DUBLIN, Nov 22, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Wearable Medical Devices Market Outlook 2022" report to their offering.
As per the report, the global wearable medical devices market is anticipated to witness a high double digit growth during 2016-2022. The popularity of wearable medical devices is increasing since the last few years. These devices are wearable health tools, which aid in clinical monitoring of the body vitals outside hospitals. These wearable medical devices find application in monitoring of heart rate, blood glucose, and blood oxygen levels amongst others. Moreover, these devices can also be used for tracking physical activity, fitness and sleeping patterns of an individual. Their versatility and portability along with the ease of use, appeal to the customers. These devices are also a viable option for providers who want to cut down on in-person visits, and physicians who want to remotely monitor their patients. These features of wearable medical devices provide a boost to the growth of their global market. Based on geography, the report divides the market into North America, Europe, and Asia-Pacific. In 2016, North America is estimated to account for the largest share. Moreover, the report also highlights various mergers and acquisitions taking place in the global wearable medical devices industry.