1、 Healthcare Report Code: GDHCHT026 Published: August 2019 Wearable Technology in Healthcare Wearable Technology in Healthcare Reference Code: GDHCHT026 Published: August 2019 Healthcare 2 GlobalData 2019. This product is licensed and is not to be photocopied. Wearable Technology in Healthcare Inside
2、 Players Trends Industry Analysis Value Chain Companies Section Sector scorecards Technology Briefing Glossary Report type Single theme Multi-theme Sector Scorecard In 2018, the wearable tech market was worth nearly $23B and is likely to grow to $54B by 2023, according to GlobalData forecasts, growi
3、ng at a Compound Annual Growth Rate (CAGR) of 19% by 2023. Wearables have been adopted in a wide range of fields; however, they have their greatest potential in healthcare to address spiraling healthcare costs, aging populations, and the burden of chronic disease. In healthcare, wearable technologie
4、s are defined as noninvasive and autonomous devices that capture, analyze, and aggregate physiological data to improve personal health and well-being. Wearable technology has been used almost exclusively for fitness purposes to date, steered by the increasing demand of consumers to monitor their own
5、 health. The integration of wearable tech with augmented reality (AR), Big Data, artificial intelligence (AI), and cloud computing solutions, as well as the falling prices of sensors, open-source application programming interfaces (APIs), frameworks, and libraries, is enabling faster and more cost-e
6、ffective solutions within the Internet of Things (IoT) ecosystem. Recent advances are providing value add for healthcare with a focus on diagnosis, treatment, monitoring and prevention. These advantages are felt through the entire healthcare value chain with benefits including personalization, early