How Wearables Have Infiltrated the Healthcare Market

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Headings…
How Wearables Have Infiltrated the Healthcare Market
As Technologies Advance, Fitness Trackers and Health Monitors Maintain Popu
Wearables Appeal to Businesses by Saving Health Insurance Costs
Healthcare Providers Leverage Wearable Medical Technology to Improve Medica
Wearables Offer Opportunities for Improved, Cost-Effective Care and Healthi

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An increasing demand from consumers to assess their health at any moment has driven the wearable industry’s massive expansion.
FitBits, Garmin Forerunners and Apple Watches track personal information such as heart rate, step count and sleep, providing consumers with data in real-time.
The wearable medical technology market continues to expand as consumer demand persists.
Companies are supplying employees with wearables to decrease healthcare costs and provide employees with personalized health information to support health consciousness.
Smartwatches and fitness trackers have dominated the consumer wearable market and will continue to maintain a dominance despite an increasing diversification of wearable technologies.
In 2009, Fitbit debuted as the first wearable device.
The following year, the most popular wearable hit the market.
More than half of people interested in buying wearable technology were interested in the devices to track physical activity and monitor personal health.
Wearables not only count steps and active minutes but also track sleep and monitor heart-rates 24/7.
With product proliferation and technical improvements, wellness-related wearable technologies are expected to sustain growth as consumers continue to pursue healthier lifestyles.
Wearables Appeal to Businesses by Saving Health Insurance Costs
Businesses can decrease health care costs through personalizing insurance plans by providing employees with wearables.
Wearables are no longer just counting steps, but also monitoring users’ blood pressures.
Instead, the provider will offer interactive policies that track fitness and health data through wearables.
Wearables enable doctors to track patients remotely, reducing transport and readmission costs.
Wearables provide new options for employee healthcare that incentivize healthy habits and reduce costs

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