Fitness and Wellbeing Devices Will Lead Healthcare-Related ...

LONDON?(BUSINESS WIRE)?Much is made of the enormous potential for wearable wireless sensors to
deliver remote healthcare, and for good reason. But over the next five
years, adoption of wireless healthcare sensors will lag well behind
uptake of consumer-driven sports, fitness and wellness devices.

?Online applications also bring the
promise of a social networking effect, with participants sharing their
results with friends or new groups formed within the application, thus
spurring further adoption.?

A range of factors ? from wireless protocol standardization and new
device availability to changing social patterns related to participation
in activities ? will see consumers increasingly turn to wearable
wireless sensors to monitor (and often share) their performance results.
A combination of M2M and short range wireless connectivity will be
embedded in a range of consumer wellness and professional healthcare
devices that will connect data collection to cloud applications.

?There is real and strong growth potential for wearable wireless devices
in the consumer market today,? says ABI Research principal analyst
Jonathan Collins. ?These devices don?t require the same level 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 and 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 social networking effect, with participants sharing their
results with friends or new groups formed within the application, thus
spurring further adoption.?

The sports, fitness and wellness market will leverage a range of
short-range wireless protocols and M2M connectivity to grow at a 46%
CAGR from 2010 to 2016, reaching just under 80 million device sales in
2016.

Alongside their adoption in the sports, fitness and wellness market,
wearable wireless devices will also see 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 the market opportunity 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.

The report is included in two ABI Research Services: Wireless
Healthcare (http://www.abiresearch.com/products/service/Wireless_Healthcare_Research_Service)
and Smart
Cities (http://www.abiresearch.com/product/service/Smart_Cities_Research_Service),
which also include other Research Reports, Market Data, Surveys, ABI
Insights, and analyst inquiry support.

ABI Research provides in-depth analysis and quantitative forecasting of
trends in global connectivity and other emerging technologies. From
offices in North America, Europe and Asia, ABI Research?s worldwide team
of experts advises thousands of decision makers through 40+ research and
advisory services. Est. 1990. For more information visit www.abiresearch.com,
or call +1.516.624.2500.

Article source: http://www.businesswire.com/news/home/20110613006298/en/Fitness-Wellbeing-Devices-Lead-Healthcare-Related-Wearable-Wireless

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