Sweden Wearable Medical Devices Market Size & Outlook
Sweden wearable medical devices market, 2018-2030 (US$M)
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Sweden wearable medical devices market highlights
- The Sweden wearable medical devices market generated a revenue of USD 1,947.3 million in 2024 and is expected to reach USD 3,909.1 million by 2030.
- The Sweden market is expected to grow at a CAGR of 12.3% 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 1,947.3 million |
| Market revenue in 2030 | USD 3,909.1 million |
| Growth rate | 12.3% (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 |
Other key industry trends
- In terms of revenue, Sweden accounted for 2.5% 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 Europe, UK wearable medical devices market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 6,730.5 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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Sweden 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 34.88% in 2024. Horizon Databook has segmented the Sweden 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.
Sweden is one of the world's most liberal nations with regards to open spending on eldercare. However, for a very long while, open spending on eldercare was not on par with the maturing populace.
The high standard of living in Sweden, high disposable income, and high quality of healthcare system is anticipated to favor the growth of wearable medical device in that region.
The healthcare system in Sweden is subsidized and attempts equitable distribution of services. This is likely to boost the market over the forecast period.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 Sweden wearable medical devices market , including forecasts for subscribers. This country databook contains high-level insights into Sweden wearable medical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden wearable medical devices market size, by application, 2018-2030 (US$M)
Sweden Wearable Medical Devices Market Outlook Share, 2024 & 2030 (US$M)
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