Global Military Wearable Medical Device Market Size & Outlook

The military wearable medical device industry worldwide is expected to reach a projected revenue of US$ 38,774.7 million by 2030. A compound annual growth rate of 26.6% is expected of the worldwide military wearable medical device industry from 2024 to 2030.

Revenue, 2023 (US$M)
$7,459.5
Forecast, 2030 (US$M)
$38,774.7
CAGR, 2024 - 2030
26.6%
Report Coverage
Worldwide

Global military wearable medical device market highlights

  • The global military wearable medical device market generated a revenue of USD 7,459.5 million in 2023 and is expected to reach USD 38,774.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 26.6% by 2030.
  • In terms of segment, heart monitor accounted for a revenue of USD 5,843.0 million in 2023.
  • Performance monitor is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 7,459.5 million
Market revenue in 2030USD 38,774.7 million
Growth rate26.6% (CAGR from 2023 to 2030)
Largest segmentHeart monitor
Fastest growing segmentPerformance monitor
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHeart Monitor, Performance monitor

Other key industry trends

  • In terms of revenue, the North America accounted for 37.5% of the global military wearable medical device market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 214.9 million by 2030.

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Military Wearable Medical Device Market Scope

Military wearable medical device market segmentation & scope

Military Wearable Medical Device Market Companies

Name Profile # Employees HQ Website

Global military wearable medical device market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to military wearable medical device market will help companies and investors design strategic landscapes.


Heart monitor was the largest segment with a revenue share of 78.33% in 2023. Horizon Databook has segmented the Global military wearable medical device market based on heart monitor, performance monitor covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Military Wearable Medical Device Application Outlook (Revenue, USD Million, 2018-2030)
    • Heart Monitor
      • Sick Alert
      • Heart Rate Variability
    • Performance monitor
      • Sleep-wake Cycle Alert
      • Core Body Temperature Monitoring

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Target buyers of Global military wearable medical device market databook

  • Our clientele includes a mix of military wearable medical device market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global military wearable medical device market , including forecasts for subscribers. This global databook contains high-level insights into Global military wearable medical device market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global military wearable medical device market size, by regions, 2018-2030 (US$M)

Top 10 countries: Military wearable medical device market size, 2023 (US$M)

Global military wearable medical device market share, by application, 2023 & 2030 (%, US$M)

Military Wearable Medical Device Market: Opportunity Assessment By Country

Global military wearable medical device market, by region, 2023 (US$M)

Global military wearable medical device market size, by regions, 2018-2030 (US$M)

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