(MENAFNEditorial) Wearable Medical Device Market Expanding at a Stable CAGR of 26.78% from 2016 to 2027 Global Wearable Medical Device Market Information by Product (Diagnostic, Therapeutic Device.), by Applications - Forecast to 2027
Fitbit Inc., Garmin, Vital Connect, Omron Corp., Sotera Wireless, Jawbone, Pebble Technology Corp., Basis Science Inc., Withings, Intelesens Ltd., Covidien Plc, LifeWatch AG, Polar Electro.— Market Research FuturePUNE, MAHARASHTRA, INDIA, October 24, 2016 /EINPresswire.com/ -- Segments
The Wearable Medical device market can be segmented
On the basis of Application: Sports Fitness, Remote Patient Monitoring, Home Healthcare.
On the basis of Product the market can be segmented as: Diagnostic, Therapeutic Device.
Market Synopsis of Wearable Medical Device
Market Scenario
The wearable medical device market is expected to reach USD 4 billion in the forecasted period. The market is expected to grow at a CAGR of 26.78%. This growth in the market can be due to various factors such as increasing focus on fitness among individuals and awareness about healthy lifestyle. Furthermore signi8ficant growth in the home healthcare is expected to push up the demand for this segment.
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Key Players
Some of the key players in the wearable Medical Device market are:
• Fitbit Inc.,
• Garmin,
• Vital Connect,
• Omron Corp.,
• Sotera Wireless,
• Jawbone,
• Pebble Technology Corp.,
• Basis Science Inc.,
• Withings,
• Intelesens Ltd.,
• Covidien Plc,
• LifeWatch AG,
• Polar Electro,
• Philips Electronics,
• Everist Genomics.
Study Objectives of Wearable Medical Device
•To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Wearable Medical Devicemarket
•To provide insights about factors affecting the market growth
•To Analyze the Wearable Medical Device market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
•To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
•To provide country level analysis of the market with respect to the current market size and future prospective
Analysis also includes consumption. Import and export data for Regions North America, Europe, China, Japan, Southeast Asia, India.
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Regional Analysis of Wearable Medical Device
Asia Pacific is showing great growth potential in the wearable medical device market in the forecasted period. Increasing awareness among individuals, increasing income and rising fitness and healthcare concern across the globe is resulting in the growth the Wearable Medical Device market. North America and Europe are other significant markets for the market due to technological advancements.
The market is divided into the following segments based on geography:
North America
• US
• Canada
• Mexico
Europe
• Germany
• France
• Italy
• U.K
• Rest of Europe
Asia– Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Brazil
• Argentina
• Egypt
• South Africa Others
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Reasons to Purchase this report:
From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the Global Wearable Medical Device Market. high-growth regions, and market drivers, restraints, and opportunities.
Key questions answered in this report
• What will the market size be in 2027 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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