$7.4 BILLION: 2020
$19.5 BILLION: 2025
21.4%: Compound annual growth rate
VITAL SIGNS MONITORING:
- Largest clinical-grade market share
- Growing number of compact, user-friendly devices
- Improved graphical user interface (GUI) for visibility, data
WEARABLE PATCHES:
- 3G/4G connections driving adoption
- Advancing technology shrinking sizes, adding features
- Enhanced ease of use, data transmission
HIGHEST GROWTH USERS:
- Long-term care centers
- Nursing homes
- Assisted-living facilities
TOP 5 CLINICAL-GRADE WEARABLE MARKETS:
- #1 – North America
- #2 – Europe
- #3 – Asia Pacific
- #4 – Latin America
- #5 – Middle East & Africa
KEY MARKET PLAYERS:
- Medtronic plc
- Apple Inc.
- VitalConnect
- Masimo Corp.
- Koninklijke Philips N.V.
- iRthym Technologies Inc.
- Omron Corp.
- BioTelemetry Inc.
- Bio-beat Technologies
- GE Healthcare
- Abbott Laboratories
- Vivalnk
Source: reportlinker.com
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