Report overview
Diagnostic wearable medical devices are used to monitor, control, and track an individual's vital signs at regular intervals. These devices are connected to an individual?s body for the measurement of certain physiological information. They are available in the form of eyeglasses, watch, clothing, jewelry, and contact lenses. Diagnostic wearable medical devices monitor physiological data through remote or wireless communication and transmit this information to medical professionals or the user. These are autonomous, non-invasive devices that help assess specific medical functions such as blood pressure, body temperature, respiratory rate, glucose quantity, heart rate, and blood oxygen saturation. These devices also help determine parameters such as the heart rate, muscle activity, and calories burned during exercise and activities such as walking and jogging.
This report aims to provide a comprehensive presentation of the global market for Diagnostic Wearable Medical Devices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Diagnostic Wearable Medical Devices. This report contains market size and forecasts of Diagnostic Wearable Medical Devices in global, including the following market information:
Global Diagnostic Wearable Medical Devices Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Diagnostic Wearable Medical Devices Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Diagnostic Wearable Medical Devices companies in 2022 (%)
The global Diagnostic Wearable Medical Devices market was valued at US$ 6837.7 million in 2022 and is projected to reach US$ 15730 million by 2029, at a CAGR of 12.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The miniaturization of diagnostic wearables is one of the emerging trends spurring the growth prospects of this market during the predicted period. There has been an increasing focus on the development of smaller, more reliable, and more energy-efficient devices compared to the previous generations of wearables. For instance, a new ingestible tablet embedded with a sensor the size of a grain of salt was developed recently. This sensor is coupled with a wearable transmitter to monitor the physiological conditions and the intake of medications. Moreover, the miniaturization of wearable health devices is anticipated to have a positive impact on the rapidly growing IoT market. The advances in the IoT technology will enable future health systems to use wearables to establish connections and come up with standard solutions for diverse medical conditions.
We surveyed the Diagnostic Wearable Medical Devices manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Diagnostic Wearable Medical Devices Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Diagnostic Wearable Medical Devices Market Segment Percentages, by Type, 2022 (%)
Vital Signs Monitor
Sleep and Activity Monitor
Fetal and Obstetric Monitoring
Neuro Monitoring
ECG Monitors
Global Diagnostic Wearable Medical Devices Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Diagnostic Wearable Medical Devices Market Segment Percentages, by Application, 2022 (%)
Sports and Fitness
Remote Patient Monitoring
Home Healthcare
Global Diagnostic Wearable Medical Devices Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Diagnostic Wearable Medical Devices Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Diagnostic Wearable Medical Devices revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Diagnostic Wearable Medical Devices revenues share in global market, 2022 (%)
Key companies Diagnostic Wearable Medical Devices sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Diagnostic Wearable Medical Devices sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Medtronic
GE Healthcare
Johnson & Johnson
Omron Corporation
Philips Healthcare
Fitbit
Abbott
Boston Scientific Corporation
F. Hoffmann-La Roche
Drager Medical GmbH
Dexcom
iHealth Labs (Subsidiary of Andon Health)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Diagnostic Wearable Medical Devices, market overview.
Chapter 2: Global Diagnostic Wearable Medical Devices market size in revenue and volume.
Chapter 3: Detailed analysis of Diagnostic Wearable Medical Devices manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Diagnostic Wearable Medical Devices in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Diagnostic Wearable Medical Devices capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
