Research

The entire sector received $18.5B in VC funding and almost $7.5B in debt and public market financing, bringing the total funding for the sector to $26B.

The reports identified gaps in coverage and reimbursement, and physician practice standards and licensure across the United States.

Also, 77% of respondents would use virtual services to track health indicators like blood pressure and glucose levels; and 76% for follow-up appointments.

According to Berg Insight, the number of remotely monitored patients will grow at a CAGR of 47.9% to reach 50.2 million by 2021.

According to ABI Research, the patient monitoring wearable market -- which includes remote and on-site devices -- will grow from 8 million shipments in 2016 to 33 million in 2021.

Fitness and health wearables will become a $20 billion hardware market annually within 5 years, according to Juniper Research.

74% of employers with strategic, holistic wellbeing programs saw improvements in employee satisfaction and 65% improvements in organizational culture.

Juniper Research has scaled back its estimates for market growth, and now anticipates that less than 60 million smartwatches will be shipped annually by 2021.

Globally, revenue loss has increased from $564 billion in 2012 to $637 billion in 2015, with US-based revenue losses increasing from $188 billion in 2012 to $250 billion in 2015.

In Q1, we saw a number of new fitness trackers and smartwatches introduced, price reductions, and greater participation within emerging wearables categories.