NEW YORK, Feb. 3, 2023 /PRNewswire/ -- Technavio report provides the key offerings of 15+ vendors of the diagnostic wearable medical devices market. For instance, one of the key vendors, AliveCor Inc offers medical wearable devices such as KardiaMobile. Similarly, another vendor, Alphabet Inc provides medical wearable devices such as Fitbit sense 2, Fitbit versa 4, and Fitbit charge 5. To know about all major vendor offerings, Download a PDF Sample Report.

Technavio has announced its latest market research report titled Global Diagnostic Wearable Medical Devices Market 2023-2027

The Diagnostic Wearable Medical Devices Market by Application, Device, and Geography - Forecast and Analysis 2023-2027 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 15.2% and register an incremental growth of  USD 7,333.3 million during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market.

Regional Analysis

By region, the global diagnostic wearable medical devices market is segmented into North America, Europe, Asia, and the Rest of World (ROW). North America will account for 37% of the market's growth during the forecast period. The increase in the incidence of chronic diseases among people of all ages, the increased prevalence of heart and respiratory disorders, and a rise in the number of premature births are driving the growth of the regional market. For more insights, buy the report!

Market dynamics

The market is driven by factors such as the growing demand for early diagnosis and preventive medicine, the increasing prevalence of chronic diseases, and the increased need for cost-effective diagnosis. However, data privacy issues are hindering market growth.

Competitive analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others. Request a Sample.

Market segmentation

  • By application, the market is segmented into home healthcare, sports and fitness, and remote patient monitoring. The home healthcare segment accounted for the largest share of the market during the forecast period.
  • By geography, the market is segmented into North America, Europe, Asia, and the Rest of World (ROW). North America held the largest share of the market in 2021.

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What are the key data covered in this diagnostic wearable medical devices market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the diagnostic wearable medical devices market between 2023 and 2027
  • Precise estimation of the size of the diagnostic wearable medical devices market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the diagnostic wearable medical devices market across North America, Europe, Asia, and Rest of World (ROW)
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of diagnostic wearable medical devices market vendors

Diagnostic Wearable Medical Devices Market Scope

Report Coverage

Details

Page number

173

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 15.2%

Market growth 2023-2027

USD 7333.3 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

14.54

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 37%

Key countries

US, Germany, UK, China, and Japan

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Activinsights Ltd., AliveCor Inc., Alphabet Inc., BTS Bioengineering Corp., Cleveland Medical Devices Inc., Draegerwerk AG and Co. KGaA, Garmin Ltd, Intelesens Ltd., Koninklijke Philips NV, Medtronic Plc, OMRON Corp., Polar Electro Oy, ResMed Inc., Smart Solutions Technologies SL, VitalConnect Inc., Wellue Health, and World Global Network

Market dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio "Health Care" Research Reports

Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Device
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global diagnostic wearable medical devices market 2017 - 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global diagnostic wearable medical devices market 2017 - 2021 ($ million)
  • 4.2 Application Segment Analysis 2017 - 2021
    • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
  • 4.3 Device Segment Analysis 2017 - 2021 
    • Exhibit 20: Historic Market Size – Device Segment 2017 - 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 - 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 - 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

  • 6.1 Market segments 
    • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
  • 6.2 Comparison by Application 
    • Exhibit 32: Chart on Comparison by Application
    • Exhibit 33: Data Table on Comparison by Application
  • 6.3 Home healthcare - Market size and forecast 2022-2027
    • Exhibit 34: Chart on Home healthcare - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Home healthcare - Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Home healthcare - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Home healthcare - Year-over-year growth 2022-2027 (%)
  • 6.4 Sports and fitness - Market size and forecast 2022-2027
    • Exhibit 38: Chart on Sports and fitness - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Sports and fitness - Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Sports and fitness - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Sports and fitness - Year-over-year growth 2022-2027 (%)
  • 6.5 Remote patient monitoring - Market size and forecast 2022-2027 
    • Exhibit 42: Chart on Remote patient monitoring - Market size and forecast 2022-2027 ($ million)
    • Exhibit 43: Data Table on Remote patient monitoring - Market size and forecast 2022-2027 ($ million)
    • Exhibit 44: Chart on Remote patient monitoring - Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Remote patient monitoring - Year-over-year growth 2022-2027 (%)
  • 6.6 Market opportunity by Application 
    • Exhibit 46: Market opportunity by Application ($ million)

7 Market Segmentation by Device

  • 7.1 Market segments 
    • Exhibit 47: Chart on Device - Market share 2022-2027 (%)
    • Exhibit 48: Data Table on Device - Market share 2022-2027 (%)
  • 7.2 Comparison by Device 
    • Exhibit 49: Chart on Comparison by Device
    • Exhibit 50: Data Table on Comparison by Device
  • 7.3 Vital signs monitors - Market size and forecast 2022-2027
    • Exhibit 51: Chart on Vital signs monitors - Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Vital signs monitors - Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Vital signs monitors - Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Vital signs monitors - Year-over-year growth 2022-2027 (%)
  • 7.4 Sleep and activity monitors - Market size and forecast 2022-2027 
    • Exhibit 55: Chart on Sleep and activity monitors - Market size and forecast 2022-2027 ($ million)
    • Exhibit 56: Data Table on Sleep and activity monitors - Market size and forecast 2022-2027 ($ million)
    • Exhibit 57: Chart on Sleep and activity monitors - Year-over-year growth 2022-2027 (%)
    • Exhibit 58: Data Table on Sleep and activity monitors - Year-over-year growth 2022-2027 (%)
  • 7.5 Fetal and obstetric monitoring devices - Market size and forecast 2022-2027 
    • Exhibit 59: Chart on Fetal and obstetric monitoring devices - Market size and forecast 2022-2027 ($ million)
    • Exhibit 60: Data Table on Fetal and obstetric monitoring devices - Market size and forecast 2022-2027 ($ million)
    • Exhibit 61: Chart on Fetal and obstetric monitoring devices - Year-over-year growth 2022-2027 (%)
    • Exhibit 62: Data Table on Fetal and obstetric monitoring devices - Year-over-year growth 2022-2027 (%)
  • 7.6 Neuromonitoring devices - Market size and forecast 2022-2027 
    • Exhibit 63: Chart on Neuromonitoring devices - Market size and forecast 2022-2027 ($ million)
    • Exhibit 64: Data Table on Neuromonitoring devices - Market size and forecast 2022-2027 ($ million)
    • Exhibit 65: Chart on Neuromonitoring devices - Year-over-year growth 2022-2027 (%)
    • Exhibit 66: Data Table on Neuromonitoring devices - Year-over-year growth 2022-2027 (%)
  • 7.7 ECG monitors - Market size and forecast 2022-2027
    • Exhibit 67: Chart on ECG monitors - Market size and forecast 2022-2027 ($ million)
    • Exhibit 68: Data Table on ECG monitors - Market size and forecast 2022-2027 ($ million)
    • Exhibit 69: Chart on ECG monitors - Year-over-year growth 2022-2027 (%)
    • Exhibit 70: Data Table on ECG monitors - Year-over-year growth 2022-2027 (%)
  • 7.8 Market opportunity by Device 
    • Exhibit 71: Market opportunity by Device ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 73: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 74: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 75: Chart on Geographic comparison
    • Exhibit 76: Data Table on Geographic comparison
  • 9.3 North America - Market size and forecast 2022-2027
    • Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.4 Europe - Market size and forecast 2022-2027
    • Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.5 Asia - Market size and forecast 2022-2027
    • Exhibit 85: Chart on Asia - Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on Asia - Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on Asia - Year-over-year growth 2022-2027 (%)
  • 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
    • Exhibit 89: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
  • 9.7 US - Market size and forecast 2022-2027
    • Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.8 China - Market size and forecast 2022-2027
    • Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.9 UK - Market size and forecast 2022-2027
    • Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)
  • 9.10 Germany - Market size and forecast 2022-2027
    • Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 9.11 Japan - Market size and forecast 2022-2027
    • Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
    • Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)
  • 9.12 Market opportunity by geography 
    • Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 114: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape 
    • Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 116: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 117: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 118: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 119: Matrix on vendor position and classification
  • 12.3 Activinsights Ltd. 
    • Exhibit 120: Activinsights Ltd. - Overview
    • Exhibit 121: Activinsights Ltd. - Product / Service
    • Exhibit 122: Activinsights Ltd. - Key offerings
  • 12.4 AliveCor Inc. 
    • Exhibit 123: AliveCor Inc. - Overview
    • Exhibit 124: AliveCor Inc. - Product / Service
    • Exhibit 125: AliveCor Inc. - Key offerings
  • 12.5 Alphabet Inc. 
    • Exhibit 126: Alphabet Inc. - Overview
    • Exhibit 127: Alphabet Inc. - Business segments
    • Exhibit 128: Alphabet Inc. - Key news
    • Exhibit 129: Alphabet Inc. - Key offerings
    • Exhibit 130: Alphabet Inc. - Segment focus
  • 12.6 BTS Bioengineering Corp. 
    • Exhibit 131: BTS Bioengineering Corp. - Overview
    • Exhibit 132: BTS Bioengineering Corp. - Product / Service
    • Exhibit 133: BTS Bioengineering Corp. - Key offerings
  • 12.7 Cleveland Medical Devices Inc. 
    • Exhibit 134: Cleveland Medical Devices Inc. - Overview
    • Exhibit 135: Cleveland Medical Devices Inc. - Product / Service
    • Exhibit 136: Cleveland Medical Devices Inc. - Key offerings
  • 12.8 Draegerwerk AG and Co. KGaA 
    • Exhibit 137: Draegerwerk AG and Co. KGaA - Overview
    • Exhibit 138: Draegerwerk AG and Co. KGaA - Business segments
    • Exhibit 139: Draegerwerk AG and Co. KGaA - Key offerings
    • Exhibit 140: Draegerwerk AG and Co. KGaA - Segment focus
  • 12.9 Garmin Ltd 
    • Exhibit 141: Garmin Ltd - Overview
    • Exhibit 142: Garmin Ltd - Business segments
    • Exhibit 143: Garmin Ltd - Key offerings
    • Exhibit 144: Garmin Ltd - Segment focus
  • 12.10 Koninklijke Philips NV 
    • Exhibit 145: Koninklijke Philips NV - Overview
    • Exhibit 146: Koninklijke Philips NV - Business segments
    • Exhibit 147: Koninklijke Philips NV - Key news
    • Exhibit 148: Koninklijke Philips NV - Key offerings
    • Exhibit 149: Koninklijke Philips NV - Segment focus
  • 12.11 Medtronic Plc 
    • Exhibit 150: Medtronic Plc - Overview
    • Exhibit 151: Medtronic Plc - Business segments
    • Exhibit 152: Medtronic Plc - Key news
    • Exhibit 153: Medtronic Plc - Key offerings
    • Exhibit 154: Medtronic Plc - Segment focus
  • 12.12 OMRON Corp. 
    • Exhibit 155: OMRON Corp. - Overview
    • Exhibit 156: OMRON Corp. - Business segments
    • Exhibit 157: OMRON Corp. - Key news
    • Exhibit 158: OMRON Corp. - Key offerings
    • Exhibit 159: OMRON Corp. - Segment focus
  • 12.13 Polar Electro Oy 
    • Exhibit 160: Polar Electro Oy - Overview
    • Exhibit 161: Polar Electro Oy - Product / Service
    • Exhibit 162: Polar Electro Oy - Key offerings
  • 12.14 ResMed Inc. 
    • Exhibit 163: ResMed Inc. - Overview
    • Exhibit 164: ResMed Inc. - Business segments
    • Exhibit 165: ResMed Inc. - Key news
    • Exhibit 166: ResMed Inc. - Key offerings
    • Exhibit 167: ResMed Inc. - Segment focus
  • 12.15 VitalConnect Inc. 
    • Exhibit 168: VitalConnect Inc. - Overview
    • Exhibit 169: VitalConnect Inc. - Product / Service
    • Exhibit 170: VitalConnect Inc. - Key offerings
  • 12.16 Wellue Health 
    • Exhibit 171: Wellue Health - Overview
    • Exhibit 172: Wellue Health - Product / Service
    • Exhibit 173: Wellue Health - Key offerings
  • 12.17 World Global Network 
    • Exhibit 174: World Global Network - Overview
    • Exhibit 175: World Global Network - Product / Service
    • Exhibit 176: World Global Network - Key offerings

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 177: Inclusions checklist
    • Exhibit 178: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 179: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 180: Research methodology
    • Exhibit 181: Validation techniques employed for market sizing
    • Exhibit 182: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 183: List of abbreviations

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Global Diagnostic Wearable Medical Devices Market 2023-2027

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