According to an article in October in InformationWeek, “ABI Research has projected that by 2016, wearable wireless medical device sales will reach more than 100 million devices annually. The market for wearable sports and fitness-related monitoring devices is projected to grow as well, reaching 80 million device sales by 2016.”
With advances in wearable devices and the ubiquity of smartphones, it is essential for businesses with workers in dangerous conditions (mining, construction, etc.) to equip their teams with such devices. This may help prevent injuries but also reduce insurance premiums.