The Global Wearable Healthcare Devices Market bolstering market share owing due to bolstering technology and increasing geriatric population
The global wearable healthcare devices market expected to spur market value with USD 20.23 billion with anticipating CAGR in the forecast period from 2020-2027. The emerging demand for global wearable healthcare devices market is fueling owing to the changing healthcare treatment, and emerging technology integration medical devices. Also, the rising rate of chronic diseases that are bolstering the market share for the global wearable healthcare devices market.
The large amounts of continuous medical data containing contextual information provide the basis for various medical decisions, promote the development of a healthy lifestyle and improve disease monitoring, diagnosis and treatment are driving the adoption of wearable devices.
Wearable medical devices come in various forms and are rich in functions. From helmets full of sci-fi shapes to skin patches to sensors on clothing, different types of wearable medical devices enter the consumer market at a rate that exceeds our imagination.
Moreover, wearable medical devices are smart, connected medical devices that combine digital healthcare with consumer-friendly wearable devices. These devices are usually worn on the body and are sensor-based devices that can detect, monitor, and provide treatment. The most basic wearable medical devices to date concentrated in the field of activity and motion monitoring.
Device Type overview in the Global Wearable Healthcare Devices Market
Based on the device type, the global wearable healthcare devices market segment into Monitoring Devices (Heart Rate Monitor, Activity Monitor, Electrocardiograph, Fetal and Obstetric Monitor, Neuro-monitor, Others), Therapeutic Devices (Pain Management Devices, Rehabilitation Devices, Respiratory Therapy Devices, Others). The therapeutic devices segment estimated to dominates the maximum share of the global wearable healthcare devices market in the forecast period from 2020-2027. It is mainly owing to the emerging wearable devices such as asthma management devices, and insulin management devices help in keeping medical records of the patient.
Application overview in the Global Wearable Healthcare Devices Market
Based on the application, the global wearable healthcare devices market classified into Sports and Fitness, Remote Patient Monitoring, Home Healthcare. The remote patient monitoring segment dominated the largest market share in the global wearable healthcare devices market. It is mainly owing to the emerging technology bolstering the use of remote patient monitoring to keep track of patient health and provide medical treatment without visiting the doctor.
Product Type overview in the Global Wearable Healthcare Devices Market
Based on the product type, the global wearable healthcare devices market segmented into Watch, Wristband, Clothing, Ear Wear, Other. The watch segment accounts for the highest share in the global wearable healthcare devices market. Smart wristwatches are fueling the market demand for wearable healthcare devices owing to the increasing adoption of smartphones. As it is used for keeping a record of heart rate, pulse rate, and collects the data on the cloud, which can be easily accessible to the doctor in case of emergency.
Region overview in the Global Wearable Healthcare Devices Market
Based on geography, the global wearable healthcare devices market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is the world's fastest-growing wearable healthcare devices market, accounting for the largest share in the global market. The increasing geriatric population with chronic diseases and changing the healthcare industry and the adoption of advance medical treatment are fueling the market share of North America.
Global Wearable Healthcare Devices Market: Competitive Landscape
Companies such as Medtronic plc., Koninklijke Philips N.V., OMRON Corporation, Biotelemetry Inc., Apple, Inc., Dexcom Inc., Abbott Laboratories, Masimo Corporation, GE Healthcare, Bio-Beat Technologies, iRhythm Technologies, Inc., VitalConnect, Minttihealth, Preventice Solutions, Inc., CONTEC Medical Systems Co. Ltd, Biotricity Inc., Verily Life Sciences., Cyrcadia Asia Limited, ten3T healthcare, Fitbit, Inc., Garmin Ltd, Xiaomi Technologies, Huawei Corporation, and others are key players in the global wearable healthcare devices market.
Global Wearable Healthcare Devices Market
Report Content
1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
3. Executive Summary
4. Market Insights
4.1. Economic Factor Analysis
4.1.1. Drivers
4.1.2. Trends
4.1.3. Opportunities
4.1.4. Challenges
4.2. Competitors & Product Analysis
4.3. Regulatory Framework
4.4. Company market share analysis, 2019
4.5. Porter's Five forces analysis
4.6. New Investment Analysis
4.7. PESTEL Analysis
5. Global Wearable Healthcare Devices Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Device Type
5.2.1.1. Hardware
5.2.1.2. Software
5.2.1.3. Service
5.2.2. By Deployment Mode
5.2.2.1. On-premise
5.2.2.2. Cloud
5.2.3. By Solution
5.2.3.1. Analytics
5.2.3.2. Task management
5.2.3.3. Absence and holiday management
5.2.3.4. Budgeting and forecasting
5.2.3.5. Scheduling optimization and time and attendance
5.2.4. By Organization Size
5.2.4.1. Large Enterprises
5.2.4.2. Small and Medium-sized Enterprises (SMEs)
5.2.5. By End-User Vertical
5.2.5.1. BFSI
5.2.5.2. Retail
5.2.5.3. Automotive
5.2.5.4. Public Sector
5.2.5.5. Healthcare
5.2.5.6. Industrial Manufacturing
5.2.6. By Region
5.2.6.1. Europe
5.2.6.2. North America
5.2.6.3. Asia Pacific
5.2.6.4. South America
5.2.6.5. Middle East & Africa
6. Europe Wearable Healthcare Devices Market Overview
6.1. Europe Wearable Healthcare Devices Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.2. Europe Wearable Healthcare Devices Market Share & Forecast, 2016-2027
6.2.1. By Device Type
6.2.1.1. Monitoring Devices
6.2.1.1.1. Heart Rate Monitor
6.2.1.1.2. Activity Monitor
6.2.1.1.3. Electrocardiograph
6.2.1.1.4. Fetal and Obstetric Monitor
6.2.1.1.5. Neuro-monitor
6.2.1.1.6. Others
6.2.1.2. Therapeutic Devices
6.2.1.2.1. Pain Management Devices
6.2.1.2.2. Rehabilitation Devices
6.2.1.2.3. Respiratory Therapy Devices
6.2.1.2.4. Others
6.2.2. By Application
6.2.2.1. Sports and Fitness
6.2.2.2. Remote Patient Monitoring
6.2.2.3. Home Healthcare
6.2.3. By Product Type
6.2.3.1. Watch
6.2.3.2. Wristband
6.2.3.3. Clothing
6.2.3.4. Ear Wear
6.2.3.5. Other
6.2.4. By Country
6.2.4.1. Germany
6.2.4.2. UK
6.2.4.3. France
6.2.4.4. Italy
6.2.4.5. Rest of Europe
6.2.5. Company Market Share (Top 3-5)
6.2.6. Economic Impact Study on Europe Wearable Healthcare Devices Market
7. North America Wearable Healthcare Devices Market Overview
7.1. North America Wearable Healthcare Devices Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.2. North America Wearable Healthcare Devices Market Share & Forecast, 2016-2027
7.2.1. By Device Type
7.2.1.1. Monitoring Devices
7.2.1.1.1. Heart Rate Monitor
7.2.1.1.2. Activity Monitor
7.2.1.1.3. Electrocardiograph
7.2.1.1.4. Fetal and Obstetric Monitor
7.2.1.1.5. Neuro-monitor
7.2.1.1.6. Others
7.2.1.2. Therapeutic Devices
7.2.1.2.1. Pain Management Devices
7.2.1.2.2. Rehabilitation Devices
7.2.1.2.3. Respiratory Therapy Devices
7.2.1.2.4. Others
7.2.2. By Application
7.2.2.1. Sports and Fitness
7.2.2.2. Remote Patient Monitoring
7.2.2.3. Home Healthcare
7.2.3. By Product Type
7.2.3.1. Watch
7.2.3.2. Wristband
7.2.3.3. Clothing
7.2.3.4. Ear Wear
7.2.3.5. Other
7.2.4. By Country
7.2.4.1. US
7.2.4.2. Canada
7.2.4.3. Mexico
7.2.5. Company Market Share (Top 3-5)
7.2.6. Economic Impact Study on North America Wearable Healthcare Devices Market
8. Asia Pacific Wearable Healthcare Devices Overview
8.1. Asia Pacific Wearable Healthcare Devices Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.2. Asia Pacific Wearable Healthcare Devices Market Share & Forecast, 2016-2027
8.2.1. By Device Type
8.2.1.1. Monitoring Devices
8.2.1.1.1. Heart Rate Monitor
8.2.1.1.2. Activity Monitor
8.2.1.1.3. Electrocardiograph
8.2.1.1.4. Fetal and Obstetric Monitor
8.2.1.1.5. Neuro-monitor
8.2.1.1.6. Others
8.2.1.2. Therapeutic Devices
8.2.1.2.1. Pain Management Devices
8.2.1.2.2. Rehabilitation Devices
8.2.1.2.3. Respiratory Therapy Devices
8.2.1.2.4. Others
8.2.2. By Application
8.2.2.1. Sports and Fitness
8.2.2.2. Remote Patient Monitoring
8.2.2.3. Home Healthcare
8.2.3. By Product Type
8.2.3.1. Watch
8.2.3.2. Wristband
8.2.3.3. Clothing
8.2.3.4. Ear Wear
8.2.3.5. Other
8.2.4. By Country
8.2.4.1. China
8.2.4.2. India
8.2.4.3. Japan
8.2.4.4. Australia
8.2.4.5. Rest of Asia Pacific
8.2.5. Company Market Share (Top 3-5)
8.2.6. Economic Wearable Healthcare Devices Market Overview
8.3. South America Wearable Healthcare Devices Market Size & Forecast, 2016-2027
8.3.1. Demand
8.3.1.1. By Value (USD Million)
8.4. South America Wearable Healthcare Devices Market Share & Forecast, 2016-2027
8.4.1. By Device Type
8.4.1.1. Monitoring Devices
8.4.1.1.1. Heart Rate Monitor
8.4.1.1.2. Activity Monitor
8.4.1.1.3. Electrocardiograph
8.4.1.1.4. Fetal and Obstetric Monitor
8.4.1.1.5. Neuro-monitor
8.4.1.1.6. Others
8.4.1.2. Therapeutic Devices
8.4.1.2.1. Pain Management Devices
8.4.1.2.2. Rehabilitation Devices
8.4.1.2.3. Respiratory Therapy Devices
8.4.1.2.4. Others
8.4.2. By Application
8.4.2.1. Sports and Fitness
8.4.2.2. Remote Patient Monitoring
8.4.2.3. Home Healthcare
8.4.3. By Product Type
8.4.3.1. Watch
8.4.3.2. Wristband
8.4.3.3. Clothing
8.4.3.4. Ear Wear
8.4.3.5. Other
8.4.4. By Country
8.4.4.1. Brazil
8.4.4.2. Argentina
8.4.4.3. Rest of South America
8.4.5. Company Market Share (Top 3-5)
8.4.6. Economic Impact Study on South America Wearable Healthcare Devices Market
9. Middle East & Africa Wearable Healthcare Devices Market Overview
9.1. Middle East & Africa Wearable Healthcare Devices Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.2. Middle East & Africa Wearable Healthcare Devices Market Share & Forecast, 2016-2027
9.2.1. By Device Type
9.2.1.1. Monitoring Devices
9.2.1.1.1. Heart Rate Monitor
9.2.1.1.2. Activity Monitor
9.2.1.1.3. Electrocardiograph
9.2.1.1.4. Fetal and Obstetric Monitor
9.2.1.1.5. Neuro-monitor
9.2.1.1.6. Others
9.2.1.2. Therapeutic Devices
9.2.1.2.1. Pain Management Devices
9.2.1.2.2. Rehabilitation Devices
9.2.1.2.3. Respiratory Therapy Devices
9.2.1.2.4. Others
9.2.2. By Application
9.2.2.1. Sports and Fitness
9.2.2.2. Remote Patient Monitoring
9.2.2.3. Home Healthcare
9.2.3. By Product Type
9.2.3.1. Watch
9.2.3.2. Wristband
9.2.3.3. Clothing
9.2.3.4. Ear Wear
9.2.3.5. Other
9.2.4. By Country
9.2.4.1. Saudi Arabia
9.2.4.2. UAE
9.2.4.3. South Africa
9.2.4.4. Rest of Middle East & Africa
9.2.5. Company Market Share (Top 3-5)
9.2.6. Economic Impact Study on Middle East & Africa Wearable Healthcare Devices Market
10. Competitor Analysis
10.1. Company Description
10.2. Financial Analysis
10.3. Key Products
10.4. Key Management Personnel
10.5. Contact Address
10.6. SWOT Analysis
10.7. Company Profile
10.7.1.1. Medtronic plc
10.7.1.2. Koninklijke Philips N.V.
10.7.1.3. OMRON Corporation
10.7.1.4. Biotelemetry Inc.
10.7.1.5. Apple, Inc.
10.7.1.6. Dexcom Inc.
10.7.1.7. Abbott Laboratories
10.7.1.8. Masimo Corporation
10.7.1.9. GE Healthcare
10.7.1.10. Bio-Beat Technologies
10.7.1.11. iRhythm TechnologiesInc.
10.7.1.12. VitalConnect
10.7.1.13. Minttihealth
10.7.1.14. Preventice Solutions, Inc.
10.7.1.15. CONTEC Medical Systems Co. Ltd
10.7.1.16. Biotricity Inc.
10.7.1.17. Verily Life Sciences
10.7.1.18. Cyrcadia Asia Limited
10.7.1.19. ten3T healthcare
10.7.1.20. Fitbit, Inc.
10.7.1.21. Garmin Ltd
10.7.1.22. Xiaomi Technologies
10.7.1.23. Other players
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