Market revenue in 2024 | USD 3,481.7 million |
Market revenue in 2030 | USD 7,348.1 million |
Growth rate | 13.3% (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 |
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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 37.8% in 2024. Horizon Databook has segmented the Germany 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.
The wearable medical devices market in Germany is expected to grow at a significant rate during the forecast period owing to factors such as ongoing technological developments and rising number of obese patients in Germany. Europe has been a potential source of many innovative solutions that have changed the world.
Wandelbots is a wearable suit with sensors that allows users to demonstrate actions that a robot can replicate and 8sense system is a cutting-edge back-coach and wearable device that provides continuous feedback on the user's posture, helping him in strengthening or relieving back muscles and improving muscle memory. Such innovations are likely to increase the demand for wearable medical devices.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany wearable medical devices market , including forecasts for subscribers. This country databook contains high-level insights into Germany wearable medical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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