The Business Research Company published its Wearable Medical Devices Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Wearable Medical Devices market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the Wearable Medical Devices market’s segments-
1) By Device Type, Diagnostic Devices, Therapeutic Devices
2) By Product Type, Watch, Wristband, Clothing, Ear Wear, Other Devices
3) By Distribution Channel, Pharmacies, Online Channel, HyperMarkets
4) By Application, Sports And Fitness, Remote Patient Monitoring, Home Healthcare, Ear Wear.
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Wearable Medical Devices Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global wearable medical devices market is expected decline from $8.87 billion in 2019 to $8.35 billion in 2020 at a compound annual growth rate (CAGR) of -5.83%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $16.08 billion in 2023 at CAGR of 24.39%.
Integrating artificial intelligence in the wearable medical devices is gaining traction. The data collected by the wearable medical devices lacks value without the integration of AI that better utilizes the data collected. AI doctor, which is a standalone network with a deep learning algorithm, performs better than trained medical practitioners in conditions like skin lesions, electrocardiograms, medical imaging and pathology.
Few Points From Table Of Content
1. Executive Summary
2. Wearable Medical Devices Market Characteristics
3. Wearable Medical Devices Market Size And Growth
4. Wearable Medical Devices Market Segmentation
5. Wearable Medical Devices Market Regional And Country Analysis
……
25. Wearable Medical Devices Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Wearable Medical Devices Market
27. Wearable Medical Devices Market Trends And Strategies
28. Wearable Medical Devices Market Future Outlook and Potential Analysis
29. Appendix
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Few Points From List Of Table
Table 1: Global Historic Market Growth, 2015-2019, $ Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 3: Global Wearable Medical Devices Market, Segmentation By Device Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
……..
Table 47: Philips Financial Performance
Table 48: Polar Electro Financial Performance
Table 49: Omron Corporation Financial Performance
Table 50: Fitbit Inc. Financial Performance
Table 51: Garmin Ltd. Financial Performance
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