Global Real Time Health Monitoring Devices market is expected to reach at $ 67,982.2 million by 2022.
Global Real Time Health Monitoring Devices market was valued at $ 30,667.9 million in 2016 and expected to reach at $ 67,982.2 million by 2022 at a CAGR of 14.29 % during the forecast period.
Pune, India – June 29, 2017 /MarketersMedia/ —
Introduction:
The global real time health monitoring devices market was valued at $ 30,667.9 million in 2016 and expected to reach at $ 67,982.2 million by 2022 at a CAGR of 14.29 % during the forecast period. The major factors responsible for the growth of global real time health monitoring devices market are increasing use of smartphones and wearable devices into healthcare, cost effectiveness and patients* convenience to use these devices and increased usage of smart devices for health management among others. The growth barriers are lack of awareness about the possible applications of real time health monitoring devices and reluctance to share information regarding the health among others.
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The market is majorly categorized on the basis of types which is further segmented into wearable devices, and home health medical devices. On the basis of end users the market is segmented into hospitals, clinics, ambulatory centers and home settings and geographic regions. Globally, North America holds the largest market share of global real time health monitoring devices market, registering 39.08 % in 2016.
Key Findings
1) On the basis of types, wearable devices accounted for the largest market share of 59.51 % in 2016.
2) US accounted for the largest market share of 71.51% in 2016, with a market value of USD 8,585.0 million and is projected to grow at a CAGR of 14.17 % during the forecast period.
Key Players
The leading players of the Global Real Time Health Monitoring Devices market are GE Healthcare (U.K.), Qualcomm (U.S.), Jawbone Inc. (U.S.), Withings SA (France), Fitbit Inc. (U.S.), Garmin Ltd. (Switzerland) and others..
Target Audience
1) Real Time Health Monitoring Devices companies
2) Hospitals & Clinics
3) Raw Material Suppliers
4) Key executive (CEO and COO) and strategy growth manager
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Source: MarketersMedia
Release ID: 212594
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