Shri Business (New York) October 20, 2019: “Enabling Technologies for the Internet of Health Things” The healthcare sector from a consumer’s perspective is witnessing boundless transformation owing to several reasons. A dramatic rise in health and fitness programs, integration of smart devices and sensors in treatment-based processes, and provision of professional healthcare services that involve use of wearable devices.
Rising prevalence of chronic diseases such as cardiovascular ailments, diabetes, kidney disorders, and blood pressure has caused a surge in demand for highly reliable and accurate diagnosis and treatment measures.
This industry showcases the presence of a highly competitive vendor landscape, owing to most players continuously trying to outgun their rivals. Many businesses are focusing on introducing new devices on a frequent basis, as well as improving technological efficiency. Reducing device costs to benefit ease of accessing relevant healthcare services and treatments is another area where many businesses in the worldwide wearable medical technology industry are striving to succeed.
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