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The global flexible electronics market was USD 20,850.0 million in 2015, which is estimated to reach USD 87,210.0 million by 2024, according to a new report by Grand View Research, Inc.
Flexible batteries, displays, memories are a few products realized with the adoption of this technology.
The technology provides ample opportunities in the area of smart textiles, which is the future of wearable’s.
Government support in the form of funding that lends a helping hand to several research projects in this field is also anticipated to impact the industry growth positively.Healthy demand for smart glasses, e-books, smartphones, smart watches, and e-papers is expected to catapult market growth over the next eight years.
The technology facilitates electronic systems to be stretched, rolled, and flexed, minimizing design issues associated while developing compact, portable and miniature devices.
The style and functionality of wearable devices is anticipated to witness a transition over the next eight years with companies such as Samsung, Apple, Nike and Google investing heavily in this segment, thereby providing avenues for discovering novel applications incorporating this technology.Further key findings from the report suggest:The consumer electronics segment accounted for over 55% of the overall revenue in 2015.
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Wearable medical devices are electronic devices capable of measuring various metrics on the human body without doctor intervention.
Insurance companies and healthcare organizations are pondering the benefits of wearables to patients in the long run.
The global wearable medical device market report by Market Research Future (MRFR) highlights the developments around the technology and applications in the medical sector as well as several factors and challenges to be faced by key market leaders for the period of 2017 to 2023 (forecast period).Wearable Medical Device Market ScopeThe global wearable medical device market is forecasted to be valued at USD 27,255.6 million by 2023.
It was valued at USD 7,859.4 million in 2017.The developed countries, in particular, are frontrunners in the adoption of advanced technology solutions and continuous innovation in these technologies can influence the market demand.
These devices have demonstrated efficacy in the management of chronic diseases of diabetes, asthma, and heart diseases, the occurrence of which is soaring across the globe.
Wearable medical devices have gained significant traction in monitoring various health parameters such as heart rate, blood oxygen level, body fat, and respiration.
It is the first company that makes a smartwatch with a full touch screen display.
Diverting away from basic LCD screens that have adorned its previous watches.
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Mobile apps are a cornerstone to most businesses, especially since mobile e-commerce is the leading way that people shop online.
Once an app has been developed and prepared for launch, it must be uploaded to a mobile app distribution platform.
Here are the top mobile app distribution platforms that can help your app reach your audience.Amazon App StoreThe Amazon App Store is the mobile app distribution platform dedicated to Amazon products.
The number of devices that you can target is limited to Amazon’s offerings, of which there are not many.
If you are planning on entering a niche that competes with these, your app must focus on a very specific use case to be successful.
However, you can penetrate niche markets with a well-made app.
