80M wearable wireless health sensors

Published: 09th August 2011
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Based on the latest report from ABI Research, wearable wireless sensors for fitness and wellbeing will surpass 80 million devices by 2016. This figure will eclipse other wireless sensors markets, including professional and home healthcare monitoring. Rolling around in its report, ABI notes numerous factors will influence the uptick in devices: wireless protocol standardization, new device availability, and also changing social patterns that encourage people to record and share fitness performance data.

"There is real and strong growth risk of wearable wireless devices while in the consumer market today," said ABI Research principal analyst Jonathan Collins in a very blog post. "These devices don't require same a higher level complexity and regulation to deploy that healthcare devices do."

The new wireless standards that are spurring this growth include M2M (cellular-enabled) and short range connectivity (i.e. Bluetooth or ANT+). Forex trading will have about 46 percent compound annual growth rate from 2010 to 2016.

"Enabling online fitness data collection and sharing will drive key new revenue streams," said Collins. "Online applications also bring the promise of a social media effect, with participants sharing their results with friends or new groups formed within the application, thus spurring further adoption."

ABI Research reported back in 2009 that 400 million wireless sensors would achieve market by 2014.

Read the full website article following the jump.

LONDONĀ”§CMuch is made of the enormous prospects for wearable wireless sensors to deliver remote healthcare, and for good reason. But across the next five-years, adoption of wireless healthcare sensors will lag well behind uptake of consumer-driven sports, fitness and wellness devices.

A variety of factors - from wireless protocol standardization and new device availability to changing social patterns connected with participation in activities - will dsicover consumers increasingly turn to wearable wireless sensors to watch (and often share) their performance results. The variety of M2M and short range wireless connectivity might be a part of a selection of consumer wellness and professional healthcare devices that should connect data collection to cloud applications.

"There is real and strong growth prospects for wearable wireless devices inside the consumer market today," says ABI Research principal analyst Jonathan Collins. "These devices don't require same amount of complexity and regulation to deploy that healthcare devices do."

Instead, sports, fitness and wellness monitoring will enable established and new players in the market to tie wearable devices sales to online applications as well as the recurring revenues of value-added subscription services.

"Enabling online fitness data collection and sharing will drive key new revenue streams," adds Collins. "Online applications also bring the promise of a web 2.0 effect, with participants sharing their results with friends or new groups formed in the application, thus spurring further adoption."

The sports, fitness and wellness market will leverage a selection of short-range wireless protocols and M2M connectivity growing for a 46% CAGR from 2010 to 2016, reaching slightly below 80 million device sales in 2016.

Alongside their adoption from the sports, fitness and wellness market, wearable wireless devices will see easy use in a range of home health-related markets such as home monitoring.

ABI Research's new "Wireless Health and Fitness" study (http://www.abiresearch.com/research/1003408) assesses industry chance for wireless enabled devices and communications within the home and consumer market. Analysis and forecasts are split across three broad categories: sports, fitness and wellbeing; home monitoring; and remote patient monitoring.

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