In the recent past, the growing occurrence of a sedentary lifestyle and high consumption of junk food has resulted in an alarming rise in chronic illnesses cases. The prevalence of cardiovascular diseases, diabetes, high blood pressure, respiratory diseases, and cancers has skyrocketed of late. These trends are creating a notable burden on the healthcare system, thereby making the lives of patients more difficult. Many government bodies and other healthcare organizations have taken cognizance of this intensifying healthcare challenge. Increasing healthcare awareness has motivated people to regularly conduct health check-ups, and diagnoses. In such circumstances, advancements in wearable technologies have emerged as a viable solution for keeping an eye on the patient's vitals. These devices work as an early warning system and allow people to be aware of their health. These precedents are the primary contributors to the growth of the global wearable medical devices market.

Sustained Increment in Geriatric Population to Prolong Healthy Growth Trajectory of Wearable Medical Devices Market 

The growing geriatric population has been instrumental in the creation of demand for wearable medical devices. The population above the age of 65 is growing in various developed and developing economies across the world. This section is more vulnerable to developing chronic ailments and other health conditions. Moreover, the recent COVID-19 pandemic has revitalised the focus on maintaining health and fitness. Modern smart wearables such as smartwatches are great in allowing users to self-monitor their heartbeat, pulse, and blood pressure. Such user-friendly features are attracting consumer interest in the young population sections too. These trends are leading the global wearable medical devices market to fruition. 

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Soaring Demand for Diagnostic Smart Wearables to Facilitate Global Wearable Medical Devices Market Expansion 

As wearable technologies continue to improve in terms of convenience and accuracy, several niches have emerged to cater to specific user requirements. In such a scenario, the demand for diagnostic wearable medical devices has showcased unprecedented escalation. The neuromonitoring wearables are generating notable traction against the backdrop of burgeoning neurological disorder cases. The occurrence of diseases such as migraine has grown due to worsening air and noise pollution. In addition, neurological health awareness campaigns are also incentivising people to be aware of their health conditions. Such changes in consumption patterns are poised to create considerable business possibilities for the global wearable medical devices market. 
North America’s Wearable Medical Devices Market Spearheads Amidst Increasing Lifestyle Disorders  

The alarming rise in lifestyle disorders, coupled with paced tech gadget adoption is nurturing a favourable business climate for the wearable medical devices market in North America. The developed economies in the region have a common problem of unhealthy lifestyles and dietary habits. This is boosting the prevalence of chronic disorders such as diabetes and cardiovascular ailments. The economies in the region also have a relatively high GDP per capita and disposable income rates which support the adoption of smart wearable devices. All these prerequisites are expected to establish North America as the leading market region.

Key Market Players 

The most active players participating in the global wearable medical devices market include Fitbit Inc., Samsung, Apple Inc., Philips, Beckton Dickinson, Ypsomed, Sonova, Omron Healthcare Inc., AiQ Smart Clothing, and NeuroMetrix Inc. 

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