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Report: Global Market for Connected Health Devices Projected to Reach $612B by 2024

August 16, 2016

The global connected health and wellness devices market is forecasted to reach $612 billion by 2024, in part driven by increasing incidences of chronic diseases that require continuous health monitoring, according to a Grand View Research report.

In the next eight years, the demand for wearable medical devices and remote patient monitoring will increase due to both the shifting consumer preference towards a healthier lifestyle combined with the rise in lifestyle-associated diseases, according to research from the San Francisco-based market research and consulting firm.

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