Wearable Medical Devices Market Middle-East– Forecast

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Posted on 18-Apr-2019 19:06
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Wearable Medical Devices Market Middle-East is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of 11.5% (Detailed analysis of the market CAGR is provided in the report).
The wearable market for medical devices in Middle-East has undergone some major transformations in the last couple of years. Changes and acceptance of new products have been huge with growing demand for smart wearable and fitness bands. Products such as watches, eyewear, earwear and clothing among others have been a few that has made great revolutions in medical wearable devices market globally.
On the basis of type, a Middle-East market for wearable medical devices has been segmented into smartwatches, patches, smart clothing, and activity monitors. Activity monitors have formed one of the leading segment that is further expected to grow at a high rate in future as well. Rapid growth in the number of smart devices for quicker diagnosis has been a major factor that has boosted the growth of wearable medical devices. Middle-East has seen huge investments being made in the healthcare infrastructure with the government coming up with new policies to inculcate the real-time transfer of patient information to come with better medical solutions. Smartwatches have formed another major segment in Middle-East wearable devices market. Exhaustive features such as designs, trendy interfaces, maintaining responsiveness, smartphone interaction, better battery life, and higher sensor performance have been a few other key benefits to boost overall demand of smart wearable in Middle-East.
Distribution channel for wearable medical devices market in Middle-East has been segmented into pharmacies, online channels, and hypermarkets. It is seen that pharmacies and online channels have formed two major segments in terms of distribution for Middle-East. Easier availability of products that can be seen and verified has given the advantage to pharmacies over other modes of distribution chann

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