Diagnostic Wearable Medical Devices Market Size 2024-2028
The diagnostic wearable medical devices market size is forecast to increase by USD 8.76 billion at a CAGR of 15.69% between 2023 and 2028. The market is experiencing significant growth due to the increasing prevalence of chronic diseases and the rising adoption of these devices in the medical sector. Chronic diseases such as diabetes, cardiovascular diseases, and respiratory disorders have a large and growing patient population, creating a high demand for continuous monitoring and early detection. Diagnostic global wearable medical devices offer an effective solution by providing real-time health data, enabling timely intervention and improving patient outcomes. However, challenges persist in the form of user acceptance and adherence to these devices. Addressing these challenges through user-friendly designs, affordability, and effective communication strategies will be crucial for market growth. The market is expected to witness steady progress, driven by technological advancements and increasing consumer awareness towards preventive healthcare.
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 Device
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- 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
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global diagnostic wearable medical devices market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global diagnostic wearable medical devices market 2018 - 2022 ($ billion)
- 4.2 Device Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Device Segment 2018 - 2022 ($ billion)
- 4.3 Application Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Device
- 6.1 Market segments
- Exhibit 30: Chart on Device - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Device - Market share 2023-2028 (%)
- 6.2 Comparison by Device
- Exhibit 32: Chart on Comparison by Device
- Exhibit 33: Data Table on Comparison by Device
- 6.3 Vital signs monitors - Market size and forecast 2023-2028
- Exhibit 34: Chart on Vital signs monitors - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Vital signs monitors - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Vital signs monitors - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Vital signs monitors - Year-over-year growth 2023-2028 (%)
- 6.4 Sleep and activity monitors - Market size and forecast 2023-2028
- Exhibit 38: Chart on Sleep and activity monitors - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Sleep and activity monitors - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Sleep and activity monitors - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Sleep and activity monitors - Year-over-year growth 2023-2028 (%)
- 6.5 Fetal and obstetric monitoring devices - Market size and forecast 2023-2028
- Exhibit 42: Chart on Fetal and obstetric monitoring devices - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on Fetal and obstetric monitoring devices - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on Fetal and obstetric monitoring devices - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Fetal and obstetric monitoring devices - Year-over-year growth 2023-2028 (%)
- 6.6 Neuromonitoring devices - Market size and forecast 2023-2028
- Exhibit 46: Chart on Neuromonitoring devices - Market size and forecast 2023-2028 ($ billion)
- Exhibit 47: Data Table on Neuromonitoring devices - Market size and forecast 2023-2028 ($ billion)
- Exhibit 48: Chart on Neuromonitoring devices - Year-over-year growth 2023-2028 (%)
- Exhibit 49: Data Table on Neuromonitoring devices - Year-over-year growth 2023-2028 (%)
- 6.7 ECG monitors - Market size and forecast 2023-2028
- Exhibit 50: Chart on ECG monitors - Market size and forecast 2023-2028 ($ billion)
- Exhibit 51: Data Table on ECG monitors - Market size and forecast 2023-2028 ($ billion)
- Exhibit 52: Chart on ECG monitors - Year-over-year growth 2023-2028 (%)
- Exhibit 53: Data Table on ECG monitors - Year-over-year growth 2023-2028 (%)
- 6.8 Market opportunity by Device
- Exhibit 54: Market opportunity by Device ($ billion)
- Exhibit 55: Data Table on Market opportunity by Device ($ billion)
7 Market Segmentation by Application
- 7.1 Market segments
- Exhibit 56: Chart on Application - Market share 2023-2028 (%)
- Exhibit 57: Data Table on Application - Market share 2023-2028 (%)
- 7.2 Comparison by Application
- Exhibit 58: Chart on Comparison by Application
- Exhibit 59: Data Table on Comparison by Application
- 7.3 Home healthcare - Market size and forecast 2023-2028
- Exhibit 60: Chart on Home healthcare - Market size and forecast 2023-2028 ($ billion)
- Exhibit 61: Data Table on Home healthcare - Market size and forecast 2023-2028 ($ billion)
- Exhibit 62: Chart on Home healthcare - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Home healthcare - Year-over-year growth 2023-2028 (%)
- 7.4 Sports and fitness - Market size and forecast 2023-2028
- Exhibit 64: Chart on Sports and fitness - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Data Table on Sports and fitness - Market size and forecast 2023-2028 ($ billion)
- Exhibit 66: Chart on Sports and fitness - Year-over-year growth 2023-2028 (%)
- Exhibit 67: Data Table on Sports and fitness - Year-over-year growth 2023-2028 (%)
- 7.5 Remote patient monitoring - Market size and forecast 2023-2028
- Exhibit 68: Chart on Remote patient monitoring - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Data Table on Remote patient monitoring - Market size and forecast 2023-2028 ($ billion)
- Exhibit 70: Chart on Remote patient monitoring - Year-over-year growth 2023-2028 (%)
- Exhibit 71: Data Table on Remote patient monitoring - Year-over-year growth 2023-2028 (%)
- 7.6 Market opportunity by Application
- Exhibit 72: Market opportunity by Application ($ billion)
- Exhibit 73: Data Table on Market opportunity by Application ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 75: Chart on Market share by geography 2023-2028 (%)
- Exhibit 76: Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 77: Chart on Geographic comparison
- Exhibit 78: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 Asia - Market size and forecast 2023-2028
- Exhibit 87: Chart on Asia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on Asia - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on Asia - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on Asia - Year-over-year growth 2023-2028 (%)
- 9.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Exhibit 91: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- 9.7 US - Market size and forecast 2023-2028
- Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.8 China - Market size and forecast 2023-2028
- Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.9 UK - Market size and forecast 2023-2028
- Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.10 Germany - Market size and forecast 2023-2028
- Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.11 Japan - Market size and forecast 2023-2028
- Exhibit 111: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 112: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 113: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 114: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.12 Market opportunity by geography
- Exhibit 115: Market opportunity by geography ($ billion)
- Exhibit 116: Data Tables on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.3 Impact of drivers and challenges
- Exhibit 117: Impact of drivers and challenges in 2023 and 2028
11 Vendor Landscape
- 11.2 Vendor landscape
- Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 119: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 120: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 121: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 122: Matrix on vendor position and classification
- 12.3 Activinsights Ltd.
- Exhibit 123: Activinsights Ltd. - Overview
- Exhibit 124: Activinsights Ltd. - Product / Service
- Exhibit 125: Activinsights Ltd. - Key offerings
- 12.4 AliveCor Inc.
- Exhibit 126: AliveCor Inc. - Overview
- Exhibit 127: AliveCor Inc. - Product / Service
- Exhibit 128: AliveCor Inc. - Key offerings
- 12.5 Alphabet Inc.
- Exhibit 129: Alphabet Inc. - Overview
- Exhibit 130: Alphabet Inc. - Business segments
- Exhibit 131: Alphabet Inc. - Key news
- Exhibit 132: Alphabet Inc. - Key offerings
- Exhibit 133: Alphabet Inc. - Segment focus
- 12.6 BTS Bioengineering Corp.
- Exhibit 134: BTS Bioengineering Corp. - Overview
- Exhibit 135: BTS Bioengineering Corp. - Product / Service
- Exhibit 136: BTS Bioengineering Corp. - Key offerings
- 12.7 Cleveland Medical Devices Inc.
- Exhibit 137: Cleveland Medical Devices Inc. - Overview
- Exhibit 138: Cleveland Medical Devices Inc. - Product / Service
- Exhibit 139: Cleveland Medical Devices Inc. - Key offerings
- 12.8 Dragerwerk AG and Co. KGaA
- Exhibit 140: Dragerwerk AG and Co. KGaA - Overview
- Exhibit 141: Dragerwerk AG and Co. KGaA - Business segments
- Exhibit 142: Dragerwerk AG and Co. KGaA - Key offerings
- Exhibit 143: Dragerwerk AG and Co. KGaA - Segment focus
- 12.9 Intelesens Ltd.
- Exhibit 144: Intelesens Ltd. - Overview
- Exhibit 145: Intelesens Ltd. - Product / Service
- Exhibit 146: Intelesens Ltd. - Key offerings
- 12.10 Koninklijke Philips N.V.
- Exhibit 147: Koninklijke Philips N.V. - Overview
- Exhibit 148: Koninklijke Philips N.V. - Business segments
- Exhibit 149: Koninklijke Philips N.V. - Key news
- Exhibit 150: Koninklijke Philips N.V. - Key offerings
- Exhibit 151: Koninklijke Philips N.V. - Segment focus
- 12.11 Medtronic Plc
- Exhibit 152: Medtronic Plc - Overview
- Exhibit 153: Medtronic Plc - Business segments
- Exhibit 154: Medtronic Plc - Key news
- Exhibit 155: Medtronic Plc - Key offerings
- Exhibit 156: Medtronic Plc - Segment focus
- 12.12 Molex LLC
- Exhibit 157: Molex LLC - Overview
- Exhibit 158: Molex LLC - Product / Service
- Exhibit 159: Molex LLC - Key offerings
- 12.13 Murata Vios, Inc.
- Exhibit 160: Murata Vios, Inc. - Overview
- Exhibit 161: Murata Vios, Inc. - Product / Service
- Exhibit 162: Murata Vios, Inc. - Key offerings
- 12.14 OMRON Corp.
- Exhibit 163: OMRON Corp. - Overview
- Exhibit 164: OMRON Corp. - Business segments
- Exhibit 165: OMRON Corp. - Key news
- Exhibit 166: OMRON Corp. - Key offerings
- Exhibit 167: OMRON Corp. - Segment focus
- 12.15 ResMed Inc.
- Exhibit 168: ResMed Inc. - Overview
- Exhibit 169: ResMed Inc. - Business segments
- Exhibit 170: ResMed Inc. - Key news
- Exhibit 171: ResMed Inc. - Key offerings
- Exhibit 172: ResMed Inc. - Segment focus
- 12.16 VitalConnect Inc.
- Exhibit 173: VitalConnect Inc. - Overview
- Exhibit 174: VitalConnect Inc. - Product / Service
- Exhibit 175: VitalConnect Inc. - Key offerings
- 12.17 Wellue Health
- Exhibit 176: Wellue Health - Overview
- Exhibit 177: Wellue Health - Product / Service
- Exhibit 178: Wellue Health - Key offerings
13 Appendix
- 13.2 Inclusions and exclusions checklist
- Exhibit 179: Inclusions checklist
- Exhibit 180: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 181: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 182: Research methodology
- Exhibit 183: Validation techniques employed for market sizing
- Exhibit 184: Information sources
- 13.5 List of abbreviations
- Exhibit 185: List of abbreviations