Brazil Wearable Medical Devices Market Size & Outlook
Brazil wearable medical devices market, 2018-2030 (US$M)
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Brazil wearable medical devices market highlights
- The Brazil wearable medical devices market generated a revenue of USD 2,850.9 million in 2024 and is expected to reach USD 6,581.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 15% from 2025 to 2030.
- In terms of segment, chronic disease management was the largest revenue generating application in 2024.
- Remote Patient Monitoring (RPM) is the most lucrative application segment registering the fastest growth during the forecast period.
Wearable medical devices market data book summary
| Market revenue in 2024 | USD 2,850.9 million |
| Market revenue in 2030 | USD 6,581.4 million |
| Growth rate | 15% (CAGR from 2024 to 2030) |
| Largest segment | Chronic disease management |
| Fastest growing segment | Remote Patient Monitoring (RPM) |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chronic Disease Management, Post-operative Care, Remote Patient Monitoring (RPM), Other Applications |
| Key market players worldwide | Koninklijke Philips NV, Fitbit, Intel Corp, Garmin Ltd, Covidien, OMRON Corp, Polar Electro, Everist Health, UltraLinq Healthcare Solutions, Sotera Health Co Ordinary Shares |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.6% of the global wearable medical devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil wearable medical devices market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 6,581.4 million by 2030.
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Wearable Medical Devices Market Scope
Wearable Medical Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil wearable medical devices 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 wearable medical devices market will help companies and investors design strategic landscapes.
Chronic disease management was the largest segment with a revenue share of 32.84% in 2024. Horizon Databook has segmented the Brazil wearable medical devices market based on chronic disease management, post-operative care, remote patient monitoring (rpm), other applications covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is anticipated to be one of the emerging markets for wearable medical devices. Due to the growing presence of manufacturers in the region, cost for components has reduced, leading to in-house manufacturing of affordable and technologically updated devices.
In addition, over the next 5 years, increase in R&D in the field of biosensors is expected to boost the market growth. Wrist-worn products are expected to hold majority of the share due to introduction of smart watches capable of monitoring multiple parameters. In the next few years, Nike, Sony, and Samsung are anticipated to hold major shares of Brazil wearable medical devices market.
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Our clientele includes a mix of wearable medical devices market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil wearable medical devices market , including forecasts for subscribers. This country databook contains high-level insights into Brazil wearable medical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil wearable medical devices market size, by application, 2018-2030 (US$M)
Brazil Wearable Medical Devices Market Outlook Share, 2024 & 2030 (US$M)
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