Upgraded Luxe Smartwatches

The Apple Watch Series 4 is an FDA Approved Health Device

The Apple Watch Series 4 is the newest smartwatch by the tech giant and showcases considerable improvements to the longstanding luxury smartwatch. Unveiled at Apple's Gather Round Event, the new Apple Watch Series 4 features a larger display and a host of hardware upgrades. First and foremost, the newest iteration of the smartwatch utilizes a dual core 64-bit S4 processor. This allows the watch to run twice as fast as its predecessors and run multiple apps at once.

The Apple Watch Series 4 also comes equipped with a new set of health features, including a motion sensor that can track when the user falls based on motions. This feature also notifies emergency services if the user is immobile for over a minute. The watch even features a built-in ECG and has been approved by the FDA as a proper medical device.

Image Credit: Apple

Health-focused Wearables
Wearable technology that incorporates medical device features, such as the ECG monitor, with consumer-level smartwatches will become increasingly popular.
Increased Processor Power
As smartwatches become more like mini-computers, there will be a greater need for faster and more efficient processors.
Multi-use Wearables
The ability to run multiple apps at once will push wearables to become more diverse in their offerings, making it a more versatile device for consumers.

Who This Affects Most

Technology
Technology companies will need to develop more sophisticated wearables to compete in the increasingly popular market of health-focused wearable technology.
Healthcare
Hospitals and healthcare providers can integrate the data provided by wearable technology to better monitor patients and provide more accurate diagnoses.
Fashion
Fashion companies can incorporate functionality into their designs to appeal to consumers looking for multi-use accessories.
SCORE
3.7 out of 10
GENDER
50% Men50% Women
MARKETTop markets: North America, Europe, Asia
GENERATION
  • Gen Alpha
  • Gen Z (primary audience)
  • Millennial (primary audience)
  • Gen X (primary audience)
POPULARITY
Popularity 58%
Activity 45%
Freshness 8%

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