$12.65 Billion Wearable Health Tracking Devices Market: Global Forecasts from 2018 to 2023 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Wearable
Health Tracking Devices Market – Forecasts from 2018 to 2023”

report has been added to ResearchAndMarkets.com’s
offering.

The wearable health tracking devices market is projected to witness the
growth at a CAGR of 14.46% during the forecast period to reach the total
market size of US$12.654 billion by 2023, increasing from US$5.628
billion in 2017.

Global wearable health tracking devices market has been growing at a
high rate given the pace of technological advancement and competitive
landscape in the market. Growing awareness regarding home healthcare
devices coupled with the efficacy and ease of access has increased
demand for these devices significantly in recent years.

Rising prevalence of conditions such as obesity, high blood pressures,
and hypertension and sleep disorders as a result of lifestyle changes
has strengthened this trend. The market is dominated by North America
taking up the highest share, owing to the presence of key manufacturers
in the region.

Moreover, growth in Asia Pacific is taking place at a rapid rate and is
expected to constitute a larger share of the market in the years ahead.
Affordable devices as a result of innovation and competition are
expected to drive considerable growth.

Major industry players profiled as part of the report are Misfit,
Xiaomi, Samsung, Apple Inc. and Moov Inc. among others.

Segmentation:

By Device:

  • Heart Rate monitors
  • Activity monitors
  • Pulse Oximeters
  • Spirometers
  • Blood Pressure Monitors
  • Sleep Tracking
  • Others

By Type:

  • Strap Based
  • Strapless

By End User:

  • Hospitals and Clinics
  • Household
  • Pharmaceutical Companies
  • Research Institutes

Companies Mentioned

  • Fitbit, Inc.
  • Garmin Ltd.
  • Misfit
  • Xiaomi
  • SAMSUNG
  • Moov Inc.
  • SKAGEN
  • Apple Inc.
  • Nokia
  • LG Electronics

For more information about this report visit https://www.researchandmarkets.com/research/8jfl8n/12_65_billion?w=4.

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Related
Topics: Medical
Devices
, Wearable
Technology