U.S. Medical Smart Rings Market Size & Outlook, 2023-2030
The medical smart rings market in the United States is expected to reach a projected revenue of US$ 213.9 million by 2030. A compound annual growth rate of 20% is expected of the United States medical smart rings market from 2024 to 2030.
Revenue, 2023 (US$M)
$59.6
Forecast, 2030 (US$M)
$213.9
CAGR, 2024 - 2030
20%
Report Coverage
U.S.
U.S. medical smart rings market, 2018-2030 (US$M)
Related Markets
U.S. medical smart rings market highlights
- The U.S. medical smart rings market generated a revenue of USD 59.6 million in 2023 and is expected to reach USD 213.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 20% from 2024 to 2030.
- In terms of segment, health monitoring rings was the largest revenue generating product in 2023.
- Diagnostic Rings is the most lucrative product segment registering the fastest growth during the forecast period.
Medical smart rings market data book summary
| Market revenue in 2023 | USD 59.6 million |
| Market revenue in 2030 | USD 213.9 million |
| Growth rate | 20% (CAGR from 2023 to 2030) |
| Largest segment | Health monitoring rings |
| Fastest growing segment | Diagnostic Rings |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Health Monitoring Rings, Diagnostic Rings, Multifunctional Rings |
Other key industry trends
- In terms of revenue, U.S. accounted for 20.4% of the global medical smart rings market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. medical smart rings market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 42.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Medical Smart Rings Market Scope
Medical smart rings market segmentation & scope
Medical Smart Rings Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. medical smart rings market size, by product, 2018-2030 (US$M)
U.S. Medical Smart Rings Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
