Global Wearable Medical Devices Market to See Double-Digit CAGR through 2022, Says Bhavya Bharati in Its Report Available at MarketPublishers.com08 Dec 2016 • by Natalie Aster
LONDON - Owing to a slew of essential advantages, the demand and adoption of wearable technology devices are gaining traction at a quite fast pace across various industries, including sports and fitness, medicine, education, transportation, gaming and entertainment, and other industries, where hands-free data collection is required and highly valued.
Rising demand for wearable devices from a great number of industries along with enhancing interest towards fitness, escalating awareness amid population, aging population and increasing adoption of healthy lifestyle habits encourage growth in the world’s wearable medical devices market. In the year 2014, the value of the market for wearable medical devices exceeded USD 3 billion. Through 2022, it is expected to keep on following an upward trend, registering a high double-digit CAGR.
New research report “Global Wearable Medical Devices Market, 2014 to 2022f” prepared by Bhavya Bharati presents a deep all-encompassing analysis of the current scenario in the world’s market for wearable medical devices, with a particular focus on top trends and future prospects. The publication casts light on the market shares and size, delves into the market dynamics, investigates the key market growth drivers, challenges, restraints and hinders; covers the competitive environment, providing 7 granular profiles of top market players; includes market segmentation analysis on the basis of device types, geography, applications. Moreover, this cutting-edge report offers Porter’s five forces analysis, a review of the key M&A trends and strategic partnerships. Holistic future forecasts for the market through 2022 are available here.
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