Smart Medical Devices Market Analysis By Product (Diagnostic & Monitoring and Therapeutic Device), By Distribution Channel (Pharmacies, Online Channel), By End User (Hospitals, Clinics, Homecare), And Segment Forecasts, 2014 - 2025

Published: Jul, 2017 | Pages: 104 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global smart medical devices market is expected to reach USD 24.46 billion by 2025, according to a new report by Grand View Research, Inc. The increasing adoption of smartphones is observed as a major factor driving market growth. In addition, the technological advancement and the rising awareness and focus on fitness is driving the market.

The increasing demand for wireless and smartphone compatible devices which is enhancing the diagnosis and makes accurate detection is making it convenient for patients to monitor their health anywhere and save the result on the connected device, is additionally driving the market.

Diagnostic and monitoring segment was the largest product category in 2015, but is expected to register a lower growth as compared to the therapeutic segment over the forecast period. Blood pressure monitor was the major diagnostic and monitoring device used by the patients in 2015 and accounts for a share of over 20.0% in 2015.

Online channel is the largest shareholder with an estimated CAGR of about 22.0% from 2016 to 2025. The trending online purchase for discounts, flexibility, convenience and availability of wide range of products with varying prices is leading to demand for purchasing smart medical devices online Additionally, the use of smartphones is expected the boost the market.

Further key findings from the report suggest:

• The global smart medical devices witnessed a lucrative growth in 2015 and is expected to grow at a CAGR of over 20.0% from 2016 to 2025

• Diagnostic and monitoring segment emerged as the largest product segment in 2015 and is estimated to generate revenue over USD 8.0 billion by 2025

• The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments across major economies. The regional market is expected to grow at a CAGR of over 20.0% from 2016 to 2025

• Key players including Abbott Laboratories, Apple Inc, Dexcom Inc, Fitbit Inc and Medtronic plc among the others dominate the global smart medical devices market while accounting for majority of the volume in 2015

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Information Procurement
                       1.1.1. Purchased Database
                       1.1.2. GVR's Internal Database
                  1.2. Data Analysis
                  1.3. Market Formulation & Validation
                  1.4. Approaches for Market Estimation
                       1.4.1. Approach 1: Commodity Flow & Bottom Up Approach
                       1.4.2. Approach 2: Top Down and Parent Market Analysis
Chapter 2. Executive Summary
                  2.1. Market Summary, 2016
Chapter 3. Smart Medical Devices Market Variables, Trends & Scope
                  3.1. Market Segmentation & Scope
                  3.2. Market Driver Analysis
                  3.3. Market Restraint Analysis
                  3.4. Top Ten Smart Medical Devices: Impact on Healthcare Industry
                  3.5. Smart Medical Devices Market: Role of Smart Phones
                  3.6. Penetration & Growth Prospect Mapping
                  3.7. SWOT Analysis, By Factor
                       3.7.1. Political
                       3.7.2. Economic
                       3.7.3. Technological
                  3.8. Industry Analysis - Porter's
Chapter 4. Smart Medical Devices Market: Product Estimates & Trend Analysis
                  4.1. Product Movement Analysis & Market Share, 2016 & 2025
                  4.2. Market Size & Forecasts and Trend Analyses, 2014 to 2025 for the following product:
                       4.2.1. Diagnostics and monitoring devices
                            4.2.1.1. Blood glucose monitors
                                 4.2.1.1.1. Wearable
                                 4.2.1.1.2. Others
                            4.2.1.2. Heart rate monitors
                                 4.2.1.2.1. Wearable
                                 4.2.1.2.2. Others
                            4.2.1.3. Pulse oximeters
                                 4.2.1.3.1. Wearable
                                 4.2.1.3.2. Others
                            4.2.1.4. Blood pressure monitors
                                 4.2.1.4.1. Wearable
                                 4.2.1.4.2. Others
                            4.2.1.5. Breath analyzer
                                 4.2.1.5.1. Wearable
                                 4.2.1.5.2. Others
                            4.2.1.6. Medical tricorder
                                 4.2.1.6.1. Wearable
                                 4.2.1.6.2. Others
                            4.2.1.7. Smart clothing
                       4.2.2. Therapeutic device
                            4.2.2.1. Portable oxygen concentrators and ventilators
                                 4.2.2.1.1. Wearable
                                 4.2.2.1.2. Others
                            4.2.2.2. Insulin pumps
                                 4.2.2.2.1. Wearable
                                 4.2.2.2.2. Others
                            4.2.2.3. Hearing aids
                            4.2.2.4. Others
                                 4.2.2.4.1. Wearable
                                 4.2.2.4.2. Others 
Chapter 5. Smart Medical Devices Market: Distribution Channel Estimates & Trend Analysis
                  5.1. Distribution Channel Movement Analysis & Market Share, 2016 & 2025
                  5.2. Market Size & Forecasts and Trend Analyses, 2014 to 2025 for the following distribution channel:
                       5.2.1. Pharmacies
                       5.2.2. Online channel
                       5.2.3. Others (hypermarkets)
Chapter 6. Smart Medical Devices Market: End-use Estimates & Trend Analysis
                  6.1. End-use Movement Analysis & Market Share, 2016 & 2025
                  6.2. Market Size & Forecasts and Trend Analyses, 2014 to 2025 for the following end-users:
                       6.2.1. Hospitals 
                       6.2.2. Clinics 
                       6.2.3. Home care
                       6.2.4. Others (sports and fitness) 
Chapter 7. Smart Medical Devices Market: Regional Estimates & Trend Analysis
                  7.1. Regional Movement Analysis & Market Share, 2016 & 2025
                  7.2. Market Size & Forecasts and Trend Analyses, 2014 to 2025 for the following region:
                       7.2.1. North America
                            7.2.1.1. U.S. Market Estimates & Forecasts, by product, 2014 - 2025 (USD Million)
                            7.2.1.2. U.S. Market Estimates & Forecasts, by distribution channel, 2014 - 2025 (USD Million)
                            7.2.1.3. U.S. Market Estimates & Forecasts, by end-use, 2014 - 2025 (USD Million)
                            7.2.1.4. Canada Market Estimates & Forecasts, by product, 2014 - 2025 (USD Million)
                            7.2.1.5. Canada Market Estimates & Forecasts, by distribution channel, 2014 - 2025 (USD Million)
                            7.2.1.6. Canada Market Estimates & Forecasts, by end-use, 2014 - 2025 (USD Million)
                       7.2.2. Europe
                            7.2.2.1. UK Market Estimates & Forecasts, by product, 2014 - 2025 (USD Million)
                            7.2.2.2. UK Market Estimates & Forecasts, by distribution channel, 2014 - 2025 (USD Million)
                            7.2.2.3. UK Market Estimates & Forecasts, by end-use, 2014 - 2025 (USD Million)
                            7.2.2.4. Germany Market Estimates & Forecasts, by product, 2014 - 2025 (USD Million)
                            7.2.2.5. Germany Market Estimates & Forecasts, by distribution channel, 2014 - 2025 (USD Million)
                            7.2.2.6. Germany Market Estimates & Forecasts, by end-use, 2014 - 2025 (USD Million)
                       7.2.3. Asia Pacific
                            7.2.3.1. Japan Market Estimates & Forecasts, by product, 2014 - 2025 (USD Million)
                            7.2.3.2. Japan Market Estimates & Forecasts, by distribution channel, 2014 - 2025 (USD Million)
                            7.2.3.3. Japan Market Estimates & Forecasts, by end-use, 2014 - 2025 (USD Million)
                            7.2.3.4. China Market Estimates & Forecasts, by product, 2014 - 2025 (USD Million)
                            7.2.3.5. China Market Estimates & Forecasts, by distribution channel, 2014 - 2025 (USD Million)
                            7.2.3.6. China Market Estimates & Forecasts, by end-use, 2014 - 2025 (USD Million)
                       7.2.4. Latin America
                            7.2.4.1. Brazil Market Estimates & Forecasts, by product, 2014 - 2025 (USD Million)
                            7.2.4.2. Brazil Market Estimates & Forecasts, by distribution channel, 2014 - 2025 (USD Million)
                            7.2.4.3. Brazil Market Estimates & Forecasts, by end-use, 2014 - 2025 (USD Million)
                            7.2.4.4. Mexico Market Estimates & Forecasts, by product, 2014 - 2025 (USD Million)
                            7.2.4.5. Mexico Market Estimates & Forecasts, by distribution channel, 2014 - 2025 (USD Million)
                            7.2.4.6. Mexico Market Estimates & Forecasts, by end-use, 2014 - 2025 (USD Million)
                       7.2.5. MEA
                            7.2.5.1. South Africa Market Estimates & Forecasts, by product, 2014 - 2025 (USD Million)
                            7.2.5.2. South Africa Market Estimates & Forecasts, by distribution channel, 2014 - 2025 (USD Million)
                            7.2.5.3. South Africa Market Estimates & Forecasts, by end-use, 2014 - 2025 (USD Million)
                            7.2.5.4. Saudi Arabia Market Estimates & Forecasts, by product, 2014 - 2025 (USD Million)
                            7.2.5.5. Saudi Arabia Market Estimates & Forecasts, by distribution channel, 2014 - 2025 (USD Million)
                            7.2.5.6. Saudi Arabia Market Estimates & Forecasts, by end-use, 2014 - 2025 (USD Million)
Chapter 8. Competitive Landscape
                  8.1. Strategy Framework
                  8.2. Company Profiles
                       8.2.1. Abbott Laboratories
                            8.2.1.1. Company overview
                            8.2.1.2. Financial performance
                            8.2.1.3. Product benchmarking
                            8.2.1.4. Strategic initiatives
                       8.2.2. Apple Inc.
                            8.2.2.1. Company overview
                            8.2.2.2. Financial performance
                            8.2.2.3. Product benchmarking
                            8.2.2.4. Strategic initiatives
                       8.2.3. Dexcom Inc.
                            8.2.3.1. Company overview
                            8.2.3.2. Financial performance
                            8.2.3.3. Product benchmarking
                            8.2.3.4. Strategic initiatives
                       8.2.4. Fitbit Inc.
                            8.2.4.1. Company overview
                            8.2.4.2. Financial performance
                            8.2.4.3. Product benchmarking
                            8.2.4.4. Strategic initiatives
                       8.2.5. F. Hoffmann-La Roche Ltd
                            8.2.5.1. Company overview
                            8.2.5.2. Financial performance
                            8.2.5.3. Product benchmarking
                            8.2.5.4. Strategic initiatives
                       8.2.6. Johnson & Johnson
                            8.2.6.1. Company overview
                            8.2.6.2. Financial performance
                            8.2.6.3. Product benchmarking
                            8.2.6.4. Strategic initiatives
                       8.2.7. Medtronic plc
                            8.2.7.1. Company overview
                            8.2.7.2. Financial performance
                            8.2.7.3. Product benchmarking
                            8.2.7.4. Strategic initiatives
                       8.2.8. NeuroMetrix Inc
                            8.2.8.1. Company overview
                            8.2.8.2. Financial performance
                            8.2.8.3. Product benchmarking
                            8.2.8.4. Strategic initiatives
                       8.2.9. Sonova
                            8.2.9.1. Company overview
                            8.2.9.2. Financial performance
                            8.2.9.3. Product benchmarking
                            8.2.9.4. Strategic initiatives
                       8.2.10. Zephyr Technology Corporation
                            8.2.10.1. Company overview
                            8.2.10.2. Financial performance
                            8.2.10.3. Product benchmarking
                            8.2.10.4. Strategic initiatives
                       8.2.11. Everist Genomics
                            8.2.11.1. Company overview
                            8.2.11.2. Financial performance
                            8.2.11.3. Product benchmarking
                            8.2.11.4. Strategic initiatives
                       8.2.12. Vital Connect
                            8.2.12.1. Company overview
                            8.2.12.2. Financial performance
                            8.2.12.3. Product benchmarking
                            8.2.12.4. Strategic initiatives
                       8.2.13. Philips Electronics
                            8.2.13.1. Company overview
                            8.2.13.2. Financial performance
                            8.2.13.3. Product benchmarking
                            8.2.13.4. Strategic initiatives
                       8.2.14. Sotera Wireless
                            8.2.14.1. Company overview
                            8.2.14.2. Financial performance
                            8.2.14.3. Product benchmarking
                            8.2.14.4. Strategic initiatives
                       8.2.15. Omron Corporation
                            8.2.15.1. Company overview
                            8.2.15.2. Financial performance
                            8.2.15.3. Product benchmarking
                            8.2.15.4. Strategic initiatives

List of Tables

TABLE 1 North America smart medical devices market estimates and forecast by product, 2014 - 2025
TABLE 2 North America smart medical devices market estimates and forecast by distribution channel, 2014 - 2025 (USD Million)
TABLE 3 North America smart medical devices market estimates and forecast by end-user, 2014 - 2025
TABLE 4 U.S. smart medical devices market estimates and forecast by product, 2014 - 2025
TABLE 5 U.S. smart medical devices market estimates and forecast by distribution channel (USD Million)
TABLE 6 U.S. smart medical devices market estimates and forecast by end-user, 2014 - 2025
TABLE 7 Canada smart medical devices market estimates and forecast by product, 2014 - 2025
TABLE 8 Canada smart medical devices market estimates and forecast by distribution channel (USD Million)
TABLE 9 Canada smart medical devices market estimates and forecast by end-user, 2014 - 2025
TABLE 10 Europe smart medical devices market estimates and forecast by product, 2014 - 2025
TABLE 11 Europe smart medical devices market estimates and forecast by distribution channel, 2014 - 2025
TABLE 12 Europe smart medical devices market estimates and forecast by end-user (USD Million)
TABLE 13 U.K smart medical devices market estimates and forecast by product, 2014 - 2025
TABLE 14 U.K smart medical devices market estimates and forecast by distribution channel, 2014 - 2025 (USD Million)
TABLE 15 U.K smart medical devices vitamin market estimates and forecast by end-user, 2014 - 2025
TABLE 16 Germany smart medical devices vitamin market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 17 Germany smart medical devices antioxidants market estimates and forecast by distribution channel, 2014 - 2025
TABLE 18 Germany smart medical devices antioxidants market estimates and forecast by end-user, 2014 - 2025 (USD Million)
TABLE 19 Asia Pacific smart medical devices market estimates and forecast by product, 2014 - 2025 
TABLE 20 Asia Pacific smart medical devices market estimates and forecast by distribution channel, 2014 - 2025 (USD Million)
TABLE 21 Asia Pacific smart medical devices market estimates and forecast by end-user, 2014 - 2025
TABLE 22 China smart medical devices market estimates and forecast by product, 2014 - 2025
TABLE 23 China smart medical devices market estimates and forecast by distribution channel (USD Million)
TABLE 24 China smart medical devices market estimates and forecast by end-user, 2014 - 2025
TABLE 25 Japan smart medical devices market estimates and forecast by product, 2014 - 2025
TABLE 26 Japan smart medical devices market estimates and forecast by distribution channel (USD Million)
TABLE 27 Japan smart medical devices market estimates and forecast by end-user, 2014 - 2025
TABLE 28 Latin America other smart medical devices market estimates and forecast by products, 2014 - 2025 (USD Million)
TABLE 29 Latin America smart medical devices market estimates and forecast by distribution channel, 2014 - 2025
TABLE 30 Latin America smart medical devices market estimates and forecast by end-user, 2014 - 2025 (USD Million)
TABLE 31 Brazil smart medical devices market estimates and forecast by product, 2014 - 2025
TABLE 32 Brazil smart medical devices market estimates and forecast by distribution channel (USD Million)
TABLE 33 Brazil smart medical devices market estimates and forecast by end-user, 2014 - 2025
TABLE 33 Mexico smart medical devices market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 34 Mexico smart medical devices market estimates and forecast by distribution channel, 2014 - 2025
TABLE 35 Mexico smart medical devices market estimates and forecast by end-user, 2014 - 2025 (USD Million)
TABLE 36 Middle East Asia smart medical devices market estimates and forecast by product, 2014 - 2025
TABLE 37 Middle East Asia smart medical devices market estimates and forecast by distribution channel, 2014 - 2025 (USD Million)
TABLE 38 Middle East Asia smart medical devices market estimates and forecast by end-user, 2014 - 2025 
TABLE 39 South Africa smart medical devices market estimates and forecast by product, 2014 - 2025
TABLE 40 South Africa smart medical devices market estimates and forecast by distribution channel (USD Million)
TABLE 41 South Africa smart medical devices market estimates and forecast by end-user, 2014 - 2025