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Innovations in Wearable Technology: The Game Changer
Wearable technology is the pioneer & worldwide leading innovation as well as a market development platform for the technologies worn close to the body. Constant technological up-gradations in this platform have boosted the market growth for e-textiles. The latest technological innovations showcased in the Wearable Technology Show in London on March 2016 includes Babypod, Spartan Boxer Shorts and Beddit Sleep Tracker. Spartan Boxer Shorts, a wearable technology is majorly designed with the aim to protect the males from the side effects of the IOT revolution. It has been witnessed that the electromagnetic radiations generated from the wireless devices possess the capability to decrease the fertility rate in men. This innovative product claims to restrict 99% of radiations from affecting the reproduction rate in men. Hence, it is been estimated that the innovation of such technologies creates a wider scope for the e-textile market.
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Healthcare & Sports Application: The Most Lucrative Segments
E-textile products are primarily deployed in the healthcare segment to fulfill the unique purposes such as to track heartbeat and to study & scrutinize numerous disorders (cardiovascular, neurological or respiratory). In recent decades, a significant increase has been observed in the number of older people suffering from diseases. Due to this, automatic and smart health care services e-textiles can be foreseen as significant tools for achieving the goals of controlling the reducible costs and eliminating the inefficiencies in terms of reactive healthcare system (action undertaken only at times of emergency/diseases cases). In current scenario, need for preventive or predictive healthcare system has boosted the demand for e-textiles. Some of the most popular e-textile products in healthcare applications are SmartShirt and LifeShirt. SmartShirt developed by Sansatex Company possess the capability of measuring as well as displaying the vital signals (blood pressure, heart beat, temperature etc.) of the user due to which it has gained attraction in the healthcare sector. Furthermore, increasing sales volume of health and fitness trackers across the regions indicates a scope for the e-textiles market in healthcare and sports segment. In 2015, health and fitness trackers sales in North America were numbered 8.5 million units, up from 4.8 million units in 2014.
About Occams Business Research & Consulting (OBRC)
Occams Business Research & Consulting has been in the business (Market Research) for the past three years. OBRC, based in India, is formed by two women analysts, Shyamal Moghe and Sathya Durga, who started the company after years of working as analysts and project managers for companies such as Frost & Sullivan, Smart Analyst etc. and have an excellent track record for the best customer satisfaction.
Shyamal Moghe (Shyamal Moghe)
Sathya Durga (Sathya Durga)
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