Wearable Medical Devices Market to Witness Robust Growth by 2028

The wearable medical devices market was estimated at USD 26.6 billion in 2022 and is likely to grow at a CAGR of 23.7% during 2023-2028 to reach USD 95.4 billion in 2028.

What are wearable medical devices?

Wearable healthcare technology refers to devices that are worn on the body to monitor one’s health. These devices use biosensors to collect different insights from a body, such as pulse, heart rate, blood pressure, sleep patterns, and more.

COVID-19 IMPACT

The covid-19 outbreak impacted the growth of the market positively. The demand for home healthcare devices increased significantly to monitor individual health at home as only essential services were allowed amid the covid-19 outbreak. The number of hospital visits except for coronavirus infection declined due to fear of the virus infection.

Read More: https://www.stratviewresearch.com/1627/wearable-medical-devices-market.html
Wearable Medical Devices Market to Witness Robust Growth by 2028 The wearable medical devices market was estimated at USD 26.6 billion in 2022 and is likely to grow at a CAGR of 23.7% during 2023-2028 to reach USD 95.4 billion in 2028. What are wearable medical devices? Wearable healthcare technology refers to devices that are worn on the body to monitor one’s health. These devices use biosensors to collect different insights from a body, such as pulse, heart rate, blood pressure, sleep patterns, and more. COVID-19 IMPACT The covid-19 outbreak impacted the growth of the market positively. The demand for home healthcare devices increased significantly to monitor individual health at home as only essential services were allowed amid the covid-19 outbreak. The number of hospital visits except for coronavirus infection declined due to fear of the virus infection. Read More: https://www.stratviewresearch.com/1627/wearable-medical-devices-market.html
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Wearable Medical Devices Market Size, Share, Growth, & Forecast Analysis
The wearable medical devices market was estimated at USD 26.6 billion in 2022 and is likely to grow at a CAGR of 23.7% during 2023-2028.
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