Healthcare Industry Smart Fitness Wear Market Report, 2016 to 2024 | Seite 2
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Smart fitness wear market is multi-industry market having varied applications in
healthcare, sport, fashion, safety and military. Dominant sector for wearable is
healthcare sector which merges wellness, fitness and medical for effective treatment of
personnel.
High price associated with smart fitness wear may scale down the market ove r the
forecast period. Variable operating system platforms for different manufacturers, less
integration with universal platforms, and difficult-to-use interface are expected to further
curb demand. As low cost copies start to flood the market, competitive pressure will
make it more difficult to sustain the current market pricing which subsidises the
backend services and development.
Disruptive technology in smart-textiles is expected to establish major demand from
industrial, commercial and military applications over the forecast period. Rising
innovative projects in electronics & healthcare industry is forecasted to provide massive
growth prospects. Insurance firms are using smart fitness wear as a tool to improvise
and outline member’s health is expected to propel market growth.
Social clothing lets a user to feel and share physical experience with the use of haptic
sensors linked to an athlete’s or trainer’s clothing. Social clothing for sports fans is
expected to be a key downstream smart textile market for manufacturer’s partnered
with a sports club, fan club globally.
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