The market of wearable medical technology is one of the most rapidly growing and advancing sectors in the global marketplace, now comprised of devices that have the potential to alter and enhance lifestyle, provide diagnostic and therapeutic support, and aid in injury prevention.
These devices, which once solely focused on one single measurement (the number of steps in a day), now have the capabilities to focus on a variety of bodily measurements: heart rate, blood pressure, breathing, etc. New miniaturized sensors, wireless communication protocols, portability and data transfer abilities, are only a small sampling of the market’s proliferation.
Now valued at approximately $13.2 billion for the year of 2016, the industry of wearable technology is continuing to progress, as healthcare professionals and practitioners are concentrating on the overwhelming need to monitor diseases and aging populations. Due to the advent of new wireless and Bluetooth technologies, a quickly improving infrastructure, and a mounting patient familiarity with wireless devices, the technological advancements are being embraced by the healthcare industry. In order to engineer systems that facilitate the incorporation of wearable medical devices into patients’ and physicians’ daily routines, the marriage of medicine & IT-advancements will continue to develop and strengthen.