Artificial Intelligence
Connected Wearable Device Market in Healthcare, Wellness & Fitness (2020-2025): Key Challenges, Market Players, Applications, Solutions, and the Future of Wearables
Dublin, Jan. 23, 2020 (GLOBE NEWSWIRE) — The “Connected Wearable Device Market in Healthcare, Wellness, and Fitness by Device Type, Use Case, and Application 2020 – 2025” report has been added to ResearchAndMarkets.com’s offering.
This report evaluates the current state of the wearable technology ecosystem including devices and applications within the medical, wellness, and fitness markets. The report addresses key challenges, market players, solutions, and the future of wearables in healthcare.
The report also provides an outlook for the future of wearable devices in medical, wellness, and fitness with forecasts for the period 2020-2025. This includes application analysis and forecasts by physiological activity and the role of wearables in elder care and assisted living.
Key Highlights
- The Global market for health and fitness trackers will reach $5B by 2025
- Privacy and security concerns continue to damper the market significantly at present
- Wearables are rapidly moving into the preventative care, diagnostics, and urgent care segment
- There is a need for efficient device tracking in terms of both care of custody for delivery as well as usage
- The medical device market is increasingly crossing over into the general health, fitness, and well-being category
There is a great demand in the healthcare industry for remote monitoring and diagnostics. Driving factors include healthcare cost inflation coupled with a rapidly aging global population within the developed countries. For example, 20 percent of United States residents are projected to be age 65 or older by 2030.
Wearable devices for medical, wellness and fitness purposes are many and varied, consisting of various form factors depending on the purpose and placement of the human body. Wearable devices can be worn and/or integrated into apparel to become less intrusive. Sensors (biomechanical, motion, etc.) may be placed at specific parts of the body to communicate with an overall Body Area Network system.
Improving supply factors include improvements in electronics miniaturization and innovation leading to reduced device cost. R&D in wearable healthcare devices is leading to enhanced functionality, form factor improvements, and frictionless integration with the Internet of Things (IoT) systems and solutions.
Machine-to-Machine (M2M) communication enables wearable healthcare devices to communicate autonomously with monitoring systems for both real-time decision making and data gathering for future analysis. Secure M2M enabled data transport and IoT system connectivity facilitates the integration of healthcare info with data analytics solutions.
One of the core reasons for wearables in healthcare is to transmit information for medical support from a licensed professional. However, there is also a market for quantified self in healthcare, which refers to the incorporation of technology into data acquisition on aspects of a person’s daily life. This enables a Do it Yourself (DIY) tool for consumers to self-monitor and self-report important wellness items such as blood pressure. The alternative is to allow medical data to transmit to a trusted entity.
Advanced healthcare data management solutions, supported by artificial intelligence, are capable of processing massive amounts of healthcare information, including unstructured data acquired from many different sources and contexts. One of the challenges for the healthcare industry is tying these systems into healthcare devices in a manner in which data is leveraged while simultaneously preserving device security and end-user privacy.
Report Benefits
- Forecasting for wearables in the healthcare market globally and regionally for 2020-2025
- Identify key success factors for consumer adoption and usage of wearables in healthcare
- Understand the factors driving adoption and usage for wearables in healthcare, fitness, and well-being market
- Identify leading companies, strategies, products, applications, and solutions for wearable technology in healthcare
- Obtain a vision for the future of wearables in healthcare including the evolution of wearable technology form factors and usage behaviours
Key Topics Covered
1 Executive Summary
2 Introduction
2.1 Wearable Technology Overview
2.2 Wearable Technology Supply and Demand Dynamics
2.3 Wearable Technology Market Opportunities
2.4 Wearable Technology Market Challenges
2.4.1 Security and Privacy Concerns
2.4.2 Function vs. Form Factors Challenges
2.4.3 Power Management Constrains Usage
2.4.4 High R&D = High Price for Initial Products
2.4.5 Usage Restrictions Impede Access
3 Wearable Technology Ecosystem
3.1 Wearable Technology Device and Application
3.1.1 Personal Health and Fitness Management
3.1.1.1 Activity Trackers
3.1.1.2 GPS Monitoring
3.1.1.3 Other Wearable Devices
3.1.3 Prevention, Diagnosis, and Management of Disease
3.1.4 Healthcare and Medical Devices
3.1.4.1 Respiratory Monitoring
3.1.4.1 Circulatory Monitoring
3.1.4.2 Google Glass in Healthcare
3.1.5 Sports Performance Enhancement
3.1.5.1 Sport Brands
3.1.5.2 Textiles and Footwear
3.1.5.3 Devices for Particular Sports
3.1.5.4 Wearable Chemical Sensors
3.1.5.5 Concussion Detection
3.1.5.6 Objective Refereeing
3.2 Sensors in Wearable Systems
3.2.1 Flexible Sensors and Nano-sensors
3.2.2 Movement Sensors
3.2.3 Respiration Sensors
3.2.4 Piezoelectric Usage in Sensors
3.2.5 Skin Sensors
3.2.6 Thermal Sensors
3.2.7 Heart Rate Monitors
3.3 Wearables and Cloud Environment
3.4 Wearable Technology Adoption Factors
3.4.1 Enterprise Adoption Challenges
3.4.2 Industry Specific Factors
3.5 Wearable Device and Data Access Factors
3.6 Wearable Technology Future
3.6.1 Continued Growth in Fitness and Health
3.6.2 Importance of Aesthetics
3.6.3 Beyond Glasses, Fitness Bands, and Watches
3.6.4 Emergence of Ambient Internet of Things (IoT)
3.6.5 Wearables, Data, and Analytics
3.6.6 Continued Downward Price Pressure
3.6.7 Expanding to Enterprise and Workplace
3.7 Wearable Technology Key Success Factors
3.8 Evolution of the Wearable Tech Ecosystem
4 Wearable Devices in Medical, Wellness, and Fitness Market Forecasts 2020-2025
4.1 Global Wearable Device Forecasts 2020-2025
4.1.1 Global Aggregate Wearable Technology Market
4.1.2 Global Wearable Technology Market by Device Type
4.1.3 Global Wearable Technology Market in Healthcare 2020-2025
4.1.4 Regional Wearable Technology Market in Healthcare 2020-2025
4.1.4.1 North America Wearable Technology Market in Healthcare 2020-2025
4.1.4.2 South America Wearable Technology Market in Healthcare 2020-2025
4.1.4.3 Europe Wearable Technology Market in Healthcare 2020-2025
4.1.4.4 Asia Pacific Wearable Technology Market in Healthcare 2020-2025
4.1.4.5 Middle East and Africa Wearable Technology Market in Healthcare 2020-2025
5 Company Analysis
5.1 Xiaomi Technology Co. Ltd.
5.2 Guangdong BBK Electronics Industry Co. Ltd.
5.3 Alphabet Inc.
5.4 Lifesense Group B.V.
5.5 Johnson & Johnson
5.6 Smiths Group plc
5.7 Roche Holding AG
5.11 Medtronic PLC
5.15 Amiigo
5.34 StarVR Corp.
5.40 Leapfrog Enterprises Inc.
5.41 LG Electronics
5.42 LifeBEAM Inc.
5.43 Meta Company
5.44 Mio Global
5.45 Misfit
5.46 Monster Inc.
5.47 Motorola
5.48 Nike Inc.
5.49 NTT Docomo Inc.
5.50 Oculus VR LLC
5.51 o-synce
5.52 Actofit Wearables
5.53 Pebble
5.54 Polar Electro
5.55 Qardio Inc.
5.56 Recon Instruments
5.57 Reebok International Limited
5.58 Samsung Electronics Co. Ltd.
5.59 ShotTracker
5.60 Sony Corporation
5.61 Soundbrenner Limited
5.62 Sqord Inc.
5.63 Suunto
5.64 Thalmic Labs Inc.
5.65 Timex.com Inc.
5.66 Tlink
5.67 Tobii AB
5.68 Vuzix
5.69 Weartrons Labs
5.70 Xensr
5.71 Zepp US Inc.
5.72 ZTE Corporation
6 Conclusions and Recommendations
6.1 Future of Wearable Devices in Healthcare
6.1.1 Area of Concern: Privacy and Security
6.1.2 Area of Opportunity: Healthcare Data Analysis
6.2 Future Devices
6.2.1 Increased System and Device Integration
6.2.2 Implantable Medical Devices
7 Appendix: Overall Connected Device Market and Forecasts
7.1 Global Connected Medical Device Market Outlook
7.2 Connected Medical Device Market by Manufacturing Method 2020-2025
7.3 Connected Medical Device Market by Location/Usage 2020-2025
7.4 Connected Medical Device Market by Connectivity Method
7.5 Connected Medical Device Markets by Region 2020-2025
For more information about this report visit https://www.researchandmarkets.com/r/oyxyad
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Artificial Intelligence
Clinical Trials Matching Software Market Projected to Reach $832.56 million by 2030 – Exclusive Report by 360iResearch
PUNE, India, April 18, 2024 /PRNewswire/ — The report titled “Clinical Trials Matching Software Market by Functionality (Analytics & Reporting, Compliance Tracking, Data Management), Deployment (Cloud & Web Based, On-Premise), End-Use – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $342.20 million in 2023 to reach $832.56 million by 2030, at a CAGR of 13.54% over the forecast period.
“The Global Surge in Adoption of Matching Software for Enhanced Participant Enrollment”
Clinical trials matching software stands at the forefront of revolutionizing clinical research by automating the process of identifying and enrolling eligible participants. These platforms offer a streamlined approach to match patient health profiles with trial requirements, accelerating enrollment and supporting the shift toward personalized healthcare using these advanced AI and ML technologies. Although integrating these systems poses challenges due to variations in healthcare IT infrastructure and the imperative for rigorous data security, the potential for market growth is substantial. In the Americas, a robust clinical trials ecosystem thrives; in the European Union, it has unified regulatory standards and extended to emerging regions such as the Middle East, Africa, and the APAC countries; the demand for such innovative solutions is on a steep rise. This demand is fueled by governmental support, the evolving regulatory landscape, and strategic partnerships to embed these solutions within electronic health records, underscoring a global movement toward optimizing clinical trial processes to better cater to specific patient demographics.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/clinical-trials-matching-software
“The Rise of Virtual Trials and Advanced Matching Software”
The healthcare landscape is witnessing a transformative shift toward virtual clinical trials, fueled by technological advancements and the necessity for continuity during the COVID-19 pandemic. This transition supports research amid social distancing measures and introduces significant cost savings by reducing the need for physical infrastructure and in-person interactions. The efficiencies brought by electronic health records (EHR), wearable technologies, and automation streamline the entire process, from patient recruitment to data analysis. Several approaches, endorsed by regulatory bodies such as the FDA, represent a leap forward in making clinical trials more accessible and streamlined, ensuring that more patients can participate in potentially life-saving research without the geographical and logistic constraints of traditional trials.
“Enhancing Clinical Trials through Advanced Analytics, Rigorous Compliance, and Precision-Patient Matching”
Integrating advanced analytics, meticulous compliance monitoring, and precision-patient matching marks a significant advancement toward maximizing efficiency and fostering trial diversity. The software delivers insightful data on trial progress, participant demographics, and enrollment figures, empowering stakeholders to make well-informed decisions and optimize resource distribution to meet trial goals effectively by implementing cutting-edge analytics. The built-in compliance feature ensures trials are conducted in strict adherence to regulatory standards, minimizing risks associated with non-compliance. Furthermore, a robust data management system guarantees the integrity and availability of clinical trial data, which is critical for the seamless operation and real-time analysis of trials. The software includes state-of-the-art patient matching technology, which employs sophisticated algorithms and artificial intelligence to expedite recruitment by accurately identifying candidates who match specific trial requirements. This innovative approach accelerates the recruitment timeline and enhances the diversification of trial participants, paving the way for more inclusive and representative clinical research outcomes.
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“Medidata by Dassault Systèmes SE at the Forefront of Clinical Trials Matching Software Market with a Strong 11.30% Market Share”
The key players in the Clinical Trials Matching Software Market include International Business Machines Corporation, Science 37, Inc. by eMed, LLC, Medidata by Dassault Systèmes SE, AutoCruitment LLC, Deep 6 AI Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Clinical Trials Matching Software Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Clinical Trials Matching Software Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Clinical Trials Matching Software Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/clinical-trials-matching-software
“Dive into the Clinical Trials Matching Software Market Landscape: Explore 190 Pages of Insights, 286 Tables, and 22 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsClinical Trials Matching Software Market, by FunctionalityClinical Trials Matching Software Market, by DeploymentClinical Trials Matching Software Market, by End-UseAmericas Clinical Trials Matching Software MarketAsia-Pacific Clinical Trials Matching Software MarketEurope, Middle East & Africa Clinical Trials Matching Software MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/clinical-trials-matching-software
Related Reports:
Clinical Trial Support Services Market – Global Forecast 2024-2030Virtual Clinical Trials Market – Global Forecast 2024-2030Clinical Trials Management System Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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Artificial Intelligence
RepTrak Announces 2024 Global RepTrak® 100 Report
BOSTON, April 18, 2024 /PRNewswire/ — The RepTrak™ Company, the world’s leading reputation data and insights company, released its annual Global RepTrak 100 report. Utilizing its advanced reputation monitoring software, RepTrak gathered data from more than 243,000 survey responses across 14 major economies to rank the world’s 100 most reputable companies. They share that ranking alongside a full analysis of global corporate reputation trends and corresponding public sentiment in the 2024 report.
After two years of consecutive Reputation Score declines, this year’s Score is back up with an increase from 73.2 in 2023 to 73.8 in 2024. It’s a small increase after 2023’s full one-point drop. However, it’s an encouraging sign that companies have begun to recover from reputation falls driven by many challenges: macroeconomic issues, workplace difficulties, product problems, and corporate responsibility skepticism.
“This year’s report underscores a pivotal shift in the corporate landscape, spotlighting the remarkable adaptability and dedication of the Top 100 companies in responding to the dynamic needs of stakeholders,” states RepTrak CEO Mark Sonders. “The companies featured in our report are not just riding the wave of change; they are the ones steering it, proving that the best approach to business is one that embraces evolution and champions progress.”
RepTrak’s report explores how people thought, felt, and acted toward companies over the past year. Findings include notable increases in Conduct and Citizenship efforts, stakeholders’ rising willingness to invest, culturally resonant brand communications, and ESG Scores that soared despite skepticism around the acronym.
To read the full 2024 Global RepTrak 100 report, please visit: www.reptrak.com/globalreptrak
About RepTrak
The RepTrak™ Company is the world’s leading reputation data and insights company. We help companies by organizing and grading a variety of reputational elements, offering a real-world report card on their corporate reputation. Subscribers to the RepTrak program use our predictive insights to protect business value, improve return on investment, and increase their positive impact on society. RepTrak’s pairing of advanced metrics and dedicated reputation advisors offers clients an actionable analysis of their reputation data, aligning business objectives with stakeholder sentiment across different markets and sectors.
Established in 2004, The RepTrak Company owns the world’s largest reputation benchmarking database, gathering over 1 million company ratings per year used by CEOs, boards, and executives in more than 60 countries worldwide. For more information, please visit: www.reptrak.com
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Artificial Intelligence
Group-IB takes part in a global operation to cripple Canadian Phishing-as-a-Service provider LabHost
SINGAPORE, April 18, 2024 /PRNewswire/ — Group-IB, a leading cybersecurity company aimed at investigating, preventing, and fight digital crime announced today that it participated in a coordinated global takedown operation against prominent Canadian Phishing-as-a-Service (PhaaS) provider LabHost, which has led to the arrest of 37 suspects across the United Kingdom and around the world by law enforcement agencies. As part of the operation, Group-IB also conducted an extensive analysis of LabHost’s criminal history and infrastructure, including insights into LabHost’s administrative platform and the services it provides to its purported user base which exceeds 2,000 subscribers worldwide, who illegally obtained around 480,000 card numbers, 64,000 pin numbers, and over 1 million passwords from victims used for websites and other online services, according to law enforcement agencies.
“By leveraging our Threat Intelligence and Digital Risk Protection, we are able to identify and monitor phishing attacks and websites like those deployed by LabHost and its subscribers around the world, enabling us to actively alert and protect our customers, and in turn, their customers as well,” said Dmitry Volkov, Chief Executive Officer of Group-IB. “Today’s takedown operation demonstrates the agility and responsiveness of our decentralized Digital Crime Resistance Centers, and how quickly we can provide immediate and local assistance wherever our customers may be.”
First uncovered in late 2021, LabHost emerged as a fully automated Phishing-as-a-Service (PhaaS) platform, streamlining the creation of phishing websites meticulously mirroring the interface and functionality of prominent banking, postal, and financial entities, aimed at intercepting, seizing, and profiting from users’ personal, credit card, and online banking credentials. Users are prompted to select from various “membership plans,” tailored to target businesses and individuals in either the United States and Canada, or globally, akin to mobile subscription models. These plans encompass “standard,” “premium,” and “world membership” tiers, priced between US$179 and US$300 monthly, with options for monthly, quarterly, or annual billing cycles.
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