Wearable Medical Device Market


Posted July 15, 2022 by Drachana

The market is expected to witness a CAGR of ~19.9% from 2021 to 2031.

 
Changing lifestyle patterns and routines has increased the prevalence of lifestyle-related diseases. Increasing incidences of diseases such as diabetes, cardiac diseases, respiratory disease, and rising awareness among people for self-monitoring has triggered increasing adoption of wearable medical devices. As wearable’s aid in monitoring, and diagnosis of various parameters, there has been increasing use of these wearable medical devices.
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Wearable medical devices can also be used for remote patient monitoring and help improve patient satisfaction and care. These devices help patients adhere to the prescribed medication, help patients track and monitor their health, including signs & symptoms that may trigger the need for medical care. Researching findings suggest that remote patient monitoring might save nearly US$200 billion across all conditions over the next 25 years, mainly by managing chronic care in the U.S.
Some of the prominent players operating in the Wearable Medical Device market includes: -
 Koninklijke Philips N.V
 Apple Inc
 Fitbit, Inc
 Omron Healthcare, Inc
 Medtronic
 Garmin Ltd
 GE Healthcare
 Sotera Wireless, Inc
 BioTelemetry, Inc
 Dexcom, Inc., among others

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Issued By growthplusreports
Country India
Categories Biotech , Health , Research
Tags device , healthcare , market , wearable
Last Updated July 15, 2022