Archive | Wearable technology

IDC Forecasts Shipments of Wearable Devices to Nearly Double by 2021

On Wednesday, MHW was privy to the findings and projections contained in a new report from IDC regarding the continued expansion of the wearables market.

The overall wearables market is expected to grow from 113.2 million shipments in 2017 to 222.3 million in 2021 with a compound annual growth rate (CAGR) of 18.4%, according to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker.

The most popular wearables to date have been basic wristbands like the Xiaomi Mi Band or Fitbit Charge. However, such wearables are quickly becoming commodities and IDC anticipates low single-digit growth in this category throughout the forecast period.

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Body Sensor Market Sees ‘Lucrative Opportunities’ Across Globe

As per the findings of a new intelligence study by Transparency Market Research (TMR), the prospects of global body sensor market remain positive, with demand projected to increase at an impressive CAGR during 2017 to 2022.

Body sensors are wearables that can constantly track or measure physiological attributes in humans and relay the information on smartphones and other electronic devices.

With the ubiquity of smartphones, the growth in the global body sensor market is augmenting quickly, especially in the developed regions as well as among the urban populations in emerging economies.

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Worldwide Wearables Market Grows 7.3% in Q3 2017

The worldwide wearables market took another step forward in the third quarter of 2017 (3Q17) with total shipment volume reaching 26.3 million units, up 7.3% year over year, according to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker.

But while the overall market showed continued growth, it also showed a growing trend towards smart wearables (devices capable of running third party applications) and away from basic wearables (devices that do not run third party applications).

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Wearables Won’t Be Slowed Through 2021, Says IDC

Wearables continue to gain momentum despite global market saturation. That’s according to a recent report from IDC regarding the future of wearables.

International Data Corporation (IDC) expects the popularity of wrist-worn devices – including watches and wrist bands – will continue to drive the wearables market forward. Meanwhile, lesser-known wearable products, such as clothing and earwear, will experience market-beating growth in the years to come.

According to a new IDC Worldwide Quarterly Wearable Device Tracker forecast, vendors will ship a total of 121.7 million wearable devices this year, marking a 16.6% increase from the 104.4 million units shipped in 2016. The wearables market is forecast to maintain this pace of growth with shipments reaching 229.5 million units in 2021, resulting in a five-year compound annual growth rate (CAGR) of 17.2%.

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CorSense Aims to Optimize Health and Fitness Without Wearables

Things have kicked into high gear for CorSense thanks to a new Kickstarter campaign.

We’re told that CorSense raised $100,000 globally in 48 hours on Kickstarter.

The device is the brainchild of Elite HRV, creators of the largest heart rate variability (HRV) app and platform.

If you’re not familiar, CorSense is an HRV sensor that slips onto your fingertip and helps optimize nutrition, training, recovery, sleep and stress without any need for continuous wearables.

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IDC: Double-Digit Gains Ahead for Wearables

No signs of slowing. That’s according to a new report from IDC regarding the future of wearables.

International Data Corporation (IDC) expects the popularity of wrist-worn devices – including watches and wrist bands – will continue to drive the wearables market forward. Meanwhile, lesser-known wearable products, such as clothing and earwear, will experience market-beating growth in the years to come.

According to a new IDC Worldwide Quarterly Wearable Device Tracker forecast, vendors will ship a total of 121.7 million wearable devices this year, marking a 16.6% increase from the 104.4 million units shipped in 2016. The wearables market is forecast to maintain this pace of growth with shipments reaching 229.5 million units in 2021, resulting in a five-year compound annual growth rate (CAGR) of 17.2%.

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Cedars-Sinai Offering Patients a Digital, Interactive App on Apple Watch

The Cedars-Sinai app is now available on Apple Watch, MHW has learned. Its launch makes Cedars-Sinai one of only a few hospital systems to offer a digital, interactive app on the device.

“Whether patients are at one of our hospitals, medical offices or at home, our goal is to leverage technology to put their health records in their hands by meeting them where they are,” said Darren Dworkin, Cedars-Sinai Chief Information Officer.

The Cedars-Sinai app is a complete resource for managing medical records, connecting with care teams, and exploring all Cedars-Sinai has to offer. Patients and guests can locate the nearest hospital or urgent care facility, as well as get directions and call a location or provider. The app also provides a Find a Doctor tool that allows users to search for doctors by condition, procedure or the doctor’s name.

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