There has been a considerable uptick across the board in demand for health monitoring smartwatches, particularly among younger consumers.
Apple is now in the driver’s seat in the smartwatch business, but internet titans Facebook and Google aim to enter the fray very shortly, maybe as early as 2022. Apple is expected to continue to dominate the market for smartwatches for the foreseeable future.
There is no doubt in anyone’s mind that COVID-19 has exerted a considerable amount of impact on the market. Customers now want devices that can measure their health indicators rather than traditional fitness trackers. Particularly regarding the patient’s temperature and blood pressure, locate any potential issues as fast as possible.
According to the findings of a survey that Rock Health carried out in the year 2019, the market thirst for digital health devices had an increase in adoption that was 9 percent greater than the level seen the previous year. The acquisition of smartwatches by customers that are capable of monitoring not only their fitness but also their health is becoming increasingly popular.
The growing number of people who use these kinds of gadgets has contributed to an increase in the demand for wearables. Particularly prevalent in this demographic is the trend of older citizens purchasing goods made by firms such as Apple and Fitbit, Garmin, and Samsung. The great majority of corporations have begun to provide holistic medical treatment options for their patients. Some also include extra capabilities such as monitoring temperature, stress, blood pressure, and electrocardiograms. Others monitor other vital signs. It has been reported that Fitbit has begun undertaking research on the subject of monitoring blood pressure as well.
The capacity of contemporary wearables to track a person’s health has quickly become one of the functions that consumers are most interested in having. The provision of data that complements the efforts of athletes and other individuals interested in physical fitness while they are working out is only one of the many benefits that may be derived from this. It is beneficial to all persons in that it sheds light on prospective conditions, which helps them. The pandemic has impacted the population of the world, and as a direct consequence, all of us are more concerned about our health in general. As a direct result of this, there has been a noticeable increase in the total number of smartwatches that have been sent.
Wearable technologies with a lengthy shelf life are ones that are both cutting edge and incorporate the most recent advances in medical technology. Companies are constantly working on creating new features to advance new versions of their health watches as a direct response to the growing demand for health watches. As a direct consequence of this, we have seen a decline in the amount of recurring revenue generated by our existing customers.
How are the most prominent brands evolving?
Before making its software available to the general public, Fitbit first wants to receive regulatory approval and clinical validation for it. The objective is to detect potentially serious health problems like atrioventricular fibrillation and sleep apnea as soon as they become apparent.
Apple is currently hard at work creating a game-changing iPhone feature that will be able to diagnose Parkinson’s disease. This functionality is projected to be launched later this year. We expect that Apple will eventually incorporate this into the Apple Watch sometime in the foreseeable future.
It has been the subject of a rumor that even Facebook is working on a health-tracking smartwatch, with the expected year of release being 2022.
The use of accelerometers is rapidly spreading around the world. The diagnosis of tremors and seizures could potentially benefit from its utilization in some cases. Epilepsy, along with other conditions, is given a higher priority in terms of consideration, attention, and care. Not only may smartwatches identify the signs early on and have the potential to avoid long-term health damage, but they can also operate as an emergency notification system. Smartwatches are becoming increasingly popular. Making use of fall detection features so that pre-determined contacts can be notified and medical assistance can be obtained in a more timely way
Research is currently being carried out to determine how senior individuals (those aged 65 and older) interpret their experience with using smartwatches. The preliminary findings of this study indicate that persons of this age group have a favorable opinion of smartwatches in terms of their ability to help in an emergency. On the other hand, the use of smartwatches is linked to an increase in the amount of time spent being physically active and a reduction in feelings of isolation. This is being done to domesticate the use of smartwatches, which is the goal of the research currently being carried out. There is a reason for cautious hope even though this traditionally resistive to technological change may finally come around to the idea of wearables.
[Investigating the subject of research on PD in further depth] The following is what Jason Hassenstab  of Washington University says that
“For years, they have been reading from the tech-enthused section of researchers about the unmet promise of wearables.”
This capacity is being swiftly recognized, which is something that we can regard as a positive event for ourselves.