Wearable medical business has unlimited business opportunities, and well-known semiconductor manufacturers are fighting

Electronic enthusiasts news : With the rise of mobile health (mHealth), wearable medical electronics will undoubtedly become a hot industry in 2013. Most well-known semiconductor manufacturers have begun to actively invest in the development of key components needed for wearable medical electronics, hoping to get a share in this field. As wearable medical electronic applications increase in temperature, competition for wireless connection technologies such as Bluetooth, Zigbee, and NFC has become more intense. Regardless, wearable medical electronics is the general trend. In the future, the industry is destined to be fierce, and how the well-known semiconductor manufacturers achieve differentiated development is the key.

Wearable medical business has unlimited business opportunities, and well-known semiconductor manufacturers are fighting

2013 wearable medical prospects are infinitely good

The Wearable Technology market will expand rapidly in 2013. At CES 2013, we saw many wearable technology products appear one after another. According to official data from CES organizers in the later period, the number of wearable digital health and fitness technology products displayed at CES 2013 this year is nearly 25% higher than last year; it is expected that the number of wearable products will increase to 100 million in the next 5 years With 69.5 million sets, its growth momentum cannot be underestimated.

In addition, the research institute IMS Research also put forward similar research data, predicting that wearable electronics shipments will soar from 14 million units in 2011 to 92.5 million units in 2016, and revenue will be as high as 60 Billions of dollars. The details are shown below:

Figure 1 Comparison of global wearable electronics shipments in 2011 and 2016 Source: IHS IMS Research

Figure 1 Comparison of global wearable electronics shipments in 2011 and 2016 (Source: IHS IMS Research)

There are four main types of wearable electronics: consumer, entertainment, medical care, industrial and military. Consumers can be subdivided into multimedia entertainment, multi-functional wearable electronics and sports fitness (see Figure 2). Among them, wearable electronics such as sports and fitness and medical care were the main sources of revenue for manufacturers in 2011, and the latter accounted for a higher proportion of overall revenue due to higher unit prices. With the rapid growth of wearable medical electronic devices, this will inevitably bring unlimited business opportunities to major semiconductor manufacturers.

Figure 2 Wearable electronics category

Figure 2 wearable electronic classification

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