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Wearable Medical Devices Market Share
- Report ID: GMI3509
- Published Date: Dec 2022
- Report Format: PDF
Wearable Medical Devices Market Share
Several prominent players in the wearable medical devices market are:
- Apple Inc
- Abbott Laboratories
- Lifesense
- Fitbit Inc
- Hocoma AG
- Garmin Ltd
- BioTelemetry Inc (LifeWatch)
These companies are focusing on developing innovative products as a means to achieve a competitive advantage.
Frequently Asked Questions (FAQ) :
Global market for wearable medical devices crossed USD 78 billion in 2022 and is slated to grow at over 24% CAGR from 2023 to 2032 owing to the increase in incidences of chronic ailments and adoption of sedentary lifestyles and unhealthy eating habits.
The overall market value from respiratory monitors is anticipated to surpass USD 83.5 billion by 2032, owing to the high accuracy and cost-effectiveness of respiratory monitors and acute shortage of hospital beds and ventilators globally.
Europe wearable medical devices market is poised to register over USD 200 billion by 2032, owing to rise in number of patients with chronic disorders, obesity and a growing population base adopting a sedentary lifestyle in the region.
Some key contenders partaking in the global business share include Samsung, Apple Inc., Abbott Laboratories, Fitbit, Inc., Hocoma AG, Garmin Ltd., Lifesense, Koninklijke Philips N.V., among others.
Wearable Medical Devices Market Scope
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