Wearable Medical Devices Market by Diagnostic Wearable Devices (Electro Cardiographs, Sleep Monitoring devices, Heart Rate Monitors, Blood Pressure Monitors, Activity Monitors and Electro Encephalographs) by Therapeutic Wearable Devices (Pain Management Devices, Glucose/Insulin Monitoring Devices and Respiratory Therapy Devices) by Application (Sports and Fitness, Home Healthcare and Patient Monitoring), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)

Wearable Medical Devices Market by Diagnostic Wearable Devices (Electro Cardiographs, Sleep Monitoring devices, Heart Rate Monitors, Blood Pressure Monitors, Activity Monitors and Electro Encephalographs) by Therapeutic Wearable Devices (Pain Management Devices, Glucose/Insulin Monitoring Devices and Respiratory Therapy Devices) by Application (Sports and Fitness, Home Healthcare and Patient Monitoring), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)

ID: 66 | Pages: 179 | December 2016 | Region: Global


The Global Wearable Medical Devices Market was worth $4.57 billion in 2015 and estimated to be growing at a CAGR of 19.58%, to reach $11.18 billion by 2020. The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid increase in adoption of these devices among patients and launch of technologically advanced, user friendly devices into the market. Lately, Google is working on a wrist-worn medical device which would have sensors to produce an ECG assessing the patterns and strength of the person’s heartbeat. Moreover, it checks the skin and pulse temperature also.

Wearable medical devices feature wireless data transmission, real time feedback, alerting mechanism and have easy and timely sensing abilities. The data generated by wearable medical devices is further analysed and is used by customers for a better health management. Wearable medical devices are of several types like to detect glucose, diabetes, blood sugar, heart diseases, blood pressure ingestion, pain relief, brain activity, hydration, temperature, sleep etc.

Enormous number of ongoing developments and innovations in the healthcare and electronics sector, rising spending capabilities and the ease of use of medical devices the rising incidences of chronic diseases amongst all demographics, all these factors have led to the increased adoption of the technology in turn increasing the growth. Wearable medical devices are facing challenges mainly in allocating cost effective monitoring to patients suffering from chronic disease such as Cancer and other blood diseases. lack of awareness in the developing countries like Brazil, India, Mexico and others is leading to slower adoption of technology. These factors may act as growth hurdles for the wearable technology is certain regions.  Further, the privacy concerns concerning transmitting sensitive patient information and the need for miniaturized devices with long battery life are few challenges faced by the industry in current scenario.

The Global market for Wearable medical devices is broadly categorized into Diagnostic Wearable Device Market (Electro Cardiographs, Sleep Monitoring devices, Heart Rate Monitors, Blood Pressure Monitors, Activity Monitors and Electro Encephalographs) and Therapeutic Wearable Device Market (Wearable Pain Management Devices, Glucose/Insulin Monitoring Devices, Wearable Respiratory Therapy Devices). Based on Application, the market is further segmented into Sports and Fitness, Home Healthcare and Patient Monitoring. The remote patient monitoring market accounted for the highest revenue in 2015 while the sports and fitness market is expected to grow at the fastest rate. On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The wearable medical devices market was dominated by North America, with the overall market share of over 40% globally. North America was followed by Europe and Asia-Pacific. Asia Pacific is predicted to grow at a rapid pace in the coming few years.

Some of the major companies dominating the market, by their products and services include Fitbit, Garmin, Jawbone, Polar Electro, Vital connect, Withings SAS, Zephyr Corporation, Basis Science, Omron Corporation, Drager, Lifewatch AG, Sotera Wireless, Abbott Laboratories and Nuubo.

1.Introduction                                                                        

                1.1 Market Definition                                                            

                1.2 Study Deliverables                                                           

                1.3 Base Currency, Base Year and Forecast Periods                                                             

                1.4 General Study Assumptions                                                            

2. Research Methodology                                                                      

                2.1 Introduction                                                     

                2.2 Analysis Design                                                

                2.3 Research Phases                                                              

                                2.3.1 Secondary Research                                     

                                2.3.2 Primary Research                                         

                                2.3.3 Econometric Modelling                                

                                2.3.4 Expert Validation                                          

                2.4 Study Timeline                                                 

3. Overview                                                                            

                3.1 Executive Summary                                                         

                3.2 Key Inferences                                                 

                3.3 New Developments                                                         

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                               

                4.1 Market Drivers                                                 

                4.2 Market Restraints                                                            

                4.3 Key Challenges                                                 

                4.4 Current Opportunities in the Market                                                              

5. Market Segmentation                                                                       

                5.1 By Diagnostic Wearable Devices                                                     

                                5.1.1 Wearable Electro Cardiographs                                    

                                5.1.2 Wearable Sleep Monitoring devices                                            

                                5.1.3 Heart Rate Monitors                                     

                                5.1.4 Blood Pressure Monitors                                              

                                5.1.5 Activity Monitors                                          

                                5.1.6 Electro Encephalographs                                              

                5.2 By Therapeutic Wearable Devices                                                   

                                5.2.1 Pain Management Devices                                           

                                5.2.2 Glucose/Insulin Monitoring Devices                                            

                                5.2.3 Respiratory Therapy Devices                                        

                5.3 By Application                                                  

                                5.3.1 Sports and Fitness                                        

                                5.3.2 Home Healthcare                                         

                                5.3.3 Patient Monitoring                                       

6. Geographical Analysis                                                                       

                6.1 North America                                                 

                                6.1.1 Introduction                                  

                                6.1.2 United States                                

                                6.1.3 Canada                                          

                6.2 Europe                                                             

                                6.2.1 Introduction                                  

                                6.2.2 United Kingdom                                            

                                6.2.3 Germany                                       

                                6.2.4 France                                           

                                6.2.5 Italy                                

                                6.2.6 Spain                                             

                6.3 Asia-Pacific                                                      

                                6.3.1 Introduction                                  

                                6.3.2 China                                             

                                6.3.3 India                                              

                                6.3.4 Japan                                             

                                6.3.5 South Korea                                  

                6.4 Latin America                                                   

                                6.4.1 Introduction                                  

                                6.4.2 Brazil                                             

                                6.4.3 Argentina                                      

                                6.4.4 Mexico                                          

                6.5 Middle-East & Africa                                                       

                                6.5.1 Introduction                                  

                                6.5.2 Middle-East                                  

                                6.5.3 Africa                                            

7.Strategic Analysis                                                               

                7.1 PESTLE analysis                                                

                                7.1.1 Political                                         

                                7.1.2 Economic                                      

                                7.1.3 Social                                            

                                7.1.4 Technological                                

                                7.1.5 Legal                                             

                                7.1.6 Environmental                                              

                7.2 Porter’s Five analysis                                                       

                                7.2.1 Bargaining Power of Suppliers                                     

                                7.2.2 Bargaining Power of Consumers                                  

                                7.2.3 Threat of New Entrants                                

                                7.2.4 Threat of Substitute Products and Services                                 

                                7.2.5 Competitive Rivalry within the Industry                                       

8.Market Leaders' Analysis                                                                   

                8.1 Fitbit                                                

                                8.1.1 Overview                                       

                                8.1.2 Product Analysis                                           

                                8.1.3 Strategic Evaluation and Operations                                            

                                8.1.4 Financial analysis                                          

                                8.1.5 Legal issues                                   

                                8.1.6 Recent Developments                                  

                                8.1.7 SWOT analysis                                              

                                8.1.8 Analyst View                                 

                8.2 Garmin                                                             

                8.3 Jawbone                                                           

                8.4 Polar Electro                                                    

                8.5 Vital connect                                                    

                8.6 Withings SAS                                                   

                8.7 Zephyr Corporation                                                          

                8.8 Basis Science                                                   

                8.9 Omron Corporation                                                          

                8.10 Drager                                                            

                8.11 Lifewatch AG                                                  

                8.12 Sotera Wireless                                                             

                8.13 Abbott Laboratories                                                      

                8.14 Nuubo                                                            

9.Competitive Landscape                                                                      

                9.1 Market share analysis                                                     

                9.2 Merger and Acquisition Analysis                                                     

                9.3 Agreements, collaborations and Joint Ventures                                                             

                9.4 New Product Launches                                                    

10.Expert Opinions                                                                

                10.1 Market Outlook                                                              

                10.2 Investment Opportunities                                                             

Appendix                                                                

                a) List of Tables                                                      

                b) List of Figures                                                    

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. Global Wearable Medical Devices Market by Region, From 2015-2020 (USD Billion)
  2. Global Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  3. Global Wearable Electro Cardiographs Market by Region, From 2015-2020 (USD Billion)
  4. Global Wearable Sleep Monitoring devices Market by Region, From 2015-2020 (USD Billion)
  5. Global Heart Rate Monitors Market by Region, From 2015-2020 (USD Billion)
  6. Global Blood Pressure Monitors Market by Region, From 2015-2020 (USD Billion)
  7. Global Activity Monitors Market by Region, From 2015-2020 (USD Billion)
  8. Global Electro Encephalographs Market by Region, From 2015-2020 (USD Billion)
  9. Global Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  10. Global Pain Management Devices Market by Region, From 2015-2020 (USD Billion)
  11. Global Glucose/Insulin Monitoring Devices Market by Region, From 2015-2020 (USD Billion)
  12. Global Respiratory Therapy Devices Market by Region, From 2015-2020 (USD Billion)
  13. Global Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  14. Global Sports and Fitness Market by Region, From 2015-2020 (USD Billion)
  15. Global Home Healthcare Market by Region, From 2015-2020 (USD Billion)
  16. Global Patient Monitoring Market by Region, From 2015-2020 (USD Billion)
  17. North America Wearable Medical Devices Market by Region, From 2015-2020 (USD Billion)
  18. North America Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  19. North America Wearable Electro Cardiographs Market by Region, From 2015-2020 (USD Billion)
  20. North America Wearable Sleep Monitoring devices Market by Region, From 2015-2020 (USD Billion)
  21. North America Heart Rate Monitors Market by Region, From 2015-2020 (USD Billion)
  22. North America Blood Pressure Monitors Market by Region, From 2015-2020 (USD Billion)
  23. North America Activity Monitors Market by Region, From 2015-2020 (USD Billion)
  24. North America Electro Encephalographs Market by Region, From 2015-2020 (USD Billion)
  25. North America Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  26. North America Pain Management Devices Market by Region, From 2015-2020 (USD Billion)
  27. North America Glucose/Insulin Monitoring Devices Market by Region, From 2015-2020 (USD Billion)
  28. North America Respiratory Therapy Devices Market by Region, From 2015-2020 (USD Billion)
  29. North America Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  30. North America Sports and Fitness Market by Region, From 2015-2020 (USD Billion)
  31. North America Home Healthcare Market by Region, From 2015-2020 (USD Billion)
  32. North America Patient Monitoring Market by Region, From 2015-2020 (USD Billion)
  33. United States Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  34. United States Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  35. United States Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  36. Canada Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  37. Canada Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  38. Canada Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  39. Europe Wearable Medical Devices Market by Region, From 2015-2020 (USD Billion)
  40. Europe Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  41. Europe Wearable Electro Cardiographs Market by Region, From 2015-2020 (USD Billion)
  42. Europe Wearable Sleep Monitoring devices Market by Region, From 2015-2020 (USD Billion)
  43. Europe Heart Rate Monitors Market by Region, From 2015-2020 (USD Billion)
  44. Europe Blood Pressure Monitors Market by Region, From 2015-2020 (USD Billion)
  45. Europe Activity Monitors Market by Region, From 2015-2020 (USD Billion)
  46. Europe Electro Encephalographs Market by Region, From 2015-2020 (USD Billion)
  47. Europe Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  48. Europe Pain Management Devices Market by Region, From 2015-2020 (USD Billion)
  49. Europe Glucose/Insulin Monitoring Devices Market by Region, From 2015-2020 (USD Billion)
  50. Europe Respiratory Therapy Devices Market by Region, From 2015-2020 (USD Billion)
  51. Europe Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  52. Europe Sports and Fitness Market by Region, From 2015-2020 (USD Billion)
  53. Europe Home Healthcare Market by Region, From 2015-2020 (USD Billion)
  54. Europe Patient Monitoring Market by Region, From 2015-2020 (USD Billion)
  55. U.K. Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  56. U.K. Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  57. U.K. Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  58. Germany Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  59. Germany Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  60. Germany Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  61. France Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  62. France Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  63. France Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  64. Italy Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  65. Italy Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  66. Italy Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  67. Spain Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  68. Spain Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  69. Spain Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  70. Asia-Pacific Wearable Medical Devices Market by Region, From 2015-2020 (USD Billion)
  71. Asia-Pacific Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  72. Asia-Pacific Wearable Electro Cardiographs Market by Region, From 2015-2020 (USD Billion)
  73. Asia-Pacific Wearable Sleep Monitoring devices Market by Region, From 2015-2020 (USD Billion)
  74. Asia-Pacific Heart Rate Monitors Market by Region, From 2015-2020 (USD Billion)
  75. Asia-Pacific Blood Pressure Monitors Market by Region, From 2015-2020 (USD Billion)
  76. Asia-Pacific Activity Monitors Market by Region, From 2015-2020 (USD Billion)
  77. Asia-Pacific Electro Encephalographs Market by Region, From 2015-2020 (USD Billion)
  78. Asia-Pacific Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  79. Asia-Pacific Pain Management Devices Market by Region, From 2015-2020 (USD Billion)
  80. Asia-Pacific Glucose/Insulin Monitoring Devices Market by Region, From 2015-2020 (USD Billion)
  81. Asia-Pacific Respiratory Therapy Devices Market by Region, From 2015-2020 (USD Billion)
  82. Asia-Pacific Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  83. Asia-Pacific Sports and Fitness Market by Region, From 2015-2020 (USD Billion)
  84. Asia-Pacific Home Healthcare Market by Region, From 2015-2020 (USD Billion)
  85. Asia-Pacific Patient Monitoring Market by Region, From 2015-2020 (USD Billion)
  86. China Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  87. China Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  88. China Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  89. India Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  90. India Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  91. India Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  92. Japan Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  93. Japan Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  94. Japan Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  95. South Korea Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  96. South Korea Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  97. South Korea Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  98. Latin America Wearable Medical Devices Market by Region, From 2015-2020 (USD Billion)
  99. Latin America Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  100. Latin America Wearable Electro Cardiographs Market by Region, From 2015-2020 (USD Billion)
  101. Latin America Wearable Sleep Monitoring devices Market by Region, From 2015-2020 (USD Billion)
  102. Latin America Heart Rate Monitors Market by Region, From 2015-2020 (USD Billion)
  103. Latin America Blood Pressure Monitors Market by Region, From 2015-2020 (USD Billion)
  104. Latin America Activity Monitors Market by Region, From 2015-2020 (USD Billion)
  105. Latin America Electro Encephalographs Market by Region, From 2015-2020 (USD Billion)
  106. Latin America Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  107. Latin America Pain Management Devices Market by Region, From 2015-2020 (USD Billion)
  108. Latin America Glucose/Insulin Monitoring Devices Market by Region, From 2015-2020 (USD Billion)
  109. Latin America Respiratory Therapy Devices Market by Region, From 2015-2020 (USD Billion)
  110. Latin America Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  111. Latin America Sports and Fitness Market by Region, From 2015-2020 (USD Billion)
  112. Latin America Home Healthcare Market by Region, From 2015-2020 (USD Billion)
  113. Latin America Patient Monitoring Market by Region, From 2015-2020 (USD Billion)
  114. Brazil Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  115. Brazil Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  116. Brazil Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  117. Argentina Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  118. Argentina Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  119. Argentina Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  120. Mexico Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  121. Mexico Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  122. Mexico Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  123. Middle East & Africa Wearable Medical Devices Market by Region, From 2015-2020 (USD Billion)
  124. Middle East & Africa Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  125. Middle East & Africa Wearable Electro Cardiographs Market by Region, From 2015-2020 (USD Billion)
  126. Middle East & Africa Wearable Sleep Monitoring devices Market by Region, From 2015-2020 (USD Billion)
  127. Middle East & Africa Heart Rate Monitors Market by Region, From 2015-2020 (USD Billion)
  128. Middle East & Africa Blood Pressure Monitors Market by Region, From 2015-2020 (USD Billion)
  129. Middle East & Africa Activity Monitors Market by Region, From 2015-2020 (USD Billion)
  130. Middle East & Africa Electro Encephalographs Market by Region, From 2015-2020 (USD Billion)
  131. Middle East & Africa Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  132. Middle East & Africa Pain Management Devices Market by Region, From 2015-2020 (USD Billion)
  133. Middle East & Africa Glucose/Insulin Monitoring Devices Market by Region, From 2015-2020 (USD Billion)
  134. Middle East & Africa Respiratory Therapy Devices Market by Region, From 2015-2020 (USD Billion)
  135. Middle East & Africa Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  136. Middle East & Africa Sports and Fitness Market by Region, From 2015-2020 (USD Billion)
  137. Middle East & Africa Home Healthcare Market by Region, From 2015-2020 (USD Billion)
  138. Middle East & Africa Patient Monitoring Market by Region, From 2015-2020 (USD Billion)
  139. Middle East Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  140. Middle East Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  141. Middle East Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
  142. Africa Wearable Medical Devices Market by Diagnostic Wearable Devices, From 2015-2020 (USD Billion)
  143. Africa Wearable Medical Devices Market by Therapeutic Wearable Devices, From 2015-2020 (USD Billion)
  144. Africa Wearable Medical Devices Market by Application, From 2015-2020 (USD Billion)
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