Wearable connected device revenues will grow to more than $6 billion in 2018, according to new findings from ABI Research. The survey tracked four areas: sports, fitness and wellness; home monitoring devices; remote patient monitoring; and professional (on-site) healthcare.
Of the four markets, sports, fitness and wellness was the largest, always producing at least half the revenue over the...
Wearable activity tracker Fitbit
Over the next five years, 13 million wearable devices embedded with wireless connectivity will be integrated into wellness plans offered by businesses, according to ABI research's new report. In 2013, principal analyst Jonathan Collins said less than 200,000 wearable devices have been integrated into wellness plans.
The report factors in the social and economic...
Although disposable body-worn wireless medical sensors have barely begun to see usage in healthcare, research firm ABI is predicting they will rise to prominence very quickly. By 2018, ABI analysts say, disposable Medical Body Area Network (MBAN) sensor shipments will hit 5 million. Previously, ABI reported that 160 million wireless wearable health devices, of which disposable sensors are a sub-...
The past year has seen the arrival of a number of new fitness gadgets including Jawbone's Up, Wellcore's NewYu, Fitbit's Ultra, and Basis' Band. It's about time that one of the fitness gadget industry's incumbents answered back. This week Garmin did. It made its first move into the world of mobile fitness apps.
Garmin unveiled its first mobile fitness app, Garmin Fit, for iPhone and Android this...
The market for wearable devices will exceed 100 million units annually by 2016, reports ABI Research in a new study. A study released by ABI last June estimated that 80 million of those units would be fitness sensors.
The announcement comes on the heels of yesterday's news of an expected $1.34B wireless health industry also by 2016. According to ABI, adoption over the next five years will be...
The market for Wi-Fi healthcare services will grow to $1.34 billion by 2016, according to a new report by ABI Research. The report, “Wireless Technologies in Professional Healthcare,” examines the expanding size of the global market for Wi-Fi hardware and services.
According to ABI Research, Voice over Wi-Fi and RTLS (real-time location systems) will be joined by “medical body area networks” (...
Wireless devices that monitor patients' conditions and report the data to healthcare providers will show a 77 percent compound annual growth rate (CAGR) that will create global revenues of $950 million by 2014, according to a recent report from ABI Research.
"Hospitals and other healthcare providers are being economically squeezed," ABI Research vice president Stan Schatt said in a statement. "...
According to a recent ABI report, the U.S. stimulus bill, or American Recovery and Reinvestment Act (ARRA) contains "potential goldmines" worth up to $6.8 billion for wireless equipment vendors, infrastructure providers and wireless service providers. According to ABI, healthcare is one of the key verticals that will benefit from ARRA's spending on wireless.
"The ARRA represents a windfall for...