Health wearables to save 1.3 million lives by 2020

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Smart wearable devices may help save 1.3 million lives by 2020, according to a prediction made by Switzerland-based firm Soreon Research. According to the analyst group: “Smart wearables, a set of sensors attached to the body with a direct link to smart devices, are the most industry-disrupting innovation as well as a major opportunity to transform the healthcare system.”

The firm’s lives saved number is mostly accounting for reduction in mortality thanks to wearables employed for in-hospital monitoring, which will likely help save about 700,000 lives of the 1.3 million.

Another separate report this week from TechNavio predicts that the global location-based services market for the healthcare industry will grow about 31 percent over the next four years.

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