Vertical Farming & AgriTech in the U.S. | Market Research Report
LA New Product Development Team · 2:10 · Published March 20, 2025
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The wearable medical devices market in the United States is experiencing explosive growth, driven by the convergence of medical-grade wearables and consumer health gadgets. In 2023, the U.S. market was valued around $11.45 billion, and it is projected to surpass $100 billion by 2033 with a 25%+ CAGR .
Globally, the market is also expanding rapidly – for context, worldwide wearable medical devices reached $81.1 billion in 2023 and are forecast to hit $324.7 billion by 2032 (17.2% CAGR).
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