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Digital Health Transformation: Wearable Medical Devices Market Forecast (2030)
The Global Wearable Medical Devices Market was valued at US $26.64BN in 2022 and is expected to reach US $152.22BN by 2030, growing at a CAGR of 24.34% during the forecast period 2023 – 2030
In addition to their individualized health benefits, wearable medical devices contribute significantly to the broader healthcare ecosystem. Remote patient monitoring has become more efficient, enabling healthcare providers to deliver timely interventions and reduce hospitalization rates. The seamless integration of these devices with digital health platforms facilitates the secure sharing of data between patients and healthcare professionals, fostering a collaborative approach to healthcare management.
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