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DUBLIN–(BUSINESS WIRE)–Oct 19, 2020–
The “Wireless Health and Fitness Devices – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com‘s providing.
World Wi-fi Well being and Health Gadgets Market to Attain 464.6 Million Models by 2027
Amid the COVID-19 disaster, the worldwide marketplace for Wi-fi Well being and Health Gadgets estimated at 221.6 Million Models within the 12 months 2020, is projected to succeed in a revised dimension of 464.6 Million Models by 2027, rising at a CAGR of 11.2% over the evaluation interval 2020-2027.
Sports activities & Health, one of many segments analyzed within the report, is projected to report a 10.1% CAGR and attain 280.Four Million Models by the top of the evaluation interval. After an early evaluation of the enterprise implications of the pandemic and its induced financial disaster, development within the Distant Well being Monitoring section is readjusted to a revised 12.1% CAGR for the following 7-year interval.
The U.S. Market is Estimated at 59.9 Million Models, Whereas China is Forecast to Develop at 14.7% CAGR
The Wi-fi Well being and Health Gadgets market within the U.S. is estimated at 59.9 Million Models within the 12 months 2020. China, the world’s second largest financial system, is forecast to succeed in a projected market dimension of 99.2 Million Models by the 12 months 2027 trailing a CAGR of 14.5% over the evaluation interval 2020 to 2027. Among the many different noteworthy geographic markets are Japan and Canada, every forecast to develop at 7.8% and 9.6% respectively over the 2020-2027 interval. Inside Europe, Germany is forecast to develop at roughly 8.7% CAGR.
Skilled Healthcare Section to Document 15.8% CAGR
Within the international Skilled Healthcare section, USA, Canada, Japan, China and Europe will drive the 14.9% CAGR estimated for this section. These regional markets accounting for a mixed market dimension of 13.Eight Million Models within the 12 months 2020 will attain a projected dimension of 36.Four Million Models by the shut of the evaluation interval. China will stay among the many quickest rising on this cluster of regional markets. Led by international locations similar to Australia, India, and South Korea, the market in Asia-Pacific is forecast to succeed in 68 Million Models by the 12 months 2027, whereas Latin America will broaden at a 17.5% CAGR via the evaluation interval.
The report presents concise insights into how the pandemic has impacted manufacturing and the purchase facet for 2020 and 2021. A brief-term phased restoration by key geography can also be addressed.
Key Subjects Lined:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Wi-fi Well being and Health Gadgets: Enabling Clever, Handy, Digital, Passive, and Steady Healthcare Monitoring
- Development Drivers in a Nutshell
- Key Challenges Summarized
- Latest Market Exercise
- Convergence of Well being and Health Gadgets with Info Know-how Remodel the Healthcare Trade
- Wi-fi Healthcare Gadgets: Merger of Shopper Electronics with Skilled Medical Gear
- Wearable Know-how: Intertwined Carefully with the Increasing Healthcare Supply Mannequin
- Merchandise and Apps that Combine Knowledge from Diversified Sources: Way forward for Health and Well being Monitoring Gadgets
- Inexpensive Healthcare
- Preventive Healthcare
- Persistent Illness Administration
- Healthcare Providers Anytime Anyplace
- Key Challenges with Regard to Use of Wi-fi-based Options within the Healthcare System
- Regardless of Limitations, Myriad Well being and Wellness Advantages of Wi-fi Healthcare Gadgets Drive Widespread Adoption
- Customized Well being and Health
- Enhanced Sleep High quality
- Healthcare and Insurance coverage
- Market Fortunes Intrinsically Tied to the General Medical Gadgets Trade
- Way forward for Medical Gadgets is All About IT-Enabled Gadgets
- 3D Printing: A Increase for Medical System Manufacturing
- Partnerships with Specialists Important for Wi-fi Medical Gadgets Manufacturing
- World Market Outlook
- Developed Markets Dominate, whereas Growing Nations Spearhead Market Development
- World Competitor Market Shares
- Wi-fi Well being and Health Gadgets Competitor Market Share State of affairs Worldwide (in %): 2020 & 2029
- Impression of Covid-19 and a Looming World Recession
2. FOCUS ON SELECT PLAYERS
- Abbott Diabetes Care, Inc. (USA)
- adidas AG (Germany)
- Alive Applied sciences Pty. Ltd. (Australia)
- Apple, Inc. (USA)
- ASUSTeK Laptop, Inc. (Taiwan)
- Beurer GmbH (Germany)
- Dexcom, Inc. (USA)
- Entra Well being Techniques LLC (USA)
- Fitbit, Inc. (USA)
- Garmin Ltd. (USA)
- GE Healthcare (USA)
- Google Inc. (USA)
- iHealth Labs, Inc. (USA)
- Intelesens Ltd. (UK)
- Isansys Lifecare Ltd. (UK)
- Motorola Mobility LLC (USA)
- LG Electronics Inc. (South Korea)
- LifeWatch AG (Switzerland)
- Medtronic plc (Eire)
- Misfit, Inc. (USA)
- NeuroSky, Inc. (USA)
- Nike, Inc. (USA)
- Nonin Medical, Inc. (USA)
- Nokia Company (Finland)
- Withings SA (France)
- NUUBO Sensible Options Applied sciences, SL (Spain)
- Omron Healthcare Co., Ltd. (Japan)
- Oregon Scientific, Inc. (USA)
- Philips Healthcare (The Netherlands)
- Polar Electro Oy (Finland)
- Samsung Electronics Co., Ltd. (South Korea)
- Sony Company (Japan)
- Suunto Oy (Finland)
- Beneath Armour, Inc. (USA)
- Important Join, Inc. (USA)
- Winmedical Srl (Italy)
- Xiaomi Inc. (China)
3. MARKET TRENDS & DRIVERS
- Fast Proliferation of Sensible and Clever Wi-fi Well being and Health Gadgets: The Basic Development Driver
- Sensible Health Trackers: Integrating Clever Applications and Sensible Sensors for Actual-time Communication of Important Metrics
- Wi-fi Skilled Healthcare Gadgets Revolutionize Shopper Healthcare in Hospital Settings
- Pressing Want for Democratization of Healthcare Drives Demand for Cell Well being (mHealth) Gadgets
- mHealth: A Key Enabler of Knowledge Exterior the Hospital Setting
- Digital Communication inside the Hospital Setting Account for Largest Share of the mHealth Platform
- mHealth for Tagging Mobility Aids and Hospital Employees
- Brilliant Future Projected for mHealth Gadgets
- Rising Prominence of Synthetic Intelligence and Huge Knowledge Analytics in Digital Well being Gives the Good Platform for Market Development
- Penetration of Wearable Well being Gadgets Fuels Demand for Healthcare Huge Knowledge Analytics
- Booming Demand for Huge Knowledge Purposes within the Healthcare Sector
- Rising Knowledge from Wearable Gadgets Prompts Enterprises to Redesign Info Infrastructures
- Rising Have to Cut back Human Dependency and Human-Related Errors Drives Prospects for Healthcare IoT
- Low Price, Vast Utilization of Sensors, and Different Advantages Drive Sturdy Adoption of Healthcare IoT
- Key Challenges within the Adoption of Healthcare/Medical IoT
- Rising Incidence of Persistent Ailments Requiring Steady Monitoring Advantages Market Enlargement
- World Cardiovascular Illness (CVD) Prevalence and Wi-fi Gadgets for CVD Administration
- World Diabetes Prevalence and Wi-fi Gadgets for Blood Glucose Monitoring
- World Hypertension Prevalence and Wi-fi Gadgets for Blood Stress Monitoring
- Wearable EEG Screens
- Wearables for Steady Fetal Monitoring
- Wearable Defibrillators
- Smartphone Penetration & Declining Value of Linked Gadgets Drive Adoption of Well being and Health Apps
- Rising Significance of App Ecosystem
- Wi-fi Dwelling Healthcare Gadgets Market Affords Vital Prospects
- Affected person Monitoring Goes Wi-fi
- Dwelling Monitoring System Market Set to Develop Quickly
- Distant Affected person Monitoring Reveals Promise in Enhancing Care Effectivity and Decreasing Prices
- Rising Have to Cut back Mortality and Morbidity Charges Increase Demand for Telemonitoring Gadgets
- Wi-fi Gadgets Aids in Curbing ER Visits
- Motionless Sufferers to Acquire from Elevated Uptake of Distant Affected person Monitoring Gadgets
- Telehealth underneath Menace from Wi-fi Shopper Gadgets?
- Growing old Inhabitants and their Vulnerability to Varied Well being and Health Points: A Important Development Driver
- Wi-fi Sports activities & Health Gadgets Proceed to Witness Fast Development
- Smartwatches: Clever Wrist Put on for In the present day’s Well being Aware, Digital, and Linked Particular person
- Wi-fi Gadgets for Company Wellness Applications Provide Enormous Untapped Market Alternatives
- Rising Weight problems Ranges Drives Sturdy Shopper Curiosity in Coronary heart Fee Screens
- Compatibility with A number of Working Techniques Make Bluetooth Sensible and ANT+ the Dominant Applied sciences in Wi-fi Healthcare Gadgets
- Bluetooth in Medical Gadgets
- Bluetooth Sensible: Bluetooth Low Power Normal (BLE) that Empowers Wi-fi Gadgets
- Favorable Demographic & Financial Developments Strengthen Market Prospects
- Exponential Enhance in City Inhabitants
- Rising Affluence of the Ballooning Center Class Inhabitants
- Key Points and Challenges Hampering Market Prospects for Wearable Medical Gadgets
- Rating of Components Restraining Wearables Buy
- Battery Life Limitations
- Privateness Considerations
- Design Points
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Complete Firms Profiled: 130
For extra details about this report go to https://www.researchandmarkets.com/r/c4juqr
View supply model on businesswire.com:https://www.businesswire.com/news/home/20201019005517/en/
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KEYWORD:
INDUSTRY KEYWORD: CONSUMER ELECTRONICS MEDICAL DEVICES HEALTH TECHNOLOGY FITNESS & NUTRITION GENERAL HEALTH
SOURCE: Analysis and Markets
Copyright Enterprise Wire 2020.
PUB: 10/19/2020 09:26 AM/DISC: 10/19/2020 09:26 AM
Copyright Enterprise Wire 2020.
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