DUBLIN–(BUSINESS WIRE)–The “Global Clinical-grade Wearables Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering.
In this study, the global clinical-grade wearables market is segmented into cardiac wearables, clinical-grade consumer wearables, blood pressure monitors, and multiparameter monitors.
This study will provide a detailed overview of clinical- or medical-grade wearable devices for monitoring and diagnosis. It covers clinical-grade wearables for vital sign monitoring, cardiovascular monitoring, and physiological parameter tracking. The study period is 2019-2026.
The healthcare industry is facing a shortage of resources, including its workforce. This strain has increased the demand for remote monitoring technologies. Moreover, the COVID-19 pandemic has fueled demand for home-based care and telehealth services. This sudden increase in remote monitoring and home-based care drives the need for regulated monitoring devices. Wearable devices aid in continuous remote monitoring of patients and are used for disease diagnosis and treatment.
Additionally, wearable devices used for continuously monitoring patients in hospital wards to reduce hospital staff workload, provide patient mobility, and detect early health deterioration are boosting market growth potential. Consumers have also started adopting wearable devices to monitor their chronic diseases. Moreover, the growing geriatric population drives demand for wearable devices at nursing homes and home-based hospitals.
Many consumer-grade wearable device companies, such as Apple and Fitbit, are entering the medical-grade wearables market to meet increasing demand. These companies are gaining regulatory clearance for product features such as atrial fibrillation detection for cardiac arrhythmia monitoring. Consequently, the market is experiencing a convergence between consumer-grade and medical-grade wearable devices.
Cardiac wearables are the fastest growing device segment due to increasing demand for continuous ECG monitoring, the most targeted feature for regulatory approval by consumer wearable device companies. Blood pressure monitoring is another popular feature poised to gain traction. North America is the largest market for wearable devices, while Asia-Pacific is the fastest-growing market because of the increasing acceptance of remote monitoring technologies.
Key Topics Covered:
1. Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top 3 Strategic Imperatives on the Clinical-grade Wearables Industry
Growth Opportunities Fuel the Growth Pipeline Engine
2. Growth Opportunity Analysis
Clinical-grade Wearables Market Scope of Analysis
Segmentation
Key Competitors
Growth Metrics
Wearables – Market Definitions
Clinical-grade Wearables – Applications
Growth Drivers
Growth Restraints
Forecast Assumptions
Revenue Forecast
Revenue Forecast by Product
Revenue Forecast by Region
Revenue Forecast Analysis
Revenue Forecast Analysis by Region
Pricing Trends and Forecast Analysis
Competitive Environment
Revenue Share
Revenue Share Analysis
Revenue Share
Revenue Share Analysis
3. Monitoring Devices
Wearables as Monitoring Devices
Wearables in the Monitoring Market
Clinical-grade Wearables – Monitoring Parameter Analysis
Clinical-grade Wearables – Device Type and Location
4. Growth Opportunity Analysis – Cardiac Wearables
Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis
5. Growth Opportunity Analysis – Clinical-grade Consumer Wearables
Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis
6. Growth Opportunity Analysis – Blood Pressure Monitors
Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis
7. Growth Opportunity Analysis – Multiparameter Monitors
Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Forecast Analysis
8. Future Trends
Clinical-grade Wearables – Business Models
Clinical-grade Wearables – Future Outlook
9. Growth Opportunity Universe
Growth Opportunity 1: Customizable Service-based Solutions and Platforms
Growth Opportunity 2: AI-based Wearables Offering Early Disease Prediction and Predictive Insights
Growth Opportunity 3: Continuous Remote Monitoring for Home-based Care
Growth Opportunity 4: Wearable Vital Sign Monitoring Devices for Hospitals
Growth Opportunity 5: Multiparameter Monitoring with Better Accuracy and Longer Battery Life
10. Next Steps
For more information about this report visit https://www.researchandmarkets.com/r/merhto
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