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Global Diagnostic Wearable Medical Devices Market 2018 : Cleveland Medical Device, Fitbit, Medtronic, Omron Healthcare, Polar Electro, Basis Science, Drgerwerk

ResearchMoz presents professional and in-depth study of "Global Diagnostic Wearable Medical Devices Market Professional Survey Report 2018"

 

Albany, NY -- (SBWIRE) -- 09/01/2018 -- This report studies the global Diagnostic Wearable Medical Devices market status and forecast, categorizes the global Diagnostic Wearable Medical Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

Diagnostic wearable medical devices are used to monitor, control, and track an individual's vital signs at regular intervals. These devices are connected to an individuals body for the measurement of certain physiological information. They are available in the form of eyeglasses, watch, clothing, jewelry, and contact lenses. Diagnostic wearable medical devices monitor physiological data through remote or wireless communication and transmit this information to medical professionals or the user. These are autonomous, non-invasive devices that help assess specific medical functions such as blood pressure, body temperature, respiratory rate, glucose quantity, heart rate, and blood oxygen saturation. These devices also help determine parameters such as the heart rate, muscle activity, and calories burned during exercise and activities such as walking and jogging.

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The miniaturization of diagnostic wearables is one of the emerging trends spurring the growth prospects of this market during the predicted period. There has been an increasing focus on the development of smaller, more reliable, and more energy-efficient devices compared to the previous generations of wearables. For instance, a new ingestible tablet embedded with a sensor the size of a grain of salt was developed recently. This sensor is coupled with a wearable transmitter to monitor the physiological conditions and the intake of medications. Moreover, the miniaturization ofwearable health devicesis anticipated to have a positive impact on the rapidly growing IoT market. The advances in the IoT technology will enable future health systems to use wearables to establish connections and come up with standard solutions for diverse medical conditions.

The global diagnostic wearable medical devices market is anticipated to grow substantially during the forecast period and is characterized by the presence of several well-established global and regional players. However, as the global vendors are increasing their presence, the local vendors are finding it increasingly difficult to stay ahead in the competition. Players in the market are constantly looking for ways to enhance their market presence by focusing on the implementation of various new models and M&A.

In terms of geography, the Americas led the global diagnostic wearable medical devices market and is expected to reach close to USD 2 billion by 2020. Factors such as the emergence of new and technologically advancedwearable health devicessuch assmartwatches, glasses, smart clothes, and wristbands will aid in this market segments growth over the next four years. Moreover, the increasing awareness of chronic diseases that require continuous monitoring such as diabetes, CVDs, and obesity will drive this sector's growth until the end of 2020.

The global Diagnostic Wearable Medical Devices market is expected to grow steadily during 2018-2025.

The major manufacturers covered in this report
Cleveland Medical Device
Fitbit
Medtronic
Omron Healthcare
Polar Electro
Basis Science
Drgerwerk
Everist Genomics
Gentag
Intelesens
LifeWatch
Nuubo
Philips Healthcare
ResMed
Vital Connect
WinMedical

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Vital signs monitor
Sleep and activity monitor
Fetal and obstetric monitoring market
Neuromonitoring market
ECG monitors

By Application, the market can be split into
Sports and fitness
Remote patient monitoring
Home healthcare

The study objectives of this report are:
To analyze and study the global Diagnostic Wearable Medical Devices capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Diagnostic Wearable Medical Devices manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Diagnostic Wearable Medical Devices are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

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For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders
Diagnostic Wearable Medical Devices Manufacturers
Diagnostic Wearable Medical Devices Distributors/Traders/Wholesalers
Diagnostic Wearable Medical Devices Subcomponent Manufacturers
Industry Association
Downstream Vendors

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