Is Your Company Effectively Leveraging Clinical-Grade Wearables to Accelerate Growth?
Clinical-grade wearables are revolutionizing healthcare by enabling continuous, remote patient monitoring with clinically actionable data. These advanced devices, such as patches and bands, offer more than just consumer-centric applications — they support early disease detection and timely interventions, improving patient outcomes and reducing healthcare costs. With the global industry expected to grow 25-30% annually, there is significant potential for expansion in the Asia-Pacific and Middle East regions. As healthcare systems increasingly adopt remote monitoring and telemedicine, clinical-grade wearables will play a crucial role in enhancing patient care and driving efficiency in healthcare delivery.
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Transformative Megatrends
Accelerating the adoption of remote monitoring solutions to address rising healthcare costs and clinician shortages.
Industry Convergence
Capitalizing on the convergence of consumer tech and MedTech by developing regulatory approved, clinically actionable wearables.
Competitive Intensity
Leveraging innovative wearable solutions and strategic collaborations to enhance healthcare accessibility, accuracy, and interoperability.
Frost Radar™ serves as a powerful analytical tool for conducting a comprehensive 'Growth Audit' across various industries, evaluating key companies on essential criteria related to innovation and growth. Our primary goal is to assist clients in fostering innovation and accelerating growth. Utilize this distinctive competitive benchmarking tool to elevate your future growth potential significantly.
How firm is your company’s market position, and how critical is it to fortify it?
Frost & Sullivan has identified top 13 companies excelling in growth and innovation in the clinical-grade wearables industry. Companies on the Frost Radar™: Bardy Diagnostics (Baxter), Biobeat, BioIntelliSense, Biotricity, Cardiac Insight, iRhythm, LifeSignals, Philips Healthcare (includes BioTelemetry), Preventice Solutions (Boston Scientific), SmartCardia, VitalConnect, Vivalink, and Wellysis.
Download the Frost Radar for a comprehensive analysis of these companies' profiles, including details on their competitive standing, best practices, innovative approaches, and growth strategies.
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