Frost & Sullivan: Quantified-self Technologies Set to Transform Personal Health
Photo - http://photos.prnewswire.com/prnh/20140821/138696
New analysis from Frost & Sullivan, Sensor Technology Innovations Enabling Quantified-Self, finds that wearable technology has gained considerable traction especially in the health and wellness industry. Increasing momentum in the use of sensor-enabled wearable devices promises more design opportunities in the future.
For complimentary access to more information on this research, please visit: http://bit.ly/1BWbUxW
"The miniaturization trend has quickened development of improved and innovative wearable devices such as smart watches and smart glasses that monitor athletic performance and health," said Technical Insights Senior Research Analyst Sumit Kumar Pal. "Quantified-self facilitates the tracking of diet, sleep, heart rate, activity, exercise and moods and allows individuals to gain better insights on physiological parameters that were never examined earlier."
As healthcare is one of the main industries impacted by the quantified-self movement, acquiring accurate data and ensuring seamless interoperability are key challenges. In addition, data sharing among health services and pharmaceutical firms raises privacy concerns. Healthcare companies must ensure that data collected from clients is not shared without direct consent.
User perceived benefits will be another critical factor in the success of quantified-self products, along with affordability. To get the healthcare industry further involved in quantified-self, enhancing the connectivity of wearable devices with technology companies to support data exchange will also be crucial.
"Stakeholders are exploring other ecosystems with which quantified-self can be integrated," added Pal. "Technological advancements in energy harvesting for mobile and wearable devices as well as in social networking dynamics will push the quantified-self industry into the next stage."
Sensor Technology Innovations Enabling Quantified-Self, a part of the Technical Insights (http://www.technicalinsights.frost.com) subscription, offers technological and market insights on sensors enabling quantified-self. Along with a snapshot of the technology's global footprint, the study discusses patent publishing trends, R&D focus, funding, and the impact of mega trends to provide a complete view of quantified-self technology. Detailed technology analysis and industry trends evaluated following extensive interviews with market participants.
Technical Insights is an international technology analysis business that produces a variety of technical news alerts, newsletters, and research services.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Contact Us: Start the discussion
Join Us: Join our community
Subscribe: Newsletter on "the next big thing"
Register: Gain access to visionary innovation
Sensor Technology Innovations Enabling Quantified-Self
D547-TI
Contact:
Jennifer Carson
Corporate Communications – North America
P: +1-210-247-2450
F: +1-210-348-1003
E: [email protected]
LinkedIn: Transform Health Group
Twitter: @Frost_Sullivan
Facebook: Frost & Sullivan
http://www.frost.com
http://www.technicalinsights.frost.com
