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Wearable Cardiac Devices Market Analysis

  • Report ID: GMI4711
  • Published Date: Nov 2021
  • Report Format: PDF

Wearable Cardiac Devices Market Analysis

Defibrillators segment in the wearable cardiac devices market is projected to witness 22.9% growth rate through 2027. Wearable defibrillators provide outpatient heart health management, thereby reducing the risk of ventricular tachycardia (VT) and ventricular fibrillation (VF). Further, introduction of wearable technology in defibrillators has increased its application, thereby increasing its acceptance rate.

Home healthcare segment is estimated to attain a CAGR of 25.4% till 2027, led by the rising geriatric population base suffering with cardiovascular disorders. Moreover, wearable trackers providing efficient monitoring of heart rate and allows access to real time data that helps in identifying risks and reduces hospital visits. Therefore, continuous monitoring of cardiac conditions at home through wearable devices will lead to reduced visits to hospitals, thereby increasing its usage during the forecast period.

North America Wearable Cardiac Devices Market


North America wearable cardiac devices market captured over 60% of revenue share in 2020 impelled by the increasing number of research studies and technological advancement of wearable cardiac devices. Additionally, rising prevalence of cardiovascular diseases significantly contribute to the adoption of wearable monitors among patients, thereby stimulating its demand in the region.

The region is showcasing large number of new entrants manufacturing wearables, especially in the U.S. Some of the emerging firms include Qardio, VitalConnect, Proteus Digital Health, Cardiomo and Hemodynamics Company LLC among several others. Furthermore, growing usage of remote monitoring devices will propel the regional revenue in the coming years.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Market size of wearable cardiac devices reached USD 1.5 billion in 2020 and should witness a 24.7% CAGR through 2027 led by the increasing CVD occurrence, growing geriatric population, rising awareness towards wearables, and growing preference towards homecare.

The wearable defibrillators segment could expand at a 22.9% CAGR up to 2027 as these devices offer outpatient heart health management and reduce the risk of ventricular tachycardia (VT) and ventricular fibrillation (VF).

The home healthcare segment will grow at around 25.4% CAGR till 2027 led by a large geriatric population base suffering from CVDs.

North America captured more than 60% of revenue share in 2020 owing to increasing R&D and technological innovations around wearable technology.

COVID-19 pandemic has had a positive impact on wearable cardiac devices market due to increased awareness towards digital and remote healthcare technologies.

Wearable Cardiac Devices Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 8
  • Tables & Figures: 143
  • Countries covered: 19
  • Pages: 100
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