France Wearable Medical Devices Market Size & Outlook
France wearable medical devices market, 2018-2030 (US$M)
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France wearable medical devices market highlights
- The France wearable medical devices market generated a revenue of USD 1,008.0 million in 2023 and is expected to reach USD 5,113.3 million by 2030.
- The France market is expected to grow at a CAGR of 26.1% from 2024 to 2030.
- In terms of segment, diagnostic was the largest revenue generating product in 2023.
- Therapeutic is the most lucrative product segment registering the fastest growth during the forecast period.
Wearable medical devices market data book summary
| Market revenue in 2023 | USD 1,008.0 million |
| Market revenue in 2030 | USD 5,113.3 million |
| Growth rate | 26.1% (CAGR from 2023 to 2030) |
| Largest segment | Diagnostic |
| Fastest growing segment | Therapeutic |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostic, Therapeutic |
| 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, France accounted for 3.0% of the global wearable medical devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany wearable medical devices market is projected to lead the regional market in terms of revenue in 2030.
- Sweden is the fastest growing regional market in Europe and is projected to reach USD 5,826.8 million by 2030.
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Wearable Medical Devices Market Scope
Wearable Medical Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
France 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.
Diagnostic was the largest segment with a revenue share of 62.24% in 2023. Horizon Databook has segmented the France wearable medical devices market based on diagnostic, therapeutic covering the revenue growth of each sub-segment from 2018 to 2030.
The rise in investments on companies designing wearable devices in France is likely to boost regional market growth. For instance, Withings a French company that builds health-related smart devices and apps, including smart body analyzers, wireless scales, & blood pressure monitors received an investment of EUR 25.8 million (around USD 31.9 million) in 2013 from France, Idinvest Partners, 360 Capital Partners, and Ventech to support innovation and international expansion.
Moreover, in 2016 Nokia acquired Withings for around EUR 170 million (USD 191.8 million) due to the rapid growth of digital health and IoT domains in France. Furthermore, initiatives such as France’s 2020 eHealth Strategy and the eHealth France are supporting the evolution of digital healthcare in France.
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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 France wearable medical devices market , including forecasts for subscribers. This country databook contains high-level insights into France wearable medical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France wearable medical devices market size, by product, 2018-2030 (US$M)
France Wearable Medical Devices Market Outlook Share, 2023 & 2030 (US$M)
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