Global Military Wearable Medical Device Market Size & Outlook
Global military wearable medical device market, 2018-2030 (US$M)
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Global military wearable medical device market highlights
- The global military wearable medical device market generated a revenue of USD 7,459.5 million in 2023 and is expected to reach USD 38,774.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 26.6% by 2030.
- In terms of segment, heart monitor accounted for a revenue of USD 5,843.0 million in 2023.
- Performance monitor is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 7,459.5 million |
| Market revenue in 2030 | USD 38,774.7 million |
| Growth rate | 26.6% (CAGR from 2023 to 2030) |
| Largest segment | Heart monitor |
| Fastest growing segment | Performance monitor |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heart Monitor, Performance monitor |
Other key industry trends
- In terms of revenue, the North America accounted for 37.5% of the global military wearable medical device market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 214.9 million by 2030.
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Military Wearable Medical Device Market Scope
Military Wearable Medical Device Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global military wearable medical device market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to military wearable medical device market will help companies and investors design strategic landscapes.
Heart monitor was the largest segment with a revenue share of 78.33% in 2023. Horizon Databook has segmented the Global military wearable medical device market based on heart monitor, performance monitor covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Military Wearable Medical Device Application Outlook (Revenue, USD Million, 2018-2030)
- Heart Monitor
- Sick Alert
- Heart Rate Variability
- Performance monitor
- Sleep-wake Cycle Alert
- Core Body Temperature Monitoring
- Heart Monitor
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Target buyers of Global military wearable medical device market databook
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Our clientele includes a mix of military wearable medical device market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global military wearable medical device market , including forecasts for subscribers. This global databook contains high-level insights into Global military wearable medical device market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global military wearable medical device market size, by regions, 2018-2030 (US$M)
Top 10 countries: Military wearable medical device market size, 2023 (US$M)
Global military wearable medical device market share, by application, 2023 & 2030 (%, US$M)
Military wearable medical device market: Opportunity assessment by country
Global military wearable medical device market, by region, 2023 (US$M)
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