Global Wearable Tech in Healthcare Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI07242185

Publication Date:

July 2, 2024

Pages:

128

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Retailing [2]

Consumer & Retail [3]

Description:

The global Wearable Tech in Healthcare market size was valued at US$ 13990 million in 2023. With growing demand in downstream market, the Wearable Tech in Healthcare is forecast to a readjusted size of US$ 35890 million by 2030 with a CAGR of 14.4% during review period.
The research report highlights the growth potential of the global Wearable Tech in Healthcare market. Wearable Tech in Healthcare are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Wearable Tech in Healthcare. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Wearable Tech in Healthcare market.
Wearable Tech in Healthcare refers to electronic devices and technologies designed to be worn by individuals to monitor and track health-related metrics, such as heart rate, activity level, sleep patterns, and more. These devices can provide valuable data for health and wellness management.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Key Features:
The report on Wearable Tech in Healthcare market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Wearable Tech in Healthcare market. It may include historical data, market segmentation by Type (e.g., Wrist Universal Tech, Wearable Medical Detection Tech), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Wearable Tech in Healthcare market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Wearable Tech in Healthcare market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Wearable Tech in Healthcare industry. This include advancements in Wearable Tech in Healthcare technology, Wearable Tech in Healthcare new entrants, Wearable Tech in Healthcare new investment, and other innovations that are shaping the future of Wearable Tech in Healthcare.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Wearable Tech in Healthcare market. It includes factors influencing customer ' purchasing decisions, preferences for Wearable Tech in Healthcare product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Wearable Tech in Healthcare market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Wearable Tech in Healthcare market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Wearable Tech in Healthcare market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Wearable Tech in Healthcare industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Wearable Tech in Healthcare market.
Market Segmentation:
Wearable Tech in Healthcare market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Wrist Universal Tech
Wearable Medical Detection Tech
Wearable Rehabilitation Tech
Wearable Drug Delivery Tech
Other
Segmentation by application
Family
Hospital
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Abbott
Activinsights
Alive Technologies
Apple
ASUS
Beurer GmbH
Dragerwerk
Fitbit
Garmin
GE Healthcare
Huawei
Jawbone
Misfit (Fossil)
Nokia
Omron
Philips
Polar Electro
VitalConnect
Xiaomi

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Wearable Tech in Healthcare Market Size 2019-2030
2.1.2 Wearable Tech in Healthcare Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Wearable Tech in Healthcare Segment by Type
2.2.1 Wrist Universal Tech
2.2.2 Wearable Medical Detection Tech
2.2.3 Wearable Rehabilitation Tech
2.2.4 Wearable Drug Delivery Tech
2.2.5 Other
2.3 Wearable Tech in Healthcare Market Size by Type
2.3.1 Wearable Tech in Healthcare Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Wearable Tech in Healthcare Market Size Market Share by Type (2019-2024)
2.4 Wearable Tech in Healthcare Segment by Application
2.4.1 Family
2.4.2 Hospital
2.4.3 Other
2.5 Wearable Tech in Healthcare Market Size by Application
2.5.1 Wearable Tech in Healthcare Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Wearable Tech in Healthcare Market Size Market Share by Application (2019-2024)
3 Wearable Tech in Healthcare Market Size by Player
3.1 Wearable Tech in Healthcare Market Size Market Share by Players
3.1.1 Global Wearable Tech in Healthcare Revenue by Players (2019-2024)
3.1.2 Global Wearable Tech in Healthcare Revenue Market Share by Players (2019-2024)
3.2 Global Wearable Tech in Healthcare Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Wearable Tech in Healthcare by Regions
4.1 Wearable Tech in Healthcare Market Size by Regions (2019-2024)
4.2 Americas Wearable Tech in Healthcare Market Size Growth (2019-2024)
4.3 APAC Wearable Tech in Healthcare Market Size Growth (2019-2024)
4.4 Europe Wearable Tech in Healthcare Market Size Growth (2019-2024)
4.5 Middle East & Africa Wearable Tech in Healthcare Market Size Growth (2019-2024)
5 Americas
5.1 Americas Wearable Tech in Healthcare Market Size by Country (2019-2024)
5.2 Americas Wearable Tech in Healthcare Market Size by Type (2019-2024)
5.3 Americas Wearable Tech in Healthcare Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Wearable Tech in Healthcare Market Size by Region (2019-2024)
6.2 APAC Wearable Tech in Healthcare Market Size by Type (2019-2024)
6.3 APAC Wearable Tech in Healthcare Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Wearable Tech in Healthcare by Country (2019-2024)
7.2 Europe Wearable Tech in Healthcare Market Size by Type (2019-2024)
7.3 Europe Wearable Tech in Healthcare Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Wearable Tech in Healthcare by Region (2019-2024)
8.2 Middle East & Africa Wearable Tech in Healthcare Market Size by Type (2019-2024)
8.3 Middle East & Africa Wearable Tech in Healthcare Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Wearable Tech in Healthcare Market Forecast
10.1 Global Wearable Tech in Healthcare Forecast by Regions (2025-2030)
10.1.1 Global Wearable Tech in Healthcare Forecast by Regions (2025-2030)
10.1.2 Americas Wearable Tech in Healthcare Forecast
10.1.3 APAC Wearable Tech in Healthcare Forecast
10.1.4 Europe Wearable Tech in Healthcare Forecast
10.1.5 Middle East & Africa Wearable Tech in Healthcare Forecast
10.2 Americas Wearable Tech in Healthcare Forecast by Country (2025-2030)
10.2.1 United States Wearable Tech in Healthcare Market Forecast
10.2.2 Canada Wearable Tech in Healthcare Market Forecast
10.2.3 Mexico Wearable Tech in Healthcare Market Forecast
10.2.4 Brazil Wearable Tech in Healthcare Market Forecast
10.3 APAC Wearable Tech in Healthcare Forecast by Region (2025-2030)
10.3.1 China Wearable Tech in Healthcare Market Forecast
10.3.2 Japan Wearable Tech in Healthcare Market Forecast
10.3.3 Korea Wearable Tech in Healthcare Market Forecast
10.3.4 Southeast Asia Wearable Tech in Healthcare Market Forecast
10.3.5 India Wearable Tech in Healthcare Market Forecast
10.3.6 Australia Wearable Tech in Healthcare Market Forecast
10.4 Europe Wearable Tech in Healthcare Forecast by Country (2025-2030)
10.4.1 Germany Wearable Tech in Healthcare Market Forecast
10.4.2 France Wearable Tech in Healthcare Market Forecast
10.4.3 UK Wearable Tech in Healthcare Market Forecast
10.4.4 Italy Wearable Tech in Healthcare Market Forecast
10.4.5 Russia Wearable Tech in Healthcare Market Forecast
10.5 Middle East & Africa Wearable Tech in Healthcare Forecast by Region (2025-2030)
10.5.1 Egypt Wearable Tech in Healthcare Market Forecast
10.5.2 South Africa Wearable Tech in Healthcare Market Forecast
10.5.3 Israel Wearable Tech in Healthcare Market Forecast
10.5.4 Turkey Wearable Tech in Healthcare Market Forecast
10.5.5 GCC Countries Wearable Tech in Healthcare Market Forecast
10.6 Global Wearable Tech in Healthcare Forecast by Type (2025-2030)
10.7 Global Wearable Tech in Healthcare Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 Abbott
11.1.1 Abbott Company Information
11.1.2 Abbott Wearable Tech in Healthcare Product Offered
11.1.3 Abbott Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Abbott Main Business Overview
11.1.5 Abbott Latest Developments
11.2 Activinsights
11.2.1 Activinsights Company Information
11.2.2 Activinsights Wearable Tech in Healthcare Product Offered
11.2.3 Activinsights Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Activinsights Main Business Overview
11.2.5 Activinsights Latest Developments
11.3 Alive Technologies
11.3.1 Alive Technologies Company Information
11.3.2 Alive Technologies Wearable Tech in Healthcare Product Offered
11.3.3 Alive Technologies Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Alive Technologies Main Business Overview
11.3.5 Alive Technologies Latest Developments
11.4 Apple
11.4.1 Apple Company Information
11.4.2 Apple Wearable Tech in Healthcare Product Offered
11.4.3 Apple Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Apple Main Business Overview
11.4.5 Apple Latest Developments
11.5 ASUS
11.5.1 ASUS Company Information
11.5.2 ASUS Wearable Tech in Healthcare Product Offered
11.5.3 ASUS Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 ASUS Main Business Overview
11.5.5 ASUS Latest Developments
11.6 Beurer GmbH
11.6.1 Beurer GmbH Company Information
11.6.2 Beurer GmbH Wearable Tech in Healthcare Product Offered
11.6.3 Beurer GmbH Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Beurer GmbH Main Business Overview
11.6.5 Beurer GmbH Latest Developments
11.7 Dragerwerk
11.7.1 Dragerwerk Company Information
11.7.2 Dragerwerk Wearable Tech in Healthcare Product Offered
11.7.3 Dragerwerk Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Dragerwerk Main Business Overview
11.7.5 Dragerwerk Latest Developments
11.8 Fitbit
11.8.1 Fitbit Company Information
11.8.2 Fitbit Wearable Tech in Healthcare Product Offered
11.8.3 Fitbit Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Fitbit Main Business Overview
11.8.5 Fitbit Latest Developments
11.9 Garmin
11.9.1 Garmin Company Information
11.9.2 Garmin Wearable Tech in Healthcare Product Offered
11.9.3 Garmin Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Garmin Main Business Overview
11.9.5 Garmin Latest Developments
11.10 GE Healthcare
11.10.1 GE Healthcare Company Information
11.10.2 GE Healthcare Wearable Tech in Healthcare Product Offered
11.10.3 GE Healthcare Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 GE Healthcare Main Business Overview
11.10.5 GE Healthcare Latest Developments
11.11 Huawei
11.11.1 Huawei Company Information
11.11.2 Huawei Wearable Tech in Healthcare Product Offered
11.11.3 Huawei Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Huawei Main Business Overview
11.11.5 Huawei Latest Developments
11.12 Jawbone
11.12.1 Jawbone Company Information
11.12.2 Jawbone Wearable Tech in Healthcare Product Offered
11.12.3 Jawbone Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Jawbone Main Business Overview
11.12.5 Jawbone Latest Developments
11.13 Misfit (Fossil)
11.13.1 Misfit (Fossil) Company Information
11.13.2 Misfit (Fossil) Wearable Tech in Healthcare Product Offered
11.13.3 Misfit (Fossil) Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Misfit (Fossil) Main Business Overview
11.13.5 Misfit (Fossil) Latest Developments
11.14 Nokia
11.14.1 Nokia Company Information
11.14.2 Nokia Wearable Tech in Healthcare Product Offered
11.14.3 Nokia Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Nokia Main Business Overview
11.14.5 Nokia Latest Developments
11.15 Omron
11.15.1 Omron Company Information
11.15.2 Omron Wearable Tech in Healthcare Product Offered
11.15.3 Omron Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Omron Main Business Overview
11.15.5 Omron Latest Developments
11.16 Philips
11.16.1 Philips Company Information
11.16.2 Philips Wearable Tech in Healthcare Product Offered
11.16.3 Philips Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 Philips Main Business Overview
11.16.5 Philips Latest Developments
11.17 Polar Electro
11.17.1 Polar Electro Company Information
11.17.2 Polar Electro Wearable Tech in Healthcare Product Offered
11.17.3 Polar Electro Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 Polar Electro Main Business Overview
11.17.5 Polar Electro Latest Developments
11.18 VitalConnect
11.18.1 VitalConnect Company Information
11.18.2 VitalConnect Wearable Tech in Healthcare Product Offered
11.18.3 VitalConnect Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.18.4 VitalConnect Main Business Overview
11.18.5 VitalConnect Latest Developments
11.19 Xiaomi
11.19.1 Xiaomi Company Information
11.19.2 Xiaomi Wearable Tech in Healthcare Product Offered
11.19.3 Xiaomi Wearable Tech in Healthcare Revenue, Gross Margin and Market Share (2019-2024)
11.19.4 Xiaomi Main Business Overview
11.19.5 Xiaomi Latest Developments
12 Research Findings and Conclusion

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