The wearable health device industry isn’t going anywhere
Do you enjoy tracking your calories or heart rate on your mobile health device? Are you excited about future upgrades and products? Well, we have good news for you.
State of the mobile health care industry
The mobile health device industry isn't going anywhere. A new report published by Zion Research indicated that this corner of the health industry is expected to reach nearly 50 billion in the next four years. It was valued at 14.5 billion in 2014.
"Mobile health devices provide health providers with an unprecedented amount of data."
Consumers love their tracking devices for a variety of reasons, including two which we just described. Others include the ability to track muscle activity, steps taken and sleep. It gives you an unparalleled look into their health, which is something they typically only receive when they go to the doctor. And some devices even remind you to get moving, which is perfect for those Saturday afternoons when you'd rather just sit in front of the television.
Mobile health devices can also give health providers with an unprecedented amount of data, although they do need to be wary about which devices they use. (A new study showed that Apple Watch was much more accurate than Fitbit.)
The biggest drivers for growth continue to be in the U.S., which accounted for over 30 percent of the market share in 2014, according to the source. However, right behind are Europe and the Asia-Pacific market where the authors expect continued growth in the coming years.
A few factors driving growth likely include improved accuracy, affordability and the general ease of use (portability) of devices.
Are mobile devices right for you?
Some consumers may look at mobile health devices and think they're only for health experts and aficionados. This couldn't be further from the truth. These devices are perfect for anyone interested in keeping track of their health. While the devices won't help you lose weight or get in shape, they will provide you with enough information to help you make more informed decisions about your health and diet.
Many people aren't sure how to start living healthy. They become overwhelmed with the idea of doing so because they're not sure how to start. Mobile devices are that starting point. Not only do they keep track of your health for you, they also alert you to keep exercising. It's almost like having your own mini personal trainer with you.
If you're thinking of purchasing a mobile health device, there's no better time to do so given the healthy state of the market.