Tag: diagnostic

Diagnostic wearable medical devices market size to increase by USD 7,333.3 million: Evolving Opportunities with AliveCor Inc and Alphabet Inc among others

NEW YORK, Feb. 3, 2023 /PRNewswire/ — Technavio report provides the key offerings of 15+ vendors of the diagnostic wearable medical devices market. For instance, one of the key vendors, AliveCor Inc offers medical wearable devices such as KardiaMobile. Similarly, another vendor, Alphabet Inc provides medical wearable devices such as Fitbit sense 2, Fitbit versa 4, and Fitbit charge 5. To know about all major vendor offerings, Download a PDF Sample Report.

Diagnostic wearable medical devices market size to increase by USD 7,333.3 million: Evolving Opportunities with AliveCor Inc and Alphabet Inc among others

Technavio has announced its latest market research report titled Global Diagnostic Wearable Medical Devices Market 2023-2027

The Diagnostic Wearable Medical Devices Market by Application, Device, and Geography – Forecast and Analysis 2023-2027 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 15.2{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} and register an incremental growth of  USD 7,333.3 million during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market.

Regional Analysis

By region, the global diagnostic wearable medical devices market is segmented into North America, Europe, Asia, and the Rest of World (ROW). North America will account for 37{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} of the market’s growth during the forecast period. The increase in the incidence of chronic diseases among people of all ages, the increased prevalence of heart and respiratory disorders, and a rise in the number of premature births are driving the growth of the regional market. For more insights, buy the report!

Market dynamics

The market is driven by factors such as the growing demand for early diagnosis and preventive medicine, the increasing prevalence of chronic diseases, and the increased need for cost-effective diagnosis. However, data privacy issues are hindering market growth.

Competitive analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others. Request a Sample.

Market segmentation

  • By application, the market is segmented into home healthcare, sports and fitness, and remote patient monitoring. The home healthcare segment accounted for the largest share of the market during the forecast period.

  • By geography, the market is segmented into North America, Europe, Asia, and the Rest of World (ROW). North America held the largest share of the market in 2021.

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Breast Biopsy Devices Market by Product, End-user, Modality, and Geography – Forecast and Analysis 2023-2027: The breast biopsy devices market is estimated to grow at a CAGR of 10.95{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f} between 2022 and 2027. The size of the market is forecast to increase by USD 721.64 million. The growing prevalence of breast cancer cases is notably driving the market growth, although factors such as the high cost of breast biopsy may impede the market growth.

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What are the key data covered in this diagnostic wearable medical devices market report?

  • CAGR of the market during the forecast period

  • Detailed information on factors that will drive the growth of the diagnostic wearable medical devices market between 2023 and 2027

  • Precise estimation of the size of the diagnostic wearable medical devices market and its contribution to the parent market

  • Accurate predictions about upcoming trends and changes in consumer behavior

  • Growth of the diagnostic wearable medical devices market across North America, Europe, Asia, and Rest of World (ROW)

  • A thorough analysis of the market’s competitive landscape and detailed information about vendors

  • Comprehensive analysis of factors that will challenge the growth of diagnostic wearable medical devices market vendors

Diagnostic Wearable Medical Devices Market Scope

Report Coverage

Details

Page number

173

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 15.2{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f}

Market growth 2023-2027

USD 7333.3 million

Market structure

Fragmented

YoY growth 2022-2023 ({bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f})

14.54

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 37{bf0515afdcaddba073662ceb89fbb62b6b1bf123143c0e06b788e1946e8c353f}

Key countries

US, Germany, UK, China, and Japan

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Activinsights Ltd., AliveCor Inc., Alphabet Inc., BTS Bioengineering Corp., Cleveland Medical Devices Inc., Draegerwerk AG and Co. KGaA, Garmin Ltd, Intelesens Ltd., Koninklijke Philips NV, Medtronic Plc, OMRON Corp., Polar Electro Oy, ResMed Inc., Smart Solutions Technologies SL, VitalConnect Inc., Wellue Health, and World Global Network

Market dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio “Health Care” Research Reports

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market Segmentation by Device

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Global Diagnostic Wearable Medical Devices Market 2023-2027

Global Diagnostic Wearable Medical Devices Market 2023-2027

Cision

Cision

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Gaza patients at grave risk as Israel bans diagnostic medical equipment

GAZA Town: The Palestinian Ministry of Wellness has accused Israel of banning necessary health care equipment from entering Gaza Strip hospitals for more than a 12 months.

The Hamas-run ministry in Gaza explained the life of clients in Gaza are at grave threat since Israel is not allowing for the entry of medical tools.

The ministry mentioned that Israel’s ban on clinical diagnostic gadgets was a violation of Palestinians’ proper to remedy, which is assured by international humanitarian legislation.

Medhat Abbas from the Ministry of Health highlighted the crisis at the conclude of a demonstration in which dozens of ambulances and clinical teams participated at the Erez Crossing, at the northern finish of the Gaza Strip.

They drove alongside the street parallel to the japanese border until they arrived at the place wherever the Great Return March demonstrations took put a couple years back, east of Gaza Town.

Abbas reported the Israeli profession has prevented the entry of interventional catheter equipment, digital X-ray devices and mobile X-ray equipment.

The ban is not limited to health-related gear essential for hospitals in Gaza. It is also preventing the entry of spare parts for broken machines in Gaza and the transfer of devices for restore exterior, Abbas claimed.

He accused Israel of exposing individuals in intensive care and these with cancers, heart ailments, strokes and complex fractures to wellness challenges as they are currently being deprived of devices that recognize well being problems and the demanded health care interventions.

The Ministry of Overall health referred to as on the appropriate bodies to put immediate tension on Israel to provide in clinical and diagnostic machines and spare pieces for damaged tools to help you save individuals in the Gaza Strip from the “guillotine of the profession and the blockade by supplying for their total cure wants.”

Individuals are pressured to transfer to other hospitals exterior the Gaza Strip, including hospitals in Jerusalem or the West Financial institution, and some in Egypt and Jordan, in order to acquire a diagnosis ahead of setting up cure thanks to the deficiency of medical gear.

Samir Abu Al-Enein, 55, said he experienced to wait for two months till he obtained a clinical referral and an Israeli permit to journey to Jerusalem for exams at Augusta Victoria Healthcare facility.

“I was diagnosed with most cancers various months in the past. Ahead of that, there ended up suspicions on the aspect of the attending medical doctor, but he was unable to discover the disease right up until right after I bought a prognosis in Jerusalem, and I experienced to hold out a lengthy time until I acquired the needed papers,” Abu Al-Enein told Arab News.

He additional: “It is not enough that we experience from diseases. We undergo from waiting also and the concern that treatment will not be offered. Many of the medicines that the medical professional prescribed for me are frequently not readily available, and I have to wait around a lengthy time until they are.”

Acquiring a health care referral to hospitals outdoors the Gaza Strip involves a extended series of bureaucratic methods.

Individuals also go through though waiting around for a pass from Israel to Jerusalem and the West Financial institution, with dozens of them going through Israeli protection bans.

The Palestinian Center for Human Legal rights warned of the serious repercussions resulting from Israel’s continued block on critical machines, which is required to preserve the lives of thousands of clients in Gaza Strip hospitals.

“The primary accountability for supplying professional medical provides to the inhabitants of the Gaza Strip lies with the Israeli occupation, according to Articles (55) and (56) of the Fourth Geneva Conference of 1949,” mentioned the center.

Much more than 2.3 million people in Gaza “depend on governmental overall health services to receive remedy, whilst these amenities undergo from significant deterioration as a final result of the blockade coverage imposed by the Israeli profession authorities on the Strip for far more than 15 yrs,” it mentioned.

The heart included that the “internal Palestinian division resulted in the fragility of the wellbeing system, and a everlasting shortage in the record of critical medications and medical products, in addition to the lack of specialized clinical employees.”