Press release
Wearable Medical Devices Market 2024 Size, Projections, Opportunity Analysis, Growth Insights 2033
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The Business Research Company's Wearable Medical Devices Global Market Report 2024 identifies Fitness Focus Fuels as the major driver for the Wearable Medical Devices market's growth in the forecast period. Fitness is a term used to describe a person's overall health and well-being and their level of physical preparedness for various sports, jobs, and daily activities. Wearable medical devices analyze fitness parameters with more advanced sensors, giving users deeper insights into their overall health and fitness. For instance, in June 2023, according to a survey of 4,538 active adults by RunRepeat, a US-based athletic shoe review site, Active American adults showed considerable gains in both at-home fitness equipment (up 218,3%) and online fitness (up 134,7%) as the best way to achieve fitness goals in 2021. Therefore, increasing focus on fitness drives the growth of the wearable medical devices market.
The wearable medical devices market size has grown exponentially in recent years. It will grow from $27.37 billion in 2023 to $33.37 billion in 2024 at a compound annual growth rate (CAGR) of 21.9%. The growth in the historic period can be attributed to health and fitness tracking, chronic disease management, aging population, remote patient monitoring.The wearable medical devices market size is expected to see exponential growth in the next few years. It will grow to $71.28 billion in 2028 at a compound annual growth rate (CAGR) of 20.9%.
Download Free Sample Of Wearable Medical Devices Market Report - https://www.thebusinessresearchcompany.com/sample_request?id=3976&type=smp
Major competitors in the Wearable Medical Devices market are Philips, Polar Electro, Omron Corporation, Fitbit Inc., Garmin Ltd.
A key trend in the Wearable Medical Devices market includes Integrating artificial intelligence. The data collected by wearable medical devices lack value without the integration of artificial intelligence (AI) that better utilizes the data collected. AI doctor which is a standalone network with a deep learning algorithm performs well than trained medical practitioners in conditions like skin lesions, electrocardiograms, medical imaging, and pathology. A survey published in 2022 showed that 88% of the respondents were aware about AI. 46% of the respondents believed that the benefits of AI in healthcare outweighed the risk while only 2% agreed the opposite. The wearable device app developers are increasingly focused on integrating AI into the apps to analyze the remotely collected data for better interpreting the ailment by an AI doctor.
Read More On TheGlobal Wearable Medical Devices Market Report Here:https://www.thebusinessresearchcompany.com/report/wearable-medical-devices-global-market-report
The Wearable Medical Devices market is segmented -
•By Device Type: Diagnostic Devices, Therapeutic Devices
•By Product Type: Watch, Wristband, Clothing, Ear Wear, Other Devices
•By Distribution Channel: Pharmacies, Online Channel, HyperMarkets
• By Application: Sports And Fitness, Remote Patient Monitoring, Home Healthcare, Ear Wear
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Wearable Medical Devices market.
The Business Research Company's "Global Wearable Medical Devices Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Wearable Medical Devices Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3976
The Table Of Content For The Wearable Medical Devices Market Include:
1. Executive Summary
2. Wearable Medical Devices Market Characteristics
3. Wearable Medical Devices Market Trends And Strategies
4. Wearable Medical Devices Market - Macro Economic Scenario
5. Global Wearable Medical Devices Market Size and Growth
..........
31. Global Wearable Medical Devices Market Competitive Benchmarking
32. Global Wearable Medical Devices Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Wearable Medical Devices Market
34. Wearable Medical Devices Market Future Outlook and Potential Analysis
35. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn:https://in.linkedin.com/company/the-business-research-company
Twitter:https://twitter.com/tbrc_info
Facebook:https://www.facebook.com/TheBusinessResearchCompany
YouTube:https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog:https://blog.tbrc.info/
Healthcare Blog:https://healthcareresearchreports.com/
Global Market Model:https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases:https://www.thebusinessresearchcompany.com/press-release.aspx
WantTo Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
The Business Research Company's Wearable Medical Devices Global Market Report 2024 identifies Fitness Focus Fuels as the major driver for the Wearable Medical Devices market's growth in the forecast period. Fitness is a term used to describe a person's overall health and well-being and their level of physical preparedness for various sports, jobs, and daily activities. Wearable medical devices analyze fitness parameters with more advanced sensors, giving users deeper insights into their overall health and fitness. For instance, in June 2023, according to a survey of 4,538 active adults by RunRepeat, a US-based athletic shoe review site, Active American adults showed considerable gains in both at-home fitness equipment (up 218,3%) and online fitness (up 134,7%) as the best way to achieve fitness goals in 2021. Therefore, increasing focus on fitness drives the growth of the wearable medical devices market.
The wearable medical devices market size has grown exponentially in recent years. It will grow from $27.37 billion in 2023 to $33.37 billion in 2024 at a compound annual growth rate (CAGR) of 21.9%. The growth in the historic period can be attributed to health and fitness tracking, chronic disease management, aging population, remote patient monitoring.The wearable medical devices market size is expected to see exponential growth in the next few years. It will grow to $71.28 billion in 2028 at a compound annual growth rate (CAGR) of 20.9%.
Download Free Sample Of Wearable Medical Devices Market Report - https://www.thebusinessresearchcompany.com/sample_request?id=3976&type=smp
Major competitors in the Wearable Medical Devices market are Philips, Polar Electro, Omron Corporation, Fitbit Inc., Garmin Ltd.
A key trend in the Wearable Medical Devices market includes Integrating artificial intelligence. The data collected by wearable medical devices lack value without the integration of artificial intelligence (AI) that better utilizes the data collected. AI doctor which is a standalone network with a deep learning algorithm performs well than trained medical practitioners in conditions like skin lesions, electrocardiograms, medical imaging, and pathology. A survey published in 2022 showed that 88% of the respondents were aware about AI. 46% of the respondents believed that the benefits of AI in healthcare outweighed the risk while only 2% agreed the opposite. The wearable device app developers are increasingly focused on integrating AI into the apps to analyze the remotely collected data for better interpreting the ailment by an AI doctor.
Read More On TheGlobal Wearable Medical Devices Market Report Here:https://www.thebusinessresearchcompany.com/report/wearable-medical-devices-global-market-report
The Wearable Medical Devices market is segmented -
•By Device Type: Diagnostic Devices, Therapeutic Devices
•By Product Type: Watch, Wristband, Clothing, Ear Wear, Other Devices
•By Distribution Channel: Pharmacies, Online Channel, HyperMarkets
• By Application: Sports And Fitness, Remote Patient Monitoring, Home Healthcare, Ear Wear
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Wearable Medical Devices market.
The Business Research Company's "Global Wearable Medical Devices Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Wearable Medical Devices Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3976
The Table Of Content For The Wearable Medical Devices Market Include:
1. Executive Summary
2. Wearable Medical Devices Market Characteristics
3. Wearable Medical Devices Market Trends And Strategies
4. Wearable Medical Devices Market - Macro Economic Scenario
5. Global Wearable Medical Devices Market Size and Growth
..........
31. Global Wearable Medical Devices Market Competitive Benchmarking
32. Global Wearable Medical Devices Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Wearable Medical Devices Market
34. Wearable Medical Devices Market Future Outlook and Potential Analysis
35. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn:https://in.linkedin.com/company/the-business-research-company
Twitter:https://twitter.com/tbrc_info
Facebook:https://www.facebook.com/TheBusinessResearchCompany
YouTube:https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog:https://blog.tbrc.info/
Healthcare Blog:https://healthcareresearchreports.com/
Global Market Model:https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases:https://www.thebusinessresearchcompany.com/press-release.aspx
WantTo Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
