Intel established a new device group (New Equipment Group) in 2013 to focus on developing wearable devices. However, it has already confirmed that it will close this department, and Fitbit, one of the representatives of the wearable devices, is also in a loss situation. Both companies are developing in the wearable device business. The road is not smooth, but on the other hand, the medical wearable device market is sprouting.
At first Intel looked at the wearable device business very seriously. It not only set up a special department and invested a lot of money and effort, but also actively bought related manufacturers, developed different industry alliances, etc., but the development was not as expected. Therefore, it ended many wearables since 2017. The device development plan, it is now confirmed that the new device group will be closed.
At the same time, wearable devices are gradually demonstrating market potential in the medical field. With the wristbands, smartwatches have the ability to collect human health data and health functions. With the promotion of consumer health awareness, wearable devices are expected to be further and more professional. Combination of medical applications.
The University of Kansas University Medical Center research team and the University of California San Diego research team have all introduced experimental wearable devices, and the Australian government has also funded the Australian National University's development related programs. In other application areas, industrial safety applications have gradually become New development space for wearable devices.