The global Medical Wearable Market is forecasted to be worth USD 34.89 Billion by 2027, according to a current analysis by Emergen Research. An increase in the infiltration of smartphones, along with a rise in the number of smartphone-based healthcare applications, is driving the market for the medical wearables market. Moreover, the preference of healthcare providers for wireless connectivity and surge in the incidence of diseases, such as diabetes, chronic pain, obesity, hypertension, chronic obstructive pulmonary disease, and cardiac disorders, will boost the market growth.

Significant driving forces shaping the future of the Medical Wearable market for the forecast period 2020 – 2027 find a special mention in the study and are backed by a real-time statistics. Thorough segmentation of the industry by type, application, classification, and geography works as an impetus towards increasing the sale figures and boosting business prospects alongside the hindrances that often restrict the industry’s growth. In addition, bifurcation of the market on the basis of consumption volume, customer preference, end-user, and production capacity is explained through important resources including but not limited to charts, graphic images, and tables.

The market for the Asia Pacific is presumed to expand at a high CAGR throughout the forecast timeframe. The regional growth can be accredited to India, Japan, and China owing to factors such as the growing advancements by prominent players in these countries and increased support from the government.

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Key questions answered in the report

What will be the market size in terms of value and volume in the next five years?

Which segment is currently leading the market?

In which region will the market find its highest growth?

Which players will take the lead in the market?

What are the key drivers and restraints of the market’s growth?

Report Objectives

Examine the size of the global Medical Wearable market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Medical Wearable market.

Explore the underlying dynamics of the global Medical Wearable market.

Highlight significant trends of the global Medical Wearable market based on factors including, production, revenue, and sales.

Extensively profile top players of the global Medical Wearable market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global Medical Wearable market.

Forecast the market size and share of all segments and regions in the global landscape.

Key Highlights From The Report

The wristband and activity monitor segment held the largest share in the product segment. The medical alert wristbands and bracelets offer a much-needed safety blanket to people with allergies and other various conditions. It helps to make aware of ailments leading to more effective and faster emergency treatment.

A pulse oximeter is a lightweight, small device used to monitor the amount of oxygen carried in the body. This tool is attached painlessly to a patient’s fingertip to measure their pulse rate and amount of oxygen in the system.

Hospitals held the largest share in the medical wearable market. This is due to the increasing investment in the healthcare system and the growing prevalence of chronic and infectious diseases.

Key participants include Koninklijke Philips N.V., Medtronic Plc, Omron Healthcare Co., Ltd., Biotelemetry, Inc., Apple, Inc., GE Healthcare, Abbott Laboratories, Dexcom, Inc., Irhythm Technologies, Inc., and Masimo Corporation, among others.

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Product Outlook (Revenue, USD Billion; 2017-2027)


Wristband and Activity Monitors


Others (Clothing, glasses, others)

Device Type Outlook (Revenue, USD Billion; 2017-2027)

Vital Signs Monitoring Devices

ECG /Holter Heart Rate Monitors

Pulse Oximeters

Blood Pressure Monitors

Multiparameter Trackers

Glucose Monitoring Devices

Sleep Apnea Monitors

Fetal Monitoring Devices

Neurological Monitoring Devices

End-User Outlook (Revenue, USD Billion; 2017-2027)

Hospitals & Clinics

Nursing Homes, Assisted Living Facilities, Long-term Care Centers

Home Care Settings

Ambulatory Care Centers

Regional Outlook (Revenue, USD Billion; 2021–2028)

North America


Asia Pacific

Latin America

Middle East & Africa

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Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2028

Chapter 3. Key Insights

Chapter 4. Medical Wearable Market Segmentation & Impact Analysis

Chapter 5. Medical Wearable Market By Application Insights & Trends, Revenue (USD Billion)

Chapter 6. Medical Wearable Market By Industries Insights & Trends Revenue (USD Billion)

Chapter 7. Medical Wearable Market By Type Insights & Trends Revenue (USD Billion)

Chapter 8. Medical Wearable Market Regional Outlook


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