Report: Wearables Poised to Dominate Medical Device Market Share
Medtronics, General Electric, Eli Lilly Company and others have long controlled sizable and lucrative healthcare monitoring markets, and they will likely continue to dominate invasive monitoring. However, Jawbone, Fitbit, Google, Garmin and others are making significant strides in non-invasive monitoring. These companies already offer devices to monitor heart rate and also own patents for blood pressure monitoring. Jawbone has a patent for glucose monitoring that may soon be integrated into products, giving the company a foothold in the healthcare business.