November 15, 2017
Connected wearable patch makers will ship 35.1 million units annually by 2022, with 80 percent of these being used in clinical applications, according to a recent report from market intelligence firm Tractica.
The report also forecasts a total $7.9 billion in revenue for the patch market by the same year, all of which suggests a substantial escalation from the 966,000 units the analysts wrote...
August 17, 2017
The wearables market continues to generate a lot of attention, both positive and negative. Fitness trackers and smartwatches remain the flag bearers of the wearable market, seeing growth but at a slower pace than has been estimated, according to a new report from Tractica.
Meanwhile, other wearable device categories such as body sensors continue to show strong promise, driven largely by...
May 2, 2016
Smart clothing and body sensor shipments will total 190 million between 2015 and 2021, according to a new prediction from Tractica. The report added that annual shipments will hit 92.7 million units at that time.
“Smart clothing and body sensors can be considered the ultimate wearables, integrating into your life as a garment, footwear, or sensor device that can track or measure a specific...
April 19, 2016
Global shipments for health wearable devices will reach 97.6 million units in 2021, up from 2.5 million in 2016, according to a report from Tractica. The report also predicted that health wearable revenues will reach $17.8 billion yearly at that time.
“The market for healthcare wearables is very much in its infancy, though there is a considerable amount of activity across the healthcare value...
March 8, 2016
A new crop of research reports are predicting the ways in which the market for wearable devices, including smartwatches and activity trackers, will change over the next few years.
Tractica predicts that annual wearable device shipments will increase from 85 million units in 2015 to 559.6 million units by 2021, representing a compound annual growth rate (CAGR) of 36.9 percent. ABI Research...
August 17, 2015
As more and more mobile devices embed biometric sensors, mostly for health and fitness tracking, the market for using biometrics for identifying and authenticating people is trending up, according to a recent report from analyst firm Tractica. The group also points to the healthcare industry as one of the most promising sectors for adoption of biometric authentication. Tractica believes that...
June 24, 2015
Medical video consultations and visits will increase from 19.7 million annually in 2014 to 158.4 million per year by 2020, according to a new report from Tractica. The figure includes both doctor to doctor consultations as well as patient to doctor video visits.
The research firm predicts that although clinical consultations currently make up more than 75 percent of the market,...
May 18, 2015
Research firm Tractica predicts that worldwide unit shipments of clinical and non-clinical connected wearable patches will grow to 12.3 million per year by 2020. Last year, annual shipments were just 67,000. The market for such connected patches, Tractica predicts, will hit $3.3 billion per year.
Tractica describes the category as including "patches, tattoos, or small devices that are affixed to...
May 6, 2015
As more and more health sensors are built into mobile devices, the global biometrics market is ramping up. The most recent prediction is that the market will hit $14.9 billion by 2024, up from $2 billion in 2015, according to a report from Tractica.
The biometrics market will see a compound annual growth rate (CAGR) of 25.3 percent and cumulative revenue of $67.8 billion for the ten-year period,...
April 20, 2015
The number of people using home health technologies will increase from 14.3 million worldwide in 2014 to 78.5 million by 2020, according to a report from Tractica.
In Tractica's view, home health technologies include offerings that allow providers to remotely monitor patients with chronic conditions, use technology to improve care for elderly people, and conduct virtual visits...