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(Health-NewsWire.Net, September 12, 2015 ) The global wearable medical devices market is growing significantly due to technological advancements in medical devices and increasing focus on personal healthcare monitoring. Massive unexplored wearable medical devices market and lack of service providers in emerging economies are creating ample opportunities for the global wearable medical devices market to grow at a considerable rate in the coming years.
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Adoption of remote patient monitoring devices is a trend in wearable medical devicesmarket.Wearable medical devices help in monitoring daily physiological activities; hence help patients in regulating critical health issues. These devices provide data, reports, and feedback to the physician and healthcare providers about the patients suffering from chronic diseases, such as diabetes and heart diseases. Wearable medical devices have applications in diseases management and monitoring, rehabilitation, and fitness. Wearable medical devices, such as smart clothing, smart equipment, smart watches, and activity monitors, are remotely controlled, portable, easy to use, and non-invasive.
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Some of the factors driving the growth of the global wearable medical devices market are rising awareness for personal healthcare monitoring, comfortable and easy interpretation of data, increasing prevalence of diabetes and heart diseases and technological advancements in medical devices.
The major reasons for the fastest growth in the region are improving healthcare infrastructure and rising awareness for personal healthcare monitoring. Moreover, the wearable medical devices market is growing due to increasing disposable income and large population suffering with diabetes and heart related diseases in the emerging economies, such as India and China of Asia-Pacific region.
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Some of the major players operating in the global wearable medical devices market are Laerdal Basis Science, Inc, Corventis, Inc., Draeger, Fitbit, Inc., Intelesens Ltd., LifeWatch AG, Omron Corporation, Philips Electronics, Polar Electro, Sotera Wireless, Withings, and Zephyr Technology Corporation.
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