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市场调查报告书
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1372875

穿戴式医疗设备市场 - 2018-2028 年全球产业规模、份额、趋势、机会和预测,按产品类型、类型、用途、按应用、应用、配销通路、业务细分、地区和竞争细分

Wearable Medical Devices Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2018-2028 Segmented By Product Type, By Type, By Purpose, By Site, By Application, By Distribution Channel, By Business Segment, By Region & Competition

出版日期: | 出版商: TechSci Research | 英文 172 Pages | 商品交期: 2-3个工作天内

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简介目录

全球穿戴式医疗设备市场估值在 2022 年达到 246.4 亿美元,并有望实现显着增长,预计到 2028 年复合年增长率 (CAGR) 为 15.63%。穿戴式医疗设备涵盖多种医疗保健技术,个人可以舒适地佩戴来监测和追踪其健康的各个方面。这些设备专为非侵入性且用户友好的使用而设计,结合了感测器、连接功能和资料分析功能来收集和分析相关的健康资讯。它们提供即时监控和回馈,使个人、照护者和医疗保健专业人员能够就健康和福祉做出明智的决策。穿戴式装置的常见类别包括健身追踪器、智慧手錶、心率监测器、血糖监测器和血压监测器。

穿戴式装置不仅传输健康资料,还可以透过即时监测认知和情绪来提供心理健康护理,促进个人化介入。穿戴式装置的日益普及可归因于这些和其他类似的应用程式。穿戴式医疗设备是实用且方便的技术工具,透过无缝资料传输的网路连接进一步增强了功能。这些设备得到了各种医疗机构的认可,用于管理慢性病,这些疾病一直在上升,导致死亡率上升。医疗保健专业人员可以远端持续监控患者,提供个人化照护。

穿戴式医疗设备的主要优势在于整合了智慧感测器,可以测量和监测心率、血压和体温等关键生理参数。在可听设备或可摄取设备等各种医疗物联网 (IoT) 设备中,穿戴式医疗技术已成为最受欢迎的选择。

市场概况
预测期 2024-2028
2022 年市场规模 246.4亿美元
2028 年市场规模 593.4亿美元
2023-2028 年复合年增长率 15.63%
成长最快的细分市场 诊断设备
最大的市场 北美洲

主要市场驱动因素

慢性病盛行率增加

慢性病,也称为非传染性疾病,是通常不是由感染引起而是由不健康的习惯或行为引起的疾病或病症。它们可能导致长期的健康问题,需要广泛的治疗。属于此类别的疾病的例子包括心血管疾病、糖尿病、慢性肺病和各种癌症。根据世界卫生组织 (WHO) 的数据,慢性病占全球死亡人数的近 74%,吸烟、不健康饮食、缺乏身体活动和过度饮酒等风险因素导致了慢性病的增长。

越来越多地使用远端患者监控和远距医疗服务

远距医疗包括利用电信技术远端或从医院以外的地点提供的医疗保健服务。远距患者监护是远距医疗的一个组成部分,它采用技术与患者进行远距离互动。自 COVID-19 大流行爆发以来,这些服务和技术的使用率不断提高。鑑于慢性病患者数量庞大,可穿戴医疗设备的采用预计将进一步增加。穿戴式医疗设备有助于远端监控慢性病患者,使医疗保健提供者能够存取即时患者资料。这有助于及早发现健康问题、及时介入和远距咨询。这种功能对于行动不便或需要频繁监测的人特别有价值,因为它可以最大限度地减少不必要的医院就诊的需要。

GluCare.Health(阿联酋)是一家糖尿病中心和数位治疗公司,利用 Fitbit 等连续血糖监测系统和连接的体重计来测量和收集患者资料。他们已任命医疗保健专业人员根据需要与患者进行远端联繫。此外,专门的护理团队会监控患者的健康资料,包括血糖水平、心率和睡眠模式,同时管理他们的药物治疗。

健康数据追踪的需求不断增加

人们对记录和追踪有关其健康习惯的资讯越来越感兴趣。随着行动应用程式的推出,个人资讯学运动变得流行起来,这些应用程式有助于追踪日常活动,例如行走距离和卡路里摄取量。这种做法也称为资料日誌、生命追踪或健康量化。随着越来越多的公司开发出配备加速计和感测器来自动捕获资料的可穿戴设备,用户摆脱了手动输入资讯的负担。此外,多家公司还推出了监测血氧水平、呼吸频率、心率、热通量、皮肤电反应和皮肤温度的穿戴式装置。因此,人们对健康资料追踪的兴趣激增。

消费者现在可以使用穿戴式装置、智慧型手机应用程式和其他连网装置来管理自己的健康状况。然而,要实现与改善睡眠、计算卡路里、减肥和健身相关的目标并不是一件容易的事。然而,这种便捷、即时的健康资讯取得方式正在重塑消费者在医疗保健领域的态度和期望。

现在的重点是开发能够自动追踪生理讯号的产品,这可以透过感测器技术的进步来实现。目前正在开发奈米级压力感测器、植入式感测晶片、光学生物感测器、电子生物感测器和其他技术,以实现各种生理功能的无缝捕获。最终,资料捕获将扩展到嵌入我们环境中的设备和感测器,从而使可穿戴设备过时。例如,高速视讯可用于可视化人脸上的血流,然后将其转换为脉搏率。在短期内,穿戴式装置将被设计成类似于珠宝或黏合贴片的形式,并结合柔性电子设备。智慧咨询和指导软体将进一步增强对个人健康资料的跟踪,这些软体可以自订来解释资料、提供警报以及提供解释和建议。这些系统和设备将有助于优化运动和身体表现。例如,电子生物感测器可以检测汗水中的乳酸水平,使运动员能够改善训练并提高无氧代谢效率。

全天候监控的需求不断增长

由于久坐的生活方式,高血压和糖尿病等疾病的盛行率预计在预测期内将会上升。这些疾病需要持续监测血压和血糖值等生理参数。这凸显了将医疗保健资料与便携式设备整合的必要性,使医生能够即时存取、减少错误并推动行业需求。此外,与非传染性疾病发病率不断上升相关的死亡率不断上升是一个重大问题,进一步刺激了对远端监测设备的需求。这些因素预计将推动穿戴式医疗设备市场的发展。

慢性病盛行率的增加和死亡率的上升是个人和政府组织都非常关心的问题。因此,医疗保健提供者更加重视个人化护理,包括持续的患者监测。穿戴式医疗设备提供 24/7 监控功能,因为许多设备可以全天候佩戴。因此,穿戴式装置的需求预计将在预测期内激增。

此外,技术进步和智慧型手机连接等有吸引力的产品功能正在推动医疗穿戴式装置的采用。这些设备的开发是为了解决各种健康问题,包括疼痛管理、心律不整、气喘和慢性阻塞性肺病。例如,患有可能危及生命的心臟疾病的人可以使用穿戴式心电图 (ECG) 设备来监测心率并检测心律不整。这些设备可以记录呼吸急促、胸痛和其他相关症状等事件。记录后,该设备会测量皮肤温度、血氧水平和心率等重要参数。另一个例子包括用于疼痛管理的可穿戴设备,通常在医疗行业中用于施用止痛药或提供经皮神经电刺激。

主要市场挑战

发展中国家缺乏认识

欠发达或发展中地区民众缺乏了解可能是未来几年全球穿戴式医疗设备市场的重大问题。在这些地区,获得教育和医疗保健资源的机会可能有限,穿戴式医疗设备的采用和接受可能会面临障碍。此外,智慧型手机和其他先进技术的可用性和承受能力有限,进一步增加了扩大这些地区穿戴式医疗设备市场的挑战。克服这些障碍需要创新的解决方案和合作,以确保穿戴式医疗设备的好处惠及所有人,无论其地理位置或社会经济地位如何。

无法报销

报销设施的缺乏,加上医疗诊断和治疗成本的不断上升,对医疗保健服务的采用产生了重大影响。它阻碍了疾病的早期发现和及时干预,从而阻碍了医疗保健支出的减少。用于活动追踪、日常监测和生命参数资料收集的可穿戴医疗设备,例如健身追踪器、智慧手錶、腕带和头戴设备,目前无法获得报销。因此,这些设备主要可供可支配收入较高的个人使用,从而限制了其整体成长潜力。

某些产品,例如胰岛素帮浦等感测器/晶片,被嵌入患者体内并以固定的时间间隔施用药物剂量以管理慢性病。这些产品有资格获得美国和欧洲机构的报销。然而,获得报销需要大量的文件和科学资料的支持。

主要市场趋势

人工智慧领域的技术进步

医疗保健产业资料量和复杂性的快速成长激发了广泛的研究和探索,以开发专为穿戴式医疗设备量身定制的可行的人工智慧解决方案。这些前沿的进步旨在透过利用人工智慧的力量来增强远端监控和患者护理,从而彻底改变医疗保健。随着行动平台的日益普及以及人们对在家中舒适的远端监控的日益青睐,对人工智慧驱动的可穿戴医疗设备的需求正在激增。这种需求的激增,加上人工智慧领域的不断技术进步,为整个预测期内穿戴式医疗设备市场的指数增长提供了利润丰厚的机会。随着产业不断发展和创新,这些智慧型设备有望改变医疗保健服务、改善患者治疗效果并彻底改变我们的医疗方式。

产品创新

这些技术在医疗设备中的引入和整合显着提高了其生命识别和健康监测的效率。这些创新进步为主动健康管理、早期疾病诊断和预防带来了巨大希望,最终改善患者的治疗结果。因此,在预测期内,不断增长的产品创新浪潮为穿戴式医疗设备市场的市场参与者提供了利润丰厚的机会。此外,越来越多的医院现在采用数位手术器械监控系统,例如基于RFID的解决方案,以优化手术工具的控制和管理。透过加快手术过程并确保适当设备的可用性,这些技术有可能提高病患安全和医院运作效率。

细分市场洞察

类型洞察

根据类型,市场分为诊断设备和治疗设备。诊断设备细分市场主导市场,并在 2022 年占据最大收入份额。在诊断设备中,神经监测细分市场同年规模最大。神经系统疾病的日益普及是推动该细分市场成长的关键因素。

由于治疗设备的涌入不断增加,预计治疗设备领域在整个预测期内将经历最快的复合年增长率。此外,包括智慧气喘管理产品、穿戴式止痛设备和胰岛素管理设备在内的强大治疗设备管道预计将支持市场成长。

网站洞察

根据站点细分,市场分为錶带/夹子/手炼、手持设备、头带、鞋子感应器等。錶带/夹子/手环细分市场已成为穿戴式医疗设备市场的主导力量,在 2022 年占据最大的收入份额,并预计在整个预测期内保持其主导地位。智慧手錶等先进产品能够监测各种参数,包括行动性、呼吸频率和脉搏率,利用蓝牙和云端连接来推动细分市场的成长。

腕戴式产品的重大进展(例如 2014 年 3 月推出的 Vital Connect 健康贴片)彻底改变了心率、皮肤温度和步数等多个参数的监测。此外,三星和苹果等行业巨头推出了与可穿戴医疗仪器无缝整合的行动应用程序,以实现资料记录和数位显示。这些用户友好的应用程式引起了人们对日常健康监测的关注和兴趣,从而推动了市场的成长。

区域洞察

由于该地区糖尿病、心血管疾病和癌症盛行率不断上升,北美在 2022 年占据了市场主导地位。完善的医疗基础设施的存在以及对慢性病进行常规和持续监测的需求进一步促进了市场的成长。由于癌症、糖尿病和心血管疾病患病率上升以及现代医疗设施的可用性的推动,可穿戴医疗设备市场预计将在整个预测期内扩大。

相较之下,在政府有利措施、老年人口不断增长和医疗保健支出增加的支持下,亚太地区经历了指数级增长。该地区也为建筑和医疗保健方面的基础设施发展提供了重大机会,旨在加强医学研究和服务。在有利的政府活动、老年人口增加和医疗保健支出增加的推动下,亚太地区的可穿戴医疗设备市场正在扩张。

目录

第 1 章:产品概述

  • 市场定义
  • 市场范围
    • 涵盖的市场
    • 考虑学习的年份
    • 主要市场区隔

第 2 章:研究方法

  • 研究目的
  • 基线方法
  • 主要产业伙伴
  • 主要协会和二手资料来源
  • 预测方法
  • 数据三角测量与验证
  • 假设和限制

第 3 章:执行摘要

  • 市场概况
  • 主要市场细分概述
  • 主要市场参与者概述
  • 重点地区/国家概况
  • 市场驱动因素、挑战、趋势概述

第 4 章:客户之声

第 5 章:全球穿戴式医疗设备市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 按产品类型(活动监视器/追踪器、智慧手錶、贴片、智慧服装)
    • 按类型(诊断设备和治疗设备)
    • 依目的(心率、体力活动、血氧饱和度、血压、助听器、体温、姿势、其他)
    • 按地点(錶带/夹子/手炼、手持式、头带、鞋子感应器、其他)
    • 按应用(一般健康与健身、远距患者监护、家庭医疗保健)
    • 按配销通路(非商店和商店)
    • 按业务领域(B2C 和 B2B)
    • 按地区
    • 按公司划分 (2022)
  • 市场地图

第 6 章:北美穿戴式医疗设备市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依产品类型
    • 按类型
    • 依目的
    • 按站点
    • 按配销通路
    • 按业务板块
    • 按国家/地区
  • 北美:国家分析
    • 美国
    • 加拿大
    • 墨西哥

第 7 章:欧洲穿戴式医疗设备市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依产品类型
    • 按类型
    • 依目的
    • 按站点
    • 按配销通路
    • 按业务板块
    • 按国家/地区
  • 欧洲:国家分析
    • 德国
    • 英国
    • 义大利
    • 法国
    • 西班牙

第 8 章:亚太地区穿戴式医疗设备市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依产品类型
    • 按类型
    • 依目的
    • 按站点
    • 按配销通路
    • 按业务板块
    • 按国家/地区
  • 亚太地区:国家分析
    • 中国
    • 印度
    • 日本
    • 韩国
    • 澳洲

第 9 章:南美洲穿戴医疗设备市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依产品类型
    • 按类型
    • 依目的
    • 按站点
    • 按配销通路
    • 按业务板块
    • 按国家/地区
  • 南美洲:国家分析
    • 巴西
    • 阿根廷
    • 哥伦比亚

第 10 章:中东和非洲穿戴式医疗设备市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依产品类型
    • 按类型
    • 依目的
    • 按站点
    • 按配销通路
    • 按业务板块
    • 按国家/地区
  • MEA:国家分析
    • 南非穿戴式医疗设备
    • 沙乌地阿拉伯穿戴医疗设备
    • 阿联酋可穿戴医疗设备

第 11 章:市场动态

  • 司机
  • 挑战

第 12 章:市场趋势与发展

  • 近期发展
  • 併购
  • 产品发布

第 13 章:全球穿戴式医疗设备市场:SWOT 分析

第 14 章:波特的五力分析

  • 产业竞争
  • 新进入者的潜力
  • 供应商的力量
  • 客户的力量
  • 替代产品的威胁

第15章:竞争格局

  • 商业概览
  • 服务内容
  • 最近的发展
  • 主要人员
  • SWOT分析
    • Medtronic plc
    • Siemens AG
    • Bayer AG
    • Omron Corporation
    • Withings SAS
    • Fitbit Inc.
    • Intelesens Ltd
    • BioBeat Medical Ltd
    • Koninklinje Philips NV
    • Samsung Electronics Co. Ltd

第 16 章:策略建议

第 17 章:关于我们与免责声明

简介目录
Product Code: 4857

The Global Wearable Medical Devices Market has achieved a valuation of USD 24.64 Billion in 2022 and is poised for remarkable growth, with an anticipated Compound Annual Growth Rate (CAGR) of 15.63% through 2028. Wearable medical devices encompass a diverse array of healthcare technologies that individuals can comfortably wear to monitor and track various aspects of their health. These devices are designed for non-invasive and user-friendly use, incorporating sensors, connectivity features, and data analysis capabilities to collect and analyze pertinent health information. They offer real-time monitoring and feedback, empowering individuals, caregivers, and healthcare professionals to make informed decisions regarding health and well-being. Common categories of wearable devices encompass fitness trackers, smartwatches, heart rate monitors, glucose monitors, and blood pressure monitors.

Wearable devices not only transmit health data but also provide mental health care by monitoring cognition and mood in real-time, facilitating personalized interventions. The growing popularity of wearable devices can be attributed to these and other similar applications. Wearable medical devices serve as practical and convenient technological tools, further enhanced by internet connectivity for seamless data transmission. These devices are endorsed by various healthcare organizations for the management of chronic diseases, which have been on the rise, contributing to increased mortality rates. Healthcare professionals can remotely and continuously monitor patients, delivering personalized care.

The primary advantage of wearable medical devices lies in their integration of smart sensors, enabling the measurement and monitoring of crucial physiological parameters such as heart rate, blood pressure, and body temperature. Among various medical Internet of Things (IoT) devices like hearables or ingestibles, wearable medical technology has emerged as the most popular choice.

Market Overview
Forecast Period2024-2028
Market Size 2022USD 24.64 Billion
Market Size 2028USD 59.34 Billion
CAGR 2023-202815.63%
Fastest Growing SegmentDiagnostic Devices
Largest MarketNorth America

Key Market Drivers

Increasing Prevalence of Chronic Diseases

Chronic diseases, also referred to as non-communicable diseases, are disorders or conditions that are typically not caused by infections but rather by unhealthy habits or behaviors. They can lead to long-term health issues, necessitating extensive treatment. Examples of diseases falling under this category include cardiovascular diseases, diabetes, chronic lung ailments, and various forms of cancer. According to the World Health Organization (WHO), chronic diseases account for nearly 74% of global deaths, with risk factors such as tobacco use, unhealthy diets, physical inactivity, and excessive alcohol consumption contributing to their growth.

Wearable medical devices offer significant benefits to patients with chronic diseases by facilitating diagnosis, monitoring, and disease intensity control. These devices collect substantial amounts of data over time, enabling individuals and healthcare professionals to analyze trends and patterns. This valuable information provides insights into treatment effectiveness, triggers for symptom exacerbation, and the impact of lifestyle modifications. By comprehending these patterns, individuals can make well-informed decisions regarding their health management strategies. There has been a recent push by consumer wearable device companies to develop devices for comprehensive health monitoring. For example, Apple, Inc. (U.S.) has developed the Apple Watch Series 8, equipped with sensors that can detect abnormal heart rhythms and identify Atrial Fibrillation (AFib). With a 99.6% accuracy in sinus rhythm classification and precise identification of AFib, this watch has received clearance from the U.S. FDA.

Other watches and smart devices are also available to monitor patient vitals and track their health remotely, offering time and cost savings. Continuous glucose monitoring patches, blood pressure monitoring devices, and smart clothing are among the various wearable medical devices available. These factors, combined with healthcare providers' promotion of wearable medical devices, are expected to drive their increased usage and contribute to market growth.

Increasing Use of Remote Patient Monitoring and Telehealth Services

Telehealth encompasses healthcare services provided remotely or from locations outside of hospitals, utilizing telecommunication technologies. Remote patient monitoring, a component of telehealth, employs technologies to interact with patients from a distance. These services and technologies have experienced increased utilization since the onset of the COVID-19 pandemic. Given the considerable number of patients with chronic diseases, the adoption of wearable medical devices is expected to rise even further. Wearable medical devices facilitate remote monitoring of individuals with chronic conditions, enabling healthcare providers to access real-time patient data. This facilitates early detection of health issues, timely interventions, and remote consultations. Such capabilities are particularly valuable for individuals with limited mobility or those requiring frequent monitoring, as it minimizes the need for unnecessary hospital visits.

GluCare.Health (UAE), a diabetes center and digital therapeutics company, leverages continuous glucose monitoring systems like Fitbit and connected weighing scales to measure and collect patient data. They have appointed healthcare professionals to remotely connect with patients as needed. Additionally, a dedicated care team monitors patients' health data, including glucose levels, heart rate, and sleep patterns, while managing their medications.

Increasing Demand for Health Data Tracking

There has been a growing interest among individuals in recording and tracking information regarding their health habits. The personal informatics movement gained popularity with the introduction of mobile applications that facilitated the tracking of daily activities such as distance covered and calorie intake. This practice is also referred to as data journaling, life tracking, or health quantification. As more companies develop wearable devices equipped with accelerometers and sensors to automatically capture data, users are relieved of the burden of manually inputting information. Additionally, wearable devices that monitor blood oxygen levels, respiration rate, heart rate, heat flux, galvanic skin response, and skin temperature are being introduced by various companies. Consequently, the interest in health data tracking has surged.

Consumers now have the means to manage their health using wearable devices, smartphone applications, and other connected devices. However, achieving goals related to sleep improvement, calorie counting, weight loss, and fitness is not an easy task. Nevertheless, such convenient and immediate access to health information is reshaping consumer attitudes and expectations in the field of healthcare.

The focus is now on developing products that enable the automatic tracking of physiological signals, which can be realized through advancements in sensor technology. Nanoscale stress sensors, implantable sensing chips, optical biosensors, electronic biosensors, and other technologies are currently being developed to enable the seamless capture of various physiological functions. Ultimately, data capture will extend to devices and sensors embedded within our environment, rendering wearable devices obsolete. For instance, high-speed video can be used to visualize blood flow in a person's face, which can then be translated into pulse rate. In the short term, wearable devices will be designed in forms that resemble jewelry or adhesive patches, incorporating flexible electronics. The tracking of individual health data will be further enhanced by intelligent advisory and coaching software that can be customized to interpret data, provide alerts, and offer explanations and suggestions. These systems and devices will prove instrumental in optimizing athletic and physical performance. For instance, electronic biosensors can detect the level of lactic acid in sweat, enabling athletes to improve their training and enhance anaerobic metabolism efficiency.

Rising Demand for Round-The-Clock Monitoring

Due to sedentary lifestyles, the prevalence of diseases such as hypertension and diabetes is projected to rise in the forecast period. These diseases necessitate continuous monitoring of physiological parameters like blood pressure and blood sugar levels. This underscores the need for integrating healthcare data with portable devices, enabling real-time access for physicians, reducing errors, and driving industry demand. Additionally, the escalating mortality rates associated with the growing incidence of noncommunicable diseases are a significant concern, further fueling the demand for remote monitoring devices. These factors are expected to drive the market for wearable medical devices.

The increasing prevalence of chronic diseases and rising mortality rates are significant concerns for individuals and government organizations alike. Consequently, healthcare providers are placing greater emphasis on personalized care, including continuous patient monitoring. Wearable medical devices offer 24/7 monitoring capabilities, as many can be worn around the clock. As a result, the demand for wearable devices is expected to surge in the forecast period.

Moreover, technological advancements and appealing product features such as smartphone connectivity are driving the adoption of medical wearables. These devices are being developed to address various health issues, including pain management, heart arrhythmia, asthma, and COPD. For instance, individuals with potentially life-threatening heart conditions can use wearable electrocardiograph (ECG) devices to monitor heart rate and detect arrhythmias. These devices can record events such as shortness of breath, chest pains, and other concerning symptoms. Once recorded, the device measures vital parameters such as skin temperature, blood oxygen level, and heart rate. Another example includes wearable devices for pain management, often utilized in the medical industry to administer pain medication or provide transcutaneous electrical nerve stimulation.

Key Market Challenges

Lack of Awareness in Developing Countries

The lack of understanding among the populace in underdeveloped or developing regions could be a significant concern for the global wearable medical devices market in the coming years. In these locations, where access to education and healthcare resources may be limited, the adoption and acceptance of wearable medical devices may face obstacles. Moreover, the limited availability and affordability of smart phones and other advanced technologies further add to the challenges in expanding the wearable medical devices market in these regions. Overcoming these barriers will require innovative solutions and collaborations to ensure that the benefits of wearable medical devices reach all individuals, irrespective of their geographical location or socioeconomic status.

Non-Availability of Reimbursement

The lack of reimbursement facilities, combined with the rising cost of medical diagnosis and therapies, has a significant impact on the adoption of healthcare services. It hinders the reduction of healthcare expenditure by impeding the early detection of diseases and timely intervention. Wearable medical devices, such as fitness trackers, smartwatches, wristbands, and headgear, which are utilized for activity tracking, routine monitoring, and vital parameter data collection, currently do not receive reimbursement. Consequently, these devices are primarily accessible to individuals with higher disposable income, thereby limiting their overall growth potential.

Certain products, such as sensors/chips like insulin pumps, are embedded into a patient's body and administer drug dosages at fixed intervals for the management of chronic conditions. These products are eligible for reimbursement by agencies in the U.S. and Europe. However, obtaining reimbursement requires extensive documentation and the support of scientific data.

Key Market Trends

Technological Advancements in The Field Of Artificial Intelligence

The rapid growth in the volume and complexity of data within the healthcare industry has spurred extensive research and exploration into developing feasible artificial intelligence solutions specifically tailored for wearable medical devices. These cutting-edge advancements aim to revolutionize healthcare by harnessing the power of AI to enhance remote monitoring and patient care. With the increasing popularity of mobile platforms and a growing preference for remote monitoring in the comfort of one's home, the demand for AI-powered wearable medical devices is skyrocketing. This surge in demand, coupled with the continuous technological advancements in the field of artificial intelligence, presents lucrative opportunities for the exponential growth of the wearable medical devices market throughout the forecast period. As the industry continues to evolve and innovate, these intelligent devices are poised to transform healthcare delivery, improving patient outcomes and revolutionizing the way we approach medical treatments.

Product innovations

The introduction and integration of these technologies in medical devices have significantly enhanced their efficiency in vital identification and health monitoring. These innovative advancements hold great promise in proactive health management, early disease diagnosis, and prevention, ultimately leading to improved patient outcomes. As a result, the growing wave of product innovations presents lucrative opportunities for market players in the wearable medical devices market during the forecast period. Furthermore, an increasing number of hospitals are now adopting digital surgical instrument monitoring systems, such as RFID-based solutions, to optimize the control and management of surgical tools. By expediting surgical procedures and ensuring the availability of appropriate equipment, these technologies have the potential to enhance both patient safety and hospital operational efficiency.

Segmental Insights

Type Insights

Based on the type, the market is segmented into diagnostic devices and therapeutic devices. The diagnostic devices segment dominated the market and accounted for the largest share of revenue in 2022. Among diagnostic devices, the neuromonitoring segment was the largest in the same year. The growing prevalence of neurological disorders is a key factor driving the growth of this segment.

The therapeutic device segment is expected to experience the fastest CAGR throughout the forecast period due to the increasing influx of therapeutic devices. Additionally, a robust pipeline of therapeutic devices, including intelligent asthma management products, wearable pain reliever devices, and insulin management devices, is expected to support market growth.

Site Insights

Based on the site segment, the market is segmented into strap/clip/bracelet, handheld, headband, shoe sensors, and others. The strap/clip/bracelet segment has emerged as the dominant force in the wearable medical devices market, securing the largest revenue share in 2022 and projected to maintain its dominance throughout the forecast period. Advanced products like smartwatches offer the ability to monitor various parameters including mobility, respiratory rate, and pulse rate, leveraging Bluetooth and cloud connectivity to drive segment growth.

Significant advancements in wrist-worn products, exemplified by Vital Connect's Health patch introduced in March 2014, have revolutionized the monitoring of multiple parameters such as heart rate, skin temperature, and step count. Moreover, industry giants like Samsung and Apple have introduced mobile apps that seamlessly integrate with wearable medical instruments, enabling data recording and digital display. These user-friendly apps have garnered attention and interest in routine health monitoring, consequently fueling market growth.

Regional Insights

North America dominated the market in 2022 due to the increasing prevalence of diabetes, cardiovascular disorders, and cancer in the region. The presence of a well-established healthcare infrastructure and the need for routine and continuous monitoring of chronic diseases further contribute to the market growth. The wearable medical devices market is expected to expand throughout the forecast period, driven by the rising prevalence of cancer, diabetes, and cardiovascular diseases, as well as the availability of modern healthcare facilities.

In contrast, the Asia Pacific region experiences exponential growth, supported by favorable government initiatives, a growing elderly population, and increased healthcare expenditure. The region also presents significant opportunities for infrastructure development in construction and healthcare, aiming to enhance medical research and services. The wearable medical devices market is witnessing expansion in the Asia-Pacific region, driven by favorable government activities, an increasing senior population, and rising healthcare expenditures.

Key Market Players

  • Medtronic plc
  • Siemens AG
  • Bayer AG
  • Omron Corporation
  • Withings SAS
  • Fitbit Inc.
  • Intelesens Ltd
  • BioBeat Medical Ltd
  • Koninklinje Philips NV
  • Samsung Electronics Co. Ltd

Report Scope:

In this report, the Global Wearable Medical Devices Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Wearable Medical Devices Market, By Product Type:

  • Activity Monitors/Trackers
  • Smartwatches
  • Patches
  • Smart Clothing

Wearable Medical Devices Market, By Type:

  • Diagnostic Devices
  • Therapeutic Devices

Wearable Medical Devices Market, By Purpose:

  • Heart rate
  • Physical Activities
  • Blood oxygen saturation
  • Blood Pressure
  • Hearing Aids
  • Body Temperature
  • Posture
  • Others

Wearable Medical Devices Market, By Site:

  • Strap/Clip/Bracelet
  • Handheld
  • Headband
  • Shoe Sensors
  • Others

Wearable Medical Devices Market, By Application:

  • General Health & Fitness
  • Remote Patient Monitoring
  • Home Healthcare

Wearable Medical Devices Market, By Distribution Channel:

  • Non-Store-Based
  • Store-Based

Wearable Medical Devices Market, By Business Segment:

  • B2C
  • B2B

Wearable Medical Devices Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Turkey
  • Egypt

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the Global Wearable Medical Devices Market.

Available Customizations:

  • Global Wearable Medical Devices market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

  • 1.1. Market Definition
  • 1.2. Scope of the Market
    • 1.2.1. Markets Covered
    • 1.2.2. Years Considered for Study
    • 1.2.3. Key Market Segmentations

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validations
  • 2.7. Assumptions and Limitations

3. Executive Summary

  • 3.1. Overview of the Market
  • 3.2. Overview of Key Market Segmentations
  • 3.3. Overview of Key Market Players
  • 3.4. Overview of Key Regions/Countries
  • 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Wearable Medical Devices Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share & Forecast
    • 5.2.1. By Product Type (Activity Monitors/Trackers, Smartwatches, Patches, Smart Clothing)
    • 5.2.2. By Type (Diagnostic Devices and Therapeutic Devices)
    • 5.2.3. By Purpose (Heart rate, Physical Activities, Blood oxygen saturation, Blood Pressure, Hearing Aids, Body Temperature, Posture, Others)
    • 5.2.4. By Site (Strap/Clip/Bracelet, Handheld, Headband, Shoe Sensors, Others)
    • 5.2.5. By Application (General Health & Fitness, Remote Patient Monitoring, Home Healthcare)
    • 5.2.6. By Distribution Channel (Non-Store-Based and Store-Based)
    • 5.2.7. By Business Segment (B2C and B2B)
    • 5.2.8. By Region
    • 5.2.9. By Company (2022)
  • 5.3. Market Map

6. North America Wearable Medical Devices Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Product Type
    • 6.2.2. By Type
    • 6.2.3. By Purpose
    • 6.2.4. By Site
    • 6.2.5. By Distribution Channel
    • 6.2.6. By Business Segment
    • 6.2.7. By Country
  • 6.3. North America: Country Analysis
    • 6.3.1. United States Wearable Medical Devices Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Product Type
        • 6.3.1.2.2. By Type
        • 6.3.1.2.3. By Purpose
        • 6.3.1.2.4. By Site
        • 6.3.1.2.5. By Distribution Channel
        • 6.3.1.2.6. By Business Segment
    • 6.3.2. Canada Wearable Medical Devices Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Product Type
        • 6.3.2.2.2. By Type
        • 6.3.2.2.3. By Purpose
        • 6.3.2.2.4. By Site
        • 6.3.2.2.5. By Distribution Channel
        • 6.3.2.2.6. By Business Segment
    • 6.3.3. Mexico Wearable Medical Devices Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Product Type
        • 6.3.3.2.2. By Type
        • 6.3.3.2.3. By Purpose
        • 6.3.3.2.4. By Site
        • 6.3.3.2.5. By Distribution Channel
        • 6.3.3.2.6. By Business Segment

7. Europe Wearable Medical Devices Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Product Type
    • 7.2.2. By Type
    • 7.2.3. By Purpose
    • 7.2.4. By Site
    • 7.2.5. By Distribution Channel
    • 7.2.6. By Business Segment
    • 7.2.7. By Country
  • 7.3. Europe: Country Analysis
    • 7.3.1. Germany Wearable Medical Devices Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Product Type
        • 7.3.1.2.2. By Type
        • 7.3.1.2.3. By Purpose
        • 7.3.1.2.4. By Site
        • 7.3.1.2.5. By Distribution Channel
        • 7.3.1.2.6. By Business Segment
    • 7.3.2. United Kingdom Wearable Medical Devices Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Product Type
        • 7.3.2.2.2. By Type
        • 7.3.2.2.3. By Purpose
        • 7.3.2.2.4. By Site
        • 7.3.2.2.5. By Distribution Channel
        • 7.3.2.2.6. By Business Segment
    • 7.3.3. Italy Wearable Medical Devices Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecasty
        • 7.3.3.2.1. By Product Type
        • 7.3.3.2.2. By Type
        • 7.3.3.2.3. By Purpose
        • 7.3.3.2.4. By Site
        • 7.3.3.2.5. By Distribution Channel
        • 7.3.3.2.6. By Business Segment
    • 7.3.4. France Wearable Medical Devices Market Outlook
      • 7.3.4.1. Market Size & Forecast
        • 7.3.4.1.1. By Value
      • 7.3.4.2. Market Share & Forecast
        • 7.3.4.2.1. By Product Type
        • 7.3.4.2.2. By Type
        • 7.3.4.2.3. By Purpose
        • 7.3.4.2.4. By Site
        • 7.3.4.2.5. By Distribution Channel
        • 7.3.4.2.6. By Business Segment
    • 7.3.5. Spain Wearable Medical Devices Market Outlook
      • 7.3.5.1. Market Size & Forecast
        • 7.3.5.1.1. By Value
      • 7.3.5.2. Market Share & Forecast
        • 7.3.5.2.1. By Product Type
        • 7.3.5.2.2. By Type
        • 7.3.5.2.3. By Purpose
        • 7.3.5.2.4. By Site
        • 7.3.5.2.5. By Distribution Channel
        • 7.3.5.2.6. By Business Segment

8. Asia-Pacific Wearable Medical Devices Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Product Type
    • 8.2.2. By Type
    • 8.2.3. By Purpose
    • 8.2.4. By Site
    • 8.2.5. By Distribution Channel
    • 8.2.6. By Business Segment
    • 8.2.7. By Country
  • 8.3. Asia-Pacific: Country Analysis
    • 8.3.1. China Wearable Medical Devices Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Product Type
        • 8.3.1.2.2. By Type
        • 8.3.1.2.3. By Purpose
        • 8.3.1.2.4. By Site
        • 8.3.1.2.5. By Distribution Channel
        • 8.3.1.2.6. By Business Segment
    • 8.3.2. India Wearable Medical Devices Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Product Type
        • 8.3.2.2.2. By Type
        • 8.3.2.2.3. By Purpose
        • 8.3.2.2.4. By Site
        • 8.3.2.2.5. By Distribution Channel
        • 8.3.2.2.6. By Business Segment
    • 8.3.3. Japan Wearable Medical Devices Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Product Type
        • 8.3.3.2.2. By Type
        • 8.3.3.2.3. By Purpose
        • 8.3.3.2.4. By Site
        • 8.3.3.2.5. By Distribution Channel
        • 8.3.3.2.6. By Business Segment
    • 8.3.4. South Korea Wearable Medical Devices Market Outlook
      • 8.3.4.1. Market Size & Forecast
        • 8.3.4.1.1. By Value
      • 8.3.4.2. Market Share & Forecast
        • 8.3.4.2.1. By Product Type
        • 8.3.4.2.2. By Type
        • 8.3.4.2.3. By Purpose
        • 8.3.4.2.4. By Site
        • 8.3.4.2.5. By Distribution Channel
        • 8.3.4.2.6. By Business Segment
    • 8.3.5. Australia Wearable Medical Devices Market Outlook
      • 8.3.5.1. Market Size & Forecast
        • 8.3.5.1.1. By Value
      • 8.3.5.2. Market Share & Forecast
        • 8.3.5.2.1. By Product Type
        • 8.3.5.2.2. By Type
        • 8.3.5.2.3. By Purpose
        • 8.3.5.2.4. By Site
        • 8.3.5.2.5. By Distribution Channel
        • 8.3.5.2.6. By Business Segment

9. South America Wearable Medical Devices Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Product Type
    • 9.2.2. By Type
    • 9.2.3. By Purpose
    • 9.2.4. By Site
    • 9.2.5. By Distribution Channel
    • 9.2.6. By Business Segment
    • 9.2.7. By Country
  • 9.3. South America: Country Analysis
    • 9.3.1. Brazil Wearable Medical Devices Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Product Type
        • 9.3.1.2.2. By Type
        • 9.3.1.2.3. By Purpose
        • 9.3.1.2.4. By Site
        • 9.3.1.2.5. By Distribution Channel
        • 9.3.1.2.6. By Business Segment
    • 9.3.2. Argentina Wearable Medical Devices Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Product Type
        • 9.3.2.2.2. By Type
        • 9.3.2.2.3. By Purpose
        • 9.3.2.2.4. By Site
        • 9.3.2.2.5. By Distribution Channel
        • 9.3.2.2.6. By Business Segment
    • 9.3.3. Colombia Wearable Medical Devices Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Product Type
        • 9.3.3.2.2. By Type
        • 9.3.3.2.3. By Purpose
        • 9.3.3.2.4. By Site
        • 9.3.3.2.5. By Distribution Channel
        • 9.3.3.2.6. By Business Segment

10. Middle East and Africa Wearable Medical Devices Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Product Type
    • 10.2.2. By Type
    • 10.2.3. By Purpose
    • 10.2.4. By Site
    • 10.2.5. By Distribution Channel
    • 10.2.6. By Business Segment
    • 10.2.7. By Country
  • 10.3. MEA: Country Analysis
    • 10.3.1. South Africa Wearable Medical Devices Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Product Type
        • 10.3.1.2.2. By Type
        • 10.3.1.2.3. By Purpose
        • 10.3.1.2.4. By Site
        • 10.3.1.2.5. By Distribution Channel
        • 10.3.1.2.6. By Business Segment
    • 10.3.2. Saudi Arabia Wearable Medical Devices Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Product Type
        • 10.3.2.2.2. By Type
        • 10.3.2.2.3. By Purpose
        • 10.3.2.2.4. By Site
        • 10.3.2.2.5. By Distribution Channel
        • 10.3.2.2.6. By Business Segment
    • 10.3.3. UAE Wearable Medical Devices Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Product Type
        • 10.3.3.2.2. By Type
        • 10.3.3.2.3. By Purpose
        • 10.3.3.2.4. By Site
        • 10.3.3.2.5. By Distribution Channel
        • 10.3.3.2.6. By Business Segment

11. Market Dynamics

  • 11.1. Drivers
  • 11.2. Challenges

12. Market Trends & Developments

  • 12.1. Recent Development
  • 12.2. Mergers & Acquisitions
  • 12.3. Product Launches

13. Global Wearable Medical Devices Market: SWOT Analysis

14. Porter's Five Forces Analysis

  • 14.1. Competition in the Industry
  • 14.2. Potential of New Entrants
  • 14.3. Power of Suppliers
  • 14.4. Power of Customers
  • 14.5. Threat of Substitute Products

15. Competitive Landscape

  • 15.1. Business Overview
  • 15.2. Service Offerings
  • 15.3. Recent Developments
  • 15.4. Key Personnel
  • 15.5. SWOT Analysis
    • 15.5.1. Medtronic plc
    • 15.5.2. Siemens AG
    • 15.5.3. Bayer AG
    • 15.5.4. Omron Corporation
    • 15.5.5. Withings SAS
    • 15.5.6. Fitbit Inc.
    • 15.5.7. Intelesens Ltd
    • 15.5.8. BioBeat Medical Ltd
    • 15.5.9. Koninklinje Philips NV
    • 15.5.10. Samsung Electronics Co. Ltd

16. Strategic Recommendations

17. About Us & Disclaimer