Florida, July 25, 2018: Market Research Engine has published a new report titled as “Wearable Medical Devices Market By Devices (Pain management devices, Glucose monitoring devices, Respiratory Therapy devices); By End-User (Home healthcare, Remote Patient Monitoring, Sports and Fitness) and by Regional Analysis – Global Forecast by 2017 – 2024”.

    The Wearable Medical Devices Market is segmented on the lines of its Devices, end-user and regional. Basis of Devices is segmented into Pain management devices, Glucose monitoring devices and Respiratory Therapy devices. Based on end-user it covers Home healthcare, Remote Patient Monitoring and Sports and Fitness. The Wearable Medical Devices Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    The scope of the report includes a detailed study of Wearable Medical Devices Market with the reasons given for variations in the growth of the industry in certain regions.

    The Wearable Medical Devices Market is expected to exceed more than US$ 14 Billion by 2024 at a CAGR of 18% in the given forecast period.

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    Wearable medical devices are handheld observation tools used in identification and observation of illness. thanks to the rise in chronic diseases, patients are opting home attention as a value effective and efficient method of treatment, instead of hospital services.

    The major driving factors of Wearable Medical Devices Market are as follows:

    • Technological Advancements in wearable Medical Devices
    • Increasing Penetration of Smartphones and Growing variety of Smartphone-Based Attention Apps Compatible with wearable Devices
    • Growing Preference for Wireless Property Among attention suppliers
    • Increasing concentrate on shape

    The major restraining factors of Wearable Medical Devices Market are as follows:

    • High price of wearable Devices and Lack of compensation
    • Data Security problems

    The Wearable Medical Devices Market has been segmented as below:

    By Devices:

    • Pain management devices
    • Glucose monitoring devices
    • Respiratory Therapy devices

    By End-User:

    • Home healthcare
    • Remote Patient Monitoring
    • Sports and Fitness

    By Regional Analysis:

    •     North America
    •     Europe
    •     Asia-Pacific
    •     Rest of the World

    This report provides:

    1) An overview of the global market for Wearable Medical Devices Market and related technologies.
    2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
    3) Identifications of new market opportunities and targeted promotional plans for Wearable Medical Devices Market.

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    Report Scope:

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Nuubo, Omron Corporation, Zephyr Technology Corporation, Basis Science, Inc., Corventis, Inc., LifeWatch AG, Polar Electro, Withings, Intelesens Ltd., Fitbit, Inc. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

    Reasons to Buy this Report:

    1) Obtain the most up to date information available on all Wearable Medical Devices Market.

    2) Identify growth segments and opportunities in the industry.

    3) Facilitate decision making on the basis of strong historic and forecast of Wearable Medical Devices Market.

    4) Assess your competitor’s refining portfolio and its evolution.

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    Table of Contents

    1. Introduction
    2. Research Methodology
    3. Summary with Insights
    4. Market Overview
    5. Wearable Medical Devices Market Analysis, By Devices
    6. Wearable Medical Devices Market Analysis, By End-User
    7. Wearable Medical Devices Market Analysis, By Region
    8. Competitive Overview
    9. Company Profiles

    9.1    Fitbit

    9.2    Garmin

    9.3    Lifewatch

    9.4    Philips

    9.5    Omron

    9.6    Drägerwerk

    9.7    Nokia Technologies

    9.8    Activeinsights

    9.9    Vitalconnect

    9.10    World Global Network [Wor(L)D]

    9.11    Xiaomi

    9.12    Misfit

    9.13    Jawbone

    9.14    Polar Electro

    9.15    Monica Healthcare

     

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    Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

     

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    Source: http://www.financeswire.com/wearable-medical-devices-market-is-supposed-to-reach-us-14-billion-by-2024