Swiss watch exports are down, particularly Swatch, which suggests smartwatches are having an effect.

A good detection/alert app for Pokemon Go would drive wearable sales for the next few quarters.

In the longer term, ApplePay looks like a strong possibility for the Apple Watch. Look for it to start to happen in places like London where it can be used daily on a strong public transport system.

‘I have long thought that inaccurate health data is bad at best and dangerous at worst and so I do not see any real threat to the medical devices industry for now.’ For me it is more a question of what the data can help patients and doctors diagnose with a device that is worn all the time, so supplementing rather than replacing the medical device industry.