Medical wearables

$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