According to ABI's survey data, about 30 million wireless wearable health sensors were used in the medical electronics field in 2012. This number has increased by 37% compared with 2011. Jonathan Collins, the main analyst of the study, told MobiHealthNews that the report focuses on devices that can be worn (not included under the skin), can be connected wirelessly and somehow detect the health of the wearer.
ABI predicts that between 2011 and 2017, the market for wearable sensors will increase at an annual growth rate of 41%. In 2017, the number of wearable sensors will reach 169 million. The number of 2077 million in 2011 to 30 million in 2012 is only slightly lower than the ABI forecast in February.
Now, the ABI predicts that the annual growth rate will be below 40%, and the number of wearable sensors will reach 160 million in 2017. Collins said that this slight adjustment is not due to a decrease in the market for wearable sensors used in health. On the contrary, the market for health is still increasing. The decrease in number is because medical applications are actually less than expected.
According to the ABI forecast, in 2017, 60% of the devices sold were used for fitness monitoring, 23% for elderly health monitoring devices, 7% for remote patient monitoring, and the remaining 7% for medical care monitoring.
Collins said the trend of wireless wearable sensors this year is to connect via Bluetooth. Earlier this year, Juniper Research predicted that the market value of the wearable sensor market will reach 150 million US dollars in 2014, and IMS predicts that the market value of 2016 will reach 600 million. Collins said that many creative ideas are involved in this market. He predicts that with the development of the market, there will be more sensors mixed with social media, more companies will invest in tracking employee health, and the professional medical market will also grow further.
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