A small presentation on Wearable Devices in HealthCare. It emphasise the need of FDA Regulatory route and Reimbursement Pathway to break the confinement of Wearable Devices to a very small part of the Population.

1. Wearable Electronics in
Health Care
by Parth Agrawal
Biomedical Engineer & IOT Enthusiast

2. What is Wearable Technology?
• Clothing and Accessories incorporating
Computing and Advanced Electronic
Technologies.
• Some Examples-
Source: http://people.rit.edu/sml2565/iimproject/wearables/index.html

3. General Perception about Wearable Technology
Wearable
Technology
Sources- http://www.123rf.com/photo_8566117 || https://www.imforza.com/blog/wearable-technology

4. We love Numbers!
1. IOT Health Care market to hit 117 Billion $ by 2020[1].
2. 7.6 Billion People and 75 Billion Connected Devices by 2020[2,3].
3. 20% of all Americans own a Wearable Health Device and 80% of all
are aware of the presence of Wearables in the Market[4].
4. With an opening of +52%, Fitbit was in the Top 10 Stock Debuts of
the year[5].
5. 41% of the Wearable Owners have an Annual Income above
100,000 $[6].

5. Where do we fit in?
• Government is under huge pressure from Health Insurance.
• Prevention of the Disease would benefit everyone.
• World is transforming from Curative to Preventive.
• More people would buy Wearables if paid by Insurance.
• Insurance not sure about the performance.
• Companies not doing Clinical Studies extensively.
• Most wearable companies are Start-Ups who fear FDA.
•WE know about technology, management & the FDA

6. You can Mail me your Questions
at parth1331@gatech.edu

7. Reference
1. http://www.forbes.com/sites/tjmccue/2015/04/22/117-billion-market-for-internet-of-things-in-healthcare-by-2020/
2. http://www.businessinsider.com/75-billion-devices-will-be-connected-to-the-internet-by-2020-2013-10
3. https://www.census.gov/population/international/data/idb/worldpopgraph.php
4. http://mobihealthnews.com/37543/pwc-1-in-5-americans-owns-a-wearable-1-in-10-wears-them-daily/
5. http://www.cnbc.com/2015/06/18/fitbit-opens-52-higher-in-market-debut.html
6. http://www.forbes.com/sites/jenniferelias/2015/10/27/the-leftovers-part-i-the-cost-of-activity/