Wearable Technology in Healthcare
Tom Spencer
JULY 28, 2018
Based on a recent study by Global Industry Analysts , the global market for wearable medical devices is projected to eclipse $4.5 billion by 2020. 1 In the United States, the predominant market in this space, it is estimated that roughly 20% of Americans currently own a wearable fitness device. 2 As questions on how to rein in increasing healthcare costs continue to mount, and politicians focus on passing legislation and targeting the pharmaceutical industry, a possible solution may be wearable
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