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Thursday, February 22, 2024

The Impact of Wearable Technology on the Healthcare Industry

The field of healthcare has seen remarkable advancements over the years and one such area that is changing the game is wearable medical devices. These are any apparatus or appliance which are worn on the body or incorporated into clothing and accessories to monitor and improve an existing health condition.

These devices use biosensors to collect biological data from a patient, including heart rate, blood pressure, sleep patterns, or blood sugar levels. These are typically used by individuals with diabetes, heart conditions, and hearing impairments, as well as those looking to follow their fitness performance.

The combined wearable technology market value was expected to be $28.3 billion and is expected to reach over $197 billion by 2030. This technology has revolutionized the way healthcare is now delivered and managed. This technology has been seamlessly integrated into our everyday lives and has revolutionized the way healthcare is now delivered and managed.

Applications of Wearable Healthcare Technology

You can now receive real-time health insights with this wearable technology and there is a demand for wearables to expand in the next few years. Some of the possible applications include:

Fitness and Wellness

There are around 67 million smart wearable device users in the US, making smartwatches and fitness trackers some of the most popular technology around. These are used to track physical activity and vital signs to help users maintain and improve their health and fitness goals. They can measure heart rate, steps taken, and other metrics like the number of calories burned.  

Medical Treatment

Wearable electronic devices incorporate sensor optics to monitor vital signs and transmit biodata directly to healthcare providers. This technology has then been developed for use in medical health plans and equipment such as ECG monitors, insulin pumps, and hearing aids. These are useful for patients with chronic illnesses as they can provide alerts for timely medical attention.

Emerging Trends and Opportunities for the Future

There is a rising demand for wearables that is expected to continue over the next few years as consumer interest increases. By 2025, it is expected that smart wearable users will grow to 93.7 million with particular focus being placed on biosensor technology and textiles. This is to create smart clothing to create garments that monitor all sorts of health data and activity levels.

There is also the opportunity to revolutionize healthcare by using virtual reality tech that can be used in pain management, surgical training, and mental health treatment. Not only will this impact the way that patient’s pre-existing medical conditions are managed but can encourage others to make healthier lifestyle choices.

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HBC Editors
HBC Editorshttp://www.healthcarebusinessclub.com
HBC editors are a group of healthcare business professionals from diversified backgrounds. At HBC, we present the latest business news, tips, trending topics, interviews in healthcare business field, HBC editors are expanding day by day to cover most of the topics in the middle east and Africa, and other international regions.

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