Wearable Healthcare Devices market in terms of revenue was estimated to be worth $16.2 billion in 2021 and is poised to reach $30.1 billion by 2026, growing at a CAGR of 13.2% from 2021 to 2026 according to a latest report published by MarketsandMarkets™. Increasing awareness of fitness, lifestyle, and home healthcare, development of technologically advanced products and growing geriatric population and subsequent increase in the incidence of chronic diseases are the major factors driving the wearable healthcare devices market’s growth.
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Wearable Healthcare Devices Market Scope:
| Report Coverage | Details |
| Market Revenue in 2021 | $16.2 billion |
| Estimated Value by 2026 | $30.1 billion |
| Growth Rate | Poised to grow at a CAGR of 13.2% |
| Market Size Available for | 2019-2026 |
| Forecast Period | 2021-2026 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product, device type, grade type, distribution channel, application and region |
| Geographies Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
| Report Highlights | Updated financial information / product portfolio of players |
| Key Market Opportunities | Increasing adoption of artificial intelligence and 5G |
| Key Market Drivers | Increasing awareness of fitness, lifestyle, and home healthcare |
Wearable Healthcare Devices market major players covered in the report, such as:
- Koninklijke Philips N.V. (Netherlands)
- Apple Inc. (US)
- GE Healthcare (US)
- Fitbit Inc. (US)
- Abbott Laboratories (US)
- OMRON Corporation (Japan)
- Garmin Ltd. (US)
- Dexcom Inc. (US)
- Masimo Corporation (US)
- Medtronic PLC (Ireland)
- BioTelemetry Inc. (US)
- Preventice Solutions Inc. (US)
- iRhythm Technologies Inc. (US)
- Contec Medical Systems Co. Ltd. (China)
- MediBioSense Ltd. (UK)
- VitalConnect (US)
- Cyrcadia Health Inc. (US)
- Ten3T Healthcare (India)
- Verily Life Sciences (US)
- MinttiHealth (China)
- Bio-Beat (Israel)
- Biotricity Inc. (US)
- iHealth Lab Inc. (US)
- Vivalink (US)
- Gentag (US)
- and Among Others
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This report categorizes the wearable healthcare devices market into the following segments and subsegments:
By Product
- Trackers
- Smartwatches
- Pathes
- Smart Clothing
By Device Type
- Diagnostic and Monitoring Devices
- Vital Sign Monitoring Devices
- Multiparameter Tracker
- ECGHeart Rate Monitors
- Blood Pressure Monitors
- Pulse Oximeters
- Glucose Monitoring Devices
- Wrist Actigraphs
- Polysomnography Devices
- Sleep Monitoring Devices
- Fetal monitoring and Obstetric Devices
- Neuromonitoring Devices
- Other Diagnostic and Monitoring Devices
- Vital Sign Monitoring Devices
- Traditional Diagnostic Tests
- Pain Management Devices
- Rehabilitation Devices
- Respiratory Therapy Devices
- Insulin Pumps
By Grade Type
- Consumer-Grade Wearable Healthcare Devices
- Clinical-Grade Wearable Healthcare Devices
By Distribution Channel
- Pharmacies
- Online Channel
- Hypermarkets
By Application
- General Health and Fitness
- Remote Patient Monitoring
- Home Healthcare
By Region
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia and New Zealand
- Rest of Asia Pacific
- Latin America
- Middle East & Africa
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