Great momentum within the patient monitoring wearable market
For those who are unfamiliar, new
wearables allow medical professionals to remotely and continuously monitor
patients in the hospital and beyond. The devices send real-time alerts regarding any condition deteriorations or
fluctuations, in effect reducing response times to potentially life-threatening
changes and saving the healthcare system resources in the long term.
A&D Medical, Medtronic, Nonin Medical, and Philips Healthcare lead the
market, with startups like Fatigue Science, Health Care Originals, and Qardio
beginning to challenge the incumbents and diversify the competitive landscape
in offering solutions to treat specific medical conditions.