Global Wearable Devices in Healthcare Market By Application (BP Monitors, CGM Devices, Smart Glasses, PERS, Insulin Pumps, & ECG Monitors), By Geography – Analysis & Forecast to 2019
Smart wearable healthcare devices are defined as those devices that are worn or attached to a user's body to monitor the changes in various organs and body parts. Some of the healthcare devices include smart watches, wearable hand, smart diapers, wristband, pedometer, and bionic suit. Important features of these devices include heart rate monitoring, sleep statistics, counting the amount of calorie burnt and taken, monitor body temperature and sleep statistics of babies, remote cardiac monitoring, and monitor and track daily activity of users. These devices easily sync with user's smartphones and tablets.
Wearable Technologies have variety of applications including healthcare & medical, fitness & wellness, industrial & military, and infotainment. Major drivers for the growth of wearable technologies market are demand for portable devices, demand for real time data analytics and so on. Moreover, these devices are also used as a style statement among the young population, globally.
This report focuses on Wearable Technologies in healthcare. Most of the wearable devices developed till date is concentrated around healthcare and wellness products. Major applications of wearable devices in healthcare include BP Monitors, CGM Devices, Smart Glasses, PERS, Insulin Pumps, and ECG Monitors and so on. Increasing life expectancy rates and growing demand for preventive and long-term care are the major drivers for the growth of wearable technologies healthcare market. Data privacy and data traffic management is a challenge for the market.
This report discusses the wearable technologies healthcare market on the basis of applications (BP Monitors, CGM devices, Smart Glasses, PERS, Insulin Pumps, ECG Monitors and others) and on the basis of geography (North America, Europe, Asia Pacific and RoW). North America has the largest market share among all geographies due to high adoption rate of new technologies and excellent consumer awareness.
The report also provides an extensive competitive landscaping of companies operating in this market. The main companies operating in wearable technologies market and extensively covered in this report are Medtronic (U.S.), Dexcom (U.S.), Abbott Laboratories (U.S.), Biodevices (Portugal), Cardiac Science (U.S.). In addition to that, the report also provides premium insights of the market along with supply chain analysis and value chain analysis.