Wearable Healthcare Devices Market by Product (Trackers, Smartwatch), Type (Diagnostic (BP, Glucose, ECG), Therapeutic (Pain, Insulin)), Grade (Consumer, Clinical), Channel (Pharmacies, E-commerce), Application (Fitness, RPM), & Region - Global Forecast to 2026
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The global wearable healthcare devices market in terms of revenue was estimated to be worth $16.2 billion in 2021 and is poised to reach $30.1 billion by 2026, growing at a CAGR of 13.2% from 2021 to 2026. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. Market growth is driven by growing investments, funds, and grants and a growing preference for wireless connectivity among healthcare providers.
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Wearable Healthcare Devices Market Dynamics
Driver: Increasing awareness of fitness, lifestyle, and home healthcare
The market has witnessed significant growth in recent years, primarily due to the rising geriatric population, the increasing prevalence of chronic diseases, and the availability of advanced medical devices (including wearable medical devices) that enable the delivery of quality care in non-hospital settings.
Opportunity: Increasing adoption of artificial intelligence and 5G
5G, artificial intelligence (AI), and machine learning (ML) can be used to determine potential diagnoses and treatments for a specific patient. Furthermore, AI can help predict which patients are more likely to have postoperative complications, allowing healthcare systems to provide early interventions. Generally, real-time learning with a high volume of data needs trustworthy and high-bandwidth networks. With the help of 5G networks, healthcare organisations can use AI tools to provide the best care possible in real-time, wherever they are. Thus, the use of emerging advanced tools and technologies like AI and 5G can be expected to provide high-growth opportunities in the market.
Restraint: Unfavorable standards and regulations
National authorities play an important role in determining reimbursements for mobile healthcare. In many EU member states, national laws define medical care based on the physical presence of the patient and doctor, affecting reimbursements for mobile and remote healthcare solutions. Such regulations slow the adoption of wearables in the healthcare arena.
Challenge: Patent protection for wearable healthcare devices
Patent reforms and patent trolls are major challenges faced by clinical device manufacturers in the US and Europe. Patent trolls are businesses that acquire patents to collect royalties from companies whose products or practises allegedly infringe patents owned by patent assertion entities or non-practicing entities (NPEs). In 2013, patent trolls entered the medical technology industry by filing numerous infringement lawsuits against medical device companies. By taking careful steps to protect mobile medical technology innovations through patents, companies can secure the financial and legal payments of successfully filed patents and minimise potential losses caused by patent trolls. Protecting patents is the key to success in the rapidly evolving clinical-grade wearables market.
The trackers segment accounted for the largest share of the wearable healthcare devices market, by product.
The wearable medical device market is segmented based on product into trackers, smartwatches, patches, and smart clothing. The trackers segment accounted for the largest share, mainly due to the increasing penetration of smartphones and the growing number of smartphone-based healthcare devices.
Diagnostic and monitoring devices accounted for the largest share of the wearable healthcare devices market, by device type.
Diagnostic and monitoring devices (multiparameter trackers, ECG heart rate monitors, blood pressure monitors, and pulse oximeters), glucose monitoring devices, sleep monitoring devices (wrist actigraphs, polysomnography devices), foetal monitoring devices, neuromonitoring devices, and other diagnostic and monitoring devices), and therapeutic devices (pain management devices, rehabilitation devices, and respiratory thermic devices) dominate the wearable healthcare device market. based on test type. The diagnostic and monitoring devices segment accounted for the largest share. Factors such as the growing geriatric population and subsequent increase in the incidence of chronic diseases
The consumer-grade segment accounted for the largest share in the wearable healthcare devices market, by grade type.
The market has been segmented into consumer-grade wearable healthcare devices and clinical-grade healthcare devices. The consumer-grade segment accounted for the largest share of the market. Increasing awareness of fitness, lifestyle, and home healthcare is driving the growth of this segment.
Pharmacies accounted for the largest share in the wearable healthcare devices market by distribution channel.
The market has been segmented into pharmacies, online channels, and hypermarkets. The pharmacy segment held the largest share of the market. The growing geriatric population and subsequent increase in the incidence of chronic diseases are driving the growth of this segment.
The general health and fitness segment accounted for the largest share in the wearable healthcare devices market, by application.
The market has been segmented into general health and fitness, remote patient monitoring, and home healthcare. The general health and fitness segment held the largest share of the market. Robust penetration of 3G and 4G networks for uninterrupted healthcare services is driving the growth of this segment.
North America is the largest region of the wearable healthcare devices market.
The market is segmented into five major regions: North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The North American market's growth can be attributed to the increasing penetration of smartphones, the growing number of smartphone-based healthcare devices, and growing investments, funds, and grants.
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Some key players in the wearable healthcare devices market are
- Apple Inc. (US)
- Koninklijke Philips N.V. (Netherlands)
- Fitbit Inc. (US)
- OMRON Corporation (Japan)
- Medtronic PLC (Ireland)
Wearable Healthcare Devices Market Report Scope
|
Report Metric |
Details |
|
Market Revenue in 2021 |
$16.2 billion |
|
Projected Revenue by 2026 |
$30.1 billion |
|
Revenue Rate |
Poised to grow at a CAGR of 13.2% |
|
Market Driver |
Increasing awareness of fitness, lifestyle, and home healthcare |
|
Market Opportunity |
Increasing adoption of artificial intelligence and 5G |
This report categorizes the wearable healthcare devices market to forecast revenue and analyze trends in each of the following submarkets:
By Product
- Trackers
- Smartwatches
- Pathes
- Smart Clothing
By Device Type
-
Diagnostic and Monitoring Devices
- Vital Sign Monitoring Devices
- Multiparameter Tracker
- ECG\Heart Rate Monitors
- Blood Pressure Monitors
-
Pulse Oximeters
- Glucose Monitoring Devices
- Wrist Actigraphs
-
Polysomnography Devices
- Sleep Monitoring Devices
- Fetal monitoring and Obstetric Devices
- Neuromonitoring Devices
- Other Diagnostic and Monitoring Devices
-
Traditional Diagnostic Tests
- Pain Management Devices
- Rehabilitation Devices
- Respiratory Therapy Devices
- Insulin Pumps
By Grade Type
- Consumer-Grade Wearable Healthcare Devices
- Clinical-Grade Wearable Healthcare Devices
By Distribution Channel
- Pharmacies
- Online Channel
- Hypermarkets
By Application
- General Health and Fitness
- Remote Patient Monitoring
- Home Healthcare
By Region
-
North America
- US
- Canada
-
Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
-
Asia Pacific
- China
- Japan
- India
- Australia and New Zealand
- Rest of Asia Pacific
- Latin America
- Middle East & Africa
Recent Developments
- In April 2021 Fitbit, Inc. (US) Launched Fitbit Luxe.
- In June 2020, Koninklijke Philips N.V. (Netherlands) Launched fetal and maternal pods and patches for continuous, non-invasive monitoring of maternal heart rate, fetal heart rate, and uterine activity with a single-use, 48-hour, disposable electrode patch.
- In March 2020, Fitbit, Inc. (US) partnered with FibriCheck to deliver a CE-marked Heart Health Detection App to Fitbit smartwatch users in Europe.
Frequently Asked Questions (FAQ):
What is the projected market revenue value of the global wearable healthcare devices market?
The global wearable healthcare devices market boasts a total revenue value of $30.1 billion by 2026.
What is the estimated growth rate (CAGR) of the global wearable healthcare devices market?
The global market for wearable healthcare devices has an estimated compound annual growth rate (CAGR) of 13.2% and a revenue size in the region of $16.2 billion in 2021.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 36)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY
1.3 MARKETS COVERED
FIGURE 1 WEARABLE HEALTHCARE DEVICES MARKET SEGMENTATION
1.3.1 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 42)
2.1 RESEARCH DATA
2.2 RESEARCH APPROACH
FIGURE 2 WEARABLE HEALTHCARE DEVICES MARKET: RESEARCH DESIGN
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Key data from primary sources
2.2.2.2 Key industry insights
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 4 MARKET: BOTTOM-UP APPROACH
FIGURE 5 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS
2.3.2 TOP-DOWN APPROACH
FIGURE 6 WEARABLE MEDICAL DEVICE MARKET: TOP-DOWN APPROACH
2.4 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION METHODOLOGY
2.5 ASSUMPTIONS FOR THE STUDY
2.6 GROWTH RATE ASSUMPTIONS
2.7 LIMITATIONS
2.8 RISK ASSESSMENT
2.9 COVID-19 HEALTH ASSESSMENT
2.10 COVID-19 ECONOMIC ASSESSMENT
2.11 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO
FIGURE 8 CRITERIA IMPACTING THE GLOBAL ECONOMY
FIGURE 9 RECOVERY SCENARIO OF THE GLOBAL ECONOMY
2.12 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE WEARABLE HEALTHCARE DEVICES MARKET
3 EXECUTIVE SUMMARY (Page No. - 55)
FIGURE 10 WEARABLE HEALTHCARE DEVICES MARKET, BY PRODUCT, 2021 VS. 2026 (USD MILLION)
FIGURE 11 MARKET, BY GRADE, 2021 VS. 2026 (USD MILLION)
FIGURE 12 WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2021 VS. 2026 (USD MILLION)
FIGURE 13 MARKET, BY APPLICATION, 2021 VS. 2026 (USD MILLION)
FIGURE 14 MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
4 PREMIUM INSIGHTS (Page No. - 59)
4.1 WEARABLE HEALTHCARE DEVICES MARKET OVERVIEW
FIGURE 15 INCREASING AWARENESS OF FITNESS AND LIFESTYLE TO DRIVE MARKET GROWTH
4.2 MARKET SHARE, BY PRODUCT, 2021 VS. 2026
FIGURE 16 TRACKERS WILL CONTINUE TO DOMINATE THE MARKET IN 2026
4.3 WEARABLE MEDICAL DEVICE MARKET SHARE, BY TYPE, 2021 VS. 2026
FIGURE 17 DIAGNOSTIC & MONITORING DEVICES TO DOMINATE THE MARKET DURING THE FORECAST PERIOD
4.4 MARKET SHARE, BY GRADE, 2021 VS. 2026
FIGURE 18 CONSUMER-GRADE WEARABLE HEALTHCARE DEVICES TO DOMINATE THE MARKET DURING THE FORECAST PERIOD
4.5 MARKET SHARE, BY DISTRIBUTION CHANNEL, 2021 VS. 2026
FIGURE 19 PHARMACIES ARE THE MOST FREQUENTLY USED DISTRIBUTION CHANNELS
4.6 MARKET SHARE, BY APPLICATION, 2021 VS. 2026
FIGURE 20 GENERAL HEALTH AND FITNESS APPLICATIONS TO DOMINATE THE MARKET DURING THE FORECAST PERIOD
4.7 MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES
FIGURE 21 NORTH AMERICA TO COMMAND THE LARGEST SHARE AND ASIA PACIFIC TO REGISTER THE HIGHEST GROWTH RATE IN THE MARKET
5 MARKET OVERVIEW (Page No. - 63)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 22 WEARABLE HEALTHCARE DEVICES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Increasing awareness of fitness, lifestyle, and home healthcare
5.2.1.2 Development of technologically advanced products
5.2.1.3 Growing geriatric population and subsequent increase in the incidence of chronic diseases
5.2.1.4 Growing investments, funds, and grants
5.2.1.5 Robust penetration of 3G and 4G networks for uninterrupted healthcare services
5.2.1.6 Increasing penetration of smartphones and the growing number of smartphone-based healthcare devices
5.2.1.7 Growing preference for wireless connectivity among healthcare providers
5.2.2 RESTRAINTS
5.2.2.1 Unfavorable standards and regulations
5.2.2.2 Issues related to the accuracy, standardization, and analysis of wearable-generated data
5.2.2.3 Data security challenges
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing adoption of artificial intelligence and 5G
5.2.4 CHALLENGES
5.2.4.1 Patent protection of wearable healthcare devices
5.2.4.2 Limited battery life
5.2.4.3 Device design complexity
5.3 IMPACT OF COVID-19 ON THE MARKET
5.4 PRICING ANALYSIS
TABLE 1 PRICES OF WEARABLE HEALTHCARE DEVICES (2021)
5.5 PATENT ANALYSIS
5.6 TRADE ANALYSIS
5.6.1 TRADE ANALYSIS FOR MEDICAL DEVICES
TABLE 2 IMPORT DATA FOR MEDICAL DEVICES, BY COUNTRY, 2016–2020 (USD MILLION)
TABLE 3 EXPORT DATA FOR MEDICAL DEVICES, BY COUNTRY, 2016–2020 (USD MILLION)
5.7 VALUE CHAIN ANALYSIS
FIGURE 23 MAJOR VALUE IS ADDED DURING THE MANUFACTURING & ASSEMBLY PHASES
5.8 SUPPLY CHAIN ANALYSIS
FIGURE 24 DISTRIBUTION—A STRATEGY PREFERRED BY PROMINENT COMPANIES
5.9 ECOSYSTEM ANALYSIS OF THE MARKET
FIGURE 25 MARKET: ECOSYSTEM ANALYSIS
5.9.1 ROLE IN THE ECOSYSTEM
5.10 PORTER’S FIVE FORCES ANALYSIS
TABLE 4 MARKET: PORTER’S FIVE FORCES ANALYSIS
5.10.1 THREAT FROM NEW ENTRANTS
5.10.2 THREAT FROM SUBSTITUTES
5.10.3 BARGAINING POWER OF BUYERS
5.10.4 BARGAINING POWER OF SUPPLIERS
5.10.5 DEGREE OF COMPETITION
5.11 PESTLE ANALYSIS
5.12 REGULATORY LANDSCAPE
5.12.1 NORTH AMERICA
5.12.1.1 US
5.12.1.2 Canada
5.12.2 ASIA PACIFIC
5.12.2.1 Japan
5.12.2.2 India
5.12.2.3 China
5.12.3 LATIN AMERICA
5.12.3.1 Brazil
5.12.3.2 Mexico
5.12.4 MIDDLE EAST
5.12.5 AFRICA
5.13 TECHNOLOGY ANALYSIS
5.14 DISRUPTIVE TECHNOLOGIES IN THE MARKET
5.14.1 REVENUE SHIFT & REVENUE POCKETS FOR THE MARKET
FIGURE 26 REVENUE SHIFT FOR THE MARKET
6 WEARABLE HEALTHCARE DEVICES MARKET, BY PRODUCT (Page No. - 84)
6.1 INTRODUCTION
TABLE 5 WEARABLE MEDICAL DEVICE MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
6.2 TRACKERS
6.2.1 GROWING HEALTH CONCERNS DUE TO LIFESTYLE DISEASES TO DRIVE THE GROWTH OF THIS MARKET SEGMENT
TABLE 6 TRACKERS OFFERED BY MARKET PLAYERS
FIGURE 27 INSIGHTS FROM INDUSTRY EXPERTS ON TRACKERS
TABLE 7 MARKET FOR TRACKERS, BY REGION, 2019–2026 (USD MILLION)
6.3 SMARTWATCHES
6.3.1 EASE OF USE OF SMARTWATCHES WITH GOOD DATA CONNECTIVITY AND DISPLAY TO BOOST THE DEMAND FOR THESE DEVICES
TABLE 8 SMARTWATCHES OFFERED BY MARKET PLAYERS
TABLE 9 MARKET FOR SMARTWATCHES, BY REGION, 2019–2026 (USD MILLION)
6.4 PATCHES
6.4.1 HIGH ACCURACY LEVEL OF PATCHES TO DRIVE THEIR DEMAND
TABLE 10 PATCHES OFFERED BY MARKET PLAYERS
TABLE 11 MARKET FOR PATCHES, BY REGION, 2019–2026 (USD MILLION)
6.5 SMART CLOTHING
6.5.1 HYBRID COMBINATION OF CLOTHING WITH ADVANCED FUNCTIONALITIES TO FUEL THE GROWTH OF THIS MARKET SEGMENT
TABLE 12 SMART CLOTHING OFFERED BY MARKET PLAYERS
TABLE 13 MARKET FOR SMART CLOTHING, BY REGION, 2019–2026 (USD MILLION)
7 WEARABLE HEALTHCARE DEVICES MARKET, BY TYPE (Page No. - 91)
7.1 INTRODUCTION
TABLE 14 WEARABLE MEDICAL DEVICE MARKET, BY TYPE, 2019–2026 (USD MILLION)
7.2 DIAGNOSTIC & MONITORING DEVICES
TABLE 15 WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 16 WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY REGION, 2019–2026 (USD MILLION)
7.2.1 VITAL SIGN MONITORING DEVICES
TABLE 17 WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 18 WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY REGION, 2019–2026 (USD MILLION)
7.2.1.1 Multiparameter trackers
7.2.1.1.1 Versatile functionalities offered by multiparameter trackers to drive demand for these devices
TABLE 19 WEARABLE MULTIPARAMETER TRACKERS OFFERED BY MARKET PLAYERS
TABLE 20 WEARABLE MULTIPARAMETER TRACKERS MARKET, BY REGION, 2019–2026 (USD MILLION)
7.2.1.2 ECG/heart rate monitors
7.2.1.2.1 Ability to continuously monitor critical cardiac parameters to drive the demand for ECG/heart rate monitors
TABLE 21 WEARABLE ECG/HEART RATE MONITORS OFFERED BY MARKET PLAYERS
TABLE 22 WEARABLE ECG/HEART RATE MONITORS MARKET, BY REGION, 2019–2026 (USD MILLION)
7.2.1.3 Blood pressure monitors
7.2.1.3.1 Rising incidence of hypertension to drive the growth of this segment
TABLE 23 WEARABLE BLOOD PRESSURE MONITORS OFFERED BY MARKET PLAYERS
TABLE 24 WEARABLE BLOOD PRESSURE MONITORS MARKET, BY REGION, 2019–2026 (USD MILLION)
7.2.1.4 Pulse oximeters
7.2.1.4.1 Continuous monitoring of oxygenation levels is of critical importance in hospitals and other critical care settings
TABLE 25 WEARABLE PULSE OXIMETERS OFFERED BY MARKET PLAYERS
TABLE 26 WEARABLE PULSE OXIMETERS MARKET, BY REGION, 2019–2026 (USD MILLION)
7.2.2 GLUCOSE MONITORING DEVICES
7.2.2.1 Increasing incidence of diabetes to drive the growth of this market segment
TABLE 27 WEARABLE GLUCOSE MONITORING DEVICES OFFERED BY MARKET PLAYERS
TABLE 28 WEARABLE GLUCOSE MONITORING DEVICES MARKET, BY REGION, 2019–2026 (USD MILLION)
7.2.3 SLEEP MONITORING DEVICES
7.2.3.1 Continuous monitoring of sleep patterns helps identify the root cause of sleep-related disorders
TABLE 29 WEARABLE SLEEP MONITORING DEVICES OFFERED BY MARKET PLAYERS
TABLE 30 WEARABLE SLEEP MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 31 WEARABLE SLEEP MONITORING DEVICES MARKET, BY REGION, 2019–2026 (USD MILLION)
7.2.3.1.1 Wrist actigraphs
7.2.3.1.1.1 Increasing focus on assessing actimeter performance contributes to market growth
TABLE 32 WEARABLE WRIST ACTIGRAPHS MARKET, BY REGION, 2019–2026 (USD MILLION)
7.2.3.1.2 Polysomnography devices
7.2.3.1.2.1 Awareness on the diagnosis of sleep-related disorders to drive the market segment
TABLE 33 WEARABLE POLYSOMNOGRAPHY DEVICES OFFERED BY MARKET PLAYERS
TABLE 34 WEARABLE POLYSOMNOGRAPHY DEVICES MARKET, BY REGION, 2019–2026 (USD MILLION)
7.2.4 FETAL MONITORING AND OBSTETRIC DEVICES
7.2.4.1 Rising focus on better care and monitoring during pregnancy to drive the growth of this market segment
TABLE 35 WEARABLE FETAL MONITORING AND OBSTETRIC DEVICES OFFERED BY MARKET PLAYERS
TABLE 36 WEARABLE FETAL MONITORING AND OBSTETRIC DEVICES MARKET, BY REGION, 2019–2026 (USD MILLION)
7.2.5 NEUROMONITORING DEVICES
7.2.5.1 Major advantages of these devices such as enhanced portability and ease of use to drive the market growth
TABLE 37 WEARABLE NEUROMONITORING DEVICES OFFERED BY MARKET PLAYERS
TABLE 38 WEARABLE NEUROMONITORING DEVICES MARKET, BY REGION, 2019–2026 (USD MILLION)
7.3 THERAPEUTIC DEVICES
TABLE 39 WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 40 WEARABLE THERAPEUTIC DEVICES MARKET, BY REGION, 2019–2026 (USD MILLION)
7.3.1 PAIN MANAGEMENT DEVICES
7.3.1.1 Rising incidence of chronic pain to drive the demand for pain management devices
TABLE 41 WEARABLE PAIN MANAGEMENT DEVICES OFFERED BY MARKET PLAYERS
TABLE 42 WEARABLE PAIN MANAGEMENT DEVICES MARKET, BY REGION, 2019–2026 (USD MILLION)
7.3.2 REHABILITATION DEVICES
7.3.2.1 Rising need for easy and home rehabilitation of patients to support the growth of this market segment
TABLE 43 WEARABLE REHABILITATION DEVICES OFFERED BY MARKET PLAYERS
TABLE 44 WEARABLE REHABILITATION DEVICES MARKET, BY REGION, 2019–2026 (USD MILLION)
7.3.3 RESPIRATORY THERAPY DEVICES
7.3.3.1 Increasing incidence of COPD to drive the demand for respiratory therapy devices
TABLE 45 WEARABLE RESPIRATORY THERAPY DEVICES MARKET, BY REGION, 2019–2026 (USD MILLION)
7.3.4 INSULIN PUMPS
7.3.4.1 Growing need for self-monitoring and the delivery of insulin to support the growth of this market segment
TABLE 46 WEARABLE INSULIN PUMPS MARKET, BY REGION, 2019–2026 (USD MILLION)
8 WEARABLE HEALTHCARE DEVICES MARKET, BY GRADE (Page No. - 114)
8.1 INTRODUCTION
TABLE 47 WEARABLE MEDICAL DEVICE MARKET, BY GRADE, 2019–2026 (USD MILLION)
8.2 CONSUMER-GRADE WEARABLE HEALTHCARE DEVICES
8.2.1 EASY AVAILABILITY AND LOW COST OF CONSUMER-GRADE DEVICES TO SUPPORT THE GROWTH OF THIS MARKET SEGMENT
TABLE 48 EXAMPLES OF CONSUMER-GRADE WEARABLE HEALTHCARE DEVICES
TABLE 49 CONSUMER-GRADE MARKET, BY REGION, 2019–2026 (USD MILLION)
8.3 CLINICAL-GRADE WEARABLE HEALTHCARE DEVICES
8.3.1 HIGH ACCURACY WITH INCREASED CLINICAL USE TO DRIVE THE DEMAND FOR CLINICAL-GRADE WEARABLE HEALTHCARE DEVICES
TABLE 50 EXAMPLES OF CLINICAL-GRADE WEARABLE HEALTHCARE DEVICES
TABLE 51 CLINICAL-GRADE DEVICES MARKET, BY REGION, 2019–2026 (USD MILLION)
9 WEARABLE HEALTHCARE DEVICES MARKET, BY DISTRIBUTION CHANNEL (Page No. - 119)
9.1 INTRODUCTION
TABLE 52 WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
9.2 PHARMACIES
9.2.1 SUBSTANTIAL INCREASE IN SUPPLY OF WEARABLE DEVICES IN PHARMACIES TO SUPPORT THE GROWTH OF THIS MARKET SEGMENT
TABLE 53 MARKET FOR PHARMACIES, BY REGION, 2019–2026 (USD MILLION)
9.3 ONLINE CHANNELS
9.3.1 EASE OF USE AND HIGH LEVELS OF CONVENIENCE HAVE MADE ONLINE SALES A PROMINENT PART OF DISTRIBUTION
TABLE 54 MARKET FOR ONLINE CHANNELS, BY REGION, 2019–2026 (USD MILLION)
9.4 HYPERMARKETS
9.4.1 GROWTH OF RETAIL BUSINESSES AND INCREASING SCOPE OF HYPERMARKETS TO DRIVE THIS SEGMENT
TABLE 55 MARKET FOR HYPERMARKETS, BY REGION, 2019–2026 (USD MILLION)
10 WEARABLE HEALTHCARE DEVICES MARKET, BY APPLICATION (Page No. - 124)
10.1 INTRODUCTION
TABLE 56 WEARABLE MEDICAL DEVICE MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
10.2 GENERAL HEALTH AND FITNESS
10.2.1 GROWING FOCUS ON MONITORING HEALTH AND FITNESS WILL BOOST GROWTH IN THIS MARKET SEGMENT
TABLE 57 MARKET FOR GENERAL HEALTH AND FITNESS APPLICATIONS, BY REGION, 2019–2026 (USD MILLION)
10.3 REMOTE PATIENT MONITORING
10.3.1 ADVANTAGES SUCH AS EASE OF SHARING DATA RECORDS AND COST SAVINGS TO DRIVE THE DEMAND FOR THESE DEVICES
TABLE 58 MARKET FOR REMOTE PATIENT MONITORING APPLICATIONS, BY REGION, 2019–2026 (USD MILLION)
10.4 HOME HEALTHCARE
10.4.1 REDUCED COST AND CONTINUOUS MONITORING OF VITAL INFORMATION IN HOME SETTINGS TO BOOST GROWTH
TABLE 59 MARKET FOR HOME HEALTHCARE APPLICATIONS, BY REGION, 2019–2026 (USD MILLION)
11 WEARABLE HEALTHCARE DEVICES MARKET, BY REGION (Page No. - 129)
11.1 INTRODUCTION
TABLE 60 WEARABLE MEDICAL DEVICE MARKET, BY REGION, 2019–2026 (USD MILLION)
11.2 NORTH AMERICA
FIGURE 28 NORTH AMERICA: WEARABLE HEALTHCARE DEVICES MARKET SNAPSHOT
TABLE 61 NORTH AMERICA: MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
TABLE 62 NORTH AMERICA: MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 63 NORTH AMERICA: MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 64 NORTH AMERICA: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 65 NORTH AMERICA: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 66 NORTH AMERICA: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 67 NORTH AMERICA: MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 68 NORTH AMERICA: MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 69 NORTH AMERICA: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.2.1 US
11.2.1.1 Presence of various federal mandates that encourage the adoption of eHealth among healthcare providers to drive market growth in the US
TABLE 70 US: MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 71 US: WEARABLE MEDICAL DEVICE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 72 US: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 73 US: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 74 US: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 75 US: MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 76 US: WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 77 US: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.2.2 CANADA
11.2.2.1 Increasing number of start-ups investing in wearable device-related research to fuel market growth in Canada
TABLE 78 CANADA: WEARABLE HEALTHCARE DEVICES MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 79 CANADA: WEARABLE MEDICAL DEVICE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 80 CANADA: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 81 CANADA: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 82 CANADA: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 83 CANADA: WEARABLE MEDICAL DEVICE MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 84 CANADA: WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 85 CANADA: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.3 EUROPE
TABLE 86 EUROPE: MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
TABLE 87 EUROPE: MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 88 EUROPE: WEARABLE MEDICAL DEVICE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 89 EUROPE: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 90 EUROPE: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 91 EUROPE: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 92 EUROPE: WEARABLE MEDICAL DEVICE MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 93 EUROPE: MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 94 EUROPE: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.3.1 GERMANY
11.3.1.1 Growing preference for home monitoring to boost market growth in Germany
TABLE 95 GERMANY: WEARABLE HEALTHCARE DEVICES MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 96 GERMANY: WEARABLE MEDICAL DEVICE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 97 GERMANY: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 98 GERMANY: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 99 GERMANY: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 100 GERMANY: MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 101 GERMANY: WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 102 GERMANY: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.3.2 UK
11.3.2.1 Increasing incidence of chronic diseases to drive market growth in the UK
TABLE 103 UK: MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 104 UK: WEARABLE MEDICAL DEVICE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 105 UK: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 106 UK: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 107 UK: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 108 UK: WEARABLE MEDICAL DEVICE MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 109 UK: MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 110 UK: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.3.3 FRANCE
11.3.3.1 Growing geriatric population to drive the demand for vital sign monitoring devices in France
TABLE 111 FRANCE: WEARABLE HEALTHCARE DEVICES MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 112 FRANCE: WEARABLE MEDICAL DEVICE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 113 FRANCE: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 114 FRANCE: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 115 FRANCE: MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 116 FRANCE: WEARABLE MEDICAL DEVICE MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 117 FRANCE: MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 118 FRANCE: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.3.4 ITALY
11.3.4.1 Growing adoption of mobile devices among healthcare professionals to support market growth in Italy
TABLE 119 ITALY: MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 120 ITALY: WEARABLE MEDICAL DEVICE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 121 ITALY: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 122 ITALY: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 123 ITALY: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 124 ITALY: MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 125 ITALY: WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 126 ITALY: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.3.5 SPAIN
11.3.5.1 Initiatives to promote mHealth solutions to support the growth of the market in Spain
TABLE 127 SPAIN: WEARABLE HEALTHCARE DEVICES MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 128 SPAIN: WEARABLE MEDICAL DEVICE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 129 SPAIN: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 130 SPAIN: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 131 SPAIN: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 132 SPAIN: MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 133 SPAIN: WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 134 SPAIN: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.3.6 REST OF EUROPE
TABLE 135 ROE: MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 136 ROE: WEARABLE MEDICAL DEVICE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 137 ROE: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 138 ROE: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 139 ROE: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 140 ROE: MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 141 ROE: WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 142 ROE: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.4 ASIA PACIFIC
FIGURE 29 ASIA PACIFIC: WEARABLE HEALTHCARE DEVICES MARKET SNAPSHOT
TABLE 143 ASIA PACIFIC: WEARABLE MEDICAL DEVICE MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
TABLE 144 ASIA PACIFIC: MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 145 ASIA PACIFIC: MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 146 ASIA PACIFIC: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 147 ASIA PACIFIC: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 148 ASIA PACIFIC: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 149 ASIA PACIFIC: MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 150 ASIA PACIFIC: WEARABLE MEDICAL DEVICE MARKETj, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 151 ASIA PACIFIC: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.4.1 CHINA
11.4.1.1 Presence of a large number of wearable healthcare device manufacturers to propel market growth
TABLE 152 CHINA: MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 153 CHINA: WEARABLE MEDICAL DEVICE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 154 CHINA: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 155 CHINA: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 156 CHINA: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 157 CHINA: MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 158 CHINA: WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 159 CHINA: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.4.2 JAPAN
11.4.2.1 Growing geriatric population and rising focus on home monitoring to drive the market in Japan
TABLE 160 JAPAN: WEARABLE HEALTHCARE DEVICES MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 161 JAPAN: WEARABLE MEDICAL DEVICE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 162 JAPAN: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 163 JAPAN: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 164 JAPAN: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 165 JAPAN: MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 166 JAPAN: WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 167 JAPAN: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.4.3 INDIA
11.4.3.1 Rising disposable income levels enhance consumer access to advanced medical technologies
TABLE 168 INDIA: MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 169 INDIA: WEARABLE MEDICAL DEVICE MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 170 INDIA: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 171 INDIA: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 172 INDIA: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 173 INDIA: MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 174 INDIA: WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 175 INDIA: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.4.4 AUSTRALIA & NEW ZEALAND
11.4.4.1 Growing digitalization and increasing preference for home monitoring to boost market growth
TABLE 176 AUSTRALIA & NEW ZEALAND: WEARABLE HEALTHCARE DEVICES MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 177 AUSTRALIA & NEW ZEALAND: MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 178 AUSTRALIA & NEW ZEALAND: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 179 AUSTRALIA & NEW ZEALAND: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 180 AUSTRALIA & NEW ZEALAND: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 181 AUSTRALIA & NEW ZEALAND: MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 182 AUSTRALIA & NEW ZEALAND: WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 183 AUSTRALIA & NEW ZEALAND: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.4.5 REST OF ASIA PACIFIC
TABLE 184 ROAPAC: MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 185 ROAPAC: MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 186 ROAPAC: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 187 ROAPAC: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 188 ROAPAC: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 189 ROAPAC: MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 190 ROAPAC: WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 191 ROAPAC: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.5 LATIN AMERICA
11.5.1 EFFECTIVE IMPLEMENTATION OF MOBILITY HEALTH DEVICES TO REDUCE TOTAL HEALTHCARE EXPENDITURE WILL FUEL MARKET GROWTH
TABLE 192 LATIN AMERICA: WEARABLE HEALTHCARE DEVICES MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 193 LATIN AMERICA: MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 194 LATIN AMERICA: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 195 LATIN AMERICA: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 196 LATIN AMERICA: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 197 LATIN AMERICA: MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 198 LATIN AMERICA: WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 199 LATIN AMERICA: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
11.6 MIDDLE EAST & AFRICA
11.6.1 GROWING ADOPTION OF DISRUPTIVE SOLUTIONS WILL BOOST THE DEMAND FOR WEARABLE HEALTHCARE DEVICES IN THIS REGION
TABLE 200 MIDDLE EAST & AFRICA: MARKET, BY PRODUCT, 2019–2026 (USD MILLION)
TABLE 201 MIDDLE EAST & AFRICA: MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 202 MIDDLE EAST & AFRICA: WEARABLE DIAGNOSTIC & MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 203 MIDDLE EAST & AFRICA: WEARABLE VITAL SIGN MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 204 MIDDLE EAST & AFRICA: WEARABLE THERAPEUTIC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 205 MIDDLE EAST & AFRICA: MARKET, BY GRADE, 2019–2026 (USD MILLION)
TABLE 206 MIDDLE EAST & AFRICA: WEARABLE MEDICAL DEVICE MARKET, BY DISTRIBUTION CHANNEL, 2019–2026 (USD MILLION)
TABLE 207 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
12 COMPETITIVE LANDSCAPE (Page No. - 195)
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
12.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE WEARABLE HEALTHCARE DEVICES MARKET
TABLE 208 STRATEGIES ADOPTED BY KEY WEARABLE HEALTHCARE DEVICE MANUFACTURING COMPANIES
12.3 REVENUE SHARE ANALYSIS OF THE TOP MARKET PLAYERS
FIGURE 30 REVENUE SHARE ANALYSIS OF THE TOP PLAYERS IN THE MARKET
12.4 MARKET SHARE ANALYSIS
FIGURE 31 MARKET SHARE, BY KEY PLAYER (2020)
TABLE 209 MARKET: DEGREE OF COMPETITION
12.5 COMPANY EVALUATION QUADRANT
12.5.1 STARS
12.5.2 EMERGING LEADERS
12.5.3 PERVASIVE PLAYERS
12.5.4 PARTICIPANTS
FIGURE 32 MARKET: COMPANY EVALUATION QUADRANT, 2020
12.6 COMPANY EVALUATION QUADRANT FOR STARTUPS/SMES (2020)
12.6.1 PROGRESSIVE COMPANIES
12.6.2 STARTING BLOCKS
12.6.3 RESPONSIVE COMPANIES
12.6.4 DYNAMIC COMPANIES
FIGURE 33 MARKET: COMPANY EVALUATION QUADRANT FOR START-UPS/SMES, 2020
12.7 COMPETITIVE BENCHMARKING
FIGURE 34 PRODUCT AND GEOGRAPHIC FOOTPRINT ANALYSIS OF THE TOP PLAYERS IN THE WEARABLE HEALTHCARE DEVICES MARKET
TABLE 210 COMPANY PRODUCT FOOTPRINT
TABLE 211 COMPANY REGIONAL FOOTPRINT
12.8 COMPETITIVE SCENARIO
12.8.1 PRODUCT LAUNCHES & APPROVALS
TABLE 212 KEY PRODUCT LAUNCHES & APPROVALS
12.8.2 DEALS
TABLE 213 KEY DEALS
13 COMPANY PROFILES (Page No. - 206)
13.1 KEY PLAYERS
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13.1.1 APPLE, INC.
TABLE 214 APPLE INC.: BUSINESS OVERVIEW
FIGURE 35 APPLE, INC.: COMPANY SNAPSHOT (2020)
13.1.2 KONINKLIJKE PHILIPS N.V.
TABLE 215 KONINKLIJKE PHILIPS N.V.: BUSINESS OVERVIEW
FIGURE 36 KONINKLIJKE PHILIPS N.V.: COMPANY SNAPSHOT (2020)
13.1.3 FITBIT, INC.
TABLE 216 FITBIT, INC.: BUSINESS OVERVIEW
13.1.4 OMRON CORPORATION
TABLE 217 OMRON CORPORATION: BUSINESS OVERVIEW
FIGURE 37 OMRON CORPORATION: COMPANY SNAPSHOT (2020)
13.1.5 MEDTRONIC PLC
TABLE 218 MEDTRONIC PLC: BUSINESS OVERVIEW
FIGURE 38 MEDTRONIC PLC: COMPANY SNAPSHOT (2020)
13.1.6 GARMIN, LTD.
TABLE 219 GARMIN, LTD.: BUSINESS OVERVIEW
FIGURE 39 GARMIN, LTD.: COMPANY SNAPSHOT (2020)
13.1.7 GE HEALTHCARE
TABLE 220 GE HEALTHCARE: BUSINESS OVERVIEW
FIGURE 40 GE HEALTHCARE: COMPANY SNAPSHOT (2020)
13.1.8 DEXCOM, INC.
TABLE 221 DEXCOM, INC.: BUSINESS OVERVIEW
FIGURE 41 DEXCOM, INC.: COMPANY SNAPSHOT (2020)
13.1.9 ABBOTT LABORATORIES, INC.
TABLE 222 ABBOTT LABORATORIES, INC.: BUSINESS OVERVIEW
FIGURE 42 ABBOTT LABORATORIES, INC.: COMPANY SNAPSHOT (2020)
13.1.10 MASIMO CORPORATION
TABLE 223 MASIMO CORPORATION: BUSINESS OVERVIEW
FIGURE 43 MASIMO CORPORATION: COMPANY SNAPSHOT (2020)
13.2 OTHER PLAYERS
13.2.1 BIOTELEMETRY, INC.
13.2.2 PREVENTICE SOLUTIONS, INC.
13.2.3 IRHYTHM TECHNOLOGIES, INC.
13.2.4 CONTEC MEDICAL SYSTEMS CO. LTD.
13.2.5 MEDIBIOSENSE LTD.
13.2.6 VITALCONNECT
13.2.7 CYRCADIA HEALTH, INC.
13.2.8 TEN3T HEALTHCARE
13.2.9 VERILY LIFE SCIENCES
13.2.10 MINTTIHEALTH
13.2.11 BIO-BEAT
13.2.12 BIOTRICITY, INC.
13.2.13 IHEALTH LAB, INC.
13.2.14 VIVALINK
13.2.15 GENTAG
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
14 APPENDIX (Page No. - 244)
14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
This study involved four major activities in estimating the current size of the wearable healthcare devices market. Exhaustive secondary research was carried out to collect information on the market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation procedures were used to estimate segments and subsegments' market size.
Secondary Research
In the secondary research process, various secondary sources such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold-standard & silver-standard websites, regulatory bodies, and databases (such as D&B Hoovers, Bloomberg Business, and Factiva) were referred to identify and collect information for this study.
Primary Research
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources were mainly industry experts from the core and related industries and preferred suppliers, manufacturers, distributors, service providers, technology developers, researchers, and organizations related to all segments of this industry’s value chain. In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, to obtain and verify the critical qualitative and quantitative information as well as assess future prospects.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the wearable healthcare devices market's total size. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry have been identified through extensive secondary research
- The revenues generated by leading players operating in the wearable healthcare devices market have been determined through primary and secondary research
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources
Market Size: Top-Down Approach
Data Triangulation
After arriving at the overall market size applying the process mentioned above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To define, describe, segment, and forecast the wearable healthcare devices market by product, device type, grade type, distribution channel, application, and region.
- To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and challenges).
- To analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market.
- To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players.
- To forecast the size of the market segments with respect to five regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa,
- To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies2.
- To track and analyze company developments such as acquisitions, collaborations, partnerships, agreements, and product launches & approvals in the wearable healthcare devices market.
- To benchmark players within the market using the proprietary “Competitive Leadership Mapping” framework, which analyzes market players on various parameters within the broad categories of business and product strategy.
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for this report:
Country Information
- Wearable healthcare devices market size and growth rate estimates for countries in the Rest of Europe, the Rest of Asia Pacific, Latin America, and Middle East & Africa.
Company profiles
- Product portfolio matrix for leading market players.
Growth opportunities and latent adjacency in Wearable Healthcare Devices Market
How recent technological advancemnets impacting the Wearable Healthcare Devices Market?
How Does Historical Data Compare with Future Outlook?
How are Wearable Devices Changing Healthcare Monitoring?