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CEA Releases Report on Rise of Connected Health and Wellness Consumer Devices Market

January 14, 2014

The Consumer Electronics Association (CEA) today released a comprehensive new report, The Connected Health and Wellness Market, quantifying the dramatic growth in sales of connected health and wellness devices. Created in conjunction with Parks Associates, an internationally recognized market research and consulting company, the analysis forecasts that the evolution of U.S. healthcare will result in a more than 142 percent increase over the next five years in personal health and wellness product sales and software and service revenues.

“Design innovations, advancing technology and the widespread adoption of mobile devices mean consumer-centric care is now possible in ways we never imagined. Continued innovation promises to increase personalization, reduce costs and provide novel new solutions to our healthcare challenges.”

The report defines the connected health and wellness market, lays out key market growth drivers and challenges, and highlights important technology trends and regulatory issues. CEA’s new study also profiles leading players in 15 health and wellness markets and presents the major factors that are likely to affect the short and long-term success of connected health devices

From the article, "CEA Releases Report on Rise of Connected Health and Wellness Consumer Devices Market."

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