Global Wearable Medical Devices (Home Healthcare) Market 2016: Industry Insights, Segment, Statistics and Research to 2021
Wearable medical devices are handheld monitoring tools used in identification and monitoring of disease. Due to the Increase in chronic diseases, patients are opting home healthcare as a cost effective and efficient way of treatment, rather than hospital services. Medical device market accounted for $240 billion in 2013. However, increase in incidence of chronic diseases restricts the growth of Wearable medical device market. Neurological diseases in people have increased to 7.2% in urban areas, causing hurdles for monitoring through wearable...
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