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Wearable Technologies are smart devices that can be worn on the user’s body and have advanced functions such as wireless connectivity, self processing capability, and analytics and so on. Wearable Technologies have variety of applications which include healthcare & medical, fitness & wellness, industrial, military and infotainment. Major drivers for the growth of wearable technologies market are demand for portable devices, demand for real time data analytics and so on. Moreover these devices are also used as a style statement among the young population, globally. Also, development in big data technologies such as cloud computing and Hadoop also support the growth of these smart devices.

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This report focuses on Wearable Technologies in healthcare. Most of the wearable devices developed till date are concentrated around healthcare and wellness products. Major applications of wearable devices in healthcare include BP Monitors, CGM Devices, Smart Glasses, PERS, Insulin Pumps, ECG Monitors and so on. Increasing life expectancy rates and growing demand for preventive and long-term care are the major drivers for the growth of wearable technologies healthcare market. Data privacy and data traffic management is a challenge for the market. Major players in the Wearable Technologies healthcare market include Medtronic, Dexcom, Abbot, Bio devices, Cardiac Science.


  1. Medtronic
  2. Dexcom
  3. Abbot
  4. Bio devices
  5. Cardiac Science
  6. Nonin
  7. Google
  8. Starkey
  9. Corventis
  10. Proteus Digital Health
  11. Withings
  12. Apple
  13. Fitbit
  14. Jawbone
  15. Diversinet
  16. Samsung
  17. Viper

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  1. Executive Summary
  2. What are Mobile payments?
  3. Key Components of Market:

3.1. Banks

3.2. Telecom companies

3.3. Regulatory Bodies

3.4. Mobile Payment platform provider

  1. Market Driver:

3.1. Inefficiencies in existing services like rigidity of banks

3.2. Growth of Mobile phone subscribers in the world

3.3. Advancement in technology

3.4. Small Merchants and Businesses

3.5. Increasing share of Smartphones in Mobile phone Market

3.6. Easy to use and convenient

3.7. Unbanked Population

3.8. Micropayments

3.9. Transfer in Different currencies

3.10. Growth of E-commerce

3.11. Cost Effective


  1. Challenges in the Market:

4.1. Unwillingness to acquire(opt) new technology

4.2. Unclear business case

4.3. A complex matter

4.4. Lack of technological standards

4.5. No one needs it as present alternatives are attractive


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  1. Key Motivator in the Market:

5.1. Introduction of more user friendly technology

5.2. Convenience is priority in Mobile payment market

5.3. Limits on cash transaction in Some Countries

5.4. Entry of larger players

5.5. Government aide


  1. Application analysis of Market:

6.1. Prepaid Mobile Wallet

6.2. Close loop payments

6.3. Person to Person (P2P)

6.4. Carrier Billing


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