Wearable Device in Medical Market
Wearable Device in Medical Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
Request Sample Report
Wearable Device in Medical Market Size and Growth
The wearable device in the medical market is experiencing significant growth, driven by advancements in technology and rising health awareness. As of 2023, the market size is projected to reach approximately $25 billion, with strong demand for remote monitoring solutions and chronic disease management tools shaping market conditions and future trends.
Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Apple
◍ Fitbit
◍ Huawei
◍ Garmin
◍ Samsung
◍ Xiaomi
◍ Omron
◍ Polar
◍ Philips
◍ LifeSense Group
◍ Withings
The wearables medical market is competitive, with companies like Apple, Fitbit, Huawei, Garmin, Samsung, Xiaomi, Omron, Polar, Philips, LifeSense Group, and Withings offering health tracking solutions. They innovate in fitness tracking, chronic disease management, and telehealth, driving market growth.
Specific sales revenue figures include:
- Apple: $365 billion (2023, total revenue)
- Fitbit: $1.5 billion (2020)
- Garmin: $4 billion (2022)
- Samsung: $244 billion (2021, total revenue)
- Philips: $19.5 billion (2022, total revenue)
Request Sample Report
Market Segmentation
By Application
Sports Fitness
Patient Remote Monitoring
Family Health Care
By Product
Smart Watches
Wearable Diagnostic Device
Wearable Therapeutic Device
Market Growth
Request Sample Report
$ X Billion USD
