Wearable Medical Devices Market Types, Applications, Demand and COVID-19 Impact Analysis

Increasing preference for technologically advanced products, surging elderly population, growing awareness regarding fitness, and rising incidence of chronic diseases are the key factors to increase the revenue size of the wearable medical devices market from $10.6 billion in 2019 to $67.2 billion by 2030, advancing at an 18.3% CAGR between 2020 and 2030 (forecast period). Additionally, this booming market is currently showcasing the trend of product launches.

Leave a Reply

Your email address will not be published. Required fields are marked *