Corresponding Author

Bo Zhang

Document Type

Article

Abstract

The purpose of this paper is to investigate: 1. How well the senior population in China accept the wearable medical devices; 2. What kind of products the senior population in China would like to choose; 3. At what price the senior population are willing to pay. Collected information from secondary data resources to understand the wearable medical devices market in China and conducted online survey through professional survey software WenJuanXing to collect primary data from 217 elderlies (above 50 years old) in China. Based on the data collected by the online survey, half of the respondents are interested in using wearing medical devices. Top three concerns about the wearable medical devices are safety, veracity and reliability. About 56% of respondents are willing to pay no more than 600 RMB (about 90 USD) for the device itself. About 54% of respondents are willing to pay no more than 60 RMB / Month for the service (about 110 USD per year).

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