Health innovations such as wearables and their apps offer new means for consumers to manage their health and wellness. These innovations also disrupt traditional health and wellness product manufacturers and redefine relationships between consumers and their care providers. The focus is to examine new wearable products from multiple perspectives, analyzing consumer use cases for health and wellness management and care provider use cases for patient monitoring in and outside of the home.
The goal of technology is to make life easier, more efficient. As humans, we always search for ways to be healthier and happier. The current trends in the wearables market are poised to make fitness and health a more trackable and “rewarded behavior.” Companies are creating programs to help you get and stay healthy
Key Points:

• About 1,600 of the company’s 8,000 U.S. employees use different types of consumer-grade wearable devices, such as Fitbit or Apple Watch, to measure how many steps they take and to generate other fitness metrics.
• Companies (mainly in the US due to the incentives to reduce insurance costs, absenteeism with their employees) are promoting physical activity and offering programs and wearables that help on the goal of having their employees fit;
• One-half to two-thirds of U.S. employers with 15 or more workers have instituted some type of wellness program. That translates into 586,000 companies.
• Individually-adapted health behavior change physical activity programs have demonstrated success and can be offered in the workplace (35% increase in the amount of time individuals spend in physical activity).

Increasingly, smarter wearables generate new and meaningful data that can help people find time and motivation to practice a sport or physical activity even with the demands of work. Each person has different needs and technology must be a fit for them individually, helping them to exercise during the most convenient time but offering them also good guidance to do it often alone and without a trainer. Smart wearables technologies go beyond “big data” focusing on “relevant data” to provide valuable insights and guidance to users.
The analysis provides an update to the five-year global forecasts of health and wellness wearables unit sales and revenues.