15 handpicked stocks

Wearable Health Stocks: Growth Potential vs Competition

Apple's recent FDA clearance for its Apple Watch hypertension feature marks a major step in wearable medical technology. This development opens up investment opportunities in the broader ecosystem of connected health devices and remote patient monitoring services.

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Author avatar

Han Tan | Market Analyst

Published on September 12

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

AAPL

Apple, Inc.

AAPL

Current price

$234.07

Leading the wearable health revolution with FDA-cleared Apple Watch hypertension monitoring technology.

MDT

Medtronic PLC

MDT

Current price

$94.03

Global leader in medical technology and devices, well-positioned for the connected health ecosystem.

RMD

ResMed Inc.

RMD

Current price

$270.14

Specialises in connected health solutions and remote patient monitoring technologies.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year, based on aggregated analyst sentiment provided by Refinitive Ltd.

If you invested across these assets:

In 12 months it might be worth:

$1,000.00

+149.12%

About This Group of Stocks

1

Our Expert Thinking

Apple's FDA clearance for its Apple Watch hypertension feature represents a pivotal moment where consumer wearables meet medical-grade monitoring. This regulatory milestone validates the convergence of personal technology and preventative healthcare, potentially unlocking significant market growth across the entire connected health ecosystem.

2

What You Need to Know

This group spans the complete digital health landscape, from major device manufacturers to specialised sensor companies and telehealth platforms. The theme captures the long-term trend of wearable technology becoming legitimate medical tools, creating opportunities across multiple interconnected sectors in the growing digital health space.

3

Why These Stocks

These companies were handpicked by professional analysts as key players positioned to benefit from the expanding connected health landscape. The selection includes device manufacturers, sensor specialists, and remote monitoring providers that could all capitalise on the validation and growth of wearable medical technology.

Group Performance Snapshot

149.12%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 149.12% over the next year.

12 of 13

Stocks Rated Buy by Analysts

12 of 13 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🏥

Medical Revolution Underway

Apple's FDA clearance proves wearables are becoming legitimate medical tools. This regulatory breakthrough could accelerate adoption across the entire connected health ecosystem, creating massive growth opportunities.

📈

Massive Market Expansion

The convergence of consumer tech and healthcare is unlocking billions in market potential. Companies positioned in this space could see significant growth as wearable health monitoring becomes mainstream.

First-Mover Advantage

These companies are at the forefront of the digital health revolution. Getting in early on this trend could position you to benefit from the long-term shift towards preventative, technology-enabled healthcare.

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