Yahoo Finance August 28, 2020
Fitness trackers and wearables are steadily turning mainstream in the multi-trillion healthcare industry as they now became the most convenient options to monitor personal health with accuracy, track fitness and perform the post-operative care of patients.
Moreover, with continuous innovation in technologies through AI, ML and the IoT that by and large back these automated devices, precision of health information is being consistently achievedand enhanced everyday. This, in turn, also bolsters the wide and rapid adoption rate of e-gadgets.
Given this upbeat scenario, Amazon AMZN finally made its foray into the promising fitness tracker and wearable market by launching Amazon Halo and Amazon Halo Band, the fitness tracking service and wearable, respectively.
Notably, the latest move by Amazon is expected...