Growing Focus on Remote Patient Monitoring Drives Demand for Wireless Health & Fitness Devices, According to Soon to be Released Report by Global Industry Analysts, Inc.

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GIA announces the launch of a comprehensive primary research program studying the global market for “Wireless Health & Fitness Devices”. The soon to be released report identifies growing popularity of remote patient monitoring, developments in machine-to-machine (M2M) healthcare applications, and rising demand for fitness activity trackers, as key market driving forces.

Wireless Health & Fitness Devices: A Global Multi-Client Research Initiative

Follow us on LinkedIn – GIA invites senior industry executives, domain experts, technologists and market strategists to participate in a comprehensive global research initiative studying the “Wireless Health & Fitness Devices” markets. The study will examine key drivers and trends impacting the market such as, aging world population and the ensuing need for home monitoring for the elderly; escalating healthcare costs, focus on enhancing quality of healthcare services, and the resulting need to shift patient care outside the traditional primary care settings; technology developments in M2M monitoring and tracking technologies; growing popularity of assisted living, telemedicine, and remote collaboration between patients and physicians; rising awareness over health & well-being, increased adoption of fitness regimes, and strong demand potential for fitness activity trackers such as wearable accessories that track level of physical activity, metabolic rates, muscle mass, calories burnt etc; growing focus on condition management against a backdrop of rising incidence of chronic diseases like obesity, hypertension, diabetes and cardiovascular diseases, and the need for continuous monitoring of biological parameters.

Defined as devices integrated with wireless sensors capable of monitoring a patient’s physiological parameters like heart rate, blood pressure, respiration rates, and blood glucose levels, and transmitting the same to a nurse station, Wireless Health & Fitness Devices are poised to witness strong growth in the coming years. The emerging era of mHealth and wireless healthcare is generating attractive market opportunities for wireless health & fitness devices. Developing countries are expected to witness strong growth given the rise in mobile phone penetration, implementation of government supported public health education programs, and strong development of smartphone healthcare apps that turn already multi-functional smartphones into medical devices. The pressing need to provide access to quality healthcare services to hard-to-reach population in developing countries is also expected to drive demand in the market. The market stands poised to benefit from innovative development of app-enabled wireless accessories for smartphones based on Bluetooth and Wi-Fi technologies.

Wireless medical telemetry devices are especially poised to witness strong demand encouraged by technology developments and improvements in hospital wireless-networks. Growing focus on fitness regimes as key to maintaining healthily lifestyles is expected to drive demand for fitness sensors among recreational exercisers, as increasing emphasis is laid on diet, exercise, sleep, strength and performance. The trend towards chronic disease monitoring, patient alarm monitoring, personal wellness monitoring and personal fitness monitoring coupled with improvements in wireless sensor networks (WSN) will drive future growth in the market. The study estimates Wireless Health & Fitness Devices to be a multi-million dollar market worldwide, while more precise market-size and growth projections will be made available during the 2nd stage of report preparation, and data analysis.

The research and analyses will be released shortly in the form of a comprehensive research report. The report by design, will attempt to provide exhaustive analysis, data, trends, market share, market size, statistics, forecasts and competitive intelligence. The report is modeled to offer precise and unbiased, actionable market insights including in-depth segmentation of market sub-sectors, demand estimates and projections and analysis of trends in each of the sectors, identification of leading players, and the competitive structure, among others.

Developed for Manufacturers, Strategic Planners, Business Development Executives, Management Consultants, Investment Bankers, Consulting Firms, Marketing & Sales Executives, C-Level Decision Makers, Market Strategists and Technology Domain Experts, the report helps identify the biggest opportunities in this space and offers accurate latent demand forecasting that empowers quantitative decision making among existing market players and new entrants.

For more details about how you can participate, please click here

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
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