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.
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.
I work in the healthcare industry, and these developments fascinate me. For me, working with patients reliant on a 5l oxygen concentrator and other oxygen sources, I benefit from a wearable....it helps me track a lot of patient data in a quick and efficient way.
ReplyDeleteI have to say though I am intrigued how it might have an impact on or application for other sectors of the industry. Something on the line between medical and cosmetic, like keloid removal, for example? Can it really be said that IoT can be used everywhere? I would love a breakdown of how IoT, wearables etc can be used in all areas of the medical and health industries? That would be some significant research.