Wearable Device in Medical Market
Wearable Device in Medical Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Wearable Device in Medical Market Size and Growth
The global wearable device in medical market is projected to reach a value of $18.3 billion by 2026, growing at a CAGR of 24.1% during 2021-2026. The market is driven by the increasing prevalence of chronic diseases, rising healthcare costs, and technological advancements in wearable devices for remote patient monitoring and diagnosis. Request
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Companies Covered (Covid 19 Impact Covered)
◍ Apple
◍ Fitbit
◍ Huawei
◍ Garmin
◍ Samsung
◍ Xiaomi
◍ Omron
◍ Polar
◍ Philips
◍ LifeSense Group
◍ Withings
The wearable device medical market is highly competitive with companies like Apple, Fitbit, Huawei, Garmin, Samsung, Xiaomi, Omron, Polar, Philips, LifeSense Group, and Withings. These companies offer a range of wearable devices for monitoring health metrics, patient care, chronic disease management, and fitness tracking. Sales revenue figures: Apple $24.8 billion, Fitbit $1.4 billion, Garmin $3.3 billion.
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Market Segmentation
By Application
◍ Sports Fitness
◍ Patient Remote Monitoring
By Product
◍ Smart Watches
◍ Wearable Diagnostic Device
◍ Family Health Care Request Sample Report
◍ Wearable Therapeutic Device
$ X Billion USD
Market Growth
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