Market revenue in 2024 | USD 27,861.6 million |
Market revenue in 2030 | USD 51,921.4 million |
Growth rate | 10.9% (CAGR from 2024 to 2030) |
Largest segment | Chronic disease management |
Fastest growing segment | Remote Patient Monitoring (RPM) |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 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 37.31% in 2024. Horizon Databook has segmented the North America 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.
North America is the most developed wearable medical devices market. High adoption of remote patient monitoring and home care devices for regular, continuous, and long-term monitoring of patients and reducing the frequency of hospital visits are anticipated to fuel the market growth over the forecast period.
Moreover, as per new Vidyo, Inc. research, telehealth, with a focus on remote patient monitoring, was the top priority of IT for large health systems in North America in 2019. With over 40% of respondents indicating that they currently use one or both of these modalities, remote patient monitoring and live video take the lead in telehealth usage.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America wearable medical devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America wearable medical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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