health ๐ฉบ US medical wearables market set to hit $44B by 2033
The US wearable medical devices market is projected to reach a massive USD 44.0 billion by 2033. This growth is driven by continuous glucose monitoring (CGM) adoption among over 38 million Americans with diabetes. The market is expected to expand from 27 million units in 2024 to 88 million units by 2033. High manufacturing costs for advanced biosensors remain a key industry constraint. Future growth is linked to outcome-driven reimbursement models and AI integration. ๐