Compression Wear And Shapewear Global Market Report 2023 – By Product Type (Compression Wear, Shapewear), By Gender (Male, Female), By Application (Performance And Recovery, Body Shaping And Lifestyle), By Distribution Channel (Multi-Retail Stores, Specialty Retail Stores, Online Channels) – Market Size, Trends, And Global Forecast 2023-2032

Compression therapy refers to a treatment that promotes better blood flow to the foot, ankles, and lower legs. It works well to relieve discomfort and swelling brought on by circulatory disorders like chronic venous insufficiency and varicose veins. The main types of products in the compression therapy market are compression pumps, compression stockings, compression bandages, and compression tapes. Compression pumps are either used for acute care (in the hospital, temporary) or chronic care (long term, often at home or an extended care facility). These pumps are designed to treat either venous insufficiency, lymphedema, or the treatment of DVTs and differ in the cycle time of the squeeze. Major technology involved in compression therapy includes static compression therapy and dynamic compression therapy. Compression therapy is applied in various areas, including varicose vein treatment, deep vein thrombosis treatment, lymphedema treatment, leg ulcer treatment, and others. The global compression therapy market is segmented - 1) By Product: Compression Pumps, Compression Stockings, Compression Bandages, Compression Tapes 2) By Technique: Static Compression Therapy, Dynamic Compression Therapy 3) By Application: Varicose Vein Treatment, Deep Vein Thrombosis Treatment, Lymphedema Treatment, Leg Ulcer Treatment, Other Applications The global compression therapy market size will grow from $3.66 billion in 2022 to $3.9 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the compression therapy is expected to grow to $5.06 billion in 2027 at a CAGR of 6.8%. The rise in the geriatric population is contributing to the growth of the compression therapy market. The share of the aged population in many countries across the globe is rapidly growing. The old population is vulnerable to different chronic diseases. Compression therapy is a simple and efficient way to enhance vein support and increase blood flow efficiency in the lower limbs. Compression therapy is most commonly used in the elderly population with chronic venous illness. For instance, in June 2020, according to a study by the United Nations, the total number of people age 80 years and above is expected to increase from 143 million in 2019 to over 426 million in 2050. Therefore, the increasing geriatric population is expected to aid the growth of the compression therapy market. Major players in the compression therapy market are 3M Health Care, ArjoHuntleigh, BSN Medical, Medi GmbH & Co KG, PAUL HARTMANN AG, SIGVARIS MANAGEMENT AG, Tactile Medical, DJO Global Inc., ConvaTec Inc., ArjoHuntleigh, Julius Zorn GmbH, Bio Compression Systems Inc., Medtronic PLC., Smith & Nephew PLC, COVIDien plc, Sanyleg S.r.l., Cardinal Health Inc., and Thuasne SA. Players in the compression therapy market are increasingly focusing on the launching of new compression therapy systems. For instance, in 2020, AIROS Medical, Inc., a US-based medical equipment player launched AIROS 6 Sequential Compression Therapy device and Arm Plus garments to treat patients with breast cancer. AIROS 6 device and Arm Plus garment will contract upper extremity post-mastectomy medication alternatives for patients with Lymphedema. The AIROS 6 utilizes pneumatic air compression to aerate accessory garments worn on the simulated area of the body. The aeration and contraction sequences, delivered at the pressure and time destined by a physician or lymphedema therapist, move the lymphatic fluid in the precise physiological direction. In November 2020, Therabody, Inc., a US-based wellness technology company, acquired RP Sports for an undisclosed amount. Through this acquisition, Therabody will increase its RecoveryPump's clinical pneumatic compression technology, make it available to the general public through its recovery and whole-body wellness solutions, and increase its medical-grade compression device product portfolio. RP Sports is a US-based healthcare company pioneering in pneumatic compression therapy used for the treatment of arterial and venous disease, lymphedema, and other circulatory problems like diabetes. North America was the largest region in the compression therapy market in 2022. Europe was the second-largest market in the compression therapy market. The regions covered in the compression therapy market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the compression therapy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The compression therapy market includes revenues earned by entities by relieving tight muscles, decreasing pain, and promote relaxation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The compression therapy market research report is one of a series of new reports from The Business Research Company that provides compression therapy market statistics, including compression therapy industry global market size, regional shares, competitors with a compression therapy market share, detailed compression therapy market segments, market trends and opportunities, and any further data you may need to thrive in the compression therapy industry. This compression therapy market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Wearable blood pressure monitors are medical devices that can be worn by the user and measure the pressure of blood in the arteries. The main products in wearable blood pressure monitors are wrist blood pressure monitor, upper arm blood pressure monitor, and finger blood pressure monitor. The wrist blood pressure monitor refers to the devices that can be used at home by individuals to measure blood pressure. The various technologies involved in blood pressure monitors are Wi-Fi-based, Bluetooth based. These are used in hospitals, clinics, home care settings, and others. The global wearable blood pressure monitors market is segmented - 1) By Product: Wrist Blood Pressure Monitor, Upper Arm Blood Pressure Monitor, Finger Blood Pressure Monitor 2) By Technology: Wi-Fi Based, Bluetooth Based 3) By Application: Hospital, Clinic, Home Care Settings, Other Applications The global wearable blood pressure monitors market size will grow from $1.46 billion in 2022 to $1.77 billion in 2023 at a compound annual growth rate (CAGR) of 20.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global wearable blood pressure monitors is expected to grow to $3.77 billion in 2027 at a CAGR of 20.9%. Increased demand for patient monitoring devices is expected to drive the wearable blood pressure monitors market. The increasing prevalence of chronic diseases coupled with the rise in surgeries that need continuous monitoring has mainly increased the demand for patient monitoring devices. Additionally, due to the growing awareness of a healthy lifestyle and fitness, individuals are interested in continuous monitoring of their health as it acts as a preventive measure while improving their health condition. The National Wearable Survey report by Valencell, a wearable technology company, states that two-thirds of customers owned a wearable device as they believe that it causes a positive impact on their health. Nearly 55% of the respondents are interested in monitoring their blood pressure with the help of wearable technologies. Therefore, increased demand for monitoring devices is expected to drive the wearable blood pressure market growth. Major players in the wearable blood pressure monitors market are Blipcare, GE Healthcare, ForaCare Suisse, Omron, Xiaomi, Philips, Medieval, Qardio, Smiths Group, and Tarilian Laser Technologies. With the increasing use of wearable technologies for healthcare services, the need for evaluating the accuracy and precision of these health trackers has increased in recent years. Studies showed that wearable technologies lack accuracy and precision which is likely to impact the market growth. There are growing concerns regarding the accuracy of wearables. Accuracy is very much important for some health conditions. Hypertension patients use wearable blood pressure monitors as their medications and treatment plans are based on blood pressure readings. Any wrong reading could be lethal. A study published by the journal Nature in February 2020, investigating sources of inaccuracy in wearable optical heart rate sensors, showed differences in heart rate on lighter skin and darker skin. Differences in readings among different wearable devices, and during rest and active conditions were also noted. Therefore, a lack of precision is expected to hinder the growth of the wearable blood pressure monitors market. Most of the wearable blood pressure monitoring technologies are under either experimental or research and development stage. Companies and researchers are studying different wearable technologies that monitor blood pressure. For instance, video from a smartphone is used to detect blood pressure by the variation in facial blood vessels. Valencell, a health-tech company, is working on an earbud sensor for detecting blood pressure using photoplethysmography. Also, the Akttia bracelet, a cuff-less technology that uses an optical sensor for monitoring blood pressure is under validation. Therefore, more R&D in this field is expected to provide growth opportunities for the wearable blood pressure market. North America was the largest region in the wearable blood pressure monitors market in 2022. Asia-Pacific was the second largest market in the global wearable blood pressure monitors market analysis. The regions covered in the global wearable blood pressure monitors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the wearable blood pressure monitors market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and USA. The wearable blood pressure monitors market consists of sales of instruments such as wrist blood pressure monitors, upper arm blood pressure monitors, and finger blood pressure monitors. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The wearable blood pressure monitors market research report is one of a series of new reports from The Business Research Company that provides wearable blood pressure monitors market statistics, including wearable blood pressure monitors industry global market size, regional shares, competitors with a wearable blood pressure monitors market share, detailed wearable blood pressure monitors market segments, market trends and opportunities, and any further data you may need to thrive in the wearable blood pressure monitors industry. This wearable blood pressure monitors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Wearable ECG monitors are portable medical devices that record electrical signals from the heart and help in detecting medical conditions related to the heart. The main types of wearable ECG monitors are wired and wireless. The wired wearable ECG monitors refer to the devices that keep track of heart rhythm and operated on a wire. These are of various grades such as consumer and clinical. These are used in applications such as atrial fibrillation, angina, atherosclerosis, cardiac dysrhythmia, congestive heart failure (CHF), coronary artery disease, heart attack, bradycardia, and tachycardia available at various sales channels such as online and pharmacy. The global wearable ECG monitors market is segmented - 1) By Type: Wired, Wireless 2) By Application: Atrial fibrillation, Angina, Atherosclerosis, Cardiac dysrhythmia, Congestive heart failures (CHF), Coronary artery disease, Heart attack, Bradycardia, Tachycardia 3) By Grade: Consumer, Clinical 4) By Sales Channel: Online, Pharmacy The global wearable ecg monitors market size will grow from $2.70 billion in 2022 to $3.29 billion in 2023 at a compound annual growth rate (CAGR) of 21.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global wearable ecg monitors is expected to grow to $7.26 billion in 2027 at a CAGR of 21.9%. With the increasing incidence of cardiovascular diseases (CVD), there has been a growing interest in developing wearable devices that can continuously monitor cardiac activity. According to According to the Centers for Disease Control and Prevention, one person dies every 36 seconds in the USA from CVD. CVD account for nearly 836,546 deaths in the US alone. In 2020, about 697,000 people in the US died due to heart disease. Cardiovascular diseases that include abnormalities in heart rhythm such as atrial fibrillation, ventricular fibrillation, and atrioventricular block require long-term monitoring. Additionally, since the mortality rate is high in CVD patients, the need for wearable devices that enable continuous heart monitoring is critical. The increasing incidence of cardiovascular diseases is therefore driving the market for wearable ECG monitors for quick emergency response and earlier detection of heart malfunctioning. Major players in the wearable ECG monitor market are Apple, GE Healthcare, Withings, Samsung, QardioCore, AliveCor, Fitbit, Welch Allyn, Philips Healthcare, and CardioNet. Wearable ECG monitors employ electrodes that contact the skin directly to monitor the health state and signal/trigger alarm to the care providers. However, currently, the requirement is the electrodes that are non-contact with the human body. This is because by using the electrodes that are in contact with the human body, the body's movement may be easily superimposed on the detected ECG signal, and for steady monitoring of ECG signal, it is necessary to effectively remove the motion artifact from the ECG signal. Therefore, wearable ECG monitors employing electrodes in contact with a human body and causing motion artifacts are likely to challenge the wearable ECG monitor market. Prolonged ambulatory rhythm monitoring is crucial for the diagnosis of intermittent arrhythmia. Conventional technologies for non-invasive rhythm monitoring include Holter monitoring or external cardiac event recorders. However, these traditional technologies have limitations in terms of low sensitivity, low diagnostic yield, and poor patient compliance. Although implantable cardiac monitors (ICMs) help in long-term monitoring, it is an invasive method as it requires minor surgery and is also associated with significant costs. Therefore, there is an increasing demand for non-invasive ambulatory rhythm monitoring. Smart clothing technology is a novel, alternative tool for non-invasive ambulatory rhythm monitoring. In January 2021, Boston Scientific, a US-based medical technology company, acquired preventice solutions for $925 million. The acquisition would help Boston Scientific in growing its footprint in cardiac diagnostics and services vertical. Preventice solutions is a US-based company manufacturing wearable cardiac sensors for remote patient monitoring. Western Europe was the largest region in the wearable ECG monitor market in 2022. North America was the second-largest region in the global wearable ECG monitors market share. The regions covered in the global wearable ECG monitor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the wearable ECG monitor market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The wearable ECG monitors market consist of sales of wired and wireless wearable ECG monitors. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The wearable ECG monitor market research report is one of a series of new reports from The Business Research Company that provides wearable ECG monitor market statistics, including wearable ECG monitor industry global market size, regional shares, competitors with a wearable ECG monitor market share, detailed wearable ECG monitor market segments, market trends and opportunities, and any further data you may need to thrive in the wearable ECG monitor industry. This wearable ECG monitor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Wearable medical devices are autonomous medical devices that can be worn by a person and perform functions such as medical monitoring and support. The main types of wearable medical devices are diagnostic devices and therapeutic devices. The diagnostic devices are used for diagnosing patient outcomes. The various product types include watches, wristbands, clothing, earwear, and other devices. These are used in sports and fitness, remote patient monitoring, home healthcare, and ear wear. The various distribution channels are pharmacies, online channels, and hypermarkets. The global wearable medical devices market is segmented - 1) By Device Type: Diagnostic Devices, Therapeutic Devices 2) By Product Type: Watch, Wristband, Clothing, Ear Wear, Other Devices 3) By Distribution Channel: Pharmacies, Online Channel, HyperMarkets 4) By Application: Sports And Fitness, Remote Patient Monitoring, Home Healthcare, Ear Wear The global wearable medical devices market size will grow from $22.44 billion in 2022 to $27.37 billion in 2023 at a compound annual growth rate (CAGR) of 21.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global wearable medical devices market size is expected to grow to $60.48 billion in 2027 at a CAGR of 21.9%. The wearable medical devices market covered in this report is segmented by device type into diagnostic devices, therapeutic devices. It is also segmented by product type into watch, wristband, clothing, ear wear, other devices, by distribution channel into pharmacies, online channel, hypermarkets and by application into sports and fitness, remote patient monitoring, home healthcare, ear wear. Major players in the wearable medical devices market are Philips, Polar Electro, Omron Corporation, Fitbit Inc., Garmin Ltd., LifeWatch AG (BioTelemetry Inc.), Xiaomi Inc., VitalConnect, Jawbone Inc., General Electric Co., and Medtronic PLC. The rise in mortality rate due to non-communicable diseases with an increasing prevalence of chronic diseases and lifestyle-associated diseases like hypertension and diabetes contributed to the growth of wearable medical devices. The Healthcare industry is coming up with newer technologies to overcome this with necessary measures like continuous and remote patient monitoring facilities through wearables which can be worn over the body all-day long for continuous monitoring of the required parameters like vital signs, glucose levels, and more. According to the world health organization (WHO), 2020, Non-communicable diseases (NCDs) will estimate 80% of the global disease burden. Seven out of every ten deaths in developing countries are caused by NCDs, and around half of these deaths are in people younger than 70 years. Moreover, the global NCD burden will rise by 17% in the next decade, and in Africa., it will grow by 27%. According to the International Diabetes Federation, an international organization working for spreading awareness regarding diabetes, in 2021, 537 million adults were living with diabetes. This number is expected to increase to 643 million by 2030 and 783 million by 2045. The rise in the number of chronic diseases coupled with growing awareness among the people is pushing them towards continuous monitoring which boosted the wearable medical devices market growth. Wearable device manufacturers collect and store data to sell them to the customer itself by charging a certain amount on monthly basis or periodically as per the requirement or to third parties at places where this information is not considered as Protected Health Information. There is a higher exposure of sensitive data as the amount of data handled by Medical Internet of Things devices is growing exponentially. The major data privacy concerns arise during the transmission of data to a cloud and during its storage. In July 2022, according to a survey released by American Medical Association (AMA), a US-based healthcare association, 92% of the respondents were in favour of maintaining their privacy and agreed that the medical data should not be sold to companies. There are risks of the access and security of the personal information collected by the third-party healthcare service providers which are expected to hamper the growth of the wearable medical devices market during the forecast period. Integrating artificial intelligence into wearable medical devices is gaining traction. The data collected by wearable medical devices lack value without the integration of artificial intelligence (AI) that better utilizes the data collected. AI doctor which is a standalone network with a deep learning algorithm performs well than trained medical practitioners in conditions like skin lesions, electrocardiograms, medical imaging, and pathology. In 2020, Apple acquired Xnor.ai that develops technology like artificial intelligence to gain access to low-power AI tools for image recognition in wearables and others. A survey published in 2022 showed that 88% of the respondents were aware about AI. 46% of the respondents believed that the benefits of AI in healthcare outweighed the risk while only 2% agreed the opposite. The wearable device app developers are increasingly focused on integrating AI into the apps to analyze the remotely collected data for better interpreting the ailment by an AI doctor. North America was the largest region in the wearable medical devices market in 2022. Asia-Pacific was the second-largest region in the global wearable medical devices market analysis. The regions covered in the global wearable medical devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the wearable medical devices market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and USA. The wearable medical devices market consists of sales of wearble ECG monitors, wearable fitness tracker, biosensors and others that are wearable and are used for monitoring medical conditions. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The wearable medical devices market research report is one of a series of new reports from The Business Research Company that provides wearable medical devices market statistics, including wearable medical devices industry global market size, regional shares, competitors with a wearable medical devices market share, detailed wearable medical devices market segments, market trends and opportunities, and any further data you may need to thrive in the wearable medical devices industry. This wearable medical devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Wearable injectors are drug delivery devices that adhere to the body while the drug is administered subcutaneously over a preset time period. The main types of wearable injectors are on-body injectors and off-body injectors. On-body injectors are drug delivery devices that are applied directly to the patient’s skin, in the abdominal region or the back of the patient’s arm. The various applications include immuno-oncology, diabetes, cardiovascular diseases, and others that are used by various end-users such as hospitals, clinics, and home care settings. The global wearable injectors market is segmented - 1) By Type: On-Body Injectors, Off-Body Injectors 2) By End-User: Hospitals, Clinics, Homecare setting 3) By Application: Immuno-Oncology, Diabetes, Cardiovascular Diseases, Other Applications The global wearable injectors market size grew from $7.16 billion in 2022 to $7.98 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the wearable injectors is expected to grow from $12.93 billion in 2027 at a CAGR of 12.8%. The rise in the number of diabetic and chronic diseases patients such as cardiovascular diseases and cancers contributed to the growth of the wearable injectors market. According to the International Diabetes Federation, in 2021, approximately 537 million adults were living with diabetes, and by 2045, it is estimated that around 783 million adults around the world and 1 in 5 adults who are above 65 are expected to suffer from diabetes. The rise in the number of diabetes and chronic diseases patients increased the demand for the treatment of the diseases, thereby driving the wearable injectors market growth. Major players in the wearable injectors market are Amgen, Becton, Dickinson, and Co., Enable Injections, Insulet Corporation, Ypsomed, Medtronic, Tandem Diabetes Care, Valeritas, and West Pharmaceutical Services. The high cost associated with wearable injectors is expected to limit the growth of the wearable injectors market. According to Drug Development and Delivery, wearable injectors are single-use systems that are comfortably worn on the body that costs between $20 to $35 per unit, which is high. The high cost associated with wearable injectors has a negative impact on the wearable injectors market growth. The focus areas for many companies in the wearable injectors manufacturing market have shifted to increasing mergers and acquisitions to acquire more production capabilities. Large prime manufacturers are forming joint ventures or buying small or midsized companies to acquire new capabilities or gain access to new markets. For instance, in April 2020, Zealand Pharma completed its acquisition of Valeritas, Inc., to expand the product portfolios and capabilities of the company. The acquisition is expected to build Zealand Pharma's capabilities and significantly increase its market share in the market. For instance, in April 2020, Zealand Pharma completed its acquisition of Valeritas, Inc., with an undisclosed amount. This acquisition helps to expand the product portfolios and capabilities of the company and is expected to build Zealand Pharma's capabilities and to importantly increase its market share in the market. Valeritas is a medical technology company committed to improving and commercializing creative drug delivery solutions. In April 2020, Copenhagen-based Zealand Pharma, a company that develops therapies for gastrointestinal, metabolic diseases, acquired Valeritas a New Jersey-based company that developed wearable insulin delivery devices for a deal amount of $23 million, plus the assumptions of some liabilities. The acquisition is expected to expand the footprint of Zealand Pharma in the US diabetes market. Valeritas, Inc. is a medical technology company headquartered in the United States. North America was the largest region in the wearable injectors market in 2022. Western Europe was the second-largest region in the global wearable injectors market analysis. The regions covered in the global wearable injectors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the wearable injectors market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The wearable injectors market consists of sales of instruments such as on-body injectors and off-body injectors. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The wearable injectors market research report is one of a series of new reports from The Business Research Company that provides wearable injectors market statistics, including wearable injectors industry global market size, regional shares, competitors with a wearable injectors market share, detailed wearable injectors market segments, market trends and opportunities, and any further data you may need to thrive in the wearable injectors industry. This wearable injectors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Smart wearables are defined as devices that are integrated with advanced technologies to keep a track of real-time information on activities. The main devices of smart wearables are smartwatches, smart glasses, fitness and wellness devices, smart clothing and others. Smart clothing is essentially an electronic device that communicates with other connected devices (such as smartphones) as well as the wearer's body. Smart clothing collects biometric and physical data from the wearer, such as body temperature and heart rate, using a variety of sensors. The sensor-generated data is transferred via Bluetooth to relevant apps on a paired smartphone, where it can be viewed by users. The various technologies of smart wearables are memory and storage technology, speech and pattern recognition technology, communication and networking technology, sensing technology, computing technology, display technology that are used in lifestyle, healthcare, consumer applications, defense, fitness and sports, enterprise and industrial applications. The global smart wearables market is segmented - 1) By Devices: Smart Watches, Smart Glasses, Fitness & Wellness Devices, Smart clothing, Other Devices 2) By Application: Lifestyle, Healthcare, Consumer applications, Defense, Fitness & sports, Enterprise & industrial 3) By Technology: Memory and Storage Technology, Speech and Pattern Recognition Technology, Communication and Networking Technology, Sensing Technology, Computing Technology, Display Technology The global smart wearables market size will grow from $20.64 billion in 2022 to $23.33 billion in 2023 at a compound annual growth rate (CAGR) of 13.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size o global smart wearables is expected to grow to $34.39 billion in 2027 at a CAGR of 10.2%. The increasing demand for wireless sports and fitness devices is projected to drive the smart wearables market. There is a rapid growth in the use of smart devices such as smartwatches among cyclists, runners, gym-goers, swimmers, and athletes to track the calories burnt, hourly activity, stationary time, and activity time. For instance, in December 2021, Xiaomi, a China-based consumer electronics company launched three new smartwatches with fitness trackers. This product allows users to make contactless payments on any MasterCard terminal, and 6 NFC also has a microphone, with support for Amazon Alexa that allows users to control their smart home devices. Therefore, the demand for smart and wireless fitness devices is expected to propel the smart wearables market. Major players in the smart wearables market are Apple Inc., Samsung, Google, Xiaomi, Nike, Motorola Solutions Inc., Garmin, Jawbone, Misfit, and Polar. The lack of control over the data generated by owners through their smart wearable devices constraints the growth of the market. The privacy policy of most wearable devices states that data collected would be shared with a third-party vendor, inherently giving way for the data breach. For instance, in 2021, Apple and Fitbit users' data was exposed online due to an unsecured database containing over 61 million records related to fitness trackers and wearables. Data breaches are a big concern to the users making it an obstacle for people to adopt the use of these devices and thus, impacts market growth negatively. The use of smart rings is a key trend shaping the growth of the smart wearables market. A smart ring is a wearable electronic device equipped with mobile devices such as sensors and NFC chips that are used as a peripheral tool to assist mobile devices for a variety of purposes, often monitoring everyday tasks. For example, in May 2022, Gucci x Oura, a Finland-based fitness tracker company launched a smart ring for $950. This product is made from black PVD-coated titanium and helps to discover self with highly personalized and responsive capability featuring the designer’s logo in 18-karat yellow gold, running along the outside of the band. In June 2022, Mensa, an Indian-based company acquired Pebble for an undisclosed amount. Through this partnership, Pebble’s online footprint and amplify its marketing and branding strengthen its efforts to become a household digital brand. Pebble is a California-based company operating in smart wearables. Asia-Pacific was the largest region in the smart wearables market in 2022. North America was the second-largest region in the global smart wearables market analysis. The regions covered in the global smart wearables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart wearables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The smart wearables market consists of sales of fitness trackers, smartwatches, VR headsets, activity trackers, smart wristbands, and other smart wearables. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart wearables market research report is one of a series of new reports from The Business Research Company that provides smart wearables market statistics, including smart wearables industry global market size, regional shares, competitors with a smart wearables market share, detailed smart wearables market segments, market trends and opportunities, and any further data you may need to thrive in the smart wearables industry. This smart wearables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Healthcare fabrics refer to a technical textile with a focus on fiber-based goods used in healthcare settings for hygiene, prevention, and care that may also be antimicrobial, which guards against bacterial growth on the fabric. Healthcare fabrics are made from versatile fibrous fabrics and structures and are utilised in a medical environment either for the medication of an injury or for the arranging of an appropriate condition in clinical treatment. The main healthcare fabrics' raw materials include polypropylene, cotton, polyester, viscose and polyamide. Polypropylene is a flexible resin polymer and is used in absorbable dressings, as absorbents, and in the packaging of medical liquids. The different healthcare fabrics types include non-woven, woven, and knitted, which are used for applications such as dressing products, clothing, hygiene products, wall coverings, privacy curtains, bedding, blankets, and other applications. The global healthcare fabrics market is segmented - 1) By Raw Material: Polypropylene, Cotton, Polyester, Viscose, Polyamide 2) By Fabric Type: Non-woven, Woven, Knitted 3) By Application: Dressing Products, Clothing, Hygiene Products, Wall Coverings, Privacy Curtains, Bedding And Blankets, Other Applications The global healthcare fabrics market size grew from $18.36 billion in 2022 to $20.08 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the healthcare fabrics market expected to grow to $29.19 billion in 2027 at a CAGR of 9.8%. Increasing government initiatives towards hygiene are driving the growth of the healthcare fabrics market. Governments across the world are focusing on improving consumer awareness of hygiene and health issues. Medical textiles are used in various areas such as bedding, clothing, surgical gowns, cloth wipes, diapers, and others, which increases demand for antimicrobial textiles and healthcare fabrics. Hygiene issues influence buyers to purchase sustainable antimicrobial textiles that are built of pure fibres with a herbal finish. For instance, in 2021, in India, the Total Sanitation Campaign (TSC) has been working on expanding the awareness of female hygiene products in villages. These initiatives will play a pivotal role in expanding the use of hygiene products, which constitute an application area for healthcare fabrics. Hence, increasing government initiatives are expected to drive the market during the forecast period. Major players in the healthcare fabrics market are Knoll, Inc., Brentano Inc., Kimberly-Clark Corporation, Avgol Industries 1953 Ltd., Paramount Tech Fab Industries, Advanced Fabrics, Carnegie Fabrics, Herculite, Berry Global Group Inc., Carnegie Fabrics LLC, Eximus Corporation, Herman Miller, Inc., Standard Textile Co., Inc., Arc-Com, Trelleborg Engineered Coated Fabrics, Fabrico, Bally Ribbon Mills, and Precision Fabric Group, Inc. Healthcare fabric companies are increasingly focusing on developing sustainable fabrics for use in the healthcare industry. Companies are focusing on manufacturing fabrics that pose low environmental risk and emit fewer carbon dioxide and other greenhouse gases. For instance, in 2021, a US-based coated fabrics company, Precision Textiles, launched a new eco-friendly fabric for use in personal protective equipment (PPE) called EcoGuard. The material contains an additive that helps it biodegrade up to 99% more quickly than typical polypropylene gown material. The isolation gowns made of polypropylene materials take over 600 years to biodegrade in a landfill, whereas the EcoGuard material accelerates the biodegradation process by approximately six years. In March 2021, SHL Healthcare AB, a Sweden-based healthcare products manufacturing company, announced a strategic partnership with NordShield, a Finland-based company specializing in the development of antimicrobial solutions. Through this collaboration, both companies agreed to develop and commercialize healthcare textiles incorporating natural material-based microbial protection. The textile products would satisfy the expanding demand for high-quality, long-lasting antimicrobial solutions in the medical industry. Europe was the largest region in the healthcare fabrics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare fabrics market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the healthcare fabrics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The healthcare fabric market consists of sales of woven fabric, non-woven fabric, polyurethane, dressing clothes, surgical clothes, polyvinyl chloride, and butylene esters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The healthcare fabrics market research report is one of a series of new reports from The Business Research Company that provides healthcare fabrics market statistics, including healthcare fabrics industry global market size, regional shares, competitors with healthcare fabrics market share, detailed healthcare fabrics market segments, market trends and opportunities, and any further data you may need to thrive in the healthcare fabrics industry. This healthcare fabrics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Cooling fabrics refer to a type of fabric that has the ability to react quickly to body heat and interact with body temperature to keep the body temperature at a reasonable level during hot weather and physical activity. These fabrics are engaged in manufacturing cooling fabrics The main types of cooling fabrics are synthetic cooling fabrics and natural cooling fabrics. Synthetic cooling fabrics are manufactured using synthetic fibres such as polyester, spandex, and nylon. Synthetic fabrics are considered more suitable for outdoor sports activities as it regulates the body temperature of the wearer through their superior evaporative characteristics. Natural cooling fabrics are manufactured using natural fibres like cotton, chambray and linen which allows for airflow and circulation in and out of the fabric. The various types of textile include woven, nonwoven, knitted, and others. The cooling fabrics are used in different areas including sports apparel, lifestyle, protective wearing, and others. The global cooling fabrics market is segmented - 1) By Type: Synthetic, Natural 2) By Textile Type: Woven, Nonwoven, Knitted, Other Textile Types 3) By Application: Sports Apparel, Lifestyle, Protective Wearing, Other Applications The global cooling fabrics market size grew from $2.67 billion in 2022 to $2.89 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the cooling fabrics is expected to grow to $4.12 billion in 2027 at a CAGR of 9.2%. The increasing demand for sports apparel is projected to propel the growth of the cooling fabrics market in the coming years. Sportswear is clothing that is worn during strenuous athletic tasks such as working out or engaging in sports. Sportspeople tend to wear outfits made of cooling fabrics to stay dry when on the field, which enables the wearer to be more relaxed and thus aids success in sporting events. For instance, the global sports apparel industry revenue is expected to increase from $181 billion in 2019 to $208 billion by 2025. Therefore, the increasing demand for sports apparel drives the cooling fabrics market growth. Major players in the cooling fabrics market are Coolcore LLC, Ahlstrom-Munksjö,, Formosa Taffeta Co. Ltd., Hong Li Textile Co. Ltd., Nilit, Tex-Ray Industrial Co. Ltd., Formosa Taffeta Co. Ltd., Asahi Kasei Corporation, Hexarmor, Invista, Adidas AG, Sun Dream Enterprise Co. Ltd., Everest Textile Co. Ltd., Nanotex LLC, Singtex Industrial Co. Ltd., and Nike Inc. The scarcity of raw material and labour in the cooling fabrics industry has led to an increase in retail prices lowering the demand for these apparel. Retailers limited the order of garments that required scarce raw material, as they had to pay a higher price. For example, in India, the low availability of cotton due to low water availability, high incidence of pest attacks, and inadequate southwest monsoon compelled the retailers to increase the prices of cotton apparel as they had to pay a higher price to the manufacturers for procurement. This increase in prices affected the demand for cotton, which in turn impacted the natural cooling fabric manufacturing market. Major firms in the cooling fabrics industry are focused on developing technologically advanced solutions for cooling fabrics. For instance, in December 2020, Brrr, a cooling fabric innovator, launched the Brrr Pro, an innovative performance textile with improved cooling fibres loaded with micro cooling minerals, as well as hyper wicking and quality drying, all of which operate together to enhance the triple chill effect for optimal comfort and a unique experience. In October 2021, Boyd Corporation, a US-based company specializing in engineered materials and thermal management technologies, acquired Siltec for an undisclosed amount. Through this acquisition, iltec’s dedicated team of scientists and technologists enhances Boyd's competencies in silicone material science and the medical industry. We will apply this knowledge to accelerate innovation across Boyd's material portfolio as well as adjacent high-growth markets such as industrial technology, e-mobility, and cloud data centers, where customers require high-temperature resistant and durable solutions. Siltec is a Germany-based company pioneering in compounding silicone for unique items in the highly regulated medical sector. North America was the largest region in the cooling fabrics market in 2022. Asia-Pacific is projected to record fastest growth over the forecast period. The regions covered in the cooling fabrics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the cooling fabrics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The cooling fabrics market consists of sales of flannel, muslin, terry cloth, sateen, gauze, velveteen, and sailcloth, as well as cotton, nylon, and rayon. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The cooling fabrics market research report is one of a series of new reports from The Business Research Company that provides cooling fabrics market statistics, including cooling fabrics industry global market size, regional shares, competitors with a cooling fabrics market share, detailed cooling fabrics market segments, market trends and opportunities, and any further data you may need to thrive in the cooling fabrics industry. This cooling fabrics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.