Wearable Electronics in Health Care

by Parth AgrawalBiomedical Engineer & IOT Enthusiast

What is Wearable Technology?• Clothing and Accessories incorporating

Computing and Advanced Electronic Technologies.• Some Examples-

Source: http://people.rit.edu/sml2565/iimproject/wearables/index.html

General Perception about Wearable Technology

Wearable

Technology

Sources- http://www.123rf.com/photo_8566117 || https://www.imforza.com/blog/wearable-technology

We love Numbers!1. IOT Health Care market to hit 117 Billion $ by 2020[1].2. 7.6 Billion People and 75 Billion Connected Devices by 2020[2,3].3. 20% of all Americans own a Wearable Health Device and 80% of all

are aware of the presence of Wearables in the Market[4].4. With an opening of +52%, Fitbit was in the Top 10 Stock Debuts of

the year[5].5. 41% of the Wearable Owners have an Annual Income above

100,000 $[6].

Where do we fit in?• Government is under huge pressure from Health Insurance.• Prevention of the Disease would benefit everyone.• World is transforming from Curative to Preventive.• More people would buy Wearables if paid by Insurance.• Insurance not sure about the performance.• Companies not doing Clinical Studies extensively.• Most wearable companies are Start-Ups who fear FDA.

•WE know about technology, management & the FDA

You can Mail me your Questions at

parth1331@gatech.edu

Reference1. http://www.forbes.com/sites/tjmccue/2015/04/22/117-billion-market-for-internet-of-things-in-healthcare-by-2020/

2. http://www.businessinsider.com/75-billion-devices-will-be-connected-to-the-internet-by-2020-2013-10

3. https://www.census.gov/population/international/data/idb/worldpopgraph.php

4. http://mobihealthnews.com/37543/pwc-1-in-5-americans-owns-a-wearable-1-in-10-wears-them-daily/

5. http://www.cnbc.com/2015/06/18/fitbit-opens-52-higher-in-market-debut.html

6. http://www.forbes.com/sites/jenniferelias/2015/10/27/the-leftovers-part-i-the-cost-of-activity/