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Caution Issued On Health Of Fitness Tracking
- CNBC, Monday, April 11, 2016 9:05 AM
When it comes to health and fitness, some technology that's meant to help you actually could be hurting your progress. Fitness trackers, part of the booming wearables market, have caught fire with the health conscious and boosted the fortunes of their manufacturers. In 2014, worldwide consumer spending on health and fitness services clocked in at over $200 billion, with wearable devices capturing a growing percentage, said analyst Jim Duffy at Stifel. Duffy noted that Fitbit alone had sales of $1.8 billion last year, and that the company expects revenue in excess of $2 billion for this year.
