More market projections from Juniper Research today, projecting that the connected health services market in 2019 will be six times what its estimated at today.
The report, “Smart Wireless Devices: CE, Enterprise, Fitness, Healthcare, Payments 2015-2019,” says that the market will partly be driven by a desire to track someone else’s data — a friend, or a parent, or to share your own data with a doctor or trainer. However, the unreliability of the data may hold back the market; better devices, the report says, will drive adoption.
Juniper puts the connected healthcare and fitness service market at $320 million in 2015, and expects it to reach nearly $2 Billion by 2019.
At the same time, the report says, the ubiquity of sensors will make tracking hardware less relevant, as people may opt for any old tracker (including the sensors built into smartphones) while developing allegiance to the software or app that reports the data. In addition, Juniper says there is an emerging market for software that make activity and health recommendations beyond mere data reporting.
The full report costs $6000; subsets of the data are available starting $3000.