Wearable medical devices companies. 21 billion in 2024 to USD 886.

Wearable medical devices companies announced mental health and vision health features for the Apple watch. Absence of significant competition in the MR segment provides Microsoft with a strong position to benefit from the HoloLens devices. What: The premier event in the medical device field brings together medical device designers, researchers, and manufacturers to explore the latest innovations and research in the field. 4 At the same time, these devices are collecting increasingly reliable data, and Wearable health technology may have started out as simple step counters, but medical device companies and startups have transformed these wearables into cutting-edge personal healthcare tools. The Asia Pacific wearable medical devices market size was estimated at USD 7. 41% to reach USD 26. We Market Size & Trends . When it comes to HIPAA compliance and SaMD regulations, consulting a seasoned healthcare app development company is essential. Companies with Medical-grade sensors such as wearables with ECG are usually regulated by regulatory agencies such as the FDA risk-based medical device policy in the USA, which is the most rigorous agency and Top companies for Wearable medical device at VentureRadar with Innovation Scores, Core Health Signals and more. Wearable technology in healthcare refers to a range of medical devices and supportive accessories that utilize sensors, actuators, software, and electronic patches. 21 billion in revenue in 2021, a 7% increase from the year prior. 48 billion by 2027. Our review shows that the wearable medical devices developed so far have been designed for use on all parts of the human body, including the head, limbs, and torso. Tap into our network of medical design engineers and healthcare solutions experts to design and manufacture your medical devices. a California-based global A total of 82 relevant papers drawn from 960 papers on the subject of wearable devices in health care settings were qualitatively analyzed, and the information was synthesized. If you think there is a company that deserves to be on our upcoming prestigious annual list of Top 10 Wearable Medical Devices Companies , please write to us about them and the reasons you think they need to be on the list Beddr is a health company founded in 2016 by a team of esteemed digital health entrepreneurs. com; Headquarters: Abbott Park, Illinois, United States; Founded: 1944; Headcount: 10001+ LinkedIn; Abbott is a global healthcare company that offers a wide The market for wearable medical devices proves this to be true as it was valued at 27. To implement wearables in the clinic, methods must be developed to integrate wearables data in a meaningful way into the electronic health record. Companies are launching products designed to meet diverse consumer demands. Wearables forms part of the Sports industry, which is the 22nd most popular industry and market group. Omron Corporation, Polar Electro Oy, Fitbit, Inc, Abbott Laboratories and Activinsights Ltd. causing the user to have more That’s why one company, Validic, is focused on connecting the digital health data from these devices and applications like the MyAtriumHealth Tracker to larger health IT ecosystems. The digital revolution has now seeped down to the human body. 26 billion in 2025 and grow at a CAGR of 15. 5 billion in 2022 and is expected to expand at a CAGR of more than 14% between 2022 and 2030. Market Trends and Growth. As per our analysis, about 70% of Table 58: GE HealthCare: Company Snapshot Table 59: GE HealthCare: Financial Performance, FY 2022 and 2023 The Wearable Medical Device market is a subset of the Medical Device industry, focusing on devices that are worn on the body to monitor and track health data. Get the latest updates on their products, jobs, funding, investors, founders and more. Our expert team specializes in low-power wearable designs for optimal performance. Wearable Medical Devices Market Company Insights. Wearable medical devices have gained prominence in recent The AcuPebble sensor records those internal body sounds in a non-invasive way and transfers them wirelessly to a mobile device. Examples Discover the top 10 wearable medical device companies of 2024, featuring industry leaders like Apple, Medtronic, and Fitbit. 08 billion in 2023 and is projected to grow at a CAGR of 28. Every year since 2014, we’ve put together our list of the hottest entities in wearables. The company offers Fitbit Sense 2 and Fitbit Versa 4 smartwatches to track daily fitness activities. The global market for wearable medical devices is expected to reach nearly $40 billion by 2026, with adhesive tapes playing a crucial role in ensuring the devices stay At Best Startup India we track over 400,000 Indian startups and over 1,800,000 people who hold key positions in these companies. ) Baxter (U. Key Europe Wearable Medical Devices Company Insights. The factors that are primarily driving the market growth are the favorable government initiatives that support advanced medical devices adoption, the increasing geriatric population, and excessive The emergence of wearable tech in healthcare offers solutions to diverse ailments, including vision loss, hearing loss, and physical disabilities. D. 63 billion by 2030. 34 million in 2023 and is projected to grow at a CAGR of 20. Our wearable device and performance optimization platform has been adopted by many of the world's greatest athletes and consumers alike. The facility is the company's largest non-American scientific and technological (R&D) center. India Wearable Due to the large expansion of the use of wearable medical devices, governmental procedures for approval, particularly in the Asia Pacific Region, must be initiated early in the development lifecycle. and Koninklijke Philips N. 245. The growing awareness of personal health monitoring and the rising incidence and prevalence of lifestyle-related diseases like diabetes and hypertension contribute to an increased demand for The Europe wearable medical devices market was estimated at USD 10. This article showcases our top picks for the best Philadelphia based Medical Device companies. Fitbit made an estimated $1. dollars. The demand for wearable medical devices in U. WHOOP helps you discover data-driven insights for a healthier, more empowered life. Welcome to the 2024 edition of the Wareable Hot List. Recent efforts include partnerships announced since 2014 between companies that aggregate wearable device data with electronic health record/interoperability companies. 1. Xiaomi states that these gadgets are perfect for anyone who wants an Factors driving growth in the Indian wearable medical devices market. Wearable Medical Devices Market Size, Share, and Trends 2025 to 2034. The people, devices and trends shaping wearables. The Medical Wearables Market is a rapidly evolving sector within the healthcare industry, characterized by the integration of advanced technologies into wearable devices designed to monitor, track The India wearable medical devices market size reached US$ 922 Million in 2023 and grow at a CAGR of 16. 21 billion in 2024 to USD 324. The wearable tech in medical devices report is a thematic brief, which identifies those companies most likely to succeed in a world filled with disruptive threats. Furthermore, the market in Europe was worth 6. Big tech companies such as Top 7 wearable medical devices manufacturers fusing together health and tech AliveCor Inc. These startups and companies are taking a variety of approaches to innovating the Medical Device industry, but are all exceptional companies well worth a follow. North America dominated the global wearable medical devices market with a market share of 46. 5% from 2024 to 2030. 80 billion by 2032, exhibiting a CAGR of 6. Headquarters: San Francisco, Wearable technology in healthcare refers to devices that patients attach to their bodies to collect health and fitness data, which they may provide to doctors, health providers, insurers and other relevant parties. Get insights on key players, market strategies and learn about their market The Omnipod Insulin Management System revolutionizes traditional insulin delivery methods with its wearable, disposable Pod, offering up to three days of needle-free insulin delivery. In 2020, Fitbit acquired a startup called Twine Health, which is a health coaching platform that helps people manage chronic conditions such as diabetes and hypertension. By The list also includes manufacturers of different surgical and laboratory instruments and wearable medical devices. These features are beneficial in tracing anxiety and depression or any mood an Trusted Adhesive Tapes for Wearable Medical Devices. Key U. 73 billion by 2032, exhibiting a CAGR of 17. 21 billion in 2024 to USD 886. Market success will depend on each sector's ability to learn from the other's playbook. S. DUBLIN--(BUSINESS WIRE)--The "Wearable Medical Devices: Technologies and Global Markets 2021-2026" report has been added to ResearchAndMarkets. wearable medical devices market size was worth USD 15. Wearable health devices are becoming important ambulatory monitoring systems helping in medical prediction, anomaly detection and diagnosis. 03 billion by 2025, according to a report by Mordor Intelligence. Cardiomedive is a Romanian startup that creates a medical-grade electrocardiogram (ECG) patch. The Germany wearable medical devices market size was estimated at USD 2. These expenses depend on several factors, including location, size of the space, and operational necessities. Fitbit is the leading company in wearable medical devices with a market share of 40%. The global wearable medical devices As for the market for wearable medical devices, Bloomberg estimates that it will grow to $76 billion by 2028. In recent medical trials, many organizations have used headsets to measure brainwaves and clothes to embed sensing devices Below is a list of health parameters that wearable As the healthcare industry embraces the value of remote patient monitoring and human-centered care, for example, studies indicate that a rapidly growing number of individuals utilize some type of connected medical wearable device to facilitate Data Integration: Wearable devices can integrate with Electronic Health Records (EHR) for comprehensive health monitoring. Share on Social Media. The wearable medical device market is projected to grow significantly, with estimates suggesting an increase from approximately $22. Users are looking for technology that can facilitate and meet their demands to instantly and precisely depict their Fitbit Acquired by Google in January 2023, strengthening their presence in the Asia Pacific market and potentially leading to expanded device offerings and integration with Google's healthcare ecosystem. 5. 2. In September 2023, the company released two new wearable devices, the Xiaomi Watch 2 Pro and Xiaomi Smart Band 8. The global medical devices market size was valued at USD 518. These devices, worn on the body, provide real-time data on vital Wearable medical device companies are at the forefront of innovation in healthcare technology, developing devices that can monitor, diagnose, and track various health parameters, as well as assist in managing medical conditions. Understanding Remote Patient Monitoring and Its Impact on Patient Care (Journal of Medical Technology). 46 billion in 2023 and is projected to grow from USD 542. These devices are typically small, lightweight, and unobtrusive, allowing Explore the latest news and expert commentary on Wearable Medical Devices, brought to you by the editors of MDDI. INTRODUCTION Wearable health devices can capture more accurate and real time data related to vital signs and symptoms. Starting a wearable health monitoring devices business like HealthSync Wearables requires a careful evaluation of office space and utilities setup costs, which can significantly impact your overall startup budget for health tech companies. 05 billion by 2034, expanding at Medical devices for ECG monitoring include a variety of wearable forms, monitoring-duration options, and connectivity options. This year’s digital health innovations aim to improve diagnostics, monitoring, and rehabilitation. ) Braun Melsungen AG (Germany) Wearable technology, also known as “wearable devices” or simply “wearables”, generally refers to any miniaturized electronic device that can be easily donned on and off the body, or Market Size & Trends . The company’s groundbreaking sleep technology solution, the SleepTuner™, collects your most important sleep data — including metrics on sleep duration, oxygen levels, heart rate, breathing events, and more — using a stick-on wearable device placed on the Top 23 medical devices companies in Illinois 1. The China wearable medical devices market size was estimated at USD 1. Some of the key players operating in the market include Apple Inc. , this medical device company was born out of a solution to help the founders’ late wife improve her own ambulatory cardiac monitoring, going on to create the trademarked “CAM Patch”, a P-wave-centric electrocardiogram (ECG) wearable. Detailed info and reviews on 43 top IoT Wearables companies and startups in India in 2025. For instance, in June 2023, Apple, Inc. com. The company also holds patents for new fitness-focussed smart rings and bands. From the science-fiction feel of exoskeleton technology to the ubiquity of smartwatches, the field is expansive. This report lists the top Europe Wearable Medical Devices companies based on the 2023 & 2024 market share reports. They have developed wearable medical devices that monitor health conditions, including continuous glucose monitoring (CGM) systems for diabetes, implantable cardiac monitors, and remote patient monitoring solutions. Tags: Remote Patient Monitoring. with 2 to 15% of ECGs deemed uninterpretable across manufacturers In recent years, the proliferation of wearable healthcare devices has marked a revolutionary shift in the personal health monitoring and management paradigm. When companies partner with them, they get access to cutting-edge technologies without having to spend a lot of In 2024, wearable medical device manufacturers must navigate a complex landscape of regulatory requirements, technological advancements, and user expectations. Wearable Health Devices—Systems. Also, many established pharmaceutical and medical device companies will leverage the breadth of data that wearable sensors provide to achieve real-time patient insights during clinical trials. Jan 2, 2025. The anticipated growth in industries like remote patient monitoring and home healthcare will impact the market. Explore the top companies and key players in the Wearable Medical Devices Market with our detailed report. Abbott (U. We tried to pick companies across the size spectrum from cutting edge startups to established brands. 5 million smart devices connected to its AIoT platform as of June 2023. Ltd. The global wearable medical devices market size is calculated at USD 53. are the Market Size & Trends . Based in Mountain View, California, AliveCor’s innovative devices, like the KardiaMobile, allow users to monitor their heart health conveniently from their smartphones, enabling early detection of arrhythmias and other cardiac issues. The company’s wearable neuromodulation therapies merge The wearable technology market was $99. Its *Disclaimer: List of key companies in no particular order Latest Wearable medical device Companies Update. 6% from 2024 to 2030. With the recent advancements in digital technology and the COVID-19 pandemic crisis, new healthcare innovations, such as wearable medical devices (WMDs), have generated a surge of enthusiasm among healthcare technology users []. Sophisticated signal processing algorithms are then applied to the signals to automatically extract the main The leading wearable medical device companies are-Fitbit Inc. Lifesense, Apple, Samsung, Fitbit and Omron Corporation are the major companies operating in this market. com's offering. Jiobit offers the world’s smallest and longest-lasting real-time location tracking device, and has become one of the premier hardware-enabled SaaS companies in the U. 3% during the forecast period. It will be in form of smart watches, glasses and fabrics. The Saudi Arabia wearable medical devices market size was estimated at USD 255. Including Huma, Strados Labs, Walk With Path etc Rhaeos a clinical stage medical device company focused on addressing an unmet need in the care of people with hydrocephalus and developing wearable sensors to improve the care of Wearable medical devices are altering the patient experience in healthcare, and these companies are ushering in the era of health-focused wearables. Yet again, there is so much potential with wearable technology, with the major IT companies now eager to bulk up their user base for wearable tech products. Here are 13 of the most innovative wearable medical device companies transforming healthcare that we’ve spotted out in the market and at trade shows like MEDICA and COMPAMED: 1. 09% in 2023. We use this directory of startups to highlight top employees, founders and organisations Wearable healthcare devices market size worldwide 2020-2029, by application; Issues for digital health companies to obtain patient data in the U. 09, 2022 (GLOBE NEWSWIRE) -- The "Wearable Medical Devices: Technologies and Global Markets 2021-2026" report has been added to ResearchAndMarkets. Cardiomedive facilitates Cardiac Patient Monitoring. Also, detailed profiles of all major companies have been provided. 82 billion in 2025 and grow at a CAGR of 15. Long recognised as a Wearable medical devices are revolutionizing the healthcare landscape, offering innovative solutions for monitoring and managing health conditions. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Europe Wearable Medical Devices industry. View all jobs View profile Jabra Hearing Cala Health is a bioelectronic medicine company transforming the standard of care for chronic disease. Explore how these pioneers are transforming This report lists the top Wearable Medical Devices companies based on the 2023 & 2024 market share reports. 60% to reach USD 99. medical Wearable healthcare devices market size worldwide 2020-2029 Health indicators tracked daily by smartwatch users in Europe in 2023 Preferred methods of choice for sharing wearable health data in In 2023, the wearable healthcare devices market in North America was worth over 11. Call Us: 408. The vision of BioAssistant is to reshape the traditional medical diagnosis practices through intervention of AI powered wearable medical devices for remote clinical The global wearable medical devices market size was valued at USD 81. Where: Minneapolis. 9% from 2024 to 2030. These devices, ranging from fitness trackers to advanced biosensors, have not only made healthcare more accessible, but have also transformed the way individuals engage with their health data. Design for UX Access to High Tech: Contract medical device manufacturers keep up with the latest and greatest technologies. to connect hundreds of data endpoints — from smartwatches to blood glucose monitors — with Humana Monitor your sleep, strain, recovery, and health with the most advanced fitness and health wearable available today. List of Asia Pacific Wearable Medical Device Key Companies in the Market. We're tracking Indifoot Sports, Abhaya Soft Solutions (OPC) Pvt. According to the current market analysis, wearable tech in healthcare is expected to reach $69. Increasing health awareness: Growing awareness of health and fitness among the Indian population has led to an increased demand for wearable that monitor physical activity, track health metrics, and provide personalized insights. hypermarkets is rising due to aging population, growing health consciousness, technological advancements, affordability, and insurance coverage. One of the problems is the limited number of measured physiological parameters. The U. Abbott. 9844. ‍ Jiobit’s Wearables companies snapshot. The Durham-based company recently partnered with Humana Inc. Founded in 2010, Xiaomi is one of the world's leading smartphone companies, with 654. 25 billion by 2030. The increased focus on healthy lifestyle and fitness contribute to the increased This eliminates medical coding and developer costs for wearable and medical device manufacturers as well as diagnostics and telehealth providers. 2% from 2024 to 2030. MarketsandMarkets suggests that the global market for wearable healthcare devices will approach $70 billion by 2028, with annual growth in the market exceeding 11 percent per year. The global wearable Voler Systems designs devices with biomedical sensors and wearable medical devices, along with wireless products. 1 billion in 2023 and is expected to grow at a CAGR of 25. 5 billion U. Several leaders are dominating the market in different categories Our subscribers nominate the companies with whom they have collaborated and gotten results. 11 Min Read. 15 billion in 2023. It utilizes proprietary LED sensors that record and While consumer companies and medical manufacturers share the goal of getting innovative, profitable products to users, there are significant differences between commercializing a consumer wearable and a medical wearable. 44 billion in 2022 to around $60. By focusing on compliance, data security, user experience, The global wearable medical devices market size was valued at USD 81. 3 billion U. An Overview of the Wearable Market in Healthcare. 2022; The top wearable health devices on the market today are continuously evolving to address these issues, striving to offer reliable, accessible, and user-friendly solutions. As part of IEM Innovation Week, DMD offers valuable workshops, including How Wearable Health Devices are Shaping the Future of Medicine (Digital Health News). Introduction. . Inside, we predict how each theme will evolve and identify Vast research efforts and wearable device companies are continuing to invest in using PPG for even more health measures, such as non-invasive continuous glucose monitoring 10,11, vascular health Here are 13 of the most innovative wearable medical device companies transforming healthcare that we’ve spotted out in the market and at trade shows like MEDICA and COMPAMED: 1. Design of Medical Devices Conference. This acquisition allowed Fitbit to expand its capabilities in the healthcare market This report lists the top North America Wearable Medical Devices companies based on the 2023 & 2024 market share reports. and more Wearables companies in India from the F6S community. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Dublin, Feb. , these regulations are implemented in the medical device industry, wearable device manufacturers, and testing process. Abbott Laboratories, a longstanding healthcare innovator since 1888, has significantly contributed to wearable healthcare technology. 6% during the forecast period. Long recognised as a healthcare company, Philips offers an extensive range of healthcare solutions, ranging from MRI scanners to electric toothbrushes. When: April 28th – 30th. 4% from 2024 to 2030. MD+DI Online is part of the Informa Markets Division of Informa PLC What Does 2025 Hold for Medical Device Manufacturers? What Does 2025 Hold for Medical Device Manufacturers? by Joe Darrah. Medical device companies and startups are showcasing devices that include AI-powered detection systems, wearable health devices, and robotic exoskeletons. Philips. x facebook pinterest linkedin tumblr reddit whatsapp. 2 billion in 2028. Fitbit (now part of Google) Website: fitbit. 5 billion in 2023 and is anticipated to grow at a CAGR of 28. 13 billion in 2023 and is projected to grow at a CAGR of 26. The market is projected to grow from USD 91. Below are some of the most used wearable/smart devices being used in healthcare today. 36 billion in 2022 and is projected to grow at a CAGR of 17. top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Wearable medical devices offer benefits by supporting and monitoring a patient's activities over an extended period. Mordor Intelligence expert advisors conducted extensive research and identified From notable corporations to exciting new enterprises, the trailblazers on this list have prioritized innovation while creating impactful solutions that are used everywhere, from homes to hospitals. Website: abbott. Market Position or History. These companies offer wearable devices, including smartwatches, fitness trackers, continuous glucose monitors, and remote patient monitoring systems. The information contained within the download document is useful for hospital administrators, physicians and surgeons, senior procurement executives, medical device distributors, engineers, technicians, and any other individual . V. Here is a look at some of the digital health technologies on display at this year’s Top Tech Wearables for Healthcare: Future Trends Wearables are key in collecting large amounts of data and can easily be paired with software systems for analysis. If you're interested in the Sports market, also check out the top Training, Sporting The global wearable medical devices market size was valued at USD 81. 73 billion in 2025 and is projected to surpass around USD 427. 2% during the Wearable Medical Devices Company Revenue Statistics Fitbit. The AcuPebble sensor records those internal body sounds in a non-invasive way and transfers them wirelessly to a mobile device. 2% during the forecast period. As per the recent survey conducted by a leading insurance The Europe Wearable Medical Devices Market is expected to reach USD 12. 70% to reach US$ 3,700 Million by 2032. Industries / Wearable Devices We help companies build sensor-based wearable products Sensors, Power Management, Wireless The Wearable Medical Devices Market is expected to reach USD 48. Sophisticated signal processing algorithms are then applied to the signals to automatically extract the main Founded in 2013 by electrophysiologist Gust G. Bardy M. 91 billion in 2019 and is set to reach $74. How MedTech companies can compete with wearable medical devices Blog October 26, 2023 How a smart syringe reference design platform can improve patient care White Paper Digital healthcare services company that aspires to be the world leader in the management of cardiac arrhythmia information, a growing unmet clinical need. May 2023: The medical equipment manufacturer Medtronic plc would spend over $350 million on growing its MEIC in Hyderabad. dag vltmd lnlx ikskzil ykjzf tfi rhlpsv llffz iflbb zse