Whom You Know: CEA Releases Report on Dramatic Rise of Connected Health and Wellness Consumer Devices Market 2014 International CES® to include broad focus and exhibits covering rapidly emerging market

Wednesday, January 8, 2014

CEA Releases Report on Dramatic Rise of Connected Health and Wellness Consumer Devices Market 2014 International CES® to include broad focus and exhibits covering rapidly emerging market

The Consumer Electronics Association (CEA)® today released a comprehensive new report, TheConnected Health and Wellness Market, quantifying the dramatic growth in sales of connected health and wellness devices. Created in conjunction with Parks Associates, an internationally recognized market research and consulting company, the analysis forecasts that the evolution of U.S. healthcare will result in a more than 142 percent increase over the next five years in personal health and wellness product sales and software and service revenues.

The report defines the connected health and wellness market, lays out key market growth drivers and challenges, and highlights important technology trends and regulatory issues. CEA’s new study also profiles leading players in 15 health and wellness markets and presents the major factors that are likely to affect the short and long-term success of connected health devices.

"The current sea change in healthcare is resulting in far more consumer-centric products and services," said CEA president and CEO Gary Shapiro. "Design innovations, advancing technology and the widespread adoption of mobile devices mean consumer-centric care is now possible in ways we never imagined. Continued innovation promises to increase personalization, reduce costs and provide novel new solutions to our healthcare challenges."

More than 40 million personal health and wellness products are expected to sell in 2013, a figure that will rise to more than 70 million by 2018. Product sales and software and service revenues will see the largest growth, generating more than $3.3 billion in revenue in 2013 and more than $8 billion by 2018.

The report found 29 percent of mobile phone users with health problems would try an easy-to-use device to track their condition and progress towards their goals. Additionally, 27 percent of mobile phone users would like a personalized plan to help guide them through their journey to better health.

"Current healthcare reform is driving demand for innovative products and services that people can manage themselves,” said Shapiro. “Consumer electronics companies are paying close attention to the rise of a young, dynamic market for connected health and wellness devices. As a result, these products allow healthcare providers to engage with their patients more effectively and help consumers better self-manage their own care needs."

Recognizing the growing importance of this sector, the 2014 International CES® will dedicate its largest footprint ever to connected health and wellness. The Digital Health Summit conference will focus heavily on consumers' growing demand for high-tech health services. Topics of discussion will include: The Bionic Man, The Radical Hospital, How Digital Health Saved My Life and Beyond Wearable – It’s Invisible. A full-day FitnessTech conference also will highlight key trends impacting the collective multi-billion dollar sports, fitness and outdoor markets. Owned and produced by CEA, the 2014 CES, the world’s gathering place for all who thrive on the business of consumer technologies, will runJanuary 7-10, 2014 in Las Vegas, Nevada.

The Connected Health and Wellness Market study was designed and formulated by CEA Market Research, the most comprehensive source of sales data, forecasts, consumer research and historical trends for the consumer electronics industry. Please cite any information to the Consumer Electronics Association (CEA)®. The complete report is available for free to CEA member companies at members.CE.org. Non-members may purchase the study for $999 in the CEA store.

About CEA:

The Consumer Electronics Association (CEA) is the technology trade association representing the $203 billion U.S. consumer electronics industry. More than 2,000 companies enjoy the benefits of CEA membership, including legislative advocacy, market research, technical training and education, industry promotion, standards development and the fostering of business and strategic relationships. CEA also owns and produces the International CES – The Global Stage for Innovation. All profits from CES are reinvested into CEA’s industry services. Find CEA online at www.CE.org,www.DeclareInnovation.com and through social media.

UPCOMING EVENTS

CES Unveiled LAS VEGASJanuary 5, 2014, Las Vegas, NV

2014 International CESJanuary 7-10, 2014, Las Vegas, NV

CEA Winter BreakMarch 18-21, 2014, Vail, CO

Digital Patriots Dinner

April 29, 2014, Washington, DC

CES on the Hill

April 30, 2014, Washington, DC

2014 Technology & Standards Spring Forum

May 19-23, 2014, Seattle, WA

CE Week

June 23-27, 2014, New York, NY

Recent Testimonials by Brand Ambassadors on their Experience with Whom You Know

"I work with Peachy Deegan because she's prolific at what she does. She's a hard worker, she's thoughtful and she's tasteful at what she writes which is very important. Peachy gets the facts correct, and just that alone is worth its weight in gold."

-Edward Tricomi, Master Stylist and Owner of Warren-Tricomi
https://warrentricomi.com/

"No one has yet to express their taste for our cuisine better than Peachy Deegan on Whom You Know. Thank you for transforming our flavor into words, unlike any other before.
Sometimes WHOM YOU KNOW, really makes a difference and Ammos Estiatorio is grateful to know Peachy Deegan!"
-
Dimitris Nakos, Founder and Owner of
Ammos Estiatorio
https://ammosnewyork.com/

“Whom You Know has done an amazing job of featuring our company over many years [seven]. Peachy has worked tirelessly to create a well-curated selection of topics and brands that are clearly of relevance to her growing audience of readers. Her articles are filled with great insights based on first-hand experience. She does her research, knows her business and is a pleasure to work with!”

-David Sasuga, Owner of Fresh Origins Microgreens
www.FreshOrigins.com

"Peachy Deegan has the pulse of the nation and highlights exceptional opinion leaders in more than 23,000 inspiring and entertaining posts. Her 100,000 twitter followers are a true testimony to Peachy’s ability to inspire, motivate and entertain. She is a feminine force to be reckoned with and an exemplary example of an influential voice in today’s world."

-Mica Mosbacher, author of the new book The Hurricane Factor: Stormside Patriots and tv political commentator

"It was an honour to be chosen for Movers and Shakers by Peachy Deegan. The questions in the interview were intelligent and insightful and I thoroughly enjoyed answering them. The reaction to the interview has been overwhelmingly positive and has helped bring my art practice to a wider audience."
-Damien Flood, Internationally Acclaimed Artist
http://www.damienflood.ie/

"We were so fortunate to hit Peachy’s radar. Her review of our Warmies was spot-on and came at a great time in our company’s early history.
Peachy has such a strong relationship with her readers. She provides honest and real comments; she is truly a trusted source in a very large circle
of consumers."
-Scott Wehrs
President
Intelex U.S.A.
http://www.intelexusallc.com/

"We at Primola love working with Whom You Know and are proud to have been a highly-ranked Manhattan restaurant by Peachy Deegan since 2012, and are featured seasonally. We appreciate the fantastic work Peachy does highlighting our cuisine with her sublime writing style and the whole neighborhood of the Upper East side. Also, we are glad that she has started a Made in Italy column! If you have the opportunity to be considered for review, we'd highly recommend working with her."
-Giuliano Zuliani, Owner of Primola Restaurant
https://www.facebook.com/Primola-Canaletto-restaurants-NYC-135616799831091

"
Peachy Deegan is a gem. She is wonderful to feature our Irish brands in 'Whom You Know'! The articles are beautifully and passionately presented, bringing products and brands to life, making both relevant and fun for her many faithful followers to read. I am immensely proud for our hand-crafted products to be included in this venue!"

-
Bill Follett
President, Belleek Group North America
www.Belleek.com

"As you know from my past features, Peachy Deegan and I were in the same class at Boston College prior to either of us becoming entrepreneurs. When we played together on the BC Alumni softball team in Central Park years ago, she mentioned she could not find a great dentist in Manhattan and could often be found networking on her phone in the outfield hiding from the ball. She was my second patient ever in 2006 when I opened my dental practice; I was one of the first sponsors on Whom You Know and the first Mover and Shaker featured in 2009 and have worked with her continuously since. She's even talked her friends that are doctors into being my patients, and they subsequently send their hospital colleagues. I don't know anyone that is as great of a networker and writer as Peachy, nevermind that she is upstanding and always good for her word. Cosmopolitan Dental is so happy to be in the company of the caliber of major brands she works with today, and although she will tell you a million ways to get your teeth dirty between Peachy's Picks, Terrific Takeout and Peachy's Pantry, Peachy Deegan will tell you there is only one way to get your teeth clean!"
-Dr. Garo Nazarian, Founder and Owner of Cosmopolitan Dental
http://cosmopolitandental.com/