54 SMT Magazine • November 2014
smtonline market news
Highlights
Personal & Domestic robots sales
continue to soar
Sales of medical robots decreased slightly by 2%
compared to 2012, to almost 1,300 units in 2013,
accounting for a share of 6% of the total unit sales
of professional service robots. The most important
applications are robot assisted surgery and thera-
py with more than 1,000 units sold in 2013, 2%
less than in 2012.
medical electronics market to be worth
$56.5b by 2020
an increase in lifestyle diseases continuously pushes
patients for medical monitoring to get their health
status to avoid any health related contingencies;
medical devices such as cardiac monitors and hemo-
dynamic monitors are continuously gaining market
share in the medical monitoring applications.
wearable electronics market at
$11.61b by 2020
The global wearable electronics products market
revenue is expected to grow roughly at a Cagr
of 24.56% and cross $11.61 billion by the end of
2020, with steady sales of wristwear and footwear
category, along with the emergence of the small
market size for eyewear and bodywear category.
wearable Device shipments to
Quadruple by 2017
New findings from Juniper research have revealed
that global smart wearable device shipments will
more than quadruple by 2017, reaching 116 mil-
lion units, compared to an estimated 27 million
this year. however, this still suggests that less than
5% of smartphones will be used with such wear-
ables by this time.
U.s. small businesses segment
continues Decline
according to D&b's proprietary data, the small
businesses segment continues to decline as seg-
ments expected to ignite growth, flounder. "while
overall business health across the country remains
virtually unchanged, small businesses continue to
experience inconsistent growth patterns," said
paul ballew, chief data & analytics officer.
conference board consumer confidence
index Drops
The Conference board Consumer Confidence in-
dex®, which had increased in august, declined
in September. The index now stands at 86.0
(1985=100), down from 93.4 in august. The pres-
ent Situation index decreased to 89.4 from 93.9,
while the expectations index dropped to 83.7,
from 93.1 in august.
internet of things market to reach
$1423b by 2020
The value of internet of Things market is expected
to reach $1423.09 billion by 2020, at an estimated
CaGr of 4.08% from 2014 to 2020, whereas the
internet of Nano Things (ioNT) Market is forecast
to be worth $9.69 billion by 2020.
3D Printing market Forecast to reach
$8.6b by 2020
North america leads the 3D printing market with
approximately 43.9% revenue share in 2013, fol-
lowed closely by the european region. The domi-
nance of the North american market is attributed
to growth in the healthcare, consumer, aerospace,
and automobile industries.
big Data technology, services to reach
$41.5b in 2018
international Data Corporation (iDC) forecasts that
the big Data technology and services market will
grow at a 26.4% compound annual growth rate
(CaGr) to $41.5 billion through 2018, or about
six times the growth rate of the overall information
technology market.
medtech market to see sales of
$514b by 2020
"This is a year of change for the medical device
market, particularly within the cardiology and or-
thopaedic spaces, which have been dominated by
megamergers," said ian Strickland, report author.
"if the deal between Covidien and Medtronic goes
through, we could see a new market leader. in an
industry forecast to be worth more than half a tril-
lion dollars in 2020, that is no insignificant achieve-
ment."
54 SMT Magazine • November 2014
