EMDT_European Medical Device Technology

European Medical Device Technology, Summer 2015

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16 | Summer 2015 European Medical Device Technology emdt.co.uk design 5 Wearables That Could Transform Healthcare EMDT examines five exciting wearable technologies in development and assesses their potential impact on healthcare. W earable medical devices are expected to have a major effect on the industry, with a potential target market limited only by members of the world population who need healthcare. In the immediate future, commercially available medical wearables that are comfortably worn on the wrist, arm, or elsewhere on the body represent one of the hottest markets in the medical device sector. In fact, analyst firm Mordor Intelligence predicts that wearable medical device revenues will mushroom from $2.8 billion in 2014 to $8.3 billion in 2019. "Wearables are one of the most promising technologies in development in the healthcare sector that will eventually be commercialized on a large scale," according to Deepak Prakash, global director of marketing, digital health, from Vancive Medi- cal Technologies, a wearables solutions provider. But wearables remain a nascent technology. Before wearables realize their full potential in the marketplace, device makers must launch more Bruce Gain

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