The article cited AMA's "Global Wearable Healthcare Devices Market Study" explored CAGR of %. According to the report, Rising Preference for Wireless Connectivity among Healthcare Providers is one of the primary growth factors for the market. Growing Demand for Round-The-Clock Monitoring
is also expected to contribute significantly to the Wearable Healthcare Devices market. Overall, Sports & Fitness
applications of Wearable Healthcare Devices, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Pharmacies, is boosting the Wearable Healthcare Devices market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Device Type, such as Watch, is boosting the Wearable Healthcare Devices market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Wearable Healthcare Devices market identified that the demand is rising in many different parts of the world as "Rising Awareness and Preference for Home Healthcare
". Furthermore, some recent industry insights like "On April 30, 2019 - Garmin International, Inc., a unit of Garmin Ltd., has announced menstrual cycle tracking, helping women make the connection between their current cycle phase, physical and emotional symptoms, and overall wellbeing. and On April 30, 2019 - Garmin International, Inc., a unit of Garmin Ltd., has announced a new Forerunner lineup that brings integrated music capabilities, full-color mapping, and advanced training, safety and tracking features to its popular GPS running smartwatches. Designed with the runner in mind, the new Forerunners such as Forerunner 45, Forerunner 45S, Forerunner 245, Forerunner 245 Music and Forerunner 945. It will not only track a run, but will monitor stats, crunch the numbers and get to know all about an athlete’s performance, training history, goals and more." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Wearable Healthcare Devices market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Wearable Healthcare Devices market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Wearable Healthcare Devices market size is calculated using market estimation process, the Wearable Healthcare Devices market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Wearable Healthcare Devices market size has been validated using both top-down and bottom-up approaches.