ABI Research forecasts what it calls “tremendous growth” in the future of the smart footwear market.
Driven by mHealth applications, we’re told that unit shipments will rise to more than 6 million in 2021 from just 300,000 in 2016, an 82% CAGR.
By supporting sensors within shoes or smart socks, home monitoring and remote patient management applications can track a host of valuable parameters with minimal disruption to those being monitored.
“The growing elderly population is driving change in the way healthcare can and will be provided, and remote monitoring is one aspect of the mHealth industry that can cut costs and improve care,” says Stephanie Lawrence, Research Analyst at ABI Research. “New home and remote patient monitoring smart footwear devices grant healthcare providers 24/7 access to in-depth, real-time health updates concerning their patients’ posture and gait. Such detailed reporting used to be constricted to a hospital bed; now healthcare providers can paint a fuller picture of their patient’s health outside of the hospital, ultimately allowing them to better monitor ongoing issues and make more accurate diagnoses.”
To read the full announcement from ABI Research, click here.