Future of Wearable Devices in the Healthcare Sector
Updated on Apr 20th, 2021
With the rise in digitization in the global market, many leading sectors witnessed huge transformations. Whether it be education, retail, or even healthcare, things changed drastically. One such digital trend that impacted the healthcare sector is wearable technology. Wearable devices have been in the healthcare market for quite some time now and have been benefiting the industry in a number of ways.
Whether it be fitness bands, smartwatches, or even health devices, digital wearable app development is getting popular day by day. Besides benefiting the common people, wearable devices are also creating great opportunities in the healthcare sector. According to a report by Research and Markets, wearable devices will become a $980 million market by the year 2024. The same report also predicts that the vital area of wearable devices in the healthcare sector would be implantable medical technology.
But, what else the future holds for wearable devices? Is there any greater scope of wearable devices in the healthcare sector? If you have questions like these in your mind, then you are in the right place! In today’s article, we will be discussing everything about the future of wearable devices in the healthcare market. So, without wasting much of your time, let’s dive in!
What is Driving the Rapid Growth of Wearable Devices?
The concept of wearable technology is not new, it has been benefiting the healthcare sector for quite some time now. But there are some crucial technologies and tools that have added to the success and growth of wearable devices. The advancements in artificial intelligence, for instance, fueled the growth of wearable app development. With telemedicine apps becoming a common aspect of the modern world, the trend of wearable devices further increased.
With wearable devices, the patients can seamlessly get all their medical information like heart rate, blood pressure, total steps walked, and so on. Some of the advanced wearable devices even remind the users of their medicines and checkups that are pending.
Additionally, the use of smartphones and healthcare apps even facilitated the growth of wearable devices. The patients can now seamlessly share their health records and reports with the doctors via healthcare mobile apps. At present, many connected healthcare and wearable devices are leveraging IoT and data analysis to predict the patient’s life expectancy. In short, all the robust technologies in the healthcare market have supported the growth of wearable devices in the industry.
Witnessing all that, it can be said that wearable technology surely has a bright and promising future in the healthcare industry!
Examples of Wearable Devices in the Healthcare Industry
Now that we are aware of the growth of wearable devices in the healthcare industry, let us quickly discuss the use-cases of wearables in the aforementioned industry.
1. Fitness Bands
The first and most common type of wearable device that is prevalent in modern times is the fitness tracking band. It is the most popular and simple sort of wearable device that keeps a track of the user’s physical activities and heart rate. Besides that, the users can even manage their calls and messages directly from the fitness bands.
Some advanced bands even offer the users to control their music playlist by connecting the bands with an appropriate healthcare mobile app. Fitbit Flex is a popular fitness tracking band that has been popular amongst the common public for quite some time now. The users were fascinated by it because of its sleek design and advanced fitness tracking features.
2. Smart Watches
Another crucial wearable device that has gained much momentum in the healthcare market is smart health watches. What previously used to tell only the total steps walked, the smartwatches have now transformed a lot. The smart health watches today can analyze the user’s heart rhythm to warn them against any serious heart issues.
Moreover, many new wearable device brands are also using smart health watches to gain better insights into Parkinson’s disease. The smartwatches allow the users to answer calls, messages, and even control their other smartphone operations while offering them personalized health exercises and tracking benefits.
3. Wearable ECG Monitors
The next big application of wearable devices in the healthcare sector is the wearable ECG monitors. The wearables ECG monitors are the latest trend of electronics and what sets them apart from the other wearables devices is their ability to measure electrocardiograms (ECGs).
ECG is a vital test that detects the condition of the heart and arteries. With a wearable EG monitor, the users can seamlessly measure their ECG and can send it directly to their doctors. Besides ECG, the wearable device can even track the distances in walking, running, swimming, climbing, etc. for a healthier heart rate.
4. Blood Pressure Monitoring
Now that’s something very vital and a common aspect in the healthcare sector. Blood Pressure is a crucial component of our health, it can detect very much about our medical conditions. Even a small change in the normal readings of the blood pressure can make us ill.
Therefore, with a wearable blood pressure monitoring system the users can seamlessly measure their blood pressures along with total distance covered, calories burned, and so on. The wearable BP monitor even measures the heart rate and provides some useful health tips to control the blood pressure.
Last but not least, we have biosensors. Biosensors are not so prevalent in the healthcare sector as they are upcoming wearable devices and a lot different from fitness bands and smartwatches. These are patches that are stitched to certain parts of the humans that capture the heart rate, blood pressure, and respiratory rates while the user moves around.
Researches show that biosensors could possibly reduce the chances of cardiac arrest and other respiratory diseases by timely analyzing the health data and sending it to the medical experts. That demonstrates how wearable devices will be the future of the healthcare sector in improving the conditions of the patients.
Future of Wearable Technology in the Healthcare Sector
So, those were some of the benefits and user-cases of wearable devices in the healthcare sector. To conclude, we can say that digital healthcare is a growing sector today, and wearable devices have contributed a lot to its development. People today want to get personalized healthcare services, and wearable devices are the only way to provide that. And as the wearable market is surging, there will be a time when this robust technology will surely overcome all the roadblocks to become a significant part of the healthcare sector.
According to research by Business Insider Intelligence, the wearable market in the US alone will grow to a whopping 120 million by the year 2023. Witnessing such a huge opportunity, many healthcare brands have already started to invest in wearable device development. Do you wish to become a part of the same community? Don’t worry, we have got you covered!
Become a part of the digital community and build success for your healthcare brand. We, at Matellio, are a leader in providing robust and cost-effective healthcare and wearable solutions to a multitude of businesses. Whether you are a startup or a Fortune 500 company, our certified developers strive to deliver a proficient and user-friendly healthcare solution to satisfy your needs. From telemedicine apps to wearable devices, we offer all sorts of healthcare development services.
Have more questions? Reach us today, and witness profitable and smooth healthcare operations. Also, get a free expert consultation on your business idea.
Till then, Happy Reading!
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