Healthcare DIVE July 16, 2021
Dive Brief:
- Demand for connected health monitoring has skyrocketed during the COVID-19 pandemic and is only expected to accelerate in 2021, according to a new report from the Consumer Technology Association.
- Overall, retail sales of consumer tech are expected to reach a record-setting $487 billion this year. And connected health and fitness devices like blood glucose trackers, smart thermometers and pulse oximeters are a small but growing slice of that market, expected to reach $13 billion in revenue this year, up 12% from 2020.
- Some of the strongest growth is in smart health monitoring devices, which CTA expects to ship 12.8 million units and bring in $740 million in revenue this year, up from 10.4 million units and $632...
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