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Global Wearable Medical Devices Market to 2027 - Growing Awareness and Preference for Home Healthcare Presents Opportunities - ResearchAndMarkets.com

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DUBLIN, November 29, 2021--(BUSINESS WIRE)--The "Wearable Medical Devices Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027" report has been added to ResearchAndMarkets.com's offering.

This report predicts the global wearable medical devices market to grow with a CAGR of 29.83% over the forecast period from 2021-2027. The study on wearable medical devices market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2019 to 2027.

The report on wearable medical devices market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global wearable medical devices market over the period of 2019 to 2027. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global wearable medical devices market over the period of 2019 to 2027. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Market Dynamics

Drivers

  • Consumer interest in personal health

  • Growing awareness about wearable devices among the population

Restraints

  • Unaddressed regulatory issues

Opportunities

  • Growing awareness and preference for home healthcare

Segment Covered

The global wearable medical devices market is segmented on the basis of type, application, and distribution channel.

The Global Wearable Medical Devices Market by Type

  • Activity Monitors

  • Patches

  • Smart Watches

  • Smart Clothing

The Global Wearable Medical Devices Market by Application

  • Sports & Fitness

  • Remote Patient Monitoring

  • Home Healthcare

The Global Wearable Medical Devices Market by Distribution Channel

  • Pharmacies

  • Online Channel

  • Hypermarkets

Company Profiles

  • Jawbone

  • Vitalconnect

  • Lifewatch

  • Nokia Technologies

  • Activeinsights

  • Monica Healthcare

  • Philips

  • Omron

  • Polar Electro

  • Xiaomi

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the wearable medical devices market.

2. Complete coverage of all the segments in the wearable medical devices market to analyze the trends, developments in the global market and forecast of market size up to 2027.

3. Comprehensive analysis of the companies operating in the global wearable medical devices market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

For more information about this report visit https://www.researchandmarkets.com/r/6q68vn

View source version on businesswire.com: https://www.businesswire.com/news/home/20211129005310/en/

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