DOTmed March 11, 2020
Medical advancement in remote monitoring is progressing at a rapid rate thanks to wearable and implantable devices. The consumer market is driving this progress, and the possibilities for the medical-grade market are just being realized.
According to GlobalData forecasts, the wearable tech market was worth approximately $23 billion in 2018 and is predicted to grow to $54 billion by 2023. More than 25% of the current $23 billion market is for medical grade devices — an amount that is projected to more than double by 2025.
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