Wearables Archives - mHealth Spot

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IDC: Global wearables market to hit 198.5M units by the end of 2019

The market is expected to reach 279 million units by the end of 2023 with a compound annual growth rate (CAGR) of 8.9%.

Much of the growth was attributed to the growing number of ear-worn devices as they captured almost a quarter of the market during the year.

New devices include Fitbit Versa Lite Edition smartwatch, and a trio of activity trackers - Fitbit Inspire HR, Fitbit Inspire and child-friendly Fitbit Ace 2.

The story ends on May 31 when web-connected services won't work any more; Band owners will still be able to track their fitness activities, though.

The OnePulse smartwatch is described as a valuable tool for the medical provider to monitor chronically ill and elderly patients who plan to age in place.

Both the Galaxy Watch Active and Galaxy Fit have can automatically detect when the user begins certain common workouts like running or biking.

The Verisense platform provides complete clinical trial sponsor support, requiring a five-minute setup to initiate data collection and participant follow up.

Included in the deal are an upgraded on-device dashboard and goal-based exercise modes; also there are new apps and clock faces.

Two key factors are contributing to this growth, including the growing popularity of smartwatches and greater wearables adoption in emerging markets.

The filing describes a device with an array of sensors that would be able to reduce or stabilize involuntary movement in an adjacent joint or entire limb.