According to a new market report published by Lucintel Mike Gesicki Jersey , the future of the global wearable medical device market looks promising with opportunities in home healthcare and remote patient monitoring. The global wearable medical device market is expected to reach an estimated $9.4 billion by 2022 and it is forecast to grow at a CAGR of 14.9% from 2017 to 2022. The major drivers of growth are increasing awareness and importance of fitness and healthy lifestyle, rising chronic diseases, and technological innovations. In this market, diagnostic wearable and therapeutic wearable are the main segments by application type. On the basis of its comprehensive research Minkah Fitzpatrick Jersey , Lucintel forecasts that diagnostic wearable device is expected to show highest growth during the forecast period from 2017 to 2022. Healthcare and remote patient monitoring are the major segments of global wearable medical device end use market and remote patient monitoring is expected to show above average growth during the forecast period due to its advanced wireless communication technologies to share patient medical records and activity with doctors over a period of time. North America is expected to remain the largest as well as the highest growth region due to high disposable income, rising chronic conditions and acceptance of technologically advanced products in this region.
Emerging trends, which have a direct impact on the dynamics of the market, include the increasing usage of wearable biofeedback devices and increasing adoption of cloud technology for interconnected healthcare devices. Medtronic Plc Miami Dolphins Jersey , Roche Holding AG, and Animas Corporation (Johnson & Johnson) are the major manufacturers of the wearable medical device market. Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global wearable medical device market by end use Todd Gurley II Jersey , application, distribution channel and region, and compiled a comprehensive research report entitled 鈥淕rowth Opportunities in the Global Wearable Medical Device Market 2017-2022: Trends, Forecast Los Angeles Rams Jersey , and Opportunity Analysis.鈥?The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the growth opportunities in the global wearable medical device market by end use type, application Kyzir White Jersey , distribution channel and region, as follows:
By Application [Value ($ million) from 2011 to 2022]: 鈥?Diagnostic o Vital Sign Monitoring o Neuromodulation o Fetal and Obstetric 鈥?Therapeutic o Pain Management Wearables o Diabetic o Rehabilitation o Respiratory By End Use Market [Value $ million from 2011 to 2022]: 鈥?Healthcare 鈥?Remote Patient Monitoring
By Distribution Channel [Value $ million from 2011 to 2022]: 鈥?Pharmacy and Clinics 鈥?Others and Online
By Region [Value ($ million) and Volume (million units) from 2011 to 2022]: 鈥?North America o US o Canada o Mexico 鈥?Europe o United Kingdom o Germany o France o Spain o Italy 鈥?Asia Pacific o China o Japan o Australia o S. Korea 鈥?The Rest of the World o Latin America o Middle East
Total Views: 2Word Count: 421See All articles From Author Bacall Associates views social media as an excellent helping tool to several business owners. It can help you with your public relations as well as fostering your integrated marketing communication (IMC) plan. Bacall is known for their cost effective integrated public relations, marketing and sales campaigns in the United Kingdom, Asia like Singapore and Hong Kong.
It's critical to have an IMC plan first before you start communicating with the world about your company according to Bacall Associates. It may contain different approaches on how to communicate your business with your target audience. It can also be a powerful guideline to marketing teams during implementation to reduce any concerns and to prevent any internal disagreements between stakeholders.
Social media is considered essential to any IMC plan these days whilst your IMC can use several different communication mediums such as content marketing Derwin James Jersey , public relations, advertising and social media. Bacall Associates found the impact of social media on the following areas, which proved that it could improve your IMC plan.
Public relations (PR)
Social media has lessened the pressure on PR pros over the past few years because it offers great benefit and easy accessibility to them. They can get a comment out within minutes of the news breaking with social media, its speed and relevance are really remarkable. Your social media audience should be connected to your sources.
Advertising
Social media made a huge change in the world of advertising today because it can specifically target your audience Los Angeles Chargers Jersey , easily measure your social media advertising ROI, and immediately make changes to your advertisements, that's why business owners put big advertising budgets on social media nowadays.