Healthcare wearables market size to grow to $7.77 billion, Abbott Laboratories and Dexcom Inc. among key vendors

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Read the report with TOC on “Health Care Wearables Market Analysis Report by Product (Vital Sign Monitors, Glucose Monitors, Sleep Apnea Monitors, and Others), End User (Hospitals and Clinics, Nursing Homes), elderly and others) and geographical (North America, Europe, Asiaand ROW), and Forecasts by Segment, 2021-2025″. See our snapshot of the report

market challenge

Lack of data privacy and security. is challenging market growth. Portable healthcare devices store vast amounts of vital and sensitive information about users’ activities, including location information. However, these devices are prone to security issues. Therefore, end-users are concerned about their privacy and security, which will restrict the growth of the global portable healthcare devices market during the forecast period.

Top Wearable Healthcare Device Companies:

  • Abbott Laboratories
  • Apple Inc.
  • dexcom inc.
  • fitbit inc.
  • garmin ltd
  • general electrical company
  • Koninklijke Philips NV
  • Masimo Corporation
  • medtronic plc
  • OMRON Corporation

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Key Vendor Offers

  • Abbott Laboratories – The company offers a cardiac monitor Rx ICM, which continuously collects and analyzes data about the heartbeat.
  • Dexcom Inc.- The company offers the Dexcom G6 CGM system, which helps track glucose levels.
  • Fitbit Inc- The company offers its Fitbit range of smartwatches, which help in fitness and wellness tracking.
  • Garmin SL- The company offers sports watches like Venu 2/2S, Venu Sq and many others.
  • General Electric Company – The company offers portable health care products such as CARESCAPE ONE.

Healthcare Wearables Market Product Outlook (Revenue, Billion USD, 2020-2025)

  • Vital Signs Monitors: Size and Forecast 2020-2025
  • Glucose monitors – size and forecast 2020-2025
  • Sleep Apnea Monitors – Size and Forecast 2020-2025
  • Others – size and forecast 2020-2025

Healthcare Wearable Devices Market End User Outlook (Revenue, Billion USD, 2020-2025)

  • Hospitals and clinics: size and forecast 2020-2025
  • Nursing Homes: Size and Forecast 2020-2025
  • Others – size and forecast 2020-2025

Geographic Perspective of the Portable Healthcare Devices Market (Revenue, Billion USD, 2020-2025)

  • North America – size and forecast 2020-2025
  • Europe – size and forecast 2020-2025
  • Asia – size and forecast 2020-2025
  • ROW – size and forecast 2020-2025

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Scope of the wearable healthcare device market

Report Coverage

Details

Page number

120

base year

2020

forecast period

2021-2025

Growth momentum and CAGR

Accelerates at a CAGR of 14.67%

Market growth 2021-2025

$7.77 billion

market structure

Fragmented

YoY growth (%)

10.40

regional analysis

North America, Europe, Asia and rest of the world

Contribution to the real market

North America at 38%

Main consuming countries

United States, Germany, Canada, Japan, United Kingdom, Netherlands, Mexico, France, and India

competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Abbott Laboratories, Apple Inc., Dexcom Inc., Fitbit Inc., Garmin Ltd., General Electric Co., Koninklijke Philips NV, Masimo Corp., Medtronic Plc, and OMRON Corp.

market dynamics

Major Market Analysis, Market Growth Drivers and Obstacles, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period

Customization Scope

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Table of Contents

Executive Summary

market landscape

  • market ecosystem
  • Analysis of the value chain

Size of the market

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • The bargaining power of buyers
  • The power of provider’s negociation
  • Threat of new entrants
  • Threat of substitutes
  • rivalry threat
  • market condition

Market segmentation by product

  • Market segments
  • Product Comparison
  • Vital Signs Monitors – Market Size and Forecast 2020-2025
  • Glucose Monitors: Market Size and Forecast 2020-2025
  • Sleep Apnea Monitors – Market Size and Forecast 2020-2025
  • Others – Market Size and Forecast 2020-2025
  • Market opportunity by product

Market segmentation by end user

  • Market segments
  • Comparison by end user
  • Hospitals and Clinics: Market Size and Forecast 2020-2025
  • Nursing Homes: Market Size and Forecast 2020-2025
  • Others – Market Size and Forecast 2020-2025
  • Market opportunity by end user

Customer Landscape

Geographic Landscape

  • Geographical segmentation
  • Geographic Comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • Asia – Market size and forecast 2020-2025
  • ROW – Market Size and Forecast 2020-2025
  • Main leading countries
  • Market opportunity by geography
  • market indicators
  • market challenges
  • market trends

Provider Landscape

  • Provider Landscape
  • landscape disruption

Supplier analysis

  • Covered Providers
  • Positioning in the market of suppliers.
  • Abbott Laboratories
  • Apple Inc.
  • dexcom inc.
  • fitbit inc.
  • garmin ltd
  • general electrical company
  • Koninklijke Philips NV
  • Masimo Corporation
  • medtronic plc
  • OMRON Corporation

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • list of abbreviations

About Technavio

Technavio is a world leader in technology research and consulting. His research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s reporting library consists of more than 17,000 reports and counting, spanning 800 technologies and spanning 50 countries. Its client base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market insights to identify opportunities in existing markets and and assess their competitive positions within changing market scenarios.

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