The wearables of the future won’t be found on the wrists of personal trainers and spin instructors to track heart rate and tell you when you need a snack. They’ll be used to save lives — and that means the U.S. Food and Drug Administration needs to throw its hat in the ring.
The independent research firm Soreon estimates the wearable tech for healthcare will grow from 2014’s $2 billion to $41 billion in the next five years, targeting tools for diabetes, sleep disorders, obesity and cardiovascular disease, as Reuters reported.
