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 The leading web portal for pharmacy resources, news, education and careers November 17, 2017
Pharmacy Choice - Pharmaceutical News - Wearable Medical Devices Market Advancing Quickly With Rising Health Awareness - IndustryARC Research - November 17, 2017

Pharmacy News Article

 3/20/17 - Wearable Medical Devices Market Advancing Quickly With Rising Health Awareness - IndustryARC Research

Hyderabad, India, March 20, 2017 (GLOBE NEWSWIRE)

The report Wearable Medical Devices Market: By Type (Therapeutic Wearable Devices, Diagnostic Devices, Vital Sign Monitoring Devices, Others) Application (Home Health Care, Remote Patient Monitoring, Fitness And Sports, Others) & Geography-Forecast (2017-2022), published by IndustryARC, estimates that advancement of potable electronic devices in healthcare, will be a key growth driver in the Americas, in particular.

Browse 73 Market Tables, 50 Figures spread through 210 Pages and an in-depth TOC on Wearable Medical Devices Market 2017 2022"

Scope & Regional Forecast of the Wearable Medical Devices Market:

Wearable medical devices are autonomous, non-invasive devices that perform specific medical functions such as managing treatment of chronic diseases or monitoring vital signs of human body. A wearable medical device incorporates capabilities such as wireless data transmission, real time feedback and assessment and so on. Many products with such capabilities are currently commercially available in the market and are targeted at health marketers, researchers, health conscious individuals, and athletes. The current generation of wearable medical devices mostly rely on user intervention to record data that is processed off-line later on. However, the next generation of wearable devices are expected to perform functions beyond recording and aim to offer patient monitoring with real-time assessment and feedback.

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The market for wearable medical devices has seen a dramatic rise in recent years owing to factors such as increase in health consciousness among people, increase in health consumer behavior among people, greater health trend to move from hospital care to home care and subsequently to personal care and so on. As a result, medical device manufacturers are shifting their focus from fully fixed equipment to portable devices and more recently to wearable ones. Further, with innovation and advancements in wearable technology, specifically miniaturization of sensor technology, wireless communication technology, and wearable computational technology has made possible the development of small, light, durable, comfortable, safe and low cost wearable medical devices. The miniaturization of wearable devices has also enabled clinical monitoring beyond the hospital area, in the home or during outdoor activities.

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Prominent Segmentations Involved in the Wearable Medical Devices Market:

The Wearable Medical Devices Market can be broken down into various segmentations on the basis of:

  • End User Application: Home Healthcare, Remote Patient Monitoring, Fitness and sports.
  • Geographic Regions: North America, South America, Europe, Asia Pacific and RoW.

Some of the sample companies profiled in the Wearable Medical Devices Market report are as follows:

  • Adidas AG
  • Apple Inc.
  • ConnecteDevice Ltd.
  • Fitbit Inc.
  • Google Inc.
  • Jawbone UP
  • LG Electronics Inc.
  • Motorola Solutions Inc.
  • Nike Inc.
  • Qualcomm Inc.
  • Razer Inc.
  • Sony Corp
  • Timex Group
  • Xiaomi Inc.

Why buy this report?

  • Get a detailed picture of the Wearable Medical Devices Market.
  • Pinpoint growth sectors and identify factors driving change.
  • Understand the competitive environment, the market's major players and leading brands.
  • A five-year forecast method is used in order to assess how the market is predicted to develop.

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Browse Related Reports:

Wrist Wearable Devices Market: by Components (Power Supply, Sensing, Memory, Display); Products (Smart watches, Smart bands, Monitoring Devices, Fitness); Applications (Lifestyle, Medical, Sports, Infotainment) - Forecast (2017 - 2022)

Sports Medicine Devices Market-By Orthopaedic Products (Prosthetic Devices, Arthroscopy Devices, Orthobiologics, Others) By Application (Ankle & Foot Injuries, Elbow & Wrist Injuries, Shoulder Injuries, Others) By Geography-Forecast(2016-2021)

About IndustryARC:

IndustryARC is a research and consulting firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

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Source: IndustryARC

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