Smart Wearables in Healthcare, 2016-2030 - Industry to Grow at an Annualized Rate of 13.6%

Dublin, Sept. 26, 2016 -- Research and Markets has announced the addition of the "Smart Wearables in Healthcare, 2016-2030" report to their offering.

The Smart Wearables in Healthcare, 2016-2030' report provides a comprehensive analysis of the current market landscape and a detailed future outlook of smart wearables focused on improving the quality of lives of people from a healthcare / fitness perspective. The report highlights the various applications of smart wearables across a wide range of sectors such as gaming, entertainment, healthcare / fitness and lifestyle.

A significant amount of innovation in smart wearables industry is centred in the healthcare sector. The study provides a holistic coverage of developments that are impacting the current healthcare setup and are likely to drive significant changes in healthcare management approaches in the future. In fact, a close look at historical trends on social media platforms clearly indicates the growing popularity of smart wearables / devices amongst the masses.

One of the key objectives of this study was to identify the various smart wearables that are currently available / being developed and evaluate the future potential of the market within the healthcare industry. Combined, these wearables offer a huge opportunity for their respective developers as the industry gets ready for the launch of next generation of these products.

Example Highlights

• We identified close to 250 smart wearables, being developed by over 150 companies, across different segments of the industry. The current landscape is dominated by activity / fitness trackers; in fact, wrist wearables, made available by leading players on several B2C platforms, are widely used.
• Of late, the focus has broadened; the companies have intensified their efforts towards development of more complex applications in monitoring critical parameters such as ECG, EEG, EMG, blood pressure, blood glucose monitoring, aiding in timely and accurate diagnosis. Such wearables represent -40% of the products we identified. In addition, the trend has also shifted towards smart wearables that provide therapeutic benefit. These wearables currently have applications in pain / stress / anxiety management.
• The overall market is highly fragmented across the different segments highlighted above. Despite the presence of new players, several well-known non-healthcare stakeholders such as (indicative list, in no specific order) Apple, Adidas, Asus, Acer, Huawei, Intel, LG, Microsoft, Nike, Philips, Samsung, Sony and Xiaomi have strengthened their position on the market, specifically in activity / fitness tracking. The other two segments namely monitoring & diagnostics and wearables for therapy have also attracted several start-ups and SMEs that have developed innovative technologies. Examples of stakeholders in these segments include (indicative list, in no specific order) Atheer, Brain State Technologies, Chrono Therapeutics, dorsaVi, Empatica, Force Impact Technologies, G-Tech Medical, Hexoskin, Hocoma, iSono Health, Lumo Bodytech, Numera, Orpyx and Proteus Digital Health. These companies are expected to foster significant technological advancements in the near future.
• With more and more people becoming aware about smart wearables, trends on social media platforms have demonstrated the growing popularity. In fact, we were able to capture over 80,000 mentions of relevant keywords on different social media platforms in the last five years. The activity has increased dramatically over the last 2-3 years. The same behaviour was observed on Google Trends.
• Venture capitalists have strongly backed the innovation. We identified over 180 instances of funding across 70 companies over the last few years. The total amount invested has been close to USD 3.1 billion; of this, USD 2.1 billion came during the last three years alone. This clearly depicts the high interest of venture capital firms and other strategic investors in this area.
• During the same time, several agreements were inked amongst the stakeholders. We captured over 120 partnerships across product development/integration, distribution/marketing agreement, supply agreements, mergers/acquisitions and others. Over 90 collaborations were signed in the last 3-4 years with product development / integration accounting for 44% of the total agreements. It is fair to state that such collaborations are one of the key enablers that are expected to drive new products in the market over the coming years.
• We expect the overall market for smart wearables within the healthcare industry to grow at an annualized rate of 13.6% over the coming 15 years. Relatively higher growth is expected for novel wearables under monitoring & diagnostics and therapy segments. As the market evolves, North America and Europe will continue to be the biggest contributors. These regions are likely to drive the market in the mid to long term before a wider adoption is seen in the emerging markets of India and China (likely to happen as price declines over time).

Key Topics Covered:

1. Preface

2. Executive Summary

3. Introduction

4. Market Overview

5. Smart Wearables For Activity / Fitness Tracking

6. Smart Wearables For Monitoring & Diagnostics

7. Smart Wearables For Therapy

8. Wearables For Other Applications

9. Partnerships And Collaborations

10. Capital Investments And Funding

11. Market Forecast

12. Case Study: Key Components Of Smart Wearables

13. Survey Analysis

14. Conclusion

15. Interview Transcripts

16. Appendix 1: Tabulated Data

17. Appendix 2: List Of Companies

- 2XU
- 3L Labs
- AAC Technologies
- Abbott
- Acer
- ActiGraph
- ActiSmile
- Activinsights
- Adidas
- ADMEA
- Advanced Circulatory System
- AiQ Smart Clothing
- Alere Health
- AliveCor
- Alliance Health
- Alsius
- AMA (Advanced Medical Applications)
- American Physical Therapy Association
- Amiigo
- Analog Devices
- Anandic Medical Systems AG
- AnatoMotion
- ANT+
- Apollo Hospitals
- Apple
- APX Labs- Skylight software
- Arizona State University
- Ascension
- Ascent Batteries
- ASE Group
- Asus
- AT&T
- Atheer
- Atlas
- Atlantik Networxx
- Augmate
- Augmedix
- Augumenta
- Austria Microsystems
- Automatic
- Avery Dennison
- Bainisha
- BaseBandTechnologies
- BaubleBar
- beConect
- Best Buy
- Beurer Medical
- Biosensics
- BioSensive Technologies
- BioSerenity
- Biovotion
- BitBite
- Bloomer
- Bluegiga
- Blukii
- BMC Software
- BodyMedia
- Bosch Sensortec
- Boston Scientific
- BPS Technologies
- Brain Rhythm
- Brain State Technologies
- BTS Bioengineering
- Buro Medische Automatisering (BMA)
- C.Schneider (Blukii)
- Cambridge Consultants
- Cambridge Temperature Concepts
- Canary Foundation
- Canatu
- Cardiff University
- Cardio Tennis
- Care Innovations
- Carnegie Mellon University
- Catabasis Pharmaceuticals
- CatalanLabs
- Cefaly
- Chrono Therapeutics
- Cisco
- Clothing+
- Cloud DX
- Cochlear
- Code4Armour
- ComfTech
- Connected Device
- Connectedevice
- ConnectedHealth
- Costco
- CrowdOptic
- Cyrcadia Health
- Dana-Farber Cancer Institute
- Design Museum
- Dexcom
- Dhama Innovations
- Dialog Semiconductor
- Dong Hua University
- dorsaVi
- Dowa
- Dualis
- Dune
- DuPont
- Dynastream Innovations
- Eastern Academic Health Science Network (EASHN)
- eCardio Diagnostics
- Edwards Lifesciences
- Eeonyx
- El Camino Hospital
- Emotiv
- Empatica
- EnOcean
- Epilepsy Canada
- Epson
- Ericsson
- eSight Corporation
- EuroCloud
- Eurotech
- Evena Medical
- Evernote
- Exel
- Exmovere
- EyeTel Imaging
- Ezypay
- Fatigue Science
- Firstbeat
- Fitbit
- Fitbug
- FitLinxx
- Fitti
- Flexible Circuit Technologies
- Flextronics
- Fogarty Institute for Innovation
- Footfalls & Heartbeats
- Force Impact Technologies
- Forster Rohner Textile Innovations
- Foxconn
- Foxlink Group
- FraSen
- Fraunhofer Institute
- Gaiam
- Galvanic
- Garmin
- Gemalto
- Gentag
- Genuine Thermos Band
- GeoPalz
- Glenveigh Medical
- Google
- Grepow
- G-Tech Medical
- Guess
- Hahn-Schickard
- Harman Kardon
- Harvard Medical School
- Health Care Originals (HCO)
- Hexoskin (Carre Technologies)
- HFT Smart Sensors
- Hocoma
- Honeywell Scanning and Mobility
- Huawei
- HZO
- iBeat
- IDIAG
- ihealth Labs
- IMEC
- iMinds
- Immersion
- Imprint Energy
- Infusion Dynamics
- Ingram Micro
- Intel
- Intelesense
- Intelligent Clothing
- Interactive Wear
- Interapt
- Interaxon
- InvenSense
- iRhythm
- Isansys
- iSono Health
- iTizzimo
- Jabil
- Jabra
- Jawbone
- Jinlong Machinery & Electronics
- Keytree
- King's Metal Fiber Technologies
- Kionix
- Kissei
- KMS
- Kopin
- Kura MD
- Kyma Medical Technologies
- La Roche Posay / L'Oréal Dermatology Department / MC10
- Laforge Opitcal
- Laird Technology
- Lantos Technologies
- Laster Technologies
- Lazer
- Leaf Healthcare
- Lenovo
- LG
- LifeBEAM
- LifeWatch
- Limmex
- LionsGate Technologies
- L'Oréal
- LOSTnFOUND
- Loughborough University
- Luciding
- Lumo Bodytech
- Lumus
- MAD Apparel
- Maine Entrepreneurs
- Martian Watches
- Marubun Corporation
- Massachusetts Institute of Technology (MIT)
- Massey University
- Mattel
- Mayo Clinic
- MC10
- Measurement Specialities
- Med Depot Berlin
- MEDgle
- Medical Graphics UK
- Medidata
- Medixine
- Mentor Graphics
- Microchip Technology
- Microsoft
- Microvision
- Mindtree
- Misfit
- Mondaine
- Monica Healthcare
- Monitorlinq
- Montblanc
- Moticon
- Motorola
- My.Flow
- MyCardio
- MyFitnessPal
- MyKronoz
- Myontec
- Myovolt
- NAMU
- NanJing KeLiWei Electronic Equipment China
- NanoMichano
- NanoSonic
- National Cancer Institute
- National Institutes of Health
- Nemo Devices
- Netamo
- NeuroMetrix
- NeuroOn
- NeuroPro
- NeuroSky
- New York State University
- Nike
- Novartis
- NovioSense
- Novo A/S
- Numera (now Nortek)
- Nutrivise
- Nuubo
- NXP Semiconductor
- Omate
- Omron
- OMsignal
- Ooryon Technologies
- Oracle
- Orpyx Medical Technologies
- Orthotics Holdings
- Oscar Insurance Corporation
- OSRAM
- Otsuka Pharmaceuticals
- OU Sonotrade
- ­­OURA Ring
- Owlet
- Oxford Academic Health Science Network (OAHSN)
- Oxford University
- Oxford University Hospitals NHS Trust
- Oxie
- Patterson Medical
- PC Jeweller
- PCH
- Pebble Technology
- Philips Lifeline
- Phyllis+ Rosie
- Piocooc
- Pixie Scientific
- PNI Sensor Corporation
- Polar Electro
- PowerbyProxi
- Panasonic Corporation
- Practech
- Practice Fusion
- Preventice Services
- Pristine
- Proteus Digital Health
- Pryv
- PulseOn
- Punter Southall Health & Protection Consulting Limited
- Qardio
- Qmedic
- Qualcomm
- Reebok
- ResMed
- ReSound
- Rest Devices
- Re-Timer
- Richline Brands
- Rithmio
- Rochester Optical
- RootiLabs
- RunKeeper
- Samsung
- Schreiner Group
- Scribe Labs
- Sensirion
- Sensixa
- Sensoplex
- Sensoria
- SensorUp
- Seraphim Sense
- Sergentia
- Shimmer
- Singularity University
- Smart Sensing
- Soitec
- Somaxis
- Sony
- Sotera Wireless
- Sound of Motion
- Speedo
- Spire
- Sproutling (now Mattel)
- St Jude Medical
- ST Microelectronics
- Stanford University
- STMicroelectronics
- Stretch Sense
- Stryd
- SunFriend
- Swiss Federal Institute of Technology
- Synapse
- Tactonic Technologies
- TAG Heuer
- TDK
- TE Connectivity
- Team Turquoise
- TeamViewer
- Telit
- Ten Pieces
- Texas Instruments
- The Chopra Center
- The Northern Health Science Alliance (NHSA)
- Thimble Bioelectronics
- TITV Greiz
- Toitu
- Tory Burch
- Toshiba
- Trivoly
- Tunstall Healthcare
- TWare
- Tzoa
- UCB
- Ugo Palmerio
- UnaliWear
- Uneo
- United States Army Research Office
- United Way York Region (UWYR)
- University of California
- University of Connecticut
- University of London
- University of Nottingham
- University of Pittsburgh Medical Center
- University of Rochester
- University of Virginia School of Medicine
- UpRight
- USMicro Products
- Validic
- Varta Microbattery
- Veari
- Vector
- Verkotan
- Vicis
- Vicro
- Virtual Beam
- Visere and Massive Health
- VitalConnect
- VivaLnk
- VivoSensMedical
- Vuzix
- Welch Allyn
- Withings
- World Economic Forum
- Xiaomi
- XLABS
- Xsens
- Xybermind
- Yale University
- Zensorium
- Zoll Medical
- Zurich University of Applied Sciences

For more information about this report visit http://www.researchandmarkets.com/research/2gx9j3/smart_wearables

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         Related Topics: Healthcare, Wearable Technology