By 2020, it is anticipated that the internet of things will connect more than 20 billion item modules to the internet, according to a survey article released by Oxford University in 2016. Therefore, the Smart Medical Devices Market will rise quickly due to the growing uptake of smart wearable technology. However, inconsistencies between the actual and displayed results and the devices' inaccuracy in monitoring medical parameters could limit market expansion. For instance, a 2016 study by Diabetes Technology & Therapeutics found that continuous glucose monitors (CGM) were less accurate and precise than blood glucose metres while measuring capillary blood glucose, indicating a higher chance of mistakes in CGM's clinical use.
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