Monday, September 19, 2016

Wearable Medical Devices to Drive Global Wireless Health Market | @ThingsExpo #IoT #M2M #Wearables

from Wearable Medical Devices to Drive Global Wireless Health Market | @ThingsExpo #IoT #M2M #Wearables
The global wireless health market by products encompasses ECG monitors, insulin monitors, neuromonitors such as EEG and EMG devices. Recent estimations show that an astounding 1.8 million people across the world will be using wireless remote monitoring devices by 2017. Many of these users will be those suffering from chronic diseases. To put that into perspective, consider this: about 75% of all healthcare expenditure worldwide is spent on patients suffering from chronic diseases such as diabetes, asthma, and Alzheimers, and cardiovascular problems. Grappling with these issues, the healthcare industry has attempted to increase the integration of technology into medical services, and the wireless health market is expected to benefit from this. Transparency Market Research’s report, titled ‘Wireless Health Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015–2023,’ says that wearable medical devices will show the fastest growth within this market.

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