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Wearable Medical Equipment-Global Market Insights and Sales Trends 2025
Synopsis
The global Wearable Medical Equipment market size is expected to reach US$ 53810 million by 2029, growing at a CAGR of 15.5% from 2023 to 2029. The market is mainly driven by the significant applications of Wearable Medical Equipment in various end use industries. The expanding demands from the Sports fitness, Patient remote monitoring and Family health care,, are propelling Wearable Medical Equipment market. Smart Rings and Watches, 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 Wearable diagnostic equipment 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 Medical Equipment, 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 Medical Equipment 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 Medical Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wearable Medical Equipment 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 Medical Equipment covered in this report include Abbott Diabetes Care, Flextronics International, Insulet Corporation, Beurer, BaseBand Technologies, Apple, Google, Amcor and Bluegiga, etc.
The global Wearable Medical Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abbott Diabetes Care
Flextronics International
Insulet Corporation
Beurer
BaseBand Technologies
Apple
Google
Amcor
Bluegiga
Bluetooth SIG
BodyMonitor
Bosch Sensortec
Global Wearable Medical Equipment 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 Medical Equipment market, Segment by Type:
Smart Rings and Watches
Wearable diagnostic equipment
Wearable therapeutic equipment
Global Wearable Medical Equipment market, by Application
Sports fitness
Patient remote monitoring
Family health care
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 Medical Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wearable Medical Equipment 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 Medical Equipment market size is expected to reach US$ 53810 million by 2029, growing at a CAGR of 15.5% from 2023 to 2029. The market is mainly driven by the significant applications of Wearable Medical Equipment in various end use industries. The expanding demands from the Sports fitness, Patient remote monitoring and Family health care,, are propelling Wearable Medical Equipment market. Smart Rings and Watches, 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 Wearable diagnostic equipment 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 Medical Equipment, 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 Medical Equipment 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 Medical Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wearable Medical Equipment 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 Medical Equipment covered in this report include Abbott Diabetes Care, Flextronics International, Insulet Corporation, Beurer, BaseBand Technologies, Apple, Google, Amcor and Bluegiga, etc.
The global Wearable Medical Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abbott Diabetes Care
Flextronics International
Insulet Corporation
Beurer
BaseBand Technologies
Apple
Amcor
Bluegiga
Bluetooth SIG
BodyMonitor
Bosch Sensortec
Global Wearable Medical Equipment 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 Medical Equipment market, Segment by Type:
Smart Rings and Watches
Wearable diagnostic equipment
Wearable therapeutic equipment
Global Wearable Medical Equipment market, by Application
Sports fitness
Patient remote monitoring
Family health care
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 Medical Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wearable Medical Equipment 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 Medical Equipment Market Overview
1.1 Wearable Medical Equipment Product Overview
1.2 Wearable Medical Equipment Market Segment by Type
1.2.1 Smart Rings and Watches
1.2.2 Wearable diagnostic equipment
1.2.3 Wearable therapeutic equipment
1.3 Global Wearable Medical Equipment Market Size by Type
1.3.1 Global Wearable Medical Equipment Market Size Overview by Type (2018-2029)
1.3.2 Global Wearable Medical Equipment Historic Market Size Review by Type (2018-2023)
1.3.3 Global Wearable Medical Equipment Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Wearable Medical Equipment Sales Breakdown by Type (2018-2023)
1.4.2 Europe Wearable Medical Equipment Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Wearable Medical Equipment Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Wearable Medical Equipment Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Wearable Medical Equipment Sales Breakdown by Type (2018-2023)
2 Global Wearable Medical Equipment Market Competition by Company
2.1 Global Top Players by Wearable Medical Equipment Sales (2018-2023)
2.2 Global Top Players by Wearable Medical Equipment Revenue (2018-2023)
2.3 Global Top Players by Wearable Medical Equipment Price (2018-2023)
2.4 Global Top Manufacturers Wearable Medical Equipment Manufacturing Base Distribution, Sales Area, Product Type
2.5 Wearable Medical Equipment Market Competitive Situation and Trends
2.5.1 Wearable Medical Equipment Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Wearable Medical Equipment 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 Medical Equipment as of 2022)
2.7 Date of Key Manufacturers Enter into Wearable Medical Equipment Market
2.8 Key Manufacturers Wearable Medical Equipment Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Wearable Medical Equipment Status and Outlook by Region
3.1 Global Wearable Medical Equipment Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Wearable Medical Equipment Historic Market Size by Region
3.2.1 Global Wearable Medical Equipment Sales in Volume by Region (2018-2023)
3.2.2 Global Wearable Medical Equipment Sales in Value by Region (2018-2023)
3.2.3 Global Wearable Medical Equipment Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Wearable Medical Equipment Forecasted Market Size by Region
3.3.1 Global Wearable Medical Equipment Sales in Volume by Region (2024-2029)
3.3.2 Global Wearable Medical Equipment Sales in Value by Region (2024-2029)
3.3.3 Global Wearable Medical Equipment Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Wearable Medical Equipment by Application
4.1 Wearable Medical Equipment Market Segment by Application
4.1.1 Sports fitness
4.1.2 Patient remote monitoring
4.1.3 Family health care
4.2 Global Wearable Medical Equipment Market Size by Application
4.2.1 Global Wearable Medical Equipment Market Size Overview by Application (2018-2029)
4.2.2 Global Wearable Medical Equipment Historic Market Size Review by Application (2018-2023)
4.2.3 Global Wearable Medical Equipment Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Wearable Medical Equipment Sales Breakdown by Application (2018-2023)
4.3.2 Europe Wearable Medical Equipment Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Wearable Medical Equipment Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Wearable Medical Equipment Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Wearable Medical Equipment Sales Breakdown by Application (2018-2023)
5 North America Wearable Medical Equipment by Country
5.1 North America Wearable Medical Equipment Historic Market Size by Country
5.1.1 North America Wearable Medical Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Wearable Medical Equipment Sales in Volume by Country (2018-2023)
5.1.3 North America Wearable Medical Equipment Sales in Value by Country (2018-2023)
5.2 North America Wearable Medical Equipment Forecasted Market Size by Country
5.2.1 North America Wearable Medical Equipment Sales in Volume by Country (2024-2029)
5.2.2 North America Wearable Medical Equipment Sales in Value by Country (2024-2029)
6 Europe Wearable Medical Equipment by Country
6.1 Europe Wearable Medical Equipment Historic Market Size by Country
6.1.1 Europe Wearable Medical Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Wearable Medical Equipment Sales in Volume by Country (2018-2023)
6.1.3 Europe Wearable Medical Equipment Sales in Value by Country (2018-2023)
6.2 Europe Wearable Medical Equipment Forecasted Market Size by Country
6.2.1 Europe Wearable Medical Equipment Sales in Volume by Country (2024-2029)
6.2.2 Europe Wearable Medical Equipment Sales in Value by Country (2024-2029)
7 Asia-Pacific Wearable Medical Equipment by Region
7.1 Asia-Pacific Wearable Medical Equipment Historic Market Size by Region
7.1.1 Asia-Pacific Wearable Medical Equipment Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Wearable Medical Equipment Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Wearable Medical Equipment Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Wearable Medical Equipment Forecasted Market Size by Region
7.2.1 Asia-Pacific Wearable Medical Equipment Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Wearable Medical Equipment Sales in Value by Region (2024-2029)
8 Latin America Wearable Medical Equipment by Country
8.1 Latin America Wearable Medical Equipment Historic Market Size by Country
8.1.1 Latin America Wearable Medical Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Wearable Medical Equipment Sales in Volume by Country (2018-2023)
8.1.3 Latin America Wearable Medical Equipment Sales in Value by Country (2018-2023)
8.2 Latin America Wearable Medical Equipment Forecasted Market Size by Country
8.2.1 Latin America Wearable Medical Equipment Sales in Volume by Country (2024-2029)
8.2.2 Latin America Wearable Medical Equipment Sales in Value by Country (2024-2029)
9 Middle East and Africa Wearable Medical Equipment by Country
9.1 Middle East and Africa Wearable Medical Equipment Historic Market Size by Country
9.1.1 Middle East and Africa Wearable Medical Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Wearable Medical Equipment Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Wearable Medical Equipment Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Wearable Medical Equipment Forecasted Market Size by Country
9.2.1 Middle East and Africa Wearable Medical Equipment Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Wearable Medical Equipment Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Abbott Diabetes Care
10.1.1 Abbott Diabetes Care Company Information
10.1.2 Abbott Diabetes Care Introduction and Business Overview
10.1.3 Abbott Diabetes Care Wearable Medical Equipment Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Abbott Diabetes Care Wearable Medical Equipment Products Offered
10.1.5 Abbott Diabetes Care Recent Development
10.2 Flextronics International
10.2.1 Flextronics International Company Information
10.2.2 Flextronics International Introduction and Business Overview
10.2.3 Flextronics International Wearable Medical Equipment Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Flextronics International Wearable Medical Equipment Products Offered
10.2.5 Flextronics International Recent Development
10.3 Insulet Corporation
10.3.1 Insulet Corporation Company Information
10.3.2 Insulet Corporation Introduction and Business Overview
10.3.3 Insulet Corporation Wearable Medical Equipment Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Insulet Corporation Wearable Medical Equipment Products Offered
10.3.5 Insulet Corporation Recent Development
10.4 Beurer
10.4.1 Beurer Company Information
10.4.2 Beurer Introduction and Business Overview
10.4.3 Beurer Wearable Medical Equipment Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Beurer Wearable Medical Equipment Products Offered
10.4.5 Beurer Recent Development
10.5 BaseBand Technologies
10.5.1 BaseBand Technologies Company Information
10.5.2 BaseBand Technologies Introduction and Business Overview
10.5.3 BaseBand Technologies Wearable Medical Equipment Sales, Revenue and Gross Margin (2018-2023)
10.5.4 BaseBand Technologies Wearable Medical Equipment Products Offered
10.5.5 BaseBand Technologies Recent Development
10.6 Apple
10.6.1 Apple Company Information
10.6.2 Apple Introduction and Business Overview
10.6.3 Apple Wearable Medical Equipment Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Apple Wearable Medical Equipment Products Offered
10.6.5 Apple Recent Development
10.7 Google
10.7.1 Google Company Information
10.7.2 Google Introduction and Business Overview
10.7.3 Google Wearable Medical Equipment Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Google Wearable Medical Equipment Products Offered
10.7.5 Google Recent Development
10.8 Amcor
10.8.1 Amcor Company Information
10.8.2 Amcor Introduction and Business Overview
10.8.3 Amcor Wearable Medical Equipment Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Amcor Wearable Medical Equipment Products Offered
10.8.5 Amcor Recent Development
10.9 Bluegiga
10.9.1 Bluegiga Company Information
10.9.2 Bluegiga Introduction and Business Overview
10.9.3 Bluegiga Wearable Medical Equipment Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Bluegiga Wearable Medical Equipment Products Offered
10.9.5 Bluegiga Recent Development
10.10 Bluetooth SIG
10.10.1 Bluetooth SIG Company Information
10.10.2 Bluetooth SIG Introduction and Business Overview
10.10.3 Bluetooth SIG Wearable Medical Equipment Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Bluetooth SIG Wearable Medical Equipment Products Offered
10.10.5 Bluetooth SIG Recent Development
10.11 BodyMonitor
10.11.1 BodyMonitor Company Information
10.11.2 BodyMonitor Introduction and Business Overview
10.11.3 BodyMonitor Wearable Medical Equipment Sales, Revenue and Gross Margin (2018-2023)
10.11.4 BodyMonitor Wearable Medical Equipment Products Offered
10.11.5 BodyMonitor Recent Development
10.12 Bosch Sensortec
10.12.1 Bosch Sensortec Company Information
10.12.2 Bosch Sensortec Introduction and Business Overview
10.12.3 Bosch Sensortec Wearable Medical Equipment Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Bosch Sensortec Wearable Medical Equipment Products Offered
10.12.5 Bosch Sensortec Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Wearable Medical Equipment 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 Medical Equipment Industrial Chain Analysis
11.4 Wearable Medical Equipment Market Dynamics
11.4.1 Wearable Medical Equipment Industry Trends
11.4.2 Wearable Medical Equipment Market Drivers
11.4.3 Wearable Medical Equipment Market Challenges
11.4.4 Wearable Medical Equipment Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Wearable Medical Equipment Distributors
12.3 Wearable Medical Equipment 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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