Smart Hospital Wearables Market Research Report Forecast to 2030

The smart hospital wearables market is projected to register a significant CAGR of 14.3% during the forecast period. Expanded reception of smart hospital wearable gadgets to support market development. Smart hospital wearable gadgets are smart gadgets worn on the body that screen and track various crucial signs, for example, circulatory strain, pulse, and oxygen levels. These gadgets help in the observation of different ailments, for example, rest problems, diabetes, and lung illnesses. The blend of man-made reasoning (computer-based intelligence), AI, and digitalization in hospital wearable gadgets assists with continuous admittance to patient well-being information, worked on quiet results, and further developed proficiency and clinical staff limit. Besides, the developing reception of new advances and expanded web entrance set out open doors for the players associated with the market. Nonetheless, rising information security concerns and high gadget expenses might obstruct the Smart Hospital Wearables Market's development.

There are different advantages of smart hospital wearable gadgets. They are more useful to patients experiencing persistent sicknesses, as these patients are bound to get long-haul clinical consideration and are bound to visit trauma centers. These smart wearable gadgets are coordinated with state-of-the-art innovations like the Web of Things, permitting medical services experts to screen patients and give more far-reaching care. There are different sorts of smart hospital wearable gadgets, for example, wearable biosensors, wearable ECG screens, and wearable circulatory strain screens.

Market Segmentation

Diagnostic & monitoring devices and therapeutic devices are included in the market segments for smart hospital wearables. The vital sign monitoring devices, blood glucose monitoring devices, neuromonitoring devices, sleep monitoring devices, and others subsegment the diagnostic & monitoring devices market. The therapeutic devices category is further broken down into sub-segmented respiratory therapy, rehabilitation, pain management, and other uses.

The market is divided into categories based on technology including cloud computing, artificial intelligence, and the Internet of Things.

The global market for smart hospital wearables has been divided into three categories based on distribution channels: pharmacies, hypermarkets, and online.

Regional Analysis

The development of the North American smart hospital wearables market is credited to mechanical progressions in hospital wearable gadgets and the deep-rooted medical services foundation in the region.

North American market of smart hospital wearables represents the biggest piece of the pie because of the expanded predominance of ongoing illnesses like cardiovascular problems, malignant growth, and diabetes, mechanical progressions in hospital wearable gadgets, and deep-rooted medical services framework in the region.

The Asia-Pacific smart hospital wearables market is supposed to develop at most elevated rate from 2022 to 2030. This is because of the rising geriatric populace, the ascent in medical services consumption, and the rising reception of artificial intelligence-empowered hospital wearables. Besides, the rising extra cash of working-class families, which represent a huge populace in Asia, empowering serious spending on wellbeing, is driving the market development of smart hospital wearables in the region.

Major Players

The key players in the market are Boston Scientific Corporation (US), Sotera, Inc. (US), Omron Corporation (Japan), Koninklijke Philips N.V. (Netherlands), Medtronic (Ireland), MediaTek Health Systems (India), VitalConnect (US), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Honeywell International Inc. (US), and BioIntelliSense, Inc. (US).

Product Code: MRFR/HC/9891-HCR

TABLE OF CONTENTS

1. REPORT PROLOGUE

2. MARKET INTRODUCTION

2.1. DEFINITION
2.2. SCOPE OF THE STUDY
- 2.2.1. RESEARCH OBJECTIVE
- 2.2.2. ASSUMPTIONS
- 2.2.3. LIMITATIONS

3. RESEARCH METHODOLOGY

3.1. OVERVIEW
3.2. DATA MINING
3.3. SECONDARY RESEARCH
3.4. PRIMARY RESEARCH
- 3.4.1. PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS
- 3.4.2. BREAKDOWN OF PRIMARY RESPONDENTS
3.5. FORECASTING TECHNIQUES
3.6. MARKET SIZE ESTIMATION
- 3.6.1. BOTTOM-UP APPROACH
- 3.6.2. TOP-DOWN APPROACH
3.7. DATA TRIANGULATION
3.8. VALIDATION

4. MARKET DYNAMICS

4.1. OVERVIEW
4.2. DRIVERS
4.3. RESTRAINTS
4.4. OPPORTUNITIES

5. MARKET FACTOR ANALYSIS

5.1. PORTER'S FIVE FORCES ANALYSIS
- 5.1.1. BARGAINING POWER OF SUPPLIERS
- 5.1.2. BARGAINING POWER OF BUYERS
- 5.1.3. THREAT OF NEW ENTRANTS
- 5.1.4. THREAT OF SUBSTITUTES
- 5.1.5. INTENSITY OF RIVALRY
5.2. VALUE CHAIN ANALYSIS
5.3. COVID-19 IMPACT ANALYSIS
- 5.3.1. MARKET IMPACT ANALYSIS
- 5.3.2. IMPACT ON SUPPLY CHAIN
- 5.3.3. REGIONAL IMPACT
- 5.3.4. OPPORTUNITY AND THREAT ANALYSIS

6. GLOBAL SMART HOSPITAL WEARABLES MARKET, BY DEVICE

6.1. OVERVIEW
6.2. DIAGNOSTIC & MONITORING DEVICES
- 6.2.1. VITAL SIGN MONITORING DEVICES
- 6.2.2. GLUCOSE MONITORING DEVICES
- 6.2.3. NEUROMONITORING DEVICES
- 6.2.4. SLEEP MONITORING DEVICES
- 6.2.5. OTHERS
6.3. THERAPEUTIC DEVICES
- 6.3.1. PAIN MANAGEMENT DEVICES
- 6.3.2. REHABILITATION DEVICES
- 6.3.3. RESPIRATORY THERAPY DEVICES
- 6.3.4. OTHERS

7. GLOBAL SMART HOSPITAL WEARABLES MARKET, BY TECHNOLOGY

7.1. OVERVIEW
7.2. ARTIFICIAL INTELLIGENCE
7.3. INTERNET OF THINGS
7.4. CLOUD COMPUTING
7.5. OTHERS

8. GLOBAL SMART HOSPITAL WEARABLES MARKET, BY DISTRIBUTION CHANNEL

8.1. OVERVIEW
8.2. PHARMACIES
8.3. HYPERMARKETS
8.4. ONLINE

9. GLOBAL SMART HOSPITAL WEARABLES MARKET, BY REGION

9.1. OVERVIEW
9.2. NORTH AMERICA
- 9.2.1. US
- 9.2.2. CANADA
9.3. EUROPE
- 9.3.1. GERMANY
- 9.3.2. FRANCE
- 9.3.3. ITALY
- 9.3.4. SPAIN
- 9.3.5. UK
- 9.3.6. REST OF EUROPE
9.4. ASIA-PACIFIC
- 9.4.1. JAPAN
- 9.4.2. CHINA
- 9.4.3. INDIA
- 9.4.4. AUSTRALIA
- 9.4.5. SOUTH KOREA
- 9.4.6. REST OF ASIA-PACIFIC
9.5. REST OF THE WORLD
- 9.5.1. MIDDLE EAST
- 9.5.2. AFRICA
- 9.5.3. LATIN AMERICA

10. COMPANY LANDSCAPE

10.1. OVERVIEW
10.2. COMPETITIVE ANALYSIS
10.3. MARKET SHARE ANALYSIS
10.4. MAJOR GROWTH STRATEGY IN THE GLOBAL SMART HOSPITAL WEARABLES MARKET
10.5. COMPETITIVE BENCHMARKING
10.6. LEADING PLAYERS IN TERMS OF NUMBER OF DEVELOPMENTS IN THE GLOBAL SMART HOSPITAL WEARABLES MARKET
10.7. KEY DEVELOPMENTS AND GROWTH STRATEGIES
- 10.7.1. NEW PRODUCT LAUNCH
- 10.7.2. MERGER & ACQUISITIONS
- 10.7.3. JOINT VENTURES
10.8. MAJOR PLAYERS FINANCIAL MATRIX
- 10.8.1. SALES & OPERATING INCOME, 2021
- 10.8.2. MAJOR PLAYERS R&D EXPENDITURE, 2021

11. COMPANY PROFILES

11.1. BOSTON SCIENTIFIC CORPORATION
- 11.1.1. COMPANY OVERVIEW
- 11.1.2. PRODUCTS OFFERED
- 11.1.3. FINANCIAL OVERVIEW
- 11.1.4. KEY DEVELOPMENTS
- 11.1.5. SWOT ANALYSIS
- 11.1.6. KEY STRATEGIES
11.2. HONEYWELL INTERNATIONAL INC.
- 11.2.1. COMPANY OVERVIEW
- 11.2.2. PRODUCTS OFFERED
- 11.2.3. FINANCIAL OVERVIEW
- 11.2.4. KEY DEVELOPMENTS
- 11.2.5. SWOT ANALYSIS
- 11.2.6. KEY STRATEGIES
11.3. OMRON CORPORATION
- 11.3.1. COMPANY OVERVIEW
- 11.3.2. PRODUCTS OFFERED
- 11.3.3. FINANCIAL OVERVIEW
- 11.3.4. KEY DEVELOPMENTS
- 11.3.5. SWOT ANALYSIS
- 11.3.6. KEY STRATEGIES
11.4. MEDTRONIC
- 11.4.1. COMPANY OVERVIEW
- 11.4.2. PRODUCTS OFFERED
- 11.4.3. FINANCIAL OVERVIEW
- 11.4.4. KEY DEVELOPMENTS
- 11.4.5. SWOT ANALYSIS
- 11.4.6. KEY STRATEGIES
11.5. KONINKLIJKE PHILIPS N.V.
- 11.5.1. COMPANY OVERVIEW
- 11.5.2. PRODUCTS OFFERED
- 11.5.3. FINANCIAL OVERVIEW
- 11.5.4. KEY DEVELOPMENTS
- 11.5.5. SWOT ANALYSIS
- 11.5.6. KEY STRATEGIES
11.6. SOTERA, INC.
- 11.6.1. COMPANY OVERVIEW
- 11.6.2. PRODUCTS OFFERED
- 11.6.3. FINANCIAL OVERVIEW
- 11.6.4. KEY DEVELOPMENTS
- 11.6.5. SWOT ANALYSIS
- 11.6.6. KEY STRATEGIES
11.7. SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD.
- 11.7.1. COMPANY OVERVIEW
- 11.7.2. PRODUCTS OFFERED
- 11.7.3. FINANCIAL OVERVIEW
- 11.7.4. KEY DEVELOPMENTS
- 11.7.5. SWOT ANALYSIS
- 11.7.6. KEY STRATEGIES
11.8. BIOINTELLISENSE, INC.
- 11.8.1. COMPANY OVERVIEW
- 11.8.2. PRODUCTS OFFERED
- 11.8.3. FINANCIAL OVERVIEW
- 11.8.4. KEY DEVELOPMENTS
- 11.8.5. SWOT ANALYSIS
- 11.8.6. KEY STRATEGIES
11.9. VITALCONNECT
- 11.9.1. COMPANY OVERVIEW
- 11.9.2. PRODUCTS OFFERED
- 11.9.3. FINANCIAL OVERVIEW
- 11.9.4. KEY DEVELOPMENTS
- 11.9.5. SWOT ANALYSIS
- 11.9.6. KEY STRATEGIES
11.10. MEDIOTEK HEALTH SYSTEMS
- 11.10.1. COMPANY OVERVIEW
- 11.10.2. PRODUCTS OFFERED
- 11.10.3. FINANCIAL OVERVIEW
- 11.10.4. KEY DEVELOPMENTS
- 11.10.5. SWOT ANALYSIS
- 11.10.6. KEY STRATEGIES

12. APPENDIX

12.1. REFERENCES
12.2. RELATED REPORTS