Opportunities for Wearable Technology in the Healthcare Sector

1. Opportunities for Wearable Technology in the Healthcare Sector Introduction The development of wearable smart devices has grown significantly in recent years due to the emergence of mobile medicine, the development of new technologies such as smart sensors, and the increasing penetration of personal health concepts. These smart Internet of Things (IoT) devices not only help people adopt healthy lifestyles, but also provide a constant stream of health data that can be used to diagnose and treat diseases, record and track and monitor metabolic status at source. Physical parameters. Wearable technologies have the potential to completely change the way health behaviors are monitored and are rapidly finding clinical implementation in patients with various types of diseases. Wearable technology: new ways to care for patients Wearable technology has shown value in entertainment, fitness and sports, but it is quickly penetrating the healthcare industry. Further advances in sensor technology and artificial intelligence (AI) are helping millions of people diagnose and manage chronic diseases and conditions using devices as small or as small as a coin-sized patch to wear on the wrist. It helps prevent diseases. . . . . According to a study, 320 million wearable health and fitness devices for consumers will be shipped worldwide by 2022. This number will likely exceed 440 million units with the launch of

2. various new devices. Are being released and more healthcare professionals are starting to use them. Most wearable devices, such as smart watches, now have heart rate monitors, and some are FDA-approved to detect abnormalities such as atrial fibrillation, a leading cause of stroke. As these devices become more sophisticated, the percentage of patients and consumers using them to manage chronic health conditions and diagnose chronic disease symptoms is likely to increase. This is expected to help sales of wearable healthcare devices exceed $195 billion by the end of 2027, with huge potential for medical equipment suppliers and related companies to capitalize on this opportunity. The future of wearable technology in healthcare While wearable technology is growing rapidly, the field is still in its infancy, offering high compensation potential for smart device manufacturers, especially in the healthcare sector. Thus, companies of all types, from giants to start-ups, are willing to invest and develop new wearable products with innovative designs and processes to meet the growing demand for medical wearable’s in the coming years. They were