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Wearable Healthcare Devices-Global Market Insights and Sales Trends 2025
Synopsis
The global Wearable Healthcare Devices market size is expected to reach US$ 72910 million by 2029, growing at a CAGR of 17.9% from 2023 to 2029. The market is mainly driven by the significant applications of Wearable Healthcare Devices in various end use industries. The expanding demands from the Hospital Pharmacies, Clinics and Home,, are propelling Wearable Healthcare Devices market. Wearable Monitoring and Diagnostic Devices, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hearing Aid segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wearable Healthcare Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wearable Healthcare Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wearable Healthcare Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wearable Healthcare Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wearable Healthcare Devices covered in this report include Medtronic, Siemens, Fitbit, Bayer, Panasonic, Animas Corporation (Johnson and Johnson), Smiths Medical (Smiths Group), Koninklijke Philips and Owlet Baby Care, etc.
The global Wearable Healthcare Devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Medtronic
Siemens
Fitbit
Bayer
Panasonic
Animas Corporation (Johnson and Johnson)
Smiths Medical (Smiths Group)
Koninklijke Philips
Owlet Baby Care
OMRON
Hoffmann-La Roche
Rest Devices
Global Wearable Healthcare Devices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wearable Healthcare Devices market, Segment by Type:
Wearable Monitoring and Diagnostic Devices
Hearing Aid
Insulin Pump
Respiratory Therapy Devices
Sleep Apnea Devices
Other
Global Wearable Healthcare Devices market, by Application
Hospital Pharmacies
Clinics
Home
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Wearable Healthcare Devices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wearable Healthcare Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Wearable Healthcare Devices market size is expected to reach US$ 72910 million by 2029, growing at a CAGR of 17.9% from 2023 to 2029. The market is mainly driven by the significant applications of Wearable Healthcare Devices in various end use industries. The expanding demands from the Hospital Pharmacies, Clinics and Home,, are propelling Wearable Healthcare Devices market. Wearable Monitoring and Diagnostic Devices, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hearing Aid segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wearable Healthcare Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wearable Healthcare Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wearable Healthcare Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wearable Healthcare Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wearable Healthcare Devices covered in this report include Medtronic, Siemens, Fitbit, Bayer, Panasonic, Animas Corporation (Johnson and Johnson), Smiths Medical (Smiths Group), Koninklijke Philips and Owlet Baby Care, etc.
The global Wearable Healthcare Devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Medtronic
Siemens
Fitbit
Bayer
Panasonic
Animas Corporation (Johnson and Johnson)
Smiths Medical (Smiths Group)
Koninklijke Philips
Owlet Baby Care
OMRON
Hoffmann-La Roche
Rest Devices
Global Wearable Healthcare Devices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wearable Healthcare Devices market, Segment by Type:
Wearable Monitoring and Diagnostic Devices
Hearing Aid
Insulin Pump
Respiratory Therapy Devices
Sleep Apnea Devices
Other
Global Wearable Healthcare Devices market, by Application
Hospital Pharmacies
Clinics
Home
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Wearable Healthcare Devices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wearable Healthcare Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Wearable Healthcare Devices Market Overview
1.1 Wearable Healthcare Devices Product Overview
1.2 Wearable Healthcare Devices Market Segment by Type
1.2.1 Wearable Monitoring and Diagnostic Devices
1.2.2 Hearing Aid
1.2.3 Insulin Pump
1.2.4 Respiratory Therapy Devices
1.2.5 Sleep Apnea Devices
1.2.6 Other
1.3 Global Wearable Healthcare Devices Market Size by Type
1.3.1 Global Wearable Healthcare Devices Market Size Overview by Type (2018-2029)
1.3.2 Global Wearable Healthcare Devices Historic Market Size Review by Type (2018-2023)
1.3.3 Global Wearable Healthcare Devices Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Wearable Healthcare Devices Sales Breakdown by Type (2018-2023)
1.4.2 Europe Wearable Healthcare Devices Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Wearable Healthcare Devices Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Wearable Healthcare Devices Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Wearable Healthcare Devices Sales Breakdown by Type (2018-2023)
2 Global Wearable Healthcare Devices Market Competition by Company
2.1 Global Top Players by Wearable Healthcare Devices Sales (2018-2023)
2.2 Global Top Players by Wearable Healthcare Devices Revenue (2018-2023)
2.3 Global Top Players by Wearable Healthcare Devices Price (2018-2023)
2.4 Global Top Manufacturers Wearable Healthcare Devices Manufacturing Base Distribution, Sales Area, Product Type
2.5 Wearable Healthcare Devices Market Competitive Situation and Trends
2.5.1 Wearable Healthcare Devices Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Wearable Healthcare Devices Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Wearable Healthcare Devices as of 2022)
2.7 Date of Key Manufacturers Enter into Wearable Healthcare Devices Market
2.8 Key Manufacturers Wearable Healthcare Devices Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Wearable Healthcare Devices Status and Outlook by Region
3.1 Global Wearable Healthcare Devices Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Wearable Healthcare Devices Historic Market Size by Region
3.2.1 Global Wearable Healthcare Devices Sales in Volume by Region (2018-2023)
3.2.2 Global Wearable Healthcare Devices Sales in Value by Region (2018-2023)
3.2.3 Global Wearable Healthcare Devices Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Wearable Healthcare Devices Forecasted Market Size by Region
3.3.1 Global Wearable Healthcare Devices Sales in Volume by Region (2024-2029)
3.3.2 Global Wearable Healthcare Devices Sales in Value by Region (2024-2029)
3.3.3 Global Wearable Healthcare Devices Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Wearable Healthcare Devices by Application
4.1 Wearable Healthcare Devices Market Segment by Application
4.1.1 Hospital Pharmacies
4.1.2 Clinics
4.1.3 Home
4.2 Global Wearable Healthcare Devices Market Size by Application
4.2.1 Global Wearable Healthcare Devices Market Size Overview by Application (2018-2029)
4.2.2 Global Wearable Healthcare Devices Historic Market Size Review by Application (2018-2023)
4.2.3 Global Wearable Healthcare Devices Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Wearable Healthcare Devices Sales Breakdown by Application (2018-2023)
4.3.2 Europe Wearable Healthcare Devices Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Wearable Healthcare Devices Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Wearable Healthcare Devices Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Wearable Healthcare Devices Sales Breakdown by Application (2018-2023)
5 North America Wearable Healthcare Devices by Country
5.1 North America Wearable Healthcare Devices Historic Market Size by Country
5.1.1 North America Wearable Healthcare Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Wearable Healthcare Devices Sales in Volume by Country (2018-2023)
5.1.3 North America Wearable Healthcare Devices Sales in Value by Country (2018-2023)
5.2 North America Wearable Healthcare Devices Forecasted Market Size by Country
5.2.1 North America Wearable Healthcare Devices Sales in Volume by Country (2024-2029)
5.2.2 North America Wearable Healthcare Devices Sales in Value by Country (2024-2029)
6 Europe Wearable Healthcare Devices by Country
6.1 Europe Wearable Healthcare Devices Historic Market Size by Country
6.1.1 Europe Wearable Healthcare Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Wearable Healthcare Devices Sales in Volume by Country (2018-2023)
6.1.3 Europe Wearable Healthcare Devices Sales in Value by Country (2018-2023)
6.2 Europe Wearable Healthcare Devices Forecasted Market Size by Country
6.2.1 Europe Wearable Healthcare Devices Sales in Volume by Country (2024-2029)
6.2.2 Europe Wearable Healthcare Devices Sales in Value by Country (2024-2029)
7 Asia-Pacific Wearable Healthcare Devices by Region
7.1 Asia-Pacific Wearable Healthcare Devices Historic Market Size by Region
7.1.1 Asia-Pacific Wearable Healthcare Devices Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Wearable Healthcare Devices Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Wearable Healthcare Devices Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Wearable Healthcare Devices Forecasted Market Size by Region
7.2.1 Asia-Pacific Wearable Healthcare Devices Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Wearable Healthcare Devices Sales in Value by Region (2024-2029)
8 Latin America Wearable Healthcare Devices by Country
8.1 Latin America Wearable Healthcare Devices Historic Market Size by Country
8.1.1 Latin America Wearable Healthcare Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Wearable Healthcare Devices Sales in Volume by Country (2018-2023)
8.1.3 Latin America Wearable Healthcare Devices Sales in Value by Country (2018-2023)
8.2 Latin America Wearable Healthcare Devices Forecasted Market Size by Country
8.2.1 Latin America Wearable Healthcare Devices Sales in Volume by Country (2024-2029)
8.2.2 Latin America Wearable Healthcare Devices Sales in Value by Country (2024-2029)
9 Middle East and Africa Wearable Healthcare Devices by Country
9.1 Middle East and Africa Wearable Healthcare Devices Historic Market Size by Country
9.1.1 Middle East and Africa Wearable Healthcare Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Wearable Healthcare Devices Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Wearable Healthcare Devices Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Wearable Healthcare Devices Forecasted Market Size by Country
9.2.1 Middle East and Africa Wearable Healthcare Devices Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Wearable Healthcare Devices Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Medtronic
10.1.1 Medtronic Company Information
10.1.2 Medtronic Introduction and Business Overview
10.1.3 Medtronic Wearable Healthcare Devices Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Medtronic Wearable Healthcare Devices Products Offered
10.1.5 Medtronic Recent Development
10.2 Siemens
10.2.1 Siemens Company Information
10.2.2 Siemens Introduction and Business Overview
10.2.3 Siemens Wearable Healthcare Devices Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens Wearable Healthcare Devices Products Offered
10.2.5 Siemens Recent Development
10.3 Fitbit
10.3.1 Fitbit Company Information
10.3.2 Fitbit Introduction and Business Overview
10.3.3 Fitbit Wearable Healthcare Devices Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Fitbit Wearable Healthcare Devices Products Offered
10.3.5 Fitbit Recent Development
10.4 Bayer
10.4.1 Bayer Company Information
10.4.2 Bayer Introduction and Business Overview
10.4.3 Bayer Wearable Healthcare Devices Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Bayer Wearable Healthcare Devices Products Offered
10.4.5 Bayer Recent Development
10.5 Panasonic
10.5.1 Panasonic Company Information
10.5.2 Panasonic Introduction and Business Overview
10.5.3 Panasonic Wearable Healthcare Devices Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Panasonic Wearable Healthcare Devices Products Offered
10.5.5 Panasonic Recent Development
10.6 Animas Corporation (Johnson and Johnson)
10.6.1 Animas Corporation (Johnson and Johnson) Company Information
10.6.2 Animas Corporation (Johnson and Johnson) Introduction and Business Overview
10.6.3 Animas Corporation (Johnson and Johnson) Wearable Healthcare Devices Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Animas Corporation (Johnson and Johnson) Wearable Healthcare Devices Products Offered
10.6.5 Animas Corporation (Johnson and Johnson) Recent Development
10.7 Smiths Medical (Smiths Group)
10.7.1 Smiths Medical (Smiths Group) Company Information
10.7.2 Smiths Medical (Smiths Group) Introduction and Business Overview
10.7.3 Smiths Medical (Smiths Group) Wearable Healthcare Devices Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Smiths Medical (Smiths Group) Wearable Healthcare Devices Products Offered
10.7.5 Smiths Medical (Smiths Group) Recent Development
10.8 Koninklijke Philips
10.8.1 Koninklijke Philips Company Information
10.8.2 Koninklijke Philips Introduction and Business Overview
10.8.3 Koninklijke Philips Wearable Healthcare Devices Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Koninklijke Philips Wearable Healthcare Devices Products Offered
10.8.5 Koninklijke Philips Recent Development
10.9 Owlet Baby Care
10.9.1 Owlet Baby Care Company Information
10.9.2 Owlet Baby Care Introduction and Business Overview
10.9.3 Owlet Baby Care Wearable Healthcare Devices Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Owlet Baby Care Wearable Healthcare Devices Products Offered
10.9.5 Owlet Baby Care Recent Development
10.10 OMRON
10.10.1 OMRON Company Information
10.10.2 OMRON Introduction and Business Overview
10.10.3 OMRON Wearable Healthcare Devices Sales, Revenue and Gross Margin (2018-2023)
10.10.4 OMRON Wearable Healthcare Devices Products Offered
10.10.5 OMRON Recent Development
10.11 Hoffmann-La Roche
10.11.1 Hoffmann-La Roche Company Information
10.11.2 Hoffmann-La Roche Introduction and Business Overview
10.11.3 Hoffmann-La Roche Wearable Healthcare Devices Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Hoffmann-La Roche Wearable Healthcare Devices Products Offered
10.11.5 Hoffmann-La Roche Recent Development
10.12 Rest Devices
10.12.1 Rest Devices Company Information
10.12.2 Rest Devices Introduction and Business Overview
10.12.3 Rest Devices Wearable Healthcare Devices Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Rest Devices Wearable Healthcare Devices Products Offered
10.12.5 Rest Devices Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Wearable Healthcare Devices Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Wearable Healthcare Devices Industrial Chain Analysis
11.4 Wearable Healthcare Devices Market Dynamics
11.4.1 Wearable Healthcare Devices Industry Trends
11.4.2 Wearable Healthcare Devices Market Drivers
11.4.3 Wearable Healthcare Devices Market Challenges
11.4.4 Wearable Healthcare Devices Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Wearable Healthcare Devices Distributors
12.3 Wearable Healthcare Devices Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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