United Kingdom wearable
medical devices market is expected to register robust growth in the forecast
period, 2023-2027. Wearable
medical devices refer to an innovative product that aids in measuring,
detecting, and keeping track of several essential body parameters such as
temperature, saturation level, blood pressure etc. They aid people monitor
their health 24/7 and get a proper assessment of their health condition. The
increasing concerns about the high mortality rate of cardiovascular diseases
including diabetes, obesity, heart attacks and stroke is propelling the demand
for wearable medical devices. Along with this, the elevating prevalence of
chronic diseases, technology in advancements in wearable medical devices,
expanding health awareness among people, and inflating need for keeping track
of vital parameters of patients are some of the significant factors projected to
drive growth in the market.
Increase in Adoption of
Wearable Across Multiple Application Areas Drives the Market Growth
Wearable devices assist
in tracking the movement and activities of several individuals moving across
United Kingdom. Various application areas adopting these devices which supports
the market growth. Wearable medical
devices have managed to garner a position of importance in the consumer
electronics market within a shorter span. The construction industry has studied
the utilization of medical wearable devices in the workplace for health and
safety management by proximity detection and physiological monitoring of
construction workers which is further augmenting the market growth. The
increasing utilization of wearable barcode scanner gloves (Pro Gloves) in
logistics industry to simplify work that does not involve the use of hands.
With this, numerous insurance companies are promoting the usage of wearable
medical devices to encourage the healthier eating habits and enhance corporate
wellness among workers. Fitness trackers are widely utilized by the medical
experts to acquire physiological, behavioral, and contextual data for the
diagnosis, treatment, and management of chronic diseases. Several applications
of wearable devices in the mining sector to promote the production process
control in hard rock mines as well as health and safety management in coal
mines. Moreover, the expanding adoption of wearable medica devices across
various applicative areas stimulating the market growth.
Growing Prevalence of
Chronic Disorders is Expected to Propel the Market Growth
The rising adoption of
sedentary lifestyles and absence of the regular hospital visit which is further
elevating the cases of lifestyle related diseases are augmenting the growth of
the wearable medical devices. Various chronic ailments including cardiac
disorders, diabetes, and hypertension exert a huge burden on economy which is
propelling the market growth. With this, the rising cost of chronic as well as
lifestyle related diseases has emphasized the government agencies or healthcare
facilities providers to offer timely diagnosis and treatment. Various
healthcare agencies are promoting the regular diagnosis with the help of
campaigns and awareness program. This furthers aware people regarding the
diagnosis and vital signs monitoring. All these aforementioned factors are
expected to augment the market growth in the coming years.
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Market Segmentation
The United Kingdom wearable medical
devices market is segmented into type, products, purpose, site, application, distribution
channel.
Based on type, the market is divided into diagnostics and therapeutics. Based
on products, the market is segmented into activity monitors/trackers,
smartwatches, patches, smart clothing. Based on purpose, the market is
segmented into heart rate, physical activities, blood oxygen saturation, body
temperature, others. Based on site, the market is segmented into strap/clip/bracelet,
handheld, headband, shoe sensors, others. Based on application, the market is segmented
into general health & fitness, remote patient monitoring, home healthcare. Based
on distribution channel, the market is divided into pharmacies, e-commerce,
others. The United Kingdom wearable medica devices market is studied
in major regions namely London, Southeast, East Anglia, Scotland, Southwest,
East Midlands, Yorkshire & Humberside, Rest of United Kingdom.
Market Players
Philips Medical Systems UK Limited,
Medtronic United Kingdom, GE Healthcare UK Limited, Abbott Laboratories
Limited, Boston Scientific Limited, Fitbit United Kingdom, Dexcom United
Kingdom, Omron Healthcare (UK) Limited, MediBioSense Ltd., iRhythm Technologies
Ltd. are the key market players operating in United Kingdom wearable medical
devices market.
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Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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·
Type
·
Products
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Purpose
·
Site
·
Application
·
Distribution Channel
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Regional scope
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London, Southeast, East Anglia, Scotland, Southwest, East
Midlands, Yorkshire & Humberside, Rest of United Kingdom
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Key companies profiled
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Philips Medical Systems UK
Limited, Medtronic United Kingdom, GE Healthcare UK Limited, Abbott
Laboratories Limited, Boston Scientific Limited, Fitbit United Kingdom,
Dexcom United Kingdom, Omron Healthcare (UK) Limited, MediBioSense Ltd.,
iRhythm Technologies Ltd. (ChoiceMMed), Seca GmbH, Omega Surgical Instrument
Suppliers Ltd
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Customization scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase
options
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
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Report Scope:
In this report, United Kingdom wearable
medical devices market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
·
United Kingdom Wearable
Medical Devices Market, By Type:
o Diagnostics
o Therapeutic
·
United Kingdom Wearable
Medical Devices Market, By Products:
o Activity Monitors/Trackers
o Smartwatches
o Patches
o Smart Clothing
·
United Kingdom Wearable
Medical Devices Market, By Purpose:
o Heart Rate
o Physical Activities
o Blood Oxygen Saturation
o Body Temperature
o Others
·
United Kingdom Wearable
Medical Devices Market, By Site:
o
Strap/Clip/Bracelet
o
Handheld
o
Headband
o
Shoe Sensors
o
Others
·
United Kingdom Wearable
Medical Devices Market, By Application:
o General Health & Fitness
o Remote Patient Monitoring
o Home Healthcare
·
United Kingdom Wearable
Medical Devices Market, By Distribution Channel:
o Pharmacies
o E-Commerce
o Others
·
United Kingdom Wearable
Medical Devices Market, By Region:
o
London
o
Southeast
o
East
Anglia
o
Scotland
o
Southwest
o
East
Midlands
o
Yorkshire
& Humberside
o
Rest
of United Kingdom
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United Kingdom Diagnostic
electrocardiograph market.
Available Customizations:
With the given market data, TechSci Research offers customizations
according to a company’s specific needs. The following customization options
are available for the report:
Company Information
o Detailed analysis and profiling of
additional market players (up to five).
United Kingdom wearable
medical devices market is an upcoming report
to be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]