China’s Wearable Medical Device Market Expected to See Significant Growth

A new report on ResearchandMarkets.com predicts that the wearable device market in China will experience significant growth during 2024 to 2028.

These devices include items such as smartwatches, activity monitors, patches, and smart clothing. These devices can track health stats including heart rate, blood pressure, body temperature, posture, and can even monitor sound levels which impact hearing issues.

According to a press release, the report details several reasons for the growth, including a prevalence of disorders like diabetes and hypertension, both of which are likely to have patients seeking monitoring devices. China, similarly to other regions, is seeing an increased interest in personal health, causing more people to purchase wearable devices to monitor daily activity and health stats.

These factors have caused an increase in funding through investments and grants in the region.

One of the most important factors, however, is the rise in the new advanced technologies that are available to patients and other customers. For example, improving wireless networks and technologies are making it easier for people to connect various devices for more regular monitoring and data analysis.

While personal health and fitness tracking is causing growth, the market is also seeing significant growth in areas such as remote patient monitoring and home healthcare. This shows that devices aren’t just being worn by people looking to get fit but are also being used by doctors to more accurately track patients’ health.