Wearable Medical Devices Global Market Opportunities And Strategies To 2022 Including: Consumer Wearables And Non-Consumer Wearables Covering: Koninklijke Philips N.V., Omron Corporation, Zephyr Technology Corporation (a part of Medtronic), Fitbit Inc., Johnson and Johnson, Boston Scientific Corporation, LifeWatch AG

Wearable Medical Devices Global Market Opportunities And Strategies To 2022 Including: Consumer Wearables And Non-Consumer Wearables Covering: Koninklijke Philips N.V., Omron Corporation, Zephyr Technology Corporation (a part of Medtronic), Fitbit Inc., Johnson and Johnson, Boston Scientific Corporation, LifeWatch AG


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Executive Summary

Wearable medical devices are small electronic products, often consisting of one or more sensors, and having computational capability. They are embedded into items that are attach to the body parts, such as head, feet, arms, wrists and waist. They can resemble a watch, eyeglasses, some clothing, contact lenses, shoes or even jewellery.

Wearable medical devices can be generally divided based on consumer or non-consumer applications. These two categories can be further segmented based on the particular sector the product targets.

 

The global wearable medical devices market grew from USD 3.1 billion in 2014 to USD 5.2 billion in 2017 at a compound annual growth rate (CAGR) of 13.80%. It is expected to grow from USD 5.2 billion in 2017 to USD 13.5 billion in 2022 at a CAGR of 17.23%. The growth will result from an increasing demand for smart watches, growing demand for wearable monitors and increasing use of wearable devices for cardiovascular disease management.

 

By type of device, consumer wearables segment was the largest accounting for 63% of the market. The segment's share is expected to grow to 74% in 2018. The consumer wearable market segment includes general consumer, fitness and sports, fashion and apparel, home automation and remote identi?cation, and gaming and recreation.

 

The wearable medical devices market in Americas was the largest in the world. In 2017, it accounted for about 48% of the global wearable medical devices market. The principle factors behind such dominance of Americas region is presence of large number of key players, favourable government policies and awareness among the population about health monitoring devices.

 

Based on type of product, the market was dominated by diagnostic devices with more than 60% share during the forecast period, due to rising incidence of chronic diseases as well as increasing demand for health monitoring devices. In addition, increasing awareness among the population about diagnostic wearable medical devices, higher healthcare spending, and supportive government programs promoting the regular screening of individuals are also contributing to the growth of this market.



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1. Executive Summary

1.1. Global Wearable Medical Devices Market Segmentation, 2016 and 2022

1.2. Global Wearable Medical Devices Market, Split By Geography, 2015 and 2022

2. Report's Scope

3. Market Characteristics

4. Global Wearable Medical Devices Market Size And Growth

4.1. Drivers, Restraints and Opportunities

5. Porter's Five Forces Analysis

5.1. Threat Of Substitutes

5.2. Bargaining Power Of Suppliers

5.3. Threat Of New Entrants

5.4. Bargaining Power Of Buyers

6. Global Wearable Devices Market Segmentation

6.1. Global Wearable Devices Market, Consumer Segment

6.2. Global Wearable Devices Market, Non-Consumer Segment

6.3. Global Wearable Devices Market, By Product Category

7. Global Wearable Medical Devices Market, By Type Of Device

7.1. Global Wearable Medical Devices Market, Therapeutic Devices

7.2. Global Wearable Medical Devices Market, Diagnostic Devices

7.3. Global Wearable Medical Devices Market, By Site Of Application

8. Global Wearable Medical Devices Market Regional And Country Analysis

8.1. Americas

8.1.1. Americas Wearable Medical Devices Market Segmentation, By Type Of Device

8.1.2. Americas Wearable Medical Devices Market Segmentation, By Site Of Application

8.2. Asia-Pacific

8.2.1. Asia-Pacific Wearable Medical Devices Market Segmentation, By Type Of Device

8.2.2. Asia-Pacific Wearable Medical Devices Market Segmentation, By Site Of Application

8.3. EMEA (Europe, Middle East and Africa)

8.3.1. EMEA Wearable Medical Devices Market Segmentation, By Type Of Device

8.3.2. EMEA Wearable Medical Devices Market Segmentation, By Site Of Application

9. Industry Overview

9.1. History Of Wearable Medical Devices

9.2. Market Indicators

9.3. Wearable Technology Facts

9.4. Recent Technology Developments

10. Mergers And Acquisitions

11. Competitive Analysis

11.1. Company Profiles

11.2. Koninklijke Philips N.V.

11.2.1. Company Overview

11.2.2. Products And Services

11.2.3. Financial Analysis (Reported Currency-EUR)

11.2.4. Business Strategy

11.2.5. SWOT Analysis

11.2.6. Investments

11.2.7. Key Executives

11.3. Omron Corporation

11.3.1. Company Overview

11.3.2. Products And Services

11.3.3. Financial Analysis (Reported Currency-JPY)

11.3.4. Business Strategy

11.3.5. SWOT Analysis

11.3.6. Investments

11.3.7. Key Executives

11.4. Zephyr Technology Corporation (a part of Medtronic)

11.4.1. Company Overview

11.4.2. Products And Services

11.4.3. Key Executives

11.5. Fitbit Inc.

11.5.1. Company Overview

11.5.2. Products And Services

11.5.3. Financial Analysis (Reported Currency-USD )

11.5.4. Key Executives

11.6. Johnson and Johnson

11.6.1. Company Overview

11.6.2. Products And Services

11.6.3. Financial Analysis (Reported Currency-USD )

11.6.4. Business Strategy

11.6.5. SWOT Analysis

11.6.6. Investments

11.6.7. Key Executives

11.7. Boston Scientific Corporation

11.7.1. Company Overview

11.7.2. Products And Services

11.7.3. Financial Analysis (Reported Currency-USD )

11.7.4. Business Strategy

11.7.5. SWOT Analysis

11.7.6. Investments

11.7.7. Key Executives

11.8. LifeWatch AG

11.8.1. Company Overview

11.8.2. Products And Services

11.8.3. Financial Analysis (Reported Currency-CHF)

11.8.4. Business Strategy

11.8.5. SWOT Analysis

11.8.6. Investments

11.8.7. Key Executives

12. Appendix

12.1. Research Methodology

12.2. Market Data Sources

12.3. Glossary Of Terms

12.4. Currencies

12.5. Research Inquiries

13. The Business Research Company

Figure 1: Global Wearable Medical Devices Market, By Type Of Device, 2016 and 2022

Figure 2: Global Wearable Medical Devices Market, By Site Of Application, 2017 and 2022

Figure 3: Global Wearable Medical Devices Market, Split By Geography, 2015 and 2022

Figure 4: Global Wearable Medical Devices Market, Report's Scope

Figure 5: Global Wearable Medical Devices Market, Historic And Forecast, 2014-2022

Figure 6: Global Wearable Medical Devices Market, Drivers, Restraints and Opportunities

Figure 7: Global Wearable Medical Devices Market, Porter's Five Forces Analysis

Figure 8: Global Wearable Devices Market, Historic And Estimated, By Application Type, USD Billion, 2015 and 2018

Figure 9: Global Wearable Devices Market, Consumer Segment, By Application, Historic and Estimated, 2016 and 2018

Figure 10: Global Wearable Devices Market, Consumer Segment, Historic And Estimated, Split By Geography, 2016 and 2018

Figure 11: Global Wearable Devices Market, Non-Consumer Segment, Historic And Estimated, By Application 2016 and 2018

Figure 12: Global Wearable Devices Market, Non-Consumer Segment, Split By Geography, 2016 and 2018

Figure 13: Global Wearable Devices Market, Historic, By Product Category, 2014-2016

Figure 14: Global Wearable Medical Devices Market, Historic And Forecast, By Type Of Device, USD Billion, 2014-2022

Figure 15: Global Wearable Medical Devices Market, Historic And Forecast, Split By Geography, USD Billion, 2017 and 2022

Figure 16: Connected Wearable Medical Devices, Historic And Forecast, Millions, 2015-2020

Figure 17: Aging Population (65+) As A Share Of Total Population, By Country, %, 2011 and 2020

Figure 18: Share Of Smart Devices And Connections, By Region, %, 2015 and 2020

Figure 19: USA Adult Wearable Medical Devices Users, Historic And Forecast, Million, 2014-2019

Figure 20: Global Wearable Medical Devices Market, Competitors' Shares, 2015 and 2016

Figure 21: Koninklijke Philips N.V., Revenue Change, Historic, EUR Million, 2013-2017

Figure 22: Koninklijke Philips N.V., Revenue, Split By Segment, EUR Billion, 2017

Figure 23: Koninklijke Philips N.V., Revenue, Split By Geography, EUR Billion, 2017

Figure 24: Omron Corporation, Revenue Change, Historic, JPY Billion, 2014-2018

Figure 25: Omron Corporation, Revenue, Split By Product, JPY Billion, 2017

Figure 26: Omron Corporation, Revenue, Split By Geography, JPY Billion, 2017

Figure 27: Firbit Inc., Revenue Change, Historic, USD Million, 2014-2017

Figure 28: Fitbit Inc., Revenue, Split By Geography, USD Million, 2017

Figure 29: Johnson And Johnson, Revenue Change, Historic, USD Million, 2013-2017

Figure 30: Johnson and Johnson, Revenue, Split By Segment, USD Billion, 2017

Figure 31: Johnson and Johnson, Revenue, Split By Geography, USD Billion, 2017

Figure 32: Boston Scientific Corporation, Revenue Change, Historic, USD Million, 2013-2017

Figure 33: Boston Scientific Corporation, Revenue, Split By Segment, USD Billion, 2017

Figure 34: Boston Scientific Corporation, Revenue, Split By Geography, USD Billion, 2017

Figure 35: LifeWatch AG, Revenue Change, Historic, CHF Million, 2012-2016

Figure 36: LifeWatch AG, Revenue, Split By Segment, USD Million, 2017

Figure 37: LifeWatch AG, Revenue, Split By Geography, USD Million, 2017

 

Table 1: Global Wearable Medical Devices Market, Therapeutic Devices, Historic And Forecast, By Segment, 2014-2022

Table 2: Global Wearable Medical Devices Market, Diagnostic Devices, Historic And Forecast, By Segment, 2014-2022

Table 3: Global Wearable Medical Devices Market, Historic And Forecast, By Site Of Application, 2014-2022

Table 4: Global Wearable Medical Devices Market, Historic And Forecast, Split By Geography, USD Billion, 2014-2022

Table 5: Americas Wearable Medical Devices Market, Historic And Forecast, By Type Of Device, USD Billion, 2014-2022

Table 6: Americas Wearable Medical Devices Market, Historic And Forecast, By Site Of Application, USD Billion, 2014-2022

Table 7: Asia-Pacific Wearable Medical Devices Market, Historic And Forecast, By Type Of Device, USD Billion, 2014-2022

Table 8: Asia-Pacific Wearable Medical Devices Market, Historic And Forecast, By Site Of Application, USD Billion, 2014-2022

Table 9: EMEA Wearable Medical Devices Market, Historic And Forecast, By Type Of Device, USD Billion, 2014-2022

Table 10: EMEA Wearable Medical Devices Market, Historic And Forecast, By Site Of Application, USD Billion, 2014-2022

Table 11: Global Wearable Medical Devices Market, Market Data Sources

Table 12: Company Profile, Koninklijke Philips N.V.

Table 13: Philips Key Executive Mapping

Table 14: Company Profile, Omron Corporation

Table 15: Omron Corporation Key Executive Mapping

Table 16: Company Profile, Zephyr Technology Corporation

Table 17: Zephyr Technology Corporation Key Executive Mapping

Table 18: Company Profile, Fitbit Inc.

Table 19: Fitbit Inc. Key Executive Mapping

Table 20: Company Profile, Johnson and Johnson

Table 21: Johnson and Johnson Key Executive Mapping

Table 22: Company Profile, Boston Scientific Corporation

Table 23: Boston Scientific Corporation Key Executive Mapping

Table 24: Company Profile, LifeWatch AG

Table 25: LifeWatch AG Key Executive Mapping

Table 26: Global Wearable Medical Devices Market, Market Data Sources

Table 27: Global Wearable Medical Devices Market, Glossary Of Terms

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North America: Cardiac Insight Inc., Fitbit, Nokia Technologies, Qualcomm, Basis Science, Inc.

South America: Fitbit, Omron Corporation, Sotera Wireless, Inc.

Western Europe: iRhythm Technologies, LifeWatch AG, Polar Electro Oy, Monica Healthcare Ltd, NUUBO Smart Solutions Technologies, SL, Cosinuss GmbH, Advanced Digital Innovation (UK) Ltd

Eastern Europe: Dragerwerk AG, AISENS Sp. z o.o.

Asia-Pacific: Omron Corporation, Xiaomi Corporation, LG Electronics Inc., Samsung Group, Panasonic Corporation, AsusTek Computer Inc., Casio Computer Co., Ltd., Sony Corporation

Middle East: Oxitone, Tempdrop, ContinUse Biometrics Ltd.

Africa: Koninklijke Philips N.V., Stryker Corporation, Johnson & Johnson

Consumer Wearables And Non-Consumer Wearables

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