Home/Analysis/Innovation and Research In Wearable Technology Market Foresee High Demand In Future
Innovation and Research In Wearable Technology Market Foresee High Demand In Future
Posted On: Dec 2023
The change in lifestyle and eating habits of people has led to an increase in the occurrence of chronic diseases across the world. Asthma, diabetes, high blood pressure, obesity are few common diseases that require vigilant monitoring to avoid fatal health consequences, thus attracting many researchers to work in this direction. The emerging microfiber and nano-fiber technology are anticipated to monitor such conditions in the next few years.
University research suggests these wearable fibers can be used to monitor any patient's vital at any time. The fibers are flexible and highly sensitive and can be directly used on skin or woven on any cloth. They would turn to be usable in gauging blood pressure, heart rate, sleep quality, cholesterol levels, etc. There could be socks, shirts made from this material, even watches or tattoos would be possible and would help detect user's biosignals at any location and at any given time.
However, for this technology to be usable, work needs to be done to make it more durable for repetitive use. Moreover, it needs to have a power source that is portable as well as reliable. As it is found to be lacking in these departments, it will take some time for the technology to develop and the medical community to reply to its data accuracy.
Another form of technology springing up is piezoelectric sensors, which are expected to be in the market in about three years. They already have established a power source, which is mechanical energy. Other such technologies would take about five to eight years to develop and cater to both users and medical personnel demands.
An increase in consumer demand for fitness wearable is evident and would also support development in this market in the future, especially among millennials. In line with this, researchers at the University of Colorado are developing wearable electronic devices. This device is prepared by stretchable material and will have a fully-recyclable circuit board. It is said to be inspired by a human's skin and can stick on it as well. The device will have the ability to heal itself and will also be able to perform several tasks like measuring body temperature, tracking daily step count, etc. It seems the Global Wearable Technology Market has some golden years ahead as new technologies develop and emerge.
www.decisiondatabases.com is a online aggregator of market and research database which includes databases, reports and profiles. We have started this portal with a aim to become one stop shop provider for marketing and research data requirements for various sector and country databases.