Wearable Technology is the Access to Healthcare Future

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Wearable Technology is the Access to
Healthcare Future
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Wearable Technology is the Access to Healthcare
Future
Healthcare and Lifesciences industry is
metamorphosizing into an evolved,
digitally-advanced, technology-driven,
consumer-centric sector. As against the existing
uptightness toward digital adoption, the industry
is burgeoning with innovative solutions for
delivering enhanced care to the patients. Coming
out of its shell and dissolving the silos,
healthcare sector is openly and widely embracing
the digitally disruptive processes. This is
evident from the favorable statistics showcasing
that over 1800 hospitals in the U.S. utilize
mobile applications, while 92 of the hospitals
have a patient portal solution in place. As the
consumerism attitude is settling in amongst the
patients, they seek convenient healthcare. The
modern, tech-savvy, price-sensitive patients
expect first-class care delivery at minimal
efforts and affordable rates. A recent study by
Definitive Healthcare revealed that 70 of
consumers would rather use video consulting than
visit their primary care provider in person. With
the rising popularity of telehealth, mHealth or
digital health, hospitals are also equipping
themselves with the required solutions. 50 of
the U.S. hospitals offer the telehealth facility
to their patients. The remote patient monitoring
market is driven to become a 31.3 Billion
industry. This surge is proportionally resulting
in the proliferation of the wearables market,
which is projected to grow 15.3 over the
previous year to 198.5 Million units by the end
of 2019. Wearable technology in healthcare are
undergoing a shift from simply being fitness
trackers to real-time clinical monitors. This
evolving landscape is expected to result in an
annual industry-wide expenditure of 20 Billion
on health trackers and remote patient monitoring
devices by 2023. Smart watches, fitness trackers,
wrist bands, movement sensors, smart footwear,
wearable patches may seem like a luxury today,
but will define the healthcare industry of
tomorrow.
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Wearable Technology is the Access to Healthcare
Future
What is driving this rapid growth of medical
wearables? We are headed to a connected future.
Wearable devices are simply the enablers and
propagators of that tomorrow, especially in
healthcare, where telemedicine is slowly coming
parallel to in-person consultation. The
advancements in the Artificial Intelligence
solutions is further fueling the exponential
growth of the wearables. In addition to offering
convenient, home delivery of healthcare services,
these fitness-turned-clinical trackers armor care
providers to obtain data on real-time activity
and vitals of the patients. The extensive reach
of smartphones has further aided the growing
popularity of wearable devices. Instrumental in
prevention, monitoring, and treatment of a
patients medical conditions, connected wearable
devices in healthcare are utilizing IoT and data
analytics to enhance quality and expectancy of
life. The sophisticated sensors in these devices
collect patient data and transmit it over to the
care providers for optimal tracking of medical
conditions. This channel established by the
devices is particularly critical for monitoring
and responding to life-threatening conditions
such as cardiac diseases and Chronic Obstructive
Pulmonary Disease (COPD). Medical wearables are
looking extremely promising for adult and mental
healthcare delivery as they enable remote
monitoring and notify medical practitioners in
case of an emergency.
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Wearable Technology is the Access to Healthcare
Future

What is hindering their widespread
adoption? Data privacy remains the largest
obstacle on the road to widespread popularity of
medical wearable devices. Most users are not
comfortable with an AI-based sensor keeping
record of their every moment. Although there is
an increase in the people allowing these devices
to penetrate their privacy, there is still a long
way to go for wearable devices to become
mainstream. The concern of confidentiality is,
however, equal on both the fronts of care
receivers and providers. The healthcare sector
used to exist in siloed structure for the
protection of intimate data of the patients. Now
that they have emerged out of those silos, the
safeguarding of user data has taken even more
priority. Read Full Blog at https//www.cigniti
.com/blog/performance-testing-tools-devops/
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