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Market Strategies for Wearable Health Tech: Growth and Innovation 2023-2030
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
These devices encompass a wide range of functionalities, from heart rate monitoring to sleep analysis and beyond. They offer users the ability to seamlessly integrate health tracking into their daily lives, providing a comprehensive understanding of their physical condition. This has proven particularly beneficial for those with chronic conditions, as continuous monitoring allows for early detection of anomalies and timely intervention.
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