Parks Associates’ Connected Health Summit features Jasper Health, Omron, Garmin, Becklar, and more speaking about new opportunities for health monitoring
Parks Associates will host the Connected Health Summit virtual session “New Era of Emergency Response and Remote Patient Monitoring” on Tuesday, August 30, 11 AM CT US, to discuss new opportunities for health monitoring, including cardiac conditions, sleep disorders, and safety monitoring for all ages. Event sponsors include ADT Medical Alert, Alarm.com, EarlySense, Johnson Controls, Rapid Response Monitoring, Becklar, and Independa.
Parks Associates finds that 28% of US internet households intend to purchase a wearable within the next six months, and health and medical features are very popular with this cohort. Approximately 95% are willing to pay more for a wearables model if it has advanced health features, including 66% who would pay more for a device that accurately measures blood pressure and can share that information with their doctor.
“Wearables intenders are most likely to pay more for medical-grade vital sign detection, particularly blood pressure, arrhythmia, and blood oxygen levels. There is also high interest in fall detection features,” said Kristen Hanich, Director, Research, Parks Associates. “Likely buyers ages 25-44 are more likely than those in other age groups to be willing to pay more for health-related features, even for fall detection. That said, fall detection is the #1 feature for consumers ages 65 and older.”
“New Era of Emergency Response and Remote Patient Monitoring” features interactive panel sessions, along with a keynote presentation from Adam Pellegrini, CEO and Co-Founder, Jasper Health. The panels "Remote Patient Monitoring: Solving Health Issues in Real Time” and “Wearables for Health: Tech is the New Normal" analyzes new programs developed around remote patient monitoring and opportunities emerging from the growing number of use cases for wearables.
- Dr. Waqaas Al-Siddiq, CEO, Biotricity
- Morgan Hertel, VP, Technology and Innovation, Rapid Response Monitoring
- Amar Kendale, President, Homeward
- Dan McCaffrey, VP, Digital Health and Software, Omron Healthcare
- Tejaswini Mishra, PhD, Research Scientist, Genetics, Stanford School of Medicine
- Shyamal Patel, PhD, Head of Science, OURA
- Jörn Watzke, Senior Director Garmin Health, Garmin
- Brock Winzeler, President of Freeus, Becklar Workforce Safety, and Becklar Connected Wellness, Becklar
Parks Associates will host additional virtual Connected Health Summit sessions in 2022:
- August 31: Successful Strategies for Engaging Consumers
- October 6: Seniors and Caretakers: Living Independently
About Connected Health Summit: Consumer Engagement and Innovation
Connected Health Summit, hosted by international research firm Parks Associates, is an executive conference focused on the impact of connected devices and IoT healthcare solutions on consumers at home. In its tenth year, Connected Health Summit brings senior industry leaders together from all aspects of the consumer experience ecosystems to provide insights on new business models, IoT technologies, consumer behaviors, and deployments relevant to consumer healthcare solutions.
The conference features Parks Associates quarterly consumer readdresses opportunities for new solutions in the care giving and senior markets and the wellness markets. This includes smart home platforms, on-demand services, voice assistants, and wearables, to empower consumers, caregivers, and providers and to meet the growing demand for services in independent living, chronic care management, remote access to care, and wellness and fitness solutions. www.connectedhealthsummit.com
Follow the event on Twitter at @CONN_Health_Smt.