Infinium Global Research Wearable Medical Devices Market | Page 2

A latest report has been added to the wide database of Wearable Medical Devices Market by Infinium Global Research. This
report studies the Wearable Medical Devices Market by diagnostic (vital sign monitors, ECG monitors), therapeutic devices (pain
management devices, insulin monitoring devices, respiratory therapy devices), site of application (handheld, headband, strap,
shoe sensors) market status and outlook of global and major regions, from manufacturers, and end industries. The objective of
the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six
years. Wearable Medical Devices Market provides opportunities in micro markets for stakeholders to invest along with the
detailed analysis of competitive landscape, latest trends, and product offerings of the major companies in the Wearable Medical
Devices Market. The wearable medical devices market has grown significantly over the past few years as innovations and
advancements in electronics, material sciences and sensor technologies have allowed various startups to introduce relatively
inexpensive and fashionable devices into the market. In addition, consumer interest in personal health, growing awareness about
wearable devices among the population, rise in geriatric population, increasing benefits from wearable devices and rise in
disposable income, are the factors that have helped to propel this market forward. Furthermore, increasing focus on innovations
by tech start-ups and favorable government policies are also driving the market in the coming years. Along with these above-
mentioned driving factors, there are some restraints which are expected to hinder the market growing in coming years. Privacy
issues, unaddressed regulatory issues, unfashionable products, technical difficulties and cost of these products are some of the
restraining factors, which could hinder the market.
Segment Covered:
Based on type of devices, the market for wearable medical devices is segmented to diagnostic, therapeutic devices and site of
application. Among these, diagnostic devices further divided into vital sign monitors, sleep and activity monitors, fetal and
obstetric monitors, neuro-monitoring devices, and ECG monitors. Therapeutics devices are segmented into pain management
devices, insulin monitoring devices, respiratory therapy devices, and rehabilitation devices. Based on the site of application, the
market is segmented into handheld, headband, strap, shoe sensors and others.
Geographic Coverage:
Geographically, the market is divided into the Americas, EMEA (Europe, Middles East and Africa), and Asia-Pacific. Asia-Pacific
region is expected to display the fastest growth for wearable medical devices during the forecast period. Growing awareness
among the population, increasing disposable income, and rising incidence rate of chronic diseases are few factors promoting
growth in this region. Whereas, the Americas region is expected to maintain its lead throughout the forecast period, owing to
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