarity and user-friendly design make them accessible to a broad consumer base.

The watches are the fastest growing segment, growing with the CAGR of 24.95% during the forecast period owing to factors such as convergence of functionality. Smartwatches combine health monitoring capabilities with the features of traditional watches, offering users a single device for timekeeping, notifications, communication, and health tracking. This convergence makes smartwatches highly attractive to consumers looking for multifunctional devices.

By Application

  • The remote patient monitoring segment dominated the Wearable Medical Devices Market in 2022.
  • The sports & fitness segment is the fastest-growing segment, growing with the CAGR of 23.43% during the forecast period.

By Application, the Global Wearable Medical Devices Market is divided into remote patient monitoring and Sports & Fitness.

The remote patient monitoring segment dominated the Wearable Medical Devices Market in 2022. This dominance can be attributed to the increasing demand for personalized and continuous health tracking solutions. Remote patient monitoring offers patients and healthcare providers real-time insights, enabling timely interventions and improved patient outcomes, thus driving its significant presence in the market.

The sports & fitness segment is the fastest growing segment, growing with the CAGR of 23.43% during the forecast period. This growth is indicative of the escalating interest in health-conscious lifestyles and the integration of wearable devices to enhance fitness tracking and athletic performance.

Wearable Medical Devices Market by Device Types

  • The monitoring and diagnostics devices segment dominated the Wearable Medical Devices Market in 2022.
  • The therapeutic devices segment is the fastest-growing segment, growing with the CAGR of 25.59% during the forecast period.

By device types, the Global Wearable Medical Devices Market is divided monitoring & diagnostics devices and therapeutic devices. 

The monitoring and diagnostics devices segment dominated the Wearable Medical Devices Market in 2022. This segment's prominence is attributed to the rising demand for wearable devices that provide real-time health monitoring and diagnostic capabilities, thereby addressing the rising need for proactive healthcare and timely medical interventions.

The therapeutic devices segment is the fastest growing segment, growing with the CAGR of 25.59% during the forecast period. This growth highlights the increasing adoption of wearable medical devices for therapeutic purposes, such as pain management, rehabilitation, and chronic disease management, reflecting the growing recognition of wearable technology's potential in improving healthcare outcomes.

 Wearable Medical Devices Market by Distribution Channel

  • The retail pharmacies and drugstores segment dominated the Wearable Medical Devices Market in 2022.
  • The online channel segment is the fastest-growing segment, growing with the CAGR of 25.19% during the forecast period.

By distribution channel, the Global Wearable Medical Devices Market is divided into pharmacies and drugstores, online channel, and others. The others segmented is further divided into healthcare providers and clinics, manufacturers selling direct to consumers, hypermarkets, and supermarkets.

The retail pharmacies and drugstores segment dominated the Wearable Medical Devices Market in 2022. It is because of the increasing availability of wearable medical devices in these easily accessible pharmacies and drugstores, enabling consumers to conveniently purchase health monitoring solutions along with traditional pharmaceutical products.

The online channel segment is the fastest-growing segment, growing with the CAGR of 25.19% during the forecast period. This growth highlights the swelling preference for online platforms such as Amazon as a convenient means for consumers to access and purchase wearable medical devices, driven by the ease of online shopping, 24/7 accessibility, wide product and price comparisons, availability of user reviews etc. 

Wearable Medical Devices Market by Region

  • The North America region dominated the Wearable Medical Devices Market in 2022.
  • The APAC region is the fastest growing segment, growing with the CAGR of 26.12% during the forecast period.

By region, the Global Wearable Medical Devices Market is divided into North America, Europe, APAC, and others. Others is further divided into Middle Eastern and South America.
The North America region dominated the Wearable Medical Devices Market in 2022. Factors attributing to the dominance of this region includes advanced healthcare infrastructure, high adoption of technology, a strong presence of key industry players, and a population increasingly inclined toward health-conscious lifestyles and wellness monitoring.

The APAC region is the fastest growing segment, growing with the CAGR of 26.12% during the forecast period. Rising adoption of wearable medical devices across APAC countries is fueled by factors such as increasing healthcare awareness, economic growth, growing emphasis on preventive health management, and technological advancements. 

Wearable Medical Devices Market Competitive Landscape

The Wearable Medical Devices Market boasts a dynamic competitive landscape characterized by the presence of numerous key players striving to offer innovative and effective wearable solutions. Companies are concentrating on continuous technological innovations to bring new features in the market along with user friendly applications, and sleek designs all at affordable cost; strategic partnerships; and robust marketing strategies to gain a competitive edge. The competitive landscape is constantly evolving as many new start-ups are entering the market with advanced offerings and as an established companies are expanding their product portfolios. The focus on user-friendly interfaces, accurate health tracking, regulatory compliance, and seamless connectivity will play pivotal roles in determining the success of companies in the Wearable Medical Devices Market.

Major Players

  • Apple, Inc. (US)
  • Koninklijke Philips N.V. (The Netherlands)
  • Alphabet Inc. (US)
  • Omron Corporation (Japan)
  • Medtronic PLC (Ireland)
  • Samsung Group (South Korea)
  • Garmin Ltd. (US)
  • Withings (France)
  • Vital Connect, Inc. (US)
  • ResMed Inc. (US)
  • LifeSense Group B.V. (The Netherlands)
  • Panasonic Corporation (Japan)
  • Abbott Laboratories (US)
  • Dexcom Inc. (US)
  • Zio by iRhythm Technologies, Inc. (US)
  • Sony Corporation (Japan)
  • Sotera, Inc. (US)
  • Xiaomi Corporation (China)
  • Huawei Technologies Co., Ltd. (China)
  • AliveCor Inc. (India)
  • BTS Bioengineering Corp. (US)
  • Cleveland Medical Devices Inc. (US)
  • Wellue Health (US)
  • Peloton Interactive, Inc. (US)

Recent Developments

  • August 2023: Google-owned Fitbit announced that the company will introduce a new app with a refreshed design over the next few months. Fitbit said that it will start testing the new app in beta starting today with a select set of people. The company is also introducing an easy way to track health without owning a Fitbit device. Users can measure their activities like a walk, a run or a hike with a more precise step count and live view of the route on the map using their phones.
  • July 2023 – Garmin India, a unit of Garmin Ltd., announced the launch of the Approach S70 series in India. It is the newest flagship golf smartwatches designed to enhance golfing experiences and overall fitness. Available in two different sizes, these premium smartwatches are packed with advanced on-the-course tools and fitness features to help golfers build a better all-around game.

Wearable Medical Devices Market Scope

Report Components Details
Base Year

2022

Forecast Period

2023 – 2030

Quantitative Units

Revenue in US $

Drivers
  • Increased focus towards active lifestyle and fitness
  • Rising preference for home healthcare compared to healthcare services
  • Increasing prevalence of chronic diseases
  • Rising focus on better care and monitoring during pregnancy
Challenges
  • High concern towards data security and privacy
  • High cost
  • Limited battery life
  • Unfavorable standard and regulations
Trends
  • Adoption of 5G and other digital technologies
  • Rising number of start-ups investing in wearable devices
  • Continuous innovation in the wearable medical devices
  • Protection of wearable technologies through patents
Segments Covered
  • By Device Types (Monitoring and Diagnostics Devices and Therapeutic Devices)
  • By Application (Remote Patient Monitoring and Sports & Fitness)
  • By Sites (Wristband, Watches, Chest strap, Patches, and Others)
  • By Distribution Channel (Retail Pharmacies and Drugstores, Online Channel,and Others)
Countries Covered

U.S. and Canada in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the APAC, Others include Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA), Brazil, Argentina, Mexico, and Rest of South America Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the APAC, Others include Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA), Brazil, Argentina, Mexico, and Rest of South America

 

Market Players Covered

Apple, Inc. (US), Koninklijke Philips N.V. (The Netherlands), Alphabet Inc. (US), Omron Corporation (Japan), Medtronic PLC (Ireland), Samsung Group  (South Korea), Garmin Ltd. (US), Withings (France), Vital Connect, Inc. (US), ResMed Inc. (US), LifeSense Group B.V. (The Netherlands), Panasonic Corporation (Japan), Abbott Laboratories (US), Dexcom Inc. (US), Zio by iRhythm Technologies, Inc. (US), Sony Corporation (Japan), Sotera, Inc. (US), Xiaomi Corporation (China), Huawei Technologies Co., Ltd. (China), AliveCor Inc. (India), BTS Bioengineering Corp. (US), Cleveland Medical Devices Inc. (US), Wellue Health (US), Peloton Interactive, Inc. (US)

24.34 %

Current CAGR Report

2023 - 2030

Table of Contents

1 INTRODUCTION OF GLOBAL WEARABLE MEDICAL DEVICES MARKET

1.1 Overview of the Market

1.2 Scope of Report

1.3 Assumptions

 

2 EXECUTIVE SUMMARY

 

3 RESEARCH METHODOLOGY

3.1 Data Mining

3.2 Validation

3.3 Primary Interviews

3.4 List of Data Sources

 

4 GLOBAL WEARABLE MEDICAL DEVICES MARKET OUTLOOK

4.1 Overview

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.3 Porters Five Force Model

4.3.1. Bargaining Power of Suppliers

4.3.2. Threat of New Entrants

4.3.3. Threat of Substitutes

4.3.4. Competitive Rivalry

4.3.5. Bargaining Power among Buyers

4.4 Value Chain Analysis

 

5 GLOBAL WEARABLE MEDICAL DEVICES MARKET, BY SITES

5.1 Overview

5.2 Wristband

5.3 Watches

5.4 Chest strap

5.5 Patches

5.6 Others

 

6 GLOBAL WEARABLE MEDICAL DEVICES MARKET, BY DEVICE TYPES

6.1 Monitoring and Diagnostics Devices

6.2 Therapeutic Devices

 

7 GLOBAL WEARABLE MEDICAL DEVICES MARKET, BY APPLICATIONS

7.1 Remote Patient Monitoring

7.2 Sports & Fitness

 

8 GLOBAL WEARABLE MEDICAL DEVICES MARKET, BY DISTRIBUTION CHANNELS

8.1 Retail Pharmacies and Drugstores

8.2 Online Channel

8.3 Others

 

9 GLOBAL WEARABLE MEDICAL DEVICES MARKET, BY REGION

9.1 North America

9.1.1 U.S.

9.1.2 Canada

9.2 Europe

9.2.1 Germany

9.2.3 U.K.

9.2.4 France

9.2.5 Rest of Europe

9.3 Asia Pacific

9.3.1 China

9.3.2 Japan

9.3.3 India

9.3.4 South Korea

9.3.5 Singapore

9.3.6 Malaysia

9.3.7 Australia

9.3.8 Thailand

9.3.9 Indonesia

9.3.10 Philippines

9.3.11 Rest of Asia Pacific

9.4 Others

9.4.1 Saudi Arabia

9.4.2 U.A.E.

9.4.3 South Africa

9.4.4 Egypt

9.4.5 Israel

9.4.6 Rest of Middle East and Africa (MEA)

9.4.7 Brazil

9.4.8 Argentina

9.4.9 Mexico

9.4.10 Rest of South America

 

10 COMPANY PROFILES

10.1 Apple, Inc.

10.1.1. Company Overview

10.1.2. Key Executives

10.1.3. Operating Business Segments

10.1.4. Product Portfolio

10.1.5. Financial Performance (As per availability)

10.1.6 Key News

 

10.2 Koninklijke Philips N.V.

10.2.1. Company Overview

10.2.2. Key Executives

10.2.3. Operating Business Segments

10.2.4. Product Portfolio

10.2.5. Financial Performance (As per availability)

10.2.6 Key News

 

10.3 Alphabet Inc.

10.3.1. Company Overview

10.3.2. Key Executives

10.3.3. Operating Business Segments

10.3.4. Product Portfolio

10.3.5. Financial Performance (As per availability)

10.3.6 Key News

 

10.4 Omron Corporation

10.4.1. Company Overview

10.4.2. Key Executives

10.4.3. Operating Business Segments

10.4.4. Product Portfolio

10.4.5. Financial Performance (As per availability)

10.4.6 Key News

 

10.5 Medtronic PLC

10.5.1. Company Overview

10.5.2. Key Executives

10.5.3. Operating Business Segments

10.5.4. Product Portfolio

10.5.5. Financial Performance (As per availability)

10.5.6 Key News

 

10.6 Samsung Group

10.6.1. Company Overview

10.6.2. Key Executives

10.6.3. Operating Business Segments

10.6.4. Product Portfolio

10.6.5. Financial Performance (As per availability)

10.6.6 Key News

 

10.7 Garmin Ltd.

10.7.1. Company Overview

10.7.2. Key Executives

10.7.3. Operating Business Segments

10.7.4. Product Portfolio

10.7.5. Financial Performance (As per availability)

10.7.6 Key News

 

10.8 Withings

10.8.1. Company Overview

10.8.2. Key Executives

10.8.3. Operating Business Segments

10.8.4. Product Portfolio

10.8.5. Financial Performance (As per availability)

10.8.6 Key News

 

10.9 Vital Connect, Inc.

10.9.1. Company Overview

10.9.2. Key Executives

10.9.3. Operating Business Segments

10.9.4. Product Portfolio

10.9.5. Financial Performance (As per availability)

10.9.6 Key News

 

 

10.10 ResMed Inc.

10.10.1. Company Overview

10.10.2. Key Executives

10.10.3. Operating Business Segments

10.10.4. Product Portfolio

10.10.5. Financial Performance (As per availability)

10.10.6 Key News

 

10.11 LifeSense Group B.V.

10.11.1. Company Overview

10.11.2. Key Executives

10.11.3. Operating Business Segments

10.11.4. Product Portfolio

10.11.5. Financial Performance (As per availability)

10.11.6 Key News

 

10.12 Panasonic Corporation

10.12.1. Company Overview

10.12.2. Key Executives

10.12.3. Operating Business Segments

10.12.4. Product Portfolio

10.12.5. Financial Performance (As per availability)

10.12.6 Key News

 

10.13 Abbott Laboratories

10.13.1. Company Overview

10.13.2. Key Executives

10.13.3. Operating Business Segments

10.13.4. Product Portfolio

10.13.5. Financial Performance (As per availability)

10.13.6 Key News

 

10.14 Dexcom Inc.

10.14.1. Company Overview

10.14.2. Key Executives

10.14.3. Operating Business Segments

10.14.4. Product Portfolio

10.14.5. Financial Performance (As per availability)

10.14.6 Key News

 

10.15 Zio by iRhythm Technologies, Inc.`

10.15.1. Company Overview

10.15.2. Key Executives

10.15.3. Operating Business Segments

10.15.4. Product Portfolio

10.15.5. Financial Performance (As per availability)

10.15.6 Key News

 

10.16 Sony Corporation

10.16.1. Company Overview

10.16.2. Key Executives

10.16.3. Operating Business Segments

10.16.4. Product Portfolio

10.16.5. Financial Performance (As per availability)

10.16.6 Key News

 

10.17 Sotera, Inc.

10.17.1. Company Overview

10.17.2. Key Executives

10.17.3. Operating Business Segments

10.17.4. Product Portfolio

10.17.5. Financial Performance (As per availability)

10.17.6 Key News

10.18 Xiaomi Corporation

10.18.1. Company Overview

10.18.2. Key Executives

10.18.3. Operating Business Segments

10.18.4. Product Portfolio

10.18.5. Financial Performance (As per availability)

10.18.6 Key News

 

10.19 Huawei Technologies Co., Ltd.

10.19.1. Company Overview

10.19.2. Key Executives

10.19.3. Operating Business Segments

10.19.4. Product Portfolio

10.19.5. Financial Performance (As per availability)

10.19.6 Key News

 

10.20 AliveCor Inc.

10.20.1. Company Overview

10.20.2. Key Executives

10.20.3. Operating Business Segments

10.20.4. Product Portfolio

10.20.5. Financial Performance (As per availability)

10.20.6 Key News

 

10.21 BTS Bioengineering Corp.

10.21.1. Company Overview

10.21.2. Key Executives

10.21.3. Operating Business Segments

10.21.4. Product Portfolio

10.21.5. Financial Performance (As per availability)

10.21.6 Key News

 

10.22 Cleveland Medical Devices Inc.

10.22.1. Company Overview

10.22.2. Key Executives

10.22.3. Operating Business Segments

10.22.4. Product Portfolio

10.22.5. Financial Performance (As per availability)

10.22.6 Key News

 

10.23 Wellue Health

10.23.1. Company Overview

10.23.2. Key Executives

10.23.3. Operating Business Segments

10.23.4. Product Portfolio

10.23.5. Financial Performance (As per availability)

10.23.6 Key News

 

10.24 Peloton Interactive, Inc.

10.24.1. Company Overview

10.24.2. Key Executives

10.24.3. Operating Business Segments

10.24.4. Product Portfolio

10.24.5. Financial Performance (As per availability)

10.24.6 Key News

 

 

 

Global Wearable Medical Devices Market Segmentation

Wearable Medical Devices Market by Sites: Market Size & Forecast 2023-2030

  • Wristband
  • Watches
  • Chest strap
  • Patches
  • Others

Wearable Medical Devices Market by Device Types: Market Size & Forecast 2023-2030

  • Monitoring and Diagnostics Devices
  • Therapeutic Devices

Wearable Medical Devices Market by Application: Market Size & Forecast 2023-2030

  • Remote Patient Monitoring
  • Sports & Fitness

Wearable Medical Devices Market by Distribution Channel: Market Size & Forecast 2023-2030

  • Retail Pharmacies and Drugstores
  • Online Channel
  • Others

Wearable Medical Devices by Geography: Market Size & Forecast 2023-2030

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Major Players:

  • Apple, Inc. (US)
  • Koninklijke Philips N.V. (The Netherlands)
  • Alphabet Inc. (US)
  • Omron Corporation (Japan)
  • Medtronic PLC (Ireland)
  • Samsung Group (South Korea)
  • Garmin Ltd. (US)
  • Withings (France)
  • Vital Connect, Inc. (US)
  • ResMed Inc. (US)
  • LifeSense Group B.V. (The Netherlands)
  • Panasonic Corporation (Japan)
  • Abbott Laboratories (US)
  • Dexcom Inc. (US)
  • Zio by iRhythm Technologies, Inc. (US)
  • Sony Corporation (Japan)
  • Sotera, Inc. (US)
  • Xiaomi Corporation (China)
  • Huawei Technologies Co., Ltd. (China)
  • AliveCor Inc. (India)
  • BTS Bioengineering Corp. (US)
  • Cleveland Medical Devices Inc. (US)
  • Wellue Health (US)
  • Peloton Interactive, Inc. (US)

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