Diagnostic wearable medical devices are used to monitor, control, and track an individual's vital signs at regular intervals. These devices are connected to an individual’s body for the measurement of certain physiological information. They are available in the form of eyeglasses, watch, clothing, jewelry, and contact lenses. Diagnostic wearable medical devices monitor physiological data through remote or wireless communication and transmit this information to medical professionals or the user. These are autonomous, non-invasive devices that help assess specific medical functions such as blood pressure, body temperature, respiratory rate, glucose quantity, heart rate, and blood oxygen saturation. These devices also help determine parameters such as the heart rate, muscle activity, and calories burned during exercise and activities such as walking and jogging.
This report contains market size and forecasts of Diagnostic Wearable Medical Devices in global, including the following market information:
Global Diagnostic Wearable Medical Devices Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Diagnostic Wearable Medical Devices Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Diagnostic Wearable Medical Devices companies in 2021 (%)
The global Diagnostic Wearable Medical Devices market was valued at 6837.7 million in 2021 and is projected to reach US$ 15730 million by 2028, at a CAGR of 12.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Vital Signs Monitor Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Diagnostic Wearable Medical Devices include Medtronic, GE Healthcare, Johnson & Johnson, Omron Corporation, Philips Healthcare, Fitbit, Abbott, Boston Scientific Corporation and F. Hoffmann-La Roche, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Diagnostic Wearable Medical Devices manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Diagnostic Wearable Medical Devices Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Diagnostic Wearable Medical Devices Market Segment Percentages, by Type, 2021 (%)
Vital Signs Monitor
Sleep and Activity Monitor
Fetal and Obstetric Monitoring
Neuro Monitoring
ECG Monitors
Global Diagnostic Wearable Medical Devices Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Diagnostic Wearable Medical Devices Market Segment Percentages, by Application, 2021 (%)
Sports and Fitness
Remote Patient Monitoring
Home Healthcare
Global Diagnostic Wearable Medical Devices Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Diagnostic Wearable Medical Devices Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Diagnostic Wearable Medical Devices revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Diagnostic Wearable Medical Devices revenues share in global market, 2021 (%)
Key companies Diagnostic Wearable Medical Devices sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Diagnostic Wearable Medical Devices sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Medtronic
GE Healthcare
Johnson & Johnson
Omron Corporation
Philips Healthcare
Fitbit
Abbott
Boston Scientific Corporation
F. Hoffmann-La Roche
Drager Medical GmbH
Dexcom
iHealth Labs (Subsidiary of Andon Health)