Trends brief: Quantified self & Wearable Technologies

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Trend Briefing: THE QUANTIFIED SELF & WEARABLES July 2014

Transcript of Trends brief: Quantified self & Wearable Technologies

Trend  Briefing:  THE  QUANTIFIED  SELF  &  WEARABLES  

July  2014  

Make  It  Wearable  |  Episode  2:  Human  Health  

QuanFfied  Self  (aka  Self-­‐tracking)  

•  An  advanced  way  of  using  technological  tools  to  collect  data  about  a  person's  life  with  a  goal  of  self  improvement.  Data  is  collected  on  inputs  (e.g.  food  consumed,  quality  of  surrounding  air),  states  (e.g.  mood,  arousal,  blood  oxygen  levels),  and  performance  (mental  and  physical)  

QS  

Technology  Advances  

Consumer  Behavior  

Mobile  

Social  

Wearables  (Wearable  compuFng)  

•  A  brand  new  technology  category  that’s  resulIng  from  the  convergence  of  four  major  trends  

Source: http://www.deloittedigital.com/us/blog/the-truth-about-wearables-what-they-are-and-arent

Wearables  

Mobile  

Augmented  Reality  

Internet  of  things  

Big  Data  

1940s  2010s  

2030s  

From  Science  FicFon  to  Science  Fact  

5  Key  Drivers  

Source: Internet trends 2014, KPCB

1.  AcceleraFon  of  technology  

2.  Government  Enabled  Change  Pushes  Technology  AdopFon  

Mandates   Technology  

Meaningful  Use  

Affordable  Care  Act  

HealthIT  

3.  ConsumerizaFon  of  Healthcare  

•  Cisco  predicts  that  there  will  be  25  billion  connected  devices  in  2015  and  50  billion  by  2020,  each  generaIng  data  and  insights  that  might  prove  helpful  to  those  who  monitor  and  collect  such  things.  

•  52%  of  people  surveyed  were  interested  in  buying  a  fitness  monitor  device  or  applicaIon*  

•  54%  were  interested  in  buying  a  health  monitor  as  either  an  applicaIon  on  their  mobile  phone,  laptop  or  desktop,  or  as  a  dedicated  device*  

9  *Source: Accenture

4.  Increase  in  Chronic  CondiFons      

• 1  in  2  Americans  has  at  least  1  chronic  condiFon,  1  in  4  has  2+  

• Regular  touch  points  serve  to  engage  care  recipients  in  self-­‐directed,  acFve  management  of  their  disease  or  health.  

10  *Source:

5.  Aging  populaFon  

•  As  the  aging  Baby  Boomer  populaIon  requires  more  health  care  and  health  maintenance  support,  devices  that  can  monitor  their  health  and  safety  are  garnering  a`enFon  and  growing  capital  investment.  

•  They  are  aging  in  place  with  the  assistance  of  digital  health  technologies  like  moFon  sensors  and  tracking,  connected  health  monitoring  apps,  and  streaming  video  provides  real  emoIonal,  physical  and  financial  benefits  

Source: Consumer Electronics Association (CEA) 2014, AARP, 2012

The  Connected  Body  

Health  Data  Systems  

Personal  Data  AggregaFon  

Environmental  Sensing  

Augmented  PercepFon/InteracFon  

 

Bio  Sensors  

Bio  Sensors  (in/on  body)  

Bio  Sensors  (in/on  body)  

of  U.S.  adults  keep  track  of  at  least  one  health  indicator  such  as  weight,  diet,  exercise  rouFne,  or  symptom  

Source: Pew Research Center’s Internet & American Life Project

Sales  of  wearable  devices  will  increase  and  likely  double  in  the  next  2  years.  The  global  market  for  health  and  fitness  

wearables  will  reach  170  million  devices  by  2017  

Source: ABI Research

Proteus  Digital  MedicaFons  

Digital Medicines will be the same pharmaceuticals you take today, with one small change: each pill will also contain a tiny sensor that can communicate, via our digital health feedback system, vital information about your medication-taking behaviors and how your body is responding.

2min  CreaFve  Brainstorm  

Bio  Sensors  (in  body)  

Augmented  PercepFon/InteracFon  (visualizaFon)  

•  Global  augmented  reality  applicaIons  market  will  grow  from  $692  million  in  2013  to  $5.2  billion  by  2016,  a  growth  curve  similar  to  that  of  the  wearable  technology  market  

2min  CreaFve  Brainstorm  

Augmented  Percep7on/Interac7on  (on  the  body)  

Environmental  Sensing  (close  to  the  body)  

Smart  Clothing  

Connected  Environmental  Systems  

SophisIcated  home-­‐based  devices  integrates  wearables  and  home-­‐based  devices  to  track  paFents  and  inform  healthcare  providers  

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2min  CreaFve  Brainstorm  

Environmental  Sensing  (close  to  the  body)  

Personal  Data  AggregaFon  

Apple  Health  &  HealthKit  

Your  health  and  fitness  apps  will  soon  work  even  harder  for  you.  

Developers  allow  apps  to  access  your  health  data,  too.  And  you  choose  what  you  want  shared.  

Google  Fit  

An  open  plahorm  that  lets  users  control  their  fitness  data.  

Lets  developers  build  smarter  apps  and  manufacturers  focus  on  creaFng  amazing  devices.  

Tictrac  

Lets  you  discover  more  about  yourself,  by  showing  you  all  of  your  acFviFes  in  one  place  

•  Life’s  mini-­‐projects  

• Sync  with  your  exisIng  apps  • Sync  with  your  current  services  •  Leverage  the  Disco  discovery  engine  

2min  CreaFve  Brainstorm  

Personal  Data  Aggrega7on  

Health  Data  Systems  

Health  Data  Systems  

• Nearly  8  in  10  office-­‐based  physicians  had  adopted  some  form  of  an  electronic  health-­‐record  system  and  nearly  half  of  them  had  a  “basic”  system  with  key  EHR  funcIons  defined  

•  Five  major  naIonal  pharmacy  chains  with  a  total  of  more  than  20,000  stores  throughout  the  country  have  signed  on  to  the  Blue  Bu`on  health  informaFon  sharing  iniFaFve  pioneered  by  the  Veterans  Affairs  Department  in  2010,  the  White  House  said  in  a  blog  post.  

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Source: National Ambulatory Medical Care Survey,

Healthcare  AssociaFons  

Laboratories  

Health  &  Fitness  Device  Manufacturers   Employers  

Health  Plans  

PaFents  

Pharmacies  

Physicians  

ApplicaFon  Providers  

Hospitals  

Health  Data  

Health  Data  Systems  

•  EMR,  Blue  Bubon,  Health  Vault  

2min  CreaFve  Brainstorm  

Health  Data  Systems  

Key  Takeaways  

•  New  Technology  and  New  Ecosystem  

•  Think  beyond  the  smartphone  experience  

•  For  success,  focus  on:  •  Sensing—gathering  data  about  the  context  in  and  around  the  user  and  device  •  ComputaFon—processing  of  data  to  make  it  useful  •  CommunicaFon—Feedback  with  either  a  user  or  another  device  

Thank  You!