China's wearable medical market can reach 5 billion in size after five years

The prospects for the wearable healthcare and medical markets are more interesting than wearable electronics. Wearable devices can be applied to remote patient monitoring, on-site professional medical care, and the like. According to relevant data, the scale of China's mobile medical market reached 1.86 billion yuan in 2012, an increase of 17.7% over the previous year. It is expected that the scale of China Mobile's medical market will exceed 10 billion by the end of 2017, reaching 12.53 billion yuan. According to GSM's measurement standards for mobile medical industry , medical equipment manufacturers and content and application providers account for about 39.83%. It is estimated that by 2017, the sales volume of China's wearable portable medical equipment market will be close to 5 billion yuan.

Wearable medical devices can be used to track an individual's life and movement and provide data sharing. For example, tracking daily running data; determining whether an adult's fall has caused injury; reporting the blood sugar level of a diabetic patient; and monitoring the heart rate of a hospital patient.

Some time ago, because of the production of a wearable pedometer, Jiu'an Medical rose 124% in May, killing other listed companies; in June, US wearable heart testing medical equipment card CardioNet rose 107.17% in 13 trading days. According to industry analysts: In the next three to five years, the value of the wearable medical market will grow from $3 billion to $50 billion, equivalent to 10 times the space.

Wearable smart medical equipment can continuously track the patient's follow-up situation. The doctor can dynamically evaluate the efficacy of the drug, track the patient's progress in time, and identify potential risk factors. As people's living standards continue to improve, the level of attention to health will be higher and higher, the medical industry will pay more and more attention, and its application scope will become wider and wider.

Lu Guo

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