Growth of the Wearables Market Dominated by Healthcare

wearable-market-growth

This chart illustrates an incredible explosion in the wearables market and illustrates how it’s likely to continue to grow for years to come. The big takeaway for me is how healthcare totally dominates these graphs. The two biggest growth markets for wearable are “Healthcare” and “Sports/Activity Trackers.” Many would argue that Sports/Activity trackers should be included in healthcare. That’s amazing.

The only other wearable that gets reasonably close is the smart watches, but even those could be argued as healthcare devices as well. Sure, they do a lot more, but they all have some sort of health component to them as well.

I’m going to point to these graphs from now on when I talk about the impact of wearables on healthcare. Although, I guess I could also say that the wearables market is largely healthcare. I’m excited by this continued growth and I still think we’re just getting started on what will be possible. Watch out for wearables major impact on healthcare. I think it’s inevitable.