HEALTHCARE

Market Overview: Market Research Future (MRFR), an eminent research firm in its recently published study report asserts that the global Wearable Medical Device Market Share will reach over USD 27,200 MN by 2023 registering a fabulous CAGR throughout the forecast period ( 2018-2023). In 2018, the market had valued at USD 7859.4 MN , which means the market will grow over three-fold in just five years. Moreover, factors such as the increasing focus on fitness among individuals and awareness about the healthy lifestyle and the significant growth in home healthcare are pushing up the demand for these devices. Furthermore, the miniaturization of diagnostic wearable devices is one of the major emerging trends contributing to the Wearable Medical Device Market Nevertheless, efforts that the regulatory board is taking additional steps to encourage better cybersecurity in the medical devices are expected to support the growth of the market over the forecast period. Various factors have...

Market Overview: Market Research Future (MRFR), an eminent research firm in its recently published study report asserts that the global Wearable Medical Device Market will reach over USD 27,200 MN by 2023 registering a fabulous CAGR throughout the forecast period ( 2018-2023). In 2018, the market had valued at USD 7859.4 MN , which means the market will grow over three-fold in just five years. Additional factors propelling the growth of the market include the continuous increase in lifestyle diseases that require routine vital statistics analysis, increasing demand for wireless monitoring devices, and cost-competitive/ dropping prices of these devices. Moreover, factors such as the increasing focus on fitness among individuals and awareness about the healthy lifestyle and the significant growth in home healthcare are pushing up the demand for these devices. Furthermore, the miniaturization of diagnostic wearable devices is one of the major emerging trends contributing to the...