The earliest wearable medical device in world is a smart watch that can be used to detect hear rate (pulse), blood pressure, respiratory rate, weight and other vital indexes. What’s more, it is also capable of counting steps and running distance. Upon release, it has become a hot sale, inspiring other manufacturers to develop wearable medical devices.
Notably, the fast-changing intelligent technology will make a reality to customize wearable medical devices. It has been accomplished at abroad. The latest foreign reports state that the newly-developed smart watches can serve to detect sweating condition, blood pressure, pulse, emotional fluctuation, etc., as well as such environment factors as air temperature, humidity, etc. Programmed to suit the patient in advance, those wearable medical devices will alert the physician for treatment via the software on the smart phones once they detect some vital indexes are abnormal.
According to the World Wearable Medical Device Market Trends released by Datamonitor not so long ago, the sales amount of global wearable medical devices reaches 2 billion dollars in 2016, 2.394 billion dollars in 2017, and 3 billion dollars in 2018. Moreover, it also points out the top 5 wearable medical devices manufactures in the world in 2017. ForBit (USA) ranks 1st by a market share of 37%, Xiaomi ranks 2nd by 23%, GAMIN (Taiwan, China) ranks 3rd by 5.6%, Samsung (South Korea) ranks 4th by 5.4%, and Jawbone (USA) ranks 5th by 5%.
To sum up, wearable medical devices are still in the ascendant. Foreign media estimate that the total sales amount of global wearable medical devices will rise to 6 billion dollars in 2023, showing the vigor and outlook in this market.