The Premise:
Wearable Technology has leveled up in a short span of time by playing a crucial role in supporting physicians and other medical professionals to monitor patient’s health remotely. Being capable of alerting doctors or concerned persons in the case of health emergency issues, Wearable IoT devices have moved much ahead to drive substantial value to both the doctors and patients.
The Market Stats:
With the market value of USD 18.4 billion in 2020, as we see that the global healthcare devices market would register a growth of USD 46.6 billion by 2025, it could be known that Wearable IoT devices are one of the most impactful applications of the healthcare industry. Estimated to rise at a CAGR of 20.5% during 2020 – 2025, it could effectively empower individuals with the required information for controlling their behavior and tasks resulting in better health outcomes.
The Driving Forces:
But how does the amalgamation of IoT and Wearable Devices Influence the Healthcare Industry?? Let’s have a look at the few major influencers –
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Data Sharing Via Cloud Technology:
The Wearable IoT devices have the potential to keep the device data orchestrated in regulatory compliance via the cloud, facilitating the patients’ devices to transmit vital data in real-time to healthcare providers.
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Better Integration of Information:
With Wearables IoT devices, the healthcare solution providers get the benefit of streamlining medical information systems that further helps leverage the required information by integrating it into innovative medical systems.
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Robust Security and Compliance:
IoT-driven wearable devices comply with HIPAA and other significant data security and regulatory requirements. It uses robust and secures mobile networks to provide substantial protection to sensitive patient data.
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Improved Functionality of the Medical Device:
The wearable devices based on IoT let you access the complete usage data to provide a correct understanding of how the products/solutions are being used. This further helps in making improvements and enhancements to the device and its features.
Wearable IoT Devices carry huge value as they help individuals monitor workout routines and let users know when breaks are necessary. Moreover, they can help to share data with any smart device, be it a smartphone or smartwatch. This way of health monitoring could prove essentially valuable for those who tend to ignore their health.
The Merits Corner:
Now, as we have learned, the ways Wearable IoT devices helped evolve the Healthcare industry. Let’s have a look at what specific benefits it offers –
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Real-Time Health Monitoring:
Being powered by IoT, Wearable devices provide for real-time health monitoring of the different aspects like the calories burnt, heart rate, and others. This helps individuals keep track of their health statistics, and on the other hand, it allows healthcare professionals to monitor the real-time health of their patients.
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Useful Alerts & Notifications:
IoT Wearable devices help the patients closely monitor as well keep a tab on their health status by facilitating you with timely alerts and notifications regarding potential health indicators, medicine time, and more such aspects.
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Conveying Required Information:
The healthcare providers could get their patients’ health-related information with Wearable IoT devices, thereby effectively understanding the patients’ conditions for effective treatment.
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Social Media Compatible:
Being a heavily popular aspect nowadays, the Internet of Things combined with Wearable Devices allow consumers to connect with the different social media platforms, hence also encouraging others towards a happy and healthy life.
This way, the Wearable IoT Devices help enhance the visibility into pertinent aspects of an individual’s health status, driving him to undertake informed decision-making concerning their health. Through this, it could be rightly known that the Wearable IoT Devices could smoothly facilitate remote monitoring of the different vital signs and health statistics. Furthermore, Wearable Healthcare Devices support the concept of improved quality of life by enabling the healthcare providers and the healthcare facilities to stay connected to the patients. Resultantly, also allowing the patients to have increased visibility into their health status.
The Conclusion:
To conclude the topic, it could be truly stated that the healthcare industry is progressively and regressively shifting towards adopting IoT-enabled healthcare wearables due to the concern of rising healthcare costs. Packed with opportunities and unlimited scope, no time could be better to harness the maximum benefits out of this. Teksun Inc, being active in this domain of business, could rightly help you take advantage of the prevailing opportunities. Connect with us, and get access to a range of cutting-edge solutions, advanced technologies, professional expertise, and sustained support for any of your Wearable IoT Device-related projects.
