Wearable Medical Devices Market
                     Wearable Medical 
Devices Market
Set to Exceed USD 85.6 Billion By 2027 | CAGR: 24.8% 
“Wearable Medical Devices Market Share, Size, Trends, 
Industry Analysis Report, By Device Type (Diagnostic 
Devices, Sleep Monitoring Devices, Neuro-monitoring 
Devices, Therapeutic Devices, Glucose Monitoring Devices, 
Respiratory Therapy Devices); By Site; By Application 
(Sports and Fitness, Remote Patient Monitoring, and Home 
Healthcare); By Regions; Segment Forecast, 2020 –2027”
Wearable Medical Devices Market Estimate & Forecast to 2027
The global Wearable Medical Devices market size is expected to reach USD 85.6 billion by 
2027 according to a new study by Polaris Market Research. The report “Wearable Medical 
Devices Market Share, Size, Trends, Industry Analysis Report, By Device Type 
(Diagnostic Devices, Sleep Monitoring Devices, Neuro-monitoring Devices, 
Therapeutic Devices, Glucose Monitoring Devices, Respiratory Therapy Devices); 
By Site; By Application (Sports and Fitness, Remote Patient Monitoring, and Home 
Healthcare); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into 
current market dynamics and provides analysis on future market growth.
 
Wearable medical devices are defined as the autonomous devices worn by the individual to 
provide medical or fitness monitoring and support over a period of time. They are either 
worn as a body accessory or being embedded in cloth or shoes. They incorporate non-
invasive sensors, wireless transmission, real time data processing capabilities, and also 
provide medical feedback.
 
The prominent factors favoring the wearable medical devices market growth include an 
increase in the prevalence of lifestyle-related diseases, consumer awareness towards 
fitness, and advancement in technology and medical innovation with ever increasing 
interest of consumer electronic companies. According to the study published by the 
International Diabetes Federation (IDF), in 2015, there were approximately 415 million 
diabetic people and it is expCeocpytrieghdt © Ptola riisn Mcarkret Raeseaerc ht &o C o6ns4ult0ing  mLLPi 2l0l1io8. nAll Rbigyhts  R2e0se4rve0d . The high prevalence of 2
diabetes is an important driver boosting market growth.
Wearable Medical Devices Market Estimate & Forecast to 2027
With a spike in infectious diseases over the past decade, the Stanford Healthcare Innovation 
Lab (SHIL) set up a team to study the impact of wearables to track infectious diseases. 
Moreover, in April 2020, Scripps Research Translational Institute (SRTI) launched DETECT, 
under which data from activity trackers and smart watches would be integrated into public 
health surveillance program for proactive disease tracking and population health programs.
Access Research Report On Wearable Medical Devices Market
 
Market participants such as Medtronic plc, OMRON Corp., Biotelemetry Inc., Apple, Inc., 
Koninklijke Philips, Dexcom Inc., Abbott Laboratories, Verily Life Sciences, GE Healthcare, 
Bio-Beat Technologies, Masimo Corporation, iRhythm Technologies, Inc., Preventice 
Solutions, Inc., CONTEC Medical Systems Co. Ltd, VitalConnect, Minttihealth, Biotricity Inc., 
Cyrcadia Asia Limited., Garmin Ltd, Xiaomi Technologies, ten3T healthcare, Fitbit, Inc., and 
Huawei Corporation are some of the key players operating in the Wearable Medical Devices 
market.
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Wearable Medical Devices Market Size
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About Us
Polaris Market Research is a global market research and consulting company. The company 
specializes in providing exceptional market intelligence and in-depth business research services 
for our clientele spread across different enterprises. We at Polaris are obliged to e present across 
the industries of healthcare, technology, semi-conductors and chemicals among various other 
industries present around the world. 
We strive to provide our customers with updated information on innovative technologies, high 
growth markets, emerging business environments and latest business-centric applications, 
thereby helping them always to make informed decisions and leverage new opportunities. Adept 
with a highly competent, experienced and extremely qualified team of experts comprising SMEs, 
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our 
customers.
 
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