Wearable Medical Devices Market

Wearable Medical Devices Market: Real-Time Data Tracking & Disease Monitoring coupled with high adoption among Young adults to drive the market: Global Industry Analysis and Opportunity Assessment 2016 - 2026

Introduction

Wearable medical devices are attached, worn or handheld devices that monitor and analyse the metabolic changes in the body and record the data. These devices are portable, user-friendly and non-invasive. Wearable medical devices are used to monitor blood sugar level, sleep apnea disease, blood pressure level, heart rate, sleep patterns, skin temperature, etc., generating results in a few seconds. Wearable devices are equipped with smart sensors, which help in monitoring metabolic changes. The global wearable medical devices market has been segmented on the basis of product segment, test type, distribution channels, and region.

Market Value and Forecast

The global wearable medical devices market has been estimated to be valued at US$ 22,891.5 Mn in 2015, and is expected to expand at a 6.9% CAGR over the forecast period (2016–2026).

Market Dynamics

Growth of the global wearable medical device market is mainly driven by rising demand for user-friendly and self-monitoring devices, increasing health awareness, increasing prevalence of conditions such as diabetes, hypertension, and cardiovascular disease and associated morbidity and mortality rates. Technological advancements and attractive product features, such as smartphone app connectivity are also driving adoption of wearable medical devices.

However, reluctance to shift from conventional devices to wearable devices, lack of awareness among general population, device related issues such as accuracy, memory problem etc. can impede growth of the market.

Premier players in this market are manufacturing innovative and next-generation products that are smartphone compatible to consolidate their position in the market. Foray into new markets is another key strategy of players operating in the global wearable medical devices market.

Market Segmentation by Product

Based on product segments, the market has been segmented into wearable therapeutic medical device, (further sub-segmented into hearing aid, insulin pump and respiratory therapy devices (respiratory therapy devices is further sub segmented into sleep apnea devices and non-invasive ventilation)), wearable monitoring and diagnostic devices, (further sub-segmented into fetal and obstetric devices (fetal and obstetric devices is further sub-segmented into wearable fetal monitors and infant motion sensing monitors)), continuous glucose monitoring devices and cardiac monitoring devices (cardiac monitoring devices is further sub-segmented into wearable heart rate monitors, wearable pulse oximeters, wearable blood pressure monitors) and health and fitness devices.  In terms of value, wearable therapeutic medical device segment is projected to account for more than 51.2% market share in global wearable medical devices market by 2026 end.

Market Segmentation by Application Type

On the basis of application type, the market has been segmented into patient monitoring, home healthcare and sports and health and fitness. Home healthcare application segment accounted for highest market share of 64.0% in 2015 and is expected to gain the market share over the forecast period. Increasing demand for home healthcare devices is attributed to rising prevalence of lifestyle related diseases across the globe.

Market Segmentation by Distribution Channels

On the basis of distribution channels, the market has been segmented into hospital pharmacies, clinics, online channels and hypermarkets. Clinics followed by hospital pharmacies are the most preferred medium for distribution of wearable medical devices owing to the recommendation and prescription given by physician.

Key Regions

The global wearable medical devices market has been segmented into seven major regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). In terms of value, the North America market has been estimated to dominate the global wearable medical devices market in 2016, and is expected to witness highest CAGR of 7.4% over the forecast period. APEJ, Western Europe and Japan are estimated to be the fastest growing markets among regional markets. APEJ market is expected to expand at a CAGR of 7.0% over the forecast period. In North America, wearable monitoring and diagnostic device segment is expected to grow at faster rate to reach the value US$ 6,920.2 Mn by 2026 end. Market in MEA is expected to exhibit subdued market growth owing to lower adoption of wearable devices in the region.

 

Key Players

Some of the key players in the global wearable medical devices market include Medtronic plc, Siemens AG, Fitbit Inc., Bayer AG, Panasonic Corporation, Animas Corporation- Johnson and Johnson, Smiths Medical - A Smiths Group Company, Koninklijke Philips N.V., Owlet Baby Care, OMRON Corporation, Hoffmann-La Roche Ltd and Rest Devices Inc.

This FMI report examines the wearable medical device market for the period 2016–2026. The primary objective of the report is to offer insights into current strategies and development scenario in the market that is significantly helping growth trajectory of global businesses and companies operating in this market. The wearable medical device market report begins by defining the product segment, application, and distribution channel. It is followed by an overview of the market dynamics of the global market, which includes FMI’s analysis of the key trends, drivers, restraints, opportunities, regulations and government initiatives that have an impact on the global wearable medical devices market.

The primary factors fuelling demand for wearable medical devices include progressive demographic geriatric population, increasing prevalence of conditions such as diabetes, hypertension, cardiovascular disease and associated morbidity and mortality rates, escalating healthcare costs, rising consumer demand for home healthcare devices for improved health and safety etc. Moreover, adoption of wearable medical devices is also gaining traction in the home healthcare sector. However, lack of awareness among general population about wearable medical devices in certain countries, reluctance to shift from conventional devices to wearable devices, substitute and alternative products for wearable medical devices, availability of viable treatment options for certain diseases etc. are the factors hampering the growth of global wearable medical devices market.

Based on product segment, the market has been segmented into wearable therapeutic medical device, (further sub-segmented into hearing aid, insulin pump and respiratory therapy devices (respiratory therapy devices is further sub segmented into sleep apnea devices and non-invasive ventilation)), wearable monitoring and diagnostic devices, (further sub-segmented into fetal and obstetric devices (fetal and obstetric devices is further sub-segmented into wearable fetal monitors and infant motion sensing monitors), continuous glucose monitoring devices and cardiac monitoring devices (cardiac monitoring devices is further sub-segmented into wearable heart rate monitors, wearable pulse oximeters, wearable blood pressure monitors) and health and fitness devices.  A detailed analysis of each segment has been provided in terms of market size, Y-o-Y growth rate, absolute $ opportunity and BPS analysis.

Based on application type, the market has been segmented into patient monitoring, home healthcare and health and fitness.

The report has been segmented based on distribution channels into hospital pharmacies, clinics, online channel and hypermarkets. In countries such as U.S., Canada, U.K, Japan etc. physician recommend wearable devices to patients through clinics, hospitals pharmacies as these devices are used for monitoring purpose. Apart from this few wearable medical devices such blood glucose monitors etc. are available in hypermarkets, few manufacturers use go-to-market strategy by supplying their products through online channel distribution mode by reaching out to the customers.

The next section of the report highlights wearable medical devices market size and trends by region, and provides market forecast for 2016–2026. Key regions considered in this report include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). The study discusses key regional trends contributing to growth of the wearable medical devices market across the globe, as well as analyses the extent to which drivers are influencing this market in each region.

The above sections— by product segment, application type and distribution channels  — evaluate the present scenario and growth projections in the global wearable medical devices market for 2016–2026, considering 2015 as the base year, 2016 as the estimated year and provided data for the forecast period, i.e., 2017–2026.

To reach the global market size for wearable medical devices market we employed the bottom up approach and have also considered revenue generated by device manufacturers. In order to provide an accurate forecast, we started by sizing up the current market, which forms the basis of how the global wearable medical devices market is expected to grow in the future.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse based on key parameters, such as year-on-year (Y-o-Y) growth rates, to understand the predictability of the wearable medical devices market and to identify opportunities in the market.

The wearable medical devices market segments, by product segment, application type, distribution channels and region, are analysed in terms of Basis Point Share (BPS) to understand the individual segment’s relative contributions to market growth. This detailed level of information is important for identifying various key trends in wearable medical devices market.

Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical for assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective of the market.

To understand key growth segments in terms of growth and adoption of wearable medical devices globally, Future Market Insights developed the ‘Market Attractiveness Index’. The resulting index should help providers identify the real market opportunities.

Key categories of providers covered in the report are wearable medical devices manufacturers. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers and the potential players with respect to the same. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on the in-depth assessment of their capabilities and success in the wearable medical devices marketplace. 

Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings, SWOT analysis and recent developments in the wearable medical devices market. Key market competitors covered in the report include Medtronic plc, Siemens AG, Fitbit Inc., Bayer AG, Panasonic Corporation, Animas Corporation- Johnson and Johnson, Smiths Medical - A Smiths Group Company, Koninklijke Philips N.V., Owlet Baby Care, OMRON Corporation, Hoffmann-La Roche Ltd and Rest Devices Inc.

Key Segments Covered

By Product Segment

  • Wearable Monitoring and Diagnostic Devices
  • Fetal and Obstetric Devices
    • Wearable Fetal Monitors
    • Infant Motion Sensing Monitors
  • Continuous Glucose Monitoring Devices
  • Cardiac Monitoring Devices
    • Wearable Heart rate monitors
    • Wearable Pulse Oximeters
    • Wearable Blood Pressure Monitors
  • Wearable Therapeutic Medical Device
  • Hearing Aid
  • Insulin Pump
  • Respiratory Therapy Devices
    • Sleep Apnea Devices
    • Non Invasive Ventilation
  • Health and Fitness Devices

By Application Type

  • Patient Monitoring
  • Home Healthcare
  • Health and Fitness

By Distribution Channels

  • Hospital Pharmacies
  • Clinics
  • Online Channel
  • Hypermarkets

By Region

  • Global Market
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

Table Of Content

1. Executive Summary

2. Assumptions and Acronyms

3. Research Methodology

4. Wearable Medical Devices Market Overview

4.1. Introduction

4.1.1.  Wearable Medical Devices Market Definition

4.1.2.  Wearable Medical Devices Market Taxonomy

4.1.3.  Medical Devices Overview

4.2. Wearable Medical Devices Market Dynamics

4.2.1.  Drivers

4.2.2.  Restraints

4.2.3.  Opportunity

4.3. Volume (Units) by Product

4.4. Regulations

5. Global Wearable Medical Devices Market Forecast

5.1. Market Value (US$ Mn) Forecast

5.1.1.  Y-o-Y Growth Projections

5.1.2.  Absolute $ Opportunity

5.2. Wearable Medical Devices Market Trends

5.3. Regional Average Pricing Analysis (2015)

5.4. Global Wearable Medical Devices Market Snapshot (2015)

5.4.1.  Market Share, By Product 

6. Global Wearable Medical Devices Market Analysis, By Product 

6.1. Introduction

6.1.1.  Y-o-Y Growth Comparison, By Product 

6.1.2.  Market Share & Basis Point (BPS) Analysis, By Product 

6.2. Market Forecast, By Product 

6.2.1.  Wearable Therapeutic Medical Devices

6.2.1.1.  Absolute $ Opportunity

6.2.1.2.  Market Value (US$ Mn) Forecast

6.2.1.3.  Respiratory Therapy Devices

6.2.1.3.1.  Ambulatory Ventilation Devices

6.2.1.3.2  Sleep Apnea Devices

6.2.1.4.  Insulin Pumps

6.2.1.5.  Hearing Aids

6.2.2.  Wearable Monitoring and Diagnostic Devices

6.2.2.1.  Absolute $ Opportunity

6.2.2.2.  Market Value (US$ Mn) Forecast

6.2.2.3.  Fetal and Obstetric Devices

6.2.2.3.1.  Wearable Fetal Monitors

6.2.2.3.2.  Infant Motion Sensing Monitors

6.2.2.4.  Continuous Glucose Monitoring Devices

6.2.2.5.  Cardiac Monitoring Devices

6.2.2.5.1.  Wearable Heart Rate Monitors

6.2.2.5.2.  Wearable Pulse Oximeters

6.2.2.5.3..  Wearable Blood Pressure Monitors

6.2.3.  Health and Fitness Devices

6.2.3.1.  Absolute $ Opportunity

6.2.3.2.  Market Value (US$ Mn) Forecast

6.3. Market Attractiveness Analysis, By Product 

7. Global Wearable Medical Devices Market Analysis, By Application 

7.1. Introduction

7.1.1.  Y-o-Y Growth Comparison, By Application 

7.1.2.  Market Share & Basis Point (BPS) Analysis, By Application 

7.2. Market Forecast, By Application 

7.2.1.  Patient Monitoring

7.2.1.1.  Absolute $ Opportunity

7.2.1.2.  Market Value (US$ Mn) Forecast

7.2.2.  Health and Fitness

7.2.2.1.  Absolute $ Opportunity

7.2.2.2.  Market Value (US$ Mn) Forecast

7.2.3.  Home Healthcare

7.2.3.1.  Absolute $ Opportunity

7.2.3.2.  Market Value (US$ Mn) Forecast

7.3. Market Attractiveness Analysis, By Application 

8. Global Wearable Medical Devices Market Analysis, By Distribution Channel 

8.1. Introduction

8.1.1.  Y-o-Y Growth Comparison, By Distribution Channel 

8.1.2.  Market Share & Basis Point (BPS) Analysis, By Distribution Channel 

8.2. Market Forecast, By Distribution Channel 

8.2.1.  Hospital Pharmacies

8.2.1.1.  Absolute $ Opportunity

8.2.1.2.  Market Value (US$ Mn) Forecast

8.2.2.  Clinics

8.2.2.1.  Absolute $ Opportunity

8.2.2.2.  Market Value (US$ Mn) Forecast

8.2.3.  Online Channel

8.2.3.1.  Absolute $ Opportunity

8.2.3.2.  Market Value (US$ Mn) Forecast

8.2.4.  Hypermarket

8.2.4.1.  Absolute $ Opportunity

8.2.4.2.  Market Value (US$ Mn) Forecast

8.3. Market Attractiveness Analysis, By Distribution Channel 

9. Global Wearable Medical Devices Market Analysis, By Region

9.1. Introduction

9.1.1.  Y-o-Y Growth Projections, By Region

9.1.2.  Market Share & Basis Point (BPS) Analysis, By Region

9.2. Market Forecast, By Region

9.2.1.  North America Market Value (US$ Mn) Forecast

9.2.2.  Latin America Market Value (US$ Mn) Forecast

9.2.3.  Western Europe Market Value (US$ Mn) Forecast

9.2.4.  Eastern Europe Market Value (US$ Mn) Forecast

9.2.5.  Asia Pacific Excl. Japan Market Value (US$ Mn) Forecast

9.2.6.  Japan Market Value (US$ Mn) Forecast

9.2.7.  MEA Market Value (US$ Mn) Forecast

9.3. Regional Attractiveness Analysis

10. North America Wearable Medical Devices Market Analysis

10.1. Introduction

10.1.1. Y-o-Y Growth Projections, By Country

10.1.2. Market Share & Basis Point (BPS) Analysis, By Country

10.2. Key Trends

10.3. North America Market Forecast

10.4.1. Market Value (US$ Mn) Forecast, By Country

10.4.1.1. U.S. Absolute $ Opportunity

10.4.1.2. Canada Absolute $ Opportunity

10.4.2. Market Value (US$ Mn) Forecast, By Product 

10.4.2.1. Wearable Therapeutic Medical Devices

10.4.2.1.1. Respiratory Therapy Devices

10.4.2.1.1.1. Ambulatory Ventilation Devices

10.4.2.1.1.2. Sleep Apnea Devices

10.4.2.1.2. Insulin Pumps

10.4.2.1.3. Hearing Aids

10.4.2.2. Wearable Monitoring and Diagnostic Devices

10.4.2.2.1. Fetal and Obstetric Devices

10.4.2.2.1.1. Wearable Fetal Monitors

10.4.2.2.1.2. Infant Motion Sensing Monitors

10.4.2.2.2. Continuous Glucose Monitoring Devices

10.4.2.2.3 Cardiac Monitoring Devices

10.4.2.2.3.1. Wearable Heart Rate Monitors

10.4.2.2.3.2. Wearable Pulse Oximeters

10.4.2.2.3.3. Wearable Blood Pressure Monitors

10.4.2.3. Health and Fitness Devices

10.4.3. Market Value (US$ Mn) Forecast, By Application 

10.4.3.1. Patient Monitoring

10.4.3.2. Health and Fitness

10.4.3.3. Home Healthcare

10.4.4. Market Value (US$ Mn) Forecast, By Distribution Channel 

10.4.4.1. Hospital Pharmacies

10.4.4.2. Clinics

10.4.4.3. Online Channel

10.4.4.4. Hypermarket

10.4. Market Attractiveness Analysis

10.5.1. By Country

10.5.2. By Product 

10.5.3. By Distribution Channel 

10.5.4. By Application 

10.5. Drivers & Restraints: Impact Analysis

11. Latin America Wearable Medical Devices Market Analysis

11.1. Introduction

11.1.1. Y-o-Y Growth Projections, By Country

11.1.2. Market Share & Basis Point (BPS) Analysis, By Country

11.2. Key Trends

11.3. Latin America Market Forecast

11.4.1. Market Value (US$ Mn) Forecast, By Country

11.4.1.1. Brazil Absolute $ Opportunity

11.4.1.2. Mexico Absolute $ Opportunity

11.4.1.3. Rest of Latin America Absolute $ Opportunity

11.4.2. Market Value (US$ Mn) Forecast, By Product 

11.4.2.1. Wearable Therapeutic Medical Devices

11.4.2.1.1. Respiratory Therapy Devices

11.4.2.1.1.1. Ambulatory Ventilation Devices

11.4.2.1.1.2. Sleep Apnea Devices

11.4.2.1.2. Insulin Pumps

11.4.2.1.3. Hearing Aids

11.4.2.2. Wearable Monitoring and Diagnostic Devices

11.4.2.2.1. Fetal and Obstetric Devices

11.4.2.2.1.1. Wearable Fetal Monitors

11.4.2.2.1.2. . Infant Motion Sensing Monitors

11.4.2.2.2. Continuous Glucose Monitoring Devices

11.4.2.2.3 Cardiac Monitoring Devices

11.4.2.2.3.1. Wearable Heart Rate Monitors

11.4.2.2.3.2. Wearable Pulse Oximeters

11.4.2.2.3.3. Wearable Blood Pressure Monitors

11.4.2.3. Health and Fitness Devices

11.4.3. Market Value (US$ Mn) Forecast, By Application 

11.4.3.1. Patient Monitoring

11.4.3.2. Health and Fitness

11.4.3.3. Home Healthcare

11.4.4. Market Value (US$ Mn) Forecast, By Distribution Channel 

11.4.4.1. Hospital Pharmacies

11.4.4.2. Clinics

11.4.4.3. Online Channel

11.4.4.4. Hypermarket

11.4. Market Attractiveness Analysis

11.5.1. By Country

11.5.2. By Product 

11.5.3. By Distribution Channel 

11.5.4. By Application 

11.5. Drivers & Restraints: Impact Analysis

12. Western Europe Wearable Medical Devices Market Analysis

12.1. Introduction

12.1.1. Y-o-Y Growth Projections, By Country

12.1.2. Market Share & Basis Point (BPS) Analysis, By Country

12.2. Key Trends

12.3. Western Europe Market Forecast

12.4.1. Market Value (US$ Mn) Forecast, By Country

12.4.1.1. U.K. Absolute $ Opportunity

12.4.1.2. Germany Absolute $ Opportunity

12.4.1.3. France Absolute $ Opportunity

12.4.1.4. Spain Absolute $ Opportunity

12.4.1.5. Italy Absolute $ Opportunity

12.4.1.6. NORDIC Countries Absolute $ Opportunity

12.4.1.7. BENELUX Absolute $ Opportunity

12.4.1.8. Rest of Western Europe Absolute $ Opportunity

12.4.2. Market Value (US$ Mn) Forecast, By Product 

12.4.2.1. Wearable Therapeutic Medical Devices

12.4.2.1.1. Respiratory Therapy Devices

12.4.2.1.1.1. Ambulatory Ventilation Devices

12.4.2.1.1.2. Sleep Apnea Devices

12.4.2.1.2. Insulin Pumps

12.4.2.1.3. Hearing Aids

12.4.2.2. Wearable Monitoring and Diagnostic Devices

12.4.2.2.1. Fetal and Obstetric Devices

12.4.2.2.1.1. Wearable Fetal Monitors

12.4.2.2.1.2. Infant Motion Sensing Monitors

12.4.2.2.2. Continuous Glucose Monitoring Devices

12.4.2.2.3 Cardiac Monitoring Devices

12.4.2.2.3.1. Wearable Heart Rate Monitors

12.4.2.2.3.2. Wearable Pulse Oximeters

12.4.2.2.3.3. Wearable Blood Pressure Monitors

12.4.2.3. Health and Fitness Devices

12.4.3. Market Value (US$ Mn) Forecast, By Application 

12.4.3.1. Patient Monitoring

12.4.3.2. Health and Fitness

12.4.3.3. Home Healthcare

12.4.4. Market Value (US$ Mn) Forecast, By Distribution Channel 

12.4.4.1. Hospital Pharmacies

12.4.4.2. Clinics

12.4.4.3. Online Channel

12.4.4.4. Hypermarket

12.4. Market Attractiveness Analysis

12.5.1. By Country

12.5.2. By Product 

12.5.3. By Distribution Channel 

12.5.4. By Application 

12.5. Drivers & Restraints: Impact Analysis

13. Eastern Europe Wearable Medical Devices Market Analysis

13.1. Introduction

13.1.1. Y-o-Y Growth Projections, By Country

13.1.2. Market Share & Basis Point (BPS) Analysis, By Country

13.2. Key Trends

13.3. Eastern Europe Market Forecast

13.4.1. Market Value (US$ Mn) Forecast, By Country

12.4.1.1. Poland Absolute $ Opportunity

12.4.1.2. Russia Absolute $ Opportunity

12.4.1.3. Rest of Eastern Europe Absolute $ Opportunity

13.4.2. Market Value (US$ Mn) Forecast, By Product 

13.4.2.1. Wearable Therapeutic Medical Devices

13.4.2.1.1. Respiratory Therapy Devices

13.4.2.1.1.1. Ambulatory Ventilation Devices

13.4.2.1.1.2. Sleep Apnea Devices

13.4.2.1.2. Insulin Pumps

13.4.2.1.3. Hearing Aids

13.4.2.2. Wearable Monitoring and Diagnostic Devices

13.4.2.2.1. Fetal and Obstetric Devices

13.4.2.2.1.1. Wearable Fetal Monitors

13.4.2.2.1.2. Infant Motion Sensing Monitors

13.4.2.2.2. Continuous Glucose Monitoring Devices

13.4.2.2.3 Cardiac Monitoring Devices

13.4.2.2.3.1. Wearable Heart Rate Monitors

13.4.2.2.3.2. Wearable Pulse Oximeters

13.4.2.2.3.3. Wearable Blood Pressure Monitors

13.4.2.3. Health and Fitness Devices

13.4.3. Market Value (US$ Mn) Forecast, By Application 

13.4.3.1. Patient Monitoring

13.4.3.2. Health and Fitness

13.4.3.3. Home Healthcare

13.4.4. Market Value (US$ Mn) Forecast, By Distribution Channel 

13.4.4.1. Hospital Pharmacies

13.4.4.2. Clinics

13.4.4.3. Online Channel

13.4.4.4. Hypermarket

13.4. Market Attractiveness Analysis

13.5.1. By Country

13.5.2. By Product 

13.5.3. By Distribution Channel 

13.5.4. By Application 

13.5. Drivers & Restraints: Impact Analysis

14. Asia Pacific Excl. Japan Wearable Medical Devices Market Analysis

14.1. Introduction

14.1.1. Y-o-Y Growth Projections, By Country

14.1.2. Market Share & Basis Point (BPS) Analysis, By Country

14.2. Key Trends

14.3. Asia Pacific Excl. Japan Market Forecast

14.4.1. Market Value (US$ Mn) Forecast, By Country

14.4.1.1. China Absolute $ Opportunity

14.4.1.2. India Absolute $ Opportunity

14.4.1.3. ASEAN Absolute $ Opportunity

14.4.1.4. Australia & New Zealand Absolute $ Opportunity

14.4.1.5. Rest of APEJ Absolute $ Opportunity

14.4.2. Market Value (US$ Mn) Forecast, By Product 

14.4.2.1. Wearable Therapeutic Medical Devices

14.4.2.1.1. Respiratory Therapy Devices

14.4.2.1.2. Ambulatory Ventilation Devices

14.4.2.1.3. Sleep Apnea Devices

14.4.2.1.2. Insulin Pumps

14.4.2.1.3. Hearing Aids

14.4.2.2. Wearable Monitoring and Diagnostic Devices

14.4.2.2.1. Fetal and Obstetric Devices

14.4.2.2.2.1. Wearable Fetal Monitors

14.4.2.2.2.2. Infant Motion Sensing Monitors

14.4.2.2.2. Continuous Glucose Monitoring Devices

14.4.2.2.3. Cardiac Monitoring Devices

14.4.2.2.3.1. Wearable Heart Rate Monitors

14.4.2.2.3.2. Wearable Pulse Oximeters

14.4.2.2.3.3. Wearable Blood Pressure Monitors

14.4.2.3. Health and Fitness Devices

14.4.3. Market Value (US$ Mn) Forecast, By Application 

14.4.3.1. Patient Monitoring

14.4.3.2. Health and Fitness

14.4.3.3. Home Healthcare

14.4.4. Market Value (US$ Mn) Forecast, By Distribution Channel 

14.4.4.1. Hospital Pharmacies

14.4.4.2. Clinics

14.4.4.3. Online Channel

14.4.4.4. Hypermarket

14.4. Market Attractiveness Analysis

14.5.1. By Country

14.5.2. By Product 

14.5.3. By Distribution Channel 

14.5.4. By Application 

14.5. Drivers & Restraints: Impact Analysis

15. Japan Wearable Medical Devices Market Analysis

15.1. Introduction

15.2. Key Trends

15.3. Japan Market Forecast

15.4.1. Market Value (US$ Mn) Forecast, By Product 

15.4.1.1. Wearable Therapeutic Medical Devices

15.4.1.1.1. Respiratory Therapy Devices

15.4.1.1.1.1. Ambulatory Ventilation Devices

15.4.1.1.1.2. Sleep Apnea Devices

15.4.1.1.2. Insulin Pumps

15.4.1.1.3. Hearing Aids

15.4.1.2. Wearable Monitoring and Diagnostic Devices

15.4.1.2.1. Fetal and Obstetric Devices

15.4.1.2.1.1. Wearable Fetal Monitors

15.4.1.2.1.2. Infant Motion Sensing Monitors

15.4.1.2.2. Continuous Glucose Monitoring Devices

15.4.1.2.3. Cardiac Monitoring Devices

15.4.1.2.3.1. Wearable Heart Rate Monitors

15.4.1.2.3.2. Wearable Pulse Oximeters

15.4.1.2.3.3. Wearable Blood Pressure Monitors

15.4.1.3. Health and Fitness Devices

15.4.2. Market Value (US$ Mn) Forecast, By Application 

15.4.2.1. Patient Monitoring

15.4.2.2. Health and Fitness

15.4.2.3. Home Healthcare

15.4.3. Market Value (US$ Mn) Forecast, By Distribution Channel 

15.4.3.1. Hospital Pharmacies

15.4.3.2. Clinics

15.4.3.3. Online Channel

15.4.3.4. Hypermarket

15.4. Market Attractiveness Analysis

15.5.1. By Product 

15.5.2. By Distribution Channel 

15.5.3. By Application 

15.5. Drivers & Restraints: Impact Analysis

16. MEA Wearable Medical Devices Market Analysis

16.1. Introduction

16.1.1. Y-o-Y Growth Projections, By Country

16.1.2. Market Share & Basis Point (BPS) Analysis, By Country

16.2. Key Trends

16.3. MEA Market Forecast

16.4.1. Market Value (US$ Mn) Forecast, By Country

16.4.1.1. GCC Countries Absolute $ Opportunity

16.4.1.2. South Africa Absolute $ Opportunity

16.4.1.3. Rest of MEA Absolute $ Opportunity

16.4.2. Market Value (US$ Mn) Forecast, By Product 

16.4.2.1. Wearable Therapeutic Medical Devices

16.4.2.1.1. Respiratory Therapy Devices

16.4.2.1.1.1. Ambulatory Ventilation Devices

16.4.2.1.1.2. Sleep Apnea Devices

16.4.2.1.2. Insulin Pumps

16.4.2.1.3. Hearing Aids

16.4.2.2. Wearable Monitoring and Diagnostic Devices

16.4.2.2.1. Fetal and Obstetric Devices

16.4.2.2.1.1. Wearable Fetal Monitors

16.4.2.2.1.2. Infant Motion Sensing Monitors

16.4.2.2.2. Continuous Glucose Monitoring Devices

16.4.2.2.3. Cardiac Monitoring Devices

16.4.2.2.3.1. Wearable Heart Rate Monitors

16.4.2.2.3.2. Wearable Pulse Oximeters

16.4.2.2.3.3. Wearable Blood Pressure Monitors

16.4.2.3. Health and Fitness Devices

16.4.3. Market Value (US$ Mn) Forecast, By Application 

16.4.3.1. Patient Monitoring

16.4.3.2. Health and Fitness

16.4.3.3. Home Healthcare

16.4.4. Market Value (US$ Mn) Forecast, By Distribution Channel 

16.4.4.1. Hospital Pharmacies

16.4.4.2. Clinics

16.4.4.3. Online Channel

16.4.4.4. Hypermarket

16.4. Market Attractiveness Analysis

16.5.1. By Country

16.5.2. By Product 

16.5.3. By Distribution Channel 

16.5.4. By Application 

16.5. Drivers & Restraints: Impact Analysis

17. Competition Landscape

17.1. Competition Dashboard

17.2. Company Profiles Inclusions

17.2.1. Revenue

17.2.2. Products/Brand Offerings

17.2.3. Key developments

17.2.4. SWOT Analysis

17.3. Company Profiled

17.3.1. Medtronic plc

17.3.2. Hoffmann-La Roche Ltd.

17.3.3. Koninklijke Philips N.V. 

17.3.4. Smiths Medical - A Smiths Group Company 

17.3.5. Animas Corporation- Johnson and Johnson 

17.3.6. OMRON Corporation 

17.3.7. Siemens AG 

17.3.8. Fitbit Inc. 

17.3.9. Sonova 

17.3.10. Owlet Baby Care 

17.3.11. Panasonic Corporation

17.3.10. Bayer AG 

17.3.11. Rest Devices Inc.

17.4. Key Insights 

List of Tables

Table 1: Global Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 2: Global Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 3: Global Wearable Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 4: Global Wearable Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 5: Global Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Application, 2015 – 2026

Table 6: Global Wearable Medical Devices Market Value (US$ Mn)) Analysis and Forecast By Distribution Channel, 2015 – 2026

Table 7: Global Wearable Medical Devices Market Value (US$ Mn) & Volume (Unit) Analysis and Forecast By Region, 2015 – 2026

Table 8: North America Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Country, 2015 – 2026

Table 9: Global Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 10: North America Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 11: North America Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 12: North America Wearable Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 13: North America Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Application, 2015 – 2026

Table 14: North America Wearable Medical Devices Market Value (US$ Mn)) Analysis and Forecast By Distribution Channel, 2015 – 2026

Table 15: Latin America Wearable Medical Devices Market Value (US$ Mn) & Volume (Units) Analysis and Forecast By Country, 2015 – 2026

Table 16: Latin America Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 17: Latin America Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 18: Latin America Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 19: Latin America Wearable Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 20: Latin America Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Application, 2015 – 2026

Table 21: Latin America Wearable Medical Devices Market Value (US$ Mn)) Analysis and Forecast By Distribution Channel, 2015 – 2026

Table 22: Western Europe Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Country, 2015 – 2026

Table 23: Western Europe Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 24: Western Europe Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 25: Western Europe Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 26: Western Europe Wearable Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 27: Western Europe Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Application, 2015 – 2026

Table 28: Western Europe Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Distribution Channel, 2015 – 2026

Table 29: Eastern Europe Wearable Medical Devices Market Value (US$ Mn) & Volume (Units) Analysis and Forecast By Country, 2015 – 2026

Table 30: Eastern Europe Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 31: Eastern Europe Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 32: Eastern Europe Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 33: Eastern Europe Wearable Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 34: Eastern Europe Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Application, 2015 – 2026

Table 35: Eastern Europe Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Distribution Channel, 2015 – 2026

Table 36: APEJ Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Country, 2015 – 2026

Table 37: APEJ Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 38: APEJ Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 39: APEJ Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 40: APEJ Wearable Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 41: APEJ Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Application, 2015 – 2026

Table 42: APEJ Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Distribution Channel, 2015 – 2026

Table 43: Japan Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 44: Japan Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 45: Japan Wearable Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 46: Japan Wearable Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 47: Japan Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Application, 2015 – 2026

Table 48: Japan Wearable Medical Devices Market Value (US$ Mn)) Analysis and Forecast By Distribution Channel, 2015 – 2026

Table 49: MEA Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Country, 2015 – 2026

Table 50: MEA Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 51: MEA Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Product, 2015 – 2026

Table 52: MEA Wearable Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 53: MEA Wearable Medical Devices Market Volume (Units) Analysis and Forecast By Product, 2015 – 2026

Table 54: MEA Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Application, 2015 – 2026

Table 55: MEA Wearable Medical Devices Market Value (US$ Mn) Analysis and Forecast By Distribution Channel, 2015 – 2026

List of Figures

Figure 1: Global Wearable Medical Devices Market Value (US$ Mn) Forecast, 2016 – 2026

Figure 2: Global Wearable Medical Devices Market Volume (Unit) Forecast, 2016 – 2026

Figure 3: Global Wearable Medical Devices Market Y-o-Y Growth, 2015 – 2026 

Figure 4: Global Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn), 2015 – 2026

Figure 5: Global Wearable Medical Devices Market Value (US$ Mn) & Volume (Unit) Forecast, 2015 – 2026 

Figure 6: Global Wearable Medical Devices Market Absolute $ Opportunity, 2015 – 2026 

Figure 7: Global Wearable Medical Devices Market Y-o-Y Growth, 2015 – 2026 

Figure 8:  Global Hearing Aid Device Price Difference (US$) By Region, 2015

Figure 9:  Global Hearing Aid Device Price Difference (US$) By Region, 2026

Figure 10:  Global Sleep Apnea Device Price Difference (US$) By Region, 2015

Figure 11:  Global Sleep Apnea Device Price Difference (US$) By Region, 2026

Figure 12:  Global Infant Motion Sensing Monitor Price Difference (US$) By Region, 2015

Figure 13:  Global Infant Motion Sensing Monitor Price Difference (US$) By Region, 2026

Figure 14:  Global Blood Glucose Monitoring Device Price Difference (US$) By Region, 2015

Figure 15:  Global Blood Glucose Monitoring Device Price Difference (US$) By Region, 2026

Figure 16:  Global Blood Pressure Monitoring Device Price Difference (US$) By Region, 2015

Figure 17:  Global Blood Pressure Monitoring Device Price Difference (US$) By Region, 2026

Figure 18:  Global Activity Tracker Device Price Difference (US$) By Region, 2015

Figure 19:  Global Activity Tracker Device Price Difference (US$) By Region, 2026

Figure 20:  Global Insulin Pump Device Price Difference (US$) By Region, 2015

Figure 21:  Global Insulin Pump Device Price Difference (US$) By Region, 2026

Figure 22:  Global Wearable foetal Monitor Device Price Difference (US$) By Region, 2015

Figure 23:  Global Wearable foetal Monitor Device Price Difference (US$) By Region, 2026

Figure 24:  Global Pulse Oximeters Device Price Difference (US$) By Region, 2015

Figure 25:  Global Pulse Oximeters Device Price Difference (US$) By Region, 2026

Figure 26:  Global Non-invasive Ventilation Device Price Difference (US$) By Region, 2015

Figure 27:  Global Non-invasive Ventilation Device Price Difference (US$) By Region, 2026

Figure 28:  Global Heart Rate Monitor Device Price Difference (US$) By Region, 2015

Figure 29:  Global Heart Rate Monitor Device Price Difference (US$) By Region, 2026

Figure 32: Global Wearable Medical Devices Market Value Share and BPS Analysis By Product, 2015, 2020 & 2026

Figure: 33 Global Wearable Medical Devices Market Y-o-Y Growth Comparison By Product, 2015 – 2026 

Figure 34 : Global Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn) By Wearable Therapeutic Medical Device Product Type Segment, 2015 – 2026

Figure 35 : Global Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn) By wearable monitoring and diagnostic devices Product Type Segment, 2015 – 2026

Figure 36 : Global Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn) By Health and Fitness Devices Product Type Segment, 2015 – 2026

Figure 37: Global Wearable Medical Devices Market Size (US$ Mn), 2016 and 2026

Figure 38: Global Wearable Medical Devices Market Value Share and BPS Analysis By Application, 2015, 2020 & 2026

Figure 39: Global Wearable Medical Devices Market Y-o-Y Growth Comparison By Application, 2015 – 2026 

Figure 40: Global Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn) By Patient Monitoring Application Type Segment, 2015 – 2026

Figure 41: Global Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn) By Health and Fitness Application Type Segment, 2015 – 2026

Figure 42: Global Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn) By Home Healthcare Application Segment, 2015 – 2026

Figure 43: Global Wearable Medical Devices Market Attractiveness Analysis By Application, 2016 – 2026 

Figure 45: Global Wearable Medical Devices Market Value Share and BPS Analysis By Application, 2015, 2020 & 2026

Figure 46: Global Wearable Medical Devices Market Y-o-Y Growth Comparison By Distribution Channel, 2015 – 2026 

Figure 47: Global Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn) By Clinics Distribution Channel Type Segment, 2015 – 2026

Figure 48: Global Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn) By Hospital Pharmacies Distribution Channel Type Segment, 2015 – 2026

Figure 49: Global Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn) By Online Channels Distribution Channel Type Segment, 2015 – 2026

Figure 50: Global Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn) By Hypermarkets Distribution Channel Type Segment, 2015 – 2026

Figure 51: Global Wearable Medical Devices Market Attractiveness Analysis By Distribution Channel, 2016 – 2026 

Figure 52: Global Wearable Medical Devices Market Value Share and BPS Analysis By Region, 2015, 2020 & 2026

Figure 53: Global Wearable Medical Devices Market Y-o-Y Growth Comparison By Region, 2015 – 2026 

Figure 54: North America Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn), 2015 – 2026

Figure 55: Latin America Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn), 2015 – 2026

Figure 56: Western Europe Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn), 2015 – 2026

Figure 57: Eastern Europe Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn), 2015 – 2026

Figure 58: APEJ Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn), 2015 – 2026

Figure 59: Japan Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn), 2015 – 2026

Figure 60: MEA Wearable Medical Devices Market Absolute $ Opportunity (US$ Mn), 2015 – 2026

Figure 61: Global Wearable Medical Devices Market Attractiveness Analysis By Region, 2016 – 2026 

Figure 62: North America Wearable Medical Devices Market Value Share and BPS Analysis By Country, 2015, 2020 & 2026

Figure 63: North America Wearable Medical Devices Market Y-o-Y Growth Comparison By Country, 2015 – 2026 

Figure 65: North America Wearable Medical Devices Market Attractiveness Analysis By Application, 2016 – 2026 

Figure 67: North America Wearable Medical Devices Market Attractiveness Analysis By Distribution Channel, 2016 – 2026 

Figure 64: North America Wearable Medical Devices Market Attractiveness Analysis By Country, 2016 – 2026 

Figure 66: North America Wearable Medical Devices Market Attractiveness Analysis By Product, 2016 – 2026 

Figure 68: Latin America Wearable Medical Devices Market Value Share and BPS Analysis By Country, 2015, 2020 & 2026

Figure 69: Latin America Wearable Medical Devices Market Y-o-Y Growth Comparison By Country, 2015 – 2026 

Figure 70: Latin America Wearable Medical Devices Market Attractiveness Analysis By Country, 2016 – 2026 

Figure 71: Latin America Wearable Medical Devices Market Attractiveness Analysis By Application, 2016 – 2026 

Figure 72: Latin America Wearable Medical Devices Market Attractiveness Analysis By Product, 2016 – 2026 

Figure 73: Latin America Wearable Medical Devices Market Attractiveness Analysis By Distribution Channel, 2016 – 2026 

Figure 74: Western Europe Wearable Medical Devices Market Value Share and BPS Analysis By Country, 2015, 2020 & 2026

Figure 75: Western Europe Wearable Medical Devices Market Y-o-Y Growth Comparison By Country, 2015 – 2026 

Figure 77: Western Europe Wearable Medical Devices Market Attractiveness Analysis By Application, 2016 – 2026 

Figure 79: Western Europe Wearable Medical Devices Market Attractiveness Analysis By Distribution Channel, 2016 – 2026 

Figure 76: Western Europe Wearable Medical Devices Market Attractiveness Analysis By Country, 2016 – 2026 

Figure 78: Western Europe Wearable Medical Devices Market Attractiveness Analysis By Product, 2016 – 2026 

Figure 80: Eastern Europe Wearable Medical Devices Market Value Share and BPS Analysis By Country, 2015, 2020 & 2026

Figure 81: Eastern Europe Wearable Medical Devices Market Y-o-Y Growth Comparison By Country, 2015 – 2026 

Figure 83: Eastern Europe Wearable Medical Devices Market Attractiveness Analysis By Application, 2016 – 2026 

Figure 85: Eastern Europe Wearable Medical Devices Market Attractiveness Analysis By Distribution Channel, 2016 – 2026 

Figure 82: Eastern Europe Wearable Medical Devices Market Attractiveness Analysis By Country, 2016 – 2026 

Figure 84: Eastern Europe Wearable Medical Devices Market Attractiveness Analysis By Product, 2016 – 2026 

Figure 86: APEJ Wearable Medical Devices Market Value Share and BPS Analysis By Country, 2015, 2020 & 2026

Figure 87: APEJ Wearable Medical Devices Market Y-o-Y Growth Comparison By Country, 2015 – 2026 

Figure 88: APEJ Wearable Medical Devices Market Attractiveness Analysis By Country, 2016 – 2026 

Figure 89: APEJ Wearable Medical Devices Market Attractiveness Analysis By Application, 2016 – 2026 

Figure 90: APEJ Wearable Medical Devices Market Attractiveness Analysis By Product, 2016 – 2026 

Figure 91: APEJ Wearable Medical Devices Market Attractiveness Analysis By Distribution Channel, 2016 – 2026 

Figure 92: Japan Wearable medical devices market Y-o-Y Growth Analysis, 2015–2026

Figure 93: Japan Wearable Medical Devices Market Attractiveness Analysis By Application, 2016 – 2026 

Figure 94: Japan Wearable Medical Devices Market Attractiveness Analysis By Distribution Channel, 2016 – 2026 

Figure 95: Japan Wearable Medical Devices Market Attractiveness Analysis By Product, 2016 – 2026 

Figure 96: MEA Wearable Medical Devices Market Value Share and BPS Analysis By Country, 2015, 2020 & 2026

Figure 97: MEA Wearable Medical Devices Market Y-o-Y Growth Comparison By Country, 2015 – 2026 

Figure 98: MEA Wearable Medical Devices Market Attractiveness Analysis By Country, 2016 – 2026 

Figure 99: MEA Wearable Medical Devices Market Attractiveness Analysis By Application, 2016 – 2026 

Figure 100: MEA Wearable Medical Devices Market Attractiveness Analysis By Product, 2016 – 2026 

Figure 101: MEA Wearable Medical Devices Market Attractiveness Analysis By Distribution Channel, 2016 – 2026