According to GlobalData’s medical device pipeline database, 656 Wearables devices are in various stages of development globally. GlobalData’s report provides an overview of the segment’s pipeline landscape and offers detailed analysis of its products. Buy the report here.
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Of these devices, 456 are in active development, while the remaining 210 are in an inactive stage of development. There are 219 products in the early stages of development, and the remaining 237 are in the late stages of development.
Wearable Devices are electronic devices that are worn on the user’s body to monitor several vital signs for a prolonged period of time. These devices monitor various parameters such ECG, EEG, pulse rate, SpO2, blood pressure, skin temperature, heart rate, skin temperature, stress levels etc.
Innovations in the medical devices sector are linked to the development of new approaches, processes, or technologies for treating, diagnosing, and managing disease in response to demand from healthcare for better patient outcomes and reduce healthcare costs.
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Based on an analysis of GlobalData’s Medical Intelligence Center pipeline product database, these actively developed Wearables pipeline devices are all expected to be approved within the next ten years.
Currently, private organizations, public entities and institutions are working on the development of Wearables devices. Overall, most of these Wearables pipeline devices are being developed by private entities.
Key players involved in the active development of Wearables include University of California San Diego, Sana Health, Imperial College London, Massachusetts Institute of Technology, University of California Los Angeles, Ligalli, MC10, National University of Singapore, Shalby Advanced Technologies and Pennsylvania State University.
For a complete picture of the developmental pipeline for Wearables devices, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. The Pipeline Products database is a is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.
