Press Release

Wearable Medical Devices Market Global Trends, Share, Growth by Top International Players | Ypsomed AG, Sonova, Hologic Inc. and more Forecast to 2026

Wearable Medical Devices MarketFortune Business Insights offers a detailed overview of the global market in a report, titled “ Wearable Medical Devices Market Size, Share and Industry Analysis by Product (Diagnostic & Patient Monitoring, Therapeutic), By Application (Remote Patient Monitoring and Home Healthcare, Sports and Fitness), By Distribution Channel (Retail Pharmacies, Online Pharmacies, Hypermarkets) and, Regional Forecast 2019-2026.” As per the report, the market was valued at USD 24571.8 Million in 2018 and is anticipated to reach USD 139353.6 Million by 2026. The report offers a comprehensive overview of the market drivers, trends, opportunities, and other aspects of the market.

Request a Sample Copy of the Market Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/wearable-medical-devices-market-101070

The global wearable medical devices market is anticipated to exhibit an exponential CAGR of 24.7% through the forecast years. The healthcare industry is revolutionizing owing to the rising adoption of connected devices. As digital technology is gaining immense popularity, wearable medical devices are evolving rapidly in the healthcare sector.

Moreover, the objective of these devices is to not only promote the overall body fitness but to offer active treatment regarding health conditions. From Fitbit to smartwatches, the market is increasingly driven by technological developments with focus on personalized care. Taking about personalized care, technologies such as internet of things (IoT), cloud computing, and others help in retrieving patient data in real-time, thereby allowing physicians to detect the patient’s health condition in advance.

List Top Companies Covered in Wearable Medical Devices Market are

  • Ypsomed AG
  • Sonova
  • Hologic Inc.
  • Siemens Healthcare GmbH
  • AiQ Smart Clothing
  • NeuroMetrix, Inc.
  • Fitbits
  • SugarBeat

To Gain More Insights into the Market, Click Here: https://www.fortunebusinessinsights.com/industry-reports/wearable-medical-devices-market-101070

Rising Importance on Reducing Patient Hospital Stays to Encourage Growth in Asia Pacific Wearable Medical Devices Market

Considering regions, North America is expected to register high growth in the global wearable devices market during the forecast period. In 2018, the market was valued at USD 10146.3 Million. The evolving patient shift towards remote monitoring from traditional is increasing the adoption of wearable devices in this region. The implementation of favourable regulatory policies for the development of smart and advanced wearable devices is another factor driving the market in this region. This, coupled with the rising adoption of advanced healthcare infrastructure, is expected to enable growth in the market.

The market in Europe is expected to create immense growth opportunities owing to the rising aging population. This, along with the rising prevalence of chronic diseases, is accelerating the adoption of wearable devices technologies in this region. Apart from North America and Europe, the market in Asia Pacific is expected to register substantial rate rising improvements in technologies.

The rising adoption of smartwatches, activity monitors, pain management devices, and other smart devices witnesses an impressive growth on cards for the market in Asia Pacific. Moreover, increasing focus on reducing patient stays, especially in emerging countries such as India and China is likely to boost the market in this region in the forthcoming years.

More Trending Topics from Fortune Business Insights:

Subdural Electrode Market Analysis, Technological Advancements, Trends, Global Growth, Top International Players and Research Report by 2026

Surgical Stapling Devices Market Worth USD 3.81 Billion by Top Key Players are Medtronic, Johnson and Johnson Services, Inc., 3M, Smith & Nephew | Fortune Business Insights

Transrectal Ultrasound Market 2019: Report Explored in Latest Research, Analysis Of Industry Forecast– 2026

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: [email protected]