Global Wireless Health and Fitness Devices Market Analysis and Path Report 2021 – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD)–The “Wireless Health and Fitness Devices – Global Market Trajectory and Analysis” report was added to ResearchAndMarkets.com offer.

Amid COVID-19 Crisis, Global Wireless Health and Fitness Device Market Estimated at 280 Million Units in 2020, Expected to Reach Revised Size of 573.7 Million Units by 2026, with a CAGR of 12.1% compared to the analysis. period.

Sports & Fitness, one of the segments analyzed in the report, is expected to register a CAGR of 11.2% and reach 361.4 million units by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the remote health monitoring segment is readjusted to a revised CAGR of 12.8% for the next 7-year period.

Global Wireless Health & Fitness Device Market To Reach 573.7 Million Units By 2026

In times of COVID-19, the focus is on health and fitness. Exercise is an essential part of the holistic approach to quality, healthy living. Physical activity combined with a balanced diet is a perfect recipe for stimulating and strengthening the immune system which protects the host from disease and infection.

The pandemic is profoundly influencing the daily lives of consumers around the world. Social, financial, physical, emotional and environmental issues are high on the list of consumer priorities. As stress can weaken the immune system and compromise overall health and well-being, consumers are starting to spend more time, money and resources on lifestyle changes, rebate programs. fit and eating habits to cope with the pandemic.

Professional healthcare segment to reach 68.3 million units by 2026

In the global professional healthcare segment, the United States, Canada, Japan, China and Europe will lead the estimated CAGR of 15.7% for this segment. These regional markets representing a combined market size of 23.6 million units in 2020 will reach a projected size of 65.4 million units by the end of the analysis period. China will remain among the fastest growing countries in this group of regional markets. Led by countries such as Australia, India and South Korea, the Asia-Pacific market is expected to reach 5.1 million units by 2026, while Latin America will grow at a CAGR of 16.5% during the analysis period.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • COVID-19 Catalyzes Consumer Engagement with Health and Wellness Technologies

  • Wireless health and fitness device market escapes ravages of virus-induced economic recession

  • A synoptic review of the state of the struggling global economy

  • Unemployment rates at historic highs destroy a multitude of industries dependent on discretionary income

  • Budget for health! Health spending is no longer discretionary. COVID-19 Highlights Importance of Immunity in Today’s World

  • A key part of this home fitness trend is the self-management of the active lifestyle where wearable devices play a major role.

  • Wireless health and fitness devices: scope and definition

  • Recent market activity

  • New arrivals

2. FOCUS ON SOME PLAYERS (Total 118 featured)

  • Abbott Diabetes Care, Inc.

  • adidas AG

  • Alive Technologies Pty. Ltd.

  • Apple Inc.

  • ASUSTeK Computer, Inc.

  • Beurer GmbH

  • Dexcom, Inc.

  • Entra Health Systems LLC

  • Fitbit, Inc.

  • Garmin Ltd.

  • GE Healthcare

  • Google Inc.

  • iHealth Labs, Inc.

  • Intelesens Ltd.

  • Isansys Lifecare Ltd.

  • Motorola Mobility LLC

  • LG Electronics Inc.

  • Medtronic plc

  • Misfit, Inc.

  • NeuroSky, Inc.

  • Nike, Inc.

  • Nonin Medical, Inc.

  • Nokia Corporation

  • Withings SA

  • NUUBO Smart Solutions Technologies, SL

  • Omron Healthcare Co., Ltd.

  • Oregon Scientific, Inc.

  • Philips Health

  • Polar Electro Oy

  • Samsung Electronics Co., Ltd.

  • Sony Corporation

  • Suunto Oy

  • Under Armor, Inc.

  • Vital Connect, Inc.

  • Winmedical Srl

  • Xiaomi Inc.

3. MARKET TRENDS AND FACTORS

  • COVID-19 is accelerating the digital transformation of healthcare

  • Ready for the disruption! Among digital technologies, the advantages are portable health and fitness devices

  • Market Outlook: A Recap

  • Hospitals Realize the Benefits of Wireless Health Devices

  • Rising healthcare costs prompt focus on wearable devices for their ability to lower healthcare costs

  • Equity in health care is a burning global issue. Wireless health and fitness devices are in the spotlight for their ability to democratize healthcare

  • As smart homes evolve into portals for healthcare delivery, home healthcare centers become a major growth engine

  • The integration of wearables into telemedicine is exploding into a major trend

  • COVID-19 pandemic accelerates adoption of telemedicine

  • Role of portable devices in telemedicine

  • The role of AI in wearables is growing

  • Growing Incidence of Chronic Diseases Requiring Health Risk Assessment and Continuous Monitoring Benefits Market Growth

  • Growing Burden of Cardiovascular Disease Drives Demand for Wireless Devices for Cardiovascular Disease Management

  • Global Prevalence of Epidemic Diabetes Boosts Opportunities for Wireless Devices for Blood Glucose Monitoring

  • COVID-19 increases focus on self-monitoring of blood sugar (SMBG)

  • Rising Global Prevalence of Hypertension Creates Opportunities for Wireless Devices for Blood Pressure Monitoring

  • Rapid Aging of the Global Population and COVID-19 Induced Refocus on Aging in Place to Drive Demand for Remote Patient Monitoring

  • Wearable devices are becoming a major catalyst for remote health monitoring

  • Rising popularity of PERS emerges from growing trend of aging in place

  • Smartwatches: the poster child for portable fitness devices

  • Rising obesity levels underlie strong potential for pedometers and heart rate monitors

  • Wellness Becomes Higher Priority For Business Amid Pandemic, Wireless Devices For Corporate Wellness Programs Offer Huge Opportunities For Growth

  • With the rapid adoption of portable devices comes the big question of how to manage the “Big Data of Wearables”

  • Bluetooth: an important enabling technology for portable wireless devices

  • Battery power is vital for wearable technology is a major area identified for innovation and R&D

  • Privacy and data concerns continue to weigh on the market

4. WORLD MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total number of profiled companies: 118

For more information on this report, visit https://www.researchandmarkets.com/r/lwpm7m

About John Tuttle

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