There’s no doubt that wearable medical devices are becoming a permeant fixture in everyday life. The market for wearable medical devices proves this to be true as it was valued at 27.91 billion in 2019 and is set to reach $74.03 billion by 2025, according to a report by Mordor Intelligence.
But there are some wearable medical devices that have caused a paradigm shift in healthcare. These devices have generated tremendous amounts of data, causing the user to have more ownership of his or her healthcare.
And the companies that have developed these wearable medical devices are diverse too. Big tech giants and small startups all have a seat at the wearable medical device market’s table.
MD+DI has compiled a list of 10 cleared or approved wearable medical devices by FDA that have redefined healthcare.