As the world progresses newer and newer technologies come out in the market and change the trends of the markets. One such revolution came when the wearable tech came equipped with medical monitors and the health and fitness trends have never been the same.
Wearable fitness technology has strongly laid its foundation in the current generation of users and more than 80 percent of the consumers are willing to use wearable tech as it allows the users to better track their health progress. A fitness tracker like the FitBit one has been one of the most successful of the wearable tech and given rise to some of the most amazing trends in the tech field. From health watches to biosensors you name it and the wearable tech has it. This new trend will be benefiting insurers, health providers to better track and record medical history and bring to fruitful use when necessary. Insurers can lessen the rising cost per patient by using wearables as a means of increasing customer lifetime value. Wearable technology incentivizes behavior that reduces hospital visits and readmissions due to poorly managed personal health - 75% of users agree that wearables help them engage with their own health.
US consumer use of wearables increased from 9% to 33% in just four years, and this number will continue to grow as wearable technology becomes more conventional. Moreover, device connectivity will expand as more accurate wearable sensors are developed, opening the door for insurers and employers to influence healthy lifestyles and boost profitability.
Tags : wearable medical tech, FitBit, Wearable fitness technology,