Benefits and Challenges of Using Wearables in Clinical Trials and Market Research - PowerPoint PPT Presentation

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Benefits and Challenges of Using Wearables in Clinical Trials and Market Research

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Title: Benefits and Challenges of Using Wearables in Clinical Trials and Market Research


1
Benefits and Challenges of Using Wearables in
Clinical Trials and Market Research
  • The introduction and mass adoption of wearable
    technology have significantly impacted the
    amount and quality of data available for clinical
    trials and healthcare market research. Just like
    any other technology, these devices
    effectiveness and quality can vary, however,
    their sensor technologies have advanced to
    satisfy the demands of several clinical research
    projects.
  • Additionally, wearables enable the generation of
    longitudinal biometric data sets that can offer
  • special insights into the long-term, in-depth
    effects of pharmaceutical therapies and
    therapeutic programs. Simultaneously, there are
    certain challenges associated with the use of
    wearables in clinical trials, including data
    validation, processing and analysis of enormous
    amounts of data, and data security. Irrespective
    of that, it is safe to assume that wearable tech
    deployment and utilization will prove to be a
    solid market research methodology. In this blog,
    we will discuss how the use of wearables in
    clinical trials and medical research can help
    your organization, as well as some of the
    challenges you can expect. Lets get started.
  • Key Benefits of Wearable Technology in Clinical
    Trials and Market
  • Research
  • Smartphone applications, chest straps, sports
    watches, patches, and other wearable monitoring
    devices like pulse oximeters are common examples
    of consumer healthcare wearables. These devices
    use smart and/or GPS technology to track users
    physical activity and collect vital health
    information like heart rate, respiration rate,
    blood oxygen saturation level, and body posture.
    The major benefits of using wearables as a part
    of your research methodology in health, include
  • Real-time data Wearables are great tools for
    gathering fresh, unbiased data in a simple
    manner, while also reducing overall expenditures
    and enhancing the efficiency of the trials.
  • High efficiency The bulk of wearable
    tech-powered trials have demonstrated that using
    wearable devices increases efficacy by reducing
    the time spent at healthcare sites and the
  • number of staff members required there.
  • Effective decisions As professionals have access
    to patient-health data before patients arrive at
    the clinic, they can make decisions early and
    notify the latter about potential health concerns
    more quickly than ever.
  • Observational studies Data aggregation from
    wearables offers numerous previously
    unattainable opportunities for larger
    observational studies. This could result in
    brand-new
  • theories for prospective interventional studies
    that could be applied to enhance patient care by
    introducing novel protocols and therapies.
  • Efficient patient phenotyping The possibility
    exists for more detailed patient phenotyping,
    which would enhance the inclusion and exclusion
    criteria required to demonstrate efficacy and
    safety.

2
  • Effective post-market research The effectiveness
    of post-market research may also be improved
    when a wearable device is employed during
    numerous trial phases.
  • Challenges of Wearable Technology in Clinical
    Trials and Market Research
  • The rising use of wearable tech in clinical
    trials comes with massive benefits. However, at
    the same time, there are certain challenges that
    haunt healthcare industry players. Below, we
    highlight the main challenges of using wearable
    tech in market research and clinical trials
  • Data privacy and security Organizations have to
    figure out how they can keep patient data
    secured.
  • Data validation and accuracy It has to be
    ensured that patients wear the device at all
    pertinent periods during the research phase
    without tampering with it or causing a hindrance.
  • Ethical problems Obtaining ownership and
    authorization of the patient data generated
    during the clinical trials. Organizations must
    be honest about how they intend to use this data.
  • Supply chain abnormalities Unexpected supply
    chain constraints may influence the delivery and
    maintenance of the devices, which makes it
    necessary to cooperate with suppliers who have
    the flexibility to adapt to rapidly changing
    conditions.
  • Logistic issues This includes the practical
    issues involved in a successful global rollout of
    unified mobile health technologies.
  • While clinical researchers must take into account
    how these difficulties may affect their choice
    of market research methodology in upcoming
    trials, a well-organized supply chain management
    system can greatly reduce the unfavorable effects
    of remote trial and market research.
  • Final word
  • Todays generation is undergoing a significant
    shift towards a digital lifestyle. Consequently,
    new opportunities are opening up for healthcare
    organizations. They can now tap into multiple
    data sources to identify new market opportunities
    using mixed-methods research in healthcare. It
    is crucial to find the ideal type of health
    research methodology to gain the right kind of
    insights that will enable your company to cater
    to the changing sentiments and preferences of
    your target audience. When it comes to choosing
    the right health services and outcomes research
    methodology, having an experienced qualitative
    and quantitative market research firm by your
    side helps. Unimrkt Healthcare has an experienced
    team of research professionals that are equipped
    with extensive knowledge and skills in designing
    and implementing the latest market research
    methodology to meet your requirements. To learn
    more about how we deploy
  • different research methodologies in healthcare,
    call 91 124 424 5210 or
  • email sales_at_unimrkthealth.com. You may also fill
    out our contact form, and our representatives
    will get in touch with you at the earliest.
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