Wearable Medical Devices Market Outlook, Growth Prospects and Key Opportunities 2024
Wearable medical devices are intended to provide long-term
assistance to patients with temporary or permanent disabilities.
These devices are non-invasive and performs a specific
medical function such as monitoring or support over a prolonged period.
Wearable medical devices can be embedded within smart
clothing and equipment or adhered onto or inserted into the skin.
Axiom Market Research
& Consulting added an, “Wearable Medical Devices Market Report, By Type, Device Type, Application,
Distribution Channel and Geography – Global Market Share, Trend Analysis &
Forecast Up To 2024”
The global wearable medical devices market has gained
sustainable growth owing to increasing penetration of smartphones and growing
number of smartphone-based healthcare applications compatible with wearable
devices.
More advanced systems of wearables comprise of information
processing capabilities such as speech recognition, contextual awareness
enhancement, alerts, or feedback.
Wearable Medical Devices Market Top Players:
Fitbit Inc., Philips Healthcare, Garmin, LifeWatch AG, Omron
Corporation, Drägerwerk, Jawbone, Polar Electro, World Global Network,
Activeinsights, Vitalconnect, Xiaomi, Misfit and Monica Healthcare among
others.
Wearable Medical Devices Market Segmentation
Details:
WMD Market by Type and Device Type:
Types:
·
Smart Clothing
·
Patches
·
Activity Monitors
·
Smartwatches.
Device Type:
·
Diagnostic & Monitoring Devices
·
Therapeutic Devices.
WMD Market Application:
·
Sports & Fitness
·
Home Healthcare
·
Remote Patient Monitoring.
WMD Market Distribution Channel:
·
Online Channel
·
Hypermarkets
·
Pharmacies.
Wearable Medical Devices Market Geography:
·
North America
·
Europe
·
Asia Pacific
·
Rest of the world.
Axiom Market Research
& Consulting™ (also known as Axiom MRC), is a full-service market research
and data analytics firm, driven by a simple aim of providing key market
intelligence to companies to assist them in taking informed business decisions
pertaining to their marketing strategy, investments, new product launches,
market competition, consumer or end users, social media trends etc.
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