Sales of wearable technology are expected to surge in the coming years, with the market set to reach $150 billion by 2027. The figures were estimated by market research and business intelligence firm IDTechEX, which found consumers rated healthier eating, smarter exercising and more convenient access to healthcare among the benefits of wearable technology. That in turn will provide health insights to forecast how certain choices – lifestyle, medication and so on – will affect future health. Biomedical engineersThe model, which was developed by a team of biomedical engineers, scientists, mathematicians, and health industry specialists, provides a safe and cost effective environment to understand the impact of certain choices on our future health and could help change user behaviour. Lengthening lifecycleGrowth is expected to slow however, delayed by a lengthening lifecycle of devices, fewer new features and a software focus.
Source: The Irish Times March 29, 2018 06:45 UTC