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Wearable Medical Devices Market: An In-depth Analysis from 2018-2027, Highlighting Key Players, Types, Applications, Regional Trends, Opportunities, Challenges, and Risk Factors in the Competitive Landscape | Douglas Insights

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Isle of Man, Jan. 31, 2023 (GLOBE NEWSWIRE) — The global wearable medical devices market is growing faster due to various market drivers, but technological advancements and developments are the main drivers of growth.

These wearable medical devices include sleep and fitness trackers, smartwatches, finger rings, pulse oximeters, body sensors, etc.

They are portable equipment that can monitor and diagnose patients’ vital health signals like blood pressure, respiration rate, heart rate, etc. These devices are placed externally on the patient’s body or worn to collect crucial data about patient health.

Wearable medical devices allow their users to view their vitals and other indicators of good health, as well as a variety of medical treatments. Not only are they a great product to improve the patient population’s lifestyle, but also to improve the lifestyle of the general population.

These devices can provide real-time data and historical data for evaluation while making it easy for everyone to use, thanks to user-friendly interfaces. Wearable medical devices have plenty of applications in the healthcare sector.

With technological innovation, features like EKG capabilities, fall detection, and a real-time blood glucose monitor have been added to these devices.

Other technological advancements, like artificial intelligence (AI), are also improving wearable medical devices. Recently, the FDA approved AI-based wearable technology that can measure different vital signs for at-home patient use.

Browse to access an In-depth research report on Global Wearable Medical Devices Market with detailed charts and figures:     https://douglasinsights.com/wearable-medical-devices-market    

Such technologies are a key driver for the global wearable medical devices market. The COVID-19 pandemic has further boosted the growth of this market due to a surge in health consciousness, awareness, and demand for at-home health monitoring and diagnoses.

Other features of wearable medical devices, like contact tracing capabilities and prompts to maintain social distancing, have helped them gain popularity since the pandemic. On the other hand, a wide range of fitness tracking, mental care, and individualised reporting features have made them attractive to the general public, fitness enthusiasts, athletes, and professionals.

Once again, these features are accredited to technological advancements. They are the key factor driving the growth and boom of the global wearable medical devices market. Of course, there are other growth drivers, like increased cases of chronic diseases worldwide and the global rise in health consciousness and fitness trends.

The wearable medical devices industry has also been spurred by the widespread application of smartphones, mobile devices, and healthcare apps. The rise of such remote health information systems has significantly improved patient comfort, furthering demand.

However, as with any market’s growth, there are some restraints. Factors such as the high cost of acquisition, the high cost of maintaining them, and limited life cycles deter widespread adoption.

Another key restraint to the growth of the global wearable medical devices market is unfavourable regulations in certain regions. For example, many countries in the European region consider medical treatment with the physical presence of a doctor with the patient.

So, remote treatment solutions, like from certain wearable medical devices, are not eligible for reimbursement. Such outdated regulations are stifling the development of remote and wearable healthcare solutions.

However, once again, technology has the answer to this restraint. Advancements like 5G connectivity, AI, and machine learning (ML) capabilities are helping overcome the lack of real-time diagnosis and connection between doctors and patients.

These technologies also provide predictive diagnosis, which is further helping patient care. Ultimately, these new technologies can help innovate solutions and add to the growth of the wearable medical devices market.

However, the mentioned things alone do not paint the full picture of the global wearable medical devices market and technology’s hand in its growth.

For that, Douglas Insights offers a comprehensive report on this market that outlines everything about the industry and market, its current state, and projections about its future in the coming years.

You can identify the current and future potential of the wearable medical devices market and gain a detailed analysis of the growth drivers, restraints, growth opportunities, market trends, regulatory scenario, competitive environment, and more.

Browse to access an In-depth research report on Global Wearable Medical Devices Market with detailed charts and figures:     https://douglasinsights.com/wearable-medical-devices-market    

It gives deep insights into the competition and descriptive company profiles of the key global market players, such as Abbott, General Electric Co., Medtronic PLC, Siemens Healthineers AG, Thync Inc. and VivoSensMedical GmbH.

Businesses can also access actionable information like growth projections, market trends, historic data, and CAGR to help predict production schedules and other aspects of their business.

The report makes it easy for businesses to learn about developing promising devices and technologies and how likely they can be marketable in the coming years.

There are insights on various relevant details in the global wearable medical devices market, like research and development, revenue and market share analysis, and information on mergers and acquisitions and collaboration agreements.

Since the report highlights the global market, there is a detailed analysis of the market by region, including North America, Europe, Asia-Pacific, the Middle East, Africa, and South America.

You will gain a highlight on the upcoming market potential and areas of focus to forecasting this market into various segments and sub-segments.

Whether you are a marketer, business person, investor, or professional in the wearable medical devices industry, this report is essential for you, as it can positively affect your major future decisions through data-driven analysis.

The report will enlighten you on recent global trends and technologies propelling the global wearable medical devices market. Not only will you get a better idea of the opportunities in the market, but also about the pitfalls you must avoid.

Things like government regulations, market challenges, risks, restraints, issues, and technological challenges are highlighted for you to learn from.

The sheer detail of this report will amaze you and provide a detailed overview of the market you need to succeed. More than anything, the report is an investment into your future in the wearable medical devices industry.

Set a budget for a custom project and see offers from publishers all over the world: https://douglasinsights.com/projects

Countries Covered in the report are as below:

  • North America – United States, Canada, and Mexico
  • Europe – United Kingdom, Germany, France, Italy, Russia, Spain & Rest of Europe
  • Asia-Pacific – China, India, Japan, South Korea, Australia & Rest of APAC
  • Latin America – Brazil, Argentina, Peru, Chile & Rest of Latin America
  • Middle East and Africa – Saudi Arabia, UAE, Israel, South Africa

Segmentation Covered into Global Wearable Medical Devices Market-

By Type:

 Activity Monitors

 Smartwatches

 Smart Clothing

 Patches

By Distribution Channel:

 Pharmacies

 Online Channel

 Hypermarkets

By Device Type:

 Diagnostics & Monitoring Devices

o Vital Signs Monitoring Devices

o Glucose Monitoring Devices

o Sleep Monitoring Devices

o Fatal Monitoring & Obstetric Devices

o Neuromonitoring Devices

 Therapeutic Devices

o Pain Management Devices

o Rehabilitation Devices

o Respiratory Therapy Devices

o Insulin Pumps

By Application:

 Sports & Fitness

 Remote Patient Monitoring

 Home Healthcare

By Regions:

 North America

o U.S.

o Canada

 Europe

o UK

o Germany

 Asia Pacific

o China

o India

o Japan

 Latin America

o Brazil

o Mexico

 Rest of the World

Key questions answered in this report

  • COVID 19 impact analysis on global Wearable Medical Devices industry.
  • What are the current market trends and dynamics in the Wearable Medical Devices market and valuable opportunities for emerging players?
  • What is driving Wearable Medical Devices market?
  • What are the key challenges to market growth?
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which product type segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Wearable Medical Devices market?
  • Key growth pockets on the basis of regions, types, applications, and end-users
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?

Unique data points of this report

  • Statistics on Wearable Medical Devices and spending worldwide
  • Recent trends across different regions in terms of adoption of Wearable Medical Devices across industries
  • Notable developments going on in the industry
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2028 (forecast)

Access complete report-   https://douglasinsights.com/wearable-medical-devices-market   

Inquire (for customization, for specific regions, etc.): https://douglasinsights.com/static/contact-us

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About Douglas Insights-

Douglas Insights UK limited is the first company to provide comparison of market research reports by Table of content, price, ratings and number of pages. We understand the value of time. Productivity and efficiency are possible when you take prompt and assured decisions. With our advanced algorithm, filters, and comparison engine, you can compare your preferred reports simultaneously, based on publisher rating, published date, price, and list of tables. Our data portal enables you to find and review the reports from several publishers. You can evaluate numerous reports on the same screen and select the sample for your best match.


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Astro, Malaysia’s Largest Broadcaster Selects Amagi and AWS to transition Playout Services to the Cloud

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KUALA LUMPUR, Malaysia, May 29, 2024 /PRNewswire/ — Amagi, the leader in cloud-based SaaS technology for broadcast and connected TV (CTV), deployed on Amazon Web Services (AWS), today announced its partnership with Malaysia’s leading media and entertainment company – Astro Malaysia Holdings Berhad (Astro). 

Astro, Malaysia’s leading content and entertainment company, in partnership with Amagi, is modernizing systems and infrastructure for the playout and origination of its existing Linear Channels and Playout Disaster Recovery capabilities and transitioning them to AWS, the world’s most comprehensive and broadly adopted cloud. This marks a milestone in ASEAN’s broadcast industry. The Amagi playout deployment will help Astro optimize its media operations, enhance business agility, increase service resilience, and mitigate the risks of maintaining legacy systems.
The upcoming launch of the AWS Asia Pacific (Malaysia) Region complements Astro’s ongoing broadcast transformation journey, which aims to further enable the deployment of innovative media and entertainment solutions. By capitalizing on the robust cloud infrastructure, unparalleled scalability, and advanced services provided by AWS, Astro aims to further improve enhanced in-country network infrastructure resiliency and performance, thus delivering enriched customer experiences.
Defining the Future of Broadcast
Broadcasters have traditionally managed their channel automation and playout systems within on-premises data centers. As Astro continues its expansion across multiple regions, the organization will see workflows being optimized, media operations enhanced, and playout system management streamlined. To further complement the company’s pursuit of these goals, Astro will implement Amagi’s flagship products on AWS: the Amagi CLOUDPORT channel playout platform and the Amagi MONITORING solution. These advanced solutions will support Astro’s commitment to operational excellence, offering enhanced resiliency and enabling quicker upgrades to service capabilities, thereby meeting the evolving needs of the broadcasting landscape.
Mauro Di Pietro Paolo, Chief Technology Officer at Astro said, “As Malaysia’s leading broadcaster, Astro continues to drive innovation, and our partnership with Amagi underscores our continuous dedication to pioneering advancements in the industry. At Astro, we needed a playout platform that would align with our vision for transformation in our broadcast and media operations, have in-built disaster recovery capabilities, and provide a modernization path for our end-of-life on-premises systems. We’ve selected Amagi because of their proven track record of deploying playout systems on AWS and have demonstrated their ability to be a transformational platform.”
Srinivasan KA, Co-Founder and Chief Revenue Officer at Amagi said, “We are delighted to partner with Astro, one of the most innovative and forward-looking media companies in Asia, to help them achieve their cloud transformation goals. By leveraging our cloud-native solutions built on AWS’s global infrastructure, we can provide Astro with a scalable, secure, and cost-effective playout platform to support their current and future needs. This collaboration also demonstrates our commitment to empowering media companies with cutting-edge cloud technology and best-in-class service.”
“The broadcast industry is rapidly changing, requiring broadcasters to stay competitive with increased agility, resiliency, cost efficiency, and unified workflows, which can be achieved with AWS cloud. AWS is proud to work with solutions providers like Amagi to drive the industry forward,” said Pete Murray, Country Manager at AWS. “We’re thrilled to see our long-term customer Astro continue its transformative journey to delight their customers, and with Amagi, we look forward to digitalizing and advancing the future of Malaysia’s media and entertainment industry.”
Amagi and Astro launched broadcast station playout origination on AWS for the first channels and disaster recovery services in May 2024. This marks the first large-scale, cloud-based playout solution by a broadcaster in Malaysia. To meet the ever-changing needs of these networks, Amagi will continue to work closely with Astro to scale and evolve its Amagi CLOUDPORT solution.
About Astro
Astro Malaysia Holdings Berhad (Astro) is Malaysia’s leading content and entertainment company, serving 5.3 million homes or 67% of Malaysian TV households, 8,400 enterprises, 18.2 million weekly listeners across FM radio and online, and 15.6 million visitors to our digital brands every month. We serve Malaysians with 3 distinct services – Astro Pay-TV, NJOI Prepaid and sooka, our own OTT for the millennials; and Astro Fibre, our own broadband service, offers greater value with its content-broadband bundles. Close to a million homes are already streaming the best of home entertainment via our Hybrid 4K UHD Ultra Box and HD Ulti Box, which can be self-installed and run on both satellite and broadband. Today, our customers enjoy streaming our local signatures, Astro Originals, live sports and the best global shows from Netflix, Disney+ Hotstar, HBO GO, iQIYI, TVBAnywhere+, beIN SPORTS CONNECT, BBC Player, Viu, ZEE5, WeTV, Qalbox by MuslimPro, and our own TV companion app Astro GO. Astro Radio, home to the country’s highest-rated radio brands across all key languages, and our digital brands including AWANI, SYOK, Gempak, Xuan and Astro Ulagam, connect Malaysians to content and stories that matter.
About Amagi 
Amagi is a next-generation media technology company that provides cloud broadcast and targeted advertising solutions to broadcast TV and streaming TV platforms. Amagi enables content owners to launch, distribute, and monetize live linear channels on Free Ad-supported Streaming TV and video services platforms. Amagi also offers 24×7 cloud-managed services bringing simplicity, advanced automation, and transparency to the entire broadcast operations. Overall, Amagi supports 800+ content brands, 800+ playout chains, and over 3800+ channel deliveries on its platform in over 150 countries. Amagi has a presence in New York, Los Angeles, London, Paris, Melbourne, Seoul, Singapore, and broadcast operations in New Delhi, and innovation centers in Bangalore, Zagreb, and Lodz.
About Amazon Web Services
For over 15 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud platform. AWS offers over 200 fully-featured services for compute, storage, databases, networking, analytics, machine learning, and AI, Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 102 Availability Zones (AZs) within 32 geographic regions around the world.
In March 2023, AWS announced plans to launch an AWS Infrastructure Region in Malaysia in 2024. As part of its commitment to the region, AWS is planning to invest $6 billion (approx. MYR 25.5 billion) in Malaysia by 2037.
Amagi Contact: Aashish WashikarDirector – Corporate CommunicationsEmail: [email protected] : +91 9533390005
Photo: https://mma.prnewswire.com/media/2423741/Amagi_and_AWS.jpg
 

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The European Patent Office, The world’s most powerful permanent magnet: Japanese inventor selected as finalist for the European Inventor Award 2024

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MUNICH, May 29, 2024 /PRNewswire/ — Magnets are all around us, they drive a wide array of modern technologies and exist in one way or another in almost every field on Earth. Permanent neodymium magnets are found nowadays in mobile phones, MRI scanners, electric vehicle motors, wind turbines and security systems as well as in jewellery, ABS brakes, pumps and generators. Their roles go from fastening boxes to helping generate electricity, guiding medical equipment and levitating components. The multifunctional benefits of magnets have changed the way our world works, and Sagawa’s neodymium magnets are a driving force behind the pervasive use of magnets worldwide. In recognition of his achievement, Sagawa is a finalist in the “Non-EPO Countries” category of the European Inventor Award 2024, having been selected by an independent jury from among 550 candidates for this year’s edition.

Motivated by the high price of cobalt at the time and inspired by the widespread availability and lower cost of iron, Sagawa set out in the late 70s and early 80s to find a replacement of cobalt-based magnet, but still be able to generate a robust, permanent magnetic field. He experimented with a wide variety of intermetallic compounds and phases before a breakthrough in the process led him to create the strong magnet. The process he developed is called sintering – a process that bonds the ground particles of his various magnetic components together using heat treatment. While magnets with similar compounds were being developed at the same time, this process made Sagawa’s magnet the strongest in the market.
Masato Sagawa is one of three finalists in the “Non-EPO Countries” category of the European Inventor Award 2024. The other finalists recognised for outstanding work are a Brazilian team led by Fernando Catalano and Micael Carmo for reducing noise and carbon emissions in air travel and American-based David Fattal for his advancements in display optics and software to create glasses-free 3D imaging. The EPO will announce the winners during a ceremony live-streamed here from Malta on 9 July 2024. In addition to each category, the EPO will reveal the Popular Prize winner, chosen by online public vote. Voting will remain open until the day of the ceremony. 
Web: https://www.epo.org/en

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TREEFROG THERAPEUTICS PICKS-UP BEST POSTER AWARD AT THE INTERNATIONAL SOCIETY FOR CELL & GENE THERAPY (ISCT) ANNUAL MEETING FOR THEIR CELL THERAPY PROGRAM IN PARKINSON’S DISEASE

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–  Treefrog will present two posters on their cell therapy program in Parkinson’s Disease and their proprietary encapsulation technology, C-Stem™ –  
BORDEAUX, France, May 29, 2024 /PRNewswire/ — TreeFrog Therapeutics has a busy schedule at the ISCT’s 30th annual meeting, taking place in Vancouver, Canada this week, with two posters being presented, one of which has been awarded the Best Poster in the iPSC category. A poster on their transformational encapsulation technology, C-Stem™, will also be presented. 

TreeFrog is a cell therapy company with a lead program in Parkinson’s disease, a complex neurodegenerative disease with no cure and treatments that offer symptomatic relief only. Decades of research demonstrate that cell therapy holds immense promise for Parkinson’s disease, with multiple clinical trials ongoing. However, the manufacturing of these cells must overcome major pharmaceutical challenges, including scalability, to be compatible with potential commercial phases. The cell therapy program at TreeFrog is based on C-Stem™, a proprietary technology platform that overcomes these challenges. In 2021, the company achieved a world-first of producing 15billion iPSCs in one run, in one week.
Michael Lanero Fidalgo, Chief Operating Officer, will represent the company for the Best Poster in the iPSC category, an award designed to recognize outstanding abstracts related to iPSC research. Poster #1219, First Off-The-Shelf Bioreactor Produced, iPSC-Derived Neural Microtissues Containing Dopaminergic Neurons Innervate the Striatum and Normalize Behavior in a Parkinson Rat Model, is also one of only twenty posters chosen for an elevator pitch presentation from the overall 600 considered.
Kevin Alessandri, co-founder and Chief Technology Officer, will present poster #1200 Cell encapsulation as a tool for stem cell-based cell therapy industrialization, a deep dive into how the C-Stem™ technology, can overcome the bottlenecks of the complex Chemistry, Manufacturing and Controls (CMC) in cell therapy. He will also participate as a KOL in the JSRM-ISCT iPSC workshop event iPSCs: From Bench to Bedside’ Scientific Signature Series.
Events:
Elevator Pitch presentation by Michael Lanero-Fidalgo, representing lead authors Nicolas Prudon & Lucia Cordero Espinoza May 29th, 2024 @ 12:00 – 13:00, Room 201iPSC Poster Presentation Networking reception (Posters #1219 & #1200) May 30th @ 18:00 – 19:30 Exhibit & Poster HalliPSC: Bench to Bedside: Scientific Signature Series, participation of Kevin Alessandri as KOL. June 1st, 2024 @ 7:30 – 16:00, Room 212-214www.treefrog.fr
CONTACT:  Rachel MooneyChief Communications OfficerTreeFrog Therapeutics [email protected]  
Logo – https://mma.prnewswire.com/media/2272329/treefrog_Logo.jpg

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