Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

The Global Wearable Medical Devices Market to Grow Positively at a CAGR of 13.67% by 2027 | DelveInsight

This image opens in the lightbox

News provided by

DelveInsight Business Research, LLP

17 Aug, 2022, 15:30 GMT

Share this article

Share toX

Share this article

Share toX

The wearable medical devices market is anticipated to surge due to a number of factors, including an increase in the geriatric population, an increase in the prevalence of chronic diseases, an increase in fitness and physical activity awareness, and an increase in regulatory approval for wearable medical devices. 

LAS VEGAS, Aug. 17, 2022 /PRNewswire/ -- DelveInsight's Wearable Medical Devices Market Insights report provides the current and forecast market, forthcoming device innovation, individual leading companies' market shares, challenges, wearable medical devices market drivers, barriers, and trends, and key wearable medical devices companies in the market.

Key Takeaways from the Wearable Medical Devices Market Report

  • As per DelveInsight estimates, North America is anticipated to dominate the global wearable medical devices market during the forecast period. 
  • Key wearable medical devices companies such as Koninklijke Philips N.V., Omron Corporation, Medtronic Canada, Dexcom Inc., Masimo, iRhythm Technologies Inc., CONTEC MEDICAL SYSTEMS CO.LTD, MediBioSense Ltd,   VitalConnect, ten3T Healthcare Pvt. Ltd.,  Verily Life Sciences LLC, Biobeat, Biotricity,  iHealth Labs Inc, VivaLNK Inc., Xiaomi, OnePlus, Apple Inc, Withings, Fitbit Health Solutions, and several others are currently dominating the wearable medical devices market.
  • In March 2022, Rockley Photonics, a global leader in photonics-based health monitoring & communications solutions and Medtronic, a global leader in healthcare technology, collaborated to deliver the next generation of wearable healthcare monitoring devices
  • In January 2021, Boston Scientific, a medical technology company, had acquired Preventice Solutions, a producer of several wearable cardiac sensors for remote patient monitoring
  • In May 2021, Biobeat, a global pioneer in wearable remote patient monitoring solutions for the healthcare continuum, announced the launch of its new wearable and continuous ambulatory blood pressure monitoring (ABPM) chest-monitoring device. ABPM can serve as a critical indication of a patient's health, collecting patient cardiac data in real-world circumstances outside of the doctor's office to offer an accurate, comprehensive, and impartial picture of the patient's health.

To read more about the latest highlights related to the wearable devices market, get a snapshot of the key highlights entailed in the Global Wearable Medical Devices Market Report

Wearable Medical Devices

Wearables are electronic devices worn on the body that track, analyse, and communicate real-time personal health or training data. Some of the most common wearable devices are fitness trackers, headbands, posture monitors, wearable patches, smart glasses, smartwatches, Virtual Reality (VR) headsets, heart rate monitors, and sleep trackers, among others. These wearable devices are an essential part of our daily life, recording biometric data ranging from heart rate to sleep patterns, physical activity to atrial fibrillation, blood pressure monitor to calorie burnt, and many more.

Furthermore, these wearable devices can read notifications, send rudimentary messages, make phone calls, and so on. Slowly, these wearable devices are making inroads into the gaming and fashion industries as well.

Wearable Medical Devices Market Insights

North America is predicted to lead the global wearable medical devices market in 2021 and will continue to do so during  the forecast period. Factors such as rising chronic illness prevalence and increased regulatory approval for wearable medical devices are projected to boost demand for wearable medical devices in the North American wearable medical devices market. Another factor driving the growth of the wearable medical device market is the increased regulatory approval for wearable medical devices.

As a result of the interaction of the variables listed above, demand for wearable medical devices may increase, creating a favourable growth environment in the North American area for the wearable medical devices market during the forecast period.

To know more about why North America is leading the market growth in the wearable medical devices market, get a snapshot of the report Wearable Medical Devices Market Outlook

Wearable Medical Devices Market Dynamics

The growing geriatric population is one of the most important factors driving the demand for wearable medical devices. Furthermore, the increasing frequency of chronic diseases is a crucial driver driving the growth of the wearable medical device market.

However, concerns over an individual's privacy and data collecting, as well as wearable device technology that is both intricate and multidimensional, making patenting difficult, can stymie the global wearable medical devices market growth.

Moreover, the ongoing COVID-19 pandemic has had a beneficial impact on the wearable medical devices market. There was a nationwide lockdown in almost every country, movement restrictions for non-essential goods, and a lack of labour at the production sites hampered the manufacturing rate, but COVID-19 also increased global awareness of physical fitness, which increased demand for monitoring devices such as fitness monitors, cardiac monitors, pulse oximeters, respiratory monitors, blood pressure monitors, and others. However, with widespread vaccinations, easing of lockdown limitations, and the restart of supply chains, logistics, and production units, wearable medical devices are likely to increase even more during the forecast period.

Get a sneak peek of the wearable medical devices market @ Wearable Technology Trends

Scope of the Wearable Medical Devices Market Report

  • Coverage: Global
  • Study Period: 2019–2027
  • Market Segmentation By Types of Wearable Medical Devices: Diagnostics and Monitoring
  • Market Segmentation By Product Type: Cardiac Monitors, Fitness Monitors, Blood Pressure Monitor, Glucose Monitor, and Others
  • Market Segmentation By Application: Cardiac Health, Blood Pressure, Fitness Monitoring, Sleep Patterns and Others
  • Market Segmentation By Distribution Channet: Offline and Online
  • Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of World
  • Key Wearable Medical Devices Companies: Koninklijke Philips N.V., Omron Corporation, Medtronic Canada, Dexcom Inc., Masimo, iRhythm Technologies Inc., CONTEC MEDICAL SYSTEMS CO.LTD, MediBioSense Ltd,   VitalConnect, ten3T Healthcare Pvt. Ltd.,  Verily Life Sciences LLC, Biobeat, Biotricity,  iHealth Labs Inc, VivaLNK Inc., Xiaomi, OnePlus, Apple Inc, Withings, Fitbit Health Solutions, among others
  • Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View

DelveInsight Analysis: The wearable medical devices market size is expected to grow at a CAGR of 13.67% during the forecast period (2022–2027).

Which key players in the wearable medical alert devices market are set to emerge as the trendsetter explore @ Wearable Medical Devices Companies

Table of Contents 

1

Report Introduction

2

Executive summary

3

Regulatory and Patent Analysis

4

Key Factors Analysis

5

Porter's Five Forces Analysis

6

COVID-19 Impact Analysis on Wearable Medical Devices Market

7

Wearable Medical Devices Market Layout

8

Global Company Share Analysis – Key 3-5 Companies

9

Company and Product Profiles

10

Project Approach

11.

About DelveInsight

Interested in knowing how the diagnostic wearable medical devices market will grow by 2027? Click to get a snapshot of the Best Wearable Medical Devices 

Related Reports

Dilated Cardiomyopathy Pipeline

Dilated Cardiomyopathy Pipeline Insight, 2022 report provides comprehensive insights about the pipeline landscape, pipeline drug profiles, including clinical and non-clinical stage products, and the key dilated cardiomyopathy companies, including Longeveron, Bristol Myers Squibb, Berlin Cures, Tenaya Therapeutics, Cardior Pharmaceuticals, among others.

Intracardiac Echocardiography Devices Market

Intracardiac Echocardiography Devices Market Insight, Competitive Landscape, and Market Forecast, 2027 report delivers an in-depth understanding of the market trends, market drivers, market barriers, and key intracardiac echocardiography devices companies, including Medtronic, Infraredx, Inc., Stryker, among others.

Cardiac Arrhythmia Monitoring Devices Market

Cardiac Arrhythmia Monitoring Devices Market Insight, Competitive Landscape, and Market Forecast, 2027 report delivers an in-depth understanding of market trends, market drivers, market barriers, and key cardiac arrhythmia monitoring devices companies, including Abbott Laboratories, Boston Scientific Corporation, Avanos Medical, among others.

Obstructive Sleep Apnea Market

Obstructive Sleep Apnea Market Insights, Epidemiology and Market Forecast - 2032 report delivers an in-depth understanding of market trends, market drivers, market barriers, and key obstructive sleep apnea companies, including Teva Pharmaceuticals, Bayer, Apnimed, among others.

Sleep Apnea Implants Market

Sleep Apnea Implants Market Insights, Competitive Landscape and Market Forecast - 2027 report delivers an in-depth understanding of market trends, market drivers, market barriers, and key sleep apnea implants companies, including Medtronic, Siesta Medical, Inspire Medical Systems, among others.

Pulmonary Hypertension Market

Pulmonary Hypertension Market Insights, Epidemiology, and Market Forecast-2032 report deliver an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the market trends, market drivers, market barriers, and key pulmonary hypertension companies, including Chinese Academy of Sciences, Actelion Pharmaceuticals, among others.

Other Trending Reports

Persistent Depressive Disorder Market | Gene Therapy for Ocular Rare Disease Market | Congestive Heart Failure Market | CRISPR Therapies Pipeline | Desmoplastic Small Round Cell Tumors Market | India Healthcare Outlook Report | Psychosis Market | Dental Lasers Market | Primary Immune Deficiency Market I Dyslipidemia Market | Lateral Epicondylitis Disease Market | Castration-Resistant Prostate Cancer Market | Metrorrhagia Market | Global Messenger RNA-based Vaccines and Therapeutics Market | Negative Pressure Wound Therapy Systems Market | US Healthcare Outlook Report | Mucinous Cystic Neoplasms Market | Hot Flashes Market | Varicose Veins - Market | Wearable Medical Devices Market | Injectable Drug Delivery Devices Market | Breast Pumps Market | Physiotherapy Equipment Market | Trastuzumab Biosimilars Insight | Deep Brain Stimulation Devices Market | Retinoblastoma Market | Venous Stenosis Market | Tumor Ablation Market | Substance Abuse Market | Insulin Glargine Biosimilar Insight | Interspinous Spacers Market | Anti-hypertension Market

Related Healthcare Blogs

Wearable Technology Trends

Wearable Devices Market 

Benefits of Wearable Devices

About DelveInsight

DelveInsight is a leading Business Consultant, and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing comprehensive end-to-end solutions to improve their performance. 

Contact Us
Shruti Thakur 
info@delveinsight.com 
+1(919)321-6187 
https://www.delveinsight.com/medical-devices

Logo: https://mma.prnewswire.com/media/1082265/DelveInsight_Logo.jpg 

Modal title

Also from this source

Bispecifics/BiTE Market Anticipates Impressive Growth Trajectory During the Forecast Period (2025-2034) Across 7MM Due to Their Expansion Beyond Oncology | DelveInsight

Bispecifics/BiTE Market Anticipates Impressive Growth Trajectory During the Forecast Period (2025-2034) Across 7MM Due to Their Expansion Beyond Oncology | DelveInsight

DelveInsight's Bispecifics/BiTE Market Size, Target Population, Competitive Landscape & Market Forecast report includes a comprehensive understanding ...

Traumatic Brain Injury Market to Expand at a CAGR of 10.9% During the Study Period (2020-2034) Fueled by Advances in Treatment and Growing Healthcare Investments | DelveInsight

Traumatic Brain Injury Market to Expand at a CAGR of 10.9% During the Study Period (2020-2034) Fueled by Advances in Treatment and Growing Healthcare Investments | DelveInsight

DelveInsight's Traumatic Brain Injury Market Insights report includes a comprehensive understanding of current treatment practices, traumatic brain...

More Releases From This Source

Explore

Health Care & Hospitals

Health Care & Hospitals

Medical Pharmaceuticals

Medical Pharmaceuticals

Medical Equipment

Medical Equipment

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.