Patient health monitoring via wearable devices is set to revolutionize the healthcare industry over the next few years.
According to the Institute for Health Studies, Wearable Technology - Market Assessment, roughly 50 million wearable units will be sold in 2014, and more than 180 million are predicted to sell in 2018. Wearable devices create new ways to connect and monitor patients.
The recent announcement of the Novartis-Google partnership to create a new contact lens that will measure blood sugar levels (Google smart contact lens focuses on healthcare billions) illustrates that the convergence between technology and medical science will certainly become a reality.
Google is not the first, and certainly won’t be the last company to focus on innovative health monitoring. This announcement follows the recent launch of the Google Fit platform that monitors health factors including exercise, diet and amount of sleep. Apple and Samsung offer similar solutions, and there are a number of apps and wearable devices available today that measure everything from BMI to fertility.
Cordata Question: Would you provide a device to the patients you are navigating to monitor information about them? Answer our survey question here.