Navigation Links
Global Wearable Technology Market: A Current Market Overview and Future Prospects 2012 - 2018: Transparency Market Research

Albany, New York (PRWEB) September 03, 2014

The report states that the global wearable technology market, which valued nearly USD 750.0 million in 2012, is expected to rise with a CAGR of 40.8% during the forecast period of the report, i.e. between 2012 and 2018, and rise to a value worth USD 5.8 billion by 2018. North America, the current leaders of the market, could also top the market by the end of the forecast period, garnering an expected 43.0% share of the global wearable technology market. Wearable technology or wearable electronics refer to the electronic devices that are incorporated with items of daily wearing, such as clothes, jewelleries or accessories, and can be easily worn on the body.

Browse the full "Wearable Technology Market - Global Scenario, Trends, Industry Analysis, Size, Share And Forecast 2012 - 2018" report:

Wearable technology is still in its nascent stages and finds its major applications in the fields of medicine, wellness and fitness, military forces and infotainment (information fused with entertainment). Common wearable devices in the wellness and fitness segments include activity monitors, sleep sensors and smart clothing. The infotainment segment includes products such as smart glasses, smart watches, etc. The healthcare segment is flourished with products such as smart monitoring devices such as continuous glucose monitoring devices, implantable devices for timely drug delivery and wearable patches.

According to the report, the end-user segment of healthcare and medicine garnered the largest amounts of revenues for this market in 2012 and accounted for an estimated 35.1% of its shares. This was followed by the segment of wellness and fitness. By 2018, however, it is expected that the segment of infotainment will surpass the market shares of the wellness and fitness segment owing to the robust growth in products such as smart watches and smart glasses. By the end of the forecast period, the healthcare and medicines segment could continue to lead the market due to the rising numbers of aged population and a rise in the overall cases of diabetes in the world.

Factors such as compactness, portability, multi-functionality, rising areas of application and increasing adoption of these technologies by the end users are driving the growth of this industry. The rising popularity of technically advanced devices amongst the young generation and the rising demand for real time and readily actionable data are also fuelling demands of the market. However, the high cost of technically advanced devices from this industry could hinder its growth during the forecast period.

For further inquiries, click here:

High adoption rates and good consumer awareness about wearable technology have rendered the region of North America as the leader of the global wearable technology market. In 2012, it was estimated that this region contributed nearly 2/5th of the total global revenues garnered by this industry. This region is expected to face tough competition from Europe and Asia Pacific regions, which, according to the report, would have shares of about 49% of this market by 2018.

The study presents a comprehensive assessment of the stakeholder strategies, winning imperatives for them by segmenting the global wearable technology market as below:

Fitness and Wellness

  • Smart clothing and smart sports glasses
  • Activity monitors
  • Sleep sensors
  • Others


  • Smart watches
  • Augmented reality headsets
  • Smart glasses
  • Others

Healthcare and Medical

  • Continuous Glucose Monitor
  • Drug delivery
  • Monitors
  • Wearable patches
  • Others

Industrial and Military

  • Hand worn terminals
  • Augmented reality headsets
  • Others

The geographies covered in this report include

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Browse all Technology & Media Market Research Reports:

Read the full story at

Source: PRWeb
Copyright©2014 Vocus, Inc.
All rights reserved

Related medicine news :

1. Ciprofloxacin HCl Industry in Global and Chinese Forecast to 2019 now Available at
2. Global Partnership for Telehealth (GPT) is Continuing to Expand its Presence and Telemedicine Programs by Establishing a Partnership in Zambia, Africa
3. Global snapshot of infectious canine cancer shows how to control the disease
4. More Global Help Needed to Fight Ebola Outbreak
5. Global Anti-aging Market Research Report 2018 by Transparency Market Research
6. Molecular Diagnostic Market: Global Factors and Perspectives by Transparency Market Research
7. Catalent Supports Eli Lilly's Growing Global Clinical Trials Needs with New Investment in Automated Packaging Solutions
8. Global Liver Diseases and Therapies Market- The Key Basics by Transparency Market Research
9. Global Market for Blood-Brain Barrier (BBB) Technology to Reach $471.5 Million in 2019; Highest CAGR Growth in Latin American Market With 10.5%
10. My Mobile University Announces Global Strategic Plan and Unveils New Android App to Enhance and Impact Lives World-Wide Through Education for All as Learning Platform
11. Cell Harvesting System Industry for Global and Chinese Market Forecasts to 2019 in New Research Report Available at
Post Your Comments:
(Date:11/27/2015)... ... November 27, 2015 , ... Intellitec Solutions announced ... User Group (MSDSLUG). Recognized as Microsoft’s official group for end users of Dynamics ... software users, partners, industry experts and representatives. Intellitec Solutions’ membership status demonstrates their ...
(Date:11/27/2015)... Minn. (PRWEB) , ... November 27, 2015 , ... ... start failing. Secura Consultants has prided itself for not only fulfilling the needs ... income protection solutions at an affordable price and providing top-tier customer service. However, ...
(Date:11/27/2015)... , ... November 27, 2015 , ... CBD College ... of Allied Health Education Programs (CAAHEP) awarded accreditation to its Diagnostic Medical Sonography program. ... accredited colleges, as only one of twelve colleges and universities in the state of ...
(Date:11/27/2015)... ... ... Dr. Thomas Dunlap and Dr. Patrick Coleman , cardiologist ... Medicine at St., Joseph Health System’s Santa Rosa Memorial Hospital , co-hosted the ... ways and require time-critical intervention to avoid large area heart damage and progressive infections ...
(Date:11/27/2015)... ... November 27, 2015 , ... Indosoft Inc., ... the incorporation of Asterisk 11 LTS (Long Term Support) into its Q-Suite 5.10 ... brings Q-Suite 5.10 up-to-date with a version of Asterisk that will receive not ...
Breaking Medicine News(10 mins):
(Date:11/25/2015)... Nov. 25, 2015  Linden Care, LLC, a retail ... outcomes for patients suffering from chronic pain, said today ... Temporary Restraining Order (TRO) enjoining Express Scripts from unilaterally ... --> --> The ... its legal options. --> ...
(Date:11/25/2015)... , Nov. 25, 2015 On Tuesday, ... federal bellwether trial against Wright Medical Technology, Inc. ... their Conserve metal-on-metal hip implant device, awarded $11 ... a two week trial and three days of ... hip device was defectively designed and unreasonably dangerous, ...
(Date:11/25/2015)... -- Henry Schein, Inc., the world,s largest provider of health ... animal health practitioners, will unveil at the Greater New ... Pavilion , which brings together for the first time ... help any practice or laboratory enter the digital age. ... of experts appearing at the Pavilion. --> ...
Breaking Medicine Technology: