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Wearable Medical Devices Market (By Type of Device: Diagnostic and Therapeutic; By Application: Sports and Fitness, Remote Patient Monitoring and Home Health Care): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023

Published By :

Transparency

Published Date : Apr 2016

Category :

Medical Equipments

No. of Pages : 109 Pages

The last decade has witnessed growing interest in wearable medical devices. Currently technology is combined with medicine and frequently explains how patients are diagnosed and treated. The medical devices are leader of numerous success stories. Wearable medical devices that monitor, control, track, and treat patient conditions are increasingly replacing larger equipment. Wearable medical devices are connected to a patient’s body and measure clinically appropriate information. These devices resemble eyeglasses, watch, clothing, jewelry, contact lenses, etc. Data collected from wearable medical devices can be as simple as number of steps taken in a day to complex data such as ECG measurement. This report on the global wearable medical devices market studies the current and future prospects of the market. The report comprises an elaborate executive summary, including a market snapshot that provides overall information of various segments and sub-segments. This section also provides the overall information and data analysis of the global wearable medical devices market with respect to the leading market segments based on type of device, application, and geography.

The market overview section of the report includes qualitative analysis of the overall wearable medical devices market including the factors determining the market dynamics such as drivers, restraints and opportunities, along with Porter’s Five Forces Analysis, list of FDA-approved wearable medical devices and value chain analysis. In addition, various analyses such as market attractiveness analysis by type of device and competitive landscape by key players have been provided. The market attractiveness analysis explains the intensity of competition in the market in different types of devices. The competitive scenario between market players is evaluated through market share analysis. These factors would help market players to take strategic decisions in order to strengthen their positions and expand their share in the global market.

The global wearable medical devices market has been segmented based on type of device, application, and geography. Based on type of device, the wearable medical devices market has been categorized into two major segments: diagnostic and therapeutic. Diagnostic devices have been further classified into heart rate monitors, activity monitors, sleep monitor, electrocardiograph, fetal monitor and obstetric devices, and neuromonitoring devices. Therapeutic devices have been classified into vital sign monitors, pain management devices, glucose insulin monitoring devices, and respiratory therapy devices. Based on application, the global wearable medical devices market has been segmented into three types: sports and fitness, remote patient monitoring, and home health care. Market revenue in terms of US$ Mn for the period between 2013 and 2023 along with the compound annual growth rate (CAGR %) from 2015 to 2023 are provided for all the segments, considering 2014 as the base year.

Geographically, the wearable medical devices market has been categorized into four regions: North America, Europe, Asia Pacific, and Rest of World (RoW). North America comprises the U.S. and Canada. Europe comprises Germany, the U.K., and Rest of Europe. Asia-Pacific comprises China, Japan, and Rest of Asia-Pacific. Rest of World comprises of Latin America, the Middle East, and Africa. The recommendations section included in the report would assist existing players to expand their market share and new companies to establish their presence in the wearable medical devices market. The report also profiles major players in the wearable medical devices market based on various attributes such as company overview, financial overview, business strategies, product portfolio, and recent developments. Major players profiled in this report include Cleveland Medical Devices, Inc., Corventis, Inc. (Medtronic plc.), Fitbit, Inc., Intelesens Ltd., Koninklijke Philips N.V., LifeWatch AG, Nuubo, OMRON Corporation, Polar Electro, and Zephyr Performance Systems (Medtronic plc.).

The global wearable medical devices market has been segmented as follows:

Global Wearable Medical Devices Market, by Diagnostic Device

  • Wearable Vital Sign Monitors
  • Wearable Heart Rate Monitor
  • Wearable Activity Monitor
  • Wearable Sleep Monitor
  • Wearable Electrocardiographs
  • Others
  • Wearable Fetal Monitors and Obstetric Devices
  • Wearable Neuromonitoring Devices
  • Electroencephalograph
  • Electromyograph

Global Wearable Medical Devices Market, by Therapeutic Device

  • Wearable Pain Management Devices
  • Wearable Glucose/Insulin Monitoring Devices
  • Wearable Respiratory Therapy Devices

Global Wearable Medical Devices Market, by Application

  • Sports and Fitness
  • Remote Patient Monitoring
  • Home Health Care

Global Wearable Medical Devices Market, by Geography

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • Rest of the Europe
  • Asia Pacific (APAC)
  • China
  • Japan
  • Rest of the APAC
  • Rest of World
  • Middle East
  • Africa
  • Latin America

 

Table of Content

Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology

Chapter 2 Executive Summary
2.1 Wearable Medical Devices: Market Snapshot
2.2 Global Wearable Medical Devices Market Share, by Diagnostic Wearable Medical Devices, 2014 & 2023 (Value %)
2.3 Global Wearable Medical Devices: Market Snapshot

Chapter 3 Global Wearable Medical Devices Market– Industry Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Large number of innovators and early adopters ensure a faster market penetration
3.2.1.2 Increasing incidence of chronic pain and high population of diabetic patients have created a strong customer base worldwide
3.2.1.3 Ease of use and interpretation of data has increased popularity among non-professional users 
3.2.1.4 Emerging economies and expanding per capita income
3.2.2 Market Restraints
3.2.2.1 Cost of devices will be a restraint for market to flourish in emerging countries
3.2.2.2 Reimbursement of wearable devices poses a challenge to market development
3.2.3 Market Opportunities
3.2.3.1 Large diabetic population in Asia-Pacific
3.3 List of FDA Approved Wearable Medical Devices.
3.4 Porter’s Five Force Analysis of the Global Wearable Medical Devices Market
3.5 Value Chain Analysis: Wearable Medical Devices
3.6 Market Attractiveness Analysis – Wearable Medical Devices Market, by Types of Devices, 2014
3.7 Competitive Landscape - Global Wearable Medical Devices Market Share, by Key Players, 2014 (%)

Chapter 4 Global Wearable Medical Devices Market, by Diagnostic Device
4.1 Introduction
4.2 Introduction - Global Wearable Vital Sign Monitors Market Revenue, by Type of Devices
4.2.1 Global Wearable Heart Rate Monitor Market Revenue, 2013–2023, (US$ Mn) and Analysis
4.2.2 Global Wearable Activity Monitor Market Revenue, 2013–2023, (US$ Mn) and Analysis
4.2.3 Global Wearable Sleep Monitor Market Revenue, 2013–2023, (US$ Mn) and Analysis
4.2.4 Global Wearable Electrocardiographs Market Revenue, 2013–2023, (US$ Mn) and Analysis
4.2.5 Global Others Market Revenue, 2013–2023, (US$ Mn) and Analysis
4.3 Global Wearable Fetal Monitors and Obstetric Devices Market Revenue, 2013–2023, (US$ Mn) and Analysis
4.4 Introduction - Global Wearable Neuromonitoring Devices Market Revenue, by Type of Devices 2013–2023, (US$ Mn)
4.4.1 Global Wearable Electroencephalograph Market Revenue, 2013–2023, (US$ Mn) and Analysis
4.4.2 Global Wearable Electromyograph Market Revenue, 2013–2023, (US$ Mn) and Analysis

Chapter 5 Global Wearable Medical Devices Market, by Therapeutic Device
5.1 Introduction - Global Wearable Vital Sign Monitors Market Revenue, by Type of Device
5.2 Global Wearable Pain Management Devices Market Revenue, 2013–2023, (US$ Mn) and Analysis
5.3 Global Glucose Insulin Monitoring Devices Market Revenue, 2013–2023, (US$ Mn) and Analysis
5.4 Global Wearable Respiratory Therapy Devices Market Revenue, 2013–2023, (US$ Mn) and Analysis

Chapter 6 Global Wearable Medical Devices Market, by Application
6.1 Introduction - Global Wearable Medical Devices Market Revenue, by Application , 2013–2023, (US$ Mn)
6.2 Global Sports and Fitness Market Revenue, 2013–2023, (US$ Mn) and Analysis
6.3 Global Remote Patient Monitoring Market Revenue, 2013–2023, (US$ Mn) and Analysis
6.4 Global Wearable Home Health Care Devices Market Revenue, 2013–2023, (US$ Mn) and Analysis

Chapter 7 Global Wearable Medical Devices Market, by Geography
7.1 Introduction - Global Wearable Medical Devices Market Revenue, by Geography, 2013–2023 (US$ Mn)
7.2 North America Diagnostic and Therapeutic Wearable Medical Devices Market Revenue, 2013–2023, (US$ Mn) and Analysis.
7.3 Europe Diagnostic and Therapeutic Wearable Medical Devices Market Revenue, 2013–2023, (US$ Mn) and Analysis.
7.4 Asia Pacific Diagnostic and Therapeutic Wearable Medical Devices Market Revenue, 2013–2023, (US$ Mn) and Analysis.
7.5 Rest of the World Diagnostic and Therapeutic Wearable Medical Devices Market Revenue, 2013–2023, (US$ Mn) and Analysis.

Chapter 8 Recommendations

Chapter 9 Company Profiles
9.1 Cleveland Medical Devices, Inc.
9.1.1 Company Overview
9.1.2 Product Portfolio
9.1.3 Recent Developments
9.2 Corventis, Inc. (Medtronic plc.)
9.2.1 Company Overview
9.2.2 Product Portfolio
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Drägerwerk AG & Co. KGaA
9.3.1 Company Profile
9.3.2 Product Portfolio
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Fitbit Inc.
9.4.1 Company Overview
9.4.2 Product Portfolio
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Intelesens Ltd.
9.5.1 Company Overview
9.5.2 Product Portfolio
9.5.3 Recent Developments
9.6 Koninklijke Philips N.V.
9.6.1 Company Overview
9.6.2 Product Portfolio
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 LifeWatch AG
9.7.1 Company Overview
9.7.2 Product Portfolio
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Nuubo
9.8.1 Company Overview
9.8.2 Product Portfolio
9.8.3 Recent Developments
9.9 OMRON Corporation
9.9.1 Company Overview
9.9.2 Product Portfolio
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Zephyr Performance Systems (Medtronic plc.)
9.10.1 Company Overview
9.10.2 Product Portfolio
9.10.3 Financial Overview
9.10.4 Recent Developments

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