The Global Wearable Medical Devices Market Is Forecasted to Grow at a CAGR of 18.3% During the Period 2018-2023
The wearable medical devices market is expected to reach USD 14.41 Billion by 2022 from USD 6.22 Billion in 2017. The growth of the market is attributed to the technological advances in medical devices, increasing penetration of smartphones and growing number of smartphone-based healthcare apps compatible with wearable devices, and increasing awareness about physical fitness.
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