U.S. Wearable Medical Devices Market: Trends, Innovations, and Forecast 2024-2030
The U.S. wearable medical devices market size is expected to reach USD 46.89 billion by 2030 and is anticipated to expand at a CAGR of 23.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising prevalence of chronic diseases, growing consumer awareness, adoption of technology, and regulatory support and approval processes are the key drivers of the U.S. wearable medical devices market. Within the market landscape, the players are allocating substantial investments towards research and development, simultaneously striving to enhance their production capacities. The companies are pursuing the development of wearable medical devices, offering them to consumers at competitive prices. They are incorporating cutting-edge health features to attract customers and enhance overall appeal. In the U.S., the growing adoption of wearable medical devices is fueled by multiple factors, including technological advancements, transforming healthcar...