News

30/01/2023

HealthTech Industry Update |Growth of Wearable Technology in Healthcare and forecast 2023

Kurt Neubauer

Kurt Neubauer

We already had a newsletter concerning wearables what will be in 2022 and here now an update on
what was in 2022 and a forecast for 2023.


The healthcare and wellness industry is shifting toward regulated, personalised, and monitored
healthcare. In a short period, mobile devices have skyrocketed in use. With these advancements,
wearable devices such as – well-being tools, health monitors, fitness devices, and disease prevention
devices are becoming more vital in the healthcare field.

Popular e.g. applications are Google FiT, Apple Health App, and Samsung Health.


Here an 2022 overview


⌚of the growing use of Wearable technology in Healthcare and


⌚how wearable technology is used today


⌚what the future looks like for wearable technology in healthcare.


The wearables can be used as point-of-care diagnostic tools tracking, monitoring, supervising, and improving e.g.:


⚕️Activity and Health Status


⚕️Therapeutic Treatment


⚕️Diagnosis, screening, and monitoring


⚕️Patient management efficiency in hospitals


⚕️Fitness, ECG, Blood Pressure and other biosensor data


Future of Wearables in Healthcare 2023:

Using wearable devices for everyday needs is becoming an overall trend worldwide. According to a
study, there will be a significant transformation in the future of wearable wellness and connected
devices landscape over the next five years. Opportunities for advanced data analytics will grow
significantly.


⌚Integration with Electronic Health Records


⌚Implantable medical devices are one of the major growth areas for wearable healthcare devices.


⌚Concern about privacy and data security will grow, leading to the growth of opportunities for
improvement in this area


⌚ Healthcare institutions will see a significant increase in efficiency from remote data collection


⌚With the Internet of Things, AI and Wearable devices, healthcare can become more context-based
and automatic.


⌚Extended wearable products can be clothes, tattoos, small skin pad s and tags and many more

Using wearable devices for everyday needs is becoming an overall trend worldwide. According to a
study, there will be a significant transformation in the future of wearable wellness and connected
devices landscape over the next five years.

https://youtu.be/_iFIMyQJE84

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