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Research and Markets: Global Wearable Medical Device Market Outlook 2015-2020 - Market is Expected to Reach US$ 4.6 Billion
[May 19, 2015]

Research and Markets: Global Wearable Medical Device Market Outlook 2015-2020 - Market is Expected to Reach US$ 4.6 Billion


Research and Markets (http://www.researchandmarkets.com/research/r4m9tg/global_wearable) has announced the addition of the "Global Wearable Medical Device Market Outlook 2020" report to their offering.

The market, which was valued at US$ 1.5 Billion in 2014, is expected to reach US$ 4.6 Billion in the next five years.

Wearable medical devices are non-invasive, autonomous health tools, which aid in clinical monitoring beyond the hospitals. The applications of wearables range from monitoring glucose levels in blood, to managing chronic diseases such as heart diseases, asthma and diabetes. These devices generally provide noninvasive sensing, local processing, user feedback, and communication capabilities. In the latest report, Global Wearable Medical Device Market Outlook 2020, the analysts have endeavored to showcase the potential of the Wearable Medical Devices industry.

Driven by increasing health consciousness among people, rising chronic diseases such as Diabetes, Inflammatory disorders, etc., and inclining healthcare expenditure, the market for next generation medical technology is witnessing a remarkable growth. However, lack f reimbursement, high capital cost, and inadequate awareness among emerging markets of India, China, Brazil etc. are the major roadblocks for this market.



The research showcases various types of wearable devices, their applications and their geographical distribution. According to the market developments, the home health monitoring segment accounted for the largest share due to the ease of use and accuracy of the devices. Currently, North America represents the largest consumer base, followed by Europe and Asia-Pacific. However, with the growing number of cases of chronic illness, the Asia-Pacific region holds immense potential and will witness a higher adoption of such devices.

Key Topics Covered:


1. Analyst View

2. Research Methodology

3. Wearable Medical Devices: An Overview

4. Drivers and Challenges

4.1 Drivers

4.1.1 Inclining Healthcare Expenditure

4.1.2 Rising Incidence of Diabetes and Chronic Diseases

4.1.3 Ease of Use of Wearable Medical Devices

4.2 Challenges

4.2.1 High Cost of Devices

4.2.2 Less Awareness in Emerging Markets

4.2.3 Reimbursement Challenges Obstructing Demand

5. Market Size

6. Market Segmentation

6.1 By Types of Product

6.2 By Applications

6.3 By Geography

7. Trends & Developments

7.1 IT Giants Investing in Medical Gadgets

7.2 Smart Clothing' - The Next Big Health Mania

7.3 Mobile Health Apps Tracing Chronic Diseases

7.4 Miniaturizing of Sensors Augmenting Digital Health Monitoring

8. Mergers & Acquisitions

9. Competitive Landscape

9.1 Leading Players in the Global Wearable Medical Market

9.2 Profiles

9.2.1 Medtronic

9.2.2 Philips (News - Alert) Healthcare

9.2.3 Abbott Healthcare

9.2.4 Dexcom, Inc.

9.2.5 Sotera Wireless

9.2.6 Omron Healthcare

10. SWOT Analysis

For more information visit http://www.researchandmarkets.com/research/r4m9tg/global_wearable


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