In June 2016, GE announced that its research team is developing an electronic patch that will be able to monitor the major signs and transmit the data wirelessly to any device, which is connected to it. The size of the wearable device is approximately the size of a Band-Aid and is integrated with organic light-emitting diodes (OLEDs). With the help of the embedded OLEDs, the device can track and identify the heart rate, blood-oxygen saturation levels, and blood pressure and could also help in monitoring electrocardiogram (ECG/EKG) according to the company. The sensor that is supposed to be worn on the wrist will transfer data to a connected device or a smartphone. This makes it a highly effective tool to regulate and track patients who are not physically present in the medical facility.
According to Erno Muuranto, lead engineer, GE Global Research, the transformation that happened with smart phones is projected to happen with patient monitoring as well. Further, Erno said, “The world is going wireless and wearable. We could run hospitals like smart factories. Wireless sensors and data analytics will help correctly diagnose patients in the ambulance.” Further, it will enable the doctors to monitor the patients remotely. This will reduce cost and make the entire process cost-effective and time-efficient. According to GE, the use of wearable medical sensors to establish communication with other smart devices will be a trend in the next five years. Further, GE is also lining up to upload significant amount of medical data from these sensors to the cloud-based service. Anil Duggal, chief scientist, GE Global Research said that the entire process will enhance the overall patient-doctor experience and will also allow doctors to access sufficient data about the patients. Mr. Duggal and his team are not restricting to vital sign monitoring only.
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They expressed their desire to use their expertise in flexible electronics and GE’s OLED technology to test the patches in the clinical trials. With these patches, doctors can keep an eye on the hydration levels of people while working out and can also be used to monitor stress levels. The research team at GE are finding ways to integrate soft and organic semiconductors with human tissue. This will allow the progress of neutral implants for the treatment of epilepsy. In the past decade, emphasis on product development has surged for the wearable biosensors. These patches help to track vital signs, blood alcohol, and blood glucose. The devices can also facilitate drug treatments if required. Several companies are looking to increase their product portfolio and make innovations. Keeping pace with the current trend, Philips introduced a wearable, wireless, medical-grade biosensor developed to measure significant signs in low-acuity clinical environment. R&D activities have increased as several companies plan to establish wearable technology. A startup based in the Silicon Valley, Vital Connect developed a disposable biosensor device named as HealthPack. The device has made an entry to the U.S market.
The wearable patches market is gaining popularity in recent times. The advancements made in the field are propelling the growth of the market. The adoption has increased in the developed regions such as the U.S. and Europe. Big Market Research recently added a report related to the wearable patches market. It offers useful insights related to the market, such as market share, size, and growth.
Fundamentals Of Table Of Content :
2 Manufacturers Profiles
2.1.2 Connected Wearable Patches Type and Applications
2.1.3 iRhythm Connected Wearable Patches Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.1.4 Business Overview
2.1.5 iRhythm News
2.2 Medtronic/Zephyr Technology
2.2.2 Connected Wearable Patches Type and Applications
2.2.3 Medtronic/Zephyr Technology Connected Wearable Patches Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2.4 Business Overview
2.2.5 Medtronic/Zephyr Technology News
2.3 Sensium Healthcare
2.3.2 Connected Wearable Patches Type and Applications
2.3.3 Sensium Healthcare Connected Wearable Patches Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3.4 Business Overview
2.3.5 Sensium Healthcare News
2.4 Vancive Medical
2.4.2 Connected Wearable Patches Type and Applications
2.4.3 Vancive Medical Connected Wearable Patches Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.4.4 Business Overview
2.4.5 Vancive Medical News
2.5 Vital Connect
2.5.2 Connected Wearable Patches Type and Applications
2.5.3 Vital Connect Connected Wearable Patches Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.5.4 Business Overview
2.5.5 Vital Connect News
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