{"id":3862,"date":"2021-10-21T13:34:00","date_gmt":"2021-10-21T13:34:00","guid":{"rendered":"https:\/\/www.tekrevol.com\/blogs\/?p=3862"},"modified":"2025-01-09T12:02:57","modified_gmt":"2025-01-09T12:02:57","slug":"wearable-technology-in-the-healthcare-industry","status":"publish","type":"post","link":"https:\/\/www.tekrevol.com\/blogs\/wearable-technology-in-the-healthcare-industry\/","title":{"rendered":"The Future of Wearable Technology in the Healthcare Industry"},"content":{"rendered":"

As the US population grows to a staggering number, the availability of healthcare services becomes a growing concern.<\/p>\n

Subsequently, the sector needs robust and far-ended solutions that make healthcare services available to even the remotest areas.<\/p>\n

That\u2019s when wearable technology comes into the picture.<\/p>\n

Although the potential of wearable devices is still untapped, the integration of wearable technology in healthcare can enable endless options for improved healthcare service provision: access to healthcare information, clinical decision-making, and health maintenance.<\/p>\n

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What is Wearable Technology in Healthcare?<\/h2>\n

Wearable technology in healthcare, in simple words, refers to the devices and applications that users can wear and help collect health and exercise data to make informed healthcare decisions.<\/p>\n

The devices may include Fitbits and smartwatches or other electronically powered devices that can help collect patient\u2019s health data and implement interventions accordingly.<\/p>\n

While the likeability for wearable technologies is already flourishing among the audience, the healthcare app development<\/a> for wearable devices is expected to grow further, with consumers showing significant interest in sharing wearable data.<\/p>\n

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How Does Wearable Technology Affect Healthcare?<\/h2>\n

The Association of American Medical Colleges reports<\/a> that there is expected an alarming shortage of physicians and primary nurses by 17,800 to 48,000 by the year 2034.<\/p>\n

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With the number of physicians available compared to the growing population and increasing health costs, wearable technologies help bridge the gap in healthcare services provision.<\/p>\n

When integrated into healthcare services, wearable app development<\/a> enables continuous monitoring of daily life\u2019s physiological, biochemical, and behavioral parameters.<\/p>\n

As per the report<\/a> by HIMSS that a majority population of healthcare professionals prefers wearable health devices to check the vitals, monitor health conditions, and track medications for their patients.<\/p>\n

On the flip side, 54%<\/a> of the users have portrayed interest in using wearable healthcare devices to track at least one health parameter.<\/p>\n

Leveraging the technology to enable better patient record-keeping and data management, wearable devices surely revolutionize the healthcare industry.<\/p>\n

The role of wearable health technologies in biometrics has also enabled retrieving different layers of varied information that cannot be measured directly, including sleep cycles, acute and chronic illness therapeutics, and more.<\/p>\n

Also, biometrics and wearable technology help detect and identify physiological anomalies, such as Covid-19 and atherosclerosis, enabling better treatment and healthcare provision.<\/p>\n

Besides, 35% of employers<\/a> use health wearable devices to promote wellness programs and reduce healthcare costs.<\/p>\n

Generating an approximate revenue of $20 billion in the wearable technology market in 2019, wearable health devices<\/strong> have been changing the ways to provide essential medical services.<\/p>\n

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Benefits of Wearable Technology in Healthcare<\/h2>\n

The health wearables are expected to be the innovative yet most-needed solution to improve the care quality, disease prevention, patient management, and improving mental health conditions to ensure research-backed clinical decision making.<\/p>\n

Here are some of the primary ways wearable health devices benefit the healthcare industry;<\/p>\n

1. Disease Prevention and Health Maintenance<\/h3>\n

In addition to significant health concerns like the Pandemic, the unprecedently growing elderly population in the US, making 46 million<\/a>, is a growing health concern.<\/p>\n

Health severities like chronic conditions, disabilities, and falls are standard in the older population; interventions to prevent these adversities have become a critical R&D topic.<\/p>\n

Subsequently, wearable health devices can be an optimal solution to address and manage these adverse health conditions.<\/p>\n

On a positive note, wearable devices have potentially improved the ratio of fall detection<\/a> in the elderly population, enabling reduced injuries and better management.<\/p>\n

2. Disease Management<\/h3>\n

From low-power wearable ECG devices to monitor heart rate variability to wearable sensors for Parkinson\u2019s disease and autism management, wearable device-based applications are helping in better management of diseases.<\/p>\n

Wearable devices are also helping healthcare professionals to provide improved diabetes care by keeping track of physical activity, diet, stress and sleep, medication, and more.<\/p>\n

3. Mental Health Monitoring<\/h3>\n

It is expected that wearable health devices can be optimally used to improve mental health management and monitoring.<\/p>\n

Research<\/a> highlights new systems can be developed to monitor mental health conditions with the help of wearable devices and machine learning techniques n<\/p>\n

Monitoring stress patterns, heart rate signals, and audio signals can help evaluate patients\u2019 mental health conditions.<\/p>\n

Some of the most preferred machine learning frameworks for stress monitoring include Support Vector Machine (SVM), with an accuracy of 93.4%.<\/p>\n

4. Sports Maintenance<\/h3>\n

Wearable technologies help improve healthcare services for sports professionals.<\/p>\n

From athletic training and coaching to matches, wearable devices have been used vigorously in maintaining athlete health.<\/p>\n

The devices are being used to monitor and record data from jump load, jump-focused training sessions, functional movements, heart rate, and other essential information to ensure maximum performance and optimal health.<\/p>\n

5. Research and Education<\/h3>\n

The healthcare industry keeps evolving, requiring new modifications and improvements for better patient management and care efficacy.<\/p>\n

Subsequently, the use of wearable health devices can help in improved research and public education.<\/p>\n

From the changing environment, role, and importance of healthcare professionals to medical science, pedagogical techniques, and many more aspects, wearable devices are expected to help with different essential healthcare aspects.<\/p>\n

What Are Some Examples of Wearable Technology in Healthcare?<\/h2>\n

Several wearable technologies are used to monitor patient\u2019s health conditions and collect data. However, the first wireless device in close contact with the user to collect health was a wireless ECG, developed in 1980.<\/p>\n

Subsequently, now there are several wearable devices commonly used to collect and monitor user\u2019s health data.<\/p>\n

Here are different wearable health technologies and what they monitor<\/strong>;<\/p>\n

1. Smart Health Watches<\/h3>\n

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Image source: Amazon<\/a><\/p>\n

Initially known to count daily steps, smartwatches have now transformed into smart health watches that are clinically viable with the integration of healthcare apps.<\/p>\n

Apple\u2019s smartwatch is one of the popular smart health wearable devices approved by the FDA to monitor heart rhythms and blood oxygen saturation.<\/p>\n

2. Wearable Fitness Trackers<\/h3>\n

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Image Source: Verizon<\/a><\/p>\n

One of the earliest and most preferred wearable devices, wearable fitness trackers are wristbands equipped with sensors to help track users\u2019 heart rate, step count, and other physical activity.<\/p>\n

The Fitbit instantly became a popular fitness tracking option for users with a sleek look to monitor their number of steps and daily activity.<\/p>\n

3. Wearable Blood Pressure Monitors<\/h3>\n

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Image source: Omron Healthcare<\/a><\/p>\n

Blood pressure monitors are another wearable device used by healthcare professionals to track patients\u2019 health conditions.<\/p>\n

The first BP wearable device was launched by Omron Healthcare, named HeartGuide, in 2019 to monitor patients\u2019 blood pressure and daily activity, including distance traveled, steps taken, and calories burned out.<\/p>\n

The wearable device can almost 100 readings and comes with an integrated mobile app, Heart Advisor, which transfers all the data.<\/p>\n

4. Wearable ECG Monitors<\/h3>\n

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Image Source: Gear Brain<\/a><\/p>\n

Wearable ECG monitors are commonly used to record patients\u2019 ECG readings and atrial fibrillation and send reports to patients\u2019 medical consultants.<\/p>\n

These devices also record patient\u2019s walking, running, track pace, distance, and elevation.<\/p>\n

5. Biosensors<\/h3>\n

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Image Source: Phillips<\/a><\/p>\n

Biosensors are the upcoming wearable health device to allow patients to collect their health data, including heart rate, physical movement, body temperature, respiration, and more.<\/p>\n

One of the most talked-about Biosensors is Phillips\u2019 self-adhesive patch enabling real-time data monitoring on patients. The research adds that the device has enabled 89%<\/a> of patient management to prevent cardiac or respiratory arrest.<\/p>\n

Read More: What Are Healthcare Solutions, & How Are They Changing The Digital Landscape?<\/a><\/strong><\/p>\n

The Future of Wearable Medical Devices \u2013 What More to Expect<\/h2>\n

There\u2019s no doubt that wearable technologies and devices in healthcare will revolutionize patient management and disease control.<\/p>\n

And this is the reason the technology is consistently surging to grow to a recognizable and preferred trend in the healthcare industry.<\/p>\n

Also, as healthcare becomes a growing concern for people globally, most healthcare professionals are investing in mobile apps for smartphones and wearable devices.<\/p>\n

What\u2019s more prospective for wearable technology is that approximately 75%<\/a> of users believe that wearable devices can help in taking healthcare services to an extended level.<\/p>\n

It incentivizes the conventional service provision by reducing healthcare visits and readmissions, enabling healthcare to reach even the remotest areas.<\/p>\n

Wearable healthcare technologies are also leaping to help with mental health services and maintain employees\u2019 work-life balance.<\/p>\n

So, the trend would influence users\u2019 lifestyles, enabling better profitability and more insights into patient data.<\/p>\n

However, the implementation and corresponding outcomes to be observed are a matter of time.<\/p>\n

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  • Are you interested in investing in wearable technology for the healthcare industry?<\/div><\/li>\n
  • Our team at Tekrevol can help you nurture your idea to strategize and devise the right investment plan.<\/div><\/li>\n