Europe Middle & Africa  Wearable Medical Device  Market Research Report- Forecast To 2027

Europe, Middle East & Africa  Wearable Medical Device, By Type (Diagnostic & Monitoring, Sign Monitoring And Therapeutic Devices) By Application (Fitness, Blood Pressure, Heart Rate, Weight Monitoring And Others) By End Users (Sports Person, Patients And Others) - Forecast To 2027

ID: MRFR/MED/0161-HCR | February 2021 | Region: Rest of Middle East & Africa | 80 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill the sample form for updated data.

 Market Scenario
Wearable medical devices have become a trend among youth today People are now concerned about their health and fitness. These devices keep a track of number of activities performed by an individual, for instance, number of steps taken while walking. In the Europe counties people are becoming aware of In Europe, Middle East & Africa, large pool of population have lifestyle diseases such as diabetes and obesity, which has increased the risk of cancer. Moreover, rising lack of exercise, and rising demand for fitness trackers drives the market. On the other hand, high cost of these devices may act as a restrain for the growth of this market.


The Europe, Middle East & Africa wearable medical devices market is expected to grow at a CAGR of 9.2% during the forecast period 2017-2023.


 Market Synopsis of Wearable Medical Device Market

Figure 1: Market Synopsis
EMEA <a href='https://www.marketresearchfuture.com/reports/wearable-medical-device-market-899'>Wearable Medical Device Market</a>


Sources: Press Release, presentation, company website, annual reports, government records, journals expert interview


 


Key Players for Wearable Medical Device Market
Some of the major players in this market are Abbott (U.S.), Baxter (U.S.), B. Braun Melsungen AG (Germany), Becton Dickinson and Company (U.S.), Boston Scientific (U.S.), Cardinal Health (U.S.), General Electric Company (U.S.), Johnson & Johnson (U.S.), Medtronic (U.S.), Koninklijke Philips N.V. (Netherland), Siemens (U.S.), and Stryker (U.S.)
Segments
Europe, Middle East & Africa wearable medical devices market has been segmented on the basis of types, applications, and end users. On the basis of types, the market is segmented into diagnostic, vital sign monitoring, and therapeutic devices. On the basis of applications, it is segmented into fitness devices, blood pressure monitoring devices, heart rate monitoring devices, weight monitoring devices, and others. On the basis of the end users, the market is segmented as sports person, patients, and others.


Figure 2: Europe, Middle East & Africa Wearable Medical Device Market Share by Region, 2016 (%)
EMEA Wearable Medical Device Market-


Sources: Press Release, presentation, company website, annual reports, government records, journals expert interview



Regional Analysis of Wearable Medical Device Market
Europe, Middle East & Africa region is divided into countries namely Europe, Middle East & Africa. Europe accounts for the largest market share owing to the demand for technological innovation in medical devices and availability of funds for research and development. Furthermore, increasing demand for fitness and health tracking devices also determine the market growth. Germany is the largest market for wearable devices in the Europe owing to the presence of key market players and overall growth of healthcare industry. 


The Middle East region also shows growth in the wearable devices market owing to strengthening healthcare system, and demand for technology in healthcare. In the Middle, lack of physical exercise, lifestyle changes and rising prevalence of chronic diseases are factors driving the growth of this market.


Africa shows sluggish growth in the market due to low technology penetration and slow growth of medical services in this region.


Intended Audience



  • Wearable medical device manufacturers

  • Wearable medical device suppliers & distributers

  • Device parts manufacturers

  • Research and development (R&D) companies

  • Medical research laboratories

  • Academic medical institutes and universities



Table of Contents

1. Report Prologue

2. Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

2.4. Market Segmentation

3. Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Threats

4.5 Macroeconomic Indicators

5. Market Factor Analysis

5.1 Value Chain Analysis

5.2 Porter’s Five Forces

5.3 Demand & Supply: Gap Analysis

5.4 Pricing Analysis

5.5 Investment Opportunity Analysis

5.6 Merger and Acquisition Landscape

5.7 UP-Coming Trends in Wearable Medical Device Market

5.7.1 Market Trends

5.7.2 Technological Trends

6. Europe, Middle East & Africa Wearable Medical Device Market by Type

6.1 Diagnostic

6.2 Vital Sign Monitoring

6.3 Therapeutic Devices

7. Europe, Middle East & Africa Wearable Medical Device Market by Application

7.1 Fitness

7.2 Blood Pressure Monitoring

7.3 Heart Rate Monitoring

7.4 Weight Monitoring

7.5 Others

8. Europe, Middle East & Africa Wearable Medical Device Market by End Users

8.1 Sports Person

8.2 Patients

8.3 Others

9. Europe, Middle East & Africa Wearable Medical Device Market by Region

9.1 Introduction

9.2 Europe

9.2.1 Western Europe

9.2.1.1 Germany

9.2.1.2 France

9.2.1.3 U.K.

9.2.1.4 Italy

9.2.1.5 Spain

9.2.1.6 Rest of Western Europe

9.2.2 Eastern Europe

9.3 Middle East & Africa

9.3.1 United Arab Emirates

9.3.2 Saudi Arabia

9.3.3 Qatar

9.3.4 Oman

9.3.5 Kuwait

9.3.6 Rest of Middle East & Africa

10 Competitive Landscape

11 Company Profile

11.1 Abbott

11.1.1 Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 General Electric Company

11.2.1 Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Koninklijke Philips N.V.

11.3.1 Overview

11.3.2 Product/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Siemens

11.4.1 Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Development

11.5 Medtronic

11.5.1 Overview

11.5.2 Product/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Baxter

11.6.1 Overview

11.6.2 Product/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Stryker

11.7.1 Overview

11.7.2 Product/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 Johnson & Johnson

11.8.1 Overview

11.8.2 Product/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Others

12 Conclusion

12.1 Key Findings

12.1.1 From CEO’s Viewpoint

12.1.2 Unmet Needs of the Market

12.2 Key Companies to Watch

12.3 Prediction of Wearable Medical Device Industry

13 Appendix