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Earlier this year, Gartner estimated that revenue from wearables would hit over 30 billion dollars this year. Roughly 50 percent of that is generated by smartwatches. The industry has some familiar faces in longtime consumer tech developers like Apple.
Wearables are all about data. How far you walk. How many calories you burned. Your heart rate. What does this trove of data mean for public health? It’s got to be valuable right? Well sure, but some things should be considered.
People who own wearables aren’t exactly representative of the nation’s population. Wearable owners skew male and have a higher average income than the general population. There are also no standards for reporting, and no central database for the information. Models have been prevented, and most include a lot of data mapping to standard semantics, which would enable analysis and segmentation of the information.
The data associated with wearables could be both useful and detrimental for an individual. A handful of studies like one being conducted by Apple and Stanford could crack the code to widespread preventative medicine.
We discuss these issues and more in the first episode of On Call with AngelMD with special guest Dr. Wendy Whittington.