"wearable" articles

Parks Associates research finds that 75% of smart watch owners and 68% of fitness tracker owners are using their devices every day . How are consumers utilizing digital health applications? This new infographic below highlights the top 10 ways consumers use health apps the most, including tracking resting heart rates and consumed calories, setting exercise goals, and logging food and drink. Notably, almost half (48%) of daily app users utilize their health devices to track the...

Prior to the 5th-annual Connected Health Summit, hosted by Parks Associates, Geoff Gross, Founder & CEO, Medical Guardian, sat down with the firm's analyst team to discuss new cutting-edge innovations in the connected health market. Geoff will participate on the expert panel, Trackers, Wearables, and Smart Watches: Next Stage in Health Tech , during the pre-conference research workshop: Independent Living and Wellness: A Growing Opportunity on Wednesday, August 28, at 4:15...

Prior to the 5th-annual Connected Health Summit, hosted by Parks Associates, Jeff Patton, GM Connected Home Products, GE Lighting sat down with the firm's analyst team to discuss effective strategies to engage consumers in health and wellness behavioral changes. Jeff will participate on the expert panel,  Holistic Sleep Solutions: Expanding the Ecosystem , during the pre-conference research workshop: Independent Living and Wellness: A Growing Opportunity on Tuesday,...

If you spent any time in the Sands Convention Center—part of CES 2018’s Tech West exhibition—you couldn’t miss the explosion of companies offering sleep solutions this year. From startups to established companies like Philips and Nokia, everyone wants to capture a piece of this market. Form factors on display include smart mattresses, sensor strips that slip underneath sheets, smart pillows, smart sensors that clip on pillows, smart sensors that clip on clothes, bed-side...

2017 brought some exciting developments in the telehealth space. 2016's 21st Century Cures Act has helped to streamline regulations around the adoption of digital health technologies, and in response the FDA has established a new digital health unit to focus on areas such as telemedicine, mobile apps, wearable devices, clinical algorithms (aka software-as-a-medical-device), and health information technology. As a result of its new focus on streamlining, the FDA has:...

Parks Associates recently published Smart Home, Caregiving, and Aging in Place , an analysis of existing and anticipated independent living needs among people age 50 and older. This was an exciting project to complete, given the significant demographic shifts that are currently occurring in the United States. The U.S. population is greying, which is a trend that will continue for decades, due in large part to the aging of the sizable Baby Boomer generation. The below chart...

Smart watch adoption is picking up in the United States. According to Parks Associates' most recent survey data, as of 2017 14% of U.S. broadband households own at least one smart watch. Consumer-reported purchase intention for smart watches has also more than doubled year-over-year, ahead of the holiday shopping season. 2017 is an important year for the U.S. smart watch market. Traditional fitness wearable brands Fitbit and Garmin have announced their first "true" smart...

The Apple Event was today, and Apple made a series of interesting announcements about its iPhone lineup. The iPhone 8 and 8 Plus were announced, and the rumored iPhone X was confirmed. These new iPhones offer more powerful processing via Apple's new A11 chip, as well as an Apple-designed GPU. This allows Apple to offer on-device machine learning and computer vision-enabled abilities which enable a number of new use cases. Apple's machine learning tech enables: Native...