Leading market intelligence predicts trend for wearable medical devices will surpass 100 million
International sales of wearable medical devices is set to break the 100 million figure this year, thanks to increased awareness, a rise in diseases requiring 24-hour monitoring, and a drop in prices. Revenues in this sector are set to reach almost $24m, a year-on-year rise of 4.8% compared to 2015. Wearable monitoring and diagnostic tech will see the biggest demand, according to reports, while sleep apnea devices will be the biggest-selling therapeutic tech, with orders set to reach more than 34 million. The home healthcare sector will also see a rise in demand for wearable devices and revenues are expected to exceed $15m in 2016. North America continues to be the largest market.

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