North America Wearable Medical Devices Market -Industry Perspective and Forecast to 2021
North America Wearable Medical Devices Market by Diagnostic Wearable Devices, by Therapeutic Wearable Devices, by Application and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
(EMAILWIRE.COM, October 10, 2017 ) According to the report North America Wearable Medical Devices Market, published by Market Data Forecast, the Market was worth USD 1.83 billion in 2016 is expected to grow with a CAGR of 18.2%, to reach USD 4.22 billion by 2021. It has predominant share in the global market and continues to be in future also. Coming to product, the two main purposes of wearable technology are to monitor various bodily markers and to keep the user well informed on health conditions by syncing the relevant data to electronic devices such as smartphones.
Wearable medical devices feature wireless data transmission, real time feedback, alerting mechanism and have easy and timely sensing abilities. The data generated by wearable medical devices is further analysed and is used by customers for a better health management. They help monitor several bodily conditions like blood sugar, heart diseases, blood pressure ingestion, pain relief, brain activity, hydration, temperature, sleep etc.
Browse market data tables and in-depth TOC of the North America Wearable Medical Devices Industry to 2021 @ http://www.marketdataforecast.com/market-reports/north-america-wearable-medical-devices-market-67/
Increasing incidences of chronic conditions like obesity and awareness among people combining with the well-developed economic and technological facilities favour the growth of wearable devices market in North America. Also companies catering for specific needs make the market more competitive and more user friendly by increasing product choices at cheaper prices. However wearable medical devices are facing challenges mainly in allocating cost effective monitoring to patients and providing multi-platform functionality which is expected in well-developed countries like Canada and America. These factors may act as growth hurdles for the wearable technology is this region. Further, the privacy concerns concerning transmitting sensitive patient information and the need for miniaturized devices with long battery life are few challenges faced by the industry in current scenario.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/north-america-wearable-medical-devices-market-67/request-sample
The North America market for Wearable medical devices can be broadly categorized into Monitoring and Diagnostic Wearable Device Market (Electro Cardiographs, Sleep Monitoring devices, Heart Rate Monitors, Blood Pressure Monitors, Activity Monitors and Electro Encephalographs) and Therapeutic Wearable Device Market (Wearable Pain Management Devices, Glucose/Insulin Monitoring Devices, Wearable Respiratory Therapy Devices). Based on Application, the market is further segmented into Sports and Fitness, Home Healthcare and Patient Monitoring. The remote patient monitoring market accounted for the highest revenue in 2015 while the sports and fitness market is expected to grow at the fastest rate. On the basis of geography, the North America market is analysed under USA and Canada regions. The North America region holds the largest market share of the global wearable medical devices market
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Some of the major companies dominating the market, by their products and services include Fitbit, Garmin, Jawbone, Polar Electro, Vital connect, Withings SAS, Zephyr Corporation, Basis Science, Omron Corporation, Drager, Lifewatch AG, Sotera Wireless, Abbott Laboratories and Nuubo.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Wearable medical devices feature wireless data transmission, real time feedback, alerting mechanism and have easy and timely sensing abilities. The data generated by wearable medical devices is further analysed and is used by customers for a better health management. They help monitor several bodily conditions like blood sugar, heart diseases, blood pressure ingestion, pain relief, brain activity, hydration, temperature, sleep etc.
Browse market data tables and in-depth TOC of the North America Wearable Medical Devices Industry to 2021 @ http://www.marketdataforecast.com/market-reports/north-america-wearable-medical-devices-market-67/
Increasing incidences of chronic conditions like obesity and awareness among people combining with the well-developed economic and technological facilities favour the growth of wearable devices market in North America. Also companies catering for specific needs make the market more competitive and more user friendly by increasing product choices at cheaper prices. However wearable medical devices are facing challenges mainly in allocating cost effective monitoring to patients and providing multi-platform functionality which is expected in well-developed countries like Canada and America. These factors may act as growth hurdles for the wearable technology is this region. Further, the privacy concerns concerning transmitting sensitive patient information and the need for miniaturized devices with long battery life are few challenges faced by the industry in current scenario.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/north-america-wearable-medical-devices-market-67/request-sample
The North America market for Wearable medical devices can be broadly categorized into Monitoring and Diagnostic Wearable Device Market (Electro Cardiographs, Sleep Monitoring devices, Heart Rate Monitors, Blood Pressure Monitors, Activity Monitors and Electro Encephalographs) and Therapeutic Wearable Device Market (Wearable Pain Management Devices, Glucose/Insulin Monitoring Devices, Wearable Respiratory Therapy Devices). Based on Application, the market is further segmented into Sports and Fitness, Home Healthcare and Patient Monitoring. The remote patient monitoring market accounted for the highest revenue in 2015 while the sports and fitness market is expected to grow at the fastest rate. On the basis of geography, the North America market is analysed under USA and Canada regions. The North America region holds the largest market share of the global wearable medical devices market
Inquire before buying @ http://www.marketdataforecast.com/market-reports/north-america-wearable-medical-devices-market-67/inquire
Some of the major companies dominating the market, by their products and services include Fitbit, Garmin, Jawbone, Polar Electro, Vital connect, Withings SAS, Zephyr Corporation, Basis Science, Omron Corporation, Drager, Lifewatch AG, Sotera Wireless, Abbott Laboratories and Nuubo.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results