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Professional Wearable Medical Device Market, Global Outlook and Forecast 2023-2029
Report ID
36453
Publisher
Market Monitor Global
Published Date
17-Oct
Delivery Format
PDF
No of Report Page
108
Editor's Rating
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Report Details
This research report provides a comprehensive analysis of the Professional Wearable Medical Device market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Professional Wearable Medical Device market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Professional Wearable Medical Device, challenges faced by the industry, and potential opportunities for market players. The global Professional Wearable Medical Device market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Professional Wearable Medical Device market presents opportunities for various stakeholders, including General Health & Fitness, Remote Patient Monitoring. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Professional Wearable Medical Device market. Additionally, the growing consumer demand present avenues for market expansion. The global Professional Wearable Medical Device market was valued at US$ 27800 million in 2022 and is projected to reach US$ 64670 million by 2029, at a CAGR of 12.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. The professional wearable medical device market is driven by several key factors, including the increasing demand for remote patient monitoring and the growing adoption of digital healthcare solutions. These devices offer healthcare professionals the ability to continuously collect patient data, enabling more timely and data-driven clinical decisions. The COVID-19 pandemic further accelerated the adoption of telehealth and remote monitoring, boosting market growth. Additionally, advancements in sensor technologies, wireless connectivity, and data analytics have improved the accuracy and usability of these devices, expanding their applications across various medical specialties. However, challenges exist, such as data security and privacy concerns, as well as regulatory hurdles related to device approval and data management. Ensuring interoperability with existing healthcare systems and addressing issues of device accuracy and reliability are also ongoing challenges. To succeed in this market, stakeholders must navigate these challenges while harnessing the potential for professional wearable medical devices to transform healthcare delivery and improve patient outcomes. Key Features: The research report on the Professional Wearable Medical Device market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders. Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Professional Wearable Medical Device market. Market Overview: The report provides a comprehensive overview of the Professional Wearable Medical Device market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Medical Wearable Diagnostic Devices, Medical Wearable Therapeutic Devices), region, and application, highlighting the key drivers, challenges, and opportunities within each segment. Market Dynamics: The report analyses the market dynamics driving the growth and development of the Professional Wearable Medical Device market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Professional Wearable Medical Device market's trajectory. Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Professional Wearable Medical Device market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments. Market Segmentation and Forecast: The report segment the Professional Wearable Medical Device market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions. Technological Trends: The report should highlight the key technological trends shaping the Professional Wearable Medical Device market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences. Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Professional Wearable Medical Device market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders. Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Professional Wearable Medical Device, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments. Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Professional Wearable Medical Device market. Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts. Market Segmentation Professional Wearable Medical Device market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value. Market segment by Type
- Medical Wearable Diagnostic Devices
- Medical Wearable Therapeutic Devices
- General Health & Fitness
- Remote Patient Monitoring
- Home Healthcare
- US
- Canada
- Mexico
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- Brazil
- Argentina
- Rest of South America
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
- Omron
- Philips
- Polar
- Lifesense
- Withings
- Abbott
- DexCom
- Medtronic
- Senseonics Holdings
- Insulet
- Tandem
- SOOIL
- GE Healthcare
- Hill-Rom
- Schiller
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Table Of Content
1 Introduction to Research & Analysis Reports 1.1 Professional Wearable Medical Device Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Professional Wearable Medical Device Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Professional Wearable Medical Device Overall Market Size 2.1 Global Professional Wearable Medical Device Market Size: 2022 VS 2029 2.2 Global Professional Wearable Medical Device Market Size, Prospects & Forecasts: 2018-2029 2.3 Key Market Trends, Opportunity, Drivers and Restraints 2.3.1 Market Opportunities & Trends 2.3.2 Market Drivers 2.3.3 Market Restraints 3 Company Landscape 3.1 Top Professional Wearable Medical Device Players in Global Market 3.2 Top Global Professional Wearable Medical Device Companies Ranked by Revenue 3.3 Global Professional Wearable Medical Device Revenue by Companies 3.4 Top 3 and Top 5 Professional Wearable Medical Device Companies in Global Market, by Revenue in 2022 3.5 Global Companies Professional Wearable Medical Device Product Type 3.6 Tier 1, Tier 2 and Tier 3 Professional Wearable Medical Device Players in Global Market 3.6.1 List of Global Tier 1 Professional Wearable Medical Device Companies 3.6.2 List of Global Tier 2 and Tier 3 Professional Wearable Medical Device Companies 4 Market Sights by Product 4.1 Overview 4.1.1 By Type - Global Professional Wearable Medical Device Market Size Markets, 2022 & 2029 4.1.2 Medical Wearable Diagnostic Devices 4.1.3 Medical Wearable Therapeutic Devices 4.2 By Type - Global Professional Wearable Medical Device Revenue & Forecasts 4.2.1 By Type - Global Professional Wearable Medical Device Revenue, 2018-2023 4.2.2 By Type - Global Professional Wearable Medical Device Revenue, 2024-2029 4.2.3 By Type - Global Professional Wearable Medical Device Revenue Market Share, 2018-2029 5 Sights by Application 5.1 Overview 5.1.1 By Application - Global Professional Wearable Medical Device Market Size, 2022 & 2029 5.1.2 General Health & Fitness 5.1.3 Remote Patient Monitoring 5.1.4 Home Healthcare 5.2 By Application - Global Professional Wearable Medical Device Revenue & Forecasts 5.2.1 By Application - Global Professional Wearable Medical Device Revenue, 2018-2023 5.2.2 By Application - Global Professional Wearable Medical Device Revenue, 2024-2029 5.2.3 By Application - Global Professional Wearable Medical Device Revenue Market Share, 2018-2029 6 Sights by Region 6.1 By Region - Global Professional Wearable Medical Device Market Size, 2022 & 2029 6.2 By Region - Global Professional Wearable Medical Device Revenue & Forecasts 6.2.1 By Region - Global Professional Wearable Medical Device Revenue, 2018-2023 6.2.2 By Region - Global Professional Wearable Medical Device Revenue, 2024-2029 6.2.3 By Region - Global Professional Wearable Medical Device Revenue Market Share, 2018-2029 6.3 North America 6.3.1 By Country - North America Professional Wearable Medical Device Revenue, 2018-2029 6.3.2 US Professional Wearable Medical Device Market Size, 2018-2029 6.3.3 Canada Professional Wearable Medical Device Market Size, 2018-2029 6.3.4 Mexico Professional Wearable Medical Device Market Size, 2018-2029 6.4 Europe 6.4.1 By Country - Europe Professional Wearable Medical Device Revenue, 2018-2029 6.4.2 Germany Professional Wearable Medical Device Market Size, 2018-2029 6.4.3 France Professional Wearable Medical Device Market Size, 2018-2029 6.4.4 U.K. Professional Wearable Medical Device Market Size, 2018-2029 6.4.5 Italy Professional Wearable Medical Device Market Size, 2018-2029 6.4.6 Russia Professional Wearable Medical Device Market Size, 2018-2029 6.4.7 Nordic Countries Professional Wearable Medical Device Market Size, 2018-2029 6.4.8 Benelux Professional Wearable Medical Device Market Size, 2018-2029 6.5 Asia 6.5.1 By Region - Asia Professional Wearable Medical Device Revenue, 2018-2029 6.5.2 China Professional Wearable Medical Device Market Size, 2018-2029 6.5.3 Japan Professional Wearable Medical Device Market Size, 2018-2029 6.5.4 South Korea Professional Wearable Medical Device Market Size, 2018-2029 6.5.5 Southeast Asia Professional Wearable Medical Device Market Size, 2018-2029 6.5.6 India Professional Wearable Medical Device Market Size, 2018-2029 6.6 South America 6.6.1 By Country - South America Professional Wearable Medical Device Revenue, 2018-2029 6.6.2 Brazil Professional Wearable Medical Device Market Size, 2018-2029 6.6.3 Argentina Professional Wearable Medical Device Market Size, 2018-2029 6.7 Middle East & Africa 6.7.1 By Country - Middle East & Africa Professional Wearable Medical Device Revenue, 2018-2029 6.7.2 Turkey Professional Wearable Medical Device Market Size, 2018-2029 6.7.3 Israel Professional Wearable Medical Device Market Size, 2018-2029 6.7.4 Saudi Arabia Professional Wearable Medical Device Market Size, 2018-2029 6.7.5 UAE Professional Wearable Medical Device Market Size, 2018-2029 7 Professional Wearable Medical Device Companies Profiles 7.1 Omron 7.1.1 Omron Company Summary 7.1.2 Omron Business Overview 7.1.3 Omron Professional Wearable Medical Device Major Product Offerings 7.1.4 Omron Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.1.5 Omron Key News & Latest Developments 7.2 Philips 7.2.1 Philips Company Summary 7.2.2 Philips Business Overview 7.2.3 Philips Professional Wearable Medical Device Major Product Offerings 7.2.4 Philips Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.2.5 Philips Key News & Latest Developments 7.3 Polar 7.3.1 Polar Company Summary 7.3.2 Polar Business Overview 7.3.3 Polar Professional Wearable Medical Device Major Product Offerings 7.3.4 Polar Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.3.5 Polar Key News & Latest Developments 7.4 Lifesense 7.4.1 Lifesense Company Summary 7.4.2 Lifesense Business Overview 7.4.3 Lifesense Professional Wearable Medical Device Major Product Offerings 7.4.4 Lifesense Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.4.5 Lifesense Key News & Latest Developments 7.5 Withings 7.5.1 Withings Company Summary 7.5.2 Withings Business Overview 7.5.3 Withings Professional Wearable Medical Device Major Product Offerings 7.5.4 Withings Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.5.5 Withings Key News & Latest Developments 7.6 Abbott 7.6.1 Abbott Company Summary 7.6.2 Abbott Business Overview 7.6.3 Abbott Professional Wearable Medical Device Major Product Offerings 7.6.4 Abbott Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.6.5 Abbott Key News & Latest Developments 7.7 DexCom 7.7.1 DexCom Company Summary 7.7.2 DexCom Business Overview 7.7.3 DexCom Professional Wearable Medical Device Major Product Offerings 7.7.4 DexCom Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.7.5 DexCom Key News & Latest Developments 7.8 Medtronic 7.8.1 Medtronic Company Summary 7.8.2 Medtronic Business Overview 7.8.3 Medtronic Professional Wearable Medical Device Major Product Offerings 7.8.4 Medtronic Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.8.5 Medtronic Key News & Latest Developments 7.9 Senseonics Holdings 7.9.1 Senseonics Holdings Company Summary 7.9.2 Senseonics Holdings Business Overview 7.9.3 Senseonics Holdings Professional Wearable Medical Device Major Product Offerings 7.9.4 Senseonics Holdings Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.9.5 Senseonics Holdings Key News & Latest Developments 7.10 Insulet 7.10.1 Insulet Company Summary 7.10.2 Insulet Business Overview 7.10.3 Insulet Professional Wearable Medical Device Major Product Offerings 7.10.4 Insulet Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.10.5 Insulet Key News & Latest Developments 7.11 Tandem 7.11.1 Tandem Company Summary 7.11.2 Tandem Business Overview 7.11.3 Tandem Professional Wearable Medical Device Major Product Offerings 7.11.4 Tandem Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.11.5 Tandem Key News & Latest Developments 7.12 SOOIL 7.12.1 SOOIL Company Summary 7.12.2 SOOIL Business Overview 7.12.3 SOOIL Professional Wearable Medical Device Major Product Offerings 7.12.4 SOOIL Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.12.5 SOOIL Key News & Latest Developments 7.13 GE Healthcare 7.13.1 GE Healthcare Company Summary 7.13.2 GE Healthcare Business Overview 7.13.3 GE Healthcare Professional Wearable Medical Device Major Product Offerings 7.13.4 GE Healthcare Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.13.5 GE Healthcare Key News & Latest Developments 7.14 Hill-Rom 7.14.1 Hill-Rom Company Summary 7.14.2 Hill-Rom Business Overview 7.14.3 Hill-Rom Professional Wearable Medical Device Major Product Offerings 7.14.4 Hill-Rom Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.14.5 Hill-Rom Key News & Latest Developments 7.15 Schiller 7.15.1 Schiller Company Summary 7.15.2 Schiller Business Overview 7.15.3 Schiller Professional Wearable Medical Device Major Product Offerings 7.15.4 Schiller Professional Wearable Medical Device Revenue in Global Market (2018-2023) 7.15.5 Schiller Key News & Latest Developments 8 Conclusion 9 Appendix 9.1 Note 9.2 Examples of Clients 9.3 Disclaimer
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