The Internet of Medical Things as A Solution for Lifestyle and Chronic Illnesses
Sponsored post: The evolution of the internet of medical things (IOMT) market is primarily driven by the increasing adoption of sensor-based technologies, wearable or stand-alone devices for patient monitoring, and asset management. Also, changing the lifestyle of consumers and increasing concerns towards health and related activities is likely to boost the adoption of the internet of medical things in the coming years. However, the high cost associated with the internet of medical things such as installation software, hardware maintenance, and the network are the major barrier for the development of this market. Also, the lack of skilled professionals is likely to hamper market development to a certain extent. Despite those challenges, the total connected health market could become an approximate $188 Billion industry by 2024 at an estimated 27.6% CAGR. (1) For more forecasts, let’s find out what would be the total connected health market by 2026.
The IOT is also becoming well-known in the NBA. It has been said that making a smart ring available to its players is part of a complex plan to protect them from other health issues that we are facing in today’s generation. The league purchased hundreds of wearable technology devices. Players and staffers active in the NBA’s “bubble environment” have the option of wearing the titanium health trackers, one of several methods the league is utilizing in an effort to immediately identify people with potential cases of infectious diseases. The device could track key health data, including heart rate, respiration rate, body temperature, and sleep patterns. The device provides feedback based on the data, including a readiness score that alerts user to their level of physical performance. As a result, the NBA claims that they likely wouldn’t have survived last season’s bubble without the “smart ring” (2). Curious about changing the lifestyle of consumers and increasing concerns towards health and related activities? boost your adoption to the IOT.
As a result, these other medical technology sectors are here to provide high-quality products and services. Their goal is to focus on biometric data monitoring solutions to deliver remote monitoring resolutions to the medical, healthcare, and consumer markets, with a center on diagnostic and post-diagnostic solutions for lifestyle and chronic illnesses. These sectors appear to be expanding medical-grade monitoring into the consumer market that empowers users to self-manage chronic conditions. These systems might help users make the way of life changes by combining medically relevant ECG data with social media interactivity with an innovative lifestyle. Check the disclaimer on my profile and landing page.