The global wearable medical devices market size is expected to reach USD 168.29 billion by 2030, registering a CAGR of 25.53% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing growth driven by an increasing demand for high-tech products and the growing trend of continuous health monitoring.
The rising obesity rate and a heightened awareness of physical fitness, is motivating individuals to engage in workouts and adopt fitness-related activities. Wearable devices like smartwatches and smart bands play a crucial role in monitoring various fitness parameters, including calories burned, step count, heart rate, and distance covered. Companies such as Google, Fitbit, Apple, and Nike are actively launching innovative products, particularly focusing on smartwatches and wristbands, contributing to a surge in product availability.
The COVID-19 pandemic has positively impacted the market, driven by the increased demand for telemedicine. WHO guidelines promoting social distancing and discouraging public gatherings have led to a preference for telemedicine among physicians, enabling remote patient treatment without the risk of virus transmission. The growth of telemedicine, coupled with the integration of artificial intelligence (AI) into its systems, has further propelled the expansion of the wearable medical device market.
Gather more insights about the market drivers, restrains and growth of the Global Wearable Medical Devices Market
Wearable Medical Devices Market Report Highlights
• The diagnostic devices segment led the market with the largest revenue share of 61.32% in 2024. The increasing prevalence of neurological disorders is a primary driver for the growth of this segment.
• Based on site, the strap/clip/bracelet segment led the market with the largest revenue share of 51.6% in 2024 and is likely to remain dominant throughout the forecast period.
• Based on application, the home healthcare segment led the market with the largest revenue share of 53.1% in 2024, due to the increasing geriatric population increasing prevalence rates of target diseases, and the growing need to curb healthcare expenditure as an economically viable initiative are some of the factors responsible for market growth.
• Based on grade type, the consumer-grade segment led the market with the largest revenue share of 77.30% in 2024. These devices offer user-friendly features, focusing on personal health and fitness tracking, making them widely popular among consumers.
• Based on the distribution channel, the pharmacy segment led the market with the largest revenue share of 39.34% in 2024. This dominance is attributed to the widespread accessibility of pharmacies, offering consumers a convenient avenue to purchase these devices.
• North America wearable medical devices market dominated with the largest revenue share of 35.76% in 2024, owing to the growing prevalence of cardiovascular disorders, diabetes, and cancer within this region.
Browse through Grand View Research's Medical Devices Industry Research Reports.
• The global fluorescein angiography market size was valued at USD 854.9 million in 2024 and is expected to grow at a CAGR of 8.5% from 2025 to 2030.
• The China arthroscopy market size was valued at USD 365.1 million in 2024 and is projected to grow at a CAGR of 5.0% from 2025 to 2030.
Segments Covered in the Report
Grand View Research has segmented global wearable medical device market report based on product, site, application, distribution channel, grade type, and region:
Wearable Medical Devices Product Outlook (Revenue, USD Million, 2018 - 2030)
Diagnostic Devices
Vital Sign Monitoring Devices
Heart Rate Monitors
Activity Monitors
Electrocardiographs
Pulse Oximeters
Spirometers
Blood Pressure Monitors
Others
Sleep Monitoring Devices
Sleep trackers
Wrist Actigraphs
Polysomnographs
Others
Electrocardiographs Fetal and Obstetric Devices
Neuromonitoring Devices
Electroencephalographs
Electromyographs
Others
Therapeutic Devices
Pain Management Devices
Neurostimulation Devices
Others
Insulin/Glucose Monitoring Devices
Insulin Pumps
Others
Rehabilitation Devices
Accelometers
Sensing Devices
Ultrasound Platform
Others
Respiratory Therapy Devices
Ventilators
Positive Airway Pressure (PAP) Devices
Portable Oxygen Concentrators
Others
Wearable Medical Devices Site Outlook (Revenue, USD Million, 2018 - 2030)
Handheld
Headband
Strap/Clip/Bracelet
Shoe Sensors
Others
Wearable Medical Devices Application Outlook (Revenue, USD Million, 2018 - 2030)
Sports And Fitness
Remote Patient Monitoring
Home Healthcare
Wearable Medical Devices Grade Type Outlook (Revenue, USD Million, 2018 - 2030)
Consumer-Grade Wearable Medical Devices
Clinical Wearable Medical Devices
Wearable Medical Devices Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
Pharmacies
Online Channel
Hypermarkets
Wearable Medical Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Europe
UK
Germany
Italy
France
Spain
Denmark
Sweden
Norway
Asia Pacific
Japan
China
India
South Korea
Australia
Thailand
Central & South America
Brazil
Mexico
Argentina
Middle East & Africa
South Africa
Saudi Arabia
UAE
Kuwait
Order a free sample PDF of the Wearable Medical Devices Market Intelligence Study, published by Grand View Research.
