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(Medical-NewsWire.com, October 19, 2017 ) According to the report Wearable Medical Devices market, published by Market Data Forecast, the Market was worth USD 4.57 billion in 2016 and estimated to be growing at a CAGR of 19.58%, to reach USD 11.18 billion by 2021. The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid increase in adoption of these devices among patients and launch of technologically advanced, user friendly devices into the market. Lately, Google is working on a wrist-worn medical device which would have sensors to produce an ECG assessing the patterns and strength of the persons heartbeat. Moreover, it checks the skin and pulse temperature also.
Wearable medical devices feature wireless data transmission, real time feedback, alerting mechanism and have easy and timely sensing abilities. The data generated by wearable medical devices is further analysed and is used by customers for a better health management. Wearable medical devices are of several types like to detect glucose, diabetes, blood sugar, heart diseases, blood pressure ingestion, pain relief, brain activity, hydration, temperature, sleep etc.
Browse market data tables and in-depth TOC of the Global Wearable Medical Devices Industry to 2021 @ http://www.marketdataforecast.com/market-reports/global-wearable-medical-devices-market-66/
Enormous number of ongoing developments and innovations in the healthcare and electronics sector, rising spending capabilities and the ease of use of medical devices the rising incidences of chronic diseases amongst all demographics, all these factors have led to the increased adoption of the technology in turn increasing the growth. Wearable medical devices are facing challenges mainly in allocating cost effective monitoring to patients suffering from chronic disease such as Cancer and other blood diseases. lack of awareness in the developing countries like Brazil, India, Mexico and others is leading to slower adoption of technology. These factors may act as growth hurdles for the wearable technology is certain regions. Further, the privacy concerns concerning transmitting sensitive patient information and the need for miniaturized devices with long battery life are few challenges faced by the industry in current scenario.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/global-wearable-medical-devices-market-66/request-sample
Wearable medical devices Market is segmented based on Diagnostic Wearable Devices, Therapeutic Wearable Devices, Application and Region
Based on Diagnostic Wearable Devices
Electro Cardiographs
Sleep Monitoring devices
Heart Rate Monitors
Blood Pressure Monitors
Activity Monitors
Electro Encephalographs
Based on Therapeutic Wearable Devices
Pain Management Devices
Glucose/Insulin Monitoring Devices
Respiratory Therapy Devices
Based on Application
Sports and Fitness
Home Healthcare
Patient Monitoring
Based on Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Some of the major companies dominating the market, by their products and services include Fitbit, Garmin, Jawbone, Polar Electro, Vital connect, Withings SAS, Zephyr Corporation, Basis Science, Omron Corporation, Drager, Lifewatch AG, Sotera Wireless, Abbott Laboratories and Nuubo.
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Abhishek
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abhishek@marketdataforecast.com
Source: EmailWire.Com 
Source: EmailWire.com
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