To Enquire About the Report Click Here IndustryARC Global Wearable Medical Devices Market (2014-2020) By Type (Therapeutic, Diagnostic, Vital Sign Monitoring, & Others); By Application (Home Health Care, Remote Patient Monitoring, Fitness & Sports) & By Geography
Wearable devices are devices with sensors which detect and monitor changes in vital body signs.
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
To Enquire About the Report Click
Here
IndustryARC
Global Wearable Medical Devices Market (2014-2020)
By Type (Therapeutic, Diagnostic, Vital Sign Monitoring, & Others); By Application (Home Health Care, Remote Patient Monitoring, Fitness & Sports) & By Geography
Table 1 Global Wearable Medical Devices Market, List of Companies Covered Table 2 Global Wearable Medical Devices Market, Competitive Share Analysis, , 2014-
2020 (%) Table 3 Top 5 Market Players Financial Analysis Table 4 Global Wearable Medical Devices Market Revenue, By Types , 2014-2020 ($M) Table 5 Global Wearable Medical Devices Market Revenue, By Applications , 2014-2020
($M) Table 6 Global Wearable Medical Devices Market Revenue, By Geography , 2014-2020
($M) Table 7 Average Selling Price Analysis, Global Wearable Medical Devices, , 2014-2020
($M) Table 8 Global Wearable Medical Devices Market Revenue in Therapeutic Wearable
Devices, By Applications , 2014-2020 ($M) Table 9 Global Wearable Medical Devices Market Revenue in Diagnostic Devices, By
Applications , 2014-2020 ($M) Table 10 Global Wearable Medical Devices Market in Vital Sign Monitoring Devices, By
Applications , 2014-2020 ($M) Table 11 Global Wearable Medical Devices Market Revenue in Home Health care, By
Therapeutic Wearable Devices , 2014-2020 ($M) Table 12 Global Wearable Medical Devices Market Revenue in Home Health care, By
Diagnostic Devices , 2014-2020 ($M) Table 13 Global Wearable Medical Devices Market Revenue in Home Health care, By Vital
Sign Monitoring Devices , 2014-2020 ($M) Table 14 Global Wearable Medical Devices Market Revenue in Remote Patient Monitoring,
By Therapeutic Devices , 2014-2020 ($M) Table 15 Global Wearable Medical Devices Market Revenue in Remote Patient Monitoring,
By Diagnostic Devices , 2014-2020 ($M) Table 16 Global Wearable Medical Devices Market Revenue in Remote Patient Monitoring,
By Vital Sign Monitoring Devices , 2014-2020 ($M) Table 17 Global Wearable Medical Devices Market Revenue in Fitness and Sports, By
Therapeutic Wearable Devices , 2014-2020 ($M) Table 18 Global Wearable Medical Devices Market Revenue in Fitness and Sports, By
Diagnostic Devices , 2014-2020 ($M) Table 19 Global Wearable Medical Devices Market Revenue in Fitness and Sports, By Vital
Sign Monitoring Devices , 2014-2020 ($M) Table 20 Global Wearable Medical Devices Market Revenue in North America, by
Applications , 2014-2020 ($M) Table 21 Global Wearable Medical Devices Market Revenue in Asia-Pacific, by
Table 22 Global Wearable Medical Devices Market Revenue in Europe, by Applications , 2014-2020 ($M)
Table 23 Global Wearable Medical Devices Market Revenue in ROW, by Applications , 2014-2020 ($M)
Table 24 Global Wearable Medical Devices Market Revenue in North America, by Types , 2014-2020 ($M)
Table 25 Global Wearable Medical Devices Market Revenue in Asia-Pacific, by Types , 2014-2020 ($M)
Table 26 Global Wearable Medical Devices Market Revenue in Europe, by Types , 2014-2020 ($M)
Table 27 Global Wearable Medical Devices Market Revenue in ROW, by Types , 2014-2020 ($M)
Table 28 Global Wearable Medical Devices Market Volume, By Types , 2014-2020 ($M) Table 29 Global Wearable Medical Devices Market Volume, By Applications , 2014-2020
($M) Table 30 Global Wearable Medical Devices Market Volume, By Geography , 2014-2020
($M) Table 31 Average Selling Price Analysis, Global Wearable Medical Devices, , 2014-2020
($M) Table 32 Global Wearable Medical Devices Market Volume in Therapeutic Wearable
Devices, By Applications , 2014-2020 ($M) Table 33 Global Wearable Medical Devices Market Volume in Diagnostic Devices, By
Applications , 2014-2020 ($M) Table 34 Global Wearable Medical Devices Market in Vital Sign Monitoring Devices, By
Applications , 2014-2020 ($M) Table 35 Global Wearable Medical Devices Market Volume in Home Health care, By
Therapeutic Wearable Devices , 2014-2020 ($M) Table 36 Global Wearable Medical Devices Market Volume in Home Health care, By
Diagnostic Devices , 2014-2020 ($M) Table 37 Global Wearable Medical Devices Market Volume in Home Health care, By Vital
Sign Monitoring Devices , 2014-2020 ($M) Table 38 Global Wearable Medical Devices Market Volume in Remote Patient Monitoring,
By Therapeutic Devices , 2014-2020 ($M) Table 39 Global Wearable Medical Devices Market Volume in Remote Patient Monitoring,
By Diagnostic Devices , 2014-2020 ($M) Table 40 Global Wearable Medical Devices Market Volume in Remote Patient Monitoring,
By Vital Sign Monitoring Devices , 2014-2020 ($M) Table 41 Global Wearable Medical Devices Market Volume in Fitness and Sports, By
Therapeutic Wearable Devices , 2014-2020 ($M) Table 42 Global Wearable Medical Devices Market Volume in Fitness and Sports, By
Figure1 Segmentation of Global Wearable Medical Devices Market By Types Figure2 Segmentation of Global Wearable Medical Devices Market By Applications Figure3 Segmentation of Global Wearable Medical Devices Market, List of Companies
Covered Figure4 Global Wearable Medical Devices Market Competitive Share Analysis, 2014 (%) Figure5 Global Wearable Medical Devices Market Revenue, 2014-2020 ($bn) Figure6 Average Selling Price Analysis of Global Wearable Medical Devices Market,2014-
2020 ($) Figure7 Global Wearable Medical Devices Market Revenue, By Types, 2014 (%) Figure8 Global Wearable Medical Devices Market Revenue, By Applications, 2014 (%) Figure9 Global Wearable Medical Devices Market Revenue, By Geographic Region, 2014-
2020 ($M) Figure10 Global Wearable Medical Devices Market Volume, By Types, 2014 (%) Figure11 Global Wearable Medical Devices Market Volume, By Applications, 2014 (%) Figure12 Global Wearable Medical Devices Market Volume, By Geographic Region, 2014-
The Global Wearable Medical Devices Market has been segmented into different categories, based on device type and their applications. Each of these segments is further broken down into sub-segments to give an in-depth analysis of the market.
The overall market is also presented from the perspective of different geographic regions and the key countries for this industry. Competitive landscape for each of the product types is highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2013 are provided. The prominent players profiled in this report are Basis Science Inc., Corventis Inc., Draeger, Life Watch AG, Apple Inc., Nike, Fit-bit and Philips Electronics. The report contains the most detailed and in-depth segmentation of the Global Wearable Medical Devices Market.
STAKEHOLDERS
Following are the key stakeholders in this market:
Product OEMs Contract manufacturers Service providers Component suppliers Health care professionals Health care companies Sport sponsorship companies
Wearable devices are devices with sensors which detect and monitor changes in vital body signs. These devices started out as a pulse measuring wrist watch but with advancements in technology have resulted in launch of several products with attractive features such as measurement of oxygen saturation, heart rate, temperature, blood pressure and water content in the body. Measurement of these stats has immense fitness and medical applications. Sports sponsorship companies have been increasingly adopting various wearable medical devices to serve fitness needs of athletes. Also, this helps them in diagnosing any of the health and fitness issues early on. These devices are easy to use and are very accurate to that of clinical results. This makes them a favourable choice among public. They relatively ease the process of monitoring various factors such as blood glucose levels.
SAMPLE TABLE: GLOBAL WEARABLE DEVICES MARKET REVENUE, BY REGION, 2015-2020) ($Bn) Region 2014 2015 2016 2017 2018 2019 2020 CAGR %
(2015- 2020)
North America xx xx xx xx xx xx xx xx% South America Europe xx xx xx xx xx xx xx xx% Asia-Pacific xx xx xx xx xx xx xx xx% ROW xx xx xx xx xx xx xx xx% Total xx xx xx xx xx xx xx xx% Source: Industry ARC analysis.
The Global Wearable Medical Devices Market is estimated to be $2.8 billion in revenue in 2014, growing at an estimated CAGR of 17.2% from 2014 to 2020. Out of all the regions, Asia-Pacific has the highest growth rate over the forecast period. This is because of the growing healthcare industry in this region. The increase in per-capita income and the growth of economies coupled with increase in the purchasing power of people in the emerging economies are one of the important factors that are driving demand for the wearable devices in this region. With the introduction of latest technologies in the field of vital organ replacement such as wearable kidneys, advanced prosthetics market is offering a futuristic scope for Global Wearable Medical Devices Market. Also, several major organisations are actively pursuing research in the fields of artificial pancreas and liver replacement technologies. In addition to this, increase in awareness of sports and fitness among people is driving the market across all the regions.
Market size and forecast is provided for each of these regions. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the Wearable Medical Devices market and future opportunities are provided in the report. This report on the Global Wearable Medical Devices Market identifies many such insights and M&A opportunities, besides providing a detailed analysis of the Wearable Medical Devices market.
Wearable Medical Devices market is set to revolutionize healthcare industry by aiming to improve healthcare delivery for both patients and care providers. Technological advances, increase in number of diabetes cases, growing economies and
increasing awareness about physical fitness are some of the major factors driving the market. Factors restraining market growth include reimbursement issues and high cost of these wearable medical devices.
Heart Rate monitors and Blood Glucose Level monitors are the fastest growing devices
among all the device types, while activity monitors hold the major market share among all the devices.
Highest growth in this market is seen in the Asia-Pacific region, while North America holds
The quantitative and qualitative data collected for the Global Wearable Medical Devices Market report is from a combination of secondary and primary sources. Research interviews were conducted with senior executives and/or mangers in the Wearable Medical Devices Market Industry. These Key Opinion Leaders (KOLs) were then provided a questionnaire to gather quantitative and qualitative inputs on their operations, performance, strategies and views on the overall market, including key developments and technology trends. Data from interviews is consolidated, checked for consistency and accuracy, and the final market numbers are again validated by experts. The global market was split by product types and geography based on different factors like primary and secondary sources, understanding of the number of companies operating in each segment and also KOL insights. We have used various secondary sources such as directories, articles, white papers, newsletters, annual reports and paid databases such as OneSource, Hoovers and Factiva to identify and collect information for extensive technical and commercial study of the global Wearable Medical Devices market. The approach towards finding information regarding the market and forecasting has been quite extensive. The market has then been forecast according to the market trend shown by the sales of major players and also considering new developments. The key players in the market and its value chain were identified through secondary research and their market opinions were also gathered in a similar way through telephonic interviews and questionnaires. We have also studied the annual reports of these top market players. Interviews with key opinion leaders such as directors, managers, and marketing personnel were used extensively in understanding the need and emergence of Global Wearable Medical Devices Market. We also have extensive database of contacts which were used to conduct primary interviews and also to get their inputs using questionnaires.
An analytical model lies at the core of our process, ensuring logical consistency throughout our research. We complement the model with secondary data and interviews with industry experts to reflect the latest trends. With our final expert validation, we provide you with only the most accurate and actionable intelligence.
THE ARC PROCESS
ANALYTICAL MODEL BASE MODEL CONSOLIDATED MODEL ARC MODEL
Analytical Method
Base Method Consolidation Method
Delphi Verification
1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market 3. Assign weights to these factors in terms of their relevance and impact on the market 4. Build the Analytical Model
1. Get a top-down estimate of the market 2. Follow it up with a bottom-up estimate of the market 3. Check forconsistency and new growth factors that are relevant over the next 10 Years 4. Build the Base model
1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market. 3. Assign weights to these factors in terms of their relevance and impact on the market. 4. Build the Consolidated Model
1. Verify the findings of the model with experts from across the value chain 2. Verify the findings with players across small and large enterprises 3. Tweak the model and add new factors 4. Finalize the ARC Model