Hi-Tech Medical Devices Market Analysis Report By Product (Tablets, Smartphones, Smart Watches, Fitness Trackers, Virtual Reality Sets), By Site (Strap, Clip, Bracelet, Handheld), And Segment Forecasts, 2018 - 2025

Published: Oct, 2018 | Pages: 79 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global hi-tech medical devices market size is expected to reach USD 197.87 billion by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 29.8% during the forecast period. Employee wellness programs along with enhanced precision, aesthetics, and durability of devices are among the primary growth stimulants for the market.

Market players are focusing on aesthetics while designing these devices as they are meant for daily wear. There are immense opportunities for players who are developing luxury watches and jewelry that have all features of smart wearables, which is certain to attract luxury spenders. New generation of consumers demand innovative luxury items with a blend of exclusivity, fashion, and connectivity, which serves as a key driver for the demand for hi-tech medical devices.

North America held a substantial share in the hi-tech medical devices market in 2017, due to high accessibility of supportive infrastructure such as hi-speed internet connection, presence of a raft of multinational companies, and increasing awareness among people. Besides, multinational companies (MNC) provide various schemes that allow users buy devices at a lesser price. Asia Pacific is anticipated to witness phenomenal growth in the coming years, owing to high unmet needs, improving healthcare infrastructure, and rising per capita expenditure. Moreover. presence of a large user base and booming economy, especially in India and China, are also bolstering the growth of the regional market.

Further key findings from the report suggest:

• Smart phones emerged as the largest segment owing to their integration with other devices such as smart watches and fitness trackers

• Fitness trackers are expected to witness the fastest growth during the forecast period

• Handheld devices dominated the market in 2017. This can be attributed to advent of innovative cameras, high speed internet connection, larger storage capacity, and fast processers

• North America dominated the hi-tech medical devices market in 2017, owing to existence of various multinational companies and presence of supportive infrastructure such as hi-speed internet connection

• Some of the prominent companies operating in the market are Apple; Google; Adida AG; Nike, Inc.; Samsung; Sony Corporation; Xiaomi; CAE HEALTHCARE; and Virtual-Realities Ltd.

 Table of Contents

Chapter 1 Research Methodology
                   1.1 Information procurement
                   1.2 Information or Data Analysis
                   1.3 Market Formulation & Validation
Chapter 2 Executive Summary
                   2.1 Market Snapshot
Chapter 3 Market Variables, Trends & Scope
                   3.1 Market segmentation & scope
                       3.1.1 Market Driver Analysis
                           3.1.1.1 Increased value addition to personal healthcare though improvised hardware, software, and Internet of Things (IoT)
                           3.1.1.2 Employee wellness programs
                           3.1.1.3 Improved Aesthetics, Accuracy, and Battery Life of Devices
                       3.1.2 Market Restraint Analysis
                           3.1.2.1 Limited Functionality of Devices
                           3.1.2.2 Difficulties in Enter Health Care Sector
                   3.2 Penetration & growth prospect mapping
                   3.3 Hi-Tech Medical Devices - SWOT Analysis, By Factor (political & legal, economic and technological)
                   3.4 Industry Analysis - Porter's
Chapter 4 Products Estimates & Trend Analysis
                   4.1 Hi-Tech medical devices market: Product movement analysis
                   4.2 Smart Phones
                       4.2.1 Smart phones market estimates & forecasts, 2014 - 2025 (USD Million)
                   4.3 Tablets
                       4.3.1 Tablets market estimates & forecasts, 2014 - 2025 (USD Million)
                   4.4 Smart watch
                       4.4.1 Smart watch market estimates & forecasts, 2014 - 2025 (USD Million)
                   4.5 Fitness tracker
                       4.5.1 Fitness tracker market estimates & forecasts, 2014 - 2025 (USD Million)
                   4.6 Virtual Reality (VR) set
                       4.6.1 VR set market estimates & forecasts, 2014 - 2025 (USD Million)
                   4.7 Other devices
                       4.7.1 Other devices market estimates & forecasts, 2014 - 2025 (USD Million)
Chapter 5 Site Estimates & Trend Analysis
                   5.1 Hi-Tech medical devices market: Site movement analysis
                   5.2 Handheld
                       5.2.1 Handheld hi-tech devices market estimates & forecasts, 2014 - 2025 (USD Million)
                   5.3 Headband
                       5.3.1 Headband hi-tech devices market estimates & forecasts, 2014 - 2025 (USD Million)
                   5.4 Strap, Clip & Bracelet
                       5.4.1 Strap, clip & bracelet hi-tech devices market estimates & forecasts, 2014 - 2025 (USD Million)
                   5.5 Shoe sensor
                       5.5.1 Shoe sensor hi-tech devices market estimates & forecasts, 2014 - 2025 (USD Million)
                   5.6 Other
                       5.6.1 Other hi-tech devices market estimates & forecasts, 2014 - 2025 (USD Million)
Chapter 6 Regional Estimates & Trend Analysis, by Products and Site
                   6.1 Hi-tech medical devices market share by region, 2016 & 2025
                   6.2 North America
                       6.2.1 North America hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
                       6.2.2 U.S.
                           6.2.2.1 U.S. hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
                       6.2.3 Canada
                           6.2.3.1 Canada hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
                   6.3 Europe
                       6.3.1 Europe hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
                       6.3.2 U.K.
                           6.3.2.1 U.K. hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
                       6.3.3 Germany
                           6.3.3.1 Germany hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
                   6.4 Asia Pacific
                       6.4.1 Asia Pacific hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
                       6.4.2 Japan
                           6.4.2.1 Japan hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
                       6.4.3 China
                           6.4.3.1 China hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
                   6.5 Latin America
                       6.5.1 Latin America hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
                       6.5.2 Brazil
                           6.5.2.1 Brazil hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
                       6.5.3 Mexico
                           6.5.3.1 Mexico hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
                   6.6 MEA
                       6.6.1 MEA hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
                       6.6.2 South Africa
                           6.6.2.1 South Africa hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
                       6.6.3 Saudi Arabia
                           6.6.3.1 Saudi Arabia hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
Chapter 7 Competitive Landscape
                   7.1 Strategy framework
                   7.2 Company Profiles
                       7.2.1 Apple Inc.
                           7.2.1.1 Company overview
                           7.2.1.2 Financial performance
                           7.2.1.3 Product benchmarking
                           7.2.1.4 Strategic initiatives
                       7.2.2 Google Inc.
                           7.2.2.1 Company overview
                           7.2.2.2 Financial performance
                           7.2.2.3 Product benchmarking
                           7.2.2.4 Strategic initiatives
                       7.2.3 Adidas AG
                           7.2.3.1 Company overview
                           7.2.3.2 Financial performance
                           7.2.3.3 Product benchmarking
                           7.2.3.4 Strategic initiatives
                       7.2.4 Nike, Inc.
                           7.2.4.1 Company overview
                           7.2.4.2 Financial performance
                           7.2.4.3 Product benchmarking
                           7.2.4.4 Strategic initiatives
                       7.2.5 Samsung
                           7.2.5.1 Company overview
                           7.2.5.2 Financial performance
                           7.2.5.3 Product benchmarking
                           7.2.5.4 Strategic initiatives
                       7.2.6 Sony Corporation
                           7.2.6.1 Company overview
                           7.2.6.2 Financial performance
                           7.2.6.3 Product benchmarking
                           7.2.6.4 Strategic initiatives
                       7.2.7 Xiaomi
                           7.2.7.1 Company overview
                           7.2.7.2 Product benchmarking
                           7.2.7.3 Strategic initiatives
                       7.2.8 virtual-realities limited
                           7.2.8.1 Company overview
                           7.2.8.2 Product benchmarking
                           7.2.8.3 Strategic initiatives
                       7.2.9 CAE HEALTHCARE
                           7.2.9.1 Company overview
                           7.2.9.2 Financial performance
                           7.2.9.3 Product benchmarking
                           7.2.9.4 Strategic initiatives

List of Tables

Table 1 List of secondary sources 
Table 2 List of Abbreviation 
Table 3 Global Hi-Tech Medical Devices Market Estimates & Forecasts, by Region, 2014 - 2025 (USD Million)
Table 4 Global Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 5 Global Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 6 North America Hi-Tech Medical Devices Market Estimates & Forecasts, by Country, 2014 - 2025 (USD Million)
Table 7 North America Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 8 North America Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 9 U.S. Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 10 U.S. Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 11 Canada Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 12 Canada Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 13 Europe Hi-Tech Medical Devices Market Estimates & Forecasts, by Country, 2014 - 2025 (USD Million)
Table 14 Europe Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 15 Europe Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 16 U.K. Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 17 U.K. Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 18 Germany Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 19 Germany Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 20 Asia Pacific Hi-Tech Medical Devices Market Estimates & Forecasts, by Country, 2014 - 2025 (USD Million)
Table 21 Asia Pacific Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 22 Asia Pacific Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 23 Japan Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 24 Japan Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 25 China Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 26 China Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 27 Latin America Hi-Tech Medical Devices Market Estimates & Forecasts, by Country, 2014 - 2025 (USD Million)
Table 28 Latin America Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 29 Latin America Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 30 Brazil Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 31 Brazil Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 32 Mexico Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 33 Mexico Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 34 MEA Hi-Tech Medical Devices Market Estimates & Forecasts, by Country, 2014 - 2025 (USD Million)
Table 35 MEA Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 36 MEA Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 37 South Africa Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 38 South Africa Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)
Table 39 Saudi Arabia Hi-Tech Medical Devices Market Estimates & Forecasts, by Product, 2014 - 2025 (USD Million)
Table 40 Saudi Arabia Hi-Tech Medical Devices Market Estimates & Forecasts, by Site, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Market research process
FIG. 2 Information Procurement
FIG. 3 Primary research pattern
FIG. 4 Market research approaches
FIG. 5 Value chain based sizing & forecasting
FIG. 6 QFD modelling for market share assessment
FIG. 7 Market summary (USD Million), 2016
FIG. 8 Market trends & outlook
FIG. 9 Market segmentation & scope
FIG. 10 Market driver relevance analysis (Current & future impact)
FIG. 11 Market restraint relevance analysis (Current & future impact)
FIG. 12 Penetration & growth prospect mapping
FIG. 13 SWOT Analysis, By Factor (political & legal, economic and technological)
FIG. 14 Porter's Five Forces Analysis
FIG. 15 Hi-Tech medical devices market product outlook key takeaways
FIG. 16 Hi- Tech medical devices market: Products movement analysis
FIG. 17 Smart phones market, 2014 - 2025 (USD Million)
FIG. 18 Tablets market, 2014 - 2025 (USD Million)
FIG. 19 Smart watch market, 2014 - 2025 (USD Million)
FIG. 20 Fitness tracker market, 2014 - 2025 (USD Million)
FIG. 21 VR set market, 2014 - 2025 (USD Million)
FIG. 22 Other devices market, 2014 - 2025 (USD Million)
FIG. 23 Hi-Tech medical devices market site outlook key takeaways
FIG. 24 Hi- Tech medical devices market: Site movement analysis
FIG. 25 Handheld hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 26 Headband hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 27 Strap, clip & bracelet hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 28 Shoe sensor hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 29 Other hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 30 Regional market place: Key takeaways
FIG. 31 Regional outlook, 2016 & 2025
FIG. 32 North America hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 33 U.S. hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 34 Canada hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 35 Europe hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 36 U.K. hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 37 Germany hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 38 Asia Pacific hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 39 Japan hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 40 China hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 41 Latin America hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 42 Brazil hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 43 Mexico hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 44 MEA hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 45 South Africa hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 46 Saudi Arabia hi-tech medical devices market, 2014 - 2025 (USD Million)
FIG. 47 Strategy framework