Revenue, 2024 (US$M)
$0.0
Forecast, 2030 (US$M)
$0.0
CAGR, 2025 - 2030
-100%
Report Coverage
Russia

Russia wearable medical devices market, 2018-2030 (US$M)

Russia

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Russia wearable medical devices market highlights

  • The Russia wearable medical devices market generated a revenue of USD 905.7 million in 2023 and is expected to reach USD 4,695.8 million by 2030.
  • The Russia market is expected to grow at a CAGR of 26.5% 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 2023USD 905.7 million
Market revenue in 2030USD 4,695.8 million
Growth rate26.5% (CAGR from 2023 to 2030)
Largest segmentDiagnostic
Fastest growing segmentTherapeutic
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDiagnostic, Therapeutic
Key market players worldwideKoninklijke 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, Russia accounted for 2.7% 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 segmentation & scope
Diabetes
Cardiovascular Disorders
Respiratory Disorders
Neurological Disorders
Other Chronic Conditions
Post-operative Care
Remote Patient Monitoring (RPM)
Other Applications
Home Healthcare
Hospitals and Clinics
Ambulatory Care Settings
Other Settings (Long term care Settings, etc.)
Connected Insulin Pumps
Continuous Glucose Monitoring Devices
Portable ECG Monitors
Cardiac Event Monitors
Wearable Spirometers
Connected Inhalers
Wearable Vagus Nerve Stimulators (VNS)
Wearable Deep Brain Stimulators (DBS)
Ambulatory Blood Pressure Monitors
Smart Blood Pressure Cuffs
Wearable Dialysis Devices
Wearable Oxygen Therapy Devices
Other Wearable Medical Devices
Bluetooth-connected
Wi-Fi-enabled
Cellular-connected
IoT-based

Wearable Medical Devices Market Companies

Name Profile # Employees HQ Website

Russia 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 62.49% in 2024. Horizon Databook has segmented the Russia wearable medical devices market based on diagnostic, therapeutic covering the revenue growth of each sub-segment from 2018 to 2030.


According to the World Bank Group, the country’s population aged 65 & above accounted for nearly 14.3% of the total population in 2017 and around 15.1% in 2019. Rise in geriatric population is anticipated to increase the demand for long-term and remote patient monitoring, thereby fueling the market growth.

Smartwatches were the most expensive products in Russia's wearables market. Fitness trackers accounted for half of all wearable devices sold in Russia by 2020. Adult smartwatches represent the second largest share of sales volume.

Xiaomi, Apple, Samsung, and Sony are among the most popular wearable device brands, according to Yandex Market, Russia's leading online shopping aggregator. The Apple Watch Sport and the Sony Smartwatch 3 are the other most popular wearable devices.

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Target buyers of Russia wearable medical devices market databook

  • Our clientele includes a mix of wearable medical devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Russia wearable medical devices market , including forecasts for subscribers. This country databook contains high-level insights into Russia wearable medical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Russia Wearable Medical Devices Market Outlook Share, 2024 & 2030 (US$M)

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