February 25, 2015
Wearable health devices represent an exciting opportunity for medtech. Pegged at $2 billion in 2013, the market for wearable healthcare products is expected to grow 65% each year, exceeding $40 billion in 2020, according to market research firm Soreon Research. And while one in 10 Americans owned an activity tracker last year, according to Endeavor Partners, a number of wearable health devices offer more sophisticated capabilities than simply counting steps.
Here are some wearable health devices we're keeping our eyes on.
[image courtesy of NEUROMETRIX]
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