Wearable Technologies: What’s in it for Medical Device Companies?

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ARTICLE SUMMARY:

Healthcare is moving towards a value based payment system, which, in theory, should reward wearable technologies that can measure, coach, and teach patients to keep them healthy and out of the highest cost care settings. But investors and many medical device companies themselves remain skeptical as to the clinical value of wearables, and it is far from clear how they can get paid for their investments in wearable medtech. Some early movers believe they can overcome the burden of proof.

From Nike to Nikon, Validic to Victoria’s Secret, all kinds of companies are entering the many faceted industry known as digital or connected health.

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