Study forecasts wearable device revenues in 2018

10/2/2013 |

A survey conducted by ABI Research predicts revenues in the wearable device market will exceed $6 billion in 2018. The growth will be led by the sports, fitness and wellness segment, followed by the home monitoring segment, which is forecast to achieve a 39% compound annual growth rate. The remote patient monitoring and professional health care markets show slower predicted growth, but the study said pulse oximeters and blood pressure monitors lead in these segments.

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