Wearable Tremor Therapy Market Analysis

Product Type (Wearable Mechatronic System, Gloves, Orthoses, Handheld External Devices)

Wearable tremor therapy market from the gloves segment is assumed to account for the largest revenue share of 45% by the end of 2036. About 70% of patients with Parkinson's disease have tremors in the early stages of the disease, and more than 25% have tremors during action, most commonly in the hands, making them unable to perform daily activities. New innovations in the field of gloves using a series of motors and sensors, capable of tracking intentional movements and distinguishing them from unintentional movements, are being developed. To maintain the precision of the gloves and contribute to the development of the software that controls them, real data from patients will be used. Gloves designed specifically for each patient are the demand factor driving the growth of this segment.

Distribution Channel (Pharmacies, Online Pharmacies, E-commerce & Online Purchase)

The e-commerce & online purchase segment in the wearable tremor therapy market is estimated to grow substantially during the forecast period. The main factors driving market growth are growing demand from SMEs and other industrial sector areas, as well as macroeconomic growth. Besides, this segment is anticipated to grow on account of easy convenience and a wider range of selection availability with e-commerce and online purchases.  In addition, the online purchase is convenient and easy. Patients can purchase wearable tremor therapy devices from the comfort of their own homes without having to go to a store. Online retailers typically have a wider selection of wearable tremor therapy devices than brick-and-mortar stores. This gives patients more options to choose from.

Our in-depth analysis of the global wearable tremor therapy market includes the following segments: