Lifestyle Diseases—Could Wearables Be the Solution?

Convergence of Wearables and Analytics Drives Health Outcomes and Unique User Experience

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Increasingly, the connected nature of humans is driving the Internet of life (IoL). The IoL is driving wellness, integrate life and living (WILL). The key driver for the quantifiable self is wearables, which are poised to disrupt every facet of the healthcare system. However, tracking personal health data in real-time opens up privacy and security vulnerabilities that needs to be effectively managed.

Table of Contents

Executive SummaryExecutive Summary5 Industry Trends that Define the Future of the Wearables MarketThe Next Major Havens in the Wearables SegmentWearables—Game Changers and Their Impact on the Future Landscape Top Opportunities for Health WearablesTop 5 Things a CEO Should Know about the Wearables MarketMega Trends to Micro Booms—Definitions and Tie-insMega Trends to Micro BoomsConvergence of Mega Trends Micro Booms—Actionable Insights FrameworkIntroduction—Scope and SegmentationScope of the StudyMicro Boom Research MethodologyFirst Base—Business IssuesBusiness IssuesBusiness Issues—Internet of Life (IoL) Drives Prominence of Wellness, Integrated Life, and Living (WILL)Fragmented Health System Transition to Internet of Life PlatformsTechnology Penetration Aiding Internet of LifeThe IoL EcosystemWearables Aiding in Outcome/Value-based ServicesWearables Alter Industry Structure and Open Up Alternate Revenue StreamsEvolution of Healthcare WearablesSecond Base—Growth OpportunitiesGrowth OpportunitiesGrowth Opportunities—Wearables Poised to Address Health Issues of Both Young and Old Population across the GlobeRising Inefficiencies in the Healthcare Delivery NetworkWearables for Health Needs of Old and YoungDeveloped Nations Aging RapidlyAging Trends Disproportionately Affect Developed EconomiesAged Care—Key Markets of InterestActive Population Share is Biased toward Developing EconomiesIncidence of Pre-mature Deaths Due to Chronic Diseases is Phenomenal in Developing NationsMarket Potential for Fitness TrackersMarket Potential for Wearables as Self-managed-care Solutions in Next DecadeKey Addressable Markets for Wearables The Next Big Opportunity for WearablesSegments for Innovation for Wearable ManufacturersThird Base—Strategy and InsightsStrategy and InsightsStrategy and Insights 1—The Wearables-analytics Symbiotic Relationship Will Drive the Healthcare of the FutureWearables ArchitectureWearables + Analytics—The Grand Alliance of the Healthcare SectorBenefits of Wearables PaaS—Data and AI-driven Outcome-based CareWearables + Analytics—Major Impact Across the 7 P’s of HealthcarePayers—A Case of Fitbit Reducing Insurance PremiumsProviders—Qualcomm Partners with Da Vita to Bring Healthcare HomePrescribers—Wearable ViSi Mobile System Enables Remote Monitoring PatientsPatients—Effective Diabetes Management Using Pancreum WearablePharmaceuticals—Case of Wearables Helping Clinical TrialsHealthcare Wearables Segment—CAMP IndexStrategy and Insights 2—Paradigm Shift from Acute Care to Home Care Will Drive Demand for Wearables in Countries with High Aging PopulationAging Population—A Concern for the Developed WorldAging Well—Shift from Hospital Care to Home Care in the United StatesWearables for the Ageing Population Facilitating Home CareStagnation in Caregiver Growth to Boost Tech AdoptionWearables and Artificial Intelligence (AI)—Future of Home CareJapan—An Early Adopter of Revolutionary Robotic and Wearable TechnologyPepper—Robot from Softbank Debuts as the First Humanoid RobotMajor Participants in the Home Care SegmentStrategy and Insights 3—Cybersecurity Will be the Cornerstone for Wearable-driven Healthcare Revolution of the FutureWearables are Not Immune to Cyber AttacksMost of the Healthcare Asset Classes are HackableSecurity Breaches Emphasize the Need for Cybersecurity in HealthcareHealthcare’s 3 Critical Segments—Data, Network, and Device Defense-in-Depth Approach to CybersecurityFDA’s Draft Recommendations on Cybersecurity ManagementCyber Threats in Healthcare-related SystemsAnalysis of the Effectiveness of Security ControlsCybersecurity Segment—Key Participants and SolutionsCybersecurity Segment—Key Participants and Solutions (continued)The Last WordThe Last Word—4 Big PredictionsLegal DisclaimerAppendixHealthcare Services are Becoming More Organized and Easily AccessibleWearables—Bridging the Healthcare Access GapWearables + Analytics as Solution—One Step Ahead of Tele-healthUse Case—Medtronic Disrupting Cardiovascular and Psychology SpaceCase Example—FitbitCase Example—ProteusCase Example—VivametricaImportant Definitions




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