Wearable Products Innovative Side That Make Lives Better

Wearable device manufacturers are seen expanding their reach to change how many carry out their day to-day chores.

https://www.flickr.com/photos/scobleizer/5455106314

Wearable electronic products that are found useful by medical practitioners and other sectors are proliferating among consumers worldwide. Aspiring wearable designers and intelligent component manufacturers are finally benefitting from the wearable technology market say researchers at the Allied Market Research (AMR). Furthermore, information technology, security companies as well as third party enterprises including health insurers are making huge profits from the recent developments in the wearable technology market.

Industry experts eyeing the size and share and demands in the sector emphasize that increasing consolidation, especially in the hardware segment will presage a higher emphasis on the development of wearable software. Besides this, the tech stocks are expected to be the robust performers in the low progressive and low inflation industry environment. According to industry experts at AMR, the wearable electronics industry is valued at $25.19 billion by 2020. Furthermore, this sector is anticipated to register a CAGR of 26% from 2014 to 2020. Moreover, the corresponding volume of the wearable electronics market would be about 142.6 million units, growing at a CAGR of 23% from 2014 to 2020. The wearable devices are becoming smarter. Demand for wearable watch or fitness watch are rising in regions such as North America and Europe.

Watch which wearable technology market players caught attention in 2016

https://www.youtube.com/watch?v=h8-TAqzYrno

Future wearable technology market  

The wearable technology market is witnessing a significant growth worldwide, especially in the United States. If we are to believe the figures presented by officials at the Fidelity International the global shipment of the wearable products for the 1st quarter in the last year had reached approximately 11.4 million units, which was an increase of 200% compared to the stats in 2014. Of those 11.4 million about 7 million alone were advanced fitness bands, a segment which is anticipated to fuel the future growth of the wearable technology market. Researchers reveal that the development of these wearable products will continue and potentially overshadow both smartphones as well as the tablet in the next five to six years.

For the wearable technology market to continue its growth, product designers will have to become more proficient and combine analytics, big data as well as cloud storage to deliver important insights to the customers at the right time. Besides this, gadgets will be designed by considering the user’s requirements. This process is termed as the human – centered design. Once made possible, the wearable products can soon emerge as an important part of our everyday life. The most significant wearable investment opportunities made so far are in data security, hardware, software, and others.

Wearable technology market is definitely making winds

Courtesy: PwC 2014 survey

What is the future of healthcare wearables?

The wearables in the healthcare industry are definitely one of the big futures. Change is happening in the healthcare, said - Erik Jacobson, working with Accenture at the “IOTSWC15” event. One of the key enablers of the wearable technology in the healthcare sector is the customer expectations. The economic model that works both in the government systems and private systems. e.g. in the UK, the GP is getting high financial control over their trade or business; large B2B agreements between healthcare institutions and payers around operations etc. is fueling the growth of wearable products in the healthcare sector.

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Another focus area is value-based health, where a customer doesn’t just want to pay for the products but also for the end results. Wearables in healthcare can be considered as an endpoint of technology such as a smartphone. When we talk about wearables many will instantly think of a pair of smart glasses or probably a smart watch. But what’s next? Fitness bands are the obvious ones. The fitness market is incredibly mature attending to an array of fitness concerns. Next are the identity bands and the smart clothing or connected clothing which is the next stage of wearables.

These devices are now being used by patients, helping them save on their medical costs. Today, product designers are focused on helping the patients get a positive outcome from the wearable that sits on them. Wearables on healthcare workforce, such as charity workers, nurses as well as clinicians who work with the patients can wear these products to make their job easier. Public health workers can use these intelligent gadgets to prevent people from becoming patients.

What can US customers expect from the wearable technology market?

Fidelity study outlines that in 2019 the official launch of the “HoloLens” by Microsoft will bring about a dramatic transformation in the wearable technology market. There will be a visible shift from the basic wearable to some of the most intelligent or the smart ones. However, the consumers of Apple Watch as well as Fitbits will keep growing, as their devices serve different functions and are made available at different price tags. While the Fitbits range from anywhere between US$75 to $300, the Apple Watch is available for a price between $550 to $15,000.

As per the research carried out by Slice Intelligence, less than 5% of the buyers who invested in a Fitbit device had also bought an Apple Watch in 2013. Both the smart products will continue to observe an upward growth. Over 25% customers want to use wearable products to plug into the social media and more than 28% want to have an access to entertainment with smart products. Recent surveys also outline that 32% of the homeowners want to use intelligent gadgets to control their home appliances such as microwave ovens, washing machines, coffee makers and others. Customer demands for devices that can help them with tracking medical information and workout have seen a rapid growth since 2013. 

For more Information : https://www.alliedmarketresearch.com/wearable-technology-market

Congestive Heart Failure (CHF) Treatment Devices Market

http://www.dicardiology.com - Implantable cardioverter defibrillators to account for majority of the growth thanks to aging population with higher prevalence of heart arrhythmia issues

June 28, 2016 — A recent report published by Allied Market Research, titled, "Congestive Heart Failure (CHF) Treatment Devices Market," projects that the world market would reach $14.8 billion by 2022, at a compound annual growth rate (CAGR) of 5.5 percent from 2016 to 2022. The implantable cardioverter-defibrillator (ICD) segment is expected to dominate the world CHF treatment devices market throughout the forecast period. North America is projected to continue its lead in terms of revenue, accounting for more than two-fifths share of the world CHF treatment devices.

FDA Approves Auris Robotic Endoscopy System

Picture: Artist’s illustration from Auris’ patent application

http://roboticsandautomationnews.com - Though Auris has not unveiled its much awaited endoscopy system, the recent approval from the Food and Drug Association has got many industry experts and principal investigator sharing their opinion

How many of us would actually trust a robotic surgeon operating on us? Not many. But the new precise and dexterous medical robot approved by the FDA shows they could soon take over the operation theater.

No Apparent Filtration Bar for New Entrants in Water Purifier Market

Allied Market Research - World water purifier market is expanding at a robust rate. New entrants tap opportunities to grasp their share of profits.

When majority of key industry players work around technical upgrades on their previous products, the fresh market entrants cleverly incorporate innovations to mark their presence. Enterprises now feel the rising pulse of IoT in almost all industries. Add the factor of connectivity with the solutions to prevalent misgivings on water purification equipment, and behold, the market has its novice line of products. Installing Wi-Fi and Bluetooth connectivity is a trend that has initiated the timeline of smart purifiers. Users are now able to verify the purity level of their water while monitoring discerned parameters over connected devices. Multiple new brands are here in the water purifier market to place their portfolio offerings.

Google to Enter into One-Of-Its-Kind Collaboration with Fiat Chrysler to Build 100 Driverless Cars

Google’s most-sought after search for finding an automaker partner to expand its existing self-driving test program has finally ended. The technology giant’s self-driving technology will be integrated into Chrysler Pacifica Hybrid minivans; the new self-driving cars will not be any car but minivan. Google announced this week that it has inked a deal with the Italian-American car maker Fiat Chrysler to build as many as 100 driverless Pacifica minivans. We will be seeing first ones to hit the road as early as this year end. 

The Google Self-Driving Car Project and Fiat Chrysler Automobiles (FCA) recently announced that they intend to integrate Google's self-driving technology into all-new 2017 Chrysler Pacifica Hybrid minivans; the collaboration is considered as first-of-its-kind, since it is the first time Google has worked in direct association with an automobile maker to integrate its self-driving technology—including sensors and software—into the making of a passenger vehicle. Speculations over the concluded deal has already surfaced last month.

Protection Becomes Important as Many Fall Prey to Zika Virus

For an effective result, application of practical techniques and repellents can help users protect themselves this year, overseas and at their home. 

 

Outdoor stores in Nashville were seen telling their customers that mosquito repellent were not available in the state. Why? Outbreak of Zika virus in 2016 is majorly responsible for the shortage of insect repellents outlines research analysts at Allied Market Research. Analysts analyzing the share and the size of the sector add due to virus scare suppliers are sending the product down south. First baby with Zika was born in New Jersey. As per the CDC, approximately 591 cases have been identified in the United States till date. What else is keeping the future of the mosquito repellent industry bright besides this no cure disease?

Natural Variation Sounds Better

Several testing groups identified that natural repellents promise the best protection. They unveiled that their oils are not only less harsh on human nose, but also effective in protecting against swarms and swarms of mosquitos. Above all, the term natural definitely sounds better for buyers. It took close to five years for Fit Organic to develop a product that was effective against mosquitos carrying the virus. This proprietary formula is safe for both children and pregnant woman. Another product called Citronella Outdoor Sticks are the most sought after repellent rendered contemporary. Scientific testing reveals that these sticks are highly effective in keeping the mosquitoes away. 

 

Original blog published on - https://alliedmarketresearch.blogspot.in/2016/06/protection-becomes-important-as-many-fall-prey-to-zika-virus.html

Google to Enter into One-Of-Its-Kind Collaboration with Fiat Chrysler to Build 100 Driverless Cars

Google’s most-sought after search for finding an automaker partner to expand its existing self-driving test program has finally ended. The technology giant’s self-driving technology will be integrated into Chrysler Pacifica Hybrid minivans; the new self-driving cars will not be any car but minivan. Google announced this week that it has inked a deal with the Italian-American car maker Fiat Chrysler to build as many as 100 driverless Pacifica minivans. We will be seeing first ones to hit the road as early as this year end.

Aircraft Fuel Systems Market By Application & Engine Type

System that enables the staff to pump, deliver and even manage fuel to APU and propulsion system of the aircraft is termed as aircraft fuel systems market. Furthermore, these fuel systems may vary depending upon the various performance of an aircraft, where the system is installed. Besides this, the key function of the fuel system is that it works as shut -off valve. Secondly, it enables the pilot select, which tank would feed the aircraft engine. Several aircraft have both left and right tank options available.

Power Transformers Market By Power Rating and Industry

Power transformers are used to connect electrical networks of different range voltages. They enable an exchange of power between these networks. Power transformers have a wide range of applications across various industries such as chemical plants, mining, etc. The market is driven by increasing power consumption, favourable government regulations and evolving technologies in developed countries. However, the volatile price of raw materials significantly hinders the adoption of power transformers. There is a growing demand for renewable and environmentally friendly energy sources. This greatly boosts the global power transformer market. Increasing energy consumption and the energy crisis in developing economies has brought the very efficient power transformers to the forefront in countries such as China, India, Brazil, Canada and Germany. The key players profiled in the report are ABB Ltd, BHEL, Alstom SA, Toshiba Corp., Mitsubishi Electric Corp., and Siemens Energy.

Mosquito Repellent Market - Opportunities and Forecasts, 2015 - 2022

Wide variety of chemical and natural ingredient based mosquito repellents are being used to keep the mosquitoes away and prevent mosquito-borne diseases such as malaria, dengue, chikungunya, yellow fever, Zika virus, and others. Popularly used chemical ingredients in the preparation of mosquito repellents include diethyl carbonate, ethyl hexane diol, N-diethyl-3-methylbenzamide (DEET), and diethyl phthalate. Moreover, natural substances such as Lemon Eucalyptus Oil, Lavender, Cinnamon Oil, Soybean Oil and others are used in herbal repellents. Adoption of such natural ingredients based mosquito repellents is increasing to avoid problems such as skin rashes, allergies and others.

Sports and Fitness Clothing Market Size, Share 2014 - 2020

Individual and team sports and fitness activities are on the rise, globally. The trend towards healthier habits, emergence of new sports, adoption of an active lifestyle, increasing incomes in developing countries and popularity of physical fitness activities amongst women are factors driving the sports and fitness clothing market. The growing trend of casual wear in the workplace and rising demand from teenagers also serve to fuel market growth. The growing emphasis on product performance and comfort is also a driving force of the industry; it has contributed to the rising demand for premium, high quality sportswear that is also fashionable. In order to design new styles of clothing and widen their product lines, sports clothing companies are collaborating with fashion designers. This has led to a number of mergers and acquisitions in the market. Friction reduction, lightness, stretching ability, water resistance and temperature regulation are some innovations in fabrics, which will influence the market.