• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    US Wearable Medical Device Market

    ID: MRFR/MED/17147-CR
    100 Pages
    Garvit Vyas
    December 2023

    US Wearable Medical Device Market

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    US Wearable Medical Device Market Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0

    US Wearable Medical Device Market Summary

    The US Wearable Medical Device market is projected to grow significantly from 25 USD Billion in 2024 to 75 USD Billion by 2035.

    Key Market Trends & Highlights

    US Wearable Medical Device Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 10.5 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 75 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 25 USD Billion, highlighting its current significance in the healthcare sector.
    • Growing adoption of wearable technology due to increasing health awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 25 (USD Billion)
    2035 Market Size 75 (USD Billion)
    CAGR (2025 - 2035) 10.5%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    Key Companies in the US Wearable Medical Device Market market include

    FAQs

    What is the projected market size of the US Wearable Medical Device Market in 2024?

    The US Wearable Medical Device Market is expected to be valued at 9.5 billion USD in 2024.

    What will the overall market value be by 2035?

    By 2035, the US Wearable Medical Device Market is anticipated to reach a value of 25.0 billion USD.

    What is the expected CAGR for the US Wearable Medical Device Market during the period from 2025 to 2035?

    The expected CAGR for the US Wearable Medical Device Market from 2025 to 2035 is 9.195%.

    Which segment is expected to dominate the market in 2024?

    In 2024, Smart Watches are projected to dominate the market with an expected value of 3.5 billion USD.

    What is the expected value of the Activity Monitors segment in 2035?

    The Activity Monitors segment is expected to be valued at 6.5 billion USD by 2035.

    Who are the key players in the US Wearable Medical Device Market?

    Major players include Garmin, AliveCor, Omron, and Medtronic among others.

    What opportunities and challenges does the market face?

    The market presents opportunities in technological advancements, while challenges include regulatory hurdles.

    What is the market size for Smart Clothing by 2035?

    The Smart Clothing segment is expected to reach a value of 5.0 billion USD by 2035.

    How does the patches segment compare to others by 2024?

    In 2024, the Patches segment is valued at 1.5 billion USD, making it a smaller segment compared to others.

    What is the expected growth rate for the Smart Watches segment from 2025 to 2035?

    The Smart Watches segment is set to grow significantly, contributing to the overall market's anticipated 9.195% CAGR from 2025 to 2035.

    US Wearable Medical Device Market Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Stories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study
    Chemicals and Materials