Market Dynamics in Wearable Medical Devices: Challenges and Opportunities Ahead
The wearable medical devices market was estimated at USD 34.04 billion in 2023 and is likely to grow at a CAGR of 25.64% during 2024-2030 to reach USD 168.82 billion in 2030.
Wearable healthcare technology refers to devices that are worn on the body to monitor one’s health.
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