Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 25.7 Billion | USD 47.8 Billion | 10.9% | 2021 |
FrequentlyAsked Questions
Consumer demand for smart medical devices is increasing due to rising health awareness and the prevalence of chronic diseases such as diabetes around the world, which drives the worldwide smart medical devices market.
According to the Market Research report, the Smart Medical Devices Market size was worth about 25.7 (USD billion) in 2021 and is predicted to grow to around 47.8 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 10.9 percent.
North America is likely to lead the market because of the widespread adoption of modern technologies and the presence of well-developed healthcare industry. Furthermore, strong supplier concentration in the region, improved product acceptability trends, and high prevalence rates of diabetes and cardiovascular diseases, among other factors, will support regional growth.
Some of the main competitors dominating the Smart Medical Devices Market include - Smart Medical Devices, Inc., ViVO Smart Medical Devices Ltd, Dexcom Inc, Abbott Laboratories, Medtronic Plc., NeuroMetrix, Inc., and Omron Healthcare, Inc.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed