Research and Markets’ new report predicts that the global diagnostics wearable medical devices market will grow at a CAGR of 14.01% between 2016 and 2020.

These devices enable users to obtain real-time data on such functions as blood pressure, body temperature, respiratory rate, glucose quantity, heart rate, and blood gas saturation. They also help users measure their heart rate, muscle activity, and calories burned during exercise.

A key growth driver is the growing demand for early diagnosis and preventive medicine. Since these devices enable users to obtain real-time data, users can track their health status, according to a media release from Research and Markets.

A driver that could hinder growth, however, is data privacy issues since these devices may involve the transfer of users’ health data to healthcare providers.

For more information, visit Research and Markets.

[Source(s): Research and Markets, Business Wire]