Smart Wearable Healthcare Devices Market to grow by USD 24.22 billion from 2023 to 2028

The smart wearable healthcare devices market is expected to grow by USD 24.22 billion from 2023 to 2028. In addition, the momentum of the market will progress at a CAGR of 15.51% during the forecast period, according to Technavio Research.

The market is segmented by product (fitness bands, smartwatches, and smart glasses), distribution channel (online and offline), and geography (North America, Europe, Asia, and the Rest of the World (ROW)).

North America is estimated to contribute 34% to the growth of the global market during the forecast period. Growth is being driven by the growing incidence of disease, a high prevalence of ear disorders, higher adoption of technologically advanced wearable medical devices, an increase in GDP, increased healthcare expenditure, new product launc