Health-Focused Wearable Technology - The Smarter Way to a Better Health Management | Opening New Frontiers for Healthcare!
Column 1
0
* The healthcare sector from a consumer’s perspective is witnessing boundless transformation owing to several reasons.
* A dramatic rise in health and fitness programs, integration of smart devices and sensors in treatment-based processes, and provision of professional healthcare services that involve use of wearable devices are some of the key reasons giving rise to the above-mentioned transformation.
* A high demand of mobile healthcare devices is also responsible for the global wearable medical technology market to pick up notable pace.
* A brisk rise in prominence of big data analytics in digital healthcare is expected to fuel the market in future too.
* Rising prevalence of chronic diseases such as cardiovascular ailments, diabetes, kidney disorders, and blood pressure has caused a surge in demand for highly reliable and accurate diagnosis and treatment measures.
* From an overall perspective, the wearable medical technology market is experiencing large-scale growth owing to prevalence of the above-mentioned diseases.
CMP Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)