Wearables and HealthIT | Healthcare and Technology news | Scoop.it

The market for healthcare wearables is expanding and is now going beyond smart watches and fitness trackers. In a study by PWC, it was noted that consumers are now showing solid support for wearables, with almost 60% seeing value in connected fitness bands, watches, eyeglasses and clothing. And health remains the No. 1 reason that consumers are buying these devices.

 

In a prediction by Tractica by 2021, healthcare wearables will be worth $ 17.8 billion. This could potentially be true with devices like Fitbit, Jawbone, Nike and the like’s going beyond fitness tracking, typically mounted on the wrist, ankle, or belt—track the physical activities of the wearer, including steps taken, stairs climbed, sleep hours and quality logged, and distance traveled. But wearables are now going beyond all of these fitness monitors.

 

There could soon be medical sensors that could be made to track health from inside, with this new technology patients will be able to ingest the sensors in the form of a pill and once the work is done, the pill will dissolve. The aim behind an ingestible capsule is that make the operation of tapping vitals, a simple task without the need of wearing a band or a device.

 

There are talks of IBM creating chips that are a piece of software that can be implanted into the brain to prevent seizures. There’s also talk of stomach acid being used to power batteries. In reality, there is no telling where this rapidly paced industry will head to next.

With so much happening on the wearables front and a lot of data being generated, the future could see doctors studying both medicine and statistics.

Key benefits of wearables include:

  • Easy monitoring of patients: This is especially true for patients with chronic ailments, who need to be in constant touch with the vitals, they need to be aware of any sudden change in vitals that could impact their health
  • Reduce Care co-ordination: Reducing the demands on family doctors and other primary care providers. The knock-on benefits could be even greater: by improving quality of care, reduced hospital admissions and bed stays.
  • Data analytics and big data: with the use of data so collected, the research work on various diseases and ailments has been expedited. The analytic s allows for an in-depth study of the vitals and helps in making decisions for providers.
  • Reduce costs: with easy patient monitoring and reduced care coordination the costs of hospitalization have reduced considerably.