Increasing Popularity of Wearable Fitness and Medical Devices, Growing Popularity of the, Internet of Things

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MarketsandMarkets Presents

Increasing Popularity of Wearable Fitness and
Medical Devices, Growing Popularity of the,
Internet of Things Wearable Fitness Technology
Market by Product (Smartwatch, Wristband
(Bracelet), Shoe, Shirt, Headband), Category
(Handwear, Torsowear, Legwear, Headwear),
Component (Display, Processor, Memory, Power,
Networking, Interface, Sensor) - Global Forecast
to 2022 https//www.marketsandmarkets.com/Market-
Reports/wearable-fitness-technology-market-1398697
05.html
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The wearable fitness technology market was worth
USD 5.77 billion in 2016 and USD 12.44 billion by
2022, growing at a CAGR of 13.7 from 2016 to
2022. The market is likely to witness rapid
growth in the coming years driven by consumer
preference for sophisticated gadgets, increasing
popularity of wearable fitness and medical
devices, growing popularity of the Internet of
things, increasing awareness about fitness and
rise in disposable incomes in developing
economies. Browse 69 tables and 59 figures
spread through 163 Pages and in-depth TOC on
"Wearable Fitness Technology Market - Global
Forecast to 2022"
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Major trends in the wearable fitness technology
market include smartphone applications (apps) and
advanced data analysis, advanced sensors,
integration and implantation of technology with
and in the human body, and specific-purpose
wearables. Companies are developing advanced apps
with advanced data analysis features. Companies
may charge monthly subscription fees for premium
data analysis and reports. Also, they are focused
on developing advanced sensors that track not
only accurate metrics but also qualitative
attributes such as stress level and athletic
performance. In the future, wearable fitness
technology would make a way to the development of
implanted technology which will have complete
integration and implantation with and in a human
body. Ask PDF Brochure https//www.marketsandmar
kets.com/pdfdownloadNew.asp?id139869705 Fitness
technology has evolved significantly with the
advent of wearable technology products such as
smartwatches and wristbands. Wearable fitness
technology has gone beyond just smartwatches and
wristbands with new products such as smart shoes,
smart apparels, headbands and more. This growth
is largely driven by the popularity of wristwears
such as wristbands and smartwatches.
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Smartwatch Smartwatches and other wrist wearable
computing devices have been around for quite some
time. Often, the market has anticipated the
launch of smart watches and wrist wearable
devices which are sophisticated and sleek, but
they have mostly gone in vain. Of all the gadgets
that have ever failed to take off, smart watches
are among the most unsuccessful ones. Microsoft
Corporations (U.S.) SPOT watches and Fossil
Inc.s (U.S.) Palm OS-based Wrist Personal
Digital Assistant (PDA) are some of the examples
which failed to capture a large market size.
However, in the last few years, their market has
improved and companies such as Apple Inc. (U.S.)
and Samsung Electronics Co., Ltd. (South Korea)
have come up with successful introductions of
such devices. Wearable computing devices run on a
modified version of the Android operating system
with a 667-MHz CPU and up to 32GB of storage. It
also has other specifications such as GPS,
Bluetooth, Wi-Fi, accelerometer, activity
tracker, and magnetometer. The device comes
preloaded with several apps, and additional apps
can also be downloaded from the micro app store
or loaded over USB. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id139869705
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Wristband (Smart Bracelet) Smart wrist bands or
bracelets not only enhance the aesthetic sense
but are also used as fitness devices, monitoring
the wearers heart rate and other metrics. A
number of smart wristbands have hit the market in
recent years such as Nike FuelBand, Jawbones UP,
Fitbits Flex among others. Wristbands measure
time, heart rate, calories, and steps with the
help of an accelerometer to measure movement.
Some of the wristbands use galvanic skin response
(GSR) sensors to measure the body temperature and
the amount of heat that has dissipated from the
body to determine the amount of energy used. In
August 2014, the U.S. Patent and Trademark Office
(USPTO) granted 58 new patents to Apple, Inc.
(U.S.) for a wireless communication technology
that could be used with medical wristbands. This
patent is for the invention that has the ability
to collect and use microwave energy gathered
through an antenna, while also wirelessly
communicating with other devices such as
smartphones and tablets. Smart
shirts/jackets Fabrics and clothes are being
transformed into wearable technology products
because of the advancements in the field of
textiles and electronics. Smart textiles with
embedded electronics have already hit the market
for display-embedded shirts and gowns. E-textile,
with electronics in textile itself, is being
commercialized. Many events showcasing fashion
and electronics such as the 6th International
Conference on the Future Technical Textile, 2014
hosted at Istanbul, Turkey, and the Smart
Textiles, and Fashion Track, 2015 held at London,
U.K. have shown promising developments. Such
events help promote the emerging trend of
techno-fashion clothing that gets an electrifying
makeover the clothing that brings electronics
closer to skin.
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