Why a Watch or Bracelet Might Save Lives Soon

According to a recent study published by Markets and Markets, the wearable medical device market is predicted to reach $14.1 billion by 2022 from USD 5.31 billion in 2016. Players in this highly competitive industry design and manufacture diverse technology, from blood glucose meters to heart monitors to pain management devices, but they have one thing in common: their field is exploding with innovation.

Changes in the industry did not happen overnight, however. Let’s take a look at how we got here and where we might be going.

The mobile health industry has been defined as “the generation, accumulation, and exchange of medical information through mobile and wireless tools.” As such, the industry’s history is intertwined with that of mobile tech in general, which includes basic tools from calculators to the later use of mobile phones.

It is difficult to pinpoint exactly when “wearable technology” began, considering that the 1600s saw the use of an abacus necklace, but the precursor to today’s devices is more closely associated with the advent of the calculator watch in the 1970s.

Today’s medical devices specifically are linked to the development of mobile computer technology. The crossover into medical use seems to have occurred with the advent of fitness monitoring, in the form of digital bracelets and other wearables that track heart rate and blood pressure, and from there the technology broadened to include glucose meters and other monitors aimed at the self-management of chronic conditions.

After their integration into wellness programs, these devices made their way into clinical settings, where they were used to provide more objective data. Over time, their use has evolved to include therapeutic devices for pain management, respiratory therapy, and insulin control; and diagnostics and monitoring services for vital signs, glucose, sleep habits, and even neurological activity.

The impact of medical wearable technology is potentially huge, for a variety of reasons: the devices are “user-friendly, unobtrusive, and ‘connected’ with features such as wireless data transmission, real-time feedback, and alerting mechanisms,” according to HIT Consultant.

In addition, their advantages extend beyond healthcare itself and empower patients to take ownership of their own health. Furthermore, they offer peace of mind to those who live alone as well as their loved ones, knowing there is an extra layer of security and “communication” available to the ailing family member. It also allows the individual with health concerns to maintain their autonomy.

While there are still issues to be worked out, including billing logistics and data use and related privacy concerns, the wearable medical device is volcanic in its growth and poised to disrupt the medical industry in the next several years. If some of these trouble spots can be smoothed out, there is “infinite opportunity for medical devices to transform healthcare” and “potential for them to become an instrumental part of our daily lives” by reducing healthcare costs, increasing peace of mind, and fostering ownership of our health and wellness.

For the latest news, videos, and podcasts in the Healthcare Industry, be sure to subscribe to our industry publication.

Follow us on social media for the latest updates in B2B!

Twitter – @HealthMKSL
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

smart climate control technologies
Polygon’s Smart Climate Control Technologies Transforms University Renovations
March 4, 2024

In the evolving landscape of university infrastructure, the push towards integrating smart climate control technologies is reshaping renovation projects. This innovative approach not only preserves the historical essence of educational buildings but also aligns them with contemporary standards of efficiency and sustainability. A standout example of this trend is the renovation of Baylor University’s […]

Read More
video collaboration
The Context of History Within Video Collaboration
March 4, 2024

In an engaging discussion hosted by Lauren Semenero, the Head of Customer Success at Jabra, Olly Henderson, the Head of Technical Solutions at Jabra delves into the history and evolution of video collaboration. From its inception as a luxury for the few to the widespread, internet-based platforms of today, Henderson highlights the journey from […]

Read More
the blockchain revolution
Heirloom Labs and the Blockchain Revolution
March 4, 2024

The blockchain revolution is stepping into the spotlight of e-learning, offering groundbreaking solutions for digital identity management. On the “Voices of E-Learning” podcast, host Leena Marie Saleh engages with Nick Dazé, the CEO of Heirloom Labs, to unpack this innovative technology. Dazé articulates how blockchain provides a secure, unassailable foundation for individuals to control […]

Read More
AirMedia
Neil Fluester Breaks Down the Crestron AirMedia with the PanaCast 50 at InfoComm 2023
March 4, 2024

A significant spotlight was cast on the evolving landscape of video conferencing and collaboration technologies, highlighting the strategic partnership between Crestron and Jabra at InfoComm 2023. Neil Fluester, Global Director of Technology Alliances at Crestron, and Josh Blalock, Chief Video Evangelist at Jabra, to delve into the synergies between Crestron AirMedia and the PanaCast […]

Read More