North America Medical Wellness Devices Sector to Grow at 7.1% CAGR
The North America medical wellness devices market is projected to experience unprecedented growth, with estimates suggesting it could reach $72.3 billion by 2033. This expansion is driven by rising consumer awareness around health, rapid technological advancements, and a shift toward preventive healthcare practices. Medical wellness devices, encompassing a wide range of wearable and non-wearable technology, have emerged as essential tools for individuals seeking to monitor, manage, and improve their health. North American revenue from the medical wellness devices market stands at US$ 33.8 Bn in 2022, with the global market estimated to surge ahead at a CAGR of 7.1% to reach a valuation of US$ 72.3 Bn by the end of 2033.