Market and Patent Analyses of Wearables in Medicine

Julia E Mück; Barış Ünal; Haider Butt; Ali K Yetisen

doi:10.1016/j.tibtech.2019.02.001

Market and Patent Analyses of Wearables in Medicine

Trends Biotechnol. 2019 Jun;37(6):563-566. doi: 10.1016/j.tibtech.2019.02.001. Epub 2019 Mar 6.

Authors

Julia E Mück¹, Barış Ünal², Haider Butt³, Ali K Yetisen⁴

Affiliations

¹ Department of Chemical Engineering, Imperial College London, London SW7 2AZ, UK.
² Triton Systems Inc., 200 Turnpike Rd., Chelmsford, MA 01824, USA.
³ School of Engineering, University of Birmingham, Edgbaston, Birmingham B15 2TT, UK; Department of Mechanical Engineering, Khalifa University, Abu Dhabi 127788, UAE.
⁴ Department of Chemical Engineering, Imperial College London, London SW7 2AZ, UK. Electronic address: a.yetisen@imperial.ac.uk.

PMID: 30851983
DOI: 10.1016/j.tibtech.2019.02.001

Abstract

Wearable medical devices (WMDs) will advance point-of-care diagnostics and therapeutics. This article analyses the market and patents for wearable devices. Activity monitors have the largest market share, and the intellectual property landscape is dominated by electronics corporations. However, the majority of these patents have not been realized in commercial products.

Keywords: commercialization; market analysis; medical devices; patent analysis; wearables.

MeSH terms

Biomedical Technology* / economics
Biomedical Technology* / instrumentation
Biomedical Technology* / legislation & jurisprudence
Fitness Trackers* / economics
Fitness Trackers* / statistics & numerical data
Humans
Patents as Topic*
Wearable Electronic Devices* / economics
Wearable Electronic Devices* / statistics & numerical data