Wearable Medical Devices Market :Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Jun 2022| TMR1356B| Transparency

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Report Highlights

Wearable Medical Devices Market – Scope of Report

TMR’s report on the global wearable medical devices market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031. The report provides revenue of the global wearable medical devices market for the period 2017–2031, considering 2021 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global wearable medical devices market from 2022 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the wearable medical devices market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global wearable medical devices market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the global wearable medical devices market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global wearable medical devices market.

Twearable medical deviceshe report delves into the competitive landscape of the global wearable medical devices market. Key players operating in the global wearable medical devices market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global wearable medical devices market profiled in this report.

RESEARCH METHODOLOGY

The research methodology will be a combination of exhaustive primary and secondary research to analyze the market wearable medical devices.

Secondary Research

Secondary research includes a search of company literature, technical writing, patent data, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that we typically refer, but are not limited to:

Company websites, presentations, annual reports, white papers, technical paper, product brochure
Internal and external proprietary databases and relevant patents
National government documents, statistical databases, and market reports
News articles, press releases, and webcasts specific to companies operating in the market

Specific Secondary Sources:

Industry Sources:
WorldWideScience.org
Elsevier, Inc.
National Institutes of Health (NIH)
PubMed
NCBI
Department of Health Care Service
Trade Data Sources
Trade Map
UN Comtrade
Trade Atlas
Company Information
OneSource Business Browser
Hoover’s
Factiva
Bloomberg
Mergers & Acquisitions
Thomson Mergers & Acquisitions
MergerStat
Profound

Primary Research

During the course of research, we conduct in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents bulk of research efforts, supplemented by extensive secondary research.

We conduct primary interviews on the ongoing basis with industry participants and commentators to validate data and analysis. A typical research interview fulfills the following functions:

Provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
Helps in validating and strengthening secondary research findings
Further develops the analysis team’s expertise and market understanding
Primary research involves e-mail interactions, telephonic interviews, as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically take part in such a process include, but are not limited to:

Industry participants: Marketing/product managers, market intelligence managers, and regional sales managers
Purchasing/Sourcing managers, technical personnel, distributors
Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets
Key opinion leaders specializing in different areas corresponding to different industry verticals

List of primary participants, but not limited to:

Advanced Oncotherapy PLC
Danfysik A/S
Hitachi, Ltd.
IBA Worldwide
Mevion Medical Systems, Inc.

Data Triangulation: Information culled from “Secondary & Primary Sources” is cross-checked with “TMR Knowledge Repository”, which is updated every quarter.

Market Estimation: Market size estimations involved in-depth study of product features, technology updates, geographic presence, product demand, sales data (value or volume), historical year-on-year growth, and others. Other approaches were also utilized to derive market size and forecasts. Where no hard data was available, we employed modeling techniques in order to produce comprehensive datasets. A rigorous methodology has been adopted, wherein the available hard data are cross-referenced with the following data types to produce estimates:

Demographic Data: Healthcare expenditure, inflation rates, and others
Industry Indicators: R&D investment, technology stage, and infrastructure, sector growth, and facilities

Market Forecasting: Market forecasts for various segments are derived taking into account drivers, restraints/challenges, and opportunities prevailing in the market and considering advantages/disadvantages of segments/sub-segments over other segments/sub-segments. Business environment, historical sales pattern, unmet needs, competitive intensity, and country-wise surgery data are some of the other pivotal factors, which are considered to derive market forecasts.

Table 1 : Global Wearable Medical Devices Market Value (US$ Mn) Forecast, by Device, 2017–2031
Table 2 : Global Wearable Medical Devices Market Value (US$ Mn) Forecast, by Diagnostic & Monitoring Devices, 2017–2031
Table 3 : Global Wearable Medical Devices Market Value (US$ Mn) Forecast, by Product Type, 2017–2031
Table 4 : Global Wearable Medical Devices Market Value (US$ Mn) Forecast, by Application, 2017–2031
Table 5 : Global Wearable Medical Devices Market Value (US$ Mn) Forecast, by Distribution Channel, 2017–2031
Table 6 : Global Wearable Medical Devices Market Value (US$ Mn) Forecast, by Region, 2017–2031
Table 7 : North America Wearable Medical Devices Market Value (US$ Mn) Forecast, by Country, 2017–2031
Table 8 : North America Wearable Medical Devices Market Value (US$ Mn) Forecast, by Device, 2017–2031
Table 9 : North America Wearable Medical Devices Market Value (US$ Mn) Forecast, by Diagnostic & Monitoring Devices, 2017–2031
Table 10 : North America Wearable Medical Devices Market Value (US$ Mn) Forecast, by Therapeutic Devices, 2017–2031
Table 11 : North America Wearable Medical Devices Market Value (US$ Mn) Forecast, by Product Type, 2017–2031
Table 12 : North America Wearable Medical Devices Market Value (US$ Mn) Forecast, by Application, 2017–2031
Table 13 : North America Wearable Medical Devices Market Value (US$ Mn) Forecast, by Distribution Channel, 2017–2031
Table 14 : Europe Wearable Medical Devices Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 15 : Europe Wearable Medical Devices Market Value (US$ Mn) Forecast, by Device, 2017–2031
Table 16 : Europe Wearable Medical Devices Market Value (US$ Mn) Forecast, by Diagnostic & Monitoring Devices, 2017–2031
Table 17 : Europe Wearable Medical Devices Market Value (US$ Mn) Forecast, by Therapeutic Devices, 2017–2031
Table 18 : Europe Wearable Medical Devices Market Value (US$ Mn) Forecast, by Product Type, 2017–2031
Table 19 : Europe Wearable Medical Devices Market Value (US$ Mn) Forecast, by Application, 2017–2031
Table 20 : Europe Wearable Medical Devices Market Value (US$ Mn) Forecast, by Distribution Channel, 2017–2031
Table 21 : Asia Pacific Wearable Medical Devices Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 22 : Asia Pacific Wearable Medical Devices Market Value (US$ Mn) Forecast, by Device, 2017–2031
Table 23 : Asia Pacific Wearable Medical Devices Market Value (US$ Mn) Forecast, by Diagnostic & Monitoring Devices, 2017–2031
Table 24 : Asia Pacific Wearable Medical Devices Market Value (US$ Mn) Forecast, by Therapeutic Devices, 2017–2031
Table 25 : Asia Pacific Wearable Medical Devices Market Value (US$ Mn) Forecast, by Product Type, 2017–2031
Table 26 : Asia Pacific Wearable Medical Devices Market Value (US$ Mn) Forecast, by Application, 2017–2031
Table 27 : Asia Pacific Wearable Medical Devices Market Value (US$ Mn) Forecast, by Distribution Channel, 2017–2031
Table 28 : Latin America Wearable Medical Devices Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 29 : Latin America Wearable Medical Devices Market Value (US$ Mn) Forecast, by Device, 2017–2031
Table 30 : Latin America Wearable Medical Devices Market Value (US$ Mn) Forecast, by Diagnostic & Monitoring Devices, 2017–2031
Table 31 : Latin America Wearable Medical Devices Market Value (US$ Mn) Forecast, by Therapeutic Devices, 2017–2031
Table 32 : Latin America Wearable Medical Devices Market Value (US$ Mn) Forecast, by Product Type, 2017–2031
Table 33 : Latin America Wearable Medical Devices Market Value (US$ Mn) Forecast, by Application, 2017–2031
Table 34 : Latin America Wearable Medical Devices Market Value (US$ Mn) Forecast, by Distribution Channel, 2017–2031
Table 35 : Middle East & Africa Wearable Medical Devices Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 36 : Middle East & Africa Wearable Medical Devices Market Value (US$ Mn) Forecast, by Device, 2017–2031
Table 37 : Middle East & Africa Wearable Medical Devices Market Value (US$ Mn) Forecast, by Diagnostic & Monitoring Devices, 2017–2031
Table 38 : Middle East & Africa Wearable Medical Devices Market Value (US$ Mn) Forecast, by Therapeutic Devices, 2017–2031
Table 39 : Middle East & Africa Wearable Medical Devices Market Value (US$ Mn) Forecast, by Product Type, 2017–2031
Table 40 : Middle East & Africa Wearable Medical Devices Market Value (US$ Mn) Forecast, by Application, 2017–2031
Table 41 : Middle East & Africa Wearable Medical Devices Market Value (US$ Mn) Forecast, by Distribution Channel, 2017–2031

Figure 1 : Global Wearable Medical Devices Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017-2031
Figure 2 : Global Wearable Medical Devices Market Value Share (%), by Device, 2017 and 2031
Figure 3 : Global Wearable Medical Devices Market Attractiveness Analysis, by Device, 2022–2031
Figure 4 : Global Wearable Medical Devices Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Diagnostic & Monitoring Devices, 2017–2031
Figure 5 : Global Wearable Medical Devices Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Therapeutic Devices, 2017–2031
Figure 6 : Global Wearable Medical Devices Market Value Share (%), by Product Type, 2017 and 2031
Figure 7 : Global Wearable Medical Devices Market Attractiveness Analysis, by Product Type, 2022–2031
Figure 8 : Global Wearable Medical Devices Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Smart Watches, 2017–2031
Figure 9 : Global Wearable Medical Devices Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Activity Monitors, 2017–2031
Figure 10 : Global Wearable Medical Devices Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Patches, 2017–2031
Figure 11 : Global Wearable Medical Devices Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Smart Clothing, 2017–2031
Figure 12 : Global Wearable Medical Devices Market Value Share (%), by Application, 2017 and 2031
Figure 13 : Global Wearable Medical Devices Market Attractiveness Analysis, by Application, 2022–2031
Figure 14 : Global Wearable Medical Devices Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Sports & Fitness, 2017–2031
Figure 15 : Global Wearable Medical Devices Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Home Healthcare, 2017–2031
Figure 16 : Global Wearable Medical Devices Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Remote Patient Monitoring, 2017–2031
Figure 17 : Global Wearable Medical Devices Market Value Share (%), by Distribution Channel, 2017 and 2031
Figure 18 : Global Wearable Medical Devices Market Attractiveness Analysis, by Distribution Channel, 2022–2031
Figure 19 : Global Wearable Medical Devices Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Online Channels, 2017–2031
Figure 20 : Global Wearable Medical Devices Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Pharmacies, 2017–2031
Figure 21 : Global Wearable Medical Devices Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Hypermarkets, 2017–2031
Figure 22 : Global Wearable Medical Devices Market Value Share (%), by Region, 2017 and 2031
Figure 23 : Global Wearable Medical Devices Market Attractiveness Analysis, by Region, 2022–2031
Figure 24 : North America Wearable Medical Devices Market Value (US$ Mn) Forecast, 2017–2031
Figure 25 : North America Wearable Medical Devices Market Value Share (%), by Country, 2017 and 2031
Figure 26 : North America Wearable Medical Devices Market Attractiveness Analysis, by Country, 2022–2031
Figure 27 : North America Wearable Medical Devices Market Value Share (%), by Device, 2017 and 2031
Figure 28 : North America Wearable Medical Devices Market Attractiveness Analysis, by Device, 2022–2031
Figure 29 : North America Wearable Medical Devices Market Value Share (%), by Product Type, 2017 and 2031
Figure 30 : North America Wearable Medical Devices Market Attractiveness Analysis, by Product Type, 2022–2031
Figure 31 : North America Wearable Medical Devices Market Value Share (%), by Application, 2017 and 2031
Figure 32 : North America Wearable Medical Devices Market Attractiveness Analysis, by Application, 2022–2031
Figure 33 : North America Wearable Medical Devices Market Value Share (%), by Distribution Channel, 2017 and 2031
Figure 34 : North America Wearable Medical Devices Market Attractiveness Analysis, by Distribution Channel, 2022–2031
Figure 35 : Europe Wearable Medical Devices Market Value (US$ Mn) Forecast, 2017–2031
Figure 36 : Europe Wearable Medical Devices Market Value Share (%), by Country/Sub-region, 2017 and 2031
Figure 37 : Europe Wearable Medical Devices Market Attractiveness Analysis, by Country/Sub-region, 2022–2031
Figure 38 : Europe Wearable Medical Devices Market Value Share (%), by Device, 2017 and 2031
Figure 39 : Europe Wearable Medical Devices Market Attractiveness Analysis, by Device, 2022–2031
Figure 40 : Europe Wearable Medical Devices Market Value Share (%), by Product Type, 2017 and 2031
Figure 41 : Europe Wearable Medical Devices Market Attractiveness Analysis, by Product Type, 2022–2031
Figure 42 : Europe Wearable Medical Devices Market Value Share (%), by Application, 2017 and 2031
Figure 43 : Europe Wearable Medical Devices Market Attractiveness Analysis, by Application, 2022–2031
Figure 44 : Europe Wearable Medical Devices Market Value Share (%), by Distribution Channel, 2017 and 2031
Figure 45 : Europe Wearable Medical Devices Market Attractiveness Analysis, by Distribution Channel, 2022–2031
Figure 46 : Asia Pacific Wearable Medical Devices Market Value (US$ Mn) Forecast, 2017–2031
Figure 47 : Asia Pacific Wearable Medical Devices Market Value Share (%), by Country/Sub-region, 2017 and 2031
Figure 48 : Asia Pacific Wearable Medical Devices Market Attractiveness Analysis, by Country/Sub-region, 2022–2031
Figure 49 : Asia Pacific Wearable Medical Devices Market Value Share (%), by Device, 2017 and 2031
Figure 50 : Asia Pacific Wearable Medical Devices Market Attractiveness Analysis, by Device, 2022–2031
Figure 51 : Asia Pacific Wearable Medical Devices Market Value Share (%), by Product Type, 2017 and 2031
Figure 52 : Asia Pacific Wearable Medical Devices Market Attractiveness Analysis, by Product Type, 2022–2031
Figure 53 : Asia Pacific Wearable Medical Devices Market Value Share (%), by Application, 2017 and 2031
Figure 54 : Asia Pacific Wearable Medical Devices Market Attractiveness Analysis, by Application, 2022–2031
Figure 55 : Asia Pacific Wearable Medical Devices Market Value Share (%), by Distribution Channel, 2017 and 2031
Figure 56 : Asia Pacific Wearable Medical Devices Market Attractiveness Analysis, by Distribution Channel, 2022–2031
Figure 57 : Latin America Wearable Medical Devices Market Value (US$ Mn) Forecast, 2017–2031
Figure 58 : Latin America Wearable Medical Devices Market Value Share (%), by Country/Sub-region, 2017 and 2031
Figure 59 : Latin America Wearable Medical Devices Market Attractiveness Analysis, by Country/Sub-region, 2022–2031
Figure 60 : Latin America Wearable Medical Devices Market Value Share (%), by Device, 2017 and 2031
Figure 61 : Latin America Wearable Medical Devices Market Attractiveness Analysis, by Device, 2022–2031
Figure 62 : Latin America Wearable Medical Devices Market Value Share (%), by Product Type, 2017 and 2031
Figure 63 : Latin America Wearable Medical Devices Market Attractiveness Analysis, by Product Type, 2022–2031
Figure 64 : Latin America Wearable Medical Devices Market Value Share (%), by Application, 2017 and 2031
Figure 65 : Latin America Wearable Medical Devices Market Attractiveness Analysis, by Application, 2022–2031
Figure 66 : Latin America Wearable Medical Devices Market Value Share (%), by Distribution Channel, 2017 and 2031
Figure 67 : Latin America Wearable Medical Devices Market Attractiveness Analysis, by Distribution Channel, 2022–2031
Figure 68 : Middle East & Africa Wearable Medical Devices Market Value (US$ Mn) Forecast, 2017–2031
Figure 69 : Middle East & Africa Wearable Medical Devices Market Value Share (%), by Country/Sub-region, 2017 and 2031
Figure 70 : Middle East & Africa Wearable Medical Devices Market Attractiveness Analysis, by Country/Sub-region, 2022–2031
Figure 71 : Middle East & Africa Wearable Medical Devices Market Value Share (%), by Device, 2017 and 2031
Figure 72 : Middle East & Africa Wearable Medical Devices Market Attractiveness Analysis, by Device, 2022–2031
Figure 73 : Middle East & Africa Wearable Medical Devices Market Value Share (%), by Product Type, 2017 and 2031
Figure 74 : Middle East & Africa Wearable Medical Devices Market Attractiveness Analysis, by Product Type, 2022–2031
Figure 75 : Middle East & Africa Wearable Medical Devices Market Value Share (%), by Application, 2017 and 2031
Figure 76 : Middle East & Africa Wearable Medical Devices Market Attractiveness Analysis, by Application, 2022–2031
Figure 77 : Middle East & Africa Wearable Medical Devices Market Value Share (%), by Distribution Channel, 2017 and 2031
Figure 78 : Middle East & Africa Wearable Medical Devices Market Attractiveness Analysis, by Distribution Channel, 2021–2031

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