The wearables industry is going to get (no pun intended) a shot in the arm from the healthcare business. Research firm Tractica predicts that by 2021, healthcare wearables will bring in $17.8 billion in annual revenue. Worldwide shipments of healthcare wearables will soar from 2.5 million units this year to 97.6 million in 2021.
Fitness trackers that can monitor your exercises, vital signs (like heart rate) and your sleeping patterns are just the beginning. Wearables for chronic conditions, pain management and remote patient monitoring are expected to soon be employed throughout the world. … – Source