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The Global Wearable Medical Device Industry is on track for a remarkable surge, according to a recent market analysis by Future Market Insights (FMI). The market, valued at US$38.58 billion in 2024, is projected to reach US$84.85 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 8.20% over the next decade. This significant expansion is fueled by a paradigm shift in healthcare, driven by the rising prevalence of chronic diseases and the growing trend of sedentary lifestyles. Traditional healthcare models are being reevaluated as governments, healthcare organizations, and medical service providers prioritize early diagnosis and regular patient monitoring. Wearable medical devices are emerging as a pivotal solution to address these challenges, offering continuous monitoring and real-time data collection. This trend is further accelerated by the active encouragement of routine diagnosis by regional and national healthcare agencies through awareness programs and various campaigns. These initiatives are fostering heightened awareness among the masses regarding the benefits of wearable medical devices for monitoring and diagnosing vital signs. Request a Sample of this Report Now! https://www.futuremarketinsights.com/reports/sample/rep-gb-826 Key Takeaways from the Global Wearable Medical Device Industry Report The wearable medical device market achieved a market size of US$ 36,604.3 million in 2023. During the historical period, the market registered a CAGR of 7%. By product, the wearable therapeutic medical device segment is estimated to acquire a value share of 55% in 2024. Based on the application, the home healthcare segment is anticipated to obtain a market share of 63% in 2024. The wearable medical device industry in the United States is expected to expand at a CAGR of 5% through 2034. The wearable medical device market in France is projected to register a CAGR of 8% from 2024 to 2034. The wearable medical device market in India is estimated to record a staggering CAGR of 40% over the forecast period. The market in Singapore is projected to grow at a CAGR of 10% through 2034. “Continuous advancements and release of upgraded wearable medical devices by leading players are expected to be a go-to-market strategy of leading players. Additionally, players are expected to explore the potential of wearable medical devices in various new segments,” says Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) Competitive Landscape in the Global Wearable Medical Device Industry Market players are developing advanced wearables and exploring new application cases for wearable medical devices, which is contributing to market growth. The industry participants are acquiring firms with complementary technologies and collaborating with other healthcare institutions, technology providers, and pharmaceutical firms to expand their distribution channels, leverage expertise, and develop integrated solutions. Players are further emphasizing privacy and data security and prioritizing user-friendly designs to boost user adoption and compliance. Industry participants are getting involved in targeted marketing campaigns toward certain healthcare professionals and patient segments to elevate brand recognition and drive device adoption. Methodology Details Just a Click Away! https://www.futuremarketinsights.com/request-report-methodology/rep-gb-826 Recent Developments in the Global Wearable Medical Device Industry In July 2023, Dexcom, a developer of constant glucose monitors, revealed that it is making a Type 2 diabetes monitor for patients who don’t require insulin. The company also offers a cash-pay choice for patients not secured by health insurers and Medicare. In July 2023, Samsung announced that it is gearing up to launch ‘Galaxy Ring’ equipped with smart health features in 2024. For the success of its recent wearable endeavor, the Korean tech giant is collaborating with international as well as domestic component manufacturers. Manufacturers of the Global Wearable Medical Device Industry Medtronic plc Siemens AG Fitbit Inc. Bayer AG Panasonic Corporation Animas Corporation – Johnson and Johnson Smiths Medical – A Smiths Group Company Koninklijke Philips N.V. Owlet Baby Care OMRON Corporation Hoffmann-La Roche Ltd Rest Devices Inc. Others

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Sourdough Market Surges to US$ 411.2 Million by 2034: A Rising Trend in Artisanal Baking In the recent edition of the sourdough market, FMI predicts a CAGR of 4.40% through 2034. The market is has the potential to surge from US$ 267.8 million in 2024 to US$ 411.2 million by 2034. Western Europe is the largest market for sourdough, contributing for roughly 38% of overall revenues in 2022. Sourdough use in Western Europe’s food manufacturing units remains high. Future Market Insights estimates the Western Europe sourdough market to increase at a CAGR of 7.1% through 2032. In terms of revenues, the market is projected to grow 2X from its 2022 market valuation of US$ 1.21 Bn. In terms of volume, over 552 thousand tonnes of sourdough was sold in 2022; FMI estimates it to reach over 975 thousand tonnes in 2032. Get Sample Report https://www.futuremarketinsights.com/reports/sample/rep-gb-1900 Opportunities in the Global Sourdough Market Increasing demand for clean-label products has presented a lucrative opportunity for businesses Use of sourdough is also gaining traction owing to its application in preparation of foods that require fermentation Key Supply-side and Demand-side Drivers According to Future Market Insights’ report, demand for sourdough is increasing on account of its beneficial functional properties. Its property of enhancing flavour and texture is a key factor for its applications in the F&B sector, especially bakery sector Increase in the number of artisan bakeries is positively influencing the demand for sourdough. Particularly high demand for type 1 sourdough – made using only wild yeasts – is being witnessed in artisan bakeries Availability of sourdough products on e-commerce stores is also contributing to increasing sales Growing demand for sourdough from the fast food and bakery sector is creating sizeable growth opportunities for manufacturers High cost of sourdough products is a major impediment to their widespread adoption in developing countries. Key Trends Expected to Shape Global Sourdough Market Dehydrated sourdough (Type III) is gaining traction in the bakery industry. Freeze-drying remains the preferred dehydration technique for manufacturers. Manufacturers are using devitalised sourdough for enhancing the aroma of products. Devitalised sourdough does not contain live organisms, enhancing its use as an aromatic agent Consumer demand for healthy food products has resulted into the launch of chocolate sourdough loaves. Further, Future Market Insights identified increasing use of type I sourdough. Buy Complete Report https://www.futuremarketinsights.com/checkout/1900 Sourdough Market Forecast and Analysis by Starter Culture Type III starter culture currently accounts for nearly half of the revenue share of the global sourdough market. Over 773 thousand tonnes of sourdough was sold in 2016; by the end of the forecast period, Future Market Insights estimates global volumes to surpass 1.3 million tonnes. Key companies profiled by Future Market Insights in its report include Puratos NV, Ernst Böcker GmbH & Co. KG, IREKS GmbH, Kampffmeyer Mühlen GmbH, Philibert Saveurs, Lesaffre, Dilbeek, Minden, Kulmbach, Hamburg, Pont-de-Veyle, and Marcq-en-Barœul. Future Market Insights maintains a positive outlook on the global sourdough market, projecting it to grow by 6.8% CAGR through 2026 in terms of value. In terms of volume, demand is projected to grow at 5.5% CAGR. Key segments covered in the global sourdough market report By Application Bread Pizza Buns Cakes Cookies Waffles and Pancakes Others By Region North America Western Europe APEJ Latin America Eastern Europe Middle East and Africa Japan

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