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Wearables for elder care remains to be an untapped market

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Seniors represent one are that holds particular promise in wearable, which remains to be an untapped market for tech companies. While just 13 percent of America’s population is 65 or older today, that slice will jump to 19 percent by 2030. According to analysts predict, medical applications will soon account for the largest share in the smart textile industry, reaching $843 million by 2021.

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