wearables and the iot himss 2016

Real-world Wearables and the IoT: Cases and Outlook – Panel Discussion

Moderator: Rick Krohn, M.A., M.A.S., President HealthSensePanelists: David Rhew, Chief Medical Officer and Head of Healthcare and Fitness at Samsung Electronics AmericaKate McCarthy, Senior Healthcare Industry Analyst, Forrester ResearchAnand K. Ieyer, PhD, MBA, Chief Strategy Officer, WellDoc

Over 20% of Americans Use Wearable Tech – Forrester Research

Wearables Market snapshotThe market includes nearables, “ there-ables” and implantables

Wearables headliners continue to be health and wellness, fitness trackers

…but the medical wearables market, excluding wellness and fitness, is expected to grow 65%, hitting $6 billion in 2016. [Frost & Sullivan 2016 Healthcare Outlook]

Non-traditional, cross- industry innovative partnerships – including fashion, transportation, consumer electronics

New Market Drivers – clinical grade device buyouts; payer adoption of wearable solutions; cheaper, disposable devices

Growth opportunities: Aged, Chronic, RPM, Big Data, Analytics

Hurdles – cost, policy and regulation, security

2015 Wearables Market Penetration - Healthcare • $4.3 BB came into the digital health space in 2015• Wearables were the second most funded category of digital health in 2015• Estimated health wearables market growth rate: 17.7% CAGR• Market potential still largely untapped, adoption could quadruple by 2019Source: Espeo Software, 2016

…and some Trends for 2016

• From Personal Tracking to Medical Grade – more companies are opting for FDA approval • Wearables as fashion statement – companies like Fitbit, UnderArmour teaming with Fashionistas• 1/3 of new wearable products from companies making first foray in to the space • Business strategies: niche populations, condition-specific and enterprise wearables, consolidation, richer data

Biosensing Wearables LandscapeSource: Rock Health

Quantified Self

Wearables 2.0

Source. www.cancer.gov

NextGen Wearables – Intuitive, Integrated, Analytic, Actionable

Trends ………

Wearables around the body Wearables minimally invasive and inside the body

Policy and Security Disruptive Business ModelsConnected Health!

Source: Rock Health

Wearables and the IoT

IoT in the Healthcare Enterprise

The IoT in Healthcare

Source: HCL Technologies

mHealth in the Internet of Everything

New eBook from HIMSS authors Rick Krohn/David Metcalf, and Dr. Pat SalberFollowing the author’s 2 previous HIMSS books detailing mHealth (2012, 2014), this new mHealth eBook titled Health-e Everything: Wearables and the Internet of Things for Health conducts a focused examination of wearables as an explosive niche of the mHealth market. Covering a range of issues from newer wearable applications in the provider and enterprise spaces, to emerging technology solutions and hurdles to successful deployment, and with rich multimedia content, this eBook provides an engaging discussion about wearables - present and future – with contributors including Eric Topol, Daniel Kraft, Robert Wachter, Anand Dyer, and many more. This eBook also examines the interplay of mobile solutions like wearables in the healthcare Internet of Things (“IoT”) landscape. This eBook delivers a unique learning experience via deep content, digital techniques and expert perspectives. It can be purchased at the HIMSS show bookstore, and online at http://healtheeverything.com

Real-world Wearables and IoT Case Studies- Panel Discussion