Technology to Monitor Wellbeing
Implications - Many consumers eschew long hospital waiting room lines in favor of digitally monitoring their health on a day-by-day basis. Self-diagnosing continues to rise, and as many individuals lack healthcare, digital health trackers can help novices accurately maintain statistics on their well-being.
Trend Themes
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Digital Health Tracking — As consumers become more aware and involved in their healthcare, digital health tracking provides an opportunity to accurately maintain statistics on their well-being.
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Mobile Health Apps — Mobile apps present an opportunity to track and manage health in real-time, offering up the possibility to track heart health, exercise, and even how much money has been saved by walking.
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Body Metrics Monitoring Devices — Monitoring devices for tracking body metrics such as BMI, weight, organ fat, and muscle mass provide an opportunity for consumers to track their health progress without medical intervention.
Industry Implications
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Healthcare Industry — The healthcare industry can benefit from providing more digital health trackers and promoting the use of mobile health apps for tracking consumption, exercising, and heart rate.
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Fitness Industry — The fitness industry can take advantage of the opportunity to provide monitoring devices to track body metrics for clients, and introduce further digital products that incorporate customer wellness in day-to-day tracking.
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Consumer Electronics Industry — The consumer electronics industry can leverage these trends by exploring opportunities with wearable technology and partnering with healthcare providers to embed digital health trackers in everyday technology.
