Home Health and Wearables
A wearable medical device is a self-contained, noninvasive device that performs a specific medical function over time, such as monitoring or support. The word “wearable” indicates that the gadget is either attached to the human body or is concealed inside clothes.
Wearable technologies are beneficial in assisting patients and clinicians in developing a treatment plan and tracking results—additionally, wearable gadgets aid in providing real-time data and the promotion of self-management for chronic diseases.
The Wearable Technology Market was valued at USD 27.91 billion in 2020 and is expected to rise to USD 74.03 billion by 2026, with a compound yearly growth rate of 17.65% during the forecast period (2021 – 2026). The advancement of MEMS sensors has resulted in the creation of wearable technologies.