Wrist Wearable Devices Market to Reach $35 billion by 2020 Wrist Wearable Devices Market | Page 26

shipments for wrist wearable healthcare monitors increasing from xx m units in 2015 to xx m
units by 2020 at a CAGR of xx %. xx region boosted by its high economic growth will enable
the people to possess these devices in order to lead a healthy life, thus taking the market
volume for wrist wearable healthcare monitors from xx m units in 2015 to xx m units by 2020
with a CAGR of xx%.
TABLE 14. GLOBAL HEALTHCARE MONITORS MARKET REVENUE, BY GEOGRAPHY,
2013-2020 ($M)
Healthcare

2013

2014

2015

2016

2017

2019

2020

Monitors

CAGR%
(2015 2020)

Americas
Europe
APAC
RoW
Total

8539.3

8843.3

9434.4

10997.9

12384.8

14628.6

15485.6

10.4%

SOURCE: IndustryARC Analysis, Expert Insights
xx and xx were the top contenders for net market revenue of wrist wearable
healthcare monitors in 2014. The market revenue for wrist wearable xx in xx is forecast to
rise from $xx billion in 2015 to $xx billion by 2020 at a CAGR of 5.3%. xx for the same product
will have its revenue up surging from $2.3 billion in 2015 to $5.5 billion by 2020 with a CAGR of
18.5%.
9.3.1

BLOOD GLUCOSE MON ITORS

Wrist Wearable Blood Glucose Monitors are devices that examine the glucose levels in the blood
periodically due to the absence of required levels of insulin. The high concentration of glucose in
the blood leads to diabetes, a major contributor to the deaths among the deaths occurring due to
communicable and non-communicable diseases across the globe. Blood Glucose Monitors are
compatible with both Type 1 and Type 2 diabetes. This category of device is being extensively
researched upon in order to create a non-invasive technology that can detect blood glucose levels
based on calorie intake. The latest development in the category includes the development of wrist
worn blood glucose monitor by a start-up called GoBe. The device from the company utilizes bioimpedance senor to measure water balance in the body and build glucose curves.