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Ilika plc

The Role of Connected Wearable Devices in Healthcare

With the technological advancements happening day by day, healthcare is gaining more access to patients’ information for an in-depth understanding of their behaviours and improving care. The wearable technology is disrupting the healthcare industry with a rapid increase in the usage of wearables, starting from Fitbit to the medical devices approved by the Food and Drug Administration (USFDA or FDA). According to a report from Markets and Markets, the wearable technology market is expected to reach $51.6 billion in the next three years.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.