Consumer Health & Wellness wireless sensors to be worth $16 Billion in 2017
According to a new report by research firm ON World, 18.2 million health and wellness wireless sensor networks (WSNs) will be shipped worldwide in 2017, generating $16.3B in annual revenue. Between 2012 and 2017, the firm reported, health and wellness WSNs that are wearable, implantable, or otherwise mobile-enabled will increase by 75 percent per year (CAGR) and will make up 57 percent of all health and wellness WSNs in 2017.
Interestingly, ON World’s numbers exclude sports and fitness trackers from the category of health and wellness wireless sensors. Other recent reports, like Juniper’s report on the wearable market last year, have had their numbers significantly bolstered by including sports and fitness trackers. Mareca Hatler, research director at ON World, said the company will cover sports and fitness trackers in a pending report.
“We just saw there were really specific business models, and in terms of the volumes of shipments it would be best served if we covered it separately,” she told MobiHealthNews. ON World evaluated more than 100 health and wellness sensor products in compiling the report, not all of them wearable or consumer devices...
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