Europe Wearable Medical Devices Market - Growth, Trends and Forecasts (2017 - 2022)

The European wearable medical devices market has been estimated at USD XX billion in 2015 and is projected to reach USD XX billion by 2020, at a CAGR of about X% during the forecast period from 2015 to 2021. Wearable medical device are defined as the devices with sensors attached to the body that detect and monitor changes in body signatures of various areas and organs.

The wearable medical devices find applications in the area of disease monitoring which includes neurological diseases, metabolic diseases and pain management. It is widely used in outdoor as well as home settings.

The European wearable medical devices market is driven by technological advances, increasing incidence of chronic pain and diabetes patients. Ease of use and interpretation of data using these devices is also a major contributing factor for market growth. However, the market is highly constrained due to the lack of reimbursement policies and high cost of devices.

The European wearable medical devices market has been segmented by product type: diagnostic wearable devices and therapeutic wearable devices; and by end user: sports and fitness, home based user and others. Diagnostic wearable devices has been further segmented into vital sign monitors, foetal monitors and obstetric devices, neurological monitoring devices and others. Therapeutic wearable devices has also been further segmented into pain management devices, glucose monitoring devices and respiratory therapy devices.

The European wearable medical devices market has been geographically segmented into the Benelux, UK, France, Germany, Italy, Spain, Portugal, and Scandinavia, with the UK dominating the European market. France is also an emerging market which has a scope for growth and can potentially dominate the market in the future.

The European wearable medical devices market is growing due to the large population of diabetic patients in Europe. The major companies dominating this market are Draeger, Everest Healthcare, Intelesens Limited, LifeWatch AG, Nuubo, and Polar Electro. However, the market is challenged by the high cost and stringent FDA regulations on medical devices.

Key Deliverables in the Study

Market analysis for the European wearable medical devices market, with region specific assessments and competition analysis on global and regional scales.

Market definition along with the identification of key drivers and restraints.

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their market shares.

Identification and analysis of the macro and micro factors that affect the wearable medical devices market on both global and regional scales.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.

1. Introduction

1.1 Study Deliverables

1.2 Market Definition

1.3 Sizing Units

1.4 Base Currency

1.5 Review and Forecast Period Years

1.6 General Study Assumptions

2. Research Methodology

2.1 Introduction

2.2 Analysis Methodology

2.3 Econometric Forecast Model

2.4 Research Assumptions

3. Executive Summary

4. Key Inferences

5. Market Characterisation

5.1 Current Market Scenario

5.2 Market Overview

5.3 Drivers, Restraints, Opportunities, and Challenges (DROC) Analysis

5.3.1 Market Drivers Technological Advances Increasing Incidence of Chronic Pain and Diabetes Patients Ease of Use and Interpretation of Data

5.3.2 Market Restraints Lack of Reimbursement Policies

5.3.3 Market Challenges High Cost of Devices Stringent FDA Regulations

5.3.4 Market Opportunities Increasing Population of Diabetic Patients

5.4 Wearable Medical Devices Market Segmentation

5.4.1 By Product Diagnostic Wearable Devices Wearable Vital Sign Monitors Wearable Heart Rate Monitors Wearable Activity Monitors Wearable Electrocardiographs Others Wearable Fetal Monitors and Obstetric Devices Neuromonitoring Devices Electroencephalographs Electromyographs Therapeutic Wearable Devices Pain Management Devices Glucose Monitoring Devices Respiratory Therapy Devices

5.4.2 By End User Sports and Fitness Home Settings Others

5.4.3 By Geography Europe Benelux France Germany Italy Spain & Portugal Scandinavia United Kingdom

5.5 Industry Analysis

5.5.1 Key Trends and Developments

5.5.2 Investment Analysis

5.5.3 PorterFive Forces Bargaining Power of Suppliers Bargaining Power of Consumers Threat of New Entrants Threat of Substitute Products and Services Competitive Rivalry within the Industry

5.6 Competitive Landscape

5.6.1 Key Market Players Draeger Draeger- Business Overview Draeger- Product and Services Portfolio Draeger- Deals Landscape Draeger- SWOT Analysis Everest Healthcare Intelesens Limited LifeWatch AG Nuubo Polar Electro Others

5.6.2 Merger and Acquisition Analysis

5.6.3 New Product Launches

5.6.4 Agreements, Collaborations & Partnerships

5.7 Analyst Outlook for Investment Opportunities

5.8 Future Outlook of the Market

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