Wearable Medical Device Companies | Market Research Future

Top Industry Leaders in the Wearable Medical Device Market

*Disclaimer: List of key companies in no particular orderLatest Wearable medical device Companies Update

May 2023: The medical equipment manufacturer Medtronic plc would spend over $350 million on growing its MEIC in Hyderabad. The facility is the company's largest non-American scientific and technological (R&D) center. Additionally, it occurs against the recently disclosed Indian framework for medical devices. Robotics, imaging and navigation, surgery methods, and implantable technologies are just a few of the important healthcare technology fields that will benefit from the investment. Medtronic has previously committed $160 million in MEIC in 2020, so this is not a first for the company. About 800 people work at the center right now, mostly engineers, and over the next five years, that number is expected to increase to nearly 1500.

Oct 2023: The world leader in health technology, Royal Philips, announced the release of Visual Patient Avatar, a ground-breaking new monitoring system that transforms crucial but complex patient data into a clear visual representation as an uncomplicated avatar display. Time restrictions and information overload in today's operating rooms (ORs) contribute to poor awareness of the situation, which is to blame for 81.5% of anesthesia-related mishaps. In the past, monitors in the operating room (OR) recounted the patient's tale by showing vital signs and figures that required time to understand. This may have hampered the caregiver's capacity to take in information and make quick clinical judgments. With innovative elegance, the Visual Patient Avatar is intended to increase situational awareness by making key information visible through visuals, colors, and forms.

List of Wearable medical device Key companies in the market