Unlocking Growth in the Wearable Medical Devices Market: Key Drivers and Strategies
The wearable medical devices market was estimated at USD 34.04 billion in 2023 and is likely to grow at a CAGR of 25.64% during 2024-2030 to reach USD 168.82 billion in 2030.
Wearable healthcare technology refers to devices that are worn on the body to monitor one’s health. These devices use biosensors to collect different insights from a body, such as pulse, heart rate, blood pressure, sleep patterns, and more.
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