Doctor's Concern Health Care Healthcare Technology

How Wearable Technology influences the Healthcare Industry – 2020

Written by Mary Pooja

Wearables are adopted during a wide selection of fields however, the need for their significant potential in healthcare to address spiraling cost in healthcare, aging populations, and the burden of chronic diseases.

According to a Global Data forecast, “In 2018, the wearable tech market was worth approximately $23bn and is likely to grow to $54bn by 2023, witnessing a compound annual growth rate (CAGR) of 19.” The future of wearable technology is predicted to travel far beyond exercise trackers.

So from where it all starts?

  • Benefits for patients

Wearable smartwatches are used basically to detect pulse rate, sleep pattern, and more. Mainly it’s developed for providing support and benefits to the patients. This is frequently considered as the proper technology for people with chronic conditions requiring continuous monitoring. This enables us to make it easier to collect medical data regularly in order of the underlying disease which predicts accurately. Patches are often mounted on the skin to gather information. Such patches can present medical data in real-time in so as to draw a clear pattern. If a patient is required to be tracked every few hours, the utilization of such wearable patches is an alternative to hospitalization.

  • Medical Expenses

Hospital trips will take time and money to the patients. Wearables apps and devices developed by the upmost app development companies were seen to scale back costs for healthcare. This is applicable especially to patients with conditions like hypertension, diabetes, and others which require regular assessments. Effective health diagnosis would also help facilitate care and thus reduce treatment costs and complications.

  • Doctors and Surgeons Assistance

Doctors feel easier to diagnose the issues of the patients if they run into real-time data. The collected information helps to recognize the severity and thus allows doctors to prioritize cases. Wearable apps allow doctors to urge the real-time data. Wearables like Google Glass are found to be useful for surgeries in many cases. It helps in CT scanning and ultrasound images in needing of a more accurate picture of the target zone. There will be tons of advancements happening in the future and these are some few indicators of how the health care sector is changing with the assistance of wearable devices.

Advances in wearable technology and health applications, the increasing availability of less priced wearables, incorporating more health-related features and more sensors and consumer interest present a chance for the healthcare industry to enhance the standards of medical care that can’t be ignored. The success or failure of employing wearable technology to enhance medical care, however, hinges at least partially, on whether the healthcare industry judicially appraises the advantages and risks of wearable technology use in reference to objectives and goals before, rather than after, it becomes common.

Summary:

Some believe that wearable technologies could improve the quality of patient care while reducing the value of care, like patient rehabilitation outside of hospitals. The Large in data generated by wearable devices is both a challenge and an opportunity for researchers who can apply more (AI) techniques on these data to the future. Most wearable technologies are still in their prototype stages. Issues like user acceptance, security, ethics, and large data concerns in wearable technology still got to be addressed to enhance the usability and functions of those devices for practical use.

Sources:

https://www.intechopen.com/books/wearable-technologies/smart-materials-for-wearable-healthcare-devices

https://healthtechmagazine.net/article/2020/04/weighing-pros-and-cons-wearable-health-technology-perfcon

https://www.medicaldevice-network.com/comment/wearable-technology-in-healthcare-what-are-the-leading-tech-themes-driving-change/

https://medium.com/@clarasofia901/how-healthcare-industry-is-changing-through-wearable-technology-26b8ff39d343It

https://www.beckershospitalreview.com/hospital-management-administration/wearable-technology-and-its-potential-impact-on-the-healthcare-industry.html

About the author

Mary Pooja