Soreon Research

New Report: Wearable Healthcare Technology Market Shooting Up to USD 41 Billion by 2020

Wearable devices, smart algorithms and the existence of huge, easily accessible health databases are disrupting the health industry. Today, the global size of such smart wearable devices is USD 2 billion. By the year 2020 this market is estimated to reach USD 41 billion. Today, we are at the mere beginning of this deep transformation of the healthcare sector. Future medical care will be highly personalized and new players will change industry dynamics. - October 08, 2014