Technology Assessment and Acquisition
Wearable technology -- Applications to health care, Diabetes -- Treatment, Diabetes treatment equipment industry -- Evaluation
The health industry is truly blossoming with promise as wearables, biofeedback, and digital health tracking is gaining sophistication and popularity, with far reaching implications for patients and medical professionals. Historically, these sorts of medical devices could be used for treatment for phantom limbs , physical therapy , pain management , attention , incontinence , and sleep disorders . Very recently, in the past few years there has been an outpouring of increased interest and availability of more modern, advanced, and accessible wearable devices. Truly, we are witnessing the dawn of wearable computers.
Diabetes is a serious medical condition that affects around 20% of Americans, and that number increases every year. It is the 7th leading cause of death in the US, and comes with a bevy of comorbid conditions like stroke, blindness, kidney disease, and amputations. It also comes with a hefty $245 billion medical treatment cost each year . This does mean, however, that there is a huge and hungry market needing better, more accurate treatment and constant data collection for medical providers. This case will report of the brightest technologies available currently, and we’ll assess their value to the market to predict which should be adopted for the most impact.
Alzahrani, Saeed; Giadedi, Abdulhakim; Lamberth, Ross; Lilja, Tania; Mbagwu, Obinna Charles; and Velez, Edwin Vilanova, "Wearable Technology: Diabetes Monitoring in the Healthcare Industry" (2016). Engineering and Technology Management Student Projects. 37.