Wearable Medical Devices Market Expected To Grow With USD 27.8 Billion By 2022: Grand View Research Inc.
San Francisco, 8 April 2019: The Report Wearable Medical Devices Market Size, Share & Trends Analysis Report By Product Type (Diagnostic, Therapeutic Devices), By Site (Handheld, Headband, Strap, Shoe Sensors), By Application, And Segment Forecasts, 2012 – 2022 Global Wearable Medical Device Market is expected to reach USD 27.8 billion by 2022, according to a new report by Grand View Research, Inc. Rising prevalence of conditions such as obesity and hypertension, as a result of sedentary lifestyle is anticipated to boost the demand for wearable medical devices. Moreover, increasing health awareness is further expected to augment the demand for these devices. Additionally, growing incidences of chronic conditions, such as diabetes, which require round-the-clock monitoring, are expected to increase the demand for wearable technology. Technological innovation is projected to be vital for growth of this industry over the forecast period. Smart watches, smart bands, and sma