Virtual Reality drives Medical Wearables Industry

Posted by Deeksha on October 16th, 2019

Technical innovations have assisted medical field in delivering quality care to people. Wearable devices have been used traditionally in medical field as hardware that monitors vital statistics such as heart rate Modern era has increased the number and variety of devices in commercial market that is being used by public. An intelligence report titled, “Medical Wearables: Beyond FitBit” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository.

Biosensors obtain biological data

Medical wearables provide data with help of features including augmented, mixed and virtual reality, pattern recognition and artificial intelligence. Sensors, microprocessors and smartphone interfaces form important components of medical wearables, enabling real-time medical data recording with help of wireless data communication. Sensors consist of measurement units such as gyroscopes and accelerometers, optical sensors, shock detectors, pressure sensors and microphones. Transmission of medical data from body area network takes place with help of Wi-Fi, LTE, 3G and other internet connections. Integration of optical and electronic biosensors with wearable devices provides real-time data regarding biochemical status of any patient. Biosensors are embedded in prosthetics, contact lenses and wrist bands to come in contact with biological tissue to obtain data.

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Simulated reality significant

Simulated reality platforms such as google glass 2 and HoloLens have gained significance in medical field. Many augmented reality applications aid medical patients to establish emotion recognition and behavioral self-regulation. Head mounted displays integrated with brain power system are used in treatment of autism spectrum disorder effected population. Virtual reality head mounted displays play vital role in treatment of amblyopia.

Medical wearables process vital statistics related to health and it requires additional safeguards to ensure lawful processing of this data. Availability of medical wearable and its applications worldwide has compelled countries to establish privacy laws to regulate processing of personal information. Medical identity theft is a major challenge before medical wearable industry where stolen heath related details are used to obtain fraudulent bills and medical assistance.

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Future of medical wearables depends on data protection achieved by various means including tamper protection, data encryption, authentication and end-to-end data integrity. Authentication protocols are compulsory for multiple party interactions including user-device, user-network and device network interaction.

Medical wearables: Report Synopsis

Quantitative and qualitative assessment exhort intelligence and overarching report on the Medical wearables. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Medical wearables. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on medical wearables.

An insightful and deep-dive assessment of the competitive assessment of the Medical wearables pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Medical wearables. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.

Medical wearables: Research Methodology

Primary sources and secondary sources propel intelligence report on Medical wearables that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.

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Joined: January 3rd, 2019
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